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Procurement Startup Zip Valued at $2.2 Billion After $190 Million Funding Round

  • Procurement startup Zip has secured $190 million in Series D funding, increasing its valuation to $2.2 billion.
  • The investment is one of the largest in procurement technology in over 20 years.
  • The funding will be used to enhance research and development efforts and expand globally, particularly in Europe, the Middle East, and Africa (EMEA).
  • Zip's goal is to revolutionize business spending and streamline the procurement process.

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