Trusted Insighthttp://thetrustedinsight.com/2024-03-28T19:31:06.609714-04:00Trusted Insight, the world's largest platform for institutional investors with 40,000 LP investor professionals in 98 countries and territories around the globe. 30,000 institutional investors engage with Trusted Insight each week. They are actively investing in alternative assets, primarily private equity, hedge funds, real estate and private companies. Our users consist of pension funds, endowments, foundations, sovereign wealth funds, family offices, banks and insurance companies. 83% of Trusted Insight users continue to use the platform 6 months after initially signing up. Investors on the platform, on average manage in excess of $5 billion. We are a platform for qualified purchasers, not high net worth investors.
The Alleywatch Startup Daily Funding Report: 3/28/2024 – Alleywatch
2024-03-28T19:31:06.609714-04:00https://www.thetrustedinsight.com/investment-news/the-alleywatch-startup-daily-funding-report-3282024-alleywatch-20240328767/
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 3/28/2024 featuring funding details for The Brandtech Group, Pelago, and much more.
Pelago Announces $58M Series C Funding
2024-03-28T18:11:06.605992-04:00https://www.thetrustedinsight.com/investment-news/pelago-announces-58m-series-c-funding-20240328764/
NEW YORK, NY, Pelago today announced $58 million in new funding.
Will Tech Vc Funds Become The New Frontier For Private Wealth?
2024-03-28T16:31:06.804817-04:00https://www.thetrustedinsight.com/investment-news/will-tech-vc-funds-become-the-new-frontier-for-private-wealth-20240328758/
Investing in venture capital funds targeting tech start-ups carries high risks and requires a tolerance for decades of illiquidity. But all it takes is one outperforming company to make it worth it.
Exclusive: Kreditbee Tops Up Series D Round With Additional $9.4 Mn From Premji Invest, Others
2024-03-28T12:41:06.540355-04:00https://www.thetrustedinsight.com/investment-news/exclusive-kreditbee-tops-up-series-d-round-with-additional-94-mn-from-premji-invest-others-20240328745/
Bengaluru-based lendingtech startup KreditBee has raised $9.4 Mn from existing investors, including Advent International, Mitsubishi UFJ Financial Group (MUFG) Bank,…
Fibe Seeks Fresh Funds, Tr Capital To Lead With $50M Infusion
2024-03-28T12:31:06.422186-04:00https://www.thetrustedinsight.com/investment-news/fibe-seeks-fresh-funds-tr-capital-to-lead-with-50m-infusion-20240328743/
The funding round, comprising both primary and secondary capital, could potentially value the company at $600-6 why50 million. :
MUMBAI : TPG-backed online lending platform Fibe, formerly EarlySalary, is looking to secure a new funding round, comprising both primary and secondary capital, said three people in the know. TR Capital, a global fund specializing in secondary investments, is expected to lead the round, acquiring full or partial stakes from the company's existing investors, the people added, seeking anonymity. “The round is likely to be a secondary transaction.
Data Privacy Startup Skyflow Raises $30M In Funding Led By Khosla Ventures, Et Telecom
2024-03-28T10:11:05.967994-04:00https://www.thetrustedinsight.com/investment-news/data-privacy-startup-skyflow-raises-30m-in-funding-led-by-khosla-ventures-et-telecom-20240328737/
Skyflow added that it is powered by a proprietary technology called polymorphic encryption, which protects data without sacrificing its usability for critical business operations such as analytics, marketing and customer support.
Why Did More Than 1,000 People Die In The Us After Police Subdued Them With Force That Isn’t Meant To Kill?
2024-03-28T09:31:18.103476-04:00https://www.thetrustedinsight.com/investment-news/why-did-more-than-1000-people-die-in-the-us-after-police-subdued-them-with-force-that-isnt-meant-to-kill-20240328736/
Every day, police in the U.S. rely on common use-of-force tactics that, unlike guns, are meant to stop people without killing them. But when misused, these tactics can still end in death — as happened with George Floyd in 2020. An investigation led by The Associated Press has found that, over a decade, more than 1,000 people died after police subdued them through physical holds, stun guns, body blows and other force not intended to be lethal. Medical officials cited the force in about half the cases. In others, officers didn’t follow best safety practices, creating a recipe for death.
Why Did More Than 1,000 People Die After Police Subdued Them With Force That Isn't Meant To Kill?
2024-03-28T07:31:05.725325-04:00https://www.thetrustedinsight.com/investment-news/why-did-more-than-1000-people-die-after-police-subdued-them-with-force-that-isnt-meant-to-kill-20240328732/
Carl Grant, a Vietnam veteran with dementia, wandered out of a hospital room to charge a cellphone he imagined he had. When he wouldn’t sit still, the police officer escorting Grant body-slammed him, ricocheting the patient’s head off the floor. Taylor Ware, a former Marine and aspiring college student, walked the grassy grounds of an interstate rest stop trying to shake the voices in his head. After Ware ran from an officer, he was attacked by a police dog, jolted by a stun gun, pinned on the ground and injected with a sedative.
Amazon Injects Another $2.75B Into Startup Founded By Siblings Who Worked At Openai
2024-03-27T22:01:06.270661-04:00https://www.thetrustedinsight.com/investment-news/amazon-injects-another-275b-into-startup-founded-by-siblings-who-worked-at-openai-20240327719/
The startup, Anthropic, has become one of OpenAI’s most formidable competitors. :
Amazon.com Inc. says it’s investing an additional $2.75 billion in Anthropic, completing a deal it made last year to back the artificial intelligence startup and expand a partnership between the companies. The infusion brings Amazon’s total investment in Anthropic, a well-regarded builder of AI tools able to generate text and analysis, to $4 billion, following an earlier investment announced in September.
Innovationrx: Base Editing Pioneer Nicole Gaudelli Joins Gv
2024-03-27T20:01:16.740394-04:00https://www.thetrustedinsight.com/investment-news/innovationrx-base-editing-pioneer-nicole-gaudelli-joins-gv-20240327718/
Plus: eGenesis, the startup behind the first pig-human kidney transplant, is targeting hearts and livers next. :
Plus: eGenesis, the startup behind the first pig-human kidney transplant, is targeting hearts and livers next. As a postdoctoral researcher at the Broad Institute of MIT and Harvard, Nicole Gaudelli was the co-inventor of a breakthrough in gene editing: the ability to target a single misspelling in DNA code. This invention, known as base editing, is a further advancement of the Nobel Prize-winning Crispr technology and has the potential to cure thousands of rare diseases caused by point mutations.
Funding The Future: The Investment Potential Of Today’s Climate Tech
2024-03-27T20:01:05.470555-04:00https://www.thetrustedinsight.com/investment-news/funding-the-future-the-investment-potential-of-todays-climate-tech-20240327717/
Within the climate category, the carbon-tech subsegment is highlighted as offering the most attractive opportunities for early-stage investors, including carbon-captur...
