Entreprenuernewsnetwork

DP World and CDPQ Announce US$5 billion Investment in Strategic Assets in the UAE

DP World, a global infrastructure-led supply chain solutions provider, and CDPQ, a global investment group, announced today an investment of US$5 billion (CA$6.3 billion) in three of DP World’s flagship UAE assets. CDPQ will invest US$2.5 billion in the Jebel Ali Port, the Jebel Ali Free Zone and the National Industries Park through a new joint venture in which … Read more

MoEngage raises $77Million Series E funding, led by Goldman Sachs Asset Management and B Capital

MoEngage, the insights-led customer engagement platform, today announced that it has raised USD $77M in Series E funding. This round was led by Goldman Sachs Asset Management and B Capital, with participation from the company’s existing investors; Steadview Capital, Multiples Alternate Asset Management, Eight Roads Ventures, and Matrix Partners India. This is the third fundraising undertaken by … Read more

True Global Ventures Invests US$3 Million into Dedoco

Dedoco secures US$3 million funding from True Global Ventures 4 Plus (TGV4 Plus) Fund to fuel its global expansion. TGV is an early investor of prominent projects such as blockchain unicorns Animoca Brands and Sandbox, as well as the recently listed marketplace trading platform, Forge Global in the US. Dedoco is a next-generation digital DMaaS (Document Management as-a-Service) that … Read more

US-based WSO2 closes $93M Series E round

WSO2, a digital transformation solutions provider based in California, announced on Wednesday that it has closed its Series E growth-stage investment round, which included Redstart Labs as an investor. Redstart Labs contributed $3 million in the Series E round, which closed at $93 million with $90 million from lead investor Goldman Sachs Asset Management Private … Read more

Singapore’s NextBillion.ai raises $21M Series B funding

NextBillion.ai, a Singapore-based spatial data and mapping platform for businesses, announced on Monday that it has secured $21 million in a series B round headed by Mirae Asset Venture Investments. The round included existing investors Lightspeed, M12 (Microsoft’s Venture Fund), and Alphawave, bringing the total money raised since 2020 to $34 million, according to NextBillion.ai. … Read more

SwipeRx secures US$27 Million in Series B Funding

SwipeRx (formerly mClinica Pharmacy Solutions), Southeast Asia’s (SEA) leading platform for pharmacies, announced it has secured a Series B round of US$27 million in equity and debt to accelerate growth across SEA. The round was led by Indonesia’s MDI Ventures, with participation from global investors, Bill & Melinda Gates Foundation, Johnson & Johnson Impact Ventures, SIG and existing investors. Singapore-based mClinica … Read more

Smplrspace Secures Pre-seed Fundraise of US$600,000

Smplrspace Pte Ltd (Smplrspace), the floor plan platform for app builders, announced today the closing of a pre-seed fundraise of US$600,000 that includes angel investors such as Sam Marks (Coworker) and an AngelCentral syndicate led by Sam Gibb (Resolution Ventures) with participation from Shao Ning Huang (Chief Angel, Angelcentral). “Smplrspace critically augments and fits the … Read more

Fintech Startup equipifi Raises $12 Million to Power Financial Institutions with Buy Now, Pay Later

equipifi, a fintech company providing banks and credit unions with a white label Buy Now, Pay Later (BNPL) solution, completed a $12 million Series A funding round. The investment, led by Curql Collective via Curql Fund and PHX Ventures, will enable equipifi to provide financial institutions with BNPL capabilities available through their existing debit cards … Read more

RobotPlusPlus, a Leader in Aerial Work Robots, Raises US$15M in Series B

RobotPlusPlus, a leader in aerial work robots, today announced its Series B funding round of US$15 million, bringing it to approximately US$35 million in total investment since its founding in 2017. This latest funding was led by Meituan, China’s leading tech and online retail company, and Fosun, a global innovation-driven consumer group. RobotPlusPlus plans to … Read more

Energi Secures $50 Million Investment Commitment from GEM

Security-focused blockchain, Energi (NRG) secures Investment Commitment for $50 million. This marks an important step forward for the organization which has until now sustained itself by self-funding, rather than having launched with a pre-mine or ICO. With this investment commitment, Energi is well-positioned to continue its growth and drive the adoption of its blockchain technology. The … Read more

Major League Cricket Raises 120 Million Dollars in Funding

Major League Cricket in the United States has revealed that they have raised 120 million dollars in a series A and A1 fundraising round that includes Silicon Valley heavyweights like Satya Nadella. According to MLC, the six-team franchise T20 league sanctioned by USA Cricket, 44 million dollars has been secured following the completion of these … Read more

Bravado Raises $26M Led By Tiger Global, Acquires Compgauge

Bravado, the professional network for B2B sales, today announced it has raised $26 million in Series B funding led by Tiger Global. The round included community participation from 250 Chief Revenue Officers and VPs of Sales, along with prominent angels like Zynga founder Mark Pincus, Lenny Rachitsky and the Airbnb alumni syndicate, Packy McCormick, and Sahil Bloom. Existing investors Redpoint Ventures, XYZ Ventures, Freestyle … Read more

Saga Raises $6.5 Million Seed Round to Build the Next 1000 Chains in the Multiverse

Saga announced today that it has raised a $6.5 million seed round at a $130 million valuation. Investors in the round include Maven 11, Longhash Ventures, Hypersphere, Figment, Polygon Studios, Samsung NEXT, Chorus One, GSR, C2X, CRIT Ventures, Merit Circle, Hustle Fund, Unanimous Capital, Strangelove Ventures, Tess Ventures, nfr, Akash Network, Zaki Manian, Jae Kwon, Garrette Furo, Alex Shin, Nick Tomaino, Peter Kim & Bo Du (Polymer) and several … Read more

Cayaba Care Secures $12M in Series A Funding

Cayaba Care, a maternity health startup, announced today the closing of a $12 million Series A round that will work to expand the company’s footprint within underserved populations. The funding will be used to increase staff, launch in additional markets and further invest in technology solutions that will increase access to much-needed holistic maternity services. The Series A … Read more

Pressto Announces $1.5 Million Pre-seed Round

EdTech startup Pressto is proud to announce its Pre-Seed Capital raise of $1.5 million led by Tidal Venture Partners and with participation by Copper Wire Ventures as well as angels including Isa Watson (Lightspeed Ventures Scout Fund), Wray Thorn (Clear Heights Capital), Dan Carroll (Clever), Ann Berry (Threadneedle Ventures), Jacob Zachs (former Newsela), Chris Yeh (Blitzscaling Ventures) and Alex Rappaport (Flocabulary). Pressto’s proprietary technology makes learning to write fun for kids and easy for teachers. … Read more

Coins.ph Raises $30 Million in Series C Financing to Accelerate Investment in Web3

Coins.ph, the Philippines’ leading fiat, and crypto wallet services provider and Joffre Capital portfolio company, today announced the successful completion of a $30 million Series C financing led by Ribbit Capital, and joined by other strategic investors. The new capital will be used to further expand its Web3 ecosystem and presence throughout Southeast Asia. Coins.ph … Read more