💥 Notable E-commerce & Fintech Deals This Week (Oct 28th, 2024) 💥
Ghost, a members-only B2B marketplace for excess retail merchandise, raised $40M in a Series C round led by L Catterton
Bluesky Social, the decentralized Twitter-clone that's seen tremendous growth recently, raised $15M in a Series A round led by Blockchain Capital.
Arcade, a generative AI platform that allows customers to input their product ideas into a generator that then produces a variety of jewelry design options, raised $17M in a round led by Ashton Kutcher's Sound Ventures.
Swiggy, the Indian food delivery giant that's headed towards an IPO, slashed its valuation to $11.3B, which is 25% below its initial goal of $15B, citing market volatility and the lackluster debut of Hyundai India as reasons for the cut.
Passionfroot, a Berlin-based startup that's building a toolkit and marketplace for creator-brand collaborations, raised $3.8M in a round led by Supernode Global.
Hue., an AI platform that helps brands and retailers embed TikTok-style shoppable videos on their e-commerce websites, raised $4.5M in a round led by Fika Ventures and Underscore VC.
ONE ZERO BANK, a fintech aiming to use AI in retail banking services to replace bankers for tasks like spending management and financing big purchases, is in the process of raising at least $100M, according to TechCrunch sources.
Sensei, a Portuguese startup that's built a contactless store platform that uses AI-powered sensors to automatically update the store payment system with the contents of customers' carts, raised €15M in a Series A round led by BlueCrow Capital.
Checkmate, a provider of unified phone and drive-thru AI ordering solutions for enterprise restaurants, raised $10M in a Series B round led by Tiger Global Management.
[cafeteria], a consumer insights and market research platform focused on collecting real-time feedback from teenagers, raised $3M in a round led by Collaborative Fund and Imaginary Ventures.
Finix, a San Francisco-based platform that merchants use to accept payments from customers, raised $75M in a Series C round led by Acrew Capital, Leap Global Partners, and Lightspeed Venture Partners, bringing its total amount raised to over $200M.
Simbe Robotics, the makers of Tally, a six-foot-tall robot that glides through grocery stores checking prices and inventory levels, raised $50M in a Series C round led by Goldman Sachs' growth equity fund, bringing its total amount raised to over $100M.
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