Cardo AI raises $15m to disrupt outdated systems in asset-based finance

Cardo AI raises $15m to disrupt outdated systems in asset-based finance

Cardo AI, a leading next-generation asset-based finance and private credit technology platform, has raised $15 million in its Series A funding round. The investment was co-led by Blackstone Innovations Investments, Blackstone’s early-stage strategic investment arm, FINTOP Capital, and JAM FINTOP. The round also saw participation from Andy Horwitz and Kevin MacDonald, the co-founders of Black […]

UK’s bold economic move: Major international investment summit set to attract global leaders and billions in investment

UK’s bold economic move: Major international investment summit set to attract global leaders and billions in investment

The UK government has unveiled plans for a major International Investment Summit set for 14 October 2024, marking a significant step in its national mission to stimulate economic growth and attract global investment. Summit to Highlight UK as a Prime Investment Destination The UK is gearing up for a pivotal moment in its economic strategy […]

Molten Ventures announces significant portfolio developments and exits

Molten Ventures announces significant portfolio developments and exits

Molten Ventures (LSE: GROW, Euronext Dublin: GRW), a prominent venture capital firm, has disclosed recent pivotal developments within its portfolio, highlighting successful exits and robust investment rounds, signaling a strategic advancement in its operational focus. Strategic Exits and Portfolio Highlights Molten Ventures announced key transactions that underscore its adept investment and valuation strategies: – Graphcore […]

NanoQT secures $8.5m to advance proprietary quantum processing units

NanoQT secures $8.5m to advance proprietary quantum processing units

Nanofiber Quantum Technologies Inc. (NanoQT), a trailblazing startup in the field of quantum computing, has secured $8.5 million in funding from leading venture capital investors. Phoenix Venture Partners (PvP) in the US and Japan’s JAFCO Group, SPARX Group, Keio Innovation Initiative, and Waseda University Ventures financed the round through convertible notes. The Tokyo and California-based […]