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Brex buys Weav, a universal API for commerce platforms, for $50M – TechCrunch
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AlleyWatch
Armed with some data from our friends at CrunchBase, I broke down the largest global startup funding rounds for April 2021. I have included some additional information such as industry, round type, a brief description of the company, investors in the round, company location, and total equity funding raised for the company to further the analysis.
Round: Series D
Description: New York-based Capsule is a healthcare technology business rebuilding the pharmacy from the inside out Founded by Eric Kinariwala in 2016, Organization Name has now raised a total of $570.0M in total equity funding and is backed by investors that include T. Rowe Price, Sound Ventures, TCV, Global Founders Capital, and M13.
AlleyWatch
Armed with some data from our friends at CrunchBase, I broke down the largest US startup funding rounds from April 2021. I have included some additional information such as industry, company description, round type, founders, and total equity funding raised to further the analysis. The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including strategic brand placement in a high-visibility, lead generation, and building thought leadership among the vast majority of key influencers in the business community and beyond. Learn more about running a digital campaign that will return your investment here.
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Brex files for bank charter 22 February 2021
3 Brex, the fast-growing firm behind a corporate credit card for startups, has filed for an Industrial Bank Charter in the US. The company has submitted an application with the Federal Deposit Insurance Corporation (FDIC) and the Utah Department of Financial Institutions (UDFI) to establish Brex Bank
The new bank intends to expand upon Brex’s existing suite of financial products and business software, offering loans and FDIC insured deposit products to small and medium-sized businesses (SMBs) without the need to rely on an intermediary bank.
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