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January 15, 2021
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3min00
New York-based investing powerhouse, raised new $3.75 billion venture fund called Tiger Private Investment Partners XIV that it expects to close in March 2021. The fund is Tiger Global’s thirteenth venture fund, despite its title the partners might be superstitious and it comes hot on the heels of the firm’s twelfth venture fund, closed exactly […]

January 15, 2021
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3min00
Capsule, a video Q&A platform aimed at brands, emerged a  year ago in direct response to the challenges companies were facing in terms of reaching consumers during the pandemic. Now, the business has closed on $2 million in pre-seed funding. The round was led by Array Ventures and included participation from Bloomberg Beta and other angels. […]

January 14, 2021
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2min00
Digital freight startup Sennder disclosed it had raised $160 million from investors, valuing the six-year-old business at more than $1 billion, and would invest the proceeds in its technology platform. The Berlin-based company has emerged as a consolidator in Europe’s freight-tech sector, merging with France’s Everoad and buying Uber’s European freight business last year, and […]

January 14, 2021
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3min00
Southeast Asian ride-hailing and food delivery giant Grab has raised more than $300 million from investors led by South Korea’s Hanwha Asset Management Co. Ltd for its rapidly-expanding financial services business. Grab said this is the first external funding for the fintech business, which has chalked out ambitious plans in insurance, lending, wealth management and […]

January 14, 2021
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2min00
Online therapy provider Talkspace has agreed to merge with Hudson Executive Investment Corp., the blank-check firm run by former JPMorgan Chase & Co. executive Doug Braunstein. The deal is worth $1.4 billion and will provide Talkspace with $250 million for investing in growth. Hudson is raising $300 million to support the deal from investors including Federated Hermes Kaufmann […]

January 14, 2021
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2min00
The owner of the animal supply chain store Petco raised $864 million in an initial public offering, returning the retailer to the public market 15 years after it was taken private. The company, which is changing its name to Petco Health and Wellness Co. in conjunction with the listing, sold 48 million shares for $18 each, according […]

January 14, 2021
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2min00
Poshmark Inc., the online marketplace for second-hand goods, raised $277 million in a U.S. initial public offering, pricing the shares above a marketed range. The company sold 6.6 million shares for $42 each Wednesday, according to a statement confirming an earlier report by Bloomberg News. Poshmark had marketed the shares for $35 to $39. Redwood City, California-based […]

January 13, 2021
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2min00
Roblox, an online gaming company for kids, announced that it raised $520 million in a private funding round at a valuation of $29.5 billion. And the company also revealed that it will soon go public via direct listing. Roblox had filed to go public late last year. Some of the other tech companies that also […]

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