HMD Global, the exclusive licensee of the Nokia brand for tablets and smartphones, notched a $230 million investment from some of its leading strategic partners with the “first closing” of its current funding round. The funding would continue to propel the company’s strategic vision forward...
Zibo, which works to provide streamlined and accessible financial services for landlords, has raised $10.5 million in a seed round led by Canaan Partners, according to a press release. QED Investors, Khosla Ventures and SVB Capital also participated in the round, the release stated. The...
Volante Technologies, which works in cloud payment processing, announced a $35 million growth equity funding round led by Wavecrest Growth Partners, according to a press release. The round was also financed by strategic participation from BNY Mellon, Citi Ventures, PostePay and Visa Inc, the release...
Voice-focused deep learning tech firm Syntiant has notched $35 million in a Series C funding round. Applied Ventures, LLC and M12, the venture fund of Microsoft, headed up in the financing, according to a Tuesday (August 4) announcement from Syntiant. Alpha Edison, Miramar Digital Ventures and...
Japanese eCommerce and payments platform hey announced a Series E investment led by Bain Capital, a press release says. The round was also supported by PayPal Ventures, Goldman Sachs, YJ Capital, Anatole, and existing investor World Innovation Group, according to the release. Hey works in...
Berlin-based AUTO1 Group said on Thursday (July 30) it has raised $300 million from investors and plans to put the new funding toward developing its retail brand Autohero, Reuters reported. AUTO1 Group, a digital used car platform, said its new Autohero brand will sell secondhand...
Remitly, which works to provide remittances and financial services for immigrants, announced an $85 million funding round amid a worldwide surge in demand for those kinds of services, a press release says. Prosus’s PayU, an existing investor, led the round with a $1.5 billion valuation,...
Fitness equipment maker Tempo, whose home workout systems retail for nearly $2,000, has seen its valuation hit $250 million amid a massive surge in interest as the pandemic shut down brick-and-mortar gyms. The San Francisco company just raised $60 million in venture funding that the...
Humana is placing a $100 million bet that the future of healthcare can be found in a 21st-century version of the old-fashioned house call. The health insurance giant on Wednesday (July 29) announced that it will invest $100 million in Los Angeles-based Heal, which bills...