Ai Risk Management Startup Validmind Raises $8.1M To Help Banks Comply With Regulations
2024-03-27T19:41:06.012052-04:00https://www.thetrustedinsight.com/investment-news/ai-risk-management-startup-validmind-raises-81m-to-help-banks-comply-with-regulations-20240327716/
ValidMind, a regulatory compliance platform for AI risk management at banks, raises $8.1 million in seed funding to automate model validation and documentation.
The Alleywatch Startup Daily Funding Report: 3/27/2024 – Alleywatch
2024-03-27T18:31:17.720839-04:00https://www.thetrustedinsight.com/investment-news/the-alleywatch-startup-daily-funding-report-3272024-alleywatch-20240327712/
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 3/27/2024 featuring funding details for Nominal, Nourish, and much more.
Uro-1 Snares $8M Series A Funding
2024-03-27T17:41:06.389811-04:00https://www.thetrustedinsight.com/investment-news/uro-1-snares-8m-series-a-funding-20240327710/
RESEARCH TRIANGLE PARK, NC, URO-1 announced completion of its Series A financing round. The $8 million round was led by Acorn Campus of Taiwan.
Paypal Ventures Backs $47M Fundraise For Insurtech Qoala
2024-03-27T17:11:06.294422-04:00https://www.thetrustedinsight.com/investment-news/paypal-ventures-backs-47m-fundraise-for-insurtech-qoala-20240327708/
InsurTech Qoala has raised $47 million in a funding round led by PayPal Ventures and MassMutual Ventures. The Series C round, announced Wednesday (March 27), will let the Malaysia-based Qoala expand its embedded insurance business across Southeast Asia. “The investment will also empower Qoala to intensify its tech-driven initiatives, seamlessly integrate artificial intelligence across all channels, and elevate the experience of customers, […]
The post PayPal Ventures Backs $47 Million Fundraise for InsurTech Qoala appeared first on PYMNTS.com.
Champ Titles Secures $18M Series C Funding
2024-03-27T16:41:09.702011-04:00https://www.thetrustedinsight.com/investment-news/champ-titles-secures-18m-series-c-funding-20240327705/
CLEVELAND, OH, Champ Titles announced it has raised $18 million in Series C financing led by Point72 Ventures.
Observe Announces $115M In Series B Financing
2024-03-27T16:41:06.471014-04:00https://www.thetrustedinsight.com/investment-news/observe-announces-115m-in-series-b-financing-20240327704/
SAN MATEO, CA, Observe announced it has closed a Series B funding round of $115 million led by Sutter Hill Ventures.
The Twenty Minute Vc (20vc): Venture Capital | Startup Funding | The Pitch: 20vc: A16z's Chris Dixon On Who Will Win The Next Generation Of Venture, The Two Ways To Make Great Venture Investments And Find The Best Entrepreneurs & Why Ai Will Strengthen The Position Of The Incumbents Moving Forward
2024-03-27T16:31:07.352920-04:00https://www.thetrustedinsight.com/investment-news/the-twenty-minute-vc-20vc-venture-capital-startup-funding-the-pitch-20vc-a16zs-chris-dixon-on-who-will-win-the-next-generation-of-venture-the-two-ways-to-make-great-venture-investments-and-find-the-best-entrepreneurs-why-ai-will-strengthen-the-position--20240327703/
Chris Dixon is a General Partner at Andreessen Horowitz, one of the leading venture firms of the last decade with investments in Oculus (acquired by Facebook), Coinbase, and many more. Chris also founded and leads a16z crypto, a division of the firm that he has grown from $300 million in 2018 to more than $7 billion of committed capital. Due to his many successes, Chris was named #1 on the Forbes Midas List in 2022.
Vc Partner: "i Cried At Morgan Stanley When My Boss Left For Goldman Sachs"
2024-03-27T15:01:06.670072-04:00https://www.thetrustedinsight.com/investment-news/vc-partner-i-cried-at-morgan-stanley-when-my-boss-left-for-goldman-sachs-20240327699/
Working in a bank isn't for everyone, particularly those with an entrepreneurial inclination. Nicole Quinn, a general partner at venture capital (VC) firm Lightspeed Ventures, spoke recently on a podcast about the moment she checked-out of the industry, and why VC is much more her scene.Quinn joined Morgan Stanley in 2006 because investment banking "was the hot thing to do" pre-financial crisis. She worked there for eight years, and became head of US consumer research sales. However, she decided not to become a 'lifer' at the bank, after she was chastised on the trading floor for crying.
Cardekho In Talks To Raise $100-150 Million | Mint
2024-03-27T14:32:17.444336-04:00https://www.thetrustedinsight.com/investment-news/cardekho-in-talks-to-raise-100-150-million-mint-20240327696/
The company is likely to raise this round at a valuation of $1.3 billion. :
MUMBAI
:
Automobile portal CarDekho is navigating a new round of funding that is likely to raise its valuation marginally, as it steers towards a public listing over the next 18-24 months, according to three people aware of the development. The company is in talks with investors to raise $100-150 million in a largely secondary round where early investors will clock in full or partial exits, the people said.
Amazon Spends $2.7B On Startup Anthropic In Largest Venture Investment
2024-03-27T14:01:16.110749-04:00https://www.thetrustedinsight.com/investment-news/amazon-spends-27b-on-startup-anthropic-in-largest-venture-investment-20240327692/
Amazon is spending billions more to back an artificial intelligence startup as it looks for an edge in this new technology arms race.
Giverny Capital Rochon Global Portfolio 2023 Annual Letter To Partners
2024-03-27T12:31:06.895150-04:00https://www.thetrustedinsight.com/investment-news/giverny-capital-rochon-global-portfolio-2023-annual-letter-to-partners-20240327687/
It has been more than 30 years since I discovered the writings of Warren Buffett, Benjamin Graham, John Templeton, Philip Fisher and Peter Lynch. I then decided to begin managing a family portfolio based on an investment approach synthesized from these great money managers. By the end of 1998, after five years of satisfactory results, I decided to launch an investment management firm offering asset management services aligned with my own investment philosophy. Giverny Capital Inc. came into existence. In 2002, Giverny hired its first employee: Jean-Philippe Bouchard (JP).
Tiktok Bill Would Complicate Bytedance Investments If Passed - The New York Times
2024-03-27T10:01:06.251419-04:00https://www.thetrustedinsight.com/investment-news/tiktok-bill-would-complicate-bytedance-investments-if-passed-the-new-york-times-20240327681/
Major U.S. investment firms such as General Atlantic, Susquehanna and Sequoia Capital own stakes in ByteDance, the parent of TikTok. Their investments are increasingly under fire.
