Investments

Investments
Car Subscription Provider Finn Raises $110 Million to Add EVs
January 11, 2024

Car subscription provider Finn raised 100 million euros (about $110 million) in a Series C equity funding round. The firm will use the new capital to increase the share of electric vehicles (EVs) in its fleet from 40% to 80% by 2028, Finn said in...

Investments
Rivero Raises $7 Million to Expand Payment Automation Offering
January 11, 2024

Swiss FinTech Rivero plans to expand to new markets after raising $7 million. Rivero, which specializes in digitization and automation of payment processes, announced the Series A funding round in a Thursday (Jan. 11) press release, saying it would help the company speed growth across...

Investments
Sway Raises $19.5 Million to Enable ‘Customer-Centric’ Delivery and Returns 
January 11, 2024

Sway, formerly known as ReturnMates, has rebranded and raised $19.5 million in a Series A round to build a “customer-centric” delivery and returns platform.  The company will use the new funding to grow its team, enhance its technology and expand its coverage from 20 cities...

Investments
Microsoft Tops Apple as World’s Most Valuable Company 
January 11, 2024

Microsoft’s AI investments have helped it surpass long-time rival Apple as the world’s most valuable company. Shares in the software company climbed early Thursday (Jan. 11) to bring its market value to $2.87 trillion, ahead of that of Apple, the Financial Times (FT) reported. As the morning progressed,...

Investments
Exponent Co-Founder Eyes B2B Startups Riding ‘Growth Curves’
January 11, 2024

Mahdi Raza, co-founder and co-managing partner of Exponent Founders Capital, told Karen Webster that the landscape is changing for investors eyeing the digital transformation of various sectors — especially B2B. “A good valuation does not make a good investment,” Raza said. And as investor FinTech...

Investments
European eGrocer Picnic Raises $380M+ Amid Industry’s Digital Transformation
January 10, 2024

Around the world, grocery is increasingly shifting into the digital sphere, and investors are taking note. Dutch online grocer Picnic Technologies raised 350 million euros (about $384 million) in funding from investors, according to a LinkedIn post reshared to the company’s page Tuesday (Jan. 9),...

Investments
AppDirect Raises $100 Million to Fund Investment Program
January 09, 2024

B2B subscription commerce platform AppDirect received $100 million for its investment program. The new funding will support financing options for technology advisors through the AppDirect Capital Invest program, according to a Tuesday (Jan. 9) press release. “In today’s dynamic channel market, every technology advisor faces...

Investments
Whispp Raises $820K to Launch AI-Powered Assistive Voice Technology
January 09, 2024

Dutch startup Whispp raised 750,000 euros (about $820,000) in a seed round to launch its artificial intelligence-powered real-time assistive voice technology and calling app. Designed for people whose speech has been diminished by stuttering, throat cancer, vocal cord paralysis or Lou Gehrig’s disease, Whispp’s solutions...

Investments
Maalexi Raises $3 Million to Facilitate Cross-Border Trade for Agribusinesses
January 08, 2024

Maalexi has raised $3 million in a Pre-Series A funding round to continue building its cross-border trade platform for small agribusinesses. The platform connects buyers with sellers worldwide to reinforce the food supply chain and promote food security in the United Arab Emirates (UAE) and...