TechCrunch

NOVEMBER 5, 2021

In the wake of a $300 million investment from General Motors in September, Momenta, an autonomous driving solution provider from China, announced today an additional $500 million added to its Series C round. and WeRide are among its closest rivals and have also raised a significant amount of capital.

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TechCrunch

OCTOBER 26, 2020

Further confirmation that the esports market is booming amid the pandemic comes today with the news that esports “total solutions provider” VSPN (Versus Programming Network) has raised what it describes as “close to” $100 million in a Series B funding round, led by Tencent Holdings.

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China Fund South Korea Offline 108

TechCrunch

AUGUST 4, 2021

One year after raising $16 million , construction technology company Buildots is back to claim another $30 million, this time in Series B funding. Buildots went after new funding once it was able to show product market fit and was expanding into other countries. Germany, Switzerland, Scandinavia and China.

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Site Raise Switzerland Adopt 141

TechCrunch

JANUARY 10, 2022

Economies of scale are an essential cornerstone for on-demand companies, and to that end one of the hopefuls in the space has raised a big round to grow its business. “We started off in Eastern Europe and Africa because those markets had a bigger need. billion ($8.4 billion). ” It’s not a perfect system, though.

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Estonia Raise Africa Europe 141

TechCrunch

JULY 26, 2021

This is Equity Monday, our weekly kickoff that tracks the latest private market news, talks about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. You can follow the show on Twitter here and me here. Ever wake up to just a massive wall of news?

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TechCrunch

NOVEMBER 3, 2020

Ant’s IPO was on track to be among the largest in history, perhaps raising as much as $34.5 The company was going to have little trouble filling that book, with retail demand for its shares at IPO reaching nearly $3 trillion in mainland China alone (it’s not uncommon for popular share issues to have massive oversubscription).

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TechCrunch

JULY 20, 2021

The startup market is having a moment around the world, but few regions can brag as much as Europe when it comes to venture capital investment. The data coming out of the continent is staggering: According to a Dealroom report , some €49 billion was raised by European startups in the first six months of 2021. That’s 2.9x

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TechCrunch

JANUARY 5, 2021

Boat, an electronics and lifestyle startup in India, has raised $100 million in a new financing round that many independent investors termed as the most successful hardware startup story in the world’s second-largest internet market. Among those that do exist, very few have been able to raise much money. More to follow…

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India Raise New York Offline 121

TechCrunch

AUGUST 20, 2021

In total, Alerzo has raised more than $20 million since its launch. “Growing up in Ibadan, I watched my mother operate two informal retail stores to raise my three siblings and me. The company is announcing a $10.5 million Series A round led by New York-based Nosara Capital. FJ Labs and several family offices from the U.S.,

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Nigeria Raise Online Asia 145

TechCrunch

MARCH 9, 2021

In total, Flutterwave has raised $225 million and is one of the few African startups to have secured more than $200 million in funding. . When the company raised its Series B, we reported that Flutterwave had processed 107 million transactions worth $5.4 African fintech firm Flutterwave raises $35M, partners with Worldpay.

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Companies Raise Africa Nigeria 145

TechCrunch

DECEMBER 28, 2020

Global investors are running from Chinese tech stocks in the wake of the government’s crackdown on Ant Group and Alibaba, two high-flying businesses founded by Ma Yun (Jack Ma) that were once hailed as paragons of China’s new tech elite. China postpones Ant’s colossal IPO after closed-door talk with Jack Ma.

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Government Tech Global China 145

TechCrunch

JANUARY 25, 2021

NetEase, the second-largest gaming company in China (behind Tencent), is among a group of investors who just backed IMVU, an avatar-focused social network operating out of California. IMVU has raised more than $77 million from five rounds since it was co-founded by “The Lean Startup” author Eric Ries back in 2004.

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TechCrunch

AUGUST 20, 2021

Less than three months after announcing a $300 million Series E , Brazilian proptech QuintoAndar has raised an additional $120 million. New investors Greenoaks Capital and China’s Tencent co-led the round, which included participation from some existing backers as well. Why raise more money so soon?

