Investments

Investments
Selfbook Completes $15M Series A Fundraising Round Extension
March 08, 2022

Hotel payment software startup Selfbook on Tuesday (March 8) wrapped up a $15 million extension of its Series A financing round, bringing the total to $40 million for the round and raising the company’s valuation to $300 million, about 2.5 times the valuation it secured...

Investments
Retail Tech Firm Swiftly Raises $100M in Series B Round
March 08, 2022

Retail technology platform Swiftly secured $100 million in a Series B funding round that it will use to offer an enhanced digital shopping experience to more brick-and-mortar retailers, capture digital advertising dollars and build customer loyalty, according to a Tuesday (March 8) press release. Wormhole Capital...

Investments
ID Verification FinTech Thirdfort Raises $20M
March 08, 2022

ID verification firm Thirdfort announced this week it has raised $20 million thanks a recent investment from Breega and Element Ventures. Based in the U.K., Thirdfort offers a risk engine for corporate clients in the legal, property and finance sectors, letting them carry out know...

Investments
FinTech Stax Reaches Unicorn Status Following $245M Funding
March 08, 2022

Minority-led, all-in-one payments platform Stax reached unicorn status with a valuation of just over $1 billion after raising $245 million from Greater Sum Ventures, HarbourVest Partners and Blue Star Innovation Partners, according to a press release on Tuesday (March 8). The investors will serve as...

Investments
Bill Ackman Backs Web3 OP Venture Fund 1 in $50M Fundraise
March 07, 2022

Billionaire Bill Ackman has thrown his support behind a Web3 venture fund focused on the metaverse, gaming, social media and decentralized finance, according to a Monday (March 7) report from Bloomberg. The fund, called OP Ventures Fund I, has been closing in on $50 million...

Investments
Naqla Raises $10.5M for Egyptian Logistics Platform
March 07, 2022

Egyptian trucking technology platform and marketplace Naqla raked in $10.5 million in a Pre-Series A fundraising round that it will use “to invest further in its commitment to advancing technology and digitization,” according to a company press release Monday (March 7). El Sewedy Capital Holding,...

Investments
CIBC Pledges $12M to Help Salon-Booking App Phorest Grow
March 07, 2022

London-based CIBC Innovation Banking has invested $12 million in growth financing in Phorest, an online booking and management software platform for salon owners. Dublin-based Phorest will use the funding to expand its market growth and boost the launch of new products, the company said in...

Investments
NFT Trader Immutable Notches $200M Series C at $2.5B Valuation
March 07, 2022

Immutable, an Aussie startup for trading NFTs on Ethereum, raised $200 million in a Series C funding round at a valuation of $2.5 billion, according to a press release on Monday (March 7). The funding was led by Temasek, with participation from new investors ParaFi...

Investments
B2B Seafood Seller Captain Fresh Valued at $500M After Series C
March 07, 2022

Indian B2B seafood and meat marketplace startup Captain Fresh has more than doubled its valuation to $500 million since the beginning of the year following a $50 million Series C round. The founding round — led by existing investors Prosus Ventures and Tiger Global, along...