Kenyan FinTech company IMFact, which uses supply chain financing to provide working capital to microbusinesses and small- to medium-sized businesses (SMBs), has received an investment from FSD Africa Investments in the amount of 3 million British pounds (about $4 million), according to a press release....
Indian artificial intelligence-powered seafood marketplace startup Captain Fresh recently closed a $40 million Series B fundraising round that it will use to “build tech interventions and deeper tech integrations across the supply and demand-side network,” according to the company announcement. Among those innovations are a...
GoDaddy, best known as a website builder and domain-registry firm, has just received an $800 million infusion of capital from activist investor Starboard Value LP. The investment gives Starboard an estimated 6.5% stake, the Wall Street Journal reported on Monday (Dec. 27), citing sources. What...
v, according to reports. The state-owned company listed in Hong Kong — China Cinda Asset Management Co.— invested approximately $942 million in Ant’s new subsidiary Chongqing Ant Consumer Finance Co., giving them a 20 percent stake. Cinda Asset is one of China’s four biggest bad...
Metro Africa Express (MAX), a Nigerian mobility tech startup, has raised $31 million in a Series B funding round and is looking to enter more African markets as it continues to establish the transportation sector, TechCrunch reported. The funding will go toward extending vehicle financing...
Dawatech, a healthtech company from Jordan, has gotten a seven-digit investment round from multiple companies, according to a Tuesday (Dec. 21) press release. The investments will go towards Dawatech’s planned expansion into Saudi Arabia and the company’s business-to-business (B2B) marketplace. Dawatech offers cloud-based, software-as-a-service (SaaS)...
Headless commerce platform Bolt is eyeing a $14 billion valuation and close to $400 million in funding following an almost $400 million Series E funding round at an $11 billion valuation, The Information reported Tuesday (Dec. 21), citing three sources. Bolt powers an eCommerce checkout...
Arcade recently closed a $15 million Series A fundraising round to bring collateralized lending that connects non-fungible tokens (NFTs) to decentralized finance (DeFi), according to a CoinDesk report on Wednesday (Dec. 22). Arcade will use the fresh capital to build products and add new employees,...
Artificial intelligence (AI) machine learning software and content company Teren, formerly known as SolSpec, has raised $4 million in seed funding. “The change reflects the company’s focus on analyzing how landscapes, environmental threats and asset conditions change over time through actionable 4D insights,” Teren said...
