Investments

Investments
Gable Raises $16M to Streamline Remote Work
March 01, 2023

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...

Investments
Stripe Slashes Valuation of $55B Funding Campaign
March 01, 2023

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...

Investments
Payments Data Platform Pagos Raises $34M to Build Out Its Solution Suite
February 27, 2023

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...

Investments
Spex Capital Launches $120M HealthTech Fund
February 27, 2023

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...

Investments
Domino’s Post-Earnings Plummet Drives CE100 Index Lower by 4.2%
February 27, 2023

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)...

Investments
PayPal Urges Investors to Reject TRC Mini-Tender Offer
February 26, 2023

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...

Investments
American Companies Like Starbucks, Ralph Lauren Bet on China’s Post-COVID Recovery
February 26, 2023

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...

Investments
CyberSmart Raises £13M to Expand Cybersecurity Solutions for Small Businesses
February 24, 2023

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,...

Investments
Kemiex Secures Equity Investments for Raw Materials Procurement Platforms
February 24, 2023

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...