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TechCrunch

APRIL 18, 2022

An ambitious Chinese startup wants a slice of the flourishing global work automation market. Other investors include VMS Group from Hong Kong, Chinese private equity firm Youshan Capital, as well as existing investors Lightspeed China and U.S.-based Laiye, China’s answer to UiPath, closes $50 million Series C+.

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TechCrunch

APRIL 18, 2022

Zambian card issuing fintech Union54 has raised $12 million in a seed extension round led by Tiger Global. But in Africa, Visa and Mastercard dominate the market share; for example, in South Africa, the distribution of cardholders with Visa is 51% compared to Mastercard’s 48%.

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TechCrunch

AUGUST 23, 2021

Chinese-backed and Africa-focused fintech company OPay raised $400 million in new financing led by SoftBank Vision Fund 2, Bloomberg reported Monday, valuing the company at $2 billion. This news comes three months after The Information reported that the company was in talks to raise “up to $400 million at a $1.5

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Fund Nigeria Egypt Africa 139

TechCrunch

NOVEMBER 26, 2023

EMotorad, an Indian startup manufacturing electric bikes, raised $20 million in a Series B round as it aims to disrupt China’s market domination and expand its presence in global markets. The three-year-old startup has raised more than $22.5

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Global Singapore China Raise 124

TechCrunch

JULY 29, 2021

Just half a year after leading SODA’s Series B , SoftBank Ventures Asia is raising its bet on the Tokyo-based sneaker resell platform. SODA said that the deal means its share of Japan’s sneaker resale industry is now 80%, making it the market leader by far. Along with its new funding, SODA announced it has acquired rival Monokabu.

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Platform Asia Raise Philippines 102

TechCrunch

OCTOBER 12, 2022

Katana , an enterprise resource planning (ERP) platform for small- and medium-sized manufacturers, has raised €35 million ($34 million) in a Series B round of funding. End of ‘made in China’ era. In short, the ‘made in China’ era is ending.” Katana: Inventory overview Image Credits: Katana.

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TechCrunch

AUGUST 24, 2021

The startup, whose clients include Danone, Kellogg’s, Cargill and Dole, announced today it has raised an oversubscribed $4.4 It brings Ai Palette’s total raised to $5.5 Its customer base started in Southeast Asia, before expanding into China, Japan, the United States and Europe. Both will join Ai Palette’s board.

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TechCrunch

JULY 30, 2021

This year, livestream viewers in China are projected to spend more than $60 billion on digital shopping experiences that let them interact with influencers in real time. Sensing a trend, Western startups are getting in on the action, with companies like Whatnot and PopShop.Live raising rounds to build out their infrastructure.

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TechCrunch

MAY 11, 2022

The latest round brings its total funding raised to $41.4 The global market of conversational commerce, also known as chat commerce or conversational marketing, is expected to increase to $290 billion by 2025, up from $41 billion in 2021, representing a 590% rise for the next four years, according to a report by Juniper Research.

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TechCrunch

SEPTEMBER 8, 2021

Rainforest announced in May that it had raised $6.55 The company says its latest raise means it now has more than $50 million to spend on acquiring e-commerce brands. Chai said Rainforest raised only equity this time because it hasn’t finished using the debt facility it got from Accial earlier this year.

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TechCrunch

AUGUST 11, 2021

VerSe Innovation, the parent firm of popular news aggregator Dailyhunt and short video app Josh, said on Thursday it has raised over $450 million in a new financing round, just five months after securing $200 million , as the Indian startup looks to expand its offerings to international markets. India’s ShareChat valued at $2.88

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Global India Raise Qatar 100

TechCrunch

MARCH 9, 2022

The global thirst for an up-charged pair of Yeezy’s or limited edition Jordan’s combined with a growth in a digital ecosystem is creating new opportunities, particularly in the sneaker resale market, for companies like Kicks Crew , a Los Angeles- and Hong Kong-based sneaker and apparel platform. valuation in Series F raise.

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Platform Raise Los Angeles Malaysia 98

TechCrunch

MARCH 7, 2022

Una, one of the largest e-commerce aggregators in Asia, has already established its presence across Asia, including Singapore, Australia, India, China, Indonesia, Malaysia and Taiwan, since its launch in 2021. . The e-commerce market of South Korea is expected to increase up to $250 billion by 2025.

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TechCrunch

JULY 12, 2021

To help accelerate its own vision, Gembah has raised an $11 million Series A, led by local firm ATX Venture Partners along with Silverton, Flexport, Brett Hurt, Jim Curry and Dan Graham. Gembah will also look to grow its global network and make additional hires in marketing and UI/UX. to help speed up the process. It follows a $3.28

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TechCrunch

AUGUST 8, 2023

One of them was Singapore-based Endowus , which raised two rounds in rapid succession: a Series A in June 2021 followed just seven months later by $25.6 This time it’s $35 million with new investors, including Citi Ventures and MUFG Innovation Partners, bringing the company’s total raised so far to $95 million.

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Singapore Platform Management Raise 98

TechCrunch

MARCH 23, 2022

“We saw the trend of Pinduoduo, learned how the model worked, built it and sent it out to the market a little over a year ago,” he told me matter-of-factly in an interview the other day. was a no-brainer since the market has so little variety in it at the moment. ” In his view, that offering is addressed in two ways.

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Social China Raise Europe 97

TechCrunch

NOVEMBER 30, 2020

Today came the latest development in that story: HungryPanda , which makes a Mandarin-language app specifically targeting Chinese consumers outside of China, has raised $70 million to continue its global expansion in delivering food from Chinese restaurants and Asian grocery stores targeting the Chinese diaspora. The reasons?

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TechCrunch

APRIL 11, 2022

Cocos Technologies, a China-based game engine provider that has been around since 2010, just announced it has picked up $50 million in a Series B funding round in a bid to work on development and move beyond games. “The progression of mini games is a revolution in China,” suggested Stapley. The mini game renaissance.

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Game South America China Raise 92

TechCrunch

MARCH 2, 2023

Its video review marketing tool is called VREVIEW , and it works by sending a chatbot to a merchant’s customers to collect their video reviews and product ratings. The startup just raised $8.1 China and Japan and intends to enter the U.S. market in the second quarter of this year to attract more users overseas.

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South Korea Review Video Tools 98

TechCrunch

FEBRUARY 16, 2022

Voila , a startup building infrastructure for social commerce, is bringing concepts from China’s e-commerce market to the U.S. To date, Voila has raised $7.5 Voila founder Ke Shang first moved from China to the U.S. “But while I was in China, I didn’t waste any time. and China. .”

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Online Raise China Social Media 91

TechCrunch

JULY 25, 2021

Clothing, electronics, toys, automobiles, musical instruments, furniture — you name it and you’ll find a manufacturer in China who can turn your intangible concept into mass-manufacturable reality in mere days. China is also home to one of the world’s largest e-commerce and tech ecosystems.

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TechCrunch

NOVEMBER 23, 2022

Shares of Delhivery hit an all-time low of 317 Indian rupees ($3.88) Wednesday, cutting its market cap to $2.8 billion, falling below the valuation at which it raised capital from private investors in 2021, as the Indian logistics firm grapples with the aftermath of a bulk deal sale and muted growth report. The firm has raised over $2.3

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Marketing Time Singapore India 90

TechCrunch

APRIL 29, 2022

Industrial robotics has in recent years become one of the hottest tech sectors in China as the country encourages the use of advanced technology to enhance efficiency on the production floor. It currently operates a team of around 400 people across China and it’s expected to reach 1,000 staff this year by hiring aggressively overseas.

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TechCrunch

AUGUST 8, 2022

Two things are for certain: 1) There continues to be a lot of excitement around warehouse robotics and 2) Geek+ is extremely good at raising money based on that fact. The last time we wrote about the company was still fairly early on in the pandemic — June 2020 — when it had just raised a $200 million Series C.

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