Upstage, a San Jose, CA-based AI company specializing in enterprise generative AI solutions, has raised $45 million in Series B bridge funding. Investors The round was backed by Korea Development Bank (KDB), Amazon, and AMD. Korea Development Bank is a South Korean state-owned development bank that aims to encourage the …
Keychain, a New York-based AI-powered manufacturing platform for the consumer-packaged goods (CPG) industry, has raised $30 million in Series B funding, bringing its total funding to $68 million. Investors The round was led by Wellington Management, with participation from BoxGroup and other existing investors. Wellington Management is a private, independent …
Functionize, a San Francisco, CA-based AI-powered platform for intelligent software test case creation, has raised $41 million in Series B funding. Investors The round was led by Mumford Investments and LHH Investments, with participation from Canvas Ventures and Wipro Ventures. Functionize Use of Funds The company will use the funds …
IVIX, a New York-based AI-powered platform designed to help governments worldwide combat financial crime, has raised $60 million in Series B funding, bringing its total funding to $85 million. Investors The round was led by O.G. Venture Partners, with participation from Insight Partners, Citi Ventures, Team8, Disruptive AI, Cardumen Capital, …
Inclined Technologies, a Sausalito, CA-based financial technology company, has raised $8 million in Series B funding. Investors The round was led by HSCM Ventures, with participation from Northwestern Mutual Future Ventures and other new and existing investors. HSCM Ventures is a venture capital firm specializing in investments in insurance and …
Bumper, a Sheffield, UK-based automotive payments and SaaS platform, has secured an additional £8 million in Series B extension, bringing the total raised in the round to £20 million. Investors The round was backed by existing automotive and mobility investors, including Autotech Ventures, Suzuki Global Ventures, Porsche Ventures, JLR’s InMotion …
Albi, an Addison, IL-based restoration management software platform purpose-built to modernize the restoration industry, has secured a Series B growth investment. Investors The round was led by Frontier Growth, a growth equity investment firm based in Charlotte, North Carolina. The firm specializes in partnering with founders of vertical SaaS companies …
