Factorial Raises $80M in Series B Funding Round Led by Tiger Global

Factorial smbs 80m Tiger Global 530mlundentechcrunch a Barcelona-based HR software platform, has raised $80 million in a Series B funding round led by Tiger Global. The round also saw participation from existing investors, including CRV, Creandum, and Point Nine Capital, as well as new investors, such as Idinvest Partners, and K Fund. The funding brings the total capital raised by the company to $120 million.

Factorial’s HR platform is designed to help small and medium-sized businesses (SMBs) streamline their HR processes, such as payroll, time tracking, and employee onboarding. The platform offers a range of tools and features to help SMBs manage their employees, including employee profiles, time-off requests, and employee benefits.

Factorial smbs 80m Tiger Global 530mlundentechcrunch investment in Factorial comes as the HR software market is experiencing significant growth. According to a report by Grand View Research, the global HR software market is expected to reach $24.3 billion by 2027, growing at a compound annual growth rate (CAGR) of 11.7% from 2020 to 2027.

Factorial plans to use the funding to expand its platform and further develop its product offerings. The company also plans to invest in research and development to improve its AI-powered HR tools.

Factorial smbs 80m Tiger Global 530mlundentechcrunch investment in a testament to the company’s growth potential and the value it brings to SMBs. With the new funding, Factorial will be able to continue to innovate and help SMBs streamline their HR processes.

Lundin Petroleum to Acquire Ovintiv’s Eagle Ford Assets for $530M

Lundin Petroleum, a Swedish independent oil and gas exploration and production company, has agreed to acquire Ovintiv’s Eagle Ford assets for $530 million. The assets consist of approximately 300 net drilling locations with estimated total net reserves of 117 million barrels of oil equivalent (boe).

The acquisition is part of Lundin Petroleum’s strategy to expand its operations in the United States. The company already has operations in the Delaware Basin in West Texas and New Mexico.

According to Alex Schneiter, CEO and President of Lundin Petroleum, “The Eagle Ford assets will be an excellent complement to our existing portfolio and provide us with significant growth potential.”

The acquisition is expected to close in the second quarter of 2021, subject to regulatory approvals.

TechCrunch Announces the Launch of Extra Crunch

TechCrunch, a leading technology media property, has announced the launch of Extra Crunch, a new subscription-based service that provides exclusive access to in-depth articles, market analysis, and investor insights.

Extra Crunch offers a range of benefits for subscribers, including access to exclusive articles and research reports, discounts on events and products, and the ability to participate in webinars and Q&A sessions with industry experts.

According to TechCrunch, the launch of Extra Crunch is part of the company’s commitment to providing its readers with the most comprehensive and insightful coverage of the technology industry.

The launch of Extra Crunch comes at a time when the technology industry is experiencing rapid growth and innovation. With the new service, TechCrunch hopes to provide its readers with the tools and insights they need to stay ahead of the curve.


The recent developments in the business world, including Factorial’s funding round, Lundin Petroleum’s acquisition, and TechCrunch’s launch of Extra Crunch, highlight the ongoing growth and innovation across various industries. These developments also demonstrate the importance of staying up-to-date with the latest trends and developments in order to make informed decisions and stay ahead of the competition.

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