PYMNTS-MonitorEdge-May-2024

Today in Data: Investment News Update

Money makes the world go around, and there’s certainly no disputing that issue.

Without regular rounds of fundraising, it would probably be very difficult to both get companies off the ground and stay afloat during the first few years of business or when there’s a new project on the horizon. From the mobile industry to cybersecurity and financial services, there are a wide range of companies sharing funding news this week.

Here are the numbers:

$150 million | Samsung round of funding to help European startup scene

$32 million | Series B round of financing for cybersecurity company Deep Instinct

$120 million | Automotive Ventures round of investment to launch new fund

$66 million | Series B round of financing for financial services company Revolut

$1.6 million |  Rental tech startup Zently‘s round of funding

PYMNTS-MonitorEdge-May-2024