raises

Akros Technologies, an AI-Based Asset Management Platform, Raises Funding from Z Holdings

Akros Technologies, an AI-Based Asset Management Platform, Raises Funding from Z Holdings

Artificial intelligence is invading almost every industry. The investment and finance industry is no exception. In Deloitte’s 2019 report, the company reveals that AI is transforming the financial ecosystem to reduce costs and make operations more efficient by providing automated insights and alternative data, analytics and risk management. Technologies such as AI have digitized the …

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Akros Technologies, an AI-Based Asset Management Platform, Raises Funding from Z Holdings

Akros Technologies, an AI-Based Asset Management Platform, Raises Funding from Z Holdings

Artificial intelligence is invading almost every industry. The investment and finance industry is no exception. In Deloitte’s 2019 report, the company reveals that AI is transforming the financial ecosystem to reduce costs and make operations more efficient by providing automated insights and alternative data, analytics and risk management. Technologies such as AI have digitized the …

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Lensa AI, the app that creates "magical avatars", raises red flags for artists

Lensa AI, the app that creates “magical avatars”, raises red flags for artists

If your Instagram is flooded with algorithmically generated portraits of your friends, you’re not alone. After adding a new Stable Diffusion-based avatar generation tool, photo-editing app Lensa AI has gone viral in recent days, with users sharing their bizarre AI-created avatars (and gruesome duds) in stories and publications. Lensa’s fun and eminently shareable avatars mark …

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FTC breakup raises hopes for Microsoft's $69 billion Activision merger: sources

FTC breakup raises hopes for Microsoft’s $69 billion Activision merger: sources

A rift has emerged at the Federal Trade Commission over Microsoft’s $69 billion deal to acquire Activision – potentially paving the way for the controversial mega-merger to be approved, The Post has learned. At least one Democrat on the four-member panel recently took a favorable view of the merger, according to a source familiar with …

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Lumen Raises $62M to Empower People to Optimize Metabolic Health

Lumen raises $62 million for wearable device to measure metabolic health

What you should know: – Lumen, the metabolic health company behind the first wearable device to measure your metabolism through breathing, announced today that it has raised $62 million in a series funding round B led by Pitango Venture Capital. – Participating investors include Hanwha Group, Resolute Ventures, RiverPark Ventures, Unorthodox Ventures, Almeda Capital and …

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Smartphone re-commerce startup Badili raises $2.1M in pre-seed funding

Smartphone re-commerce startup Badili raises $2.1M in pre-seed funding

Badili, a Kenya-based smartphone re-commerce startup, raised $2.1m in pre-seed funding to expand operations in Africa; one of the fastest growing mobile phone markets in the world. Venture Catalysts, V&R Africa, Grenfell holdings and SOSV participated in the round, as did family offices and angel investors from Kenya, Nigeria, South Africa and India. With this …

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Southeast Asia insurtech Igloo raises its Series B to $46 million

Southeast Asia insurtech Igloo raises its Series B to $46 million

Igloo, a Singapore-based insurtech focused on underserved communities in Southeast Asia, announced it had raised a $27m Series B expansion, bringing the round total to $46m. dollars. The first tranche of $19 million was announced in March and led by Cathay innovation with participation from ACA and returning investors OpenSpace. The latest round was led …

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inCitu raises $2 million to democratize urban planning through augmented reality

inCitu raises $2 million to democratize urban planning through augmented reality

In Augmented reality news November 23, 2022 – incitea New York-based company that brings future physical developments to life through augmented reality (AR), this week announced US$1 million in financial support from Schmidt Futures, the philanthropic initiative of Eric and Wendy Schmidt, plus another US$1 million from other notable investors and initial customer traction. The …

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