funding

Funding is the act of providing financial resources, usually in the form of money, or other values such as effort or time, to finance a need, program, and project, usually by an organization or company.

Source: en.wikipedia.org

State Bank of India Backs Pine Labs with $20M

State Bank of India Backs Pine Labs with $20M
State Bank of India Backs Pine Labs with $20M
January 04, 2022  |  Investments

The State Bank of India (SBI), the country’s largest commercial bank, invested $20 million in the merchant commerce platform Pine Labs ahead of an expected...

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UK’s 2025 Full-Fiber Broadband Coverage Gets a Boost From Internet Service Providers
UK’s 2025 Full-Fiber Broadband Coverage Gets a Boost From Internet Service Providers
January 04, 2022  |  Mobile

U.K.-based broadband provider Truespeed announced Tuesday (Jan. 4) that it has secured a 100 million pound ($135.2 million) capital injection from global asset management company...

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French Telecom Orange Backs B2B Tech Fund 
French Telecom Orange Backs B2B Tech Fund 
January 04, 2022  |  Investments

Orange is investing in the “Move Capital I” fund in an effort to support future B2B tech “champions” in Europe, the French telecom announced Monday...

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Egypt’s B2B eCommerce Fashion Startup Gahez Raises $2M in Pre-Seed Funding
Egypt’s B2B eCommerce Fashion Startup Gahez Raises $2M in Pre-Seed Funding
January 03, 2022  |  Investments

Business-to-business (B2B) eCommerce fashion startup Gahez raised $2 million in a pre-seed funding round led by Disruptech Ventures, with participation from Egypt Ventures, Tanmeyah, Afropreneur...

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China’s Tencent Takes Stake in UK Challenger Bank Monzo
China’s Tencent Takes Stake in UK Challenger Bank Monzo
January 02, 2022  |  Banking

Tencent, the Chinese-based tech group, has a new stake in Monzo, which shows a big recovery in Monzo’s fortunes as it’s now valued at $4.5...

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Transigo Snags $70M in Funding From Israeli Companies 
Transigo Snags $70M in Funding From Israeli Companies 
January 02, 2022  |  Investments

Software-as-a-Service (SaaS) platform Transigo announced in a Wednesday (Dec. 29) press release that it has ended a $70 million funding round led by Israeli firms E.N....

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British Companies Targeting US Retail Investors
British Companies Targeting US Retail Investors
December 29, 2021  |  Markets

Nearly 30 firms that are either headquartered in the U.K. or have stock market listings in the region have registered for two major “over-the-counter” markets...

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Online Pharmacy Platform DiRx Nets $10M for US Expansion
Online Pharmacy Platform DiRx Nets $10M for US Expansion
December 28, 2021  |  Investments

DiRx, a digital health company offering savings on generic Food and Drug Administration-approved medication through an online pharmacy, has raised $10 million in Series A...

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