- Aug- 2021 -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…
- 22 JulyNews
Housekeeping service app Daojia files for US IPO
Daojia files for the US IPO in New York recently. It is a Chinese platform offering on-demand housekeeping services. In Chinese, Daojia means coming to homes. Alibaba is the backer of the company and the owner is 58.com. 58.com is China’s…
- 21 JulyNews
Outbrain raises funds of $200 million ahead of its IPO
Outbrain raises funds worth $200 million. It is an ad-tech company that provides clickbait ads below news articles. Outbrain didn’t disclose the valuation of the company for this deal. The Baupost Group, a Boston-based hedge fund, is investing in the…
- 20 JulyNews
Wecasa raises $17.7 million for its wellness startup
French wellness startup Wecasa has raised a $17.7 million funding round (€15 million). Blisce is leading the funding round with existing investors Serena, ISAI, and Frédéric Mazzella also participating. A little about the wellness startup Wicasa Wicasa has been building a marketplace…
- 19 JulyNews
Opaque raises $9.5M in seed round
Opaque is a new startup born out of Berkeley’s RISELab. It announced a $9.5 million seed round to secure sensitive data in the cloud. Opaque raise the money to be able to securely access and work with sensitive data. Intel Capital…
- 18 JulyNews
Blackstone to Back Carbon Health Technologies Inc.
Carbon Health Technologies Inc. is a startup that provides in-person and virtual healthcare services. It is in talks for new funding at a valuation of roughly $3 billion. This followed after shelving talks to go public through a blank-check company.…
- 17 JulyNews
Edge Delta raises $15M Series A
It was announced that Edge Delta raises a Series A round of $15 million. The Seattle-based company is a startup building a modern distributed monitoring stack. This is competing directly with industry heavyweights like Splunk, New Relic, and Datadog. The Series…
- 16 JulyNews
Mercuryo raises funds for crypto-focused, cross-border payments
Mercuryo raises funds worth $7.5M in a recent round of funding. It is a London-based startup that has built a cross-border payments network. Mercuryo began onboarding customers at the beginning of 2019 and has seen impressive growth since with annual…
- 15 JulyNews
Pleo becomes Denmark’s eighth unicorn
Fintech Pleo becomes the eighth unicorn after raising $150M at a $1.7bn valuation. Thus, giving Denmark its eighth unicorn. What it also means is that in just over six years, Pleo has reached the milestone valuation faster than any other…
- 14 JulyNews
Visa to buy Tink, a Swedish fintech for €1.8bn
Visa announced that it is going to buy the Swedish open banking platform Tink for €1.8bn. This will be a landmark acquisition for European tech and open banking. This could be the third-largest M&A of a European VC-backed fintech, according…
- 13 JulyNews
Planet Lab Enters Merger Agreement of $2.8bn
Planet Lab merger has garnered a lot of publicity recently. the company becomes public by recently entering a merger agreement. It is a provider of daily data and insights about Earth. The company has entered into an agreement with dMY…