Jenfi raises more funding for its “growth capital as a service” platform

Jenfi, a “growth-capital-as-a-service” platform, can provide online businesses with revenue-based financing in a little as a day. The Singapore-based startup announced today it has raised $6.6 million in pre-Series B funding, led by Headline Asia. Participation came from returning investor Monk’s Hill Ventures, which led Jenfi’s Series A two years ago, ICU Ventures, Granite Oak, Korea…

Max Q: Space is vast

Hello and welcome back to Max Q! In this issue: Virgin Galactic aims for a triumphant return Vast aims to launch space station in 2025 News from SpaceX, and more Virgin Galactic will return to the skies later this month in a crewed mission that the company hopes will bring to an end the nearly…

AI startups are not setting the venture world ablaze

Conventional wisdom around AI investment suggests artificial intelligence should be red hot right now with dollars flying at startups building with AI, akin to what was happening last year with web3 and metaverse companies. Well, guess what? According to a new report from CB Insights, conventional wisdom is wrong — dead wrong. AI has been…

UK pension startup Smart banks $95M

Smart, a London-based startup that helps employers and their employees manage and monitor their pensions, said that it has closed $95 million in Series E funding. It plans to use the capital to expand its international footprint and make acquisitions, it said. Aquiline Capital Partners, a new backer, led the investment, with previous investors Barclays,…