Viam Nabs $45M Series B Funding Round
2024-03-26T22:41:05.909179-04:00https://www.thetrustedinsight.com/investment-news/viam-nabs-45m-series-b-funding-round-20240326663/
NEW YORK, NY, Viam, the software platform for smart machines, today announced that it has closed $45 million in Series B financing.
Startup Funding: Indian Tech Startups Receive $1.6 Bn In Funding In Q1 2024; Retail, Fintech Lead, Et Retail
2024-03-26T07:41:05.995622-04:00https://www.thetrustedinsight.com/investment-news/startup-funding-indian-tech-startups-receive-16-bn-in-funding-in-q1-2024-retail-fintech-lead-et-retail-20240326638/
The Indian tech startup ecosystem received $1.6 billion in total funding in the first quarter this year (till March 15), becoming the fourth-highest nation globally in terms of funding raised during this period, a new report showed on Tuesday.
Zero Prime Ventures: Navigating Ai With Community Insights
2024-03-26T07:16:07.208707-04:00https://www.thetrustedinsight.com/investment-news/zero-prime-ventures-navigating-ai-with-community-insights-20240326635/
With $48 million in funding, Zero Prime Ventures uses its connections within the data and artificial intelligence (AI) communities to identify emerging trends and promising startups in the industry. A significant influx of venture capital funding has fueled the surge in AI innovation. Global financing for AI startups reached nearly $50 billion in 2023, up 9% from […]
The post Zero Prime Aligns AI Investments With Community Insights appeared first on PYMNTS.com.
Proptech Firm Aeria Raises $1.8M From Investors To Expand Business
2024-03-26T07:06:18.467240-04:00https://www.thetrustedinsight.com/investment-news/proptech-firm-aeria-raises-18m-from-investors-to-expand-business-20240326627/
In a statement, Aeria said it has closed USD 1.8 million pre-seed funding round led by Kalaari Capital and Foundamental along with AC Ventures and AL Trust. Many angel investors also participated.
Fundguard Closes $100M Series C Funding Round
2024-03-25T15:11:17.192342-04:00https://www.thetrustedinsight.com/investment-news/fundguard-closes-100m-series-c-funding-round-20240325607/
NEW YORK, FundGuard announced the successful closure of its Series C funding round, amounting to $100 million, led by Key1 Capital.
Edgewood Oncology Secures $20M In Series A
2024-03-25T15:11:13.906374-04:00https://www.thetrustedinsight.com/investment-news/edgewood-oncology-secures-20m-in-series-a-20240325606/
BROOKLINE, MA, Edgewood Oncology, a clinical-stage biotechnology company emerged from stealth with $20 million in Series A financing.
Goalsetter Secures $9.6M In Series A Extension
2024-03-25T15:11:10.628246-04:00https://www.thetrustedinsight.com/investment-news/goalsetter-secures-96m-in-series-a-extension-20240325605/
BROOKLYN, NY, Goalsetter announced the closing of a $9.6 million Series A extension round. This newest round for Goalsetter was led by an affiliate of Edward Jones and MassMutual through its MM Catalyst Fund.
Airvine Raises $6.2M In Series A Extension
2024-03-25T15:11:06.466325-04:00https://www.thetrustedinsight.com/investment-news/airvine-raises-62m-in-series-a-extension-20240325604/
SANTA CLARA, CA, Airvine, announced the close of its Series A funding round. Crosslink Capital of Menlo Park, CA led the round, which totaled $6.2M and closed at the end of February.
Regtech Innovator Gss Secures $47M In Series A2 Funding Round
2024-03-25T11:41:06.000406-04:00https://www.thetrustedinsight.com/investment-news/regtech-innovator-gss-secures-47m-in-series-a2-funding-round-20240325596/
GSS has raised over $47m /£37m in a Series A2 Funding Round
John Fogarty joins the GSS board as the company attracts investment from Commonwealth Bank of Australia alongside previous investors
Previous investors include AlixPartners, The Cynosure Group and MUFG
Global Screening Services (GSS), a leading RegTech pioneer, announces the successful completion of its Series A2 funding round, raising over $47 million (approximately £37 million). Notable contributors include AlixPartners, Cynosure Group, and the latest addition, Commonwealth Bank of Australia (CBA).
The Twenty Minute Vc (20vc): Venture Capital | Startup Funding | The Pitch: 20vc: Lessons From 32 Years Of Fund Investing | Why Exits Will Be Larger & Funds Sizes Bigger | Top Reasons To Turn Down Potential Fund Investments | Fees, Carry, Deployment Pace; What Do Lps Inspect When Fund Investing With David Clark, Cio @ Vencap
2024-03-25T07:31:06.108297-04:00https://www.thetrustedinsight.com/investment-news/the-twenty-minute-vc-20vc-venture-capital-startup-funding-the-pitch-20vc-lessons-from-32-years-of-fund-investing-why-exits-will-be-larger-funds-sizes-bigger-top-reasons-to-turn-down-potential-fund-investments-fees-carry-deployment-pace-what-do-lps-inspe-20240325583/
David Clark is the CIO of Vencap, one of the leading fund of funds in the venture landscape. David has been at Vencap for 32 years and has been an LP his entire career. In Today's Episode with David Clark We Discuss: 1. From Unemployed Student in Love to Leading LP: How did a girlfriend lead to David taking his first steps into the world of fund investing? What does David know now about fund investing that he wishes he had known when he started? 2.
Over $447M In Funding Raised By 22 Indian Startups Last Week, Et Retail
2024-03-25T07:02:06.761527-04:00https://www.thetrustedinsight.com/investment-news/over-447m-in-funding-raised-by-22-indian-startups-last-week-et-retail-20240325578/
The Indian startups continued to raise funds at a normal pace, and last week, 22 startups secured over $447 million in the country.
The Weekly Notable Startup Funding Report: 3/25/24 – Alleywatch
2024-03-24T23:31:06.204005-04:00https://www.thetrustedinsight.com/investment-news/the-weekly-notable-startup-funding-report-32524-alleywatch-20240324576/
The notable startup funding rounds for the week ending 3/23/24 featuring funding details for Loyal, Pandion, and seven other deals representing $417M in new funding that you need to know about.
Nsave Raises $4M In Seed Funding
2024-03-23T13:01:06.263139-04:00https://www.thetrustedinsight.com/investment-news/nsave-raises-4m-in-seed-funding-20240323563/
nsave SA, a fintech company dedicated to offering safe and secure accounts and payments for individuals from distressed economies, today announced the closure of its first round of seed funding. Sequoia Capital and TQ Ventures co-lead the round with participation from Y Combinator, SV Angel, ACE Ventures, and FONGIT (the State of Geneva organization supporting tech startups). nsave, which seeks to democratize access to safe financial services in Switzerland, raised $4 million.
