Financial platform Maza has raised $8 million to help provide immigrants with financial identities. The Los Angeles-based company announced the seed funding in a Wednesday (June 28) press release, saying the financing will bolster its platform, which automates a U.S. tax presence for immigrants. “As descendants of Latin American...
Resistant AI has raised more funding for its artificial intelligence (AI) and machine learning (ML) security solutions. The company has added $11 million from venture capital (VC) firm Notion Capital to its Series A funding, bringing the total to $27.6 million, Resistant AI said in...
Odoo has received a strategic investment of 150 million euros (about $164 million) to continue its global expansion. The Belgium-based provider of open-source integrated business software applications for small and medium-sized businesses (SMBs) received the investment from global growth equity firm General Atlantic, Odoo said...
Singapore’s utu has raised $33 million and acquired the rewards platform CardsPal. The acquisition and funding, announced Monday (June 26), is designed to help consumers get the most out of tax-free shopping, the company said in a news release provided to PYMNTS. “The cross-border travel...
TreasurySpring has secured $29 million to grow its fixed-term fund (FTF) platform. The firm plans to increase its headcount by 50%, adding to its product, sales and marketing teams; develop its products and services; and accelerate its international expansion, according to a Monday (June 26) press release. The...
Volt has raised $60 million in a Series B round to expand into Asia-Pacific (APAC) and the Americas. The builder of infrastructure for global instant payments will also use the new capital to support product development in its existing markets in Europe, the United Kingdom...
Military technology startups are enjoying a record investment boom led by venture capital (VC) firms. This wave of investments has been fueled by the Russia-Ukraine war and tensions between the U.S. and China, both of which have led to confidence that the U.S. will begin hiring Silicon Valley defense-tech...
Trade finance provider Cleareye.ai has received a strategic investment from J.P. Morgan. The companies announced the investment — no dollar amount was provided — Tuesday (June 20), saying that Cleareye would offer trade finance solutions for the banking giant and its clients around the world....
French startup Mistral AI has reportedly raised a record $113 million in seed funding. The company, founded by artificial intelligence (AI) vets from Google and Meta, launched just weeks ago, the Financial Times reported Tuesday (June 13). That report notes this was the largest-ever seed...
