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The publicly funded National Health Service (NHS) will partner with Oxford Nanopore, a UK-based company that developed a novel solution for DNA sequencing, to uncover dangerous infections within hours of. Read Entire Article
TikTok has announced that it’s shutting down its original $1 billion Creator Fund and shifting the focus to its newer Creativity Program. Starting December 16, the Creator Fund will be discontinued in the United States, UnitedKingdom, France and Germany.
.” 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.
The United States, UnitedKingdom, Denmark, the Netherlands, Germany, and Japan account for 91% of total grant funding for Ukraine to date. The top five donors by dollar amount—The Conference on Jewish Material Claims Against Germany, IKEA Foundation, BP plc, Lego Foundation, and Google—account for 35% of total funding.
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.
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.
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.
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Ubco, the New Zealand-based electric utility bike startup, has raised $10 million to fund a global expansion focused on the U.S. The company already works with Domino’s in New Zealand and the UnitedKingdom, as well as a range of other national clients, like the New Zealand Post, the Defense Force, the Department of Conservation and P?mu,
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. Last month, Alaya had the first closing of $80 million in capital commitments for its third fund.
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.
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. The fintech sector boomed in 2021, with global fintech funding reaching a record $132 billion.
The panels are rolling out starting in the UnitedKingdom, where the BioNTech/Pfizer vaccine is approved and is being administered , and will be introduced in more countries as local health authorities begin authorizing vaccines. It’s also funding research into how to counteract vaccine misinformation.
Four months after announcing its last round, Employment Hero has closed another $140 million AUD (about $103 million USD) in funding. Its previous funding announcement was a $45 million AUD Series D announced in March , led by online job platform SEEK, at the company’s previous valuation of about $250 million AUD.
Thunes’ last funding announcement was in September 2020 a $60 million Series B led by Helios Investment Partners. It is regulated by the Monetary Authority of Singapore and the Financial Conduct Authority in the UnitedKingdom. When Insight approached Thunes, it was not planning to raise more funding. Insight closes $9.5B
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.
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.
Virgin Atlantic, which operates mostly in the UnitedKingdom, has administrative offices in Atlanta, Georgia and a team in New York as well. In particular, Virgin Atlantic is trying to renegotiate leases on most of its planes as well as loans it has taken in the past and can’t fully repay.
Co-founder and chief executive officer Jack Zhang told TechCrunch that the new funding will be used for Airwallex’s United States launch in the second quarter of this year, expand its payment coverage to new regions like the Middle East, Africa, Eastern Europe and Latin America, and add more products, including physical cards.
Stunts — some in person and some online — are planned to take place in the Philippines, Bangladesh, India, Germany, Poland, Spain, Luxembourg, France, Greece, the UnitedKingdom, the United States, and more. We aim to build the strike fund to enable further strikes and protests following this day of action.”.
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 Specifically, the company intends on adding more than 150 headcount in the UnitedKingdom, Israel and across Europe this fiscal year. . billion valuation.
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.
Since then, the fintech-focused fund has made more investments in the region. QED has been investing in LatAm for seven years now, so the spike in valuation has been great for our back book and our legacy fund, but it has also made it more expensive and more competitive for new deals. Lauren Morton. QED recently closed $1.05
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.
Fireblocks , an infrastructure provider for digital assets, has raised $310 million in a Series D round of funding that tripled the company’s valuation to $2.2 Fireblocks launched out of stealth mode in June of 2019 and has since opened offices in the UnitedKingdom, Israel, Hong Kong, Singapore, France and the DACH region.
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. million ($3.6
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.
million seed round led by Founders Fund, an early investor in SpaceX, backed by Luminous Ventures, 7percