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Investments
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689Instacart Raises $600M; Valuation Now At $7.6B
Instacart, the retailers’ delivery service, raised $600 million in a fresh round of funding, giving it a valuation of $7.6 billion. According...
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1.3KMIT’s New AI School Gets $1B Investment
Massachusetts Institute of Technology (MIT), aiming to take a lead in educating on artificial intelligence, machine learning and advanced computing, is creating...
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1.9KBrex’s Plan For Its New $125M In Funding
When Brex CEO Henrique Dubugras first started out as an entrepreneur, his first destination wasn’t finance — it was virtual reality (VR)...
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1.2KSoftBank, Flush with Hard Cash, Eyes WeWork Stake
SoftBank is looking to put its money to work in WeWork. Possibly. Bloomberg reported Wednesday (October 10) that the Japanese firm –...
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3.0KDivvy Lands $30M To Disrupt The Homeownership Model
Homeownership startup Divvy announced that it has raised $30 million in equity and debt from Andreessen Horowitz, with participation from seed investors...
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1.6KStarbucks’ New Investor: Pershing Square
Pershing Square Capital Management, the activist hedge fund controlled by activist investor William Ackman, now has about a 1.1 percent stake in...
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1.8KSiemens Invests In VR Startup Backed By Volkswagon, Audi
German company Varjo Technologies has announced a $31 million Series B investment, led by Atomico and Seimens-backed Next47, that will help it launch...
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2.5KSnap Shares Fall Following CEO Evan Spiegel’s Memo
Following news that Snap Chief Executive Evan Spiegel unveiled new strategic goals and acknowledged shortcomings with a recent design of its app...
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2.0KSiilo Notches €4.5 Million For Medical Messaging App
To help get its messaging service before more doctors, a messaging app geared toward medical professionals has notched €4.5 million in funding....
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2.2KGM’s Autonomous Car Unit Gets A $2.75B Boost From Honda
Honda Motor Co. and General Motors have struck a deal in which Honda will invest $750 million in GM’s self-driving car unit...
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2.3KRefund App Truebill Snags $5M, Launches ‘Smart Savings’
Finance app Truebill announced it has raised $5 million in Series A funding and launched a variety of new capabilities. Investors in...
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1.8KFoursquare Snags $33M
Foursquare has announced a $33 million round of equity funding co-led by strategic investors Simon Ventures and Naver Corp. and by Union...
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3.4KCoinbase Valued At $8B With Potential Tiger Global Investment
Coinbase, the cryptocurrency exchange operator, is nearing a deal that would give it a valuation of around $8 billion, reported Recode. The...
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2.6KAs IPOs Rise, Red Ink Fails To Deter Investors
You know the acronym. IPO. Stands for Initial Public Offering. Or maybe it could stand for “It’s Profitable…Or not.” It doesn’t seem...
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2.6KFidelity Aims To Be Leader In AI, Blockchain, Machine Learning
Fidelity Investments, the Boston-based fund company, is becoming a leader in blockchain technology, investing billions of dollars on that and other cutting-edge...
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2.1KUber’s In-Car Convenience Store Cargo Raises $22M
Cargo, the startup that provides in-car commerce for the rideshare economy, announced on Thursday (Sept. 27) that it has raised $22 million...
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2.1KDoor Opens For Opendoor’s $400M SoftBank Funding
In fundraising news on Thursday (Sept. 27), Opendoor, the home selling startup, said that it has raised $400 million from SoftBank’s Vision...
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876Grab In Talks To Sell Stake In Thai Unit
Grab, the Singapore ride-hailing startup, is reportedly in talks to sell a stake in its Thai business to Central Group, the largest retailer...
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2.9KStripe Raises $245M On A $20B Valuation
Stripe, the payments startup, has raised $245 million in a new round of venture funding, giving the company a valuation of $20...
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1.7KEmergent Technology Invests In Trust Stamp To Verify Identities
Emergent Technology, the blockchain technology company, announced on Tuesday (Sept. 25) that it has made a strategic investment in T Stamp Inc....
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1.6KPot Delivery Company Dutchie Raises $3M
Dutchie, the marijuana delivery service launched by Ross Lipson, has raised $3 million in venture funding. According to a report citing the...
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2.6KConvoy Secures $185M In Series C Financing
To accelerate product innovation, trucking network Convoy has secured $185 million in Series C financing. The round was led by Alphabet’s growth...
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2.3KBread Snags $60M For Omnichannel Retail Payments
FinTech startup Bread announced that it has completed a $60 million round of equity financing. Founded in 2014, Bread offers white-label solutions for...
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2.3KPostmates Raises $300M On $1.2B Valuation
Postmates, the on-demand delivery company, announced on Tuesday (Sept. 18) that it has raised $300 million in venture funding. In a press release,...
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2.0KJimmy Buffet Invests In Cannabis Startup
Singer Jimmy Buffett has partnered with a U.S. marijuana startup, allowing the company to use his Coral Reefer brand for a line...
