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Vertical farming startup Infarm raises $200M for international expansion

TechCrunch

The round, led by the Qatar Investment Authority (QIA), follows last year’s $170 million raise. It pushes the company’s total funding to north of $600 million, while placing its valuation “well” north of $1 bililion, earning its place as Europe’s first vertical farming unicorn. Canada, Japan and additional parts of Europe.

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Indian edtech giant Byju’s raises $250 million in fresh funding

TechCrunch

Byju’s said Monday it has raised $250 million in new funding from existing backers as the Indian edtech giant looks to navigate the market downturn that has forced the firm to postpone its initial public offering and cut thousands of jobs. It did not identify other backers.

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Quick-commerce startup YallaMarket eyes Saudi Arabia and Qatar next year after U.A.E expansion

TechCrunch

YallaMarket, a Dubai-based quick-commerce startup, is planning to expand within the United Arab Emirates (U.A.E), and to enter Saudi Arabia and Qatar next year, to tap the appetite for speedy and convenient grocery shopping. million it has raised in the pre-seed round to fund expansion within the U.A.E.

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Checkout.com raises $1B round at $40B valuation

TechCrunch

Payments company Checkout.com isn’t just a unicorn — it has closed a $1 billion Series D funding round. With its Series C round , the company raised $450 million at a $15 billion valuation — it represents a 167% valuation jump in 12 months, which is not too bad. Why did Checkout.com raise so much money? Because they can.

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Turkey’s first decacorn: Trendyol raises $1.5B at a $16.5B valuation

TechCrunch

Trendyol , an e-commerce platform based in Turkey, has raised $1.5 billion in a massive funding round that values the company at $16.5 General Atlantic, SoftBank Vision Fund 2, Princeville Capital and sovereign wealth funds, ADQ (UAE) and Qatar Investment Authority co-led the round. .

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UK challenger bank Starling raises $376M, now valued at $1.9B

TechCrunch

Starling said it plans to use the funding to expand its lending operations in the U.K., Challenger bank Starling is out raising a new £200M funding round. The funding arrives at a critical time in consumer banking. Gross lending has passed £2 billion, with deposits at £5.4

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Flipkart chief warns startups of turmoil and funding crunch for another 12 to 18 months

TechCrunch

The funding winter for the startup ecosystem may continue for another 12 to 18 months and the industry might have to grapple with a “lot of turmoil and volatility,” e-commerce giant Flipkart chief executive Kalyan Krishnamurthy has warned executives. This is going to be tough next year.

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