The largest franchisee of U.S. pizza chain Pizza Hut is reportedly considering options in the wake of financial woes, including bankruptcy. The news, reported by Bloomberg on Wednesday (Feb. 19), said that NPC International, which owns around 1,200 Pizza Huts, is about $1 billion in...
Online food delivery company HungryPanda has raised $20 million in a funding round led by Antoine Nussanbaum from Felix Capital and Laurel Bowden from 83North, according to a release. HungryPanda, which serves Chinese and North American restaurants, will use the capital injection to grow its...
Cybersecurity firm ZeroFOX closed a $74 million funding round led by Intel Capital that will be used to advance cyberattack detection and remediation, VentureBeat reported on Thursday (Feb. 20). Existing investors NEA, Highland Capital Partners, Redline Capital Management, Hercules Capital and Core Capital also participated...
Outrider wants to do for yard trucks what Waymo did for ridesharing, and what Einride did for trucking, by providing autonomous alternatives. The company has raised a $53 million haul toward doing so, according to reports. The company, founded in 2017, has a goal to...
SentinelOne, which provides monitoring and security services for laptops and any kind of device connected to a network, has picked up a $200 million Series E funding round, the company said in reports. The new development catapults SentinelOne’s value to $1.1 billion, and comes after a...
India’s largest food delivery company, Swiggy, has raised $113 million in a Series I funding round, according to a report by TechCrunch. The funding round was led by Prosus Ventures, a venture capital fund that caters to food delivery startups. The funding coincides with Zomato...
The largest bank in Japan, Mitsubishi UFJ Financial Group (MUFG), has invested over $700 million in Grab, a ride-hailing company in Southeast Asia that also provides food delivery and other services for its customers, according to a report by Bloomberg. The move will give MUFG...
FinTech companies are keeping an eye on investment trends as they aim to serve the needs of the marketplace. Venture capital (VC) and private equity firms, in general, have been investing in FinTech companies for years, and each firm has different specializations. Some firms focus...
Software development company Credify, based in Singapore, has raised $1 million in a seed funding round from SoftBank-backed artificial intelligence (AI) incubator Deepcore, as well as Beenext, according to a report. Credify, which was founded in 2019, said it plans to use the money to...
