Others

IBM pledges to spend $150B in the US over the next few years

April 28, 2025
Enterprise tech giant IBM says that it plans to invest $150 billion in the U.S. over the next five years, which will include a “more than” $30 billion investment in mainframe and quantum computing research. The goal is to fuel the economy and “accelerate [IBM’s] role as the global leader in computing,” the company said in a press release Monday. […]

AI animation startup Cheehoo lands $10M funding from Greycroft

April 28, 2025
Creating animation is a time-consuming process, requiring multiple steps including storyboarding, rendering, composition, and lighting to craft a single scene. If a director wants to experiment with a different take for a scene, an animation team has to go back and tweak things before the scene can be finalized. Cheehoo, a startup founded by a […]

Volution doubles-down on booming UK fintech with new $100M fund

April 28, 2025
The UK fintech sector is on a bit of roll. Allica Bank – a London-based fintech – recently announced it had doubled its profits in 2024, bringing in £29.9 million, while Neobank Revolut announced a £1bn profit in 2024. Companies of this nature continue to spring out of London, a city which has become a fintech global […]

Lightrun grabs $70M using AI to debug code in production

April 28, 2025
AI-based coding has exploded in popularity on the promise that it will make developers’ jobs faster and easier. But it’s also resulted in something else: a vast increase in lines of code, and thus the likelihood of bugs resulting in crashes or other mishaps. Today, an Israeli startup called Lightrun — which has built an […]

OmniRetail shakes up Africa’s B2B e-commerce market with $20M Series A

April 28, 2025
When Deepankar Rustagi last raised money for OmniRetail in 2022, excitement was high for African startups addressing the supply chain and operational challenges in the fast-moving consumer goods (FMCG) sector. At one point, these startups received more capital than all sectors, except fintech. Recently, though, the industry’s enthusiasm and venture capital’s interest have faded, as […]