Investments

Investments
Bringg Valued At $1 Billion After Closing $100 Million Series E
June 16, 2021

Delivery and fulfillment startup Bringg raised $100 million in a Series E funding round led by Insight Partners, with participation from existing backers Cambridge Capital, GLP, Harlap, Next 47, Pereg Ventures, Salesforce Ventures and Viola Growth. Get the Full Story Complete the form to unlock...

Investments
Motif FoodWorks Raises $226 Million Amid Rising Interest In Plant-Based Edible Alternatives
June 16, 2021

Funding for plant-based proteins continues to pour in to the sector, as Boston-based food technology company Motif FoodWorks announced a $226 million Series B fundraise Wednesday (June 16). The company said it will use the funds for research and development, building out its technology, and...

Investments
Digital Bank FamPay Pulls in $38 Million For Teen-Focused Products
June 16, 2021

India’s FamPay, a startup that is building a digital bank aimed at teenagers, has collected $38 million in venture capital. In a blog post, Bengaluru-based FamPay said the funding round was led by Elevation Capital. The company said it will use the cash to build...

Investments
FinTech Novo Grabs $40.7 Million To Fuel Growth
June 16, 2021

Novo, a financial technology company, has pulled in $40.7 million in venture capital. The FinTech focuses on digital banking for small to medium-sized businesses (SMBs). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Home-Management Platform Thumbtack Raises $275 Million For Growth, Innovation
June 15, 2021

Home management platform Thumbtack has secured $275 million as an investment, according to a press release. The company is now valued at $3.2 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Fintech Investments
Advent Backs Brazilian FinTech EBANX In $430 Million Deal
June 15, 2021

Brazilian FinTech EBANX has captured a $430 million investment from Advent International. The Curitiba-based Ebanx said in a press release that $30 million would go toward its planned initial public offering (IPO) of stock. Get the Full Story Complete the form to unlock this article...

Investments
Wholesale Fashion Platform JOOR Raises $46 Million
June 15, 2021

Wholesale fashion platform JOOR has notched $46 million in a Series D funding round led by Macquarie Capital Principal  Finance, with participation from previous backers ITOCHU Corporation, Battery Ventures and Canaan Partners.  Get the Full Story Complete the form to unlock this article and enjoy...

Investments
Used Smartphone Reseller ecoATM Nets $75 Million For Expansion
June 14, 2021

EcoATM Gazelle, the global smartphone and mobile device reCommerce company, has raised $75 million in new growth equity from existing investor Cowen Sustainable Advisors, a press release said Monday (June 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
India’s Flipkart Valuation May Reach $40 Billion With A Possible Abu Dhabi $500 Million Investment
June 14, 2021

ADQ, the Abu Dhabi sovereign fund, could invest $500 million in India-based Flipkart, Bloomberg reported. 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,...