Funding news and trends

Easol Secures $30 Million to Scale AI Tools for Experience Businesses

October 30, 2026
Easol
Cohere Raises $5 Billion for Alternative AI Vision
Artificial Intelligence // October 29, 2026

Canadian artificial intelligence company Cohere said in a Thursday (Oct. 29) company blog post that it rejects what it called “frontier fatalism.” That’s its term for the belief that AI will be monopolized by a handful of United States and Chinese tech giants. To offer...

Wabi Raises $55 Million for AI Assistant to Coordinate Groups
Investments // October 29, 2026

Artificial intelligence (AI) assistant startup Wabi has reportedly raised $55 million in new funding. The new financing values the company at $1.25 billion and will help it work on its software that lets groups of people interact with AI to coordinate activities and make decisions,...

Kalshi Becomes $40 Billion Company With New Funding Round
Investments // October 29, 2026

Kalshi says it is now a $40 billion company following a $1 billion funding round. “This funding accelerates our long-term vision: building the next-generation financial exchange,” the prediction market said in announcing its Series G Thursday (Oct. 29). “An exchange that gives individuals, businesses, and institutions more direct...

Foundry Raises $100 Million to Boost Manufacturing Footprint
Investments // October 28, 2026

Autonomous factory company Foundry Robotics is planning an expansion of its manufacturing footprint after raising $100 million. The company said its Series A round, announced Wednesday (Oct. 28), will allow it to build out its facility in Emeryville, California, and to accelerate deployment of artificial...

Interviews & Exclusives
Kaon Uses AI to Build a Different Video Story for Every Viewer

July 30, 2026
Most consumer apps run on the same logic. An algorithm scans what already exists and serves the user the closest match. Kaon AI CEO and Co-Founder Jay Dang said the model has a ceiling built into it. In a conversation with PYMNTS, Dang said Kaon skips algorithmic recommendation altogether. Rather than surface the best existing […]

Neon Raised $13 Million to Help Game Publishers Take Back the Player

July 22, 2026
Watch more: The Digital Shift | Neon | Chris Faught For game publishers, breaking free of Apple’s and Google’s app-store commissions was supposed to be the hard part. It turned...

Paymentology CEO Says Payments Has a New Legacy Problem

May 18, 2026
Watch more: The Digital Shift With Paymentology’s Jeff Parker Here’s a thought no one in payments likes to say out loud. A lot of the infrastructure that was supposed to...

How Regional Banks Can Win the Emerging Middle Market Moment

April 29, 2026
Watch more: Live Roundtable With Seth Perlman of i2c and Julie Schmitz of Scale Solutions U.S. companies in the $1 million to $50 million revenue band are in motion. Fifty-three...

Quick Reads
Easol Secures $30 Million to Scale AI Tools for Experience Businesses

October 30, 2026
Easol raised $30 million in a Series A extension funding round to continue scaling its experience commerce platform designed for festivals, wellness retreats, sports, adventure and location-based entertainment venues, the company said in a Wednesday (Oct. 28) press release. Easol’s extension funding round includes $20 million equity and a $10 million debt facility, and it […]

Cohere Raises $5 Billion for Alternative AI Vision

October 29, 2026
Canadian artificial intelligence company Cohere said in a Thursday (Oct. 29) company blog post that it rejects what it called “frontier fatalism.” That’s its term for the belief that AI...

Wabi Raises $55 Million for AI Assistant to Coordinate Groups

October 29, 2026
Artificial intelligence (AI) assistant startup Wabi has reportedly raised $55 million in new funding. The new financing values the company at $1.25 billion and will help it work on its...

Kalshi Becomes $40 Billion Company With New Funding Round

October 29, 2026
Kalshi says it is now a $40 billion company following a $1 billion funding round. “This funding accelerates our long-term vision: building the next-generation financial exchange,” the prediction market said in announcing its...