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Reputable HR solutions provider CloudPay has successfully closed a substantial $120 million funding round led by private equity firm Blue Owl Capital. Formed over 25 years ago through the merger of two payroll companies, CloudPay has…
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Digital transformation efforts can be risky, as outdated technologies struggle to keep pace with today's fast changing digital landscape. A new startup called Mechanical Orchard aims to reduce these risks by using artificial intelligence to…
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One of the biggest funding rounds of the year was secured this week by Anduril Industries, an innovative defense technology company looking to disrupt the status quo. The Palmer Luckey-founded startup raked in $1.5 billion in its latest…
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An innovative electric motor company has raised a significant round of funding as it aims to transform aerospace and marine transportation. H3X announced it has secured $20 million to further develop and commercialize its new line of…
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As any data-driven organization knows, making effective use of data can be a challenge. Even teams with analytics capabilities often struggle to fully leverage their information. According to a recent survey, under half of data leaders say…
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Placer.ai, a company developing artificial intelligence tools to analyze location data, has quietly raised $75 million in a new funding round. This investment comes at an increased valuation of nearly $1.5 billion for the startup,…
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In a bid to boost its growth plans and optimize operations, popular Indian social media platform ShareChat has raised an additional $16 million in debt funding and reorganized aspects of its workforce. According to sources familiar with…
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Agritech platform Agrizy has raised $9.8 million in its Series A funding round led by nonprofit Accion and impact venture capital firm Omnivore. Existing backer Ankur Capital also took part in the round, which will allow the Bengaluru-based…
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In a surprising move, cloud security company Wiz turned down a $23 billion acquisition offer from tech giant Google - one that would have been the largest tech deal in history. According to sources close to the situation, the decision to…
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Self-driving vehicle developer Aurora Innovation has raised $483 million in a share offering, exceeding its original goal of $420 million as it accelerates preparations for commercial rollouts later this year. The substantial capital…
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