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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.
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.
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.
An international group of climate activists and Amazon warehouse workers have launched an online campaign called “Make Amazon Pay, ” calling on the tech giant to provide better working conditions for its employees and to reduce its expanding carbon footprint. . | Image: Make Amazon Pay campaign. So, today is just the start of the campaign.
Four months after announcing its last round, Employment Hero has closed another $140 million AUD (about $103 million USD) in funding. The Series E was led by Insight Partners , the venture capital firm known for its ScaleUp program to help tech companies accelerate their growth.
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.
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.
Last week, this column took a look at the European technology market’s deep tech expertise. The Exchange started its look at European deep tech with a report from Angular Ventures. We’ll recap the data in question and then dive into differing perspectives on where European deep tech investing is going. ” We agree.
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.
Retail analytics unicorn Trax expects that this openness to tech innovation will continue even after the pandemic. The round included primary and secondary capital, and was led by SoftBank Vision Fund 2 and returning investor BlackRock. Other participants included new investors OMERS and Sony Innovation Fund by IGV.
After rebranding from White Hat and raising $44 million earlier this year, tech apprenticeship startup Multiverse has raised another round of funding. The funding had been rumored in recent weeks while the round was being closed. The new funding is going to be used to continue that expansion, both in its home market and the U.S.
Demand for talent continues to make tech recruitment a hotbed of startup activity. To wit: Madrid-based startup Circular.io , which is now expanding its “talent sharing platform” — initially focused on tech skills — into the U.K. opening to in-house tech recruiters in London from today).
It was valued at more than $1 billion in its most recent funding round of more than $400 million, and in January it announced the acquisition of ad measurement company Soomla. Its customers include Crazy Labs, Supersonic Studios, Lion Studios, Kwalee and Voodoo. The financial terms of the acquisition were not disclosed.
the UnitedKingdom, Japan, Australia and Singapore. For example, recent topics have included blockchain NFT tech, how the movie “Parasite” portrayed class conflict and global inequalities in vaccine access. Part of Ringle’s new funding is earmarked for its tech platform.
Case in point, Holidu grabbed $98 million in new funding to keep growing its vacation rentals business in Europe, Natasha L writes. Nourish Ingredients, a food tech company that creates animal-free fats using synthetic biology , secured $28.6 million in Series A funding, Christine reports. Big Tech Inc. Startups and VC.
Compared with countries like the United States or the UnitedKingdom, the racial funding gap is even more stark as more than 50% of Brazil’s population is classified as Afro-Brazilian. Major IT company Qintess has come on board as a major sponsor to help Salvador become the leading Black tech hub in Latin America.
VC funding into Europe (including the U.K.) But Europe isn’t the only place where VC funding didn’t decline. It is also worth noting that Europe accounts for a much larger portion of global funding than Africa. For instance, several “ French Tech ” mega-rounds were announced in the first days of the year.
But how do you connect hundreds of tech companies to a myriad of 911 technology providers? Now, as it expands to Mexico, the UnitedKingdom and elsewhere, this startup with its roots in a rural farm in Indiana, is redefining emergency response globally for the 21st Century. The lead writer of this EC-1 is Danny Crichton.
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. Ending the mental health stigma in the tech community.
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
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. It also tracks improvements once those measures are made.
She cites that perhaps this is to focus more on the UnitedKingdom market where revenue there is increasing 30% month over month. Money for laundering : Flush with fresh funds, U.K. It just closed a round of funding from investors, including Peter Thiel , reports Jagmeet. Big Tech Inc. Startups and VC.
Meanwhile, Amanda explores how everything is “Goncharov” as the meme-makers are going mainstream with a huge assist from AI tech. In-suring new funds : India-based insurtech company Acko, which is already backed by Amazon, is in talks for $120 million in new funding. Big Tech Inc. Manish has more.
