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Metropolis’ AI Platform Transforms Parking Experiences, Backed by $1.8 Billion in Financing

American Entrepreneurship

The four co-founders are continuing to pass major milestones with an acquisition strategy and timely funding since its launch in 2017 Drivers’ parking experiences around the country are now being enhanced through artificial intelligence, enabling them to readily come and go without checking out. The financing included $1.05

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Uganda’s Tugende closes $3.6M Series A extension to meet the demand for its asset finance products

TechCrunch

Ugandan technology-enabled asset finance company Tugende today announced that it has closed $3.6 This brings Tugende’s total Series A financing to $9.9 This brings Tugende’s total Series A financing to $9.9 The company is also currently piloting financing for e-mobility assets. . Image Credits: Tugende.

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Jeffrey Katzenberg backs the $10M seed round for HUBUC’s embedded finance API

TechCrunch

I recently wrote about the so-called “Embedded finance” trend, citing the example of Intergiro’s recent fundraising in the space. In a statement, Nawaz said: “Embedded finance is no longer the exclusive privilege of large technology firms. There’s now yet another example of this trend in the shape of HUBUC.

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Amberdata raises $30M to chase the ‘unlimited opportunity’ of bringing traditional finance into web3

TechCrunch

We decided to do this raise right now because we grew so much in the past year that there’s an unlimited opportunity to go out and be the infrastructure that enables all institutions to onboard digital assets,” Douglass said. The capital will be used to build new product lines, and although Amberdata has existing deals in the U.S.,

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Kenyan fintech Pezesha raises $11M backed by Women’s World Banking, Cardano parent IOG

TechCrunch

Access to finance remains a key growth constraint for small businesses, with data showing a $330 billion financing deficit for the small enterprises that make up 90% of Africa’s businesses. Pezesha said it is currently working with more than 20 partner companies that have enabled it to extend loans to over 100,000 businesses to date.

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BlockFi lands a $350M Series D at a $3B valuation for its fast-growing crypto-lending platform

TechCrunch

The latest financing brings its total equity raised since inception to about $450 million, with the company raising $100 million across its seed and Series C rounds. Zac Prince — who comes from a background in consumer lending — founded BlockFi with Flori Marquez in 2017. million led by Valar Ventures.

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TechCrunch: Where top VCs are investing in construction robotics

Dream It

As of February 2017, nearly 200,000 construction jobs were left unfilled across the U.S., AI has also begun to play a bigger role in the construction supply chain, production scheduling, labor management, insurance and financing, risk assessment etc. according to the Bureau of Labor Statistics ( Recode ).