Category: Startups

AIStartups

AI-Powered Platform Casium Aims to Revolutionize U.S. Work Visa Processing

A former Microsoft machine learning scientist has launched Casium, an AI-driven platform that dramatically accelerates employment-based visa processing. The startup recently secured $5 million in seed funding to expand its technology that reduces application preparation from months to under 10 business days.

AI Revolution in Immigration Processing

A new startup company founded by former Microsoft scientist Priyanka Kulkarni is leveraging artificial intelligence to transform how employers navigate America’s complex immigration system. According to reports, Casium has developed a technology platform that streamlines the entire travel visa application process, potentially reducing preparation time from several months to under 10 business days.

by Michael Turner
FundingStartups

Oxford Biotech Firm Wild Bio Secures $60M for AI-Driven Crop Innovation

Wild Bioscience, the Oxford-based agricultural technology company co-founded by Irish professor Steve Kelly, has reportedly secured $60 million in Series A funding. The investment round was led by the Ellison Institute of Technology to accelerate the development of climate-resilient crop varieties using artificial intelligence and precision breeding techniques.

Major Funding for Agricultural Innovation

Wild Bioscience, the Oxford University spinout co-founded by Irish academic Prof Steve Kelly, has reportedly raised $60 million in a Series A funding round led by the Ellison Institute of Technology (EIT). According to reports, the substantial investment will accelerate the company’s mission to develop improved crop varieties using genetics research and precision breeding technologies to address global sustainability challenges in agriculture.

by Jessica Moore P.E.
Arts and EntertainmentStartups

Revolut Bolsters AI Capabilities with Swifty Acquisition for Enhanced Loyalty Program

Financial technology firm Revolut has acquired AI travel specialist Swifty to develop an advanced concierge service for its loyalty program. The integration aims to provide automated travel planning and personalized financial guidance. This strategic move reportedly strengthens Revolut’s position at the intersection of finance, AI, and lifestyle services.

Strategic Acquisition in AI-Driven Financial Services

Financial technology company Revolut has acquired Swifty, an AI-powered travel technology firm, to develop what sources indicate will be an “AI concierge” for its loyalty program. According to reports, Swifty’s technology will be integrated into Revolut’s existing platform to provide smart financial guidance and automate complex travel and lifestyle tasks for customers.

by Jessica Moore P.E.
BusinessStartups

Deel Secures $300M Funding at $17B Valuation Amid Rival Legal Disputes

Deel has reportedly closed a $300 million funding round that values the HR software company at $17 billion. The funding comes as the company faces ongoing litigation from competitor Rippling alleging corporate espionage, which Deel’s CEO has dismissed as “frivolous.”

Deel’s Funding Round and Valuation Surge

HR software startup Deel has reportedly completed a $300 million funding round that boosts its valuation to $17 billion, according to reports from the Financial Times. Sources indicate the round was led by new investor Ribbit Capital alongside existing backers Coatue Management and Andreessen Horowitz.

by Jessica Moore P.E.