Investments

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. 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...

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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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...

Investments
US Growth Could Hamstring Investments In Emerging Markets
April 08, 2021

Rosier prospects of growth in America could spell trouble for investments in emerging markets as investors choose to put their money into more robust economies, The Wall Street Journal reported on Thursday (April 8). Get the Full Story Complete the form to unlock this article...

Investments
$72 Billion In Funding Marks Record-Setting Quarter For Startups
April 08, 2021

The first quarter of 2021 marked a record-setting time for startup funding, with investors pumping $72.7 billion into North American tech startups’ growth-stage rounds. As Crunchbase reported on Thursday (April 8), that total is the highest in the history of the dataset. Q1 funding was...