The first-ever U.S. bank-led cannabis equity offering isn’t doing well. In fact, shares of CannTrust Holdings fell as much as 14 percent in New York on Thursday (May 2), marking the sixth day of declines and the lowest level since January. The decline came after...
Payments solution company Checkout.com has raised $230 million in a recent fundraising round, a number that heightens its valuation to almost $2 billion, according to a report by Reuters. Participants in the round included Singapore’s sovereign wealth fund GIC, New York’s Insight Partners and Hong...
Plum, a FinTech chatbot app created to help people manage money, has raised $4.5 million in a funding round, reaching a total of $6.3 million, according to a report by TechCrunch. The round was led by VentureFriends and the European Bank for Reconstruction and Development....
A freight forwarding startup in Europe has raised $30 million in a Series B funding round. FreightHub, headquartered in Berlin, aims to replace what it views as antiquated methods for freight forwarding, such as outdated IT systems and non-automated processes. According to a report, the...
Toyota AI Ventures, the venture capital arm of Toyota, has announced the launch of Fund II, a $100 million fund that will invest in early-stage startups that are developing disruptive technology and business models in autonomous mobility and robotics. In a press release, Toyota AI...
Plaid, the FinTech platform provider that recently raised $250 million in venture funding, is gearing up to expand into Europe. According to a report in Financial News, based on open positions at Plaid, the company is looking to hire 10 or more people for jobs...
BlackBuck, the India-based logistics startup that connects businesses with truck owners, has raised $150 million in venture funding. A news outlet, citing the company, reported the Series D round was led by Goldman Sachs Investment Partners and Accel. The fundraising gives the company a valuation...
Cabify is looking to raise between 100 million ($112 million) and 300 million euros as it prepares for an initial public offering (IPO). Citing anonymous sources, Bloomberg reported that the IPO could take place next year. A spokesman for Cabify, which is currently valued at around...
On-demand delivery app Glovo, which is similar to Postmates in that it promises to deliver anything, has raised $169 million in a Series D funding round, according to a report. The round was led by Lakestar and Drake, the company that owns Papa John’s. Other...
