Browsing: secures

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African e-commerce company Jumia has secured $50 million in fresh equity from investors led by the World Bank’s International Finance Corporation, giving the loss-making retailer additional financial firepower as it pushes towards its first profitable year.

Fermi has finally secured its first lease for Project Matador, its upcoming Texas data center campus.

Model ML has secured an investment from HSBC Asset Management to accelerate the growth of its agentic operating system for financial services. The investment was made through HSBC Asset Management’s flagship venture capital strategy.

Cobi, the AI decision stack for customer intelligence, announces a $1 million pre-seed fund raise.

Hamburg-based AquaNab has secured investment to advance its nanoantibody platform, initially targeting sea lice in salmon farming and developing feed-administered treatments for aquaculture diseases. Tamara Djurickovic4 minutes ago

Oversubscribed financing scales the restaurant commerce platform connecting more than 5 million diners with more than 8,500 restaurants that collectively represent nearly $30 billion in annual restaurant GMV

Wendy’s handing U.S. media to the group is a sign that clients are responding positively to Elevate28, CEO Cindy Rose said.

Bahrain-based insurtech startup Soor has secured an undisclosed pre-Seed investment from Spring, a venture studio and ecosystem builder backed by London-based investment firm Salica and Bahrain’s Al Waha Fund of Funds. The funding will support the startup’s product development and growth plans.

OORI, the Saudi-based investment platform focused on private markets, today announced that it has received a license from the Saudi Capital Market Authority to conduct Arranging and Advising activities and is preparing to commence operations. The platform will provide Shariah-compliant investment opportunities and structures for qualified investors in the Kingdom with regulated access to curated…