Investments

Investments
New Funding Values Digital Freight Firm Convoy at $3.8B
April 21, 2022

Convoy, a digital freight firm, has raised $260 million in new funding, bringing the value of the Seattle-based company to $3.8 billion, according to a Thursday (April 21) press release. “This new funding will enable Convoy to accelerate the development of its efficiency-focused technologies in...

Investments
Australian Spend Management Platform Archa Raises $24M
April 21, 2022

Australian corporate card and spending management firm Archa announced (April 19) it raised $4 million and lined up a $20 million debt facility. The funds will let Archa “materially accelerate our hiring, invest more in our growth and speed up our feature delivery over the...

Investments
Swedish Delivery Firm Instabox Raises $190M
April 21, 2022

Delivery service Instabox has raised $190 million in a growth equity round that valued the Swedish company at north of $1 billion. As Tech EU reported Thursday (April 21), the automated parcel locker company plans to use the funding to expand throughout Europe, upgrade its...

Investments
HR Platform Oyster Raises $150M, Reaches Unicorn Status
April 21, 2022

Global employment platform Oyster announced Wednesday (April 20) it raised $150 million in Series C funding at a valuation of more than $1 billion. According to Oyster’s announcement, the round was led by Georgian and also included Salesforce Ventures, LinkedIn, the Base10 Partners Advancement Initiative,...

Investments
Zubale Raises $40M to Expand Latam eCommerce Offering
April 20, 2022

Zubale, a software and gig collaborators marketplace that aims to fulfill eCommerce orders in Latin America, has raised $40 million in a Series A round that the company wants to use to tap into the region’s burgeoning digital commerce sector. “Retailers are experiencing great pressure...

Investments
Restaurant Tech Platform Foodics Raises $170M
April 20, 2022

Saudi restaurant tech firm Foodics has raised $170 million in a Series C round, the company announced on its website Wednesday (April 20). According to the announcement, the funding will support Foodics’ expansion regionally and internationally, including its merger and acquisition strategy. In addition, the...

Investments
Blockchain Developer BlockApps Raises $41M
April 20, 2022

Blockchain app and platform developer BlockApps raised $41 million in a new funding round, the company announced in a news release. The funding, according to the company, came from Liberty City Ventures, Morgan Creek Digital, Eidetic Ventures and Givic. Also participating, according to BlockApps, were...

Investments
NFT-Creating Platform Mintbase Announces Funding From Coinbase, Others
April 19, 2022

Non-fungible token (NFT) creation platform Mintbase, which claims to allow anyone, “including those with less technical backgrounds, to create their own digital assets verified on multiple blockchains,” announced a $7.5 million capital infusion Tuesday (April 19). Investors who participated in the funding effort include Coinbase...

Investments
Crypto Investor Framework Ventures Launches $400M Fund for Web3, DeFi
April 19, 2022

Framework Ventures Management, a U.S.-registered venture capital fund, Tuesday (April 19) announced in a blog post that it has completed the raising of $400 million for fund FVIII. The oversubscribed fund will invest in “early-stage blockchain gaming, Web3, and DeFi startups and networks,” the announcement...