Sam Altman's Retro Biosciences Aims For Longer Lifespans By 10 Years
2024-03-23T08:01:16.650932-04:00https://www.thetrustedinsight.com/investment-news/sam-altmans-retro-biosciences-aims-for-longer-lifespans-by-10-years-20240323559/
Sam Altman started a $180 million side project called Retro Biosciences, hoping to add 10 healthy, enjoyable years onto the back end of our lifespans.
2 Rideshare Startups Raise $250M From Uber And Others
2024-03-22T17:31:06.138331-04:00https://www.thetrustedinsight.com/investment-news/2-rideshare-startups-raise-250m-from-uber-and-others-20240322550/
Four startups raised nearly $280 million this week alone for services that help consumers travel without owning personal vehicles. -Justin Dawes.
Espresso Systems Secures $28M In Series B
2024-03-22T17:11:06.733735-04:00https://www.thetrustedinsight.com/investment-news/espresso-systems-secures-28m-in-series-b-20240322549/
MENLO PARK, CA, Espresso Systems has raised $28 million in Series B funding round. a16z crypto has led the round, joined by Polygon, Taiko, o1Labs, StarkWare, Offchain Labs, and core contributors and strategic investors.
Foundry Raises $80M In Seed And Series A
2024-03-22T16:11:08.898904-04:00https://www.thetrustedinsight.com/investment-news/foundry-raises-80m-in-seed-and-series-a-20240322548/
PALO ALTO, CA, Foundry, a new breed of public cloud for AI/ML workloads, announced $80M in seed and Series A funding.
Copilot Money Raises $6M In Series A Funding
2024-03-22T16:11:05.920228-04:00https://www.thetrustedinsight.com/investment-news/copilot-money-raises-6m-in-series-a-funding-20240322547/
NEW YORK, NY, Copilot Money has raised $6M in Series A funding led by Adjacent.
Foundry Grabs $80M Seed And Series A
2024-03-22T14:11:06.755447-04:00https://www.thetrustedinsight.com/investment-news/foundry-grabs-80m-seed-and-series-a-20240322543/
PALO ALTO, CA, Today, Foundry announced $80 million in seed and Series A funding.
February Readers Noted 22 Ideal-to-buy Dividend Dogs | Seeking Alpha
2024-03-22T13:01:06.484091-04:00https://www.thetrustedinsight.com/investment-news/february-readers-noted-22-ideal-to-buy-dividend-dogs-seeking-alpha-20240322540/
Since May 2017, any dividend-paying stock mentioned in a message, e-mail or comment to the author is fair game for a reader favorite listing in this series of articles. Thus, It is possible that only rogues and discontinued, or dreadful, doubtful, dividend issues may appear. Frequently readers and other contributors have questioned the intent, purpose, validity, and usefulness of my daily stock lists. Most, however, praise the effort to sort promising opportunities out of the thousands of dividend offers. After all, yield counts when searching for dividend winners.
Meet The 32 Startups High On Ipl Frenzy This Year
2024-03-22T10:31:06.305102-04:00https://www.thetrustedinsight.com/investment-news/meet-the-32-startups-high-on-ipl-frenzy-this-year-20240322530/
With the festival of colours, Holi, just around the corner and the Indian Premier League (IPL) starting today, there is…
See Inside Investor Marc Andreessen's $33M House, Now On Sale
2024-03-22T09:31:07.353368-04:00https://www.thetrustedinsight.com/investment-news/see-inside-investor-marc-andreessens-33m-house-now-on-sale-20240322528/
Veteran venture capitalist Marc Andreessen's home is on the market for over $33 million. :
Marc Andreessen, the founder of the storied venture capital firm Andreessen Horowitz, and his wife Laura Arrillaga-Andreessen, are selling their more than 12,000-square-foot home in Atherton, California, for $33,375,000. It's unclear where they're headed next. The Andreessen family declined a request for comment from Business Insider. But over the past several years, they've accumulated more than $250 million in property in Malibu, California, according to The Wall Street Journal.
The Alleywatch Startup Daily Funding Report: 3/21/2024 – Alleywatch
2024-03-21T19:31:06.110421-04:00https://www.thetrustedinsight.com/investment-news/the-alleywatch-startup-daily-funding-report-3212024-alleywatch-20240321510/
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 3/21/2024 featuring funding details for Coast, Kemet Trading, and much more.
Meet The Titans: Major Players Funding The Future Of Ai
2024-03-21T18:31:16.929384-04:00https://www.thetrustedinsight.com/investment-news/meet-the-titans-major-players-funding-the-future-of-ai-20240321509/
Saudi Arabia aims to carve out a leadership role in the burgeoning artificial intelligence (AI) field with a proposed $40 billion investment fund, as The New York Times reported. The country is one of many global giants in the race to shape the future of AI, including Andreessen Horowitz and Nvidia, with investments in generative […]
The post Meet the Titans: Major Players Funding the Future of AI appeared first on PYMNTS.com.
Coast Raises $92M To Improve Fleet Management Payments
2024-03-21T18:31:06.243283-04:00https://www.thetrustedinsight.com/investment-news/coast-raises-92m-to-improve-fleet-management-payments-20240321508/
Fuel and fleet spending management firm Coast has raised $92 million in new capital. The funding round includes $25 million in equity capital from investors such as BoxGroup, Avid Ventures, Accel, Insight Partners, and Better Tomorrow Ventures, as well as newcomer Vesey Ventures, Coast said in a Thursday (March 21) news release. Additionally, $67 million in committed […]
The post Coast Raises $92 Million to Improve Fleet Management Payments appeared first on PYMNTS.com.
Coast Raises $92M Funding Round
2024-03-21T15:41:06.582286-04:00https://www.thetrustedinsight.com/investment-news/coast-raises-92m-funding-round-20240321499/
NEW YORK, NY, Coast, which offers a simple and smart way for companies in the United States to manage fuel and fleet spending, today announced it has raised $92 million in new funding.
Espresso Systems Raises $28M In Fresh Funds, Led By A16z Crypto
2024-03-21T13:41:05.719495-04:00https://www.thetrustedinsight.com/investment-news/espresso-systems-raises-28m-in-fresh-funds-led-by-a16z-crypto-20240321494/
The shared sequencer leading firm said that the round would further invests in their products as well as additional hires.
Web 3 Startup Tensorplex Labs Raises $3M Seed Funding To Decentralize Artificial Intelligence
2024-03-21T10:41:06.879013-04:00https://www.thetrustedinsight.com/investment-news/web-3-startup-tensorplex-labs-raises-3m-seed-funding-to-decentralize-artificial-intelligence-20240321487/
Tensorplex said decentralization is an antidote to the risk of tech giants monopolizing artificial intelligence, making them prone to biases or censorship.
