Israeli startup Gable has raised $16 million to make advances to its remote work tool. Companies “find it hard to provide workspaces across locations, stay on top of budgets, and have insight into how the spaces are being utilized,” Co-founder and CEO Liza Mash Levin...
Stripe has lowered the valuation of its $55 billion fundraise by around 10%. The reduction was reported late Tuesday (Feb. 28) by The Information, which notes that the payments processing company has faced troubles in obtaining the funding at a time when finding investments is...
Payments intelligence platform Pagos announced an oversubscribed $34 million Series A fundraise on Monday (Feb. 27) as investors bet on the value of providing deeper data insights into payments. Pagos was founded in 2021 by former leaders at Braintree, Venmo, PayPal, Stripe, eBanx, Klarna and...
The U.K.’s Spex Capital has debuted a $120 million fund to support digital healthcare and MedTech startups. The Spex Venture Health-Tech Fund, announced in a Monday (Feb. 27), will support early-stage HealthTech ventures with investments of up to $6 million and arrives at a time...
The CE 100 slipped 4.2%, as the “Eat” sector helped lead all pillars lower, down 7.3% And within that group, earnings continued to roll in. Management sentiment about the state of the consumer and the impact of inflation (at least when it comes to pizza)...
PayPal is asking its investors to reject an unsolicited offer by TRC Capital for 2 million of its shares. The so-called “mini-tender” offer — revealed in a Friday (Feb. 24) news release — represents “significantly less than one percent” of PayPal’s common stock. “PayPal recommends...
American companies in several industries are banking on increased post-pandemic consumer demand from China. A report Sunday (Feb. 26) by The Wall Street Journal (WSJ) cites a number of examples of this trend, including Starbucks and McDonald’s opening new locations, “I remain more confident than...
CyberSmart has raised 12.75 million pounds (about $15 million) in a Series B round. The company — which provides cybersecurity solutions for small- to medium-sized businesses (SMBs) — will use the new capital to expand its business internationally and build out its cyber insurance offering,...
Kemiex AG has secured equity investments for its procurement, sales and intelligence platforms for physical raw materials. With the new capital — the amount of which was not disclosed — Kemiex will enhance its technology and expand the scope of its product, the company said...