Investments

Investments
CellPoint Raises $30 Million for Travel Sector Payment Orchestration
November 21, 2024

Travel-industry-focused payment orchestration firm CellPoint Digital has raised $30 million in new funding. The financing, from Toscafund and Penta Capital, will help speed the launch of CellPoint’s Offer Order Service Delivery (OOSD) payment orchestration platform, created to power the travel industry’s transformation toward modern airline retailing, the company said in a...

Investments
Thrive Capital Reportedly Weighing $1 Billion Databricks Stake
November 14, 2024

Thrive Capital is reportedly in discussions to invest $1 billion in analytics software maker Databricks. This deal would value the company around $55 billion, Bloomberg News reported Thursday (Nov. 14), citing sources familiar with the matter. Those sources say Thrive is expected to lead a share sale, allowing some...

Investments
Fleek Raises $20 Million to Expand Secondhand Apparel Platform
November 12, 2024

London-based startup Fleek reportedly raised $20.4 million to expand its secondhand clothing platform. Fleek works with roughly 10,000 resellers and retailers in 70 countries, moving 2.5 million secondhand clothing items from 1,000 wholesale suppliers, TechCrunch reported Tuesday (Nov. 12. The company was founded by friends...

Investments
Ualá Eyes Banking Expansion After $2.75 Billion Valuation
November 11, 2024

Argentina’s Ualá has reportedly raised $300 million, valuing the FinTech at $2.75 billion. “We’re going to use this to scale Argentina, where my goal is to be the largest bank in the country, not just by users but by book,” founder and CEO Pierpaolo Barbieri said in an interview with...

Investments
Physical Intelligence Raises $400 Million to Develop Robot Software
November 04, 2024

Robotics startup Physical Intelligence has reportedly raised $400 million in early-stage funding. The funding round, which included participation from Amazon founder Jeff Bezos and OpenAI, values the company at $2 billion, Reuters reported Monday (Nov. 4), citing PitchBook data. According to the report, Physical Intelligence aims to develop software...

Investments
Melio to Grow AP/AR Platform With $150 Million Fundraise
November 01, 2024

Melio raised $150 million in a Series E funding round to fuel the growth of its accounts payable (AP) and accounts receivable (AR) platform by expanding its B2B partnerships. The company has seen its revenue increase tenfold over the past three years, driven by an...

Investments
Airwallex Reportedly Targets $6 Billion Valuation in New Funding Round
October 30, 2024

Payments platform Airwallex is reportedly in discussions to raise $200 million. The Singapore-based company aims to close the funding round at the end of the year, targeting a $6 billion valuation, Bloomberg reported Wednesday (Oct. 30), citing unnamed sources. “As a rapidly scaling company, we...

Investments
UK’s CybaVerse Raises $1.4 Million to Expand Cybersecurity Team
October 29, 2024

U.K. cybersecurity firm CybaVerse is expanding its team after raising $1.4 million. The company announced the fundraise on its website Monday (Oct. 28), saying it would use the capital to speed the development of its platform and expand its team. It has already appointed three...

Investments
Capital One and USAA Invest in Security Firm Tidal Cyber
October 28, 2024

Security firm Tidal Cyber says it has landed investments from Capital One and USAA. The investments will help enhance the company’s enterprise edition platform and fuel the adoption of Tidal’s “threat-informed defense” offering, according to a Monday (Oct. 28) news release. In addition the investments will help accelerate Tidal’s go-to-market...