Chinese artificial intelligence (AI) startup MiniMax reportedly aims to raise over $600 million in an initial public offering (IPO) in Hong Kong. The company may start taking investor orders as early as Wednesday (Dec. 31) for a listing in January, although the size and timing...
From automating warehouse docks and tracking cognitive performance to reshaping insurance underwriting, startups are leveraging new capital to hardwire artificial intelligence (AI) into operational workflows. Logistics Intelligence Powers Dock Operations Warehouse automation startup Kargo.ai raised $42 million in a Series B round to expand global...
Trade finance platform Olea Global has raised $30 million in new funding. The company’s Series A round, announced by the Singapore-based startup last week, was led by BBVA and will help Olea invest in artificial intelligence (AI) driven analytics, Web3 readiness and expertise in areas...
Ex-FTX executive Brett Harrison raised $35 million for his perpetual futures exchange startup, The Information reported Tuesday (Dec. 23). The new funding round values Architect Financial Technologies at $187 million, according to the report, which cited unnamed sources. The exchange, AX, offers perpetual futures on...
Co-branded credit card startup Imprint is now a billion-dollar company. The new valuation — at $1.2 billion, to be precise — came as the company raised $150 million in a Series D round announced Wednesday (Dec. 17). Imprint says it will use the funding to...
Revenue platform Sequence has secured $20 million in new funding. The company says its Series A round, announced Tuesday (Dec. 16), will allow it to continue what it calls the work of eliminating “the most manual and painful parts of revenue operations.” This includes things...
Speed raised $8 million to accelerate the growth of its payments solutions built on the Bitcoin Lightning Network. The company will use the new funding to build capacity, expand to new regions, develop more merchant tools, enable cross-border and creator payouts, and maintain reliability and...
Thread Bank has raised $30.5 million to promote its embedded banking strategy. The new funding, announced Tuesday (Dec. 16), comes in the form of a $27.6 million initial raise and a $2.9 million extension, the lender said. “From the outset, our mission at Thread has...
Data analytics/artificial intelligence (AI) firm Databricks is reportedly raising $4 billion in a new funding round. This Series L round would value the company at $134 billion, up 34% from its last session of funding during the summer, the Wall Street Journal (WSJ) reported Tuesday...