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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 SanFrancisco.
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.
LottieFiles , a platform for JSON-based Lottie animations, has raised a Series A of $9 million. Based in SanFrancisco 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.”
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 SanFrancisco-based VC firm Wednesday filed with the U.S. All rights reserved.
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 SanFrancisco to Austin, Texas. The fund is believed to be the biggest Texas-based venture fund for startups, according to AustinInno.
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.
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.
SanFrancisco-based construction startup Versatile is announcing today that it has raised a $20 million Series A. million in funding, including a $5.5 The round was led by Insight Partners and Entree Capital, along with existing investors Robert Bosch Venture Capital GmbH, Root Ventures and Conductive Ventures.
AppDirect, a SanFrancisco- and Montreal-based platform for buying, selling and managing tech through a network of IT advisors, has raised $100 million from CDPQ to expand its financing program for small- and medium-sized tech businesses. All rights reserved. For personal use only.
Raising venture capital is rarely an easy lift for startups, but 2022 is turning out to be a more challenging year than we’ve seen for some time. Jomayra Herrera is a partner at Reach Capital, a venture fund focused on early-stage education technology and future-of-work companies. He is also the GP of the 500 Fintech fund.
and Europe, today announced that it has raised $65 million, with $50 million of those as a Series B funding round co-led by Albacore Capital Group and $15 million in convertible notes. The company, which previously raised a $20 series A round in 2021, now has a valuation of $300 million. In the U.S., Image Credits: Aero.
Side , a real estate technology company that works to turn agents and independent brokerages into boutique brands and businesses, has raised “$50 million-plus” in a funding round that doubles its valuation to $2 billion. With the latest capital infusion, Side’s total raised since its 2017 inception now totals over $250 million.
Open-source framework startup Serverless Stack announced Friday that it raised $1 million in seed funding from a group of investors that includes Greylock Partners, SV Angel and Y Combinator. The company was founded in 2017 by Jay V and Frank Wang in SanFrancisco, and they were part of Y Combinator’s 2021 winter batch.
Blockchain developer platform Alchemy announced today it has raised $80 million in a Series B round of funding led by Coatue and Addition, Lee Fixel’s new fund. The company previously raised a total of $15.5 million, so the latest financing brings its total raised to $95.5 million since it launched in 2017.
hedge fund and investment firm Tiger Global led the Series C round. 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
million (10 billion KRW) Series A funding to compete with 120 companies around the world that produce alternative seafood. The new round of funding, which brings its total raised to $14.1 SanFrancisco-based Finless Foods has developed lab-grown bluefin tuna using its own animal-free growth media.
While the default power mode works fine in most cities, it’s not enough in hilly cities like SanFrancisco. New funding round at a lower valuation In January 2022, Cowboy announced an $80 million funding round. A bit more than a year later, the company is raising more money. million at today’s exchange rate).
The lack of trust between NGOs and local Kenyans and the expectancy that NGOs are funded from outside Kenya are the key reasons for limited local fundraising towards NGO in Kenya. M-Changa also makes it easy for NGOs to account for funds coming in from multiple paymnet channels with automatic reporting and statements.
Early-stage fintech-focused venture firm Better Tomorrow Ventures has raised $225 million for its second fund — triple the amount it raised for its debut fund that closed in September of 2020. It has also reserved $75 million for an opportunity fund for follow-on investments. It’s committed to three so far.
So Euston has launched WorkWhile to create a better system, and she’s also raised $3.5 million in seed funding. ” The startup is launching in the SanFrancisco Bay Area, Los Angeles, Orange County and Dallas-Forth Worth.
Back in 2020, another player, Giraffe360, raised $4.5 million in a funding round led by LAUNCHub Ventures and Hoxton Ventures. It’s now raised $16 million in new funds led by Founders Fund, the SanFrancisco-based VC, whose portfolio boasts names such as Airbnb, Spotify and SpaceX.
Alta , a virtual reality metaverse studio, announced today it has raised a 12.4 million seed funding co-led by Makers Fund and Andreessen Horowitz. Other investors include Pioneer Fund, Boost VC, muru-D and Thomas Rice. . Rec Room raises $145M at a $3.5B Alta currently has about 500,000 users, Anoshechkin added.
OpenAI, the SanFrancisco-based lab behind AI systems like GPT-3 and DALL-E 2, today launched a new program to provide early-stage AI startups with capital and access to OpenAI tech and resources. Called Converge, the cohort will be financed by the OpenAI Startup Fund , OpenAI says.
With that in mind, I wanted to share a list of funding and grant resources available for nonprofits serving that community. Grant Research Tip : As you search for funding opportunities, keep an eye on the grant application deadlines. Funding Priority: LGBTQ+. Urgent Action Fund. Visibility Impact Fund.
Kikoff , a personal finance platform aimed at helping consumers build credit, announced today that it has raised $30 million in a Series B round. million the startup raised across previously unannounced seed and Series A rounds, which were both led by Lightspeed Venture partners. The capital is in addition to the $12.5
Food Rocket has taken an unconventional route, striking a funding deal with Alimentation Couche-Tard Inc. At the time, the company raised $2 million, and Alexandrov said about the perceived competition, “The level of competition in this market in the U.S. In all, the company has raised $30 million to date.
