Airtable, a spreadsheet startup, ended a funding round with a new valuation of $2.5 billion, according to Bloomberg. Thrive Capital led the $185 million round, while existing investors Benchmark and Coatue Management, among others, also participated. The effect was to more than double Airtable’s $1.1...
Private equity firm Silver Lake is leading a group in a $650 million investment in buy now, pay later (BNPL) provider Klarna, according to a press release. Sweden-based Klarna, which provides the ability to pay for consumer goods with installments at a number of retailers,...
Talks have been revived for SoftBank to take itself private amid a series of disappointments to the company’s equity valuation compared to the value of its individual holdings, Financial Times (FT) writes. The company has seen numerous big asset disposals lately, and yet its $115...
Banco Santander is spinning off its FinTech venture capital fund into a new entity called Mouro Capital and is doubling its investment in the operation to $400 million, the Spanish financial giant announced on Friday (Sept. 11). “The decision to spin out its investment arm...
“Blank check” company Starboard Value Acquisition Corp. announced on Thursday (Sept. 10) that it had priced its upsized 36-million-unit initial public offering at $10 per unit. The units commenced trading later Thursday with the “SVACU” stock symbol, selling for as low as $9.97 and as...
New York-based Capitolis said in a press release that it had completed a funding deal with Citi, J.P. Morgan and State Street. Financial technology (FinTech) startup Capitolis designs and develops software that helps financial institutions (FIs) “optimize their balance sheets, which creates a fairer, safer and...
Zomato, India’s food ordering and delivery startup, has raised $102.5 million to power its growth. MoneyControl.com reported that Tiger Global Corp, better known as “The Tiger Fund,” a New York-based equity investment firm, led the fundraising deal, bringing Zomato’s market valuation to $3.4 billion. With this latest investment, the...
Chairish has reeled in an additional $33 million in venture backing for its high-end home furnishings marketplace. Austin-based Tritium Partners led the funding round that includes previous investors Altos Ventures, Azure Capital, O’Reilly AlphaTech Ventures and “the founding team.” “The online home furnishings category has...
Truepill, an online pharmacy powering delivery for direct-to-consumer healthcare brands, announced Wednesday (Sept. 9) that it closed on a $75 million Series C funding round. The San Mateo, California-based company said the cash will be used to introduce an at-home lab testing platform. The new service is...
