Thomas Fuller | SOPA Images | Lightrocket | Getty Images Video generation startup Luma AI said it raised $900 million in a new funding round led by Humain, an artificial intelligence company owned by Saudi Arabia’s Public Investment Fund. The financing, which included participation from Advanced Micro Devices’ venture arm and existing investors Andreessen Horowitz,…
Press Office: MNGRS.AI MNGRS.AI: When Artificial Intelligence Becomes the Artist’s Manager The French startup Global Music Community is developing MNGRS.AI, the first AI-powered artist management service designed to guide creators at every stage of their careers and help them structure their artistic development. MNGRS.AI today announces a $1 million fundraising round from investors across…
As the world marks World Prematurity Day, global health agencies are calling attention to the increasing challenges faced by babies born too soon and the families who care for them. The 2025 theme, “Give preterm babies a strong start for a hopeful future,” aligns with the World Health Organisation’s, WHO, Healthy beginnings, hopeful futures campaign,…
Dubai-based fintech group Optasia officially listed on the Johannesburg Stock Exchange (JSE) on Tuesday, November 4, after a R6.5 billion ($345 million) initial public offering priced at R19 per share, the top of its range. The offering was several times oversubscribed, resulting in Optasia having a market capitalization of R23.5 billion ($1.4 billion). The stock…
Ventures Platform, one of Africa’s most active early-stage venture capital firms, has raised $64 million so far for its second fund, with a final close target of $75 million, according to founding partner Kola Aina. The raise includes participation from the Nigerian government through its Investment in Digital and Creative Enterprises (iDICE) program — marking…
Bending Spoons, one of Europe’s leading technology companies, today announced it has raised $710 million in equity at a pre-money valuation of $11 billion. The round was led by accounts advised by T. Rowe Price Investment Management, Inc., with participation from Baillie Gifford, Cox Enterprises, Durable Capital Partners, Fidelity Management & Research Company, Foxhaven Asset…
Legora, the collaborative AI platform for lawyers, today announced the completion of a Series C round of $150 million at a $1.8 billion valuation, led by Bessemer Venture Partners, with significant investment from existing investors ICONIQ, General Catalyst, Redpoint Ventures, Benchmark, and Y Combinator, to accelerate its global expansion and growing product roadmap. The funding…
IE 11 is not supported. For an optimal experience visit our site on another browser. Government shutdown contributes to travel headaches 00:59 Now Playing Trump raises Canada tariffs amid high-stakes Asia trip 02:09 UP NEXT Theater teacher donates kidney to assistant principal 03:19 Pulitzer-winning novel sparks real-life recovery effort in Appalachia 02:17 Trump threatens military…
TLDR Kredete, a fintech focused on helping African immigrants build credit and access financial services, has raised $22 million in a Series A round The raise was led by AfricInvest through its Cathay AfricInvest Innovation Fund and Financial Inclusion Vehicle, with participation from Partech and Polymorphic Capital The company will use the capital to expand…
From left: Stephen Britto, CFO and Kosta Scholiadis, founder and CEO of Street Wallet. Cape Town-based fintech start-up Street Wallet has raised R6.2 million ($350 000), at a valuation of over R34 million ($2 million), to accelerate its mission of bringing SA’s street vendors and SMEs into the digital economy. This is according to Kosta…
