B2B marketplace and eCommerce payments platform Balance announced a $56 million Series B fundraising round Tuesday (July 26), bringing the company’s total funding to $87 million. Forerunner Ventures led Balance’s funding effort, according to the press release, with support from Salesforce Ventures, Hubspot Ventures, Lyra...
As European private equity (PE) funds adapt their strategies to the current climate of rising interest rates and a bear market, deals continue to pass the line despite a more cautious approach from investors and a longer-term exit vision. In the first half of the...
Ghost kitchen and restaurant technology hub Kitchen United raised $100 million in a Series C funding round to further evolve its multi-concept ordering technology platform currently being used by Burger King, Popeyes, Panera Bread, Wingstop, Brinker International and many others. The fresh infusion of capital...
B2B accounts payable (AP) Payments-as-a-Service (PaaS) company Finexio has closed a $30 million fundraising round at a $100 million pre-money valuation, according to a Monday (July 25) company press release. Mendon Venture Partners and National Bank Holdings Corporation led Finexio’s funding effort, with participation by...
Cartona, an Egyptian B2B eCommerce marketplace for the fast-moving consumer goods (FMCG) space, has raised $12 million in Series A funding. According to a Monday (July 25) press release, Cartona plans to use the funds to extend its footprint in Egypt, expand its product, services...
Barclays is reportedly buying a stake in crypto company Copper, which counts former U.K. Chancellor of the Exchequer Philip Hammond as an investor. According to unnamed sources, the lender will be joining a Copper funding round and investing a “few million” dollars, Bloomberg reported Sunday...
According to recent data from Pitchbook, European venture capital (VC) deal value hit €54.4 billion in the first half (H1) of 2022, with late-stage capital from international investors, larger traditional VC funds and nontraditional backers contributing 66.3% (€36.1 billion) to the total amount raised. The...
Independent live shopping platform Whatnot announced Thursday (July 21) that it has raised $260 million in a Series D round co-led by DST Global and CapitalG. The round also saw participation from BOND and returning investors Andreessen Horowitz and YC Continuity. Whatnot said it will...
Startups seeking seed and Series A funding are facing the leanest money landscape in more than 10 years and now have to show metrics that illustrate a strategy that leads to revenue and profits. The pandemic helped fuel an already robust funding environment that kept...
