European pre-owned fashion platform Vestiaire Collective launched a crowdfunding campaign to raise at least 1 million euros (about $1.1 million) from individual investors. The crowdfunding campaign, which will be advertised on Vestiaire’s website and mobile app, opens Tuesday (Jan. 23) and is being facilitated through...
Venture capital firm Plural has launched a 400 million euro ($436.4 million) fund to support technology and AI startups in Europe, CNBC reported on Tuesday (Jan. 23). The new fund, Plural Fund II, comes just 18 months after the investment firm raised its previous fund of 250 million...
Voice technology firm ElevenLabs’ value has topped $1 billion after its latest funding round. The company announced its $80 million Series B Monday (Jan. 22), saying the funds would be used for — among other things — deploying new products and improving safety measures to “ensure responsible and ethical...
FinTech platform Kashable has raised $25.6 million to expand its employer-based lending program. The Series B funding will help the company develop new financial wellness services and strengthen its ability to lend to employees “across the credit spectrum,” Kashable said in a news release Thursday (Jan. 18). “In a...
Buy now, pay later provider Billink aims to enter new markets after raising $32 million. The Dutch company said in a Thursday (Jan. 18) press release that the new funding will let it expand to the top 50 online shops in the “Benelux” (Belgium, the...
On-demand pay company DailyPay has secured $175 million in funding, resulting in a 75% increase in the company’s valuation to $1.75 billion. This funding includes a $75 million equity round and a $100 million expansion of an existing secured credit facility, with additional financing provided...
Prismatic, an embedded integration platform, has secured $22 million in Series B funding to drive innovation and simplify integrations for B2B Software-as-a-Service (SaaS) companies. The funding round, led by Five Elms Capital, marks the growth equity firm’s second investment in Prismatic within a year, the...
Investment firms are reportedly raising billions to purchase stakes in venture capital (VC)-backed tech startups. “The main exit for VCs is primarily IPOs and M&A [mergers and acquisitions], and neither of those are happening,” Tom Callahan, chief executive of Nasdaq Private Market, told the Financial Times (FT) Wednesday (Jan....
Worldline is reportedly taking action to address its recent share price slump and reassure shareholders. In an effort to restore investor confidence, the Paris-based payments group has engaged the services of Morgan Stanley and Rothschild & Co. to develop a defense strategy and explore options, Reuters...
