Investments

Investments
DoorDash Secures $250M In Growth Round
August 17, 2018

Food ordering and delivery company DoorDash announced that it has raised $250 million in a growth round co-led by Coatue Management and DST Global. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
Unsold Food Marketplace Snags $12M
August 16, 2018

Stockholm-based Karma has raised $12 million in Series A funding, led by Swedish investment firm Kinnevik. Participants also included U.S. venture capital firm Bessemer Venture Partners, appliance manufacturer Electrolux and previous VC firm backer e.ventures. This latest round brings Karma’s total funding to $18 million....

Investments
Retail, Tech Get New Life In Burgeoning Economy
August 15, 2018

Some prominent hedge fund managers are feeling optimistic about the U.S. economy, especially when it comes to retail and technology. 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
Alphabet Invests $375M In Insurance Startup
August 15, 2018

Alphabet, the multinational conglomerate, has invested $375 million in Oscar Health, a health insurance startup co-founded by Trump advisor Jared Kushner’s brother, Joshua Kushner. CNBC reported that Alphabet now owns around 10 percent of the 6 year-old startup, which utilizes a combination of technology, provider partnerships...

Investments
Tesla, Slack Show Lure Of Non-Public Funding Amid High Mkt Valuations
August 14, 2018

As the saying goes, cash is king. 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 our daily newsletter, PYMNTS Today. By completing this form, you agree...

Investments
Axoni Raises $32M Led By Goldman Sachs, Nyca Partners
August 14, 2018

Axoni, a provider of enterprise blockchain technology, announced Tuesday (Aug. 14) that it has raised $32 million in venture funding. 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
Hedging Bets, Hedging Taxes As Taxman Cometh For Cryptos  
August 13, 2018

If the world of cryptocurrencies is relatively nascent, unformed, without a clear roadmap … guess what else is equally opaque? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

IPO
Crypto Chip Maker Bitmain Eyes $18B IPO
August 13, 2018

Bitmain, the world’s largest producer of cryptocurrency mining chips, is planning to file for an initial public offering (IPO) in September, which could turn out to be one of the largest IPOs in history. According to documents obtained by CoinDesk, Bitmain hopes to raise $18...

Investments
tZERO Investment Boosts Overstock’s Shares
August 10, 2018

Overstock shares jumped as much as 21 percent after the retailer announced that Hong Kong private equity firm GSR Capital is investing up to $270 million into Overstock’s blockchain subsidiary tZERO. Get the Full Story Complete the form to unlock this article and enjoy unlimited...