Helcim, a Canadian payments company for small- to medium-sized businesses (SMBs), has closed on a $16 million Series A funding round, the Calgary company announced Monday (March 21). The latest funding will be used to launch new products designed to make it easier for businesses...
Finance automation platform Ramp grabbed $750 million in financing to bring its valuation to $8.1 billion, according to a Monday (March 21) company press release. Ramp’s funding round included $200 million in fresh equity funding led by Founders Fund, with participation from all major existing...
Indonesian B2B marketplace Ralali has wrapped the first tranche of its Series D funding round, raising an undisclosed amount. As Tech in Asia reported Monday (March 21), the company says it is still open to strategic partnerships with companies in the banking, logistics, point-of-sales, and...
Application management platform Bionic has closed a Series B round for $65 million, according to a Monday (March 21) press release emailed to PYMNTS. Per the release, Bionic’s services are useful due to the business adoption of CI/DC, microservices and serverless technologies, where the surface...
Profishop, which sells equipment for business and industry directly from manufacturers, has announced $35 million in new funding, which it plans to use to expand, Yahoo reported last week. Profishop’s offers business-to-business (B2B) supplies like power tools, workbenches, agricultural equipment and office supplies. It deals...
Big U.S. investment banks have taken a $4.6 billion revenue hit from the freeze on equity raisings, a Financial Times report said. A drought in initial public offerings (IPOs) this year arrived with the recent volatility on the market. Morgan Stanley, JPMorgan Chase, Bank of...
Blockchain-based travel distribution startup TravelX has raised $10 million in seed funding that it will use to tokenize inventory in the travel space and develop new ways of distribution, according to press release Tuesday (March 15). Borderless Capital led TravelX’s fundraising effort, with participation by...
Chinese artificial intelligence (AI) startup Aibee closed a fundraising round of about $100 million that pushed its valuation to more than $1 billion, making it a unicorn, according to a Thursday (March 17) Bloomberg report. Smartphone maker Xiaomi Corp led the funding effort, with participation...
Connected rowing machine maker Hydrow has raised $55 million in Series D funding, the company said in a Thursday (March 17) news release. The company says the new money will help fund product innovation and global expansion, while also boosting brand awareness and scale operations....
