Fundraising

Clearwater agrees to buy investment management platform Enfusion for $1.5B

Fundraising /

Clearwater Analytics, a company developing accounting, compliance, and risk reporting tools for asset managers, said on Monday it has entered into a definitive agreement to acquire investment management platform Enfusion for $1.5 billion. Clearwater, which says it has obtained an $800 million loan to fund the transaction, along with a $200 million revolving line of […]

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Moody’s agrees to acquire Cape Analytics, which develops geospatial AI for insurance providers

Fundraising /

Financial services firm Moody’s announced on Monday that it has agreed to acquire Cape Analytics, a geospatial AI startup, for an undisclosed sum. The deal, which is expected to close in Q1, subject to customary closing conditions, will give Moody’s access to Cape’s geospatial AI analytics technology for insurance underwriting. With the tech, Moody’s plans

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More money comes to AI healthcare: Qventus nabs $105M at $400M+ valuation

Fundraising /

Healthcare is proving to be one of the more lucrative industries for building AI solutions to speed up clinical, research and administrative operations. Now, we have one of the latest examples of how that is playing out in terms of venture funding. Qventus, a startup that builds AI-based tools to automate work across a range

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UK in-home healthcare provider Cera raises $150M to expand its AI platform

Fundraising /

Around the world, public healthcare systems have struggled to reset post-pandemic, and in particular, the increasingly aged populations in Western countries are putting pressure on services, not least in the UK where ‘NHS in crisis’ is a regular headline in the media. As a result, private companies, many powered with technology, see a gap in

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Here are the five best pieces of founder advice I learned as a host of Found

Fundraising /

After more than two years — and nearly 100 episodes — as a host of TechCrunch’s recently ended Found podcast, I have learned a lot about how founders approach building their startups. I’ve heard stories about how founders know when it is the right time to expand from their core product, to how startups approach

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Overhaul raises another $55M to help companies like Dyson and Microsoft fight supply chain theft

Fundraising /

Businesses dependent on the physical supply chain — the network of facilities and transportation systems used to move materials from one location to another — chain face a number of challenges, from staff shortages to increasing customer expectations. The pressures aren’t easing up. According to a survey from Prologis, a real estate investment trust, two-thirds

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Biosphere zaps germs with UV light to make biomanufacturing cheaper

Fundraising /

Ask any scientist that has worked with cell cultures in a lab: contamination is high on their list of fears. Even one stray bacterium or fungal spore can spoil an entire experiment. Now imagine scaling that risk up to biomanufacturing, which uses living cells to make a range of stuff, including drugs, food ingredients, and

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Anthropic reportedly in talks to raise $2B at $60B valuation, led by Lightspeed

Fundraising /

OpenAI rival Anthropic is in talks to raise $2 billion in new capital in a funding round led by Lightspeed Venture Partners, according to The Wall Street Journal. The round, which The Journal reports would value Anthropic at $60 billion, would bring Anthropic’s total raised to $15.7 billion, going by Crunchbase’s data. It would also

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