Ambi Robotics secures $32M infusion to deploy its item-sorting robots in warehouses

Ambi Robotics, a startup developing supply chain automation hardware, today announced that it raised $32 million in additional funding led by Tiger Global and Bow Capital, with participation from Ahren and logistics firm Pitney Bowes. Pitney Bowes is a strategic investor in Ambi, having recently inked a $23 million deal with the company to deploy … Read more

Nigerian banking-as-a-service platform Maplerad raises $6M, led by Peter Thiel’s Valar Ventures

Banking-as-a-service (BaaS) platforms have taken off rapidly across the fintech world over the last 18 months. By partnering with banks, these platforms allow entities from startups and fintechs to big corporations and banks to provide tailored banking services and experiences to their customers. Fintechs offering BaaS services in U.S. and Europe, such as Unit, Rapyd … Read more