Investments

Investments
Zurich FinTech neon Closes $5M Round For Mobile Banking Expansion
September 23, 2019

Zurich-based FinTech company neon announced it has closed a $5 million fundraising round led by Tamedia. Zurich-based Backbone Ventures and several existing investors also participated in the round. “Neon is a simple and mobile banking solution that, even though very easy to use, offers a...

Investments
SoftBank’s Hard Landing Among The Tech Unicorns
September 23, 2019

Rise by the tech unicorn, sink by the tech unicorn. The decision by the We Company – the parent firm of office-sharing company WeWork – to shelve the WeWork IPO has led to a bit of boardroom drama. As noted, to begin the week, there...

Investments
Uber’s Kalanick Invests In India’s Biggest Shared Kitchen Company
September 23, 2019

Travis Kalanick, founder of Uber who was ousted after a series of scandals, has made his next big investment, according to reports. Kalanick’s real estate company City Storage Systems has bought a stake in Rebel Foods Pvt in India, a cloud kitchen company. The deal...

Investments
Sweetgreen Closes $150M Funding Deal On A $1.6B Valuation
September 23, 2019

Restaurant disruptor sweetgreen raised $150 million in a new funding round co-led by Lone Pine Capital and D1 Capital Partners, sweetgreen said in a press release on Monday (Sept. 23).   Existing investors also participated in the round, putting sweetgreen’s valuation at $1.6 billion. The company...

Investments
Foundry Group Leads $30M Seed Funding For Matchstick Ventures
September 22, 2019

Minneapolis-St. Paul-based Matchstick Ventures raised $30 million in a second seed funding round led by Foundry Group, reports said on Friday (Sept. 20). Matchstick Ventures said it will use the money to fund startups in the Rockies as well as in the northern U.S. that...

Investments
Lookiero Shopping Service Secures $19M In MMC-Led Round
September 20, 2019

Online personal shopping service Lookiero revealed it has closed a $19 million funding round led by London-based MMC Ventures, as reported on Friday (Sept. 20). Existing investor All Iron Ventures and new investors Bonsai Partners, 10x and Santander Smart also participated in the round. The...

Investments
Future State Brands Raises $25M For Cannabis Investments
September 20, 2019

A cannabis consumer goods and marketing holding company led by PRØHBTD CEO and Founder Drake Sutton-Shearer has launched with $25 million in funding, according to a Sept. 20 press release. Formerly PRØHBTD Global, Future State Brands (FSB) oversees a portfolio of THC, hemp and CBD brands,...

Investments
UniZest Opens £300K Seed Round For Int’l Student Banking In UK
September 20, 2019

UniZest, which provides banking services for international students, revealed it has opened a £300,000 public seed round on cross-border fundraising and trading platform Funderbeam. The company will use these new funds to develop and improve the online experience for existing customers via the launch of...

Investments
Darkstore eCommerce Fulfillment Firm Raises $21M
September 20, 2019

Darkstore announced that it has raised a $21 million Series B round led by EQT Ventures. This latest round brings Darkstore’s total raise to more than $30 million. It plans to use this new funding to expands its general team, as well as the management team....