Investments

Investments
eCommerce Platform SamCart Raises $82M in Series B
April 07, 2022

Creator-focused eCommerce platform SamCart has raised $82 million in a Series B funding round, the Austin, Texas-based company announced in a news release Thursday (April 7). According to SamCart, the investment will help the company expand its teams and platform features to meet creator demand...

Investments
B2B Wholesale Platform Peeba Raises $4.2M to Support Asian Retailers
April 07, 2022

Online B2B wholesale platform Peeba has raised $4.2 million in seed funding to help retailers in Asia cope with pressure from the pandemic. The Hong Kong company said in a news release Thursday (April 7) it will use the funds to “deepen its localization efforts...

Investments
LogicSource Closes $180M Growth Investment
April 07, 2022

LogicSource, a provider of technology solutions and procurement services, has raised $180 million, the Connecticut-based company announced Thursday (April 7). The funding will allow LogicSource to enhance its tech and data offerings, introduce new verticals and invest in client-focused growth initiatives to drive profits for...

Investments
NordVPN Parent Reaches Unicorn Status
April 07, 2022

Nord Security, the Lithuanian cybersecurity firm whose products include the popular NordVPN, completed its first external fundraising round and in the process broke the $1 billion valuation barrier, Nord announced in a Wednesday (April 6) blog post. The round totaled $100 million, according to Nord,...

Investments
AgriTech Better Origin Raises $16M for AI-Powered Sustainable Farms
April 07, 2022

Better Origin, the AgriTech startup that uses artificial intelligence-powered insect farms to repair the broken food chain, has raised $16 million to help return the chain to its sustainable roots, the lead funder announced Thursday (April 7). The funding will be used to hire staff...

Investments
GoTo’s Post-IPO Ascent Is Far From a Done Deal
April 06, 2022

GoTo’s initial backers can expect very healthy returns on investment, indeed — but one wonders what’s next. As noted in this space last week, GoTo Group has gotten the go-ahead to list its shares publicly in an initial public offering (IPO) that would be worth...

Investments
Accounting Platform Docyt Closes $11.5M Series A
April 06, 2022

Docyt, an accounting automation software platform for small- to medium-sized businesses (SMBs), has raised $11.5 million in a Series A funding round. As the company said in a Wednesday (April 6) news release, Docyt (pronounced “docket”) will use the money to expand its workforce and...

Investments
Binance.US Brings in More Than $200M in First Fundraising Round
April 06, 2022

Binance.US, the American arm of the world’s largest cryptocurrency exchange by trading volume, recently closed its first external fundraising effort, bringing in more than $200 million at a pre-money valuation of $4.5 billion, according to a CoinDesk report Wednesday (April 6). The company will use...

Investments
Trucking Platform SmartHop Raises $30M, Plans Expansion
April 06, 2022

Smart trucking platform SmartHop announced Wednesday (April 6) it’s poised to expand following a $30 million Series B funding round. The Miami company said in a press release that it will use the funding to scale its platform and expand its team, with efforts “geared...