Web3 Base Layer - Mystiko.network Completed An $18M Seed Funding Round
2024-03-21T09:41:06.305686-04:00https://www.thetrustedinsight.com/investment-news/web3-base-layer-mystikonetwork-completed-an-18m-seed-funding-round-20240321485/
Mystiko.Network, the leading Base Layer of Web3, has completed a 18 Million USD seed funding round led by Sequoia Capital India/SEA (now known as Peak XV Partners), with participation from Samsung Next, Hashkey, Mirana, Signum, Coinlist, Naval Ravikant, Sandeep Nailwal, Gokul Rajaram, Tribe Capital, Morningstar Ventures, etc. In less than a year, Mystiko V1 mainnets have supported over 134 Million USD transaction volume, 214K+ transactions on 5 different layer1/layer2 blockchains, with 54K+ unique active onchain users.Previously, Mystiko.Network has also been selected to participate in esteemed programs such as Binance MVB, Chainlink Startup, Polygon Ecosystem and Coinlist Seed.
Accesspay Secures $24M In Funding
2024-03-21T09:11:06.581314-04:00https://www.thetrustedinsight.com/investment-news/accesspay-secures-24m-in-funding-20240321484/
AccessPay, the leading bank integration provider, today announced that it has closed its strategic funding round at $24 million with a combination of equity and debt.
Wearables Firm Ultrahuman Raises $35M In Mix Of Equity And Debt Funding From Existing Investors, Et Telecom
2024-03-21T07:06:08.650602-04:00https://www.thetrustedinsight.com/investment-news/wearables-firm-ultrahuman-raises-35m-in-mix-of-equity-and-debt-funding-from-existing-investors-et-telecom-20240321473/
The round was co-led by existing backers Blume Ventures, Steadview Capital and Nexus Venture Partners, Ultrahuman’s founder and chief executive, Mohit Kumar, told ET in an interaction. Other existing investors like Alpha Wave Global and Zomato founder and chief executive Deepinder Goyal also participated in the round.
Pocket Fm Raises $103 Mn In Series D Round From Lightspeed, Stepstone Group, Et Telecom
2024-03-21T07:01:06.362397-04:00https://www.thetrustedinsight.com/investment-news/pocket-fm-raises-103-mn-in-series-d-round-from-lightspeed-stepstone-group-et-telecom-20240321467/
Pocket FM, a prominent audio entertainment platform, has secured $103 million in Series D funding led by Lightspeed, along with Stepstone Group's participation, bringing its total funding to $196.5 million. This funding will facilitate Pocket FM's expansion into the U.S., Europe, and LATAM markets in 2024, while strengthening its exclusive content library and creator community.
Private Wealth Advisors Need The Right Portfolio Analytics Tools
2024-03-20T18:01:09.659482-04:00https://www.thetrustedinsight.com/investment-news/private-wealth-advisors-need-the-right-portfolio-analytics-tools-20240320459/
Lawrence Calcano, Chairman and CEO of fintech firm iCapital, explains the challenges advisors face in helping clients gain exposure to alternatives products – and why having a purpose-built, comprehensive portfolio construction tool matters. Why are private wealth investors increasingly calling for access to alternative investments? In recent periods of heightened market volatility, the traditional 60/40 portfolio has come under stress. In 2022, investors with this allocation experienced one of the worst years for returns on record as stocks and bonds moved downward in lockstep, prompting many individual investors to search for new sources of return, income, and diversification.
Pocket Fm Raises $103M In Series D Funding
2024-03-20T16:41:06.117103-04:00https://www.thetrustedinsight.com/investment-news/pocket-fm-raises-103m-in-series-d-funding-20240320453/
LOS ANGELES, CA, Pocket FM, a leading audio entertainment platform announced that it has raised $103 million in Series D funding.
Saudi Arabia Creating $40B Ai Fund With A16z: Report
2024-03-20T16:31:05.914908-04:00https://www.thetrustedinsight.com/investment-news/saudi-arabia-creating-40b-ai-fund-with-a16z-report-20240320452/
Saudi Arabia is in talks with VC firm Andreessen Horowitz to create a $40 billion fund to invest in AI, The New York Times reports.
Gpt-5 Preview: What We Know So Far And Release Rumors
2024-03-20T11:31:06.606626-04:00https://www.thetrustedinsight.com/investment-news/gpt-5-preview-what-we-know-so-far-and-release-rumors-20240320441/
Sam Altman says GPT-4 "kinda sucks" but says he's excited by GPT-5. So are we - and here's why you should be, too. The post GPT-5 Preview: Everything We Know So Far About New OpenAI Model appeared first on Tech.co.
Healthtech Startup Ultrahuman Raises $35mn In Series B
2024-03-20T08:01:17.576427-04:00https://www.thetrustedinsight.com/investment-news/healthtech-startup-ultrahuman-raises-35mn-in-series-b-20240320434/
The funding round saw participation from VC firms Blume Ventures, Steadview Capital, Nexus Venture Partners, Alpha Wave Incubation and Zomato founder Deepinder Goyal.
Pocket Fm Rings In Its Largest Fundraise With A $103-million Round | Mint
2024-03-20T08:01:06.757849-04:00https://www.thetrustedinsight.com/investment-news/pocket-fm-rings-in-its-largest-fundraise-with-a-103-million-round-mint-20240320433/
The audio entertainment platform’s valuation has nearly doubled in the latest fundraise led by Lightspeed Ventures. :
BENGALURU : Audio entertainment platform Pocket FM has raised $103 million in its Series D funding—its largest yet—providing more evidence of the funding freeze easing up for startups demonstrating a clear path to growth. The company’s valuation has nearly doubled in the latest fundraise, to about $750 million from $390 million when it previously raised $65 million in its Series C round in March 2022.
Cybersecurity Firm Cato Networks Hires Banks For 2025 Ipo, Sources Say | The Straits Times
2024-03-20T07:06:25.423991-04:00https://www.thetrustedinsight.com/investment-news/cybersecurity-firm-cato-networks-hires-banks-for-2025-ipo-sources-say-the-straits-times-20240320431/
It raised US$238 million in a private funding round in 2023 with participation from investors including SoftBank and Singtel Innov8.
Ai Infrastructure Firm Astera Labs Prices Ipo Above Target To Raise Us$713 Million | The Straits Times
2024-03-20T07:01:48.561752-04:00https://www.thetrustedinsight.com/investment-news/ai-infrastructure-firm-astera-labs-prices-ipo-above-target-to-raise-us713-million-the-straits-times-20240320428/
The listing is one of the largest of the year so far. :
Astera Labs and its investors raised US$713 million (S$957 million) in the semiconductor connectivity company’s initial public offering (IPO), pricing the shares above a marketed range that had already been elevated. Tapping demand for investments related to artificial intelligence, Astera and the current stockholders sold 19.8 million shares on March 19 for US$36 each, according to a statement confirming an earlier report by Bloomberg News.