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1.5KUnmortgage Aims For Financial Inclusion In Housing Market
London startup Unmortgage has just closed a £10 million (just over $13 million USD) seed round as it prepares to launch its...
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1.6KTransferWise Reports $3.9B In Transaction Volume/Month
London-based money transfer firm TransferWise has revealed that has been profitable for the second year in a row. One of Europe’s largest FinTech startups,...
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2.3KMachine Learning Startup Streamlines Legal Work With $65M In Funding
Atrium, the startup that digitizes legal documents, announced on Monday (Sept. 10) that it has raised $65 million in venture funding. In...
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2.0KNigeria’s Mobile Wallet Paga Snags $10M, Expands Cross-Border
Nigerian digital payments startup Paga has received $10 million in funding as it prepares to expand into other countries. CEO Tayo Oviosu announced at...
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1.7KMoney Transfer Co Monese Raises $60M For Global Expansion
Monese, the U.K. bank challenger, announced on Wednesday (Sept. 6) that it has secured $60 million in venture funding. According to a...
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1.8KMessaging App LINE Eyes FinServ With $1.3B Fundraise
Japan’s LINE Corporation is raising around 148.1 billion yen ($1.33 billion) through convertible bonds so it can expand into the financial services...
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3.8KSEC Wants Startup Investments To Be Open To Everyone
The Securities and Exchange Commission (SEC) wants to allow individuals to invest in private companies, including in-demand startups. SEC Chairman Jay Clayton...
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2.2KGrab Battles Go-Jek, Invests $250M In Startups
Grab announced that it plans to invest $250 million in Indonesian startups over the next three years through its new innovation arm....
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1.8K‘Africa’s Stripe,’ Paystack, Snags $8M From Visa, Tencent, Stripe
Paystack, the Nigerian payments company, announced on Tuesday (Aug. 28) that it raised $8 million in a Series A round. According to a...
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1.7KSallie Mae-Backed Deserve Snags $17M To Help Millennials Build Credit
FinTech startup Deserve announced it has raised $17 million in Series C funding. The company uses machine learning (ML) and alternative data...
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3.0KParsing Buffett/Berkshire’s Paytm Push
Call it a $285 million shot across the digital payments bow. A new embrace of high tech, and a notable one for...
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2.4KVisa Makes Strategic Investment In Paidy
Visa has made a strategic investment in Paidy, which offers instantly issued post-pay credit services for eCommerce consumers based in Japan. The...
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2.0KDeutsche Bank Invests In Modo
Deutsche Bank announced that it has acquired an equity stake in Modo Payments, a payments technology company focusing on reducing friction in...
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1.8KReal Estate Startup Bungalow Secures $64M In Funding
Residential real estate startup Bungalow announced it has secured $64 million in funding: a $14 million Series A led by Khosla Ventures,...
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2.2KLatch Raises $70M In Funding Led By Brookfield Asset Management
Latch, manufacturer of a smart access system, announced on Wednesday (Aug. 22) that it has raised $70 million in venture funding. In a...
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1.9KBoxed Raises More Than $100M In Funding
Grocery startup Boxed announced that it has raised $111 million in a new round of funding. The company had been in talks...
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1.8K
SoftBank Invests In Rental Car Co
Carsharing platform Getaround has announced that it raised $300 million in a Series D funding round led by SoftBank. Toyota Motor Corporation and...
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1.7KKlook CPO Liu Outlines Travel Booking Platform’s Global Expansion
Having $1 billion in bookings and more than 200 destinations globally – those are big numbers, to be sure, but these are not...
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3.2KCiti Ventures Invests In AI Software Company Anaconda
American Banker, citing Citi Ventures, reported that the investment shows banks are embracing and implementing AI. According to the report, the investment...
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2.8KYayYo Gears Up For U.S. IPO
YayYo, the online ridesharing company, is gearing up an initial public offering (IPO) in the U.S. Seeking Alpha, citing an S-1/A registration...
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2.7KChina’s Banks Asked To Give Infrastructure Investment Support
China’s banking and insurance regulator has asked banks and insurers to examine and tackle “weak points” in the country’s infrastructure sector. According...
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2.2KDoorDash Secures $250M In Growth Round
Food ordering and delivery company DoorDash announced that it has raised $250 million in a growth round co-led by Coatue Management and...
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1.5KUnsold Food Marketplace Snags $12M
Stockholm-based Karma has raised $12 million in Series A funding, led by Swedish investment firm Kinnevik. Participants also included U.S. venture capital...
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1.4KRetail, Tech Get New Life In Burgeoning Economy
Some prominent hedge fund managers are feeling optimistic about the U.S. economy, especially when it comes to retail and technology. According to...
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1.2KAlphabet Invests $375M In Insurance Startup
Alphabet, the multinational conglomerate, has invested $375 million in Oscar Health, a health insurance startup co-founded by Trump advisor Jared Kushner’s brother,...
