Investments

Investments
QR Code Payment Provider Netstars Secures $60 Million Funding
April 14, 2021

Japanese QR code payment gateway provider Netstars Co. has completed a $60 million (6.6 billion yen) funding round, the company announced Wednesday (April 14). This round came about through a combination of a capital infusion and the allotment of new shares, and includes $40 million...

Investments
Digital Pizza Ordering Startup Slice Notches $40 Million
April 14, 2021

Digital pizza ordering platform Slice raised $40 million in a funding round led by Cross Creek, Reuters reported on Wednesday (April 14). The startup’s valuation following the fundraise was not disclosed.  Additional new investors included two former Twitter executives — Dick Costolo, who was CEO...

Investments
Digital Insurance Startup Clearcover Raises $200 Million
April 13, 2021

In a late-stage funding round, digital car insurance firm Clearcover has raised $200 million, Reuters reported. The round was headed up by Eldridge, the investment firm notable for being run by Los Angeles Dodgers owner Todd Boehly, according to Reuters. Clearcover, founded in 2016 and...

Investments
AI Connected Fitness Startup Tempo Notches $220 Million
April 13, 2021

Silicon Valley fitness platform Tempo has raised $220 million in a Series C funding round led by SoftBank Vision Fund, according to Yahoo. Other backers included new investor Steadfast Venture Capital, and returning investors DCM, General Catalyst, Norwest Venture Partners and Bling Capital. This is the...

Investments
Fortnite Maker Hits $28 Billion Valuation With $1 Billion Funding Round
April 13, 2021

Epic Games, maker of the colossal hit Fortnite, said on Tuesday (April 13) that its latest funding round has raised $1 billion, bringing the gaming company’s valuation to $28.7 billion. As PYMNTS reported last month, Epic set out to raise $1.7 billion, double the amount...

Investments
Huawei Bets $1 Billion On Electric Car Market In China
April 12, 2021

Car companies around the world are speeding forward with their electric car programs. Now, Huawei Technologies Co. said it wants to take on market leader Tesla. Eric Xu, Huawei’s deputy chairman, said the company “will invest more than $1 billion on car component development this...

Investments
Indian Online Education Company Byju Grabs $1 Billion In Funding
April 11, 2021

Byju’s, the Indian online education startup, is raising around $1 billion from investors, Bloomberg reports, in an infusion valuing the company at around $15 billion. The company is also in talks to try and raise another $200 or $300 million, at a slightly higher valuation,...

Investments
India’s Delivery Startup Dunzo Aims At $1 Billion In Revenue
April 09, 2021

Dunzo, India’s Google-backed delivery startup, plans to double the amount of capital it has raised to expand across the country and become a $1 billion revenue business over the next two years, Bloomberg reported on Friday (April 9). Dunzo, which is based in Bengaluru, has...

Investments
Salesforce Invests $40 Million In Community Text Platform
April 09, 2021

Community, the text messaging platform that lets brands and celebrities message consumers and fans, has raised $40 million in investments from Salesforce, the company announced on Friday (April 9). This new round of funding brings the total amount raised to $90 million, with investments coming...