Microsoft Poaches 'relentless' Former Google Executive In Ai Arms Race
2024-03-19T21:31:19.952828-04:00https://www.thetrustedinsight.com/investment-news/microsoft-poaches-relentless-former-google-executive-in-ai-arms-race-20240319421/
Suleyman is jumping from a small Palo Alto startup to a $3 trillion company. :
Mustafa Suleyman spoke during the Wall Street Journal’s WSJ Tech Live Conference in Laguna Beach, Calif., on Oct. 17, 2023. He represented his startup Inflection AI, but Microsoft announced on March 19, 2024, that he will now work for the tech giant. Microsoft scored a major artificial intelligence hire Tuesday, poaching the chief executive of well-funded Palo Alto startup Inflection AI.
The Alleywatch Startup Daily Funding Report: 3/19/2024 – Alleywatch
2024-03-19T17:01:06.424245-04:00https://www.thetrustedinsight.com/investment-news/the-alleywatch-startup-daily-funding-report-3192024-alleywatch-20240319410/
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 3/19/2024 featuring funding details for Snif, Wonder, and much more.
Marc Andreessen Lists Silicon Valley Home For $33.37M
2024-03-19T16:31:27.401584-04:00https://www.thetrustedinsight.com/investment-news/marc-andreessen-lists-silicon-valley-home-for-3337m-20240319408/
The billionaire tech investor is looking to sell his Atherton home for a pretty penny -- all after amassing a $255 million property portfolio in Malibu.
Microsoft Hires Deepmind Co-founder Mustafa Suleyman To Run Consumer Ai Division | Fortune
2024-03-19T16:31:06.695265-04:00https://www.thetrustedinsight.com/investment-news/microsoft-hires-deepmind-co-founder-mustafa-suleyman-to-run-consumer-ai-division-fortune-20240319404/
The software giant has hired Suleyman and most of the staff from his Inflection AI startup as it battles Google for AI supremacy.
Engrail Raises $157M In Funding For Anxiety Meds Sans The Side Effects
2024-03-19T13:01:06.622574-04:00https://www.thetrustedinsight.com/investment-news/engrail-raises-157m-in-funding-for-anxiety-meds-sans-the-side-effects-20240319393/
The precision neuroscience company is working on treatment of anxiety disorders and depression. :
Mumbai: Medicine for anxiety and depression without any of the known side effects of the currently available therapies—that's the promise upon which Engrail Therapeutics has raised $157 million of venture capital in a funding round that saw significant oversubscription from investors. The precision neuroscience company, co-founded by former Cipla executive Vikram Sudarsan, will now invest the capital to support its product pipeline for neuropsychiatric and neurodevelopmental disorders.
Calls For More Transparency Around Victoria's State-run $2B Venture Capital Fund - Abc News
2024-03-19T08:36:08.690350-04:00https://www.thetrustedinsight.com/investment-news/calls-for-more-transparency-around-victorias-state-run-2b-venture-capital-fund-abc-news-20240319380/
Victoria's $2 billion investment fund is one of Australia's biggest venture capital players, yet three years after it was created the state's debt is at record levels.
James D. Robinson Iii, Transformative Head Of American Express, Dies At 88 - The New York Times
2024-03-19T08:31:47.218384-04:00https://www.thetrustedinsight.com/investment-news/james-d-robinson-iii-transformative-head-of-american-express-dies-at-88-the-new-york-times-20240319379/
He led the company from 1977 to 1993 and helped turn Wall Street into a more competitive financial marketplace. :
He led the company from 1977 to 1993 and helped turn Wall Street into a more competitive financial marketplace. James D. Robinson III, who as chief executive of the American Express Company from 1977 to 1993 helped transform Wall Street into a more competitive financial marketplace, with a wide diversity of businesses housed under single roofs, died on Monday in Roslyn, N.Y., on Long Island. He was 88.
The Evolution Of Ntt: From Telecom Giant To Tech Innovator (otcmkts:nttyy)
2024-03-19T08:01:06.499950-04:00https://www.thetrustedinsight.com/investment-news/the-evolution-of-ntt-from-telecom-giant-to-tech-innovator-otcmktsnttyy-20240319371/
Investors can be forgiven if they hear about Nippon Telegraph And Telephone Corporation (OTCPK:NTTYY) and think it is an obsolete company not worth their time researching. While it's true that it is perhaps time to drop the word "Telegraph" from its name, and perhaps "Telephone" too while they are it, this is a company that is far from obsolete. It owns one of the leading mobile operators in the world, with excellent 5G coverage, and it is one of the most important data center operators globally.
Keyring Gets $6M In Vc Funding To Expand On-chain Compliance For Institutions
2024-03-19T07:41:06.160031-04:00https://www.thetrustedinsight.com/investment-news/keyring-gets-6m-in-vc-funding-to-expand-on-chain-compliance-for-institutions-20240319370/
The company allows institutional investors to comply with regulations when interacting with DeFi, and recently facilitated a proof of concept trial with Nomura's crypto arm Laser Digital by building a compliance wrapper on top of USDC stablecoin.
Calls To Scrap Victoria’s $2B Venture Capital Fund 'breakthrough Victoria' As State Faces Skyrocketing Debt - Abc News
2024-03-19T07:06:09.047802-04:00https://www.thetrustedinsight.com/investment-news/calls-to-scrap-victorias-2b-venture-capital-fund-breakthrough-victoria-as-state-faces-skyrocketing-debt-abc-news-20240319366/
Members of Victoria's Labor government either refuse to speak to 7.30 about their multi-billion-dollar venture capital fund or don't know enough about its investments to answer questions as state debt skyrockets.
Miners Facing Financing Frustration, Where Will The Money Come From?
2024-03-19T07:02:32.112801-04:00https://www.thetrustedinsight.com/investment-news/miners-facing-financing-frustration-where-will-the-money-come-from-20240319362/
Resource sector funding has declined for the last 15 to 20 years, and recently high inflation and interest rates have only made it more difficult for companies in the sector to get the money they need to move forward. The issue has become a major topic, and was discussed at the Vancouver Resource Investment Conference this past January, as well as at this year's Prospectors & Developers Association of Canada (PDAC) convention.
Sprih Funding: Climate Tech Startup Sprih Raises $3M In Funding Round Led By Leo Capital - The Economic Times
2024-03-19T07:02:06.820624-04:00https://www.thetrustedinsight.com/investment-news/sprih-funding-climate-tech-startup-sprih-raises-3m-in-funding-round-led-by-leo-capital-the-economic-times-20240319359/
Choose your reason below and click on the Report button.
1500 Robotics Startups Have Raised $90 Billion, But Investment Just Cratered
2024-03-18T20:01:06.622388-04:00https://www.thetrustedinsight.com/investment-news/1500-robotics-startups-have-raised-90-billion-but-investment-just-cratered-20240318352/
1,500 robotics startups have raised about $90 billion since 2019 and 20 of them are unicorns with valuations in excess of $1 billion.
