#funding-round

#funding-round

A new €15 million fund has launched to help quantum technology research in the Netherlands transform into venture capital-investable startups.Backed by Quantum Delta NL (QDNL), a foundation that seeks to boost and scale the Dutch quantum ecosystem, the so-called QDNL Participations fund has a twofold focus: early-stage startups in the sector and research teams working on promising quantum technologies before they incorporate as startups.

Cohere, a Toronto artificial intelligence start-up, has raised $250 million in new funding, two people with knowledge of the situation said, in yet another sign of feverish interest in a new kind of A.I. technology.The deal values Cohere at about $2 billion, the people said.Investors include the internet software giant Salesforce, the chip maker Nvidia, the Toronto venture capital firm Inovia Capital and the Silicon Valley firm Index Ventures.

Character.AI, a 16-month-old start-up that builds online chatbots, said it had raised $150 million in a recent funding round that valued the company at $1 billion.Character.AI is among a tiny group of small companies along with the tech industry's giants that are building technology that could one day rival the systems under development at OpenAI, the San Francisco start-up that incited the A.I. boom with the release of an online chatbot called ChatGPT.

Cryptocurrency storage provider Zodia Custody has raised $36 million in funding from Japanese financial services firm SBI Holdings and SC Ventures, the venture arm of Zodia's parent company Standard Chartered.Zodia Custody, which provides digital asset custody services to institutional clients, will use the funding to increase its token coverage and enhance its settlement product, Interchange, which protects clients' assets that are traded on exchanges, it said in an emailed statement.

Ledger has raised most of a €100 million ($109 million) funding round at a €1.3 billion ($1.4 billion) valuation, the company told Bloomberg.Media outlets first reported on a potential new capital raise last August.The collapse of centralized crypto exchange FTX and recent U.S. regulatory actions against competitor Binance have made many digital asset owners wary of leaving their tokens in the hands of others.

Blockchain firm Radix Tokens has raised $10 million in fresh funding ahead of the introduction of its Babylon mainnet, which will allow smart contract capability on the Radix network for the first time.The funding round was led by market maker and investment firm DWF Labs and gives Radix Tokens a valuation of $400 million, the Jersey-based firm said in email on Thursday.

Leading property data and analytics company has acquired , a digital mortgage technology provider."By integrating Roostify's digital mortgage technology platform with CoreLogic's robust data, analytics and workflow solutions, clients will gain critical information about borrowers and properties at the beginning of the loan process, saving both time and money," CoreLogic said in a statement on Wednesday.

Arcadia, the climate technology company, has received new funding for its energy data platform.Learn how it plans to scale green energy here.Image: VectorMine/Adobe Stock

The energy sector has long been notorious for crimes against climate, but with new tech companies entering the scene and offering green data initiatives, this reality is quickly improving.

One Impression, an Indian influencer marketing platform that does business in markets including Indonesia, Dubai, Europe and the U.S., has raised $10 million in a funding round led by the South Korean gaming company Krafton.The Gurugram-based startup is building an Amazon-like platform to help brands quickly find relevant influencers for their marketing campaigns.

There's no question that cloud-native startups are on the rise.And as these companies continue to grow and scale, they're attracting more and more attention from investors.Despite the gloomy economy in 2022, it has been a fairly active year for VC funding for tech startups.Here are the top 10 big funding rounds in the cloud-native space in 2022.
1. Arctic Wolf raises $401 million
Arctic wolf, a renowned name in the world of cloud security start-ups, has recently raised funds of $401 million.

Oligo Security, an Israeli startup building technology to detect and mitigate open source code vulnerabilities, has raised $28 million in early stage venture capital funding.The $28 million financing, split over seed and Series A rounds, included investments from Lightspeed Venture Partners, Ballistic Ventures and TLV Partners.

Even before the pandemic, interest in skincare was on the rise.Multiple years of holding up the equivalent of a digital mirror through Zoom calls, staring at ourselves incessantly, has led us to pay more attention to our appearance.The result - many are accessing professional skin care services for the first time and for others this has reinforced the importance of their skincare regimens.

Sam Bankman-Fried is racing to raise as much as $8bn to save his crypto empire as more of his former backers write down their investments in the FTX exchange.The 30-year-old conceded on Twitter on Thursday that the FTX trading venue has an insufficient store of readily accessible funds to meet client demands.

Elementus, a New York-based blockchain firm, has raised $10 million as part of its Series A-2 funding round, led by Web3 VC company Parafi Capital.The raise, which values the company at $160 million, aims to allow Elementus to keep improving its processes for providing effective and sound blockchain analytics to Web3 companies and government institutions.

Wholesale marketplace Faire has more than doubled its footprint over the last year, with 600,000 stores and 85,000 brands now represented on its platform.Founded by a group of former Square employees in 2016, Faire brings modern e-commerce tools to traditional wholesale buying, helping independent stores and indie brands compete with Amazon.

Crypto firm Matrixport Technologies is reportedly seeking $100 million in funding, according to people familiar with the matter.Sources detailed that the company already secured commitments from investors for roughly $50 million, which would give Matrixport a post-valuation of $1.5 billion.Matrixport Looks to Raise $100 Million From Strategic Investors The digital asset firm and crypto lender Matrixport is targeting $100 million from strategic investors, according to a story first reported by Bloomberg.

Moneyfellows, an Egyptian fintech startup specializing in digitizing money circles, recently announced the close of its Series B funding round that raised $31 million.The funds will be used to finance Moneyfellows' expansion into other markets as well as accelerate the fintech's growth.Diversifying Moneyfellows' Portfolio Egyptian fintech startup Moneyfellows recently revealed it had raised $31 million from its Series B funding round which was led by Commerz Ventures, Middle East Venture Partners (MEVP), and Arzan Venture Capital.

Side's CEO Guy Gal and newly appointed president Stephen Capezza (Getty, Side) Side, the six-year-old startup that provides white-label services for brokerage teams, has tapped a Zillow veteran to drive national growth as its first president, the company told The Real Deal.Stephen Capezza is joining the firm after nearly eight years at Zillow, where he held a variety of senior sales positions, including overseeing sales for the company's cash cow agent-advertising program, Premier Agent, which was used by 150,000 agents and generates $1.2 billion revenue annually.

PepTalk said the funding will be used to grow its team by 12 and double its revenue next year.Workplace wellness software start-up PepTalk has raised €3m to grow its team and expand to the US.The funding round was led by Venture Wave Capital, which invested through its €100m Impact Ireland Fund, Business Post reports.

Plant-based meal replacement business Huel has secured 24 million US dollars (20 million) to fuel its growth plans from investors including film star Idris Elba.The actor and his wife Sabrina Dhowre Elba have injected cash into the business alongside Jonathan Ross and Tala activewear boss Grace Beverley.