Investments

Investments
Orange Wants To Fast-Track 5G With Investment In Venture Fund
March 17, 2021

Orange is investing in the “Venture Reality Fund II” in an effort to promote immersive technologies and speed the development of new 5G services, the telecommunications company announced Wednesday (March 17. The investment, run through the holding company Orange Digital Investment, will allow Orange to...

Investments
Warner Music Leads Investors In $52 Million Raise For UGC Game Company Overwolf
March 17, 2021

Overwolf, created to make apps related to video games, has completed a Series C round for $52.5 million, a Medium blog post from CEO and co-founder Uri Marchand reads. Griffin Gaming Partners and Insight Partners co-led the round, the blog says. Ubisoft, Warner Music Group,...

Investments
Squarespace Raises $300 Million; Eyes $10 Billion Valuation
March 16, 2021

Website builder Squarespace has announced a $300 million funding round at an enterprise valuation of $10 billion, according to a press release. With the proceeds, the company plans to keep growing, the release stated. Its mission is to “enable anyone to build a brand and...

Investments
Bird’s Scooter-Sharing Platform Invests $150 Million In Europe
March 16, 2021

Silicon Valley scooter and vehicle sharing platform Bird is launching an expansion across Europe and is earmarking $150 million to make it happen, according to a company press release on Tuesday (March 16). The unicorn startup said that in the coming months, Europe will see its...

Investments
Digital ID Firm Socure Raises $100 Million To Advance Fraud Detection
March 16, 2021

Digital identity startup Socure closed a $100 million Series D funding round led by Accel with backing from existing investors Commerce Ventures, Scale Venture Partners, Flint Capital, Citi Ventures, Wells Fargo Strategic Capital, Synchrony, Sorenson, Two Sigma Ventures and others.  The company’s mission is “to ensure...

Investments
Stor.ai Raises $21 Million As Investors Flock To Online Grocery
March 16, 2021

Tel Aviv-based grocery tech solution Stor.ai (formerly Self Point) has just raised $21 million in its most recent funding round, which it will use to “integrate new, next-generation features into its core offering, accelerate the company’s growth in North America, and enter into new markets...

Investments
London FinTech SumUp Notches $893 Million For Expansion
March 16, 2021

London FinTech SumUp has raised a 750 million euro (roughly $893 million) facility from existing backers Goldman Sachs and Bain Capital Credit, and new investors Temasek, Crestline, and funds managed by Oaktree Capital Management. The current round was oversubscribed due to high demand from existing and...

Investments
Ant Group’s Valuation Tops $200 Billion
March 16, 2021

Based on Ant Group’s 2020 numbers, some investors around the world have tagged the Chinese company with a valuation in excess of $200 billion, Reuters reported on Tuesday (March 16), citing sources. When Ant’s initial public offering (IPO) last year was pulled by regulators, its...

Investments
US Retail Investors Get Stimulus Checks, Look To Stock Market
March 15, 2021

Retail investors are gearing up to use their $1,400 stimulus checks on the stock market, the Financial Times (FT) reported, and will likely invest around 37 percent of their checks in stocks. The checks are part of President Joe Biden’s $1.9 trillion stimulus package and...