Sportswear retailer Fanatics has closed a $1.5 billion investment round that values the company at $27 billion, The Wall Street Journal (WSJ) reported Wednesday (March 2). Fidelity Management and Research Co., funds managed by BlackRock and Michael Dell’s family office, known as MSD Capital, were...
Ivory Coast- and France-based health insurance startup Susu is being backed with $1 million in pre-seed funding, Yahoo! Finance reported. The 3-year-old HealthTech said the cash couldn’t come at a better time, given the scarcity of quality healthcare in Africa due to the lack of insurance...
Robotic delivery startup Starship Technologies raised a total of $100 million in the past 30 days, including a $42 million Series B funding round, as demand soars for its autonomous delivery services. The Series B was led by NordicNinja and Taavet+Sten, with participation from TDK...
Mexican eCommerce logistics company 99minutos has raised $82 million in a Series C funding round, the company said in a news release Wednesday (March 2). The round, led by OAK HC/FT, along with existing investors Kaszek and Prosus Ventures, will allow the company to scale...
Digital health startup Nayya Health, which offers a recommendation engine to help people choose benefits and a digital robotic process assistant (RPA), has closed a $55 million Series C equity round, according to a press release Tuesday (March 1). Venture capital firm ICONIQ Growth led...
Payments and expense platform Payhawk raised an additional $100 million at a valuation of $1 billion, in an extended Series B funding round led by Lightspeed Venture Partners, making the startup Bulgaria’s first unicorn. Also participating in the funding were new investors Sprints Capital, Endeavor...
Malaysian FinTech MX Global on Tuesday (March 1) secured an equity investment from cryptocurrency and blockchain platform Binance and an investment in Redeemable Convertible Preference Shares (RCPS) by digital business solutions provider Cuscapi Berhad. These new capital injections will allow MX Global to “build brand...
Instant money movement platform TabaPay has received backing from the SoftBank Vision Fund 2, the world’s largest tech-centric investment fund. The investment, announced in a news release Tuesday (March 1), “validates TabaPay’s vision and expansion of products and services to power future growth,” the company...
FinTech investor CommerzVentures has closed a 300 million euro ($334 million) funding round designed to support companies in the FinTech, InsurTech and climate FinTech sectors. The round, announced Tuesday (March 1) on the German company’s website, brings the total funding under management to 550 million...
