Category : Investments

QuantexAI Secures $1M Pre-Seed Funding
Artificial Intelligence Fintech Investments News

QuantexAI Secures $1M Pre-Seed Funding

Business Wire
This funding marks a significant step forward in the company’s mission to democratize data science for enterprise users, especially those with minimal technical background. QuantexAI, an innovative startup in the field of Generative AI and Data Science, announced that it has successfully secured $1 million during its pre-seed funding round.......
Grant Thornton to accelerate business strategy with investment from New Mountain Capital
Fintech Investments News

Grant Thornton to accelerate business strategy with investment from New Mountain Capital

Fintech News Desk
Following the closing of the transaction, which is expected in the second calendar quarter of 2024, Grant Thornton will operate in an alternative practice structure: Grant Thornton LLP, a licensed CPA firm, will provide attest services — and Grant Thornton Advisors LLC will provide business advisory and non-attest services. Grant......
M4E Lithium Secures $7.5M to $10M Funding to Accelerate Brazilian Lithium Exploration
Fintech Investments News

M4E Lithium Secures $7.5M to $10M Funding to Accelerate Brazilian Lithium Exploration

Business Wire
M4E Lithium secured a $7.5M to $10M funding from industry leading Lithium Royalty Corp. (“LRC”) and the Electrification and Decarbonization fund managed by Waratah Capital Advisors (founder of LRC) The financing package includes an equity investment, a royalty purchase and an option for a strategic offtake agreement (with a buyback......
New IDC Spending Guide Forecasts Edge Computing Investments Will Reach $232 Billion in 2024
Finance Fintech Investments News

New IDC Spending Guide Forecasts Edge Computing Investments Will Reach $232 Billion in 2024

Business Wire
Worldwide spending on edge computing is expected to be $232 billion in 2024, an increase of 15.4% over 2023. Worldwide spending on edge computing is expected to be $232 billion in 2024, an increase of 15.4% over 2023. According to a new forecast from the International Data Corporation (IDC) Worldwide Edge......
Zephyr AI Raises $111 Million in Series A Financing
Fintech Investments News

Zephyr AI Raises $111 Million in Series A Financing

Business Wire
The new funds will enable Zephyr AI to further enhance its analytical speed and fortify its extensive collection of training and validation data sets. Zephyr AI, Inc., a healthcare technology company committed to developing fast and explainable Artificial Intelligence (AI) solutions to democratize precision medicine, today announced it has successfully......
Big Sur AI raises $6.9M and launches an AI Sales Agent for E-commerce Merchants
Artificial Intelligence Fintech Investments News

Big Sur AI raises $6.9M and launches an AI Sales Agent for E-commerce Merchants

Business Wire
Consumers engaging with company’s AI-powered merchant solutions are converting four times more in initial deployments Today, Big Sur AI, an AI platform for e-commerce, announced a $6.9M seed round to democratize and simplify access to AI for retailers and brands. The round, which was led by Lightspeed Venture Partners and included......
Eclipse Labs Announces $50M Series A Funding co-led by Placeholder and Hack VC
Finance Fintech Investments News

Eclipse Labs Announces $50M Series A Funding co-led by Placeholder and Hack VC

Business Wire
Eclipse Labs To Push Mainnet Adoption via Developer and Retail Initiatives Eclipse Labs, a software firm contributing to the development of the first Ethereum layer-2 using the Solana Virtual Machine (SVM), has raised $50M of Series A funding co-led by Placeholder and Hack VC, bringing the total capital raised to......
Monroe Capital Funds Make Strategic Investment in Second Avenue
Fintech Investments News

Monroe Capital Funds Make Strategic Investment in Second Avenue

Business Wire
The $250 million is structured as a follow-on investment that is expected to be deployed across various opportunities in 2024. This is in addition to Monroe’s previous $250 million investment in April 2021 which has been fully deployed to acquire approximately 500 homes. Monroe Capital LLC (“Monroe”), on behalf of......
Rooted in Renewal: Primient Commits $700M Investment for Sustainable, Plant-Based Future
Fintech Investments News

Rooted in Renewal: Primient Commits $700M Investment for Sustainable, Plant-Based Future

Business Wire
As part of the expansion, the company received an Economic Development for a Growing Economy (EDGE) tax credit which provides the company an incentive for job creation in Decatur. Primient, a leader in plant-based food and industrial ingredient production, has announced capital investment exceeding $700 million across the company’s operational......
Innovative Construction Payments Software Handle.com Secure Investments from Amex Ventures, Suffolk Technologies
Fintech Investments News

Innovative Construction Payments Software Handle.com Secure Investments from Amex Ventures, Suffolk Technologies

Business Wire
With these investments, Handle is poised to accelerate its mission to modernize construction payments, addressing the longstanding challenges of inefficiency, complexity, and delays in the industry. Handle.com, a leading provider of construction payment and credit solutions, is thrilled to announce investments from different investors: Amex Ventures, along with Suffolk Technologies,......
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