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Franklin Resources Inc. Has $64.03 Million Stake in Confluent, Inc. (NASDAQ:CFLT)

Clearbridge Investments LLC Has $20.79 Million Stake in Confluent, Inc. (NASDAQ:CFLT)

Funding highlights: Forever Network scores $6m for US expansion

Here’s a recap of recent funding developments from Australia, India, the US and beyond.

Fireworks AI Raises $25M in Series A Funding

FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time!

Quilter raises $10 million for AI-powered circuit board design, led by Benchmark

Circuit board design startup Quilter announced on Tuesday it raised $10 million, saying it would use artificial intelligence to reduce the time to design components that power electronics in rockets, computers, smartphones and other devices. The Los Angeles-based company's software uses a form of artificial intelligence similar to what Google employed to defeat a Chinese grand master at the ancient game of Go. Quilter's technology becomes better at building circuit boards over time and the company plans to completely automate the process.