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Microsoft has expanded its ongoing partnership with San Francisco-based artificial intelligence research company OpenAI with a new exclusive license on the AI firm’s groundbreaking GPT-3 language model , an auto-generating text program that’s emerged as the most sophisticated of its kind in the industry. Image by Alex Castro / The Verge.
Payments company Checkout.com is raising once again. But Checkout.com kept growing and growing until it raised one of the biggest Series A rounds ever for a European company — $230 million at a $2 billion valuation. While Checkout.com didn’t actually need to raise to stay alive, Pousaz says VC firms are a form of validation.
Autio, a location-based audio entertainment app co-founded by actor Kevin Costner and formerly known as HearHere, has raised $5.9 Wait, you can’t say that : Kyle reports that LeapXpert raises $22 million to monitor employee chats for compliance. The app is then blasted to 16 investors. Is that you, Bob? So which one is it? :
Chinese-backed and Africa-focused fintech platform OPay is in talks to raise up to $400 million, The Information reported today. The $170 million raised so far came from mainly Chinese investors who have collectively begun to bet big on African startups over the past few years. OPay plays in an extremely competitive fintech market.
None of them were found to be licensed mental health professionals. TikTok can be an incredible tool for raising awareness and reducing stigma, but it also has a downside, warned lead author Vasileia Karasavva.
As startups in Africa continue to grow and raise money at a ridiculous pace, so too will their cap tables expand. Raise, a startup building Africa’s Carta is tackling these challenges and has received backing from 500 Startups to scale its technology. Image Credits: Raise.
The AI in question is trained on “authorized” datasets containing content that Bria licenses from partners, including individual photographers and artists, as well as media companies and stock image repositories, which receive a portion of the startup’s revenue. We’ll have to wait and see.
Today, the unified payments app is announcing that it has raised $32.8 At the time, the Ghanaian fintech was raising $8 million–a large seed in its own right–and had acquired just a little over 200,000 users with transactions reaching $250 million. million in an oversubscribed seed round.
In total, Flutterwave has raised $225 million and is one of the few African startups to have secured more than $200 million in funding. . When the company raised its Series B, we reported that Flutterwave had processed 107 million transactions worth $5.4 African fintech firm Flutterwave raises $35M, partners with Worldpay.
Ramani , a Tanzanian startup focused on consumer-packaged goods (CPG) supply chains, plans to introduce new financial services as it expands its operations in the East African country after raising $32 million in Series A debt-equity funding. Leta, a Kenyan supply chain and logistics SaaS provider, raises $3M to scale in Africa.
Berkeley-based fintech Flourish has raised $1.5 It is also now licensing its engagement technology to banks, retailers and fintechs across the Americas. Flourish has piloted or licensed its solution to U.S.-based -based investors backing Latin American startups. based startups.
Voyager Innovations , the owner of Philippines’ payment and financial services app PayMaya and neobank Maya Bank, announced today it has raised $210 million, bringing its valuation to $1.4 Voyager’s last round of funding was in July 2021 , when it raised $167 million in preparation for launching its neobank.
As their license states , you’re free to use Goldman Sans for just about anything you like so long as you don’t use it to criticize Goldman Sachs. And although Goldman Sans is nominally a free font, Goldman Sachs retains complete control over the license, allowing it terminate usage for any reason it likes.
While the method itself is not new it has been circulating since 2022 its promotion by Microsoft's own AI tool is particularly eyebrow-raising. Since the discovery, the activation method has been independently verified by multiple sources including Windows Central and Laptop Mag. Read Entire Article
Ayoken, an NFT marketplace for creatives, has raised $1.4 MARA raises $23M from Coinbase Ventures and FTX to build Africa’s portal to the crypto economy. A majority of the funding will go into buying exclusive licenses and into building our tech team; that is the developers and engineers by fourfold,” he said.
Jakarta-based Lifepal wants to simplify the process for Indonesians with a marketplace that lets users compare policies from more than 50 providers, get help from licensed agents and file claims. The startup, which says it is the country’s largest direct-to-consumer insurance marketplace, announced today it has raised a $9 million Series A.
A separate report from from Vertice, a SaaS purchasing and spend management platform, found that SaaS pricing is growing 4x faster than market inflation; that customers are spending 53% more on licensing than they were five years ago; and that $1 in every $8 that organizations spend is now dedicated to SaaS. Image Credits: Zylo.
Barnwell tells TechCrunch that although these transaction volumes look impressive, pawaPay would have done more if not for regulatory hurdles and licensing approaches in each market. . We want to be completely covered in all the markets, with full licensing and be a very stable reliable premium product in these markets,” he added.
Case in point, Replit, an IDE startup developing a code-generating AI-powered tool called Ghostwriter, this week raised nearly $100 million ($97.4 It’s unclear whether Ghostwriter, too, was trained on licensed or copyrighted code. Investors continue to pump money into generative AI tech. million) at a $1.16
Magic Leap has raised $500 million in funding and is preparing to release a new AR headset, the Magic Leap 2, next year, the company announced Monday. Magic Leap. The headset will be generally available next year, the company said, and “select customers” are using it as part of an early access program.
Microsoft, Google, and Qualcomm have been raising concerns to regulators about Nvidia’s Arm acquisition , according to reports by CNBC and Bloomberg. The companies have approached regulators in the US, EU, UK, and China, reportedly with concerns that Nvidia could change how Arm licenses out its chipmaking technology.
