Neobank Monzo Raises $430 Million
Digital bank Monzo, which is based in the United Kingdom, on Tuesday, March 5, announced that it had managed to raise new capital for $430 million from investors.
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India Approves $15 Billion of Chip Plant Investments
In India, the local government has decided to allocate $15.2 billion in government funding for the construction of chip manufacturing plants.
Ideogram Raises $80 Million for AI Image Generation
Ideogram, a startup that specializes in developing artificial intelligence technology that generates images, has announced its intention to raise $80 million in investment funds.
Standard Chartered CEO Says About Significance of Environmentally Conscious Investing
Bill Winters, Executive Director of Standard Chartered, believes that environmentally conscious investment will benefit from the term of business interests in the context of the prospects for developing players in this sector.
India Chip Manufacturing Strategy Makes Progress
India has been an observer of the process that can be called the chip race for several years, but gradually this country changed its status, becoming an active participant in the large-scale development of the microcircuits production system.
Two Years on the Brink of Destruction: How Unbreakable Ukrainian Tech Survives and Grows Amid the War
For most Ukrainians, life will always remain divided into their happy “before” and brutal “after” Russia’s unprovoked, savage full-scale invasion that defies every norm of morality and humanitarian laws. Nevertheless, Ukraine as a whole, and notably its tech sector, has been showing incredible resilience and even, surprisingly, progress. As we take a look over the […]
Figure AI Reportedly to Raise $675 Million
The media reports that the startup Figure AI, which carries out activities for the development of humanoid robots, is currently in the process of raising funding for $675 million with a preliminary valuation of about $2 billion.
SumUp Reportedly Aims to Raise $1.1 Billion to Refinance Debt
The media reports that the SumUp payment company, which is based in London, intends to raise €1 billion ($1.1 billion) from private creditors.
AI and Fintech in Healthcare Financing
Healthcare expenses contribute to a large share of many households’ as well as state budgets. Financing healthcare service needs may be often challenging. However, innovative fintech solutions and artificial intelligence (AI) might make this task a bit easier.
Golden Ventures Secures $100 Million to Invest in Canada’s Tech Ecosystem
Golden Ventures, a Canadian-based venture capital firm, has closed over its fifth fund of more than $100 million.
Startup Recogni Nabs $102 Million to Design AI Chip
Recogni Inc., an artificial intelligence startup that specializes in creating technologies to support autonomous vehicles, reported that it managed to raise investment funds for $102 million.
OpenAI Chairman Launches AI Chatbot Startup Sierra
OpenAI Chairman Bret Taylor announced the launch of the Sierra startup, which specializes in the development of chatbots based on artificial intelligence.
IFC Launches AI Tool for Sustainable Investments
MALENA from IFC leverages artificial intelligence (AI) to transform environmental, social, and governance (ESG) analysis for emerging markets and facilitate sustainable investments.
MSA Capital to Raise $1 Billion for Mideast Startups
The Chinese venture capital company MSA Capital, supported by the unit of the Saudi Arabian Public Investment Fund, intends to raise $1 billion in financing to support technology startups in the Middle East.
TSMC to Open Second Japan Chip Factory
Taiwan Semiconductor Manufacturing Co., one of the world’s largest chip makers, is expanding its presence in Japan.
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