Carlsmed Secures $52.5M In Series C Financing
2024-03-18T17:11:09.699529-04:00https://www.thetrustedinsight.com/investment-news/carlsmed-secures-525m-in-series-c-financing-20240318349/
CARLSBAD, CA, Carlsmed, an AI-enabled personalized surgery Medtech company, announced a $52.5M Series C funding round co-led by B Capital and U.S. Venture Partners.
Mallard Bay Secures $4.6M In Series A Funding
2024-03-18T17:11:06.534154-04:00https://www.thetrustedinsight.com/investment-news/mallard-bay-secures-46m-in-series-a-funding-20240318348/
HOUSTON, TX, Mallard Bay, the fastest SaaS-enabled marketplace for hunting and fishing adventures, announces the closure of its $4.6 million Series A funding round.
The Weekly Notable Startup Funding Report: 3/18/24 – Alleywatch
2024-03-18T12:31:06.475256-04:00https://www.thetrustedinsight.com/investment-news/the-weekly-notable-startup-funding-report-31824-alleywatch-20240318337/
The notable startup funding rounds for the week ending 3/16/24 featuring funding details for Omni, Proscia, and seventeen other deals representing $757M in new funding that you need to know about.
The Twenty Minute Vc (20vc): Venture Capital | Startup Funding | The Pitch: 20vc: 19 Company Portfolio: 1 Decacorn, 7 Unicorns, 4 Acquisitions; One Of The Best Seed Investors Of All Time On How To Pick Generational Defining Founders, Why Nothing But The Founder Matters & Why The Best Investors Are Never Happy W/ Gili Raanan
2024-03-18T07:31:06.401466-04:00https://www.thetrustedinsight.com/investment-news/the-twenty-minute-vc-20vc-venture-capital-startup-funding-the-pitch-20vc-19-company-portfolio-1-decacorn-7-unicorns-4-acquisitions-one-of-the-best-seed-investors-of-all-time-on-how-to-pick-generational-defining-founders-why-nothing-but-the-founder-matte-20240318321/
Gili Raanan is the Founder of Cyberstarts and one of the most successful seed investors ever. In his 19 company portfolio, Gili has invested in a decacorn (Wiz), seven unicorns and had three others acquired. Prior to Cyberstarts, Gili spent over 15 years as a General Partner @ Sequoia Capital investing in some of the world's best cyber security companies. In Today's Episode with Gili Raanan We Discuss: 1. From Founder to World's Best Seed Investor: How did Gili make the move into the world of venture with Sequoia?
North American Morning Briefing: Investors Balance Ai Hopes With Rate Concerns
2024-03-18T07:06:35.308419-04:00https://www.thetrustedinsight.com/investment-news/north-american-morning-briefing-investors-balance-ai-hopes-with-rate-concerns-20240318320/
(marketscreener.com)
OPENING CALL
Stock futures pointed to a mostly higher open for Wall Street on Monday with a policy decision from the Federal Reserve later in the week potentially determining the direction for equities. This week will feature two key central bank meetings, with the Bank of Japan seen likely to end its negative interest-rate policy on...https://www.marketscreener.com/business-leaders/Nelson-Peltz-81/news/North-American-Morning-Briefing-Investors-Balance-AI-Hopes-with-Rate-Concerns--46219635/?utm_medium=RSS&utm_content=20240318.
Billionaire Investor Stanley Druckenmiller Has 40% Of His Portfolio In 3 Ai Stocks. Are Any Of Them Buys?
2024-03-16T19:51:07.993239-04:00https://www.thetrustedinsight.com/investment-news/billionaire-investor-stanley-druckenmiller-has-40-of-his-portfolio-in-3-ai-stocks-are-any-of-them-buys-20240316296/
Working under George Soros, Druckenmiller helped guide the strategy that "broke the bank of England," making them more than a billion dollars in 1992 by shorting the British pound, leading to its crash. However, that trade wasn't a fluke. After starting Duquesne Capital Management in 1981, Druckenmiller's hedge fund never had a down year, a period that included the Black Monday crash, the dot-com bust, and the great financial crisis. Duquesne Capital Management averaged an annual return of 30% from 1986 to 2010, crushing the broad market. Druckenmiller closed his fund in 2010, but he didn't stop investing.
3 Companies Modernizing Air Travel: Startup Funding Roundup
2024-03-15T17:31:06.703346-04:00https://www.thetrustedinsight.com/investment-news/3-companies-modernizing-air-travel-startup-funding-roundup-20240315282/
Investment in air travel was one theme we saw among seven startups that raised money in the past two weeks. -Justin Dawes.
Thirdverse Completes $11.3M Funding Round For Vr Games
2024-03-15T12:41:06.832832-04:00https://www.thetrustedinsight.com/investment-news/thirdverse-completes-113m-funding-round-for-vr-games-20240315276/
Thirdverse has raised an additional $3.3 million in funding, completing its Series D funding round for a total of $11.3 million. Thirdverse CEO Hironao Kunimitsu had previously announced the Series D funding for its virtual reality games in November. Now the company has raised more money through a third-party allotment of shares underwritten by Nissei […]
The Big Dilemma Facing Bytedance’s Us Investors - The New York Times
2024-03-15T11:01:06.046176-04:00https://www.thetrustedinsight.com/investment-news/the-big-dilemma-facing-bytedances-us-investors-the-new-york-times-20240315268/
Potential bidders are circling TikTok as many in Congress demand its split from its Chinese parent. But obstacles remain, starting with Beijing.
Health Tech Company Hilabs Raises $39M In Series B Financing | Company News
2024-03-15T07:01:44.694308-04:00https://www.thetrustedinsight.com/investment-news/health-tech-company-hilabs-raises-39m-in-series-b-financing-company-news-20240315262/
The capital will support the firm's continued enhancement of the technology as well as recruitment of top-tier talent and expansion of its product teams.
Together Ai Raises $106m, Adaptive Ai $20 Million, Tavus Dev Platform Raises $18M
2024-03-15T07:01:22.931400-04:00https://www.thetrustedinsight.com/investment-news/together-ai-raises-106m-adaptive-ai-20-million-tavus-dev-platform-raises-18m-20240315260/
AI funding news, and more Cinematic AI. :
Together AI Raises $106M in Salesforce-led round. Nvidia-backed Together AI said on Wednesday it has raised $106 million in a new funding round, doubling its valuation since last fall. The company offers a platform to easily develop with and deploy open-source models and productionize them in enterprise-grade applications. Other investors include Coatue Management and existing investors such as Lux Capital and Emergence Capital. China is racing to catch up wth the west in AI, and will stop at nothing it seems, to gain any ... [+] advantage.
