Investments

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...

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

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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

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

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.  Get the Full Story Complete the...