Investments

Investments
Acquco Nets $160 Million To Scale Its Amazon Seller Portfolio
May 11, 2021

Acquco, which is focused on acquiring third-party sellers on Amazon, has closed a Series A funding round with $160 million, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
YouTube Introduces $100 Million Fund To Advance Short-Form Video 
May 11, 2021

YouTube is introducing YouTube Shorts beta to help bring short-form video to YouTube users in the U.S. and India, according to a YouTube blog post on Tuesday (May 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Lili Notches $55 Million For Freelancers’ Digital Banking Service
May 11, 2021

Lili, the New York- and Israel-based banking app for freelancers, has raised $55 million in a Series B funding round, which brings the startup’s total funding to date to $80 million, Forbes reported. The funding round was led by Group 11, with participation from existing...

Investments
Gojek Gains $300 Million In Funding As It Moves Toward Big Merger
May 10, 2021

In the middle of negotiating a merger deal with Tokopedia, Gojek has reeled in $300 million in investment funds from state-owned mobile operator Telkomsel, Nikkei Asia reported. Gojek is already Indonesia’s largest private tech company. Get the Full Story Complete the form to unlock this...

Investments
Railz Raises $12 Million Toward API Development
May 09, 2021

Railz, which develops an API letting financial institutions (FIs) and FinTechs access real-time data of their customers’ accounting data, has raised $12 million in Series A funding, according to a press release. The investment will let Railz expand its efforts by continuing to build out...

Investments
German Delivery Startup Gorillas Looks To Notch $500 Million At $6 Billion Valuation
May 07, 2021

The German delivery startup Gorillas is looking to raise about $500 million at a $6 billion valuation following a $290 million Series B round in March, Bloomberg reported on Friday (May 7), citing sources. Get the Full Story Complete the form to unlock this article and...

Investments
Insurance AI Provider Shift Secures $220 Million In Funding For Fraud Detection
May 06, 2021

Shift Technologies, which provides artificial intelligence (AI)-powered decision automation and optimization solutions for insurance companies, has closed a Series D funding round of $220 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Driverless Truck Provider Einride Nets $110 Million In Funding
May 06, 2021

Sweden-based Einride has raised $110 million to fund the development and use of electric, autonomous trucks, the company announced in a Tuesday (May 6) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
$48B In Funding Marks Another Banner Month For VC Investments
May 06, 2021

April was another strong month for global venture funding, with venture capital and growth investors putting up $48 billion. That makes April the second-highest month on record for investment in private companies, according to data from Crunchbase. Get the Full Story Complete the form to...