Unicorn delivery app Instacart has raised $200 million as part of a new financing round, which upped the company’s valuation to $17.7 billion, the Silicon Valley startup announced on Thursday (Oct. 8). The new round of funding came from existing investors Valiant Peregrine Fund and...
The New York-based financial wellness startup Bloom Credit announced on Thursday (Oct. 8) that it has secured $13 million in Series A funding, led by $10 million from Allegis NL. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Tastemaker Acquisition Corp. is the latest newly-formed special purpose acquisition company, or SPAC, seeking a ripe investment, the Nation’s Restaurant News reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Venture capital firm Greycroft, based in New York and Los Angeles, has raised $680 million to fund new startups, according to Bloomberg, looking for “the next Bumble or Venmo.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The Abu Dhabi Investment Authority (ADIA) is putting about $750 million into Reliance Retail Ventures Ltd., a subsidiary of Reliance Industries, the Mumbai-based parent company announced Tuesday (Oct. 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Subscription billing platform provider Chargebee Inc. has raised $55 million in Series F funding to bring its total venture capital funding to $105 million, the company announced Tuesday (Oct. 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Tipalti has hit the big time with $150 million in new funding and a valuation of $2 billion. That puts the San Mateo, California-based FinTech well into “unicorn” status, meaning it’s worth more than a $1 billion valuation. Get the Full Story Complete the form...
GrubMarket, which supplies food to consumers and businesses, has raised $60 million in its Series D round, according to TechCrunch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Private equity managers are turning to specialty borrowing facilities to make sure they can survive the coronavirus pandemic, the Financial Times (FT) reports, though this could pose its own new set of difficulties. Get the Full Story Complete the form to unlock this article and...