General Catalyst leads $200M investment into Bilt Rewards, doubling its valuation to $3.1B

Bilt Rewards, whose platform aims to allow consumers to earn rewards on rent and daily neighborhood spend, has raised $200 million at a $3.1 valuation, the company announced today. General Catalyst led the financing, which more than doubles the New York-based company’s valuation compared to its $150 million October 2022 raise. Eldridge and existing backers … Read more

Asian Development Bank approves a $200M loan to debt-stricken Sri Lanka

COLOMBO, Sri Lanka — The Asian Development Bank said Friday that it has approved $200-million concessional loan to debt-stricken Sri Lanka to help stabilize the country’s finance sector following an unprecedented economic crisis that engulfed the Indian Ocean island nation last year. The bank’s announcement comes as Sri Lanka is awaiting International Monetary Fund approval … Read more

Indonesian aquaculture startup eFishery nets $200M at unicorn valuation

After studies that it’s elevating new funding, Indonesian aquaculture startup eFishery introduced right now that it has netted $200 million in a Sequence D. The corporate, which makes a wise feeding system for fisheries, says this makes it the primary startup within the world aquaculture business to go a $1 billion valuation. It’s aim is … Read more