Tag Archives: Investors News

Some of China’s state-backed telecommunications companies are keen on investing in Alibaba Cloud, said sources familiar with the matter. Alibaba Group Holding Ltd.’s cloud computing division, Alibaba Cloud, is considering a private round of fundraising from Chinese state-owned enterprises before making a debut in Hong Kong. Sources familiar with the matter stated that Alibaba Cloud is working with advisers to raise about 10 billion yuan to 20 billion yuan ($1.4 billion to $2.8 billion)....

Ivy will use these funds to expand its footprint in different regions and partner with major payment service providers thereby helping them power their own open-banking offerings.  On Thursday, August 31, Berlin-based startup Ivy announced that it secured a staggering $20 million in funding in order to take the open-banking payments international. Ivy recently built an API to create a “network of networks” for open banking payments globally. Open banking, a concept where traditional banks...

AI21 Labs is planning to use the money raised for developing AI products that will compete with ChatGPT developer OpenAI and AI safety and research company Anthropic. AI21 Labs, a Tel Aviv-based AI lab and product startup, has raised $155 million in a Series C funding round that was led by such companies as Walden Catalyst Management LLC, Pitango VC, SCB10X Co Ltd, b2venture, Samsung Next, as well as Google LLC and NVIDIA Corp (NASDAQ: NVDA). The funding round has brought the company’s...

CoinspeakerRedwood Materials Raises over $1B to Expand Its Footprint in US Redwood Materials said that it's committed to the use of recycled materials, and will also engage in refining and manufacturing activities. Redwood Materials Raises over $1B to Expand Its Footprint in US

CoinspeakerApollo.io Raises $100M in Series D Funding Round Led by Bain Capital Ventures (BCV) at Valuation of $1.6B Apollo.io has grown to a respectable B2B platform with over 3 million global customers hence its revenue up more than nine times in the past two years. Apollo.io Raises $100M in Series D Funding Round Led by Bain Capital Ventures (BCV) at Valuation of $1.6B

CoinspeakerMaple Finance Gears Up for Asian Expansion with $5M Investment  In addition to exploring Asian and Latin American countries, Maple said the funding will help form new strategic partnerships. Maple Finance Gears Up for Asian Expansion with $5M Investment 

CoinspeakerEuropean Stock Markets Show Cautious Gains after Positive Weekly Start Meanwhile, investors are closely eyeing the natural gas market, where prices experienced a significant surge on Monday. European Stock Markets Show Cautious Gains after Positive Weekly Start

CoinspeakerStellar Foundation Invests in MoneyGram in a Push for FinTech Stellar Development Foundation said that the investment in MoneyGram in growing its digital business, researching blockchain technology, and contributing in other ways. Stellar Foundation Invests in MoneyGram in a Push for FinTech

CoinspeakerMastercard to Acquire Minority Stake in MTN’s Fintech Business In the midst of this strategic partnership, MTN has delivered impressive financial results for the first half of the year. Mastercard to Acquire Minority Stake in MTN’s Fintech Business

CoinspeakerGoogle-backed AI Firm Anthropic Secures $100M Investment from SK Telecom As part of their partnership, Anthropic and SK Telecom will work together for building large language models (LLMs) for telcos. Google-backed AI Firm Anthropic Secures $100M Investment from SK Telecom