- Aug- 2021 -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?…
- 3 AugustNews
Music app Breakr raises funds worth$4.2M
Music app Breakr raises funds worth $4.2 million in a seed round led by Slow Ventures. The latest raise follows $700,000 in funding led by Andreessen Horowitz’s TxO fund. The people behind the service considered this round as proof as they worked…
- 2 AugustNews
Colombian startup Rappi raises $500M
An on-demand delivery Colombian startup Rappi raises funds worth $500 million at a $5.25 billion valuation. This was a Series F round led by T. Rowe Price. Baillie Gifford, Third Point, Octahedron, GIC, and SoftBank also participated in the new…
- Jul- 2021 -27 JulyNews
Dingdong Maicai IPO debut with $95.7M raise
Chinese on-demand grocer Dingdong Maicai IPO debut made headlines as it raised $95.7 million. This came after the company priced its shares at the lower end of the range. Dingdong Maicai’s debut received a lukewarm reception. Even though it cut…
- 26 JulyNews
Didi raises funds worth $4.4 billion
Chinese ride-hailer Didi raises funds worth $4.4 billion. It went public on the New York Stock Exchange in a much anticipated US IPO. Didi is the biggest Chinese IPO in the US since Alibaba’s $25 billion listings in 2014. Details on the deal…
- 24 JulyNews
Alibaba vs Meituan, and More: SHORT SHOTS
Welcome to today’s short shot discussing Alibaba vs Meituan and much more. Here we take a glimpse at what went on with the startups to make the headlines in a single article piece. Alibaba vs Meituan: Alibaba gets competitive E-commerce…
- 23 JulyNews
Didi Under Scrutiny of the Chinese Government
Didi is again under the scrutiny of the Chinese government in less than a week of Wall Street’s debut. Now it has become the biggest new target in Beijing’s fast-moving efforts to tame the country’s internet industry. Why is Didi…