Digital payments platform AeroPay has raised over $5 million in a venture funding round to expand its reach in the cannabis industry and further develop features of its product, the company announced in a Monday (March 8) press release. The round was led by Chicago Ventures,...
Online events provider Looped has raised $7.7 million in a seed funding round for its interactive virtual venue platform, according to a press release emailed to PYMNTS. The round, which was led by Will Ventures, included over 90 investors, including early-stage venture funds and angel...
Virtual events provider Hopin has raised $400 million in a Series C funding round, the company announced on Thursday (March 4), valuing the platform at $5.65 billion. The funding will help scale the platform’s operations and meet growing customer demand. Hopin’s technology, already in use...
Home insurance group Hippo Enterprises Inc. plans to go public by merging with special purpose acquisition company (SPAC) Reinvent Technology Partners Z, according to a Thursday (March 4) announcement. “Through this strategic partnership with Reinvent and an incredible team of world-class entrepreneurs, investors, and employees,...
Deliverr has raised $170 million in new funding, with $135 million of that being Series D funding led by Coatue, according to a company blog post. Another $35 million was a convertible note led by Brookfield Technology Partners, the post stated. Other existing investors like...
Special purpose acquisition company (SPAC) buyers are looking at more stringent, aggressive terms as the popularity of these types of investments grows, Bloomberg reported. Some of those looking at higher restrictions include bosses like SoftBank founder Masayoshi Son and Silicon Valley investor Vinod Khosla, the...
German urban air mobility (UAM) startup Volocopter has raised €200 million, or $240 million, to help certify and launch its battery-powered city air taxi, VoloCity. The company expects the air taxi to be open for commercial routes within the next two years. The Series D...
Delivery startup Instacart is now valued at $39 billion — double its previous valuation — after its latest fundraise of $265 million, according to a blog post on Tuesday (March 20). The new funding was led by existing investors including Andreessen Horowitz, Sequoia Capital, D1...
As the COVID-19 pandemic continues to put lives at risk around the world, consumers are becoming increasingly accustomed to technologies that offer COVID-safe alternatives for potentially dangerous activities — and demand is only growing for such solutions. In Europe, where the vaccine rollout is progressing...
