Investments

Investments
Bill Ackman Backs Web3 OP Venture Fund 1 in $50M Fundraise
March 07, 2022

Billionaire Bill Ackman has thrown his support behind a Web3 venture fund focused on the metaverse, gaming, social media and decentralized finance, according to a Monday (March 7) report from Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
Naqla Raises $10.5M for Egyptian Logistics Platform
March 07, 2022

Egyptian trucking technology platform and marketplace Naqla raked in $10.5 million in a Pre-Series A fundraising round that it will use “to invest further in its commitment to advancing technology and digitization,” according to a company press release Monday (March 7). Get the Full Story...

Investments
CIBC Pledges $12M to Help Salon-Booking App Phorest Grow
March 07, 2022

London-based CIBC Innovation Banking has invested $12 million in growth financing in Phorest, an online booking and management software platform for salon owners. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Fintech Investments
Today in FinTech: Collab Brings Perks; Canada’s Loanz Heads to US; AutoFi Funding Goes Towards...
March 07, 2022

In today’s FinTech news, J.P. Morgan tells PYMNTS that there are many benefits buyers and sellers can realize when they collaborate, while Canadian FinTech lender Loanz plans to expand into the U.S. Get the Full Story Complete the form to unlock this article and enjoy...

IPO
Intel’s Self-Driving Car Unit, Israeli Firm Mobileye, Files for IPO
March 07, 2022

Intel Corp.’s self-driving car division, Mobileye, has filed for an initial public offering (IPO), Bloomberg reported Monday (March 7), a few months after the chipmaker said it was planning to go public in the middle of 2022. Get the Full Story Complete the form to unlock...

Investments
NFT Trader Immutable Notches $200M Series C at $2.5B Valuation
March 07, 2022

Immutable, an Aussie startup for trading NFTs on Ethereum, raised $200 million in a Series C funding round at a valuation of $2.5 billion, according to a press release on Monday (March 7). Get the Full Story Complete the form to unlock this article and...

IPO
Pending Mobileye IPO Might See Bumpy Road Ahead
March 07, 2022

For Intel’s Mobileye unit, we’ll have to wait a bit to get a peek at company-specific financials. 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...

Investments
B2B Seafood Seller Captain Fresh Valued at $500M After Series C
March 07, 2022

Indian B2B seafood and meat marketplace startup Captain Fresh has more than doubled its valuation to $500 million since the beginning of the year following a $50 million Series C round. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
Automotive eCommerce Firm AutoFi Closes $85M in Financing to Accelerate Growth
March 07, 2022

AutoFi, a San Francisco-based eCommerce platform for online car sales and financing, has closed $85 million in funding, valuing the company at nearly $700 million, according to a Monday (March 7) press release. Get the Full Story Complete the form to unlock this article and...