Given the struggles on-demand food delivery services have had this year, it is something of a welcome change of pace to report that Home Chef has closed a $40 million funding round that it will use to expand. The round was led by private equity firm L...
Though bankruptcies have become part of the standard, perhaps the biggest out-of-left-field default is coming out of Cosi, the flatbread sandwich maker and QSR staple of the last decade. According to reports, the Boston-based chain has filed for bankruptcy as it looks to restructure its...
MoneyFarm is making its mark in the digital wealth management market. After a move into the U.K. market earlier in 2016, the company has just received funding from Allianz Ventures and plans to capitalize on Allianz’s resources and experience.
FreshDirect, which has been delivering groceries to people on the East Coast for some time now, has raised $189 million in additional venture funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Alphabet’s investment arm has jumped on the Airbnb bandwagon, joining a round expected to net out at $850 million. That would put the homesharing platform’s valuation at around $30 billion, according to sources close to the deal quoted by The Wall Street Journal. Get the...
Operator, the Chinese startup that is betting Chinese citizens will want to buy American products on its shopping app, raised $15 million in a round of venture funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
By some estimates, a passenger riding in a “smart car” that is essentially doing the driving could produce nearly a gigabyte of driving data every second. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Gametime, the mobile last-minute ticketing company, announced on Wednesday (Sept. 21) it raised $20 million via a Series B round of financing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Just two years old, Nucleus, a home intercom system, just brought in $5.6 million in Series A 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. yesSubscribe to...