In our story, the resolution would be raising enough funds to provide every school child with a nutritional breakfast and lunch. And while there are times and places for these reports, storytelling for nonprofits to raise funds is not the time or the place. If you’re raising funds for equipment, supplies, vehicles, etc.,
The fintech which provides credit lines for businesses has raised $17 million, funding that it will be using to bolster its offerings and expand geographically. The seed round was a mix of $7 million equity and $10 million debt.
Juni , a Swedish pre-launch startup that’s building a banking app and platform for e-commerce and online marketing entrepreneurs, has raised just over €2.1 million in seed funding. The Juni dashboard also provides a centralized overview of all your bank accounts, networks and payment services.
Spera , a Palo Alto-based security startup that provides businesses with the tools to proactively protect themselves from identity-driven threats, today said it has raised a $10 million seed funding round led by YL Ventures, with participation from a number of prominent angel investors and serial entrepreneurs.
The new unicorn has been on a rapid-fire fundraising clip since TechCrunch first spoke to the company just over a year ago, when it raised a $4.4 The company stayed busy, raising another $6.7 So, AgentSync raised a $25 million Series A in March of this year, increasing its valuation to $220 million. Why AgentSync raised again.
Virtual veterinarian care platform Dutch has raised $20 million in Series A funding led by Forerunner Ventures and Eclipse Ventures. The San Francisco-based company’s latest round comes seven months after its market launch and brings its total funding raised to $25 million.
Stability AI, the company funding the development of open source music- and image-generating systems like Dance Diffusion and Stable Diffusion , today announced that it raised $101 million in a funding round led by Coatue and Lightspeed Venture Partners with participation from O’Shaughnessy Ventures LLC.
The Japanese fintech startup said today it has raised a $20 million (2 billion JPY) Series A funding round led by Globis Capital Partners with participation from Z Venture Capital, Mitsui Sumitomo Insurance Venture Capital, and DBJ Capital. However, we do not operate under a banking license and leveraging the fund transfer license.
Pakistan’s embedded finance platform Neem has raised $2.5 The seed funding, which the startup aims to use to expand its existing team of 20 people, roll out the BaaS platform and capitalize licenses, was led by Hong Kong-based SparkLabs Fintech. Pakistan’s Neem raises $2.5M
Pretty soon, people won’t have to provide a fingerprint or a driver’s license to prove their identity — if VU has its way. VU is one of several startups applying technology to fraud and identity within a global digital identity market expected to reach over $33 billion by 2025, according to Adroit Market Research. billion valuation.
Less than five months after raising $115 million, spend management startup Ramp announced today it has raised $300 million in a Series C round of funding that values the company at $3.9 The transaction volume on its corporate cards has tripled since April, when its last raise was announced. That’s more than double the $1.6
Telda , an Egyptian consumer money app founded by ex-Swvl executive Ahmed Sabbah last April, has raised $20 million in seed funding. “We are humbled to be the first company to receive the license in Egypt. .” The fintech, in a statement, said it wants to “revolutionize finance for the MENAP region.”
NetBox Labs , a new open source startup spun out of VC-backed network automation company NS1 back in January , today announced it has raised $20 million in a Series A round of funding from a slew of high-profile investors. NetBox dashboard Image Credits : NetBox While NetBox is available for free to anyone under an open source Apache 2.0
” Sangha, a law lecturer at the University of Pennslyvania and a licensed attorney in the State of New York, founded LexCheck in 2015. Terzo recently raised $16 million for its tech that automatically extracts key data from contracts. To date, the startup has raised $22 million.
The new cash brings the company’s total raised to $33 million, which CEO Marc Boscher says is being put toward product development and expanding Unito’s headcount from 65 people to 70 by the end of the year. Beamy recently raised $9 million to further develop its platform to detect and orchestrate SaaS apps.
The model was trained exclusively on video content either owned or fairly licensed by Moonvalley, avoiding the copyright gray zones that make much generative content legally fraught. The startup raised a $70 million seed round last year, backed by Bessemer Venture Partners, Khosla Ventures, and General Catalyst.
Kukua , a Nairobi- and London-based educational entertainment company and the creators of “ Super Sema ,” the first African animated superhero franchise, has raised $6 million in its latest round of investment. Though white and raised in Italy, Bisignani travelled widely in Africa when she was young. The company raised $2.5
The startup just raised $8.1 It also charges licensing fees from D2C brand merchants when they buy user-generated content (UGC) from their consumers. Image Credits: indent Indent raises $8.1M Investors like Indent’s conversion rates, seemingly. million (10.5 The company employs 27 people in South Korea.
Many platforms power these KYC processes, and one of them, Identitypass , is today announcing that it has raised $2.8 The round also comes a few months after the startup raised $360,000 in pre-seed investment last November, bringing its total funding to $3.1 million in seed funding, months after graduating from Y Combinator.
Something else that stands out about this raise is that Pacaso, which just launched in October 2020, has achieved unicorn status faster than any other company, according to an internal company analysis of Crunchbase data. 9 top real estate and proptech investors: Cities and offices still have a future.
The two-year-old startup, led by high-profile entrepreneur Kunal Shah, said on Monday it has raised $81 million in a new financing round and bought shares worth $1.2 Bangalore-based CRED is kickstarting the new year on a high note. million (about 90 million Indian rupees) from employees.
” Lewis also stressed that when the protocol does launch, its core components, which include the blockchain registry, license management, and remuneration features, will be entirely optional for all involved. “We feel that we can excel in licensing and license management,” Lewis added.
As the enthusiasm around AI image and text generators grows, Jasper , a startup developing what it describes as an “AI content” platform, has raised $125 million at a $1.7 Under the terms of Jasper Art’s license, customers also don’t have the exclusive right to use generated images. billion valuation.
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