Abrdn Global Infrastructure Income Fund: Global Infrastructure Finds Spot In 2024 (asgi)
2024-03-15T07:01:05.799524-04:00https://www.thetrustedinsight.com/investment-news/abrdn-global-infrastructure-income-fund-global-infrastructure-finds-spot-in-2024-asgi-20240315258/
According to several highly respected asset managers across the globe, infrastructure is likely to find its sweet spot in 2024 after a tumultuous year in 2023. News from BlackRock with their pending acquisition of Global Infrastructure Partners for $12 billion announced in January is just one data point confirming that the markets are overdue for a shift in sentiment after the infrastructure sector delivered one of the worst performances of any market sector in 2023.
Fintech With A Niche Programming Language Taps Ex-stripe Dev To Lead Expansion
2024-03-14T16:01:06.770630-04:00https://www.thetrustedinsight.com/investment-news/fintech-with-a-niche-programming-language-taps-ex-stripe-dev-to-lead-expansion-20240314246/
Silicon Valley Bank's collapse this time last year left a gap in the market many are trying to take advantage of. One relative newcomer on the scene is Mercury, a fintech that provides "startup banking" and other financial infrastructure, and it's looking to grow. The San Francisco based fintech has recently hired a new "head of engineering, expansion" with a high pedigree in fintech.David Bai joins Mercury from crypto giant Opensea, where he was a director of engineering for its core product team.
Pi Health Grabs Over $30M Series A Funding
2024-03-14T15:11:09.442468-04:00https://www.thetrustedinsight.com/investment-news/pi-health-grabs-over-30m-series-a-funding-20240314245/
CAMBRIDGE, MA, Pi Health today announced over $30 million in Series A funding.
X-therma Nabs $22.4M Oversubscribed Series B
2024-03-14T15:11:06.315057-04:00https://www.thetrustedinsight.com/investment-news/x-therma-nabs-224m-oversubscribed-series-b-20240314244/
SAN FRANCISCO, CA, X-Therma has completed an oversubscribed $22.4 million Series B funding round.
Is The Ice Melting? Some Startups Defy Funding Slump With Successive Rounds
2024-03-14T09:32:06.586469-04:00https://www.thetrustedinsight.com/investment-news/is-the-ice-melting-some-startups-defy-funding-slump-with-successive-rounds-20240314231/
Multiple growth and late stage companies have raised capital at higher valuations in quick succession over 6-8 months, signalling a shift in investor sentiment favoring startups with clear profitability paths and product market fit.
Aegis Value Fund H1 2023 Portfolio Manager’s Letter
2024-03-14T07:06:15.877337-04:00https://www.thetrustedinsight.com/investment-news/aegis-value-fund-h1-2023-portfolio-managers-letter-amyECDXZMgreRsUJBEsPT8-20240314219/
Editor's note: Seeking Alpha is proud to welcome SA Editor Vijay Krishnan as a new contributor. It's easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors also get free access to SA Premium. Click here to find out more » The Aegis Value Fund returned 5.69 percent during the first half of 2023, underperforming its primary deep-value small cap benchmark, the S&P SmallCap 600 Pure Value Index, which gained 6.66 percent.
One-time ‘spac King’ Chamath Palihapitiya Just Fired 2 Partners From His Vc Firm Over A ‘situation’ At An Ai Startup | Fortune
2024-03-13T18:01:06.385281-04:00https://www.thetrustedinsight.com/investment-news/one-time-spac-king-chamath-palihapitiya-just-fired-2-partners-from-his-vc-firm-over-a-situation-at-an-ai-startup-fortune-20240313208/
Social Capital fired the partners related to an undisclosed matter involving its investment in AI startup Groq, according to a letter reviewed by Bloomberg.
Nozomi Networks Secures $100M Series E Funding
2024-03-13T16:41:13.934989-04:00https://www.thetrustedinsight.com/investment-news/nozomi-networks-secures-100m-series-e-funding-20240313207/
SAN FRANCISCO, CA, Nozomi Networks, a leader in OT and IoT security, announced a $100 million Series E funding round.
Zephyr Ai Raises $111M In Series A Financing
2024-03-13T16:41:10.321832-04:00https://www.thetrustedinsight.com/investment-news/zephyr-ai-raises-111m-in-series-a-financing-20240313206/
MCLEAN, VA, Zephyr AI, Inc. (Zephyr AI), announced it has successfully closed a $111 million Series A funding round with participation from Revolution Growth, Eli Lilly & Company, Jeff Skoll, and EPIQ Capital Group, among others.
Goodshuffle Secures $5M In Series A
2024-03-13T16:41:06.264898-04:00https://www.thetrustedinsight.com/investment-news/goodshuffle-secures-5m-in-series-a-20240313205/
WASHINGTON, DC, Software company Goodshuffle announced its Series A investment of $5M from FINTOP Capital.
Yuno’s $25M Round: A Milestone In Payment Orchestration
2024-03-13T13:31:07.149798-04:00https://www.thetrustedinsight.com/investment-news/yunos-25m-round-a-milestone-in-payment-orchestration-20240313198/
Several companies, such as Yuno, Spreedly, and BR-DGE, are making notable strides in the rapidly growing payment orchestration industry. :
Several companies, such as Yuno, Spreedly, and BR-DGE, are making notable strides in the rapidly growing payment orchestration industry. They provide solutions that cater to the increasing complexity and global nature of digital transactions. The recent $25 million funding round for Yuno, led by founder Juan Pablo Ortega and a consortium of high-profile investors like DST Global Partners, Andreessen Horowitz, Tiger Global, Kaszek Ventures, and Monashees, signifies a pivotal moment in the payment orchestration industry.
Together Ai Valued At $1.25B In Salesforce-led Funding Round - Cna
2024-03-13T13:01:06.503044-04:00https://www.thetrustedinsight.com/investment-news/together-ai-valued-at-125b-in-salesforce-led-funding-round-cna-20240313197/
The Salesforce Tower New York building is pictured in Manhattan in New York City, U.S., April 14, 2023. REUTERS/Mike Segar/File Photo Nvidia-backed Together AI has raised $106 million at a valuation of $1.25 billion in a new funding round led by Salesforce Ventures, the generative artificial intelligence (AI) startup said on Wednesday. Together AI, which was founded in 2022, is an open-source platform that can be used by developers to build or customize their AI models. Other investors in the funding round included hedge fund Coatue Management and existing investors including Lux Capital and Emergence Capital.
Ppro Raises €85M
2024-03-13T08:31:21.664064-04:00https://www.thetrustedinsight.com/investment-news/ppro-raises-85m-20240313188/
E-commerce payments firm PPRO has completed a dual tranche funding round totalling €85 million. :
The funding is provided by new and existing investors, including Eurazeo, HPE Growth, Sprints, PayPal Ventures, JPMorgan, Citi Ventures, and funds managed by BlackRock.In the last financial accounts published by the firm - the 12 months to 31st December 2022 - PPRO reported revenue of £56m and losses of £19.4m.“PPRO had a stellar 2023, delivering record revenue.” says CFO Rahul Raswant.