Investments

Investments
Last-Mile Delivery Firm Onfleet Raises $23M in Series B Round
June 07, 2022

Last-mile delivery management software platform Onfleet has raised $23 million in a Series B fundraising round that it will use to accelerate its technological growth and expand its product and engineering capabilities, according to a company press release Tuesday (June 7). Businesses call on Onfleet...

Investments
BaaS Provider LHV UK Raises $38M to Pursue British Banking License
June 07, 2022

Banking-as-a-Service (BaaS) provider LHV UK has raised 30 million British pounds (about $38 million) to finance the creation of a new British bank, UK Tech News reported Tuesday (June 7). The capital came from an oversubscribed rights issue organized by parent company LHV Group, based...

Investments
Israeli CyberSecurity Firm Perimeter 81 Valued at $1B
June 06, 2022

Israeli cybersecurity firm Perimeter 81 entered unicorn territory Monday (June 6) following a funding round that valued the company at $1 billion, according to a company press release. The $100 million round, led by B Capital, represented a five-fold jump in valuation from its last...

Investments
B2B Metal Marketplace Felux Raises $19M
June 03, 2022

Felux, an online B2B marketplace and supply chain platform for steel and other metals, has raised $19 million in a Series A funding round, according to a Friday (June 3) press release. Based in Cleveland, Felux offers three products: a digital platform to help give...

Investments
Incognia Grabs $15.5M to Increase Its ID Fraud-Fighting Efforts
June 02, 2022

Mobile identity platform Incognia on Thursday (June 2) finalized a $15.5 million Series A fundraising round that it plans to use for continued growth of its identity fraud-fighting work, with more than 200 million mobile users in more than 20 countries among its customer base....

Investments
Finance Platforms Help Small Game, App Developers Level Up
June 02, 2022

As inflation runs rampant, consumer spending might be ripe for a pullback. But at least some industries — the beneficiaries of disposable income — are more resilient than others. Olya Caliujnaia, co-founder and CEO of Sanlo, told PYMNTS that there’s an insatiable need for people...

Investments
Global VC Investments in Crypto Top $15B So Far in ’22
June 01, 2022

Despite the turbulence in cryptocurrency, venture capitalists are still buying in, Bloomberg reported Wednesday (June 1). Venture capital has been seeing something of a slowdown according to research from PitchBook, with global investments in crypto startups totaling $9.7 billion. And two-thirds of the way into...

Investments
Huuva Raises $5.22M for Virtual Restaurant Platform
June 01, 2022

Finnish delivery kitchen startup Huuva has raised more than $5.2 million in an investment round, saying it will use the money to expand across Central Europe, add 100 new employees and increase its neighborhood-first focus, according to a Tech Funding News report Wednesday (June 1)....

Investments
Slice Notches $50M to Expand UPI Product
June 01, 2022

FinTech unicorn Slice raised $50 million (Rs 388 crore) in a Series C funding round led by previous backer Tiger Global and new investor GMO Venture Partners, with participation from GMO Venture Partners, Moore Strategic Ventures and Insight Partners. Slice is earmarking the fresh infusion of capital...