The Briefing: C2FO Lands $140M, Padoa Raises $91M, And More
Summary
Kansas City, Missouri-based C2FO closed a $140 million funding round led by Third Point Ventures, which also includes participation from Vista Credit Partners and Mubadala Capital. In a release, the company said it enabled $54.7 billion in accelerated payments to businesses globally last year. Previously, Padoa raised around $28 million in known funding, with startup studio Kamet as its main backer. San Mateo, California-based Zero Acre Farms, a developer of edible oils and fats made from fermentation, announced it has raised $37 million in a funding round led by Lowercarbon Capital and Fifty Years. Gupshup acquires Knowlarity: Gupshup, developer of a conversational messaging platform for automating business conversations, announced it has acquired Knowlarity Communications, a provider of cloud telephony and contact center automation technology.