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London-based digital bank Allica, which caters to over 30K SMBs across the UK, raised a $155M Series D from Ventura Capital and others at a $1.2B valuation (Tom Matsuda/Sifted)

Tom Matsuda / Sifted : London-based digital bank Allica, which caters to over 30K SMBs across the UK, raised a $155M Series D from Ventur...

31 May 2024

Sources: Saudi Arabia's Prosperity7 participated in a ~$400M round in Zhipu AI at a $3B valuation, making it the only foreign investor in Chinese generative AI (Eleanor Olcott/Financial Times)

Eleanor Olcott / Financial Times:
Sources: Saudi Arabia's Prosperity7 participated in a ~$400M round in Zhipu AI at a $3B valuation, making it the only foreign investor in Chinese generative AI  —  Aramco's Prosperity7 takes part in investment round for start-up Zhipu AI  —  A Saudi Arabian fund has backed China's …

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