Transportation industry payments solution provider AtoB has raised $130 million in equity and debt funding. The Series C round was led by General Catalyst and Bloomberg Beta with participation from Mastercard and trucking and logistics industry players, the company said in a Thursday (Sept. 19) news release. “Trucking is one of the largest...
Mercado Libre has reportedly secured $250 million in financing from JPMorgan to grow the business of its FinTech arm Mercado Pago in Mexico. The company will use the new resources to finance more businesses and individuals in the country, Reuters reported Thursday (Sept. 19), with...
Early-stage venture capital firm Patron says its second fund has raised $100 million. The fund, announced Tuesday (Sept. 17), included investors such as Andreessen Horowitz Co-founder Marc Andreessen and General Partner Chris Dixon. Patron said the investor support highlights confidence in a future where technology is shaped by mass consumer adoption of games....
Loop raised $6.4 million CAD ($4.7 million) to expand its financial management platform for small businesses. The funding comes on top of a $4 million CAD ($2.9 million) round in 2022, according to a Tuesday (Sept. 17) press release. “Modern companies are built to operate...
Venture capital (VC) firm Insight Partners is reportedly preparing to close a $10 billion-plus fund. As the Financial Times (FT) reported Sunday (Sept. 15), the fund is around half the amount the company had initially planned, but a sign that tech investors are returning to...
World Labs, a newly formed company, said Friday (Sept. 13) that it has raised $230 million to build large world models (LWMs) that “perceive, generate and interact with the 3D world.” “We aim to lift AI models from the 2D plane of pixels to full...
Nirvana has raised $24.2 million in a Series A funding round to add more specialties to its platform that provides insurance verification and cost estimates to both healthcare providers and their patients. The platform leverages artificial intelligence to provide this information, saving time and money...
MGX, a United Arab Emirates (UAE) state-backed technology investment company, is reportedly considering participating in a multibillion funding round for OpenAI. The fund has not determined the size of its potential investment, the Wall Street Journal (WSJ) reported Thursday (Sept. 12). OpenAI is seeking $6.5 billion in funding...
Illuma Labs has raised $9 million to speed the development of its voice verification tools. The company, which makes voice authentication technology for banking contact centers, announced its series A funding round in a news release Thursday (Sept. 12), saying it would help banks address...
