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)

YouLend Expands Revenue-Based Financing Capacity by $5.1 Billion
YouLend Expands Revenue-Based Financing Capacity by $5.1 Billion
January 29, 2024  |  Investments

Global embedded finance platform YouLend secured a financing deal that will enable it to extend 4 billion pounds (about $5.1 billion) in additional revenue-based financing...

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Logistics Startups Slash Jobs as Freight Volumes Drop
Logistics Startups Slash Jobs as Freight Volumes Drop
January 29, 2024  |  Transportation

Last year saw a surge in layoffs in the logistics sector as freight volumes declined. So far, 2024 isn’t shaping up to be much better for the...

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Proof Technology Raises $30.4 Million to Grow Litigation Services Platform
Proof Technology Raises $30.4 Million to Grow Litigation Services Platform
January 26, 2024  |  Investments

Proof Technology has secured $30.4 million in Series B funding to advance its online litigation services marketplace. This investment will enable the legal technology company to...

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AI Startup Sierra Aims to Raise $85 Million to Tackle Business ‘Problems’
AI Startup Sierra Aims to Raise $85 Million to Tackle Business ‘Problems’
January 26, 2024  |  Artificial Intelligence

Sierra, an enterprise-focused AI startup co-founded by OpenAI Chairman Bret Taylor and former Google executive Clay Bavor, is reportedly on the verge of achieving unicorn status with a new investment. Sequoia...

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Elon Musk’s xAI Aims to Raise $6 Billion
Elon Musk’s xAI Aims to Raise $6 Billion
January 26, 2024  |  artificial intelligence

Elon Musk’s AI startup, xAI, is reportedly in talks with investors worldwide, aiming to raise $6 billion in funding to compete with Microsoft-backed artificial intelligence...

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Mondu Raises $33 Million to Expand B2B BNPL in Europe
Mondu Raises $33 Million to Expand B2B BNPL in Europe
January 25, 2024  |  Investments

B2B payment solutions provider Mondu has raised an additional 30 million euros ($33 million). This new debt financing from Vereinigte Volksbank Raiffeisenbank eG adds to 20 million...

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Bilt Explores Mortgage Payment Rewards Amid $3.1 Billion Valuation
Bilt Explores Mortgage Payment Rewards Amid $3.1 Billion Valuation
January 24, 2024  |  News

Rent payment loyalty platform Bilt Rewards is now a $3.1 billion company. Bilt’s new valuation follows a $200 million equity investment led by General Catalyst, as well as...

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ModernFi Raises $18.7 Million to Expand Deposit Management Tools
ModernFi Raises $18.7 Million to Expand Deposit Management Tools
January 23, 2024  |  Investments

ModernFi has secured $18.7 million in funding to bring its deposit management tools to financial institutions of all sizes.  With the banking sector experiencing higher interest...

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Ex-Nvidia Exec Raises $4.7 Million for Testing Tool That Can Fix AI System Flaws
Ex-Nvidia Exec Raises $4.7 Million for Testing Tool That Can Fix AI System Flaws
January 23, 2024  |  Investments

RagaAI, a startup founded by tech veteran and former Nvidia executive Gaurav Agarwal, secured $4.7 million in seed funding to develop a tool that can...

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