Investments

Investments
Report: Twitter Takes Second Look at Musk Offer, May Negotiate
April 25, 2022

Twitter is still in talks to sell itself to billionaire Elon Musk with a deal possibly coming this week, The Wall Street Journal wrote. This comes just 10 days after the billionaire initially proposed to buy the social media giant for $43 billion. The two...

Investments
Elliott Management Backs SPAC Deal for Travel-Tech Company Mondee
April 24, 2022

Elliott Management, a hedge fund, will be investing in a special purpose acquisition company (SPAC), even as those have lost much of their appeal, a Financial Times report said Sunday (April 24). The SPACs, while once darlings, have recently not been doing well, leaving dealmakers...

Investments
Smart Kitchen Platform Fresco Announces $20M Fundraise as Consumers Seek Connected Convenience
April 22, 2022

The initial outbreak of the pandemic saw two conflicting patterns emerge when it comes to how consumers get their food needs met. On the one hand, more people were cooking at home, exploring new recipes and learning new techniques. On the other, the rise of...

Investments
Tencent Buys Stake in UK Business Payments FinTech Previse
April 22, 2022

Giant Chinese technology holding company Tencent is leading a funding round in British FinTech Previse, SkyNews reported Thursday (April 21). The entire round Series B round Tencent is leading, SkyNews reported, will be about $10.4 million. The investment would value Previse at about $91 million....

Investments
Tofino Capital Supports B2B Startups in Developing Nations With $10M Fund
April 22, 2022

Tofino Capital, an early-stage venture capital firm that says it will seek investments in emerging markets, has launched a $10 million fund and has a $5 million close toward the goal, TechCrunch reported Thursday (April 21). The firm was founded, according to its website, by...

Investments
Campspace Notches €3M to Drive Sustainable Stays
April 21, 2022

Sustainable vacation booking platform Campspace raised €3M in a funding round led by VNV Global, former Booking.com board member David Vismans and former executive Andrea Carini, according to multiple reports on Thursday (April 21). Campspace also acquired its German competitor Pop-Up Camps. With the acquisition...

Investments
Pillar Raises $16.9M to Help Immigrants, Refugees Get Credit
April 21, 2022

Pillar raised 13 million pounds ($16.9 million) in a pre-seed funding round led by Global Founders Capital and Backed VC. The startup specializes in providing immigrants with access to credit products when moving to a new country, TechFundingNews reported on Thursday (April 21). Founded by...

Investments
Money Automation Startup Flow Your Money Picks Up €3.5M
April 21, 2022

Money automation solutions startup Flow Your Money notched €3.5 million ($3.8 million) in seed funding led by Eleven Ventures, Silicon Canals reported Thursday (April 21). The round also saw participation from RockSalt, Payhawk founder and CEO Hristo Borisov, Booking.com’s Marnix van der Ploeg, Silverflow co-founder...

Investments
Funding Circle Founder Raises $30M to Disrupt Payments Giants
April 21, 2022

Funding Circle co-founder Samir Desai secured $30 million from investors to back his new payments startup in a push to disrupt legacy players like Visa and Mastercard, Sky News reported on Wednesday (April 20), citing unnamed sources. Desai, who stepped down as Funding Circle CEO...