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...
Singapore-based multicurrency digital wallet provider YouTrip raised $50 million in a Series B funding round. The firm will use the capital to launch new products and features, invest in technology and expand into new markets, YouTrip said in a Thursday (Oct. 26) blog post. “The...
BNY Mellon has introduced a White Labeling service for its LiquidityDirect platform. This service enables financial institutions to offer their clients liquidity management solutions, including short-term investments, the bank said in a Monday (Oct. 23) press release. LiquidityDirect, which handles nearly $15 trillion in annual transaction flow for over...
Danish startup Dealflow hopes to move beyond its invoicing roots after raising $700,000. The company will use the capital to help support a vision of developing an artificial intelligence (AI) “worker” to automate finance, according to a company blog post. “We’re already moving hundreds of...
