Tagged: investment round

BTC Adoption in LatAm: Stablecoin Issuer Tether Participates in $1B Investment to Build Bitcoin Mining Farm in El Salvador

Tether, the company operating the fintech platform tether.to that powers the first and most “widely used” stablecoin in the world, announced it “has participated in the first round of a new billion dollar renewable energy initiative in El Salvador.” Following on its mission to invest… Read More

MENA Region’s Fintech Tabby Closes New Financing, Upsizing Warehouse Debt Facility to $350M

Tabby, the MENA region’s shopping and financial services app, has successfully closed a new financing round “resulting in upsizing its debt facility to $350 million, over a 2X increase since its last debt raising announcement.” The investment round reportedly “involved the participation of key global… Read More

Artificial Intelligence: Sana Raises Additional $28M Led by NEA to Build Universal AI Platform for the Enterprise

Sana, the AI-powered learning and knowledge platform, announced it’s landed another $28M in an opportunistic investment round led by NEA. Workday Ventures also joined the round. With a combined total of $62M in Series B funding, the Swedish-born scaleup is now “one of the most… Read More

AI-Powered Hyro Raises $20M to Advance Responsible Artificial Intelligence-Enhanced Communications for Enterprise

Hyro, which claims to be the leader in plug-and-play conversational artificial intelligence (AI), announced that it has finalized a $20 million Series B funding round led by Macquarie Capital, with participation from new investors Liberty Mutual Strategic Ventures, Black Opal Ventures, and K20, as well… Read More

Web3: Binance Labs Co-Leads $6.6M Seed Round for Fusionist to Support Web 3.0 Gaming Innovation

Binance Labs, the venture capital arm and accelerator of Binance, has co-led a $6.6 million seed funding round for Fusionist, a Web3 gaming company, alongside Web2 gaming giant FunPlus in May 2022. The move aligns “with Binance Lab’s commitment to supporting early-stage Web3 gaming projects… Read More

UK’s Red Flag Alert, a Business Data Intelligence Provider, Secures £4.5M Investment from Foresight, Uncapped

Red Flag Alert are the UK’s provider of business data intelligence and analytics to predict growth, global compliance risk and insolvency, based in Manchester. The company have “announced £ 4.5 million in funding from Foresight and Uncapped.” The company, based in Manchester, where it “employs… Read More

CUR8 Raises £5.3M to Support Carbon Removals Industry

Founded by serial Fintech entrepreneur Marta Krupinska, climate scientist Dr. Gabrielle Walker and net-zero expert Mark Stevenson, CUR8 is the market maker for carbon removals. Removing carbon emissions from the atmosphere is critical “to limit global warming to 1.5 degrees and reach net zero by… Read More

Fintech NomuPay Raises $53.6M to Provide Enterprises with An ‘All Access Pass’ for Payments

NomuPay, a modern end-to-end payment platform purpose built for expansion into regions of high cross-border and ecommerce growth, has raised $53.6m. The investment round was “led by Finch Capital, and includes participation from Outpost Ventures, a Neuberger Berman fund, with participation from individuals.” Peter Burridge,… Read More

Web3: PayPal Ventures Leads $52M Round for Magic, a Non-Custodial Wallet-as-a-Service

Non-custodial wallet-as-a-service (WaaS) provider and web3 onboarding solution to expand its enterprise-ready product suite to support growing customer base. Magic, which claims to be the leading wallet-as-a-service (WaaS) provider, has announced it has raised $52 million in a strategic funding round led by PayPal Ventures,… Read More

SaaS Subscription Platform Sastrify Finalizes $32M Series B

The team at Sastrify are pleased to announce our $32M Series B financing round, “led by Endeit Capital and joined by Simon Capital and previous investors HV Capital, FirstMark and TriplePoint Capital.” This additional funding supports their mission “to build the next-generation platform for buying… Read More

Manchester’s Energy Tech Firm UrbanChain Raises £5.25M Series A

UrbanChain announced that it has raised a £5.25m Series A round led by global investment firm Eurazeo through its venture expertise dedicated to the Climate and Smart City space. Launched in 2017, the Manchester headquartered energy technology company “runs the a peer-to-peer (P2P) energy exchange… Read More

Datasembly, Provider of Real-Time Product Pricing, Closes $16M Series B

Datasembly, the provider of real-time product pricing, promotions, and assortment data for retailers and CPG brands, announced it has secured $16 million in funding “led by Noro-Moseley Partners with participation from Grotech Ventures, Topmark Partners and Staley Capital.” Datasembly reportedly “provides critical software and tools… Read More

Unlimited Raises $8M Series A to Continue Making Alternative Investment Strategies Available to Investors

Unlimited, a new investment firm that gives all investors exposure to the alpha-generating potential of alternative investment strategies without the high fees and adverse tax implications of typical fund structures, announced that it has “raised $8 million in Series A financing led by FirstMark and… Read More

Fintech Firm NYMBUS Raises $70M Series D

NYMBUS, a provider of Fintech solutions, is proud to announce the completion of its Series D funding round of $70 million, made up of new and repeat investors. This investment round was “led by global software investor Insight Partners and bolstered by additional investments from… Read More

Nue.io Secures Funding to Help Firms Respond to Dynamic Economy with Pricing, Sales, Finance Tools

Nue.io, the quote-to-revenue platform, announced that it has raised $9 million in seed extension funding to expand its product offerings and accelerate growth. The investment round was “co-led by Bluefish Ventures and Penny Jar Capital, with participation from NJP Ventures and Operator Stack and existing… Read More

Payment Processing Infrastructure Provider Episode Six Announces $48M Series C

Episode Six (E6), a global provider of enterprise-grade payment processing and digital ledger infrastructure, announced a $48 million Series C financing led by Avenir, a growth stage investment firm “focused on category defining, tech-enabled companies.” The investment round also “included additional participation by existing investor,… Read More

Latin America: Stablecoin Issuer Num Finance Raises $1.5M via Pre-Seed Round

Num Finance, which claims to be the “premier” issuer of local stablecoins in Latin America, announced it has “raised $1.5 million following the closure of its pre-seed funding round led by Reserve.” Investors in the round also “included H20 Scouter Fund, VC3, Ripio Ventures, and… Read More

Artificial Intelligence: FlowX.AI Finalizes Series A to Support Application Modernization at Large Banks

FlowX.AI, the AI enterprise application modernization platform for large financial services organizations, announces that it has raised a $35 million Series A funding round. The investment round was “led by London-based Dawn Capital, Europe’s leading specialist B2B software investor, with existing investors PortfoLion, SeedBlink, and… Read More

Philippines: Netbank, the Banking as a Service Platform, Finalizes Series A Round

Netbank, the Filipino banking as a service platform, is pleased to announce the successful completion of its Series A investment round. The investment round was led by Beenext, a prominent regional venture capital firm, with participation from leading Filipino investors: Kaya Founders and Oak Drive… Read More

Web3 Developers Back RedStone’s Cross-Chain Expansion with Investment Round

RedStone, originator of the next-generation decentralized finance oracle platform, has announced an exclusive $350,000 angel investment round led by Web3 professionals including Stani Kulechov, Sandeep Naiwal, Alex Gluchovski and Emin Gün Sirer. The support from a host of Web3 pioneers “demonstrates the pronounced need for… Read More

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