1. Home
  2. AI

Category: AI

AI-powered debt collection fintech PAIR Finance gets Pollen Street Capital backing

UK investment house Pollen Street Capital has bought a majority stake in PAIR Finance, an AI-based digital debt collection platform. The post AI-powered debt collection fintech PAIR Finance gets Pollen Street Capital backing first appeared

KKR backs AI healthcare diagnosis startup by leading $75m Series B round

Digital Diagnostics is hoping to pave the way for AI healthcare diagnosis to become a standard practice - and has just picked up a big boost thanks to a $75m KKR-led Series B investment round.

Silver Lake-backed AI firm G42 launches $10bn late-stage tech investment fund

UAE-based AI and cloud computing company G42 has launched a $10bn private equity fund in partnership with the state-backed Abu Dhabi Growth Fund. The post Silver Lake-backed AI firm G42 launches $10bn late-stage tech investment

AI, machine learning-focused VC house Omega beats $100m target in debut fund close

High-tech software investor Omega Venture Partners has hit a $115m final close for its debut fund targeting AI, machine learning, data and digitisation. The post AI, machine learning-focused VC house Omega beats $100m target in debut

TPG to invest $360m into global AI company Fractal, hires Matt Jones as co-managing partner of TPG GP Solutions

Global buyout major TPG has agreed to make a $360m investment in global AI and analytics company Fractal through TPG Capital Asia. The post TPG to invest $360m into global AI company Fractal, hires Matt

Advent buys into software developer Encora at $1.5bn valuation

Global buyout major Advent International has bought into software developer Encora at $1.5bn valuation. Existing majority shareholder Warburg Pincus will retain a minority stake. The post Advent buys into software developer Encora at $1.5bn valuation first appeared

Anti-cancer AI tools developer Lunit gets $61m pre-IPO funding round

Cancer-fighting AI developer Lunit has picked up a $61m pre-IPO financing round from investors including HealthQuest Capital and Casdin Capital. The post Anti-cancer AI tools developer Lunit gets $61m pre-IPO funding round first appeared on AltAssets

Point72 raises $600m for debut VC fund using AI to modernise portfolio companies

Point72 has hit a $600m final close for its debut Hyperscale fund looking to use artificial intelligence to modernize portfolio businesses into market leaders. The post Point72 raises $600m for debut VC fund using AI

Carlyle buys into AI-embedded clinical trial data management business Saama Technologies alongside healthcare-focused funds

Private equity titan Carlyle has backed clinical trial data management business Saama Technologies to expand its go-to-market capabilities and further investment in AI research and development. The post Carlyle buys into AI-embedded clinical trial data

Ex-3Com, Palm CEO seals fund size jump with $110m Fund IV close

BGV, the venture capital house launched by former 3Com and Palm CEO Eric Benhamou, has sealed an impressive fund size jump by closing its fourth vehicle on $110m. The post Ex-3Com, Palm CEO seals fund

The four trends that drive private market investments to 2030 – COVID-19, ESG, AI and Brexit

With the private market off to a turbulent start in 2020, Swiss banking group REYL has highlighted COVID-19, ESG, AI and Brexit as the four investment trends in private markets to 2030 in its latest

Sequoia Capital China said to lead $150m series E funding round in AI platform Cloudwise

Sequoia Capital China has reportedly led a $150m series E round funding in Beijing Cloudwise Technology which specialises in AI for IT operations. The firm was joined by new investors including Boston Investment, the Greater

Vista Equity Partners boosts Olive’s valuation to $4bn, a 1.6x increase in just six months

Software and data-focused Vista Equity Partners has driven AI-enabled healthcare provider Olive's valuation to $4bn to continue a massive funding surge for the business since the start of the Covid-19 pandemic. The post Vista Equity Partners

TPG sells AI supply chain business LLamasoft to Coupa Software in $1.5bn deal

TPG Capital has sold AI-powered supply chain design and planning business LLamasoft to trade buyer Coupa Software in a $1.5bn deal.

HGGC exits Selligent to Insight Partners portfolio business CM Group

HGGC has completed a sale of Selligent Marketing Cloud to Insight Partners-backed CM Group after a five-year hold.

AI-based anti-money laundering startup Silent Eight gets $15m venture capital-led investment

Silent Eight, which leverages AI technology to combat money laundering and terrorism financing, has closed a $15m venture capital-led funding round.

DialPad hits $1.2bn valuation thanks to VC round, Covid-19 demand rise

AI-powered cloud business phone and contact center provider Dialpad has hit a $1.2bn valuation thanks to a new round of venture capital investment.

Flying Fish back eyeing $75m for sophomore machine learning, AI startup fundraise

Seattle-based Flying Fish Ventures is back in the market for its second fundraise target AI and machine learning technologies.

Chinese AI cities pioneer Terminus gets Investcorp backing

Alternative investment major Investcorp has backed Chinese AI-controlled city and smart services developer Terminus Technologies.

Fintech AI client retention platform Senso gets $3m VC-led investment round

Senso, an AI platform helping financial institutions improve client retention, has reportedly bagged $3m in its pre-Series A round.

We use cookies to offer you a better browsing experience. If you continue to use this site, you consent to our use of cookies.
We use cookies to offer you a better browsing experience. If you continue to use this site, you consent to our use of cookies.