Entreprenuernewsnetwork

SoftBank-backed content creator company Jellysmack enters India

Jellysmack, a worldwide digital media and content creator firm sponsored by SoftBank, has launched its creator programme in India. According to a key official at the company, the company will launch its India operations with 21 content creators in Hindi and English, helping them diversify their portfolio across major platforms like Facebook, Snapchat, and YouTube … Read more

Zenlayer Receives C+ Funding from Telkom Indonesia

Zenlayer, a leading-edge cloud services provider focused on improving real-time digital experiences in emerging markets, announces the closing of a supplemental round of financing today from MDI Ventures, the investment arm of Telkom, the largest telecommunications company in Indonesia. This C+ funding brings the entire Series-C financing round to $62 million. “This strategic investment will fortify … Read more

Tesla Power USA Enters Wellness Business With Launch of Alkaline RO Water Purifiers

Tesla Power USA announces the launch of their wellness division “Tesla Healthy Life” with its product range in Alkaline RO Water Purifiers. Tesla Power USA brings their expertise in water business with their cutting-edge technology to provide healthy water to everyone at an affordable cost. Tesla Healthy Life has launched 2 series of the Alkaline RO Water Purifiers … Read more

Uber acquires Australian company Car Next Door

Uber today announced that it had acquired Car Next Door, an Australian company first launched in Sydney in 2012. Car Next Door is a peer-to-peer car-sharing platform which offers convenient access to cars for renters, whilst providing revenue to car owners, making it easy to turn any car into a shared car. The service operates Australia-wide, … Read more

Handshake Raises $200M to Help Gen Z Launch Careers

Handshake, the largest early career network, today announced a Series F round of $200 million at a valuation of $3.5 billion—more than double its valuation in 2021. The round, led by Coatue Management and Valiant Peregrine Fund with participation from Base10’s Advancement Initiative, among other investors, reflects unprecedented demand amidst a generational shift in the way people start, jump start, … Read more

Routefusion Raises $10.5 Million

Routefusion, the most comprehensive fintech solution for unlocking global expansion, today announces their $10.5 million Seed Prime Funding Round co-led by Canvas Ventures and Silverton Partners with participation from Haymaker Ventures, Initialized Capital, Sherwin Gandi (co-founder of Jeeves), and Aldrin Clement (co-founder of Novel Bank). Rebecca Lynn, co-founder and general partner at Canvas Ventures, joined … Read more

NuvoAir Series A Funding Reaches $25M to Expand Patient-Centric Care

NuvoAir, a leading digital healthcare company working in chronic disease management, raised $11M in a latest round of financing. The investment was led by Hikma Pharmaceuticals’ venture capital arm, Hikma Ventures, and is an extension of the Series A round, previously announced in June 2021. Additional participation from a new strategic investor and existing investors … Read more

Hikma Ventures leads Series A extension in NuvoAir

Hikma Pharmaceuticals PLC (Hikma), the multinational pharmaceutical company, announces that its venture capital arm, Hikma Ventures has led a $11 million USD round of financing for NuvoAir, a leading digital health company for chronic disease management and decentralized clinical trials that focuses on complex patients, initially targeting respiratory conditions such as COPD and asthma. The investment is an extension of … Read more

Mantra Health Secures $22M Series A Funding

Mantra Health, the preeminent digital mental health clinic focused on young adults, today announced a $22 million Series A investment, led by VMG Partners. The round includes new investors New Market Venture Partners, Elements Health Ventures, 14W, and Alumni Ventures. Returning investors included Canaan Partners, Global Founders Capital, Baleon Capital, Western Tech Investments, and City … Read more

True Global Ventures Invests US$5 Million Into ChromaWay

True Global Ventures 4 Plus (TGV4 Plus) Fund has invested US$5 million into ChromaWay, leading the US$10 million latest fundraising round. ChromaWay is a leading Web3 pioneer, developing industry-defining blockchain technology platforms since 2014. ChromaWay are the creators of relational blockchain, a class of blockchain platforms that combine the power and flexibility of mature relational database systems with the secure … Read more

Indonesia’s KoinWorks raises $108m Funding from MDI, East Ventures

KoinWorks, the leading fintech platform in Indonesia, announced a $108 million Series C funding round led by MDI Ventures, the corporate venture arm of Telkom Indonesia with participation from previous equity investors such as Quona Capital, Triodos Bank, Saison Capital, ACV and East Ventures. The funding, which consists of $43 million in equity and $65 … Read more

Vietnamese social commerce firm raises $1.1m seed funding

A seed round led by Touchstone Partners, with participation from ThinkZone Ventures, has secured US$1.1 million for a Vietnam-based social commerce firm. On is a reseller network that allows users to market products to their friends and family while earning fees on each transaction. It was launched in March 2021. For its users, the platform … Read more

Uber Rival Bolt Raises $711M With a Valuation Of Over $8B

Bolt, an Estonian startup, announced on Tuesday that it has secured 628 million euros ($711.40 million) from a group of investors led by Sequoia Capital and Fidelity Management and Research Co, valuing the company at 7.4 billion euros ($8.38 billion). Bolt, a competitor to Uber’s (UBER.N) ride-sharing and food-delivery firm, secured money in August at … Read more

Syntegra Raises $5.625M in Seed Financing

Syntegra, a leader in synthetic healthcare data generation, today announced it has closed its seed financing, bringing in a total of $5.625 million. Syntegra’s investors include Sweat Equity Ventures, Hike Ventures, Innovation Global Capital, Wisconn Valley Ventures, Village Global, Impact Venture Capital, GRIDS Capital, Berkeley Catalyst Fund, Launchpad Capital, Vastly Valuable Ventures and First Spark … Read more

Avelo Airlines Raises $42 Million in Series B Funding

Avelo Airlines, which became America’s newest mainline airline in nearly 15 years when it took flight last April, today announced it raised $42 million in Series B funding. This second-round offering increases Avelo’s invested capital base to over $160 million. Avelo raised approximately $125 million in January 2020. The Series B shares sold at a … Read more

ReadyWorks Secures $8M in Series A Funding Led by Credit Suisse Asset Management’s NEXT Investors

ReadyWorks, a digital platform conductor (DPC) that leverages AI and intelligent automation to reduce the risk and costs of IT infrastructure transformation, announced today that it has closed $8 million in Series A financing led by Credit Suisse Asset Management’s NEXT Investors. With this investment, ReadyWorks will expand its technology platform to help enterprises accelerate … Read more