Investments

Investments
Restaurant Roundup: Investors Back ResTech Solutions
March 19, 2021

While the week’s biggest story in restaurant technology investment news was Olo’s IPO and its valuation north of $4.6 billion, this week also saw significant investments in smaller ResTech companies. Restaurant equipment maintenance solutions provider 86 Repairs closed its latest round with $2 million in...

Investments
Shelf Engine Raises $41 Million For Grocery Supply Chain Automation
March 18, 2021

The grocery industry wastes 43 billion pounds of food every year. But with statistical data and machine learning, Shelf Engine hopes to change that, according to a Thursday (March 18) press release. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
The Rise Fund Will Invest $200 Million In Airtel Africa’s Mobile Money Arm
March 18, 2021

The Rise Fund, the global impact investing platform of alternative investment firm TPG, will invest $200 million in Airtel Africa’s mobile money business, according to a Thursday (March 18) announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
Pollinate Raises $50 Million To Enter North American Market
March 18, 2021

Pollinate has raised $50 million to bring its software business to North America and to expand its platform technology, according to a press release emailed to PYMNTS Thursday (March 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
Cloud Kitchen Platform Kitopi Seeks $200 Million To Push Into Southeast Asia
March 18, 2021

Kitopi, a shared kitchen platform focused solely on online food delivery, is seeking $150 million to $200 million in financing to reach markets in Southeast Asia. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
Ethnic Online Grocer Weee! Nets $315 Million To Fund Expansion
March 18, 2021

Ethnic online grocery company Weee! has raised $315 million in a Series D round to fund the firm’s expansion across North America, as well as the growth and diversification of its product offerings. Get the Full Story Complete the form to unlock this article and...

Investments
Texas Keeps Attracting Tech Firms, Increased Venture Funding
March 17, 2021

Texas startups continue grabbing cash from venture firms, raising $1.3 billion in funding through March 11. The Wall Street Journal reported that the state’s growing tech sector is gaining on Silicon Valley in drawing investments. Get the Full Story Complete the form to unlock this...

Investments
SPACs, Or Blank-Check Companies, Raise Record Quarterly Amount
March 17, 2021

The use of special-purpose acquisition companies (SPACs) to go public boomed in 2020. The growth of these blank-check companies has exploded even more in the first quarter of this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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. Get the Full Story Complete the form to unlock this article and enjoy unlimited...