Partech has closed its second Africa fund at 245 million euros (about $262 million). Partech Africa II is designed to support the next generation of entrepreneurs across the continent, and the fund closed above its target fund size, the venture capital firm said in a...
Wisor AI has secured $8 million in seed funding to grow its freight booking software solution. The company’s artificial intelligence (AI)-powered solution replaces manual processes and legacy tools and helps freight forwarders plan, price and book shipments in seconds rather than hours or days, Wisor...
Figure Technologies has reportedly cut its funding goal and may spin off some product lines. Bloomberg reported Monday (Feb. 6) that the startup building blockchain-based financial products aims to raise $100 million — one-third of the amount it had planned earlier and seemed to be...
Scotland-based digital pharmacy Phlo has reportedly raised 10 million pounds (about $12 million) in Series A funding. The digital pharmacy will use the new capital to expand the reach of both Phlo Digital Pharmacy, which offers patients same-day delivery of medications in two British cities,...
eCommerce data platform Triple Whale has raised $25 million in a Series B funding round. The round, led by NFX and Elephant, with strategic participation from Shopify, will let the Ohio company expand to larger brands, and invest in automation and artificial intelligence (AI), Triple...
ShopUp has raised $30 million to expand its B2B commerce platform in Bangladesh. The firm will use the new debt financing to build supply chain infrastructure and expand the financial services it offers to small- to medium-sized businesses (SMBs), ShopUp said in a Thursday (Feb....
Intelligence platform Craft has raised $32 million to help companies track supplier networks. The company announced the Series B equity financing Wednesday (Feb. 1), saying it would use the funds to accelerate research and development and deepen its go-to-market execution. Based in San Francisco, Craft offers a...
Egypt’s MNT-Halan has raised $400 million at a valuation of over $1 billion. The funding was announced by the Cairo-based FinTech on Monday (Feb. 1). The largest chunk of the fresh capital was from Chimera Abu Dhabi, which has invested more than $200 million in...
TransUnion has invested in British open banking and data intelligence firm Bud Financial Limited. The global information and insights company said in a Tuesday (Jan. 31) press release that this partnership will drive innovation in the personal finance market and greater financial inclusion among consumers....
