Investments

Investments
GRO Capital Closes $662.25M GRO Fund III
March 21, 2022

GRO Capital has closed its northern European B2B software-focused fund GRO Fund III K/S, continuing the investment strategy pursued in prior funds, with a focus on accelerating the growth of mature software companies within the Nordic region, DACH and Benelux, according to a Wednesday (March...

Investments
Helcim Raises $16M in Series A to Expand Payments for Small Businesses
March 21, 2022

Helcim, a Canadian payments company for small- to medium-sized businesses (SMBs), has closed on a $16 million Series A funding round, the Calgary company announced Monday (March 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
B2B Finance Platform Ramp Grabs $750M for $8.1B Valuation
March 21, 2022

Finance automation platform Ramp grabbed $750 million in financing to bring its valuation to $8.1 billion, according to a Monday (March 21) company press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
B2B Marketplace Ralali Closes First Series D Tranche
March 21, 2022

Indonesian B2B marketplace Ralali has wrapped the first tranche of its Series D funding round, raising an undisclosed amount. 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...

Investments
Startup Bionic Raises $65M in Series B Round
March 21, 2022

Application management platform Bionic has closed a Series B round for $65 million, according to a Monday (March 21) press release emailed to PYMNTS. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
Profishop Nets $35M to Expand Its B2B Supply Storefront
March 20, 2022

Profishop, which sells equipment for business and industry directly from manufacturers, has announced $35 million in new funding, which it plans to use to expand, Yahoo reported last week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
US Banks Took In $645M in Equity Capital Market Fees This Year, Down From $5.3B...
March 20, 2022

Big U.S. investment banks have taken a $4.6 billion revenue hit from the freeze on equity raisings, a Financial Times report said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Investments
Blockchain-Based Travel Startup TravelX Raises $10M in Seed Funding
March 18, 2022

Blockchain-based travel distribution startup TravelX has raised $10 million in seed funding that it will use to tokenize inventory in the travel space and develop new ways of distribution, according to press release Tuesday (March 15). Get the Full Story Complete the form to unlock...

Investments
AI Startup Aibee’s Valuation Tops $1B After New Funding From Xiaomi
March 18, 2022

Chinese artificial intelligence (AI) startup Aibee closed a fundraising round of about $100 million that pushed its valuation to more than $1 billion, making it a unicorn, according to a Thursday (March 17) Bloomberg report. Get the Full Story Complete the form to unlock this...