Investments

SPAC
Sen Warren Criticizes PetSmart’s $14B SPAC Plans
February 07, 2022

Sen. Elizabeth Warren has criticized a plan to take PetSmart public via a special purpose acquisition company (SPAC), saying the proposed $14 billion deal underlines concerns about the retailer and SPACs themselves. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
Saudi Delivery-as-a-Service Company BARQ Raises $4M
February 07, 2022

BARQ, a Delivery-as-a-Service (DaaS) startup, has raised $4 million in its latest funding round to deliver growth, WAYA reported Monday (Feb. 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Investments
Sequoia Leads $450M Investment into Polygon
February 07, 2022

Venture capital firm Sequoia Capital has led a $450 million investment in blockchain network Polygon as part of a larger effort to fund Web3, CNBC reported Monday (Feb. 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
UK VC Firm SuperSeed Raises $41M
February 07, 2022

U.K. venture capital firm SuperSeed has wrapped the first closing of its new fund at 31 million pounds ($41 million) targeting a final close of 50 million pounds ($67 million). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
UK Alternative Lender ThinCats Secures $135M
February 07, 2022

ThinCats, an alternative lender based in the U.K., has secured up to 100 million pounds ($135 million) in additional funding for small- to medium-sized businesses (SMBs) through an extension of its partnership with Insight Investment. Get the Full Story Complete the form to unlock this...

IPO
FinTech Ebanx Delays US IPO Over Market Volatility
February 06, 2022

FinTech firm Ebanx recently delayed its U.S. initial public offering (IPO) because of market volatility, Bloomberg reported Friday (Feb. 4). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Investments
Taffi Raises $2M+ Seed Funding for AI-Powered Fashion Marketplace
February 04, 2022

Artificial intelligence (AI)-powered fashion marketplace Taffi has raised more than $2 million in seed financing, Magnitt reported Friday (Feb. 4). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Investments
AI Startup Two Platforms Backed by Jio with $15M
February 04, 2022

Silicon Valley artificial intelligence (AI) startup Two Platforms (TWO) was backed with a $15 million investment from India’s Jio Platforms in exchange for a 25% stake in the company on a fully diluted basis, according to a blog post from TWO on Wednesday (Feb. 2)....

Investments
Cybersecurity Firm Cynomi Raises $3.5M
February 04, 2022

Cybersecurity services provider Cynomi has raised $3.5 million in seed funding, money the firm says it will use to scale research and development and expand its footprint in the U.S. and U.K. Get the Full Story Complete the form to unlock this article and enjoy...