Capital is finding its way into all sorts of funds and to all sorts of firms. Early-stage investments are mushrooming in size, and the competitive landscape is crowded, which makes prudent investing no easy task. Bain's Matt Harris, managing director, weighs in on the mindset...
Grocery delivery startup Instacart raised an extra $271 million in November, bringing its latest round of funding to $871 million. A source told Reuters that the additional funding comes from investors, including U.S. hedge fund Tiger Global Management and existing investors Coatue Management and Valiant...
ParkWhiz announced it has received an additional $5 million in equity to its recently-announced Series D financing, bringing the total funding round led by NewSpring Capital to $25 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Analytical Flavor Systems (AFS), the startup that uses artificial intelligence to predict good-tasting food, has raised $4 million in a round of venture funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Alibaba, the Chinese eCommerce giant, is having success with its newly-created on-demand online services unit — it raised $4 billion in funding, giving it a valuation of as high as $30 billion. Get the Full Story Complete the form to unlock this article and enjoy...
China’s JD.com’s quest to expand into technologies such as artificial intelligence and automation is causing its expenses to soar, with the company seeing its Q2 technology costs go up over 70 percent year over year for the third consecutive quarter. Get the Full Story Complete...
Transit, the startup that helps city dwellers navigate life and move about the city without a car, just raised $17.5 million in venture funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Tech companies that have recently gone public are wading back into the market to sell more shares at a rate that the Wall Street Journal reported is at a “nearly unprecedented clip.” Get the Full Story Complete the form to unlock this article and enjoy...
In a Kakao Pay-led Series B round, peer-to-peer (P2P) lending platform PeopleFund took in $11 million in funding. The South Korean company, which was started in 2015, matches borrowers with investors in a marketplace for lending, according to reports. Get the Full Story Complete the...