Investments

Investments
Crypto Treasury Management Firm Coinshift Raises $15M
May 17, 2022

Crypto treasury management company Coinshift said Tuesday (May 17) that it had raised $15 million in a Series A funding round and was set to launch a new version of its platform. According to a news release, the round was led by Tiger Global, along...

Investments
Earlybird Investment Portfolio Includes 2 New Unicorns as It Closes $370M Fund
May 17, 2022

Berlin-based Earlybird Venture Capital has closed its seventh early-stage fund from its Digital West investment team at a cap of 350 million euros (about $370 million), according to a Tuesday (May 17) press release, while the company is among the investors in a pair of...

Investments
Fashion Supply Chain Platform Fashinza Raises $100M
May 17, 2022

Fashinza, a B2B marketplace/supply chain platform for fashion brands and retailers, has raised $100 million in a Series B funding round. According to a Tuesday (May 17) news release, the funding followed a 12-month period in which the India-based Fashinza grew its business ten-fold, crossing...

Investments
Airbnb CEO, Obamas Debut Public Service Scholarship Fund
May 16, 2022

Barack and Michelle Obama will be working alongside Airbnb co-founder and CEO Brian Chesky to roll out a scholarship, called the Obama-Chesky Scholarship for Public Service, to support college graduates looking to get into public service, Bloomberg wrote Monday (May 16). This will provide students...

Investments
PayPal Vets Launch $158M Fund to Advance FinTech
May 16, 2022

Early-stage venture capital firm Infinity Ventures is launching its inaugural $158 million fund to help fuel FinTech infrastructure, commerce enablement and other startups that align with its model and portfolio. Infinity Ventures’ model helps take the risk out of execution by applying the operation and...

Investments
Digital Grocery Delivery Startup Buymie Picks up $7.3M in Fresh Funding
May 16, 2022

Online grocery delivery startup Buymie has secured 7 million euros (about $7.3 million) to continue building out technology for its digital ordering and delivery capabilities and enhance its ability to serve customers, EU-Startups reported Monday (May 16). The fresh capital will also be used for...

Investments
HealthTech Platform MEDZnMORE Secures $11.5M to Scale Drug Authentication
May 13, 2022

Pakistan-based HealthTech platform MEDZnMORE raised $11.5 million in a pre-series A funding round to boost better authenticate medications across the country, Magnitt reported. “We’re spending most of our energies on building scalable technology that can handle the complexities that come with … supply chain and...

Investments
Nigerian FinTech Unicorn Interswitch Raises $110M for Expansion
May 13, 2022

Interswitch, a Nigerian digital payments company that is Africa’s second unicorn, has raised $110 million to help it expand, according to multiple news reports. The strategic investment came from LeapFrog Investment and Tana Africa Capital, which will work with Interswitch to “advance the payment ecosystem...

Investments
ApnaKlub Raises $10M Towards B2B Wholesale Platform Improvements
May 12, 2022

B2B wholesale platform ApnaKlub, which works with fast-moving consumer goods (FMCG), has raised $10 million in a funding round, the Economic Times of India wrote Thursday (May 12). The report said ApnaKlub will use the funds to move further into credit and supply chain financing,...