Finix is making waves in the payment processing arena, announcing a robust $75 million fundraising round aimed at taking on industry giant Stripe. After years of establishing itself by helping businesses set up their internal payment systems, Finix officially became a payment processor in 2023, positioning itself for a significant competitive push.
In an exclusive interview with TechCrunch, CEO…
Mira Murati’s Next Chapter
Mira Murati, the former Chief Technology Officer of OpenAI, is stepping into the entrepreneurial arena. After announcing her departure last month, she is now on the hunt for venture capital funding for a brand-new AI startup, as reported by Reuters. This venture aims to develop innovative AI products built on proprietary models, with plans to raise over $100 million in…
Lightmatter, an innovative startup harnessing the power of light for advanced computing, has successfully raised $400 million in a Series D funding round. This investment, led by T. Rowe Price, catapults the company’s valuation to an impressive $4.4 billion.
A Quantum Leap in Valuation
This new funding round marks a significant leap from Lightmatter’s previous valuation of $1.2 billion just…
In an exciting development for the world of robotics, Perceptyne, an innovative deep-tech startup focused on AI-driven automation, has successfully secured $3 million in seed funding. The round was co-led by Endiya Partners and Yali Capital, with additional support from Whiteboard Capital and several angel investors.
This funding will accelerate Perceptyne’s mission to create semi-humanoid…
Poolside, the innovative AI-powered coding platform, has just raised a staggering $500 million in a Series B funding round, bringing its total capital to an impressive $626 million and elevating its valuation to $3 billion. Led by Bain Capital Ventures, this funding round also saw contributions from tech giants like eBay through eBay Ventures and Nvidia, marking a significant milestone for the…
Poolside, the innovative AI-driven software development platform, has just scored a remarkable $500 million in its latest funding round, bringing its total capital raised to a staggering $626 million and its valuation to an impressive $3 billion! This Series B round was led by Bain Capital Ventures, with big names like eBay and Nvidia joining in, showcasing the excitement around AI in the coding…
Formality, a promising platform dedicated to intelligent contract management for clients and suppliers, has successfully raised €8 million in its latest funding round. This initial round attracted significant investments from leading venture capital firms Partech and Serena, alongside €2.4 million from BPI, the Bank of Public Investment.
Founded by a team of seasoned entrepreneurs—including…
Whatfix, a leading digital adoption platform, has successfully raised $900 million in its Series E funding round, spearheaded by private equity giant Warburg Pincus, with additional support from existing investor SoftBank Vision Fund 2. This new capital is set to fuel the company’s expansion into markets across the US, EMEA (Europe, the Middle East, and Africa), and APAC (Asia-Pacific)…
In a significant development for the artificial intelligence landscape, Mukesh Bansal, the founder of Myntra and Cultfit, has launched a new venture, Nurix AI, which has successfully raised $27.5 million in one of the largest seed funding rounds to date. The round was co-led by Accel and General Catalyst, two prominent venture capital firms, and aims to fuel the development of custom AI solutions…
Digital banking startup Freo, backed by Peak XV, is set to relocate its domicile from Singapore to India, marking a significant shift in the startup landscape. This move aligns with a growing trend of startups returning to their home market, driven by the expanding opportunities within India’s financial sector.
Freo, which operates under Singapore-headquartered MyCash Fintech, is in the early…
