funding

Funding is the act of providing financial resources, usually in the form of money, or other values such as effort or time, to finance a need, program, and project, usually by an organization or company.

(source: en.wikipedia.org)

Simetrik Raises $55 Million to Enhance B2B Financial Automation Platform
Simetrik Raises $55 Million to Enhance B2B Financial Automation Platform
February 21, 2024  |  Investments

Simetrik, a B2B financial automation platform founded in Colombia in 2019, raised $55 million in a Series B funding round. The new capital will help...

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Fabric Raises $60 Million to Grow Conversational AI-Powered Healthcare Platform
Fabric Raises $60 Million to Grow Conversational AI-Powered Healthcare Platform
February 21, 2024  |  Investments

Fabric, a health technology company, raised $60 million in a Series A round to expand its care enablement platform for healthcare providers. The platform increases...

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U.S. Gives GlobalFoundries $1.5 Billion to Accelerate Domestic Semiconductor Industry
U.S. Gives GlobalFoundries $1.5 Billion to Accelerate Domestic Semiconductor Industry
February 20, 2024  |  Technology

When it comes to technological advances, the small things frequently have the biggest impact. And for the 21st century’s connected economy, there is no bigger,...

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Recogni Raises $102 Million to Meet AI Applications’ Compute Demand
Recogni Raises $102 Million to Meet AI Applications’ Compute Demand
February 20, 2024  |  Investments

Recogni, an artificial intelligence (AI)-based computing firm, has closed a Series C funding round, securing $102 million. The funding will be used to drive the...

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Monite Raises $6 Million to Grow Embedded Finance Platform
Monite Raises $6 Million to Grow Embedded Finance Platform
February 19, 2024  |  Investments

Embedded finance workflows startup Monite added $6 million to its seed funding, bringing its total to $16 million. The firm will use the new funding...

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Altman’s AI Chip Plan Faces National Security, Antitrust Concerns
Altman’s AI Chip Plan Faces National Security, Antitrust Concerns
February 16, 2024  |  Artificial Intelligence

OpenAI CEO Sam Altman is reportedly seeking approval from the U.S. government for an initiative aimed at enhancing the global manufacturing of artificial intelligence chips....

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Shares of Smaller AI Firms Rise After Nvidia Discloses Investments
Shares of Smaller AI Firms Rise After Nvidia Discloses Investments
February 15, 2024  |  Artificial Intelligence

Shares of smaller artificial intelligence (AI) firms reportedly experienced a rally Thursday (Feb. 15) after Nvidia, the world’s leading AI chipmaker, disclosed its stake in them...

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PayPal-Backed Rasa Raises $30 Million to Grow Conversational AI Platform
PayPal-Backed Rasa Raises $30 Million to Grow Conversational AI Platform
February 14, 2024  |  Investments

PayPal-backed Rasa has raised $30 million in a Series C round to grow its generative conversational artificial intelligence (AI) platform for enterprises.  The company aims...

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Go Autonomous Raises $10 Million for B2B eCommerce Platform
Go Autonomous Raises $10 Million for B2B eCommerce Platform
February 14, 2024  |  Investments

B2B eCommerce platform Go Autonomous is plotting its expansion after raising $10.3 million. The Danish company announced its Series A funding round in a Wednesday...

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