Menlo Ventures has raised $1.35 billion to invest in artificial intelligence (AI) ventures. The new capital will be split between early-stage fund Menlo XVI and early growth fund Menlo Inflection III, partner Matt Murphy told Bloomberg News Thursday (Nov. 16). The focus will be on fledgling AI companies...
Grocery app Crisp has raised $37 million to enhance its seasonal/local food-focused delivery service. The Amsterdam-based company announced the funding in a Thursday (Nov. 16) press release, saying it would help Crisp deliver “better food for the many” in its core markets of the Netherlands...
Blockchain-based wholesale payment systems firm Fnality has raised $95.2 million in a new funding round. The round, as reported Tuesday (Nov. 14) by Bloomberg News, was led by Goldman Sachs and BNP Paribas. CEO Rhomaios Ram told Bloomberg the company will use the investment to fund the operations and...
New York-based venture capital (VC) firm Interplay has reportedly closed its third fund, raising $45 million in capital commitments. The firm specializes in investing at the Series A stage and focuses primarily on software companies, including B2B marketplaces and vertical software, TechCrunch reported Monday (Nov....
Artificial intelligence (AI) startup Black Ore emerged from stealth after raising $60 million. The company, founded by FinTech entrepreneurs Eyal Shinar and Pavel Kapovski, rolled out its first product, Tax Autopilot, which uses AI to study tax law and simplify tax preparation for accountants, according...
Refurbed, an Austria-based online marketplace that sells refurbished electronics in Europe, raised $57 million in a Series C round. The platform will use the capital to expand its marketplace offerings, strengthen its presence in core markets and enhance user experience, according to a Tuesday (Nov....
San Francisco-based B2B rebate platform Enable has closed a successful Series D funding round, raising $120 million and achieving a valuation of $1.12 billion. The funding round was led by Lightspeed Venture Partners, with participation by Menlo Ventures, Norwest Venture Partners, Insight Partners and Sierra...
Food and beverage giant Nestlé invested $100 million in food delivery startup Wonder. The capital comes with a partnership that aims to combine Nestlé’s expertise in food production with Wonder’s advanced kitchen equipment services, CNBC reported Tuesday (Nov. 7). The companies plan to sell the...
Supply chain FinTech company Twinco Capital has secured an additional 50 million euro ($53 million) facility with BBVA Spark, a banking unit for high-growth and innovative companies, to help small- to medium-sized businesses (SMBs) in emerging countries access trade finance. These SMBs are the companies most...
