Announced
Completed
Financials
Sources
Tags
FinTech
asset management
financial technology
consumer lending
United States
blockchain
Completed
Single Bidder
Friendly
Acquisition
Private
Minority
Domestic
Private Equity
Venture Capital
Synopsis
Microsoft, Nvidia, and Amazon, American multinational technology companies, led a $675m Series B round in Figure, a financial services company that uses blockchain technology for loan origination, equity management, private fund services, banking, and payments sectors, with participation from Jeff Bezos, OpenAI Startup Fund, Amazon Industrial Innovation Fund, Parkway Venture Capital, Intel Capital, Align Ventures, and ARK Invest. "We've always planned to come back to robotics and we see a path with Figure to explore what humanoid robots can achieve when powered by highly capable multimodal models," Peter Welinder, OpenAI Vice President.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.