Fund News

Cube Lands $30M in Series-B After Seeing 400% ARR Growth

Financial planning and analysis (FP&A) platform Cube, based in New York City, raised $30 million in Series B funding.

Silver Lake Capital to Invest $500 Million in Shadowbox Studios

Silver Lake Capital has announced a strategic investment of $500 million in Shadowbox Studios. The investment will support Shadowbox’s growth strategy. Furthermore,...

Egypt’s e-commerce Enters a New Phase

Egyptian President Abdel Fattah Al-Sisi has waived the condition for establishing start-ups virtually through a yet-to-be-released government platform.

Etsy Invests $25 Million for New Purchase Protection Program

Etsy, the online marketplace, announced that it will launch a new Purchase Protection program for shoppers and sellers on its platform. Buyers...
1k kirana

1K Kirana, a Hyperlocal Shopping and Distribution Network, Mops Up $25 Million in Series...

1K Kirana is an Indian business that runs a famous hyperlocal shopping app and retail distribution network. It has raised $25 million...
Inflection AI

Inflection AI Raise $225 Million to Improve AI Solutions

Inflection AI, a start-up co-founded by DeepMind and LinkedIn, is trying to make it simple and easy for people to communicate with...
Caribou

Caribou Becomes Unicorn After Mopping Up $115 Million

Caribou formerly MotoRefi, became Unicorn after raising $115 million in series C funding round led by Goldman Sachs Asset Management. It was...

Advent Raises Record $25 Billion For its Flagship Fund

Global private equity investor Advent International announced the closing of its flagship fund GPE X. The fund stopped accepting investments on reaching its...

Clearlake Capital Closes Successfully Oversubscribed Flagship Fund

Technology and consumer industries focused investment manager Clearlake Capital Group closed its seventh flagship fund. The fund called Clearlake Capital Partners VII...
carbon

Carbon Clean Raises $150M to Scale its Industry Decarbonization Solutions

Carbon Clean is a global leader in cost-effective carbon capture systems. The company has recently closed the largest ever equity fundraising round....

Recent Articles

Roe vs Wade Reversal May Impact Telemedicine in US

Roe v. Wade was reversed last week by the U.S. Supreme Court and it was a 5-4 decision. In response, people, both...
Central Bank

Central Bank Chiefs Want Action to Bring Price Growth Back to Moderate Levels

The central bank Chiefs around the world have warned that the era of low interest rates and moderate inflation has come to...
Zomato

Zomato Lost Nearly $1 Billion in Value After Blinkit Deal

Shares of the online delivery firm Zomato went down by more than 7.5% hitting $0.74 (₹58.20) per share on Bombay Stock Exchange...

Blockbuster Deal For Pharma Major Boots Comes A Cropper

The Walgreens Boots Alliance (WBA) announced it has abandoned plans to sell UK Pharma major Boots. It further announced Boots and No7...

London Rail Strike Loss Estimated to be $36.85M Per Day

London witnessed massive disruption across its the rail networks as over 40,000 workers struck work for three days last week.The protests started...

Most Popular

Taxi-Hailing Platform Drife’s On Its Way To Becoming Next Big Player

Taxi-hailing platform Drife is going to shake up the passenger commuter market in India. Drife is built on Ethereum blockchain technology. It...

Limited Abortion Access: An Economic Cost to the US

Women losing abortion access in parts of US comes as a concern for the US economy. Reproductive rights activists and economists are...

JP Morgan and Citibank post positive Q4 results after a tumultuous year

The ripples of the pandemic could be felt throughout the economy in 2020 and the banking sector was no exception. Despite experiencing...

WarnerMedia and Discovery Inc. Announce Definitive Agreement to Create Standalone Company

On Monday May 17, WarnerMedia's Parent Company AT&T (NYSE: T) and Discovery Inc. (NASDAQ: DISCA) announced that they have signed a definitive agreement to...
PNC Bank

PNC to Buy U.S. Operations Division of Spanish Bank BBVA

Spanish bank BBVA (BBVA) agreed to sell its U.S. firm, BBVA USA Bancshares, to PNC Financial Services Group (PNC) for $11.6 billion,...