Tagged: funding round

AI Coding Startup Cursor Raises $2.3bn, Valued at $29.3bn in Series D

Cursor, an artificial intelligence-powered software development platform, has raised $2.3 billion in a Series D funding round that values the company at $29.3 billion, as investors bet that AI-assisted coding will reshape how software is built. The round drew continued backing from existing investors Thrive… Read More

Payments Fintech Zilch Announces $175M+ Round to Enable Business Growth

Zilch, the consumer payments platform enabling digital commerce, announced it has raised more than $175 million in debt and equity. Led by KKCG, the funding round includes contributions from BNF Capital and other investors. The recent raise also includes the expansion of its securitization led… Read More

French Crypto Hardware Wallet Maker Ledger Is Reportedly Considering an IPO

French crypto hardware wallet maker Ledger is reportedly planning to secure more funding, probably by 2026. This, as the overall demand for crypto-assets security devices has led to the firm experiencing its best financial performance to date (as revealed in a recent update from the… Read More

Upward Secures $8M Round, Partners With Mastercard

Upward, a fintech infrastructure platform provider, this week announced its $8 million Series Seed-plus round. It was co-led by Dundee Venture Capital and Breakwater Ventures Fund, with participation from Techstars, Altari Ventures, Cascade Seed Fund, and Outside Ventures. The company also announced a strategic partnership with Mastercard to provide its embedded financial technology solutions… Read More

Singapore’s Video Rebirth Raises $50m to Chase Studio-Grade AI Video

Video Rebirth, a Singapore-headquartered artificial intelligence video startup, has raised $50 million to develop software aimed at professional content producers, shifting away from consumer-grade generative tools that have dominated the market. The company did not disclose its valuation or identify investors, describing them only as… Read More

Digital Trust Startup Indicio Secures NEC X Investment

NEC X, the Silicon Valley venture studio backed by NEC Corporation’s (NEC; TSE: 6701) advanced technologies and global businesses, today announced a strategic investment in Indicio, a startup focusing on digital trust by enabling people, organizations, connected devices, and AI agents to control cryptographically verifiable… Read More

Ripple Valued at $40 Billion in New Funding Round

Digital asset firm Ripple has received a $500 million investment at a valuation of $40 billion. It has been rumoured that new funding for the company was in the works. Yesterday, Ripple revealed the details of the funding round that was let by affiliates of… Read More

Business AI Firm Uniphore Closes $260M Series F

Uniphore, a business AI company, has closed a $260 million Series F round. NVIDIA, AMD, Snowflake, and Databricks invested in the round and were joined by financial and sovereign investors, including NEA, March Capital, BNF Capital, National Grid Partners, and Prosperity7 Ventures. “Our Series F… Read More

Stablecoin and Payment Firm Cybrid Raises $10M Series A

Cybrid, a platform for compliant stablecoins and fiat payment infrastructure, has raised a $10 million Series A funding round led by the Growth Venture Fund at BDC Capital with participation from Golden Ventures, Luge Capital, and Panache Ventures. The funding will accelerate Cybrid’s mission to drive stablecoins… Read More

ShopMy Raises $70M at $1.5B Valuation

ShopMy, a curated commerce infrastructure company, has raised $70 million in funding at a $1.5 billion valuation. The round was led by Avenir, with participation from Bain Capital Ventures, Bessemer Venture Partners, and Menlo Ventures. The round is also supported by individuals and firms, including… Read More

Paytech Clerq Secures $21M

Clerq, a payments platform for high-ticket transactions, has secured $21 million in capital to power the future of payments. The funding includes a $12 million Series A round led by 645 Ventures, with participation from existing investors FirstMark Capital, Fika Ventures, Commerce Ventures, and Dash Fund. The Series A also included new strategic participation… Read More

General Catalyst Backs Chainguard to Scale Go-to-Market for Secure OSS

Open source startup Chainguard said it raised $280 million in growth financing from General Catalyst’s Customer Value Fund, adding to a rapid funding pace that includes an April Series D and brings its total secured in the past six months to $636 million, or $892… Read More

GenAI Fintech UnifyApps Welcomes $50M Series B

UnifyApps this week announced a $50 million Series B led by WestBridge Capital with participation from ICONIQ and others. The new capital brings UnifyApps’ total funding to $81 million and marks a new phase of scale with Ragy Thomas joining as chairman and co-CEO, alongside… Read More

Pave Bank Raises $39m to Scale Regulated On-Chain Commercial Banking

Pave Bank, a fully licensed commercial bank built for this new financial architecture, said it has raised more than $39 million in a round led by Accel. The fresh funding will help scale what it calls the world’s first programmable commercial bank built to operate… Read More

Moniepoint Marks $200M Series C

African fintech Moniepoint has raised more than $200 million in equity financing in a recently closed Series C funding round. The investment will fuel its ongoing mission to serve businesses and their customers across Africa and the global diaspora. The round was led by Development… Read More

Neo-Insurer MGT Confirms $21.6M Series B

MGT, a vertically AI-native neo-insurer built to modernize commercial P&C insurance for small businesses and their agents, has closed an oversubscribed $21.6 million Series B funding round. The round was led by new investors Mubadala Capital with participation from Clocktower Ventures, Tacora Capital and existing… Read More

Bricklayer AI Raises $5 Million Seed Round

Bricklayer AI has raised $5 million in seed financing, according to a company statement. Bricklayer AI is an agentic cybersecurity platform that aims to enable teams of AI agents that work like security analysts, automating actions from alert triage to incident response and working together… Read More

Stripe backed Tempo Announces $500M Series A at $5B Valuation

Tempo, a blockchain that is focused on stablecoin payment processing, recently announced a $500 million funding round. Incubated by Stripe and Paradigm, Tempo’s  Series A round was reportedly led by Thrive Capital and Greenoaks. This, according to an update this past week from Fortune, which… Read More

Daylight Announces $75M Funding Round to Build Decentralized Energy Network

Daylight has reportedly raised $75M in order to build the decentralized energy network powering the world’s most “important” commodity: electricity. This funding round helps them move faster toward an electric grid that delivers what the old one “no longer can: affordability, reliability, and abundant power.”… Read More

Digital Bank Revolut Approaches End of $3B Funding Round at $75B Valuation

Digital bank Revolut and its backers are said to nearing the completion of a $3 billion fundraising round that reportedly values the UK-based fintech company at $75 billion. Revolut has now started informing investors about the allocation of shares they will be receiving as part… Read More

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