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Investors Cool on Internet-of-Things Startups, a Tech Conduit for Retailers

CFO News Room

Slumping markets have investors pulling back from funding startups that make internet-connected devices for retailers, threatening to choke an innovation pipeline for emerging tools like smart shopping carts and inventory management robots. Over the same period, investment dollars in IoT startups fell 57.2% from 2021 to $188.2

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Google Eyes Investing In Indonesia’s eCommerce Hub Tokopedia

PYMNTS

an investment company owned by the Singapore government, are in talks to invest as much as $1 billion for Tokopedia , sources told Bloomberg News. Its growth potential contrasts the sales slump in the U.S. Google and Temasek Holdings Private Ltd. , The Indonesian eCommerce retailer backed by SoftBank Group Corp. ’s and Europe.

eCommerce 105
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Coffee Startup Luckin Challenges Starbucks With $200M Investment

PYMNTS

A coffee startup in China that’s gunning for Starbucks has raised $200 million in a Series B funding round, bringing the company’s valuation to $2.2 The company was seeing a slump in sales in the country, which it blamed on third-party delivery services. billion, according to a report. The rapid expansion didn’t go unnoticed.

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B2B Tech Startups Land Backing To Modernize The Enterprise

PYMNTS

More than $25 million in new funding landed at B2B FinTech startups this week, making it one of the slower VC roundups for the B2B landscape this year. Though it didn't reveal how much it raised, Zero Hash, based in Chicago, announced the close of its Series C investment round led by holding company tastytrade.

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B2B Startups Land Funding For Risk Mitigation Tech

PYMNTS

And while investors targeted an accounts payable payments startup as well as another platform designed to help other startups understand their equity, a common theme this week was investment in risk mitigation capabilities. This startup connects founder and employees to a solution that can help them understand their equity.

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PayPal Invests In Extend As Merchants Seek New Ways To Boost Online Conversion

PYMNTS

Even online merchants who offer customers extended warranties at the time of sale traditionally see about a 4 percent or 5 percent conversion rate. Keep your game going with a golf simulator from Shop Indoor Golf, and be sure to add @HelloExtend product protection to protect your investment. Extend (@HelloExtend) October 5, 2020.

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Investing In The Startups That Invest In Innovation

PYMNTS

The startups and small businesses that innovate aren’t just coming up with new technologies — they’re creating entirely new business models that, while progressive, can place increasing pressure on cash flow management for the enterprise. This is the type of market Venbridge has in mind.