MDOTM RAISES $27M FOR AI WEALTH MANAGEMENT PLATFORM
■ AI-SUMMARIZED FROM 1 SOURCE ▸ TIMELINE
MDOTM, an AI software provider for asset and wealth managers, secured $27 million in growth equity funding led by Expedition Growth Capital. The round brings the company's total funding to $36.5 million.
■ MORE FROM THE STARTUPS DESK
New dating applications are emerging as alternatives to Grindr, emphasizing user privacy and community control as backlash against major dating platforms intensifies.
LimX Dynamics raised $200M in a pre-IPO round as China's 100+ humanoid robotics companies accelerate public market debuts. The startup, founded during the pandemic four years ago, is preparing to list.
Singapore-based video generation startup PixVerse closed its Series C extension round, bringing total funding to $439 million and valuing the company at over $2 billion.
Bumble's paying user base is declining as the dating app prepares a significant redesign later this year. The company is betting that overhauling its core swiping model will convert more matches into actual dates.