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YC-backed African fintech Cleva, founded by Stripe and AWS alums, raises $1.5M pre-seed

TechCrunch

Nigerian fintech Cleva, focused on creating a banking platform for African individuals and businesses to receive international payments by opening USD accounts, has raised $1.5 million in pre-seed funding. The round was led by 1984 Ventures, an early-stage venture capital firm based in San Francisco.

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Color raises $167 million funding at $1.5 billion valuation to expand ‘last mile’ of US health infrastructure

TechCrunch

Healthcare startup Color has raised a sizable $167 million in Series D funding round, at a valuation of $1.5 This latest investment into Color was led by General Catalyst, and by funds invested by T. billion post-money, the company announced today.

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LottieFiles, a platform for the animation format, lands $9 million Series A led by M12, Microsoft’s venture fund

TechCrunch

LottieFiles , a platform for JSON-based Lottie animations, has raised a Series A of $9 million. Based in San Francisco and Kuala Lumpur, LottieFiles was founded in 2018. The new funding brings its total raised to about $10 million. “We didn’t want to stunt the adoption of Lottie by monetizing early on.”

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Cybersecurity investor Ballistic Ventures seeks $300M for new fund

TechCrunch

Ballistic Ventures, a venture capital firm dedicated to funding and incubating cybersecurity startups, is looking to raise as much as $300 million for a new fund, according to a regulatory filing. The San Francisco-based VC firm Wednesday filed with the U.S. All rights reserved.

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8VC raises $880M in new fund that aims ‘to fix a broken world’

TechCrunch

Austin-based venture firm 8VC, led by controversial Palantir founder Joe Lonsdale, has raised $880 million in its fifth fund. In 2020, 8VC famously moved its headquarters from San Francisco to Austin, Texas. The fund is believed to be the biggest Texas-based venture fund for startups, according to AustinInno.

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Checkout.com raises $450 million and reaches $15 billion valuation

TechCrunch

Payments company Checkout.com is raising once again. But Checkout.com kept growing and growing until it raised one of the biggest Series A rounds ever for a European company — $230 million at a $2 billion valuation. Just a year later, Checkout.com added $150 million in funding at a $5.5 It finished 2020 with 940 employees.

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Faction raises $4.3M to deploy 3-wheeled EVs for driverless delivery

TechCrunch

Now, with prototypes built and an ambition to scale, McKendrick has raised $4.3 million in seed funding led by Trucks VC and Fifty Years. So, he turned to power sports to fulfill his vision of a micro-logistics service that can be used for driverless delivery or rented and operated by a human for jaunts around the city.