Will Clark’s Post

I'm pleased to share that Mercia Ventures has announced a 2x return on the sale of Card Industry Professionals to Shift4. The deal provides an exit for Mercia Ventures, which backed the company in 2022 using funding from the first NPIF and MEIF funds. Card Industry Professionals provides card terminals, point of sale and online payment solutions to thousands of businesses such as retailers, hair salons and hospitality venues. #Exit #Grimsby #Innovation

Moove, an Uber-backed mobility fintech, has acquired Kovi, a Brazilian urban mobility provider, enhancing its vehicle financing services for ride-hailing and delivery drivers across six continents. The deal's value remains undisclosed, but it was confirmed as an all-share transaction, making Kovi a wholly owned subsidiary of Moove. This acquisition marks a significant expansion for Moove in the urban mobility sector.Uber-backed mobility fintech Moove acquires Brazil’s Kovi, takes ARR to $275M

Moove acquires Kovi to strengthen mobility market presence - Moove, a leading mobility fintech backed by Uber, has announced the acquisition of Brazilian urban mobility provider Kovi in a strategic move to accelerate its global expansion. The all-share transaction is expected to boost Moove’s annual recurring revenue (ARR) to $275 million, reinforcing its dominance in the mobility financing sector. - Read Story: https://lnkd.in/efZv82KV - - #DigitalEconomyMagNews #Moove #Kovi #MobilityMarket

What were the most interesting funding rounds in March 2024? We prepared a list of our top five, including: Pelago, Espresso Systems, Remofirst, NeoTaste and Instaffo. To learn more about the rounds we mentioned, check our short reading list in the comment below 👇 #MOC #Marketplaces #Investments #VC

Parsyl, an insurtech specializing in supply chains, has secured $20 million in a Series C funding round spearheaded by Lightsmith. Check out more here: https://buff.ly/4g8zUVP #Insurtech #SupplyChain

🚀 Nexba is breaking new ground! 🚀 We're thrilled to announce that Nexba, Pace Rapid Hydration & Goodness Group Global are hosting an EOI campaign on Birchal while simultaneously launching a campaign with Crowdcube in the UK— a first for any CSF campaign in Australia! 🌍 Nexba is on an incredible journey of expansion, and this is your chance to be a part of it. Here are some highlights: 💰 $20M+ Generated in FY24 👥 Now available to over 250M consumers in Europe 🛒 Stocked across Australia, including Coles, Woolworths + more 🇬🇧 Stocked in major UK supermarkets, including Sainsbury's, Tesco’s + more, becoming the #1 fastest selling Kombucha brand! Don't miss this opportunity to be a part of a brand that's rapidly growing on a global scale! 🚀 Join the movement today on Birchal: https://lnkd.in/gjX7itCJ #EquityCrowdfunding #Birchal #Nexba #Crowdcube #Invest #Expansion Always consider the general CSF risk warning and offer document before investing Drew Bilbe Troy Douglas Charles Wood

Locad secures $9M in Pre-Series B funding, co-led by Global Ventures and ReefKNoT Investments, with participation from Sumitomo Equity Ventures, Antler Elevate, Febe Ventures, and JG Summit. Founded in 2020 by Constantin Robertz, Jannis Dargel and Shrey Jain, Locad empowers consumer brands with its cloud-based supply chain-as-a-service platform, streamlining omnichannel distribution and localized fulfillment. Stay ahead in the startup world! 🌟 Get a weekly digest of key happenings and insights delivered to your inbox every Monday morning. Don't miss out—subscribe now: https://lnkd.in/eNJwg5jb 🚀 #Funding #Logistics #Ecommerce #SmartLogistics

OneRail, a last-mile delivery solutions platform founded in 2018 by Bill and Lisa Catania, addresses the complex and costly challenges retailers face with final-stage logistics. Bill, who previously founded the digital coupon company M-Dot Network, started OneRail to streamline the delivery process, initially focusing on local courier networks before shifting to a scalable solution for large retailers. OneRail’s platform automates delivery mode selection and optimizes carrier networks to provide a unified, cost-effective solution for omnichannel fulfillment. Recently, the company raised $42 million in a Series C round, bringing its total funding to $109 million. This capital will be used for product development and expanding the team, as OneRail continues to grow its customer base, which includes brands like Lowe’s and PepsiCo. Learn More: https://lnkd.in/gFyBzD9n INVESTORS: Aliment Capital, Silicon Valley Bank, Piva Capital, Mana Ventures, Las Olas Venture Capital, Gaingels, Florida Opportunity Fund, eGateway Capital, Chicago Ventures, Bullpen Capital & Arsenal Growth Equity ROUND: Series C AMOUNT: $42,000,000 HQ: #Orlando #Florida #VentureCapital #OneRail #AlimentCapital #SiliconValleyBank #PivaCapital #ManaVentures #LasOlasVentureCapital #Gaingels #FloridaOpportunityFund #eGatewayCapital #ChicagoVentures #BullpenCapital #ArsenalGrowthEquity #BillCatania #LisaCatania #TradedVC

🚚 Big milestone for CargoFL! The AI-powered logistics and supply chain decision intelligence platform has raised ₹6.75 crore in a seed round led by YourNest Venture Capital, with participation from Real Time Angel Fund, Peaceful Progress Angel Fund, Sanchi Connect Accelerator, and a group of notable angel investors. Co-founded in 2017 by Deepesh Kuruppath and Wasim Khan, CargoFL will use the fresh capital to build its sales engine in India, SEA, MENA, and North America, enhance product capabilities, and expand client onboarding efforts. Congratulations to the CargoFL team on driving the future of logistics & supply chain automation forward! #LogisticsTech #AI #SupplyChain #Innovation #Funding #CargoFL #iAccelerate #PuneAngelsNetwork

Parsyl, an insurtech specializing in supply chains, has secured $20 million in a Series C funding round spearheaded by Lightsmith. Check out more here: https://buff.ly/4g8zUVP #Insurtech #SupplyChain