Startup CEOs heading to the public markets have a love/hate relationship with their investment bankers. On one hand, they are helpful in introducing a company to a wide range of asset managers who will hopefully hold their company’s stock for the long term, reducing price volatility and by...
American Express has today announced its intentions to acquire Resy, the CRM and reservation platform based out of New York. The terms of the deal were not disclosed. Resy launched back in 2014 as a platform that allowed users to buy reservations from restaurants in situations where...
Sisense announced today that it has acquired Periscope Data to create what it is calling a complete data science and analytics platform for customers. The companies did not disclose the purchase price. The two companies’ CEOs met about 18 months ago at a conference, and running similar kinds of...
Pleo, the Danish fintech that offers a “business spending platform” that lets companies easily issue employees with cards and manage expenditure, has raised a hefty $56 million in Series B funding. Leading the round is Stripes, the New York-based growth fund, with participation from existing investors, Kinnevik, Creandum and...
DocPlanner, the Poland-founded healthcare booking platform that now processes 1.5 million bookings every month globally, has closed €80 million in Series E financing. The round is led by One Peak Partners and Goldman Sachs Private Capital, with existing investors Piton Capital and ENERN Investments also participating, and brings total...
JD.com, the Chinese answer to Amazon and Alibaba’s long-time rival, is looking to further automate its logistics network after agreeing to pour 376 million yuan (around $55 million) into Jiangsu Xinning Modern Logistics in exchange for up to 10 percent stake. That’s according to a filing released on...
Rimac Automobili, the European EV startup that landed an investment from Porsche last year, has again gained the backing of traditional automakers after Hyundai Motor Company and Kia Motors jointly invested €80 million, or around $90 million. Beyond the significant cash infusion, the three parties said the deal...
Founders might not believe it, but managing a venture capital firm isn’t all that dissimilar to a startup. Case in point today: InnoVen Capital, one of Asia’s most prominent venture debt firms, has pulled in $200 million in new money to continue its expansion in the region. The...
Tempo Automation, a San Francisco-based startup that helps shorten the time from prototype to production for electronics manufacturers, announced today that it has raised a $45 million Series C led by returning investor Point72 Ventures. The round also includes new investor Lockheed Martin and existing investors Lux Capital...
Urban, the London-headquartered company that lets you book a growing range of wellness services on-demand — now including massage, osteopathy, facial, and nail services — has raised $10 million in Series B funding. The round, which includes an earlier $4.5 million equity crowdfund, is led by Accelerated Digital Ventures...