Investments

Investments
InsurTech Firm Vitesse Closes on $26M in Series B Funding
February 10, 2022

Vitesse, the United Kingdom-based FinTech, secured $26 million in Series B funding, the company announced Thursday (Feb. 10). This latest round will enable the global payment, liquidity and treasury management platform to connect with the growing digitization of the insurance sector across Europe and in...

Investments
New Funding Could Value Klarna at $60B
February 10, 2022

Swedish buy now, pay later (BNPL) firm Klarna is considering a new funding round that would make it the most valuable startup in Europe, with a valuation of $50 billion to $60 billion. That’s according to a report from Bloomberg News Thursday (Feb. 10), citing...

Investments
Forbes Nears NYSE Listing After $200M Binance Investment
February 10, 2022

Digital publisher Forbes is inching closer to a New York Stock Exchange listing through a merger with special purpose acquisition company (SPAC) Magnum Opus Acquisition Limited after a $200 million investment by cryptocurrency exchange Binance, according to a CoinBase report Thursday (Feb. 10). Forbes, which...

Investments
Germany’s Ada Health Series B Ends at $120M
February 10, 2022

Digital health company Ada Health has raised $30 million as part of an extension of its Series B round from last year, bringing the total funding to $120 million. The Berlin-based company announced the news on its website Thursday (Feb. 10), saying the funding would...

Investments
Spirits and Tech Startup Endless West Raises $60M in Series C
February 09, 2022

Spirits and tech startup Endless West announced Wednesday (Feb. 9) that it has raised $60 million in a Series C funding round, bringing its total investments to $95 million. Endless West uses a tech-driven process to make molecular spirits, with the products helping drive sustainability...

Investments
Egyptian Startup Thndr Raises $20M to Make Investing Available to the Underbanked
February 09, 2022

Thndr, a Cairo-based digital investment platform, announced a $20 million Series A investment Thursday (Feb. 9). The company said the funding will be used for product development and to expand Thndr’s presence across the Middle East and North Africa (MENA). This latest round was led...

Investments
NFT Creator Animoca’s Funding Round Nears $500M With KKR Involvement
February 09, 2022

Private equity company KKR & Co. is in talks to join the latest fundraising round for Hong Kong-based metaverse gaming company Animoca Brands Corp., bringing the effort near $500 million and the company’s pre-money valuation to $5 billion, insiders told Bloomberg Wednesday (Feb. 9). Animoca raised...

Investments
Scandit Continues Global Expansion for Personalized Retail Experiences
February 09, 2022

Scandit, which develops augmented reality (AR) and mobile computer vision technologies, is tapping into the cameras on smart devices to interact with retail items and bring more personalized experiences to shoppers, according to a company announcement Wednesday (Feb. 9). The company has wrapped up an...

Investments
PayPal, Carlyle Put $100M to Expand German Digital Commerce Platform Shopware
February 08, 2022

Shopware announced Tuesday (Feb. 8) that it has raised $100 million in a funding round, with investments coming from PayPal and global investment firm Carlyle. Shopware’s services include an omnichannel digital commerce platform, with features supporting business-to-consumer (B2C), direct-to-consumer (D2C), business-to-business (B2B) and services-driven business...