With a new capital infusion, SoftBank Group is extending a lifeline of up to $8 billion into the office space and workspace solutions firm WeWork. The infusion will see SoftBank committing $5 billion in new financing as well as issuing a tender offer for an...
Fabric, an automated logistics company that used to be called CommonSense Robotics, has raised $110 million in a Series B funding round led by Corner Ventures. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Firedome, a New York- and Tel Aviv-based cybersecurity startup, has raised $10 million in a Series A funding round with investment from Two Sigma Ventures, Silvertech Ventures and World Trade Ventures. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Lyft said it would turn a profit by the end of 2021, one year earlier than expected. Bloomberg reported that the news pushed the ride-hailing company’s shares up 9 percent on Tuesday (Oct. 22). Get the Full Story Complete the form to unlock this article...
Billionaire investor Peter Thiel, who wrote Facebook its first check and invested heavily in SpaceX, is looking to raise almost $3 billion to invest in late-stage startups that have yet to go public. Get the Full Story Complete the form to unlock this article and...
A decade ago, an entrepreneur wanting to raise cash pretty much had to have rich relatives or pals, or gain entry into the clubby world of venture capital. Sure, that entrepreneur could take it to the web, asking people to make their own relatively small...
German eCommerce software company commercetools has raised $145 million in a funding round led by Insight Partners, at a valuation of $300 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
SoftBank looks to become the majority owner of WeWork without getting into long-term lease obligations, Reuters said on Saturday, Oct. 19. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The French payment processor Lemon Way has announced a near-$28 million (€25 million) investment round by the multi-asset fund management firm Toscafund, Aithority reported on Thursday (Oct. 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
