The funds are flowing for companies large and small as they announce the outcome of recent investment rounds. From small startups to large consortiums, these companies are raising a glass in thanks to their investors.
Here’s what they raised this week, by the numbers:
$4 million | Seed funding raised by Long Game savings app, led by Collaborative Fund and Thrive Capital. Long Game encourages lottery winners to save rather than spend, netting an average $60 in savings per user per month.
$12 million | New equity secured by Blispay, the financing company for online merchants. Lead investors for this round and others include FirstMark, Accomplice, NEA, Camden Partners, and F-Prime Capital.
$107 million | Funding raised by R3, the distributed ledger technology group, in what the consortium said is the first of two tranches in its Series A round. SBI Group, Bank of America Merrill Lynch and HSBC led the investment.
$200 million | R3 consortium’s initial fundraising goal, which has been lowered to $150 million after Goldman Sachs, Santander and JPMorgan Chase got out of the investing talks.
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$116 million | Venture capital funding landed by TransferWise, a London FinTech startup, as it rolls out a new foreign exchange account to supplement its international money transfer offerings.
