4. Misfits Market nabs unicorn status with Series C round
Misfits Market, a US-based e-commerce platform specialising in the delivery of food that would otherwise be wasted, has completed a $200 million Series C funding round.
This brings the company’s total funding to $301.5 million. It is now valued at $1.1 billion.
5. Tesco Bank hits record £0.5 billion in gift card sales
Tesco reached a record £0.5 billion in gift card sales during the financial year ending 28th February 2021.
The 65% year-on-year increase was achieved through a combination of in-store and digital sales.