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Funding

Torq Raises $42M, Total Funding Hits $120M

Key investors in this round include Insight Partners, GGV Capital, Bessemer Venture Partners, Greenfield Partners, and Evolution Equity Partners.

January 24, 2024

Intelligenio Expands to US After Winning S/ 500,000 Fund

In 2023, the company achieved over S/ 100,000 in revenue and aims to reach S/ 2.5 million by the end...

January 24, 2024

Qdrant Secures $28M for Open Source Vector Database

Series A led by Spark Capital amidst growing AI demand.

January 23, 2024

ElevenLabs attains unicorn status with $80M Series B.

Boosted by high AI sector momentum, achieving significant valuation rise since June's Series A.

January 22, 2024

Cargado Raises $3M for US-Mexico Logistics Platform

Founded by Industry Veterans, Targets Seamless Cross-Border Freight Operations.

January 22, 2024

Upgrad Nears Udacity Acquisition, Pursues $100M Funding

Deal seeks to enhance global presence and reskilling offerings.

January 20, 2024

Flexport Secures $260M Investment from Shopify Amid Financial Challenges

This increases Shopify's stake to 17%, as Flexport struggles with declining revenues and integrates Shopify's logistics business.

January 20, 2024

Briq Raises $8M Extension at $150M Valuation for AI-Powered Financial Automation in Construction

Tiger Global Management following its $30 million Series B in 2021, led the investment along with MetaProp, Blackhorn, Eniac, and...

January 18, 2024

Harbiz Secures $5.45M for Fitness Pro Platform Expansion

Funds target UK, Germany expansion, AI integration, and growth acceleration.

January 18, 2024

Traemelo Beta E-commerce and Delivery Service Debuts in Lima

Plans expansion to major cities and seeks investment for technological growth.

January 17, 2024