Amazon Portfolio Reaches Over 500 Solar and Wind Projects Globally
Amazon invested in more than 100 new solar and wind energy projects in 2023, expanding its portfolio to a size big enough to power 7.2 million U.S. homes annually.
Investing - page 18
Dataroid Raises $2 Million
Dataroid, a major player in the digital analytics and customer engagement industry, has announced that it has managed to raise $2 million in investment funds.
Fintech Startup Briq Secures $8 Million
Briq, a startup that uses artificial intelligence to automate finance in the sphere of construction, raised $8 million in an expansion round at a valuation of $150 million.
Digital Onboarding Raises $58 Million
Digital Onboarding has announced that it has managed to raise funds for $58 million from the investment firm Volition Capital to realize the intention to expand its digital interaction platform for banks and credit unions.
BNPL Provider Billink Raises $32 Million
Billink, a Buy Now, Pay Later (BNPL) service provider, has announced that it has managed to raise $32 million in investment funds.
Staking Technology Provider Kiln Raises $17 Million
French startup Kiln, which operates in the sphere of cryptocurrencies, has successfully completed a $17 million funding round.
Zilo Raises £25 Million in Series A
British asset and wealth management software provider Zilo has announced that it has managed to raise 25 million pounds in a Series A funding round.
Fintech Funding in US and UK Sees Sharp Decline in 2023
Inflation, increased interest rates, geopolitical instability, and other macroeconomic challenges brought US and UK fintechs 36% and 63% less money last year, respectively.
African Fintech Cleva Raises $1.5 Million
Nigerian fintech company Cleva, which specializes in creating a banking platform that allows African businesses and local individuals to access international payments by opening dollar accounts, raised $1.5 million as seed funding.
Investment Trends 2024
2024 may be a challenging year for investors. Although inflation growth has started to slow down, it is still high enough to impede global economies, businesses, and investing capabilities. Therefore, investors should look for market trends that can help them generate positive returns.
Jeff Bezos Invests in Startup Perplexity
Jeff Bezos, the founder of Amazon, became one of the sponsors of the company, which is not yet two years old.
Joe Biden Administration Announces $162 Million to Expand Computer Chip Factories in US
The administration of the President of the United States Joe Biden is allocating $162 million in funding to Microchip Technology as part of support for the homegrown production of computer chips.
Global Startup Funding Decreases 38% in 2023
Global startup funding declined to the lows last seen in 2018, illustrating a 38% drop year-on-year.
Bumper to Expand Flexible Auto Payments in Europe
Bumper, a fintech company specializing in providing services, related to automotive payments, reported the successful completion of a Series B financing round for $48 million.
Anthropic Reportedly Forecasts $1 Billion 2024 Revenue
The media reports that the startup Anthropic, working in the sphere of artificial intelligence, predicts revenue of more than $850 million in the next year, but there is also information about the company’s more impressive financial prospects.
Adani Green Energy Raises $1.13B to Boost Renewable Energy Transition in India
India’s largest renewable energy developer, Adani Green Energy, said its shareholders will invest INR 9,350 crore ($1.13 billion) in the company to boost its capacity, achieving its stated target of 45 GW by 2030.
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