Cpmg, L2 Ventures And Nosara Capital Lead $100M Investment In Cannabis Company Leaflink
Business-to-business cannabis marketplace LeafLink said Wednesday it closed a $100 million Series D financing round led by CPMG, L2 Ventures and Nosara Capital, alongside participation from existing investors. Founded in 2016, LeafLink currently serves cannabis brands and retailers with software and services through a cannabis marketplace. The company has named founder and CEO Ryan G. Smith as executive chairman while COO Artie Minson is now CEO. Karan Gupta has joined the company as chief technology officer. LeafLink’s marketplace currently processes about $5 billion in annual transactions, representing an estimated 50% of legal U.S. wholesale cannabis commerce, the company said.
Bounce Infinity Raises $20 Mn Funding From Sequoia, Others
Bike rental and EV startup Bounce Infinity has reportedly raised $20 Mn (INR 163 Cr) from existing investors including Sequoia…
Exclusive: Days After Raising $25 Mn Funding, Tiger Global Backed Sirionlabs Lays Off 130 Employees
Sequoia and Tiger Global-backed SaaS startup SirionLabs laid off around 15% of its total workforce earlier this month, days after…
Exclusive: Tiger Global-backed Healthtech Unicorn Innovaccer Lays Off 245 Employees
Four months after conducting layoffs, healthtech unicorn Innovaccer has let go off another batch of employees today in its second…
Groww Acquires Minority Stake In Fintech Startup Digio
Fintech unicorn Groww has reportedly made a strategic investment in fintech SaaS startup Digio, acquiring a minority stake in it. …
Carbon Health Secures $100M Series D Funding
SAN FRANCISCO, CA, Carbon Health, a hybrid healthcare company, has received $100 million from CVS Health Ventures.
Asia Stocks On Track To Enter Bull Market As China Rally Extends
Asia’s benchmark stock index was on track to enter a bull market, as China’s reopening and a weakening dollar lure investors back to the region.
Indian Lending Platform Kreditbee Closes Second Tranche Of $200M Funding Round
Bengaluru-based fintech lending platform KreditBee has extended its Series D funding round with a $100 million investment from private equity giant Advent International.
Kreditbee Raises $100 Mn Funding From Advent, Closes $200 Mn Series D Round
Bengaluru-based lendingtech startup KreditBee has raised an additional $100 Mn in funding from Advent International in its extended Series D…
U.s. Vc Investments And Exits Plummeted In 2022 | Nvca
The deal count in 2022 for the full year was 15,852, down 14% from 18,521 in 2021. And deal value was $238.3 billion, down 30% from $344.7 billion a year earlier, according to a report by Pitchbook and the National Venture Capital Association (NVCA). U.S. VC exit activity was 1,208 deals valued at $71.4 billion, […]