Investments

Investments
Automotive eCommerce Firm AutoFi Closes $85M in Financing to Accelerate Growth
March 07, 2022

AutoFi, a San Francisco-based eCommerce platform for online car sales and financing, has closed $85 million in funding, valuing the company at nearly $700 million, according to a Monday (March 7) press release. The company will use the capital to fast-track its investment in its...

Investments
UAE BNPL Tabby Raises $54M in Series B Funding Round
March 07, 2022

Buy now, pay later (BNPL) startup for Saudi Arabia and the UAE Tabby raised $54 million in a Series B funding round led by Sequoia Capital India and Saudi venture capital firm STV, according to multiple media reports.  The firm has so far raised $180...

Investments
Zeller Bank Becomes Unicorn with Latest $100M Funding
March 04, 2022

Australian digital business bank Zeller raised $100 million in a Series B funding round that gave the startup a $1 billion valuation and brought its investment total to more than $181 million since June 2020. The two-year-old FinTech is co-founded by two former Square executives:...

Investments
B2B Sales Platform Apollo.io Lands $110M
March 04, 2022

B2B sales intelligence platform Apollo.io announced Thursday (March 3) it had closed a $110 million Series C funding round led by Sequoia Capital. “We raised this round to further improve our platform, accelerate our growth and achieve our vision to make the go-to-market process effortless...

Investments
Helicopter Taxi Company Volocopter Raises $170M in Financing Round
March 04, 2022

Volocopter, an aircraft manufacturer that calls itself a pioneer in urban air travel, has raised $170 million in a Series E funding round, the company announced Friday (March 4). The German firm said the cash will be used to help license Volocopter’s electric passenger air taxi...

Investments
Germany’s Early Stage Investor Capnamic Raises $215M
March 03, 2022

Capnamic Ventures, the German-based early-stage investor, announced its latest capital fund totaling $215 million Thursday (March 3). The company said the money will focus on pre-seed to Series A investments in German tech startups. “Since its inception, Capnamic has been dedicated to one goal only:...

Investments
Tech Unicorn Insider PTE Nets $121M, Hits $1.2B Valuation
March 03, 2022

Insider PTE, the Turkey-based artificial intelligence (AI) company, received $121 million in funding, bringing its valuation to $1.2 billion, as global funds direct more cash into the country’s tech startups, the company announced Thursday (March 3). The latest cash investment came through a Series D...

Investments
Payroll Solution Firm Atomic Adds $40M in Series B Funding Round
March 03, 2022

Payroll connectivity solutions platform Atomic on Thursday (March 3) announced it raised $40 million through a Series B funding round that will help the company continue to build its payroll connectivity ecosystem geared toward “consumers with limited access to financial services.” Mercato Partners and Greylock...

Investments
NFT Infrastructure Startup Rarify Raises $10M at $100M Valuation
March 03, 2022

API-based NFT infrastructure startup Rarify raised $10 million in a Series A funding round at a $100M valuation led by Pantera, according to a press release emailed to PYMNTS on Thursday (March 3). The new funding follows a $2 million seed round backed by Pareto,...