- Sep- 2021 -5 SeptemberNews
Breef received funding from Greycroft worth $3.5M
Breef received funding from Greycroft worth $3.5M. The company wants to use it to continue developing “the world’s first online marketplace” for transactions between brands and agencies. The investment round was led by Greycroft. It was also joined by Rackhouse…
- 4 SeptemberNews
Real Estate Platform QuintoAndar raises $120M
The real estate platform, QuintoAndar has announced an additional $120M in less than 3 months of announcing its $300M Series E. Investors Greenoaks Capital and China’s Tencent co-led the round. Existing backers participate as well. After this injection, the startup…
- 3 SeptemberNews
AI startup Cardiomatics bags $3.2M
Poland-based health tech AI startup Cardiomatics has announced a $3.2 million seed raise to expand the use of its electrocardiogram (ECG) reading automation technology. The round is led by Central and Eastern European VC Kaya, with Nina Capital, Nova Capital, and Innovation…
- 2 SeptemberNews
Xiaomi acquires self-driving tech startup Deepmotion
Smartphone giant Xiaomi acquires Deepmotion, a Beijing-based startup that develops digital mapping technology for autonomous vehicles. This acquisition is Xiaomi’s latest move to build its own intelligent connected cars. Furthermore, an expansion into China’s auto sector could greatly expand Xiaomi’s…
- 1 SeptemberNews
Kuaikan raised funds worth $240 million
Tencent-backed online comic platform Kuaikan raised funds worth $240M in a new round of funding. According to its WeChat statement, Kuaikan claims that the round is the largest ever in China’s online comic industry. Why the investment matters? Kuaikan offers…
- Aug- 2021 -31 AugustNews
Electric vehicle company Rivian filed for an IPO
The Electronic Vehicle startup, Rivian has filed for an IPO. Moreover, all the paperwork was done confidentially with the U.S. Securities and Exchange Commission. Furthermore, a host of institutional and strategic investors back the startup. These investors include Ford and…
- 30 AugustNews
Accounting platform Synder raises $2M
Co-founders of the accounting platform Synder, Michael Astreiko, and Ilya Kisel announced their seed round of $2 million from TMT Investments. This announcement came at a time when the co-founders are busy wrapping up their time at Y Combinator. The…
- 27 AugustNews
Revenue-based financing startup Jenfi raises $6.3M
Singapore-based financing startup Jenfi provides revenue-based financing of up to $500,000 with flexible repayment plans. Co-founder and chief executive officer Jeffrey Liu refers to this as the “growth capital as a product”.
- 26 AugustNews
Norway’s Gelato hits unicorn status and raises $240m
Gelato hits unicorn status after raising $240M and pushing its valuation up to $1.05bn. It is a Norway-based on-demand-print platform. The funding round was led by global private equity and VC firm Insight Partners. Along with SoftBank Vision Fund 2…
- 25 AugustNews
ConverseNow targets drive-thrus after $15M funding
Austin’s ConverseNow is a voice-based AI technology. Just after a year of raising a $3.3 million seed round, it has managed another funding. The startup got a cash infusion of $15M in a Series A funding round led by Craft…
- 24 AugustNews
Brex buys Weav, an API for commerce platforms
Weav is a startup developer of a universal API for commerce platforms. Brex has worked with Weav on multiple occasions before. Through all these times of working together, Brex buys Weav.
- 18 AugustNews
Craft Aerospace’s take on VTOL aircraft
We have been covering air taxis for a while now. Recently, Craft Aerospace’s take on VTOL aircraft made it a new contender. The company has recently made an impression in the air travel industry. With $3.5M in funding, Craft Aerospace…
- 17 AugustNews
Colombia’s La Haus secured Funding worth a $100M
La Haus has developed an online real estate marketplace operating in Mexico and Colombia. The Colombia-based proptech, La Haus secured funding of $100 million. The additional funding includes $50 million in equity and $50 million in debt financing. The new…
- 14 AugustNews
Student labor marketplace startup Pangea bags $2M
Student labor marketplace startup Pangea is a Providence, Rhode Island-based startup. It connects youthful talent and businesses in need of freelance labor. The startup announced this morning that it has closed an oversubscribed $2 million seed round. Pangea CEO and…
- 13 AugustNews
Summit invests in Odoo $215 million
Odoo is a Belgium-based open-source business management software developer. Recently the software company got a funding injection. The news came that Summit invests in Odoo $215 million. Since its inception in 2005, it has made a profitable operation by developing…
- 10 AugustNews
Colombia’s Merqueo gets funding of $50M
A full-stack, on-demand delivery service operator in Latin America, Merqueo gets funding of $50 million in a Series C round. IDC Ventures, Digital Bridge, and IDB Invest co-led the round. It also included participation from MGM Innova Group, Celtic House…
- 9 AugustNews
Zūm funded by SFUSD a sum of $150M
Zūm was funded by SFUSD (The San Francisco Unified School District) a sum of $150M to modernize its transport service throughout the district. It is a startup that wants to upgrade student transportation. The startup already operates its rideshare-meets-bus service…
- 6 AugustNews
Robinhood’s stock drops 8% in its first day’s trading
Robinhood's stock drops by 8% on its first day of trading. The company priced its public offering at $38 per share. This made it worth around $32 billion at that price.
- 5 AugustNews
Aesty premium cordless flat iron reaches its First funding goal
A new funding record might have been made with Aesty premium cordless flat iron. The product Aesty successfully raised its initial Kickstarter funding goal of $10,000 in just under 15 hours. Who created this product and their inspiration for it?…
