Financing Round News

Financing Round News

• Davis-based Joywell Foods raises $6.9 million in financing led by Kraft Heinz
  
  A Davis food technology company raised $6.9 million in a financing round led by Evolv Ventures, the venture fund backed by global food giant Kraft Heinz.
  Mark Anderson.  American City Business Journals.  Thu, 23 Jul 2020 21:23:19 +0000.
• Restaurant software provider Toast cuts 50% of staff as coronavirus forces eateries to close
  
  Toast was valued at almost $5 billion in a financing round last month and is now cutting about half its staff.
  CNBC.  Tue, 07 Apr 2020 22:19:32 GMT.
• Orange Digital Ventures leads investment in cloud-interconnection company InterCloud
  
  Orange Digital Ventures is the lead investor in a financing round of $24.3 million for software-defined cloud interconnect (SDCI) vendor InterCloud. ...
  Mike Robuck.  Fierce Telecom.  Wed, 11 Dec 2019 16:58:12 +0000.
• Oyo seeks to raise $1.5B in latest financing round
  
  The Series F funding round comes as the rapidly growing startup faces complaints from owners in India.
  Jena Tesse Fox.  Hotel Management.  Mon, 07 Oct 2019 18:59:36 +0000.
• FLYLA completes first financing round and establishes an advisory board of industry experts
  
  FLYLA, the travel platform for students, completes its first financing round. ...
  Hsyndicate.  Mon, 06 May 2019 11:26:28 +0200.
• Karuna Announces $68 Million Series B Financing
  
  BOSTON--(BUSINESS WIRE)--Karuna announced the completion of a $68 million Series B financing round led by ARCH Venture Partners.
  Business Wire.  Mon, 18 Mar 2019 07:00:00 UTC.
• Why Tofurky Waited For Financing Without Too Many Strings Attached
  
  Tofurky has remained independent and family owned since it launched 39 years ago, and its first financing round of $7 million won't change that, says CEO Jaime Athos.
  By Janet Forgrieve, Contributor.  Forbes.  Thu, 14 Feb 2019 19:44:00 -0500.
• Latest Funding Values Reddit at $3 Billion
  
  Reddit was valued at $3 billion after a new financing round for the discussion forum that brought in Chinese internet giant Tencent as an investor.
  Wall Street Journal.  Mon, 11 Feb 2019 21:27:41 EST.
• Zwift Raises $120M To Expand Its Virtual Cycling Technology To Esports
  
  Virtual reality cycling startup Zwift announced it was raising a Series B financing round of $120m as the company looks to get into eSports. The company has now raised a total of $166 million.
  By Simon Ogus, Contributor.  Forbes.  Fri, 21 Dec 2018 15:35:00 -0500.
• Indonesia's Tokopedia secures $1.1 billion in latest financing round
  
  Indonesian e-commerce company Tokopedia on Wednesday said it secured $1.1 billion in the latest funding round led by SoftBank Group Corp's Vision Fund and Alibaba Group Holding Ltd .
  Reuters.  Tue, 11 Dec 2018 22:30:25 -0500.

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