You are seconds away from signing up for the hottest list in NYC Tech! Sign up today Octane - $24.5M Funding Round Octane, an end-to-end financing platform for powersports equipment purchases, has raised $24.5M in funding according to a recent SEC filing. The filing indicates that there were five investors in this round. Founded by Jason Guss in 2014, Octane has now raised a total of $245.7M in reported equity funding.
Cohere, the Toronto-based startup building large language models for business customers, has long had a lot in common with its hometown hockey team, the Maple Leafs. They are a solid franchise and a big deal in Canada, but they've not made a Stanley Cup Final since 1967. Similarly, Cohere has built a string of solid, if not spectacular, LLMs and has established itself as the AI national champion of Canada.
It's knowing that the city itself wants you to to build something great, is willing to actually put the money where the mouth is, right? And help you do that.
Nominal plugs into a company's existing enterprise resource planning (ERP) system and helps CFOs and controllers automate tasks to reduce manual work and errors.
"It's such a critical part of the internet," Sinha, a partner at Point72 Ventures, said regarding the creator economy's enduring significance. He noted that initial hype might have subsided but remains confident in its importance.