Investments

Investments
Siemens Invests In VR Startup Backed By Volkswagon, Audi
October 09, 2018

German company Varjo Technologies has announced a $31 million Series B investment, led by Atomico and Seimens-backed Next47, that will help it launch the world’s first human-eye resolution virtual reality and mixed reality product. Get the Full Story Complete the form to unlock this article and...

Investments
Snap Shares Fall Following CEO Evan Spiegel’s Memo
October 05, 2018

Following news that Snap Chief Executive Evan Spiegel unveiled new strategic goals and acknowledged shortcomings with a recent design of its app in a memo, the social media company’s shares fell by 0.7 percent on Friday (October 5). The most recent decline comes as the...

Investments
Siilo Notches €4.5 Million For Medical Messaging App
October 05, 2018

To help get its messaging service before more doctors, a messaging app geared toward medical professionals has notched €4.5 million in funding. The service, which is called Siilo, lets this audience collaborate on patient care through a messaging app that is encrypted, according to reports....

Investments
GM’s Autonomous Car Unit Gets A $2.75B Boost From Honda
October 04, 2018

Honda Motor Co. and General Motors have struck a deal in which Honda will invest $750 million in GM’s self-driving car unit and will commit as much as $2 billion in additional funding in the next few years. Get the Full Story Complete the form...

Investments
Refund App Truebill Snags $5M, Launches ‘Smart Savings’
October 03, 2018

Finance app Truebill announced it has raised $5 million in Series A funding and launched a variety of new capabilities. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Investments
Foursquare Snags $33M
October 03, 2018

Foursquare has announced a $33 million round of equity funding co-led by strategic investors Simon Ventures and Naver Corp. and by Union Square Ventures. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
Coinbase Valued At $8B With Potential Tiger Global Investment
October 03, 2018

Coinbase, the cryptocurrency exchange operator, is nearing a deal that would give it a valuation of around $8 billion, reported Recode. The report, citing people familiar with the matter, reported that Coinbase is in discussions with Tiger Global and existing shareholders for an investment as high as $500 million....

Investments
As IPOs Rise, Red Ink Fails To Deter Investors
October 02, 2018

You know the acronym. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing...

Investments
Fidelity Aims To Be Leader In AI, Blockchain, Machine Learning
September 30, 2018

Fidelity Investments, the Boston-based fund company, is becoming a leader in blockchain technology, investing billions of dollars on that and other cutting-edge technologies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...