Browsing: 100M

Rillet co-founder and CEO Nicholas Koop seems justifiably confident as we talk over Zoom a day after his company announced a $100 million raise at a $1 billion valuation. The US has has a shortage of accountants right now, which is driving growth of his AI-native accounting platform so much, he raised that cash in…

Callosum has raised $100m, six months after leaving stealth with a tenth of that, and the round includes money from the British state. Bloomberg reported the raise, describing the UK’s public AI fund as a backer.

AI accounting startup Rillet announced a $100 million Series C at a $1 billion valuation on Tuesday, led by Iconiq. Returning investors include Andreessen Horowitz and Sequoia. Rillet, which emerged from stealth in 2024, is quickly becoming one of the hottest AI startups in the enterprise resource planning (ERP) industry. 

Nebex is turning cross-border space spending into domestic revenue, giving French startups access to global government contracts while promising €1 of industrial return for every €1 spent abroad. Cate Lawrence2 hours ago

Alaska (KTUU/KTVF) – The federal government is signaling a major investment in America’s mining workforce, and the University of Alaska Fairbanks could be in line for a significant piece of it

PointsKash, a FinTech, payments, loyalty rewards and digital commerce company, has secured an expanded strategic capital commitment of up to $100m from Hawk Capital Investors, structured to carry the business through two critical stages of its national commercialisation and growth strategy.

The Jell-O and Ore-Ida marketer has been focused on fewer but higher-impact media partnerships, recently striking major deals with the NFL and Disney.

The National Science Foundation (NSF) has announced anew grant programto help colleges and universities gain access to the computing power needed for artificial intelligence (AI) research. NSF plans to invest about $100 million to support up to 10 regional AI hubs across the country.

The National Science Foundation on Tuesday announced a $100 million program for the development of state and regional artificial intelligence hubs, which the agency said will provide funding for research, education and workforce development in AI.

New initiative will accelerate AI-enabled scientific discovery by expanding access to compute through regional partnerships among state and local governments, academic institutions, industry and philanthropy, and will build a workforce to leverage AI and computing for science.