French cloud company Pricemoov has raised $10 million to expand its price management tool. The Series A funding round, announced in a Wednesday (April 12) press release, arrived during a difficult capital environment for European companies. It will allow Pricemoov to add to its team,...
As funding evaporates, venture capital firms are seeking an oasis in the Middle East. Groups like Andreessen Horowitz, Tiger Global and IVP have in the past weeks sent teams to Qatar, the United Arab Emirates and Saudi Arabia, the Financial Times (FT) reported Wednesday (April...
Severe investor belt-tightening caused global funding to nosedive 53% year over year. That’s according to a Crunchbase report, which also found that 2023 is off to a rough start for Europe’s startup ecosystem, with firms only raising $10.6 billion in funding in the first quarter...
Technology and investment group e& has acquired a majority stake in the Careem super app. With the firm’s investment of $400 million — the completion of which is subject to regulatory approvals and other closing conditions — the Careem super app will spinout from Uber Technologies subsidiary Careem, the companies said...
What does the downfall of Silicon Valley Bank mean for the venture debt sector? It’s a question asked by a Monday (April 10) report in The Wall Street Journal (WSJ) report, which noted that SVB had helped pioneer the crucial-for-startups venture debt field. When the...
Rodeo has reportedly raised $5 million for its “operating system for gig economy workers.” The London-based company was founded in 2021 and its app has been used by more than 9,000 gig workers, UKTN reported Thursday (April 6). The firm will use the new funding...
Funding to U.S. tech startups reportedly plummeted 55% during the first quarter of 2023. Those companies raised $37 billion in venture capital (VC) in the first three months of the year, the lowest level in 13 quarters, Bloomberg News reported Thursday (April 6), citing data...
Spendflo has raised $11 million for its platform for buying, managing and securing software-as-a-service (SaaS). The firm will use the new funding from this Series A round to continue growing the product that already helps companies that are investing in SaaS centralize their intake and...
Germany’s Finanzguru is $14 million richer after a new PayPal Ventures-led funding round. The Frankfurt-based financial advice/banking app announced the funding — co-led by SCOR Ventures — on Tuesday (April 4), saying it would use the money to expand its platform and “significantly” add to...