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. More funding and stable deal count of course means that we are seeing significant increases in deal size. Rhys Spence. Contributor.
million in seed funding. The round, which Maya said is the largest raised by a Bangladeshi health tech company so far, was led by early-stage fund Anchorless Bangladesh and The Osiris Group, a private equity firm focused on impact investing in Asian markets. The startup announced today it has raised $2.2
Elvie , the women’s health tech pioneer behind a connected breast pump and smart pelvic floor exerciser, has topped up a Series C which it announced earlier this summer (July) — adding a further £12.7 million to bring the total raised to £70 million ($97 million). The 2013-founded, U.K.-based
ZEBOX , an international accelerator network founded by shipping conglomerate CMA CGM to introduce more tech innovation into the supply chain industry, announced today the launch of its APAC headquarters. One is operational efficiency, or tech that helps minimize the physical movements of goods in everyday operations.
billion for its oversubscribed seventh fund. TechCrunch reported that Fund VII, made up of a $550 million early-stage fund and a $500 million growth-stage fund, will be used to back “fintech companies primarily in the U.S., the UnitedKingdom, Latin America and Southeast Asia.”
SteadyPay CEO and co-founder John Downie, who had spent most of his career building tech solutions for banks, realized that existing lending solutions did not address the needs of workers with irregular income. government’s Future Fund, and some angel investors, according to the company.
Oxwash , a UK startup that’s spent the last few years applying high tech processes to shrink the environment cost of dry cleaning and commercial laundry, has trousered £10 million (~$12M) in Series A funding to expand its nationwide footprint. Oxwash bags $1.7M for a cleaner spin on laundry.
The startup’s goal is to create “small Silicon Valleys” across Vietnam, with educational centers that help prepare students of all ages for careers in tech. Today, the edtech announced that it has raised $15 million in Series B funding led by Kaizenvest, a private equity firm that focuses on the education space.
The startup’s goal is to create “small Silicon Valleys” across Vietnam, with educational centers that help prepare students of all ages for careers in tech. Today, the edtech announced that it has raised $15 million in Series B funding led by Kaizenvest, a private equity firm that focuses on the education space.
Firstbase announced a Series B round of funding today, led by Kleiner Perkins. The startup is either developing or planning warehouse capacity in the United States, the UnitedKingdom, and Europe. Firstbase is a neat combination of software, hardware and financial tech.
Venture capital funding to the cultivated meat industry has largely followed other industries in fewer investments made this year; however, there’s still movement in this sector yet. based Uncommon , formerly known as Higher Steaks, which also makes a wide assortment of cultivated meats, grabbed $30 million in Series A funding.
Kyle and Brian peel off the cover to unveil the consumer tech giant’s M2 Pro and M2 Max chips that pack some power. 7 space tech predictions for 2023. 7 space tech predictions for 2023. Here’s a flying crystal ball : Mark Boggett has 7 space tech predictions for you for the upcoming year. Big Tech Inc.
The final element in the current IPO landscape is the recent Darktrace IPO in the UnitedKingdom, which, after that market had a rough start to its tech IPO calendar , is now seeing better results. And the SmartRent SPAC combination, though now slightly dated, is also worth a moment of our time.
high street brands but has already secured menswear retailer Spoke , which will also use the tech for “pre-ordering” This means they can test out new styles, designs and fabrics in a limited manner, thus reducing waste (and therefore carbon emissions) when they commit to a new line of clothing.
United States. Mission: To fund social entrepreneurs in the developing world through crowdfunding. UnitedKingdom. International Corporate Accountability Roundtable ● icar.ngo. Mission: To ensure corporations respect human rights in their global operations. Kopernik ● kopernik.ngo. Water for All ● water4all.ngo.
Their choice of venue was intentional: The conference was organized by a nonprofit backed by one of Saudi Arabia’s largest sovereign funds. Money flowing to LatAm : Kaszek earmarks nearly $1 billion in new funds for Latin American startups , reports Mary Ann. Big Tech Inc. Who are ya? : You can sign up here. Natasha L has more.
“With the new funding we will expand our workflow driven approach to managing business operations and in particular focus on how law firms can drive faster revenue, better and de-risked financial management and a better client experience. Last round, last year we raised $7M and this is an $18M round (closed in this new funding climate!),
Climate change is affecting the way farmers grow their crops, and Phytoform, which knows all about the harsh UnitedKingdom growing conditions, is out to make crops more impervious. million in funding, led by Eniac Ventures, to scale its artificial intelligence genome editing technology aimed at improving crops.
based venture capital fund Valar Ventures and will use the funding to expand into more European countries later this year. Previous investors Cherry Ventures, FinTech Collective and tech entrepreneurs and senior executives from Klarna, Zalando, and SumUp also participated. The company has now raised $57 million to date.
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