Investments

Investments
State Bank of India Backs Pine Labs with $20M
January 04, 2022

The State Bank of India (SBI), the country’s largest commercial bank, invested $20 million in the merchant commerce platform Pine Labs ahead of an expected U.S. public listing sometime in the middle of this year, according to a Tuesday (Jan. 4) press release. Get the...

Investments
French Telecom Orange Backs B2B Tech Fund 
January 04, 2022

Orange is investing in the “Move Capital I” fund in an effort to support future B2B tech “champions” in Europe, the French telecom announced Monday (Jan. 4).  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
Authentic Brands to Buy Majority Stake in DB Ventures
January 03, 2022

Authentic Brands Group will buy a majority stake in the brand management company DB Ventures, which is owned by former soccer player David Beckham, Bloomberg reported Monday (Jan. 3). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Egypt’s B2B eCommerce Fashion Startup Gahez Raises $2M in Pre-Seed Funding
January 03, 2022

Business-to-business (B2B) eCommerce fashion startup Gahez raised $2 million in a pre-seed funding round led by Disruptech Ventures, with participation from Egypt Ventures, Tanmeyah, Afropreneur fund, and other angel investors, Wamda.com reported. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
Early-Stage Startups Funding Surge Stokes Concerns Over Valuation, Business Worth
January 02, 2022

The amount of funding going into higher-risk, early-stage startups has been notable the past year, according to The Wall Street Journal (WSJ). Investors have been looking at ways to invest in companies — even those that are so new they barely have a product yet....

Investments
Transigo Snags $70M in Funding From Israeli Companies 
January 02, 2022

Software-as-a-Service (SaaS) platform Transigo announced in a Wednesday (Dec. 29) press release that it has ended a $70 million funding round led by Israeli firms E.N. Shoham Business Ltd. and Nawi Brothers that will allow the company to expand its point-of-sale (POS) platform to major B2B...

Investments
ProShares Launching Metaverse ETF
December 29, 2021

ProShares applied to the U.S. Securities and Exchange Commission for an exchange-traded fund (ETF) focused on the metaverse on Tuesday (Dec. 28), according to a CoinDesk report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
Online Pharmacy Platform DiRx Nets $10M for US Expansion
December 28, 2021

DiRx, a digital health company offering savings on generic Food and Drug Administration-approved medication through an online pharmacy, has raised $10 million in Series A funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
Israeli SaaS Platform NeuroBrave Wraps Funding Round 
December 28, 2021

The Israeli Software-as-a-Service platform NeuroBrave has landed new investment with the help of the deep tech fund VentureIsrael.  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...