With a $60 Million Credit Raise, Tensec Bets on AI to Redraw the Map of Cross-Border Finance for Global Trading Firms

In a decisive move for the cross‑border payments landscape, Tensec, the San Francisco‑based fintech building AI‑native B2B financial infrastructure, has secured a $60 million credit facility from Upper90 Capital Management, LP (“Upper90”). This infusion is set to propel the startup from processing roughly $500 million in annual trade volume to an ambitious target of $5 billion—a ten‑fold leap aimed…

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Soda Secures €12.9 Million to Propel US Expansion and AI Advancements

Brussels-based Soda has announced a significant milestone with the securing of €12.9 million in fresh funding, aimed at accelerating its expansion into the North American market and advancing its AI-powered data quality solutions. Led by key investors including Singular and Point Nine, this latest investment round underscores Soda’s pivotal role in revolutionizing data quality through…

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Voiceline Transforms Field Sales with €2.4 Million Seed Funding: AI-Driven Automation Reduces Administrative Burden by 80%

Munich-based AI startup Voiceline has successfully concluded its Seed funding round, raising €2.4 million and elevating its total funding to €4.2 million. This new capital infusion marks a significant milestone for the company as it aims to redefine field sales operations through cutting-edge technology. In an era where digital tools are reshaping business landscapes, the…

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UK-based tem. Gains £10.5 Million in Series A Funding for AI-Driven Renewable Energy Platform

tem., an innovative AI-powered platform facilitating direct transactions between UK businesses and renewable energy generators, has successfully raised £10.5 million in Series A funding. This latest round of investment boosts the company’s total funding to £13 million, positioning it for significant expansion and impact in the renewable energy sector. The core of tem.’s platform is…

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PCORI Unveils $165 Million Investment in Groundbreaking Patient-Centered Health Research

In a transformative move for the health research sector, the Patient-Centered Outcomes Research Institute (PCORI) has announced a substantial funding commitment of over $165 million. This latest allocation supports a range of new comparative clinical effectiveness research (CER) projects designed to provide invaluable insights into patient care and treatment options. Among the awarded grants, notable…

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Red Tape, Rewritten: Vulcan Technologies Raises $10.9M to Bring AI to America’s Regulatory Chaos

In the United States, regulation is a trillion-dollar problem hiding in plain sight. Government agencies, legal professionals, and corporations spend vast resources every year navigating an increasingly bloated, fragmented, and outdated system of laws. But what if artificial intelligence could read, interpret, and streamline all of it — from congressional statutes to obscure executive orders?…

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$375 Million Strategic Injected to Fuel Avride’s Autonomous Drive from Delivery Robots to Robotaxis

Headquartered in Austin, Texas, Avride has secured a transformative strategic commitment of up to $375 million from lead backers Uber Technologies, Inc. and Nebius Group N.V. to accelerate its shift from sidewalk-delivery robots toward fully autonomous ride-hailing services. The agreement builds on an existing multi-year commercial partnership and sets a bold target: launch of Avride’s…

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JPalmer Collective Secures $72 Million to Fuel Inclusive Financing and Accelerate Growth

In a pivotal move for inclusive financing, JPalmer Collective (JPC), an asset-based lending firm committed to supporting high-growth, women-led, and natural products companies, has successfully raised $72 million in gross proceeds. This substantial capital infusion is set to enhance JPC’s growth trajectory and facilitate new loans for its carefully selected clientele. The capital raise comprised…

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Giorgio Tinacci, Casavo’s CEO and founder

Italian Proptech Innovator Casavo Secures €20M to Propel Growth and Pursue Profitability by 2025

Casavo, the Milan-based proptech scale-up revolutionizing real estate transactions, has successfully raised €20 million in its latest funding round. This significant investment, finalized in March 2024, was spearheaded by UniCredit, with contributions from prominent investors including Exor NV, Project A Ventures, Neva SGR, and 360 Capital. The new funding, an extension of Casavo’s 2022 Series…

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Ali Ghodsi, co-founder and CEO of Databricks

Databricks Soars Past $4.8 Billion Run-Rate, Secures Over $4 Billion Series L at $134 Billion Valuation

Databricks, the unified Data and AI company, has announced a landmark funding achievement, raising a Series L investment of over $4 billion. This colossal round values the company at an eye-watering $134 billion and solidifies its position as a dominant force at the intersection of enterprise data and generative AI. The funding arrives amid a…

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