Procurement platform Sastrify has raised $32 million to help companies avoid overspending on software. The Series B round will help the company scale its teams in the United States and Europe and accelerate product development as Sastrify tries to tackle what it referred to as “sprawl” in the Software-as-a-Service...
Pesto has raised $11 million and launched an asset-backed credit card. The Pesto Mastercard, which is the company’s first product, is available to customers who send valuables to be used as collateral and is designed to provide an alternative to pawn and payday loans, Pesto said in...
Digital banking group Tyme has raised $77.8 million in a pre-Series C capital raise. The Singapore-headquartered firm will use the new funding to continue growing its operations in South Africa and the Philippines, to expand in Southeast Asia in the future and to perform a partial buyback, according to...
Moonfire Ventures has raised $115 million for European early-stage startups and the artificial intelligence (AI) space. The new fund is the latest in a series of examples of venture capital (VC) interest in AI. “With this new fund, we’re also continuing our mission to integrate state-of-the-art technology across...
Artificial intelligence company Figure has raised $70 million toward its goal of commercialized, humanoid robots. The Series A round, announced Wednesday (May 24) is part of a wave of recent funding in the artificial intelligence (AI) space, and is designed to help the company build...
CyberVadis has raised 7 million euros (about $7.5 million) to grow its Third Party Cyber Risk Management platform. “Breaking news! We have raised €7M in Series A funding to scale our #thirdpartyriskmanagement program and truly secure organizations’ global supply chains,” CyberVadis said in a Tuesday...
London’s Builder.ai has raised $250 million to expand its artificial intelligence (AI)-powered software platform. The Series D funding round was led by the Qatar Investment Authority and will allow the company to invest in talent, partnerships and technology, according to a Tuesday (May 23) press release. Builder.ai said in the release...
FinTech-focused venture capital firm QED Investors has closed two funds worth $925 million. The funds, announced Tuesday (May 23), consist of an early stage fund worth $650 million and a $275 million early growth-stage fund. This brings the total funds under management by QED to...
Private equity operations are reportedly gloomy about their portfolio companies regaining their high valuations. That’s according to an analysis published Tuesday (May 23) by the Financial Times (FT), which finds these firms are increasingly selling shares in those companies at a discounted rate compared to...
