Tagged: funding round

June 17, 2024 @ 8:20 am By Tony Zerucha  |  

Brightwave, an AI-powered financial research assistant, this week announced $6 million in seed funding. The round was led by Decibel Partners, with backing from Point72 Ventures, Moonfire Ventures, and angel investors from OpenAI, Databricks, Uber, and LinkedIn. Founded by engineers with deep knowledge in AI… Read More

June 12, 2024 @ 11:17 am By JD Alois  |  

Irys, an on-chain data provider, says it has raised $8.9 million in funding in a round led by Lemniscap. Other investors in the round include Framework, Primitive Ventures, Hypersphere, Permanent Ventures, and EV3. Individual investors include Smokey the Bera, Ryan Watkins, and Daniel Cheung. Previously… Read More

June 8, 2024 @ 12:22 pm By Omar Faridi  |  

Animoca Brands Corporation Limited, the company advancing digital property rights for the open metaverse, and its subsidiary Bacasable Global Limited, operator of The Sandbox, a user-generated content (UGC) metaverse platform, announced that The Sandbox has raised US$20 million of convertible promissory notes with a US$1… Read More

June 3, 2024 @ 4:07 pm By Omar Faridi  |  

Relay, the business banking platform that gives cash flow clarity to small businesses (SMBs), announced the close of a US$32.2 million Series B financing round, led by Bain Capital Ventures. This brings Relay’s total funding to US$51.6 million. The new financing accelerates Relay’s product development… Read More

June 1, 2024 @ 2:08 pm By Omar Faridi  |  

Novel announces a $15M oversubscribed Pre-Series A round, co-led by IGNIA Partners and Ulu Ventures, to propel the fintech’s expansion of their Capital Intelligence platform. The investment round also includes participation “from MatterScale, Gaingels, as well as previous investors.” This injection of capital catapults Novel’s… Read More

June 1, 2024 @ 11:14 am By Omar Faridi  |  

SCRYPT, a provider of crypto asset financial services, has announced the successful close of a $5 million strategic funding round led by Braza Bank. Venture capital firms, including Funfair Ventures, Cabrit Capital, and Atlantic Labs, also participated. The firm is also pleased to announce “that… Read More

May 31, 2024 @ 4:36 pm By Omar Faridi  |  

FintechOS, an end-to-end financial product management platform, announced the successful completion of a $60 million Series B+ round. This investment round was led by Molten Ventures, Cipio Partners, and BlackRock, “alongside existing investors EarlyBird VC, OTB VC, and Gapminder VC.” The new funding round comes… Read More

May 28, 2024 @ 8:18 am By Omar Faridi  |  

ESTO Holdings OU, an Estonian payment processor and consumer credit provider, today announced an extension of its partnership with Multitude Bank p.l.c., increasing the debt facility to a total of €20 million. This significant boost will aim to accelerate ESTO’s consistent “growth trajectory to empower… Read More

May 26, 2024 @ 8:47 pm By Michael Wong  |  

Colendi, a digital banking startup based in Turkey, has successfully raised $65 million in a Series B funding round, marking a significant milestone for the country’s fintech sector as it enters 2024 with strong momentum. This funding round has propelled Colendi’s valuation to an impressive… Read More

May 22, 2024 @ 10:54 am By Omar Faridi  |  

Aeropay, a provider of Pay-By-Bank solutions for businesses, today announced $20 million in Series B financing. Los Angeles-based fintech venture capital firm Group 11 led the round “with participation from Chicago Ventures and Continental Investment Partners.” The investment round comes at a time when Aeropay… Read More

May 15, 2024 @ 6:04 pm By JD Alois  |  

According to a corporate statement, Insurtech Cover Genius has raised a $80 million Series E funding round. Spark Capital led the round, which was supported by existing investors Dawn Capital, King River Capital, and G Squared. Cover Genius said that it has experienced 107% year-over-year… Read More

May 2, 2024 @ 8:33 am By Omar Faridi  |  

Securitize, the platform focused on tokenizing real-world assets, announced the successful completion of a $47 million funding round led by BlackRock (Nasdaq: BLK). The strategic investment also includes funding from Hamilton Lane, ParaFi Capital, and Tradeweb Markets. This investment underscores Securitize’s efforts in “digitizing capital… Read More

April 27, 2024 @ 4:47 pm By Omar Faridi  |  

Rippling has reportedly raised $200M in new financing and signed agreements with investors to repurchase up to $590M of equity from current employees, former employees, and early investors. The financing was led by Coatue with participation “from Founders Fund, Greenoaks, and other existing investors.” Dragoneer… Read More

April 26, 2024 @ 5:31 pm By Tony Zerucha  |  

401GO, a retirement plan provider for employers, advisors, and individuals, this week announced the completion of its $12 million Series A funding round. Next Frontier Capital led the round, which also included Rally Ventures, Impression Ventures, and Stout Street Capital. The latest capital infusion will fuel… Read More

April 26, 2024 @ 5:15 pm By Tony Zerucha  |  

Movement Labs, a San Francisco-based blockchain development team, has secured $38 million in a Series A financing round led by Polychain Capital. The funding will support the company’s mission to bring Facebook’s Move Virtual Machine to Ethereum, addressing smart contract vulnerabilities and enhancing transaction throughput…. Read More

April 19, 2024 @ 9:19 am By Omar Faridi  |  

Pliant, a business-to-business (B2B) credit card platform that allows businesses to optimize their payment processes, has recently announced the closing of more than €18 million in Series A extension financing, led by PayPal Ventures. Existing investors SBI Investment, Motive Ventures, and Alstin Capital “also participated… Read More

April 17, 2024 @ 6:11 pm By Omar Faridi  |  

Bridgewise, the AI-based analysis platform for global securities, has announced the completion of a $21 million funding round, bringing its total capital raised to $35 million. The investment round was reportedly “led by SIX Group with participation from Group11, L4 Venture Builder, and other global… Read More

April 16, 2024 @ 8:34 am By Omar Faridi  |  

PineGap.ai is reporting a $2.5 million seed funding round that is said to have been led by Silicon Valley Quad (SVQ) (BV Jagadeesh), Inventus Capital Partners (Manu Rekhi) with participation from DeVC (Aakash Kumar , Divyanshi Chowdhary). Notable Silicon Valley serial entrepreneurs and investors: Mohit… Read More

April 14, 2024 @ 1:17 pm By Omar Faridi  |  

Barclays has reportedly led Funding Xchange’s (FXE) Series B round, which is said to be open to a number of FXE clients. The fundraising is bringing together key investors and will aim to enhance FXE and its ability to drive ecosystem adoption. This reportedly includes… Read More

April 14, 2024 @ 11:07 am By Omar Faridi  |  

Pactio, the digital infrastructure for private markets, has raised $14 million (£11 million) in a Series A round led by EQT Ventures. Private equity industry insiders and tech angels also participated in the oversubscribed round, “including former Stripe Europe CEO Matt Henderson and Volt founder… Read More