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Tag Archives: Investors News

Alibaba Cloud Eyes $3B Fundraising Ahead of Hong Kong Debut

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)....

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Ivy Secures $20M in Funding while Taking Open-Banking Payments Global

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...

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AI Startup AI21 Labs Raises $155M in Series C Funding Round

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...

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Apollo.io Raises $100M in Series D Funding Round Led by Bain Capital Ventures (BCV) at Valuation of $1.6B

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

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