Investments

Investments
VC Firm White Star Capital Launches $120M Web3 Fund
April 11, 2022

White Star Capital has launched a $120 million Digital Asset Fund (DAF) to back crypto networks and blockchain-enabled Web3 businesses, the venture capital platform announced in a news release Monday (April 11). “The DAF investment team takes a deeply research-driven approach and applies both a...

Investments
Pax8 Notches $185M to Expand SMB Tech Platform
April 11, 2022

Cloud commerce marketplace Pax8 brought in $185 million in a funding round that raises the company’s valuation to $1.7 billion, according to a Monday (April 11) press release. New investor SoftBank Vision Fund 2 led Pax8’s funding effort with participation from existing investors Catalyst Investors,...

Investments
Diligent Robotics Wraps $30M Series B Funding Round
April 11, 2022

Diligent Robotics has raised more than $30 million in a Series B funding round, the Austin-based automation company said in a news release Monday (April 11). Founded in 2017, Diligent makes service robots and artificial intelligence (AI) solutions that let robots work within human environments....

Investments
Hybrid Office Furniture Startup Branch Raises $10M in Series A
April 11, 2022

Office furniture startup Branch, which specializes in designs for remote and hybrid workers, raised $10 million in a Series A funding round to accelerate the development of new products for both home and corporate offices. “Many of us spend more time interacting with office furniture...

Investments
Metaverse Ambitions Raise Epic Games up to $31.5B Valuation
April 11, 2022

Fortnite maker Epic Games announced it was worth $31.5 billion Monday (April 11) after securing $2 billion in funding from Sony and the owner of the Lego Group. As Reuters reported, the investment is designed to boost the metaverse partnership Epic had formed with Lego...

Investments
Tive Picks Up $54M to Advance Supply Chain, Logistics
April 11, 2022

Supply chain and logistics visibility firm Tive raised $54 million in a Series B funding round to help fuel its international footprint and expand sales and marketing initiatives, according to a press release on Monday (April 11).  The funding was led by AXA Venture Partners,...

Investments
Nubank Invests $650M to Expand to Colombia, Mexico
April 11, 2022

Nubank, Latin America’s most valuable listed bank, announced Monday (April 11) that it is investing in a $650 million credit line to expand into Colombia and Mexico. As Reuters reported, the new funds are a three-year line of credit in Colombian and Mexican pesos and...

Investments
Nigerian FinTech ImaliPay Raises $3M in Seed Round to Bring Financial Services to Gig Workers
April 10, 2022

FinTech startup pioneer ImaliPay has closed a seed funding round for $3 million, IBS Intelligence wrote Friday (April 8). Founded in late 2020 in Nigeria, the company’s services allow eRide hailing drivers and gig workers to get access to working capital, which was ascertained to...

Investments
PayU Part of Treinta’s Record-Setting Fundraising Effort
April 07, 2022

Online payments solutions provider PayU was part of Latin American small- to medium-sized enterprise (SME) super-app Treinta’s $46 million Series A financing round, according to a company press release Thursday (April 7). The round is the largest Series A in Colombian history and one of...