Browsing: Raises

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. 

Indian fintech Navi has raised $100 million from Prosus, marking the first institutional funding for the eight-year-old startup founded by Flipkart co-founder Sachin Bansal (pictured above).

A few weeks after closing a $300 million round backed by Nvidia Corp., Etched Inc. today announced that it has raised an additional $700 million in funding.

Developing military AI demands immense capital, with the soaring upfront cost of building AI infrastructure stalling many defense startups before deployment. To eliminate these critical operational bottlenecks on modern battlefields, Smack Technologiesraises$61M in a Series B round to scale its automated decision-making platforms. 

Reach Capital has raised $265 million for its fifth flagship fund, giving the early-stage venture capital firm fresh capital to invest in another 50 founding teams while bringing its assets under management close to $1 billion.

Vestavia Hills city leaders are weighing millions of dollars in quality of life spending as part of the proposed Fiscal Year 2027 budget, including about $9 million for improvements to the Liberty Park athletic fields.

Quartr, an AI infrastructure provider for institutional finance and company research, has raised $18m in new funding as it looks to accelerate product development and broaden its global coverage of first-party investor relations data.

Prenetics will host a live earnings webcast at 8:30 a.m. Eastern time today to discuss the results. To join, please visit https://stocktwits.com/symbol/PRE. A replay will be made available on the Investor Relations website following the call.

Reach Capital announced Tuesday the close of a $265 million Fund V. The thesis of the 11-year-old, San Francisco firm is to back founders building AI applications that can “expand human potential,” Tony Wan, head of platform at Reach Capital, told TechCrunch. In practice, he added, that means looking at founders building across three areas:…

The funding will support product development and expansion as UAE businesses prepare for upcoming e-invoicing requirements.