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...
Discover Bank has launched a fund to support startups working to improve people’s financial health. The $36 million Discover Financial Health Improvement Fund will back companies aiming to help low- and moderate-income people, communities and small businesses in the mid-Atlantic region, according to a Tuesday...
Finland’s Voima Ventures has closed a $97 million fund to support deep tech firms. The fund will back Nordic and Baltic early-stage companies focused on “science-driven entrepreneurship,” Voima said in a Tuesday (June 13) news release. “Now is the time to scale science-based solutions into...
Insight Partners has reportedly lowered the $20 billion goal for its latest fund as tech valuations continue slumping. The venture capital fund has raised just $2 billion for its 13th fund, the Financial Times (FT) reported Monday (June 12), citing a letter from Insight to...
PayPal Ventures has helped Latin America eCommerce platform Nocnoc raise $14 million. The Series A funding will let Nocnoc expand into new markets and enhance its fulfillment solution, according to a Friday (June 9) press release. Latin America has one of the world’s fastest-growing eCommerce...
Paris-based B2B eCommerce SaaS platform DJUST has secured 12 million euros ($12.9 million) in a Series A growth funding round to expand into markets across Europe, the U.K. and the U.S. The firm will also use the funds to invest more aggressively in developing solutions...
Germany’s Payrails has raised $14.4 million to help businesses streamline payment reconciliations and refunds. The Berlin-based startup, founded by a group of Delivery Hero veterans, announced the funding on its LinkedIn page Wednesday (June 7). Payrails says its operating system lets businesses “build, operate, and...
Amsterdam-based B2B payments platform Sprinque has secured a 20-million-euro (about $21 million) debt facility. “We’re extremely happy to be able to share the good news for B2B merchants in Europe that operate across borders: We secured … debt facility from Avellinia Capital, which will allow us to finance...
