Factorial Funds is excited to announce our investment in Anthropic's $450 million in Series C, with participation from Google, Salesforce Ventures, Sound Ventures, Zoom Ventures, and others.
News
Sardine Launches Industry-Wide Consortium to Curb The Rapid Rise of Payment Fraud
Sardine today announced the formation of SardineX, an industry-wide, independent consortium to curtail payment fraud.
Wefox Secures $110m With $55m Credit Facility From J.P. Morgan and Barclays
wefox, the Berlin-based insurtech, has secured US$55m credit facility from J.P. Morgan and Barclays alongside a $55m second close in its Series D at US$4.5bn valuation from existing investors and new investors including Squarepoint.
Mercury has attracted over $2 billion in deposits since SVB fell.
Mercury — working with partner banks Choice Financial Group and Evolve Bank & Trust and their sweep networks– upped its FDIC insurance, first from $1 million to $3 million and then to $5 million.
SpaceX sets up subsidiary in South Korea for Starlink service
SpaceX has set up a subsidiary in Seoul to launch satellite internet services using Starlink.
Anthropic Partners with Google Cloud
Anthropic, an AI safety and research company, has selected Google Cloud as its cloud provider.