Mio, the leading provider of chat interoperability, today announced its Series A financing round of $8.7 million, led by Zoom Video Communications, Inc. and Cisco Investments. Mio will use the funds to enhance its messaging interoperability service for enterprise customers. Users of team collaboration apps like Zoom Chat, Microsoft Teams, Slack, and Webex by Cisco can use Mio … Read more
Dragonboat, the fastest growing product portfolio management platform, today announced a $12M Series A round led by New York-based global private equity and venture capital Insight Partners, with participation from existing investors Act One Ventures, Roble Ventures and GingerBread Capital. The round quickly follows the company’s $3M seed announcement in July and 500% growth since … Read more
Housing technology startup Jupe announced $9.5 million in seed funding led by Initialized Capital with participation from Y Combinator. The money will be used to hire a CTO and a wider team of software and hard tech engineers and to execute its mission to make off-grid mobile living more affordable, faster, and efficient. Since launching … Read more
Hometap, which provides a smart, new loan alternative for tapping into home equity without taking on debt, today announced it has raised $60 million of new operating capital in a funding round led by American Family Ventures along with new and existing investors including Bain Capital, ICONIQ Capital, LLC, G20 Ventures, Pillar, and General Catalyst. … Read more
YipitData today announced a Series E funding round, led by global investment firm Carlyle . YipitData has gained rapid momentum among institutional investors and corporations with its highly accurate, detailed research and analytics on the most disruptive and digitally enabled sectors in the world, including ridesharing, e-commerce marketplaces, payments and streaming video. YipitData will use … Read more
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 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
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
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
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, 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
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
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
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 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, 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
