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.” Co-founder and chief executive officer Theodoric Chew launched Intellect earlier this year because while there is a growing pool of mental wellness apps in the United States and Europe that have attracted more funding during the COVID-19 pandemic , the space is still very young in Asia.
The new funding was led by SEEDS Capital, the investment arm of government agency Enterprise Singapore. Sleek co-founder and chief growth officer Adrien Barthel told TechCrunch that the funding is part of Sleek’s seed round and brings the startup’s total raised so far to $7 million. It will start raising a Series A next year.
An extension of Osome’s seed round , the new funding was led by XA Network and AltaIR Capital. The startup currently has about 4,500 SME clients across Singapore, Hong Kong and the UnitedKingdom, founder and chief executive officer Victor Lysenko told TechCrunch. Osome’s digital business assistant.
Employment Hero’s last funding announcement was in July 2021, when it announced a $140 million AUD Series E led by Insight Partners at a valuation of $800 million AUD. The company itself has a team of more than 500 full-time employees based around the world. It has now raised a total of $220 million AUD.
As the market swoons, venture capital firms continue to announce new funds. Meanwhile, I corresponded with three firms about their funds and any concerns that limited partners had brought up during the fundraising stage. This allows Pakistani startups to scale faster throughout the country and expand into other markets.”.
Fintech startup and alternative credit asset manager Viola Credit has closed its latest $700 million fund, which provides asset-based lending capital to fintech, proptech and insurtech startups. Another example is Market Finance, a tech-enabled SME lender in the U.K., Instead, Viola provides lending capital to fintech lenders.
Ubco, the New Zealand-based electric utility bike startup, has raised $10 million to fund a global expansion focused on the U.S. market and scale up its commercial subscription service business. . Ubco’s hero product, the Ubco 2X2, is an all-wheel drive electric motorbike that looks like a dirt bike but rides like a moped.
QED Investors announced the closing of two new funds totaling $1.05 Specifically, today QED is announcing a $550 million early-stage fund and a $500 million growth-stage fund , both of which are aimed at backing fintech companies primarily in the U.S., the UnitedKingdom, Latin America and Southeast Asia.
Osome currently serves more than 11,000 business in Singapore (where it is is headquartered), Hong Kong and the UnitedKingdom. It also offers business incorporation services in Singapore, Hong Kong and the UnitedKingdom, and integrates with e-commerce platforms like Amazon, eBay, Shopify, Lazada, Etsy and Shopee.
Thunes’ last funding announcement was in September 2020 a $60 million Series B led by Helios Investment Partners. Thunes raises $60 million for cross-border payments in emerging markets. It is regulated by the Monetary Authority of Singapore and the Financial Conduct Authority in the UnitedKingdom. from Insight Partners.
Rhys Spence is head of research at Brighteye Ventures, a European edtech-focused fund, where he works with portfolio companies to help address priorities, with a focus on internationalization and HR. European, North American edtech startups see funding triple in 2021. Global VC funding into edtech startups totaled $6.5
The Argentina-based fraud and identity protection company announced $12 million in Series B funding Monday from backers including software developer, Globant, as well as Agrega Partners, NXTP Ventures, Bridge One, the IDB Lab and Telefónica. As such, he intends to use the new funding to hire developers across Europe and in the U.S.
Four months after announcing its last round, Employment Hero has closed another $140 million AUD (about $103 million USD) in funding. Founded in Sydney in 2014, the company is now expanding into Southeast Asian and Western European markets. Employment Hero co-founders Ben Thompson and Dave Tong.
Virgin Atlantic, which operates mostly in the UnitedKingdom, has administrative offices in Atlanta, Georgia and a team in New York as well. Virgin America, a different airline run by Branson focused on the US market, was bought by Alaska airlines in 2017.). The airline will run out of cash if the plan isn’t approved.
Nubank’s IPO is coming into closer focus after the Brazilian neobank filed privately to list its shares in both the United States and its home market, later releasing a public IPO filing. Since then, the fintech-focused fund has made more investments in the region. the UnitedKingdom, Latin America and Southeast Asia.”.
The Singapore-based startup’s last funding round was $3 million announced in November. Its Series A brings Osome’s total funding since it was founded in 2017 to $24.5 It now claims to be used by 6,000 companies in Singapore, the UnitedKingdom and Hong Kong, giving it $9.5 Ong, who joined as an angel investor.
million) funding round for its platform, which aims to create greater transparency on fees in the long-term savings market, such as pensions and the wider asset management market. trillion mature “Defined Benefit” pension schemes market and claims to now work with more than 500 DB pension funds.
Just over five months after securing $50 million in debt & equity , Valoreo has closed on a $30 million Series A funding round. California-based Presight Capita l and Kingsway Capital out of the UnitedKingdom co-led the round, which also included participation from existing backers such as Kaszek, Upper90 and FJ Labs.
That pivot has proven to be a smart move for the company, which today announced it has raised $275 million in a Series F “growth” funding round at a $7.25 Just as TripActions continues to disrupt the corporate travel market, TripActions Liquid is set to replace traditional spend management solutions,” he said. “No billion valuation.
startup technology that turns fragmented public sector data — such as spending, tenders, contracts, meeting minutes or news releases — into a clearer view of the market, and extracts relevant early signals about potential opportunities. With this funding announcement, they’ll be opening up an early access program. Stotles is a new U.K.
However, while it’s earned a market footprint of sufficient scale as to matter in the consumer financial technology market, it’s not considered a fintech company per se. How will all of these BNPL-focused providers fare with Apple pounding its way into their market? That could be changing. The company remains on the defensive.
One of the big leaders in buying up and scaling third-party merchants selling on Amazon and other marketplace platforms is announcing a major round of funding today as it continues to expand its ambitions. Upper90, funds managed by Oaktree Capital Management, L.P., It said that it’s currently on a rate of buying 1.5
million USD) in Series C funding. The company’s Series C, which it claims is one of the largest private rounds raised by a Southeast Asian healthtech company, brings its total funding to more than $140 million SGD. . The funding will be used to deepen Doctor Anywhere’s presence in its current markets and expand into new ones.
venture capital market. The Exchange explores startups, markets and money. Sequoia was not the first United States-based venture capitalist to opt for RIA status, and it was also not the first venture capitalist that The Exchange tracks that moved to a more permanent-capital model.
The Singapore-based company announced today that it has raised $640 million in Series E funding to expand its products, which combine computer vision and cloud-based software to help brick-and-mortar stores manage their inventory, merchandising and operations. Other participants included new investors OMERS and Sony Innovation Fund by IGV.
Growth marketing is often misconceived as a set of tactics when it’s much more: It is a process that startups need to put in place in their early days that will scale as their customer base and internal teams grow. ” (If you too have growth marketers to recommend, please fill out the survey !). If you are in the U.K.,
William Kilmer is managing partner with C5 Capital , a venture capital fund investing in the secure data ecosystem. and in Europe, led by the UnitedKingdom. Investment in Silicon Valley cybersecurity startups remained flat in 2020 as we are seeing record venture funding of cybersecurity companies in these emerging regions.
But what we might be seeing more of in an increasingly challenging fundraising environment is that companies will choose to go the extension route as opposed to raising fresh capital as a new funding round. “We’re ” With the latest funding round, Faire has now raised over $1.4 It feels like flat is the new up.”.
million seed funding round led by Giant Ventures , along with the Danish government’s Danish Green Future Fund. The voluntary carbon market for agriculture includes U.S. Agreena is a Dutch startup that mints, verifies and sells carbon credits generated by farmers who transition to more regenerative forms of farming.
Rhys Spence is head of research at Brighteye Ventures, a European edtech-focused fund, where he works with portfolio companies to help address priorities, with a focus on internationalization. Higher budgets also enable entry to several markets nearly simultaneously. Rhys Spence. Contributor. Share on Twitter.
million seed round, almost eleven months after its pre-seed funding. The seed round was led by PROFounders Capital, with participation from Slack Fund; Sky executive chairman and former chief executive officer Jeremy Darroch; and returning investors Passion Capital and Seedcamp. The company announced today it has raised a $3.5
million in pre-seed funding, including from Cliff Rosenberg, the former managing director of LinkedIn’s Southeast Asia, Australia and New Zealand operations. MyInterview has been used by more than 2,000 companies, mostly in the United States and UnitedKingdom. MyInterview previously raised $1.6
Papier , a startup leveraging technology to bring very non-tech products into the world, has raised some funding to continue expanding its business on the heels of strong demand for its personalized notebooks, planners, cards and other paper-based stationary that it sells online. This funding is an important part of that plan.
Russia is invading Ukraine as we write, and global markets are in freefall. Last week, this column took a look at the European technology market’s deep tech expertise. The Exchange explores startups, markets and money. Writing about Europe is hard today. This is the continent’s political and military backdrop.
Wayflyer , a revenue-based financing platform for e-commerce merchants, has raised $76 million in a Series A funding round led by Left Lane Capital. The raise comes just after Wayflyer raised $100 million in debt funding to support its cash advance product, and 14 months after the Dublin, Ireland-based startup launched its first product.
VC funding into Europe (including the U.K.) But Europe isn’t the only place where VC funding didn’t decline. The Exchange explores startups, markets and money. It is also worth noting that Europe accounts for a much larger portion of global funding than Africa. Asia, and Latin America. Data overview.
trillion B2B payments market in sub-Saharan Africa is one where merchants commonly use manual invoices and inefficient processes that burden merchants and make them struggle with their businesses. million in seed funding. million in seed funding. The process of sending and receiving payments in a $1.5
The Singapore-based cybersecurity startup announced today it has raised $6 million in seed funding from Sequoia Capital Southeast Asia, which it will use on R&D engineering and its go-to-market plans. SquareX’s go-to-market strategy will focus on the United States, the UnitedKingdom and Asia first.
Case in point, Holidu grabbed $98 million in new funding to keep growing its vacation rentals business in Europe, Natasha L writes. million in Series A funding, Christine reports. Now that the public cloud market has undergone a correction after years of growth, will seasoned workers look for greener pastures at smaller companies?
. “We think that it doesn’t make sense for 90% of deliveries in the United States of two kilogram burgers to be done in 2-ton vehicles. The other half comes from asset-backed debt from Viola Group, which the startup will use to scale up its hardware into existing and new markets. ” Companies like URB-E in the U.S.
While the announcement follows India’s decision to ban Sea’s popular title “Free Fire” in the country last month, TechCrunch reports that the company is insisting the reason is “global market uncertainties.” There’s still money flowing, and funds that raised huge capital pools still have to allocate it, slowdown or not. Big Tech Inc.
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. On the funding round beat, Slice raised $20 million , Botrista raised $10 million and Thursday raised $3.5
It also has networks of sensors in UnitedKingdom and Indonesia cities. It is also partnered with the DivAirCity project, which is funded by European Union’s Horizon 2020. Airly will use its new funding on research and development and to expand into new markets.
The funding was led by returning investor Horizons Ventures, and included participation from new investors Sonic Healthcare and I-MED Radiology Network. The funding will also be used to hire more AI data scientists and engineers, and form clinical partnerships around the world to expand into new healthcare areas. Harrison.ai
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