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Island Raises $250M Series E Funding, Reaches $4.8 Billion Valuation

American Entrepreneurship

billion, achieved in under five years since its founding in 2020. Reinventing the Enterprise Browser Islands core innovation lies in its reimagining of the web browsernot as a passive consumer tool, but as an active enabler of enterprise security, productivity, and IT efficiency.

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QuSecure Names Rebecca Krauthamer as CEO, Gains Series A Funding

American Entrepreneurship

The capital infusion enables QuSecure to enhance its product offerings, expand its customer base, and drive the adoption of its pioneering QuProtect platform, designed to future-proof enterprise cybersecurity against the threats posed by quantum computing. She holds a degree in Symbolic Systems from Stanford University specializing in AI.

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17 Inspiring Recoveries: How Entrepreneurs Bounced Back from Crises

StartupNation

Chunyang Shen , Finance Expert, Jarsy Inc. Alexandr Korshykov , Founder & CEO, DreamX Honest Recovery Chronicles Rebuild Guest Trust Hurricane Delta in 2020 struck just as we were beginning a recovery from pandemic-related losses. A well-trained, reliable staff and strong supplier relationships enabled us to ride out the storm.

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MYbank showcases digital solutions for SME financing at the Singapore Fintech Festival 2023

AsiaTechDaily

The showcased solutions included Tomtit for rural finance, Goose for supply chain finance, and Lark for automated credit line management. These solutions were specifically designed to assist SMEs in overcoming financing barriers and enhance the accessibility of financial services for MYbank’s 50 million SME clients.

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Binance-backed Xend Finance launches DeFi platform for credit unions in Africa

TechCrunch

Nigerian startup Xend Finance uses decentralized finance (DeFi) to address currency devaluation. This gave birth to Xend Finance.” Not only is Xend Finance trying to protect credit unions from fluctuation, but it is also changing how they operate. Image Credits: Xend Finance. Image Credits: Xend Finance.

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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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Infermedica Raises $10 million Series A for R&D and International Expansion

Dream It

Today, the company announced a $10M Series A financing round led by the European Bank for Reconstruction and Development (EBRD) and digital health fund Heal Capital , with participation from existing investors Karma Ventures, Inovo Venture Partners, and Dreamit Ventures. This new #investmentround marks a significant milestone for Infermedica.

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