A Seattle-based grocery startup named Swiftly has raised $15.6 million in a seed funding round to help smaller grocers compete with behemoths like Amazon and Walmart in the technology sector, according to reports. The company also announced a brand new “operating system for brick and...
Electric vehicle automaker Rivian has announced it received a $350 million investment from Cox Automotive, a global car services company, according to a report. The companies said in a statement that in addition to the investment, they will both “explore partnership opportunities in service operations,...
Nextdoor, a social network that aims to offer a community-centric feel, just closed a $170 million Series F funding round, according to reports. Four months ago, the San Francisco-based company announced it had a valuation of $2.1 billion and that it had raised $123 million....
Uber Freight has announced that it is investing $200 million to “put down roots” in Chicago. “Chicago is consistently at the forefront of innovation, from building America’s foundational transportation systems and its first skyscraper, to fostering world-class universities and research centers. The city has always...
The Canada Pension Plan Investment Board (CPPIB) invested $115 million in Indian logistics company Delhivery, according to reports. Delhivery is backed by Softbank and Carlyle, and valued at $1.5 billion. In March, the company got more than $400 million in a financing round led by...
Syte, a Tel Aviv startup that is building technology to help retailers and digital platforms sell merchandise through visual search, has raised $21.5 million in a Series B funding round, according to a report by TechCrunch. The funding round was led by Viola Ventures, with...
Car sharing marketplace Getaround is looking to raise up to $201.5 million in Series D extension funding, which would boost the company’s valuation at up to $1.7 billion. According to PitchBook, the final terms and details of the financing have not been announced and are...
The payment arm of Flipkart, PhonePe, has been valued at $7 billion by Morgan Stanley, according to reports. The news is good for Walmart, which owns a majority portion of Flipkart. Walmart shares hit an all-time high of $118 on Thursday (Sept. 5). PhonePe was...
IPOs are a bit like dating -- firms want to be as attractive as possible to investors getting in at the public debut. Money-losing WeWork is reportedly mulling slashing its own valuation to entice investors -- or maybe get some private capital and not go...
