Browsing: million

DraftKings has fallen on hard times. Under pressure from prediction markets, the betting site has seen its share price fall 44% in the past year and has endured significant layoffs. In March, one of DraftKings’ cofounders, Matthew Kalish, stepped down as president—but not before persuading the board to approve a series of potentially lucrative deals…

Runable has raised $21 million in Series A funding as its AI agent platform expands rapidly among small businesses looking to automate not only software creation, but also customer acquisition, marketing and day-to-day operations. Susquehanna Venture Capital and Nexus Venture Partners co-led the round, with continued participation from Together Fund and Array VC.

A new Finance Ministry report has revealed major salary disparities across Israel’s security organizations, with employees in some Defense Ministry auxiliary units earning more than twice the average salary of younger career soldiers.

Instinct, a startup founded only last year and helmed by a 23-year-old, has managed to ride the wave of AI enthusiasm toward a gargantuan valuation over the course of the summer.

R.I. – Aug. 26, 2026 – The University of Rhode Island’s Digital Forensics and Cybersecurity Center has landed two major National Science Foundation awards, totaling $4.8 million, that will fund scholarships for students enrolled in the University’s Professional Science Master’s in Cybersecurity program, including its new Securing Artificial Intelligence track. This new funding will help…

Capital F has closed its debut venture fund at $17 million to invest in early-stage technology companies serving what the firm describes as the $15 trillion female economy. The San Francisco-based venture capital firm invests at the pre-seed and seed stages across health and wellness, AI and technology, and digital commerce. Capital F was founded…

Sumit Vishwakarma26 Aug 2026 18:45IST New Update

US defense tech startup Mara has closed a pre-seed funding round of $7 million. With its system Spike, the young company aims to combat specifically small, agile drones that are shaping modern conflicts. The round was led by Khosla Ventures, with participation from a16z Speedrun, Night Capital, Palmdrive, Protagonist, Freedom Fund, and Indicator Fund, as…

BMO Financial Group (TSX:BMO, NYSE:BMO) reported third quarter 2026 net income of $1,750 million, down 25% year over year, and EPS of $2.38, with reported ROE of 8.4%. Results were reduced by a $962 million after-tax goodwill-related charge from the announced sale of the Transportation and Vendor Finance businesses. Adjusted net income rose 19% to…

August 26, 2026 | 15:48(0) user say M Village, a co-living startup founded by Nguyen Hai Ninh, co-founder and former CEO of The Coffee House beverage chain, has raised $26 million in a new funding round. The company recently rebranded as Modern Village Lifestyle.