Manufacturing Procurement Software Lands $17M for Axya

Manufacturing Procurement Software Lands M for Axya

Manufacturers still run purchasing on spreadsheets and email chains more often than most founders would guess, and a Montreal startup just raised money to change that. Axya locked in $17 million CAD in Series A funding on September 24, with McRock Capital leading the round and Yamaha Motor Ventures joining as a co-investor. Procurement sounds…

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Payment Fraud Prevention Gets a $16M Boost From IPID

Payment Fraud Prevention Gets a M Boost From IPID

Instant payments move fast, and that speed is exactly the problem a startup called IPID just raised money to fix. The company announced a $16 million Series A on September 24, led by Foundation Capital with Citi and HSBC joining as strategic investors. If your business has ever sent a payment to the wrong account,…

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IPO Timing Keeps Slipping as Solari Capital Emerges

IPO Timing Keeps Slipping as Solari Capital Emerges

A new investment firm stepped out of stealth mode on September 25 with $350 million already deployed, and its founder is making a blunt argument: companies are staying private for far too long, and that is exactly where the opportunity sits. AJ Scaramucci runs Solari Capital, and he built it to bet on that gap.…

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Acquisition Strategy Lessons From Databricks’ Row Zero Deal

Acquisition Strategy Lessons From Databricks’ Row Zero Deal

Databricks confirmed on September 24 that it has acquired Row Zero, a young startup whose cloud based spreadsheets can hold more than a million live rows. Terms were not disclosed. Row Zero’s founders previously worked as engineers at AWS and Tableau, and the startup had raised just $10 million before this deal closed. A small…

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Vibe Coding Hits a $600M Milestone With Lovable

Vibe Coding Hits a 0M Milestone With Lovable

Lovable’s co-founder told a crowd in Amsterdam this week that the AI app building platform’s annualized revenue run rate just crossed $600 million. Fabian Hedin shared the number at the HumanX summit on September 24, marking a $100 million jump from the $500 million mark the company reported back in June. If you build software,…

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Stoneweg E-Reit proposes internalisation of Reit manager

Stoneweg E-Reit proposes internalisation of Reit manager

It will be done at a consideration of 94 million euros, excluding third-party co-investment stakes [SINGAPORE] The manager of Stoneweg E-Reit (Sert) on Monday (Sep 28) said it has proposed the internalisation of the Reit manager, the business trust’s trustee-manager, and the logistics and light industrial asset management and property management platform. It will be…

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AI whiplash jolts stocks as sentiment lurches from fear to greed

AI whiplash jolts stocks as sentiment lurches from fear to greed

Fears about the flow of money slowing down are most apparent in semiconductor stocks ARTIFICIAL intelligence could wipe us all out. Or it might just kill our unwanted subscriptions. Those are the two extremes the stock market has swung between over the past two weeks, sending hundreds of billions of dollars sloshing out of –…

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