In today’s fintech and crypto fundraising news, PostHog has raised $70M in a Series D round led by Stripe. Expense management startup, Ramp, is reportedly raising $200M. BlockFi has secured $350M in a Series D round. Orbit Capital has launched a โฌ100m fund and PostHog Secures $70M in Series D Funding Led by Stripe
PostHog Raises $70M in a Series D Funding Round
UK-based startup PostHog has successfully raised $70 million in a Series D funding round. The round was led by digital payments behemoth Stripe, valuing PostHog at $920 million. The company, which aims to assist developers in building successful products, made the quiet announcement last week. This substantial investment will undoubtedly support PostHog’s mission to revolutionise product development.
Ramp Raising $200M in New Funding Round
Expense management fintech startup, Ramp, is said to be in talks to raise approximately $200 million. This fundraising round would elevate the company’s valuation to an estimated $16 billion. The US-based company is revolutionising the way businesses manage their expenses, offering a tech-savvy and efficient solution. The specifics of the investors involved in this round have not been disclosed yet.
Fintech Firm BlockFi Raises $350 million in Series D Round
BlockFi, a leading US-based fintech company, has raised $350 million in a Series D funding round. The round was led by prominent investors including Bain Capital Ventures, partners of DST Global, and Pomp Investments. BlockFi, which provides retail and institutional investors with access to high-interest crypto accounts, has now raised a total of $100 million. The funds will be used to expand its operations and develop new products.
Orbit Capital Launches โฌ100m Growth Debt II Fund
Prague-based fintech company, Orbit Capital, has announced a โฌ70 million initial close of their Growth Debt II fund. The fund aims to hold โฌ100 million to support Central and Eastern European tech companies that have been overlooked by traditional banking institutions. Significant investors in this round include the European Investment Fund (EIF) and ฤeskรก Spoลitelna.
Steryon Raises โฌ1 Million in Seed Funding Round
Barcelona-based cybersecurity startup, Steryon, has secured a โฌ1 million Seed funding round. The company specialises in providing industrial cybersecurity solutions. The funding round, co-led by 4Founders Capital and Abac Nest Ventures, will be used to enhance its technology, boost its team, and expand customer deployment in key industrial sectors.
