Investments

Investments
Virtual Surgery Firm Raises $20M
August 11, 2022

A company whose platform lets surgeons experience simulated procedures in a controlled training environment has raised $20 million in venture capital. FundamentalVR, which is based in London, said in a Thursday (Aug. 11) announcement that the Series B round will fund technology development and expansion in...

Investments
Payments Tech Firm Finix Raises $30M
August 10, 2022

Payments technology company Finix has raised $30 million in new capital, bringing the firm’s total funding to $133 million. “Finix raised at an increased valuation despite the more challenging economic environment this year,” the company said in a news release Wednesday (Aug. 10). Backers of...

Investments
QED Investors Makes First African Investment in TeamApt
August 10, 2022

TeamApt, a Nigerian business payments and banking platform, has just closed a financing round that includes investments from the FinTech specialist venture capital firm QED Investors, TeamApt announced Wednesday (Aug. 10). In a press release emailed to PYMNTS, CEO Tosin Eniolorunda said that “with this...

Investments
Expedock Raises $13.5M to Help Freight Forwarders Improve Use of Data
August 10, 2022

Freight software provider Expedock has raised $13.5 million in Series A funding that it will use to expand its team and help supply chain businesses better understand and operationalize their data. The freight forwarding industry has long been behind others in the use of technology,...

Investments
Dana Raises $250M to Expand Digital Wallet Use
August 10, 2022

Indonesian digital wallet company Dana is looking to expand after raising $250 million from local firm Sinar Mas and Alibaba’s Lazada Group. Dana CEO Vince Iswara said the company wants to invest in new technology and debut new financial services, Bloomberg reported Wednesday (Aug. 10)....

Investments
Shopic Bags $35M for Smart Cart Grocery Tech
August 09, 2022

Tel Aviv-based grocery tech startup Shopic has raised $35 million in a Series B funding round led by Qualcomm Ventures, which saw participation from Vintage Investment Partners and Clal Insurance. Existing investors IBI Tech Fund, Tal Ventures, Claridge Israel and Shufersal also supported the round,...

Investments
ReturnLogic Raises $8.5M to Expand Returns Management Software
August 09, 2022

Returns management software provider ReturnLogic has raised $8.5 million in a Series A funding round, according to a Tuesday (Aug. 9) press release. Based in Philadelphia, ReturnLogic provides software for eCommerce brands and retailers. The company said in the release it will use the capital...

Investments
Indian Wealth Management Firm Dezerv Raises $21M
August 08, 2022

India-based wealth management startup Dezerv has raised $21 million in a financing round led by Accel. As the Economic Times reported Monday (Aug. 8), the company hopes to use the funding to strengthen its user experience, launch new investment opportunities and expand its talent pool....

Investments
B2B Food Delivery Platform Deliveristo Nets Over $7M in Funding
August 08, 2022

Deliveristo, a Milan-based food delivery platform that connects restaurant owners and suppliers, has raised €7 million ($7.14 million) in a funding round led by Vertis. The round also saw participation from United Ventures SGR, Azimut Libera Impresa SGR, Gellify Digital Investments, Doorway and several angel...