Last year was the worst year for venture capital funding since 2016. So far, 2024 isn’t shaping up to be much better. Venture firms raised $30.4 billion from foundations, university endowments and other institutional investors in the first quarter of the year, a decline from 2023,...
Datavolo has raised $21 million to continue helping customers build scalable and secure multimodal data pipelines for artificial intelligence (AI). The company will use the new capital to harness Apache NiFi, which was created at the National Security Agency (NSA) to handle secure pipelines of...
Legal document-focused artificial intelligence (AI) firm Luminance has raised $40 million. The Series B funding round, announced Tuesday (April 2), will help Luminance strengthen its foothold in the U.S., which accounts for a third of its revenue, the British company said in a news release. “Luminance’s specialist legal...
Gather AI has raised $17 million to scale its computer vision and AI-powered warehouse inventory monitoring offerings. The Series A-1 round, announced Wednesday (March 27), will be used to scale operations as Gather AI tries to grow its customer base by solving supply chain issues with richer data...
Amazon made an additional $2.75 billion investment in Anthropic, bringing its total investment in the artificial intelligence company to $4 billion. The new investment joins the initial investment of $1.25 billion that Amazon made in September and completes the commitment the company promised at that time to invest up...
InsurTech Qoala has raised $47 million in a funding round led by PayPal Ventures and MassMutual Ventures. The Series C round, announced Wednesday (March 27), will let the Malaysia-based Qoala expand its embedded insurance business across Southeast Asia. “The investment will also empower Qoala to intensify its tech-driven initiatives, seamlessly integrate artificial...
Artificial intelligence (AI) startup Fieldguide has raised $30 million for its accounting industry offering. The Series B funding round, announced Tuesday (March 26), will let the company launch new AI capabilities, expand its market reach, and add to its team as it tries to alleviate what it says is...
Iron Sheepdog has raised $10 million to expand its broker/contractor-focused trucking technology solution. “At its core, Iron Sheepdog is a tool that helps the broker as a small business owner,” Mike Van Sickel, CEO of Iron Sheepdog, said in a news release Monday (March 25) press release. “By giving...
Fuel and fleet spending management firm Coast has raised $92 million in new capital. The funding round includes $25 million in equity capital from investors such as BoxGroup, Avid Ventures, Accel, Insight Partners, and Better Tomorrow Ventures, as well as newcomer Vesey Ventures, Coast said in a...