The SanFrancisco-based startup’s SaaS (software-as-a-service) platform currently processes over $5 billion in mortgages and consumer loans per day, up from nearly $3 billion last July. Also, let’s not forget that Blend only became a unicorn last August when it raised a $75 million Series F. That compares to a $3.3
Vouch , a provider of business insurance to startups and high-growth companies, announced today it has raised $90 million in new funding. With the latest financing, SanFrancisco-based Vouch has now raised a total of $160 million since its 2018 inception. Insurtech is hot on both sides of the Atlantic.
Berlin Brands Group, now valued at $1B+, raises $700M to buy and scale merchants that sell on marketplaces like Amazon. As such, the new funding will be used to double the company’s headcount to more than 100 people as it builds out its offices globally, as well as establishing outposts in Melbourne, SanFrancisco and Austin.
SF New Deal began with a vision of SanFrancisco as a world class city that provides an abundance of support, opportunity, dignity, respect, and appreciation for small businesses and neighbors in need. SF New Deal launched in March 2020 as a rapid response to the COVID pandemic in SanFrancisco.
Stability AI, the company funding the development of open source music- and image-generating systems like Dance Diffusion and Stable Diffusion , today announced that it raised $101 million in a funding round led by Coatue and Lightspeed Venture Partners with participation from O’Shaughnessy Ventures LLC.
Mycel , a South Korean startup making fungal-based biomaterials that can replace leather and meat, said it has raised $10 million (13 billion WON) in a pre-Series A round of funding. There are at least eight companies across the globe using mycelium to make leather, per the 2021 Material Innovation Initiative report.
TechCrunch profiled the company in 2021 when it raised a $20 million Series A and was only in seven cities. Today, the SanFrancisco-based company operates in 11 states plus Washington, D.C., million Series B round of funding that the company closed in June 2022 and only now announced, Grassia said.
SanFrancisco startup Loyal is rethinking the concept of longevity and starting with man’s best friend. To date, the company has raised $38 million since being founded in 2019 by founder and CEO Celine Halioua. Halioua herself comes from a background of both. Over the past year, Loyal grew from a team of three to 30 people.
The new capital infusion gives Miro $476 million in total funding since the company was founded in 2011 by Andrey Khusid and Oleg Shardin. The last time we checked in with Miro, co-headquartered in SanFrancisco and Amsterdam, was in 2020 when the company raised a $50 million Series B round led by Iconiq Capital.
The SanFrancisco-based venture firm saw an increase in digital infrastructure, remote learning and society’s ever fickle attention as an opportunity — and unsurprisingly, those same tailwinds then helped Reach close its largest fund to date. billion last year, down 49% from the year prior.
Less than 10 months after raising a $46 million Series B, CaptivateIQ announced today that it has raised $100 million in a Series C round at a $1.25 Sapphire Ventures also joined as a new investor in the financing, which brings the company’s total fundingraised to date to $164.6 billion valuation.
The app and the company behind it have been helping people enjoy better wine since 2010, and now the startup has raised $155 million with its Series D round – a sum over twice as large as all of its previous funding to date. Vivino wine app in SanFrancisco. Photo Copyright Nader Khouri 2018.
Case in point, Replit, an IDE startup developing a code-generating AI-powered tool called Ghostwriter, this week raised nearly $100 million ($97.4 ” Based in SanFrancisco, Replit was co-founded by programmers Amjad Masad, Faris Masad and designer Haya Odeh in 2016. . million) at a $1.16 billion post-money valuation.
Eco, which has built out a digital global cryptocurrency platform, announced Friday that it has raised $26 million in a funding round led by a16z Crypto. million funding round. Camp is an Uber co-founder and Expa is his venture fund. Expa and Pantera Capital co-led the company’s $8.5
Now, a South Korean augmented reality (AR) startup called RECON Labs , which enables e-commerce customers to create 3D models within a few hours by taking a short video of products via its platform PlicAR, has raised $4.4 Avataar raises $45 million to improve consumer shopping experience with life-sized 3D product evaluation.
as its largest market, has raised $44 million in Series B funding. Hussey-Yeo tells me the new funding round gives him a “mandate” to take some big product bets in order to move forward the financial health of Cleo’s users. including building out executive and product teams in SanFrancisco. at the time.
A self-described “digital nomad,” Satoru Steve Naito says he co-founded SanFrancisco-based Anyplace in 2017 because he wanted the product for himself. To “aggressively” expand its inventory into other markets and continue to improve its functionality, Anyplace is announcing today that it has raised $5.3
Less than five months after raising $115 million, spend management startup Ramp announced today it has raised $300 million in a Series C round of funding that values the company at $3.9 Founders Fund also led Ramp’s $15 million Series A in February 2020. Spend management startup Ramp confirms $115M raise at a $1.6B
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