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INVESTMENTS

Unicommerce to invest USD 5 million towards expansion in Middle-east and Southeast Asia

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Unicommerce

Unicommerce, India’s largest e-commerce-focused supply chain SaaS platform, has decided to invest USD 5 million to strengthen its international operations and further expand its presence in the Middle-east and Southeast Asia. The company has been consistently investing and acquiring new clients across the Middle-east and will continue to forge more strategic partnerships in the coming months. After becoming an undisputed leader in India, Unicommerce aims … Read more

CyCognito Secures $100M to Accelerate Next Evolution of Attack Surface Management

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CyCognito today announced it has raised a $100 million Series C funding round led by The Westly Group—just 3.5 years after the company was founded in 2017. New investors Thomvest Ventures and The Heritage Group joined the round alongside existing investors Accel, Lightspeed Venture Partners, Sorenson Ventures and UpWest. This new financing round brings the … Read more

Quavo, Inc. Announces $6 Million Series A Funding Round Led By Fintop Capital

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FinTech provider Quavo Fraud & Disputes announced the company completed a Series A financing round led by FINTOP Capital. The Series A completion is a testament to Quavo’s recent and potential growth as the world’s only provider of fully automated, cloud-based fraud and dispute management SaaS offerings for issuers. Quavo’s chargeback management offering for issuing … Read more

Fintech Disruptor Stride Funding Breaks Barriers as it Closes $12M Series A

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Award-winning education funding startup, Stride Funding, announced the closing of a $12 million Series A financing round led by Firework Ventures, co-founded by Brigette Lau and Ashley Bittner. Other investors include impact investors such as Juvo Ventures and Graham Holdings — alongside previous investors GSV Ventures, Slow Ventures, and Sinai Ventures. Several industry and academic … Read more

Tiger Global Invests USD 40 Mn in BOX8 and MOJO Pizza’s Parent Company, Now Rebrands to EatClub Brands

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EatClub Brands, which operates popular brands like BOX8 & MOJO Pizza has raised $40 million in a round led by Tiger Global. EatClub Brands is a technology first, full-stack cloud kitchen company, and it has one of Asia’s largest cloud kitchen networks. Currently, a total of 8 brands operate out of its 150+ kitchens, GLOBO … Read more

Indiamart Intermesh Acquires Stake In M1xchange For Rs 32.4 Crore

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Indiamart

Indiamart Intermesh, a B2B e-commerce startup, has purchased a share in M1xchange, a trade receivable discounting system services firm, for Rs 32.4 crore, the fintech firm announced on Monday. Indiamart had previously announced a plan to buy 7.7% of M1xchange for Rs 32.4 crore, and the transaction is now complete with the fintech firm receiving … Read more

Tesla Will Invest Usd 188 Million To Expand Its Plant Capacity In Shanghai

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According to the state-owned Beijing Daily newspaper, Tesla Inc wants to invest up to 1.2 billion yuan to boost manufacturing capacity at its Shanghai factory, allowing it to hire 4,000 additional staff. The material was ascribed to a Shanghai government website for companies’ environmental information submissions, according to the newspaper. Tesla’s Shanghai factory was meant … Read more

Female-Owned Biotech Startup Tiamat Sciences Raises $3 Million to Manufacture Plant-Based Biomolecules

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iotechnology startup Tiamat Sciences today announced its $3 million seed financing round led by Silicon Valley venture capital firm True Ventures with participation from Social Impact Capital and Cantos. Tiamat Sciences manufactures animal-free proteins using a proprietary plant molecular farming platform. By replacing costly bioreactors with plants, the company produces key reagents for biotechnology companies … Read more

Gelatex Raises 1.2M In The Seed Round

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Estonian start-up Gelatex has a bold vision of starting a new chapter in the futuristic story “Cell-cultured meat cheaper than ever: how did it happen?” Gelatex has found a solution to scale and enhance the production of nanofibrous material that could be used to grow cell-cultured meat. Within their innovative team composed of materials science … Read more

Welspun One signs a MoU with Tamil Nadu Government to invest INR 2500 Cr in the state

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Welspun One Logistics Parks (WOLP), a pan-India integrated fund, development, and asset management platform, part of the USD 3.5 billion Welspun Group, has signed a Memorandum of Understanding (MoU) with Guidance – the Government of Tamil Nadu’s nodal agency, for investment promotion and single window facilitation. This is towards setting up warehousing facilities across the state. The projects … Read more

Mindspace Raises 72 Million Dollars From Institutional Investors

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Mindspace, the global flex office provider, secured a funding of $72 million. The investment round is intended to support the continuation of the company’s growth and its further expansion in Europe, the United States and Israel. The round was led by Harel Insurance Investments and Financial Services Ltd., More Provident Funds, Arkin Holdings and existing investors. Existing investors include: Yoav Harlap, Kobi … Read more

Pace Raises Usd40 Million Series A Funding From Pan-asian Group Of Investors

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Pace

Pace, a Singapore-based fintech solution company that allows customers to ‘Buy Now Pay Later’ (BNPL), today announced that it has raised USD40 million in its Series A investment round. Investors that joined the round include UOB Venture Management (Singapore), Marubeni Ventures (Japan), Atinum Partners (South Korea), AppWorks (China Taiwan), and a series of family offices … Read more

Sparrow Raises US$4.4 Million Series A for Options Trading Platform with Gain Loyal Pte Ltd

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Sparrow

Sparrow, a digital assets trading platform headquartered in Singapore, has raised US$4.4 million in series A funding led by its investor, Gain Loyal Pte Ltd. Gain Loyal Pte Ltd is a leading investment company focusing on real estate investments in Asia. With this investment, Sparrow aims to accelerate its business growth by investing in its … Read more

HAPPE Spine Announces Close Of $3.35 Million Round In Series A Investment

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Happe Spine

HAPPE Spine, an emerging leader in the development of next generation orthopedic and spinal implants enabled by the HAPPE™ material platform, announces that it has closed on a $3.35 million Series A capital raise. The oversubscribed funding was led by strategic investors from within the spine industry along with prominent and continuing investment by the … Read more

QI Tech raises $50M Series A led by GIC

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QI Tech

QI Tech, fintech that provides a range of financial services through APIs and the first SCD approved by the Brazilian Central Bank, announced today that GIC, Singapore’s sovereign wealth fund, has invested $50M in one of the largest Series A in Latin America. QI Tech will invest in the construction of new products, focusing especially … Read more

Kebony raises EUR 30 million in funding round led by Jolt Capital and Lightrock

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kebony

Kebony, the leading environmentally friendly wood modification technology company, today announces a successful EUR 30 million funding round led by Jolt Capital and Lightrock. Kebony’s vision is to reduce CO2 emissions and tropical deforestation using its patented wood modification techniques, which produce superior wood in an environmentally friendly way. The key disruptive trends in the construction industry … Read more