Investments

Investments
The Vets Gets $40M in Funding Toward Tech-Focused Pet Care
January 27, 2022

Tech-focused pet care platform The Vets has announced $40 million in seed funding, according to a press release emailed to PYMNTS. The funding will go towards prioritizing expansion for recruitment nationwide. Currently, the company operates in Miami, Tampa, Dallas, Austin, Houston, Portland, Seattle, Las Vegas...

Investments
Pershing Square Fund Acquires 3.1 Million Shares of Netflix
January 27, 2022

William Ackman, a billionaire investor, has said his hedge fund Pershing Square has acquired 3.1 million shares of Netflix stock, The Wall Street Journal reports. The move came after a stock selloff recently for the streaming giant. Pershing Square said it bought the stake because...

Investments
Tuum Notches $16.9M for its Next-Generation Banking Network
January 26, 2022

Estonia-based FinTech Tuum, formerly Modularbank, announced a 15 million euro ($16.9 million) funding round, according to Sifted. The round was led by Portage Ventures, a global investor focused on FinTech companies, and was joined by existing investors Karma Ventures and Blackfin Capital Partners. Tuum said the new funding...

Investments
Philippines’ B2B Platform GrowSari Raises $45M From KKR
January 26, 2022

Business-to-business (B2B) platform GrowSari raised $45 million from global investment firm KKR in an extended, oversubscribed Series C funding round, according to a press release on Wednesday (Jan. 26). The startup based in Manila, Philippines, launched in 2016 and is focused on helping sari-sari stores,...

Investments
HealthTech Infermedica Raises $30M
January 26, 2022

Infermedica, a digital health company specializing in artificial intelligence-powered preliminary diagnosis and triage solutions, has raised $30 million in a Series B funding round, the company announced Wednesday (Jan. 26). This round was led by One Peak, the London-based venture capital company that invests in tech-enabled...

Investments
UK InsurTech Laka Nets $12M for eMobility Solution
January 26, 2022

London-based cyclist InsurTech startup Laka has secured more than 10.6 million pounds ($12 million) to advance its insurance model, EU-Startups reported Wednesday (Jan. 26). The round was led by California-based early-stage venture capital firm Autotech Ventures, Amsterdam sustainable mobility investor Ponooc and European bank ABN AMRO...

Investments
SumUp Seeks Fresh Capital at $22B Valuation
January 26, 2022

London-based global payments service provider SumUp could launch a fundraising round that would value the company at about 20 billion euros (about $22 billion), Bloomberg reported Wednesday (Jan. 26). SumUp could push to raise more than 500 million euros (about $562 million) from investors in...

Investments
Barcelona eCommerce Delivery Platform Paack Ends $225M Series D Funding Round
January 26, 2022

Barcelona-based eCommerce delivery startup Paack recently completed a 200 million euro ($225.6 million) Series D fundraising round, according a Tech.eu report Wednesday (Jan. 26). SoftBank Vision Fund 2 led Paack’s latest funding round, with participation from new investors Infravia Capital Partners, First Bridge Ventures and...

Investments
Live Entertainment Startup Fever Raises $227M
January 26, 2022

Calling it the largest funding round ever for a business of its type, live-entertainment platform Fever said it has raised $227 million. Announced Wednesday (Jan. 26), the round, led by Goldman Sachs, values Fever at more than $1 billion. The funding also “builds on the...