Weekly Rundown: Dealshare, Darwinbox Turn Unicorns; Swiggy's Valuation Soars To $10.7 Bn With New Round
Social commerce startup Dealshare's valuation shot up to over $1.6 billion with its latest fundraising. The startup raised $130 million in a new round led by Tiger Global and Alpha Wave Global.
By Derek Radu Smith, MSF, CFO of a stealth blockchain startup, formerly private equity & private credit. Non-fungible tokens ("NFTs") have made headlines in 2021 with record-breaking digital art sales. One such piece by artist Beeple sold for $69.3 million:
The Catholic Bishops Conference of the Philippines, whose archbishops are major stockholders in the second biggest financier of coal in the country, declared that it will stop investing in banks that fund "dirty energy".
Esusu, a startup at the intersection of fintech and proptech, raised $130 million in Series B funding from SoftBank and others at a $1 billion valuation. The New York-based company, one of the few Black-owned startups to achieve unicorn status, aims to help renters get recognized by credit bureaus for making timely rent payments, a benefit that mortgage payers have long enjoyed. Esusu says the path it creates for tenants to boost their credit scores The post Latest fintech unicorn offers credit-score boost to renters appeared first on The Real Deal New York.
By Ajsa Habibic In the face of decarbonisation challenges, presenting a united front seems to be a way around for offshore energy players. During the last week of January, we have witnessed a number of cross-sector collaborations established with a single aim to eliminate carbon emissions and reach the net-zero destination through a green energy...
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The zinc price is rising, along with a lot of other metals used in manufacturing renewable energy equipment. : The price of zinc is rising and it will push up the price of everything from renewable energy to mobile phones. The price of zinc on the London Metal Exchange hit a 14-year high in October and is holding near that price. It is one of many metals that are going up in price and that is pushing up the cost of renewable energy systems in particular.
This month in B2B news, Checkout.com raises $1 billion in funding and sees its value rise to $40 billion, while Google pays $500 million for software security firm Siemplify. Also, Software-as-a-Service (SaaS) firm Zaggle prepares to go public and Morocco's Chari looks to a $100 million valuation after bridge funding. Checkout.com Valued at $40B Following [...]
(Bloomberg) -- Kim Kardashian's underwear label Skims doubled its valuation to $3.2 billion from nine months ago, as investors pour money into emerging brands expected to take market share. The $240 million financing round was led by hedge fund Lone Pine Capital and joined by investment firm D1 Capital Partners, Skims Chief Executive Officer Jens Grede said in an interview. Existing investors Imaginary Ventures, Alliance Consumer Growth and Thrive Capital also participated. Skims was valued at $1.6 billion in April.
Activist guru sees long-term potential in the streaming giant. : Seeking to capitalize on a steep sell-off in Netflix Inc. (NFLX, Financial) over the past several months, Pershing Square Capital leader Bill Ackman (Trades, Portfolio) revealed a stake in the streaming giant earlier this week. In a letter to shareholders released on Wednesday, the billionaire activist investor said the New York-based hedge fund has invested in 3.1 million shares of Netflix since last Friday, making it one of the top 20 shareholders of the company.