tech:

taffy

Q2ebanking Raises $20M Series C Round

q2ebanking

Q2ebanking, a provider of electronic banking solutions for banks and credit unions, has closed $20 million in Series C financing. The round was led by a new investor, Battery Ventures, with support from Adams Street Partners, which led Q2’s first two financing rounds.

The financing will be used to expand Q2’s sales and marketing efforts, as well as invest in continued platform innovation, says the company.

Q2ebanking provides ebanking technology for approximately 400 financial institutions, reaching over 3 million online users.

Just in

Tembo raises $14M

Cincinnati, Ohio-based Tembo, a Postgres managed service provider, has raised $14 million in a Series A funding round.

Raspberry Pi is now a public company — TC

Raspberry Pi priced its IPO on the London Stock Exchange on Tuesday morning at £2.80 per share, valuing it at £542 million, or $690 million at today’s exchange rate, writes Romain Dillet. 

AlphaSense raises $650M

AlphaSense, a market intelligence and search platform, has raised $650 million in funding, co-led by Viking Global Investors and BDT & MSD Partners.

Elon Musk’s xAI raises $6B to take on OpenAI — VentureBeat

Confirming reports from April, the series B investment comes from the participation of multiple known venture capital firms and investors, including Valor Equity Partners, Vy Capital, Andreessen Horowitz (A16z), Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal and Kingdom Holding, writes Shubham Sharma. 

Capgemini partners with DARPA to explore quantum computing for carbon capture

Capgemini Government Solutions has launched a new initiative with the Defense Advanced Research Projects Agency (DARPA) to investigate quantum computing's potential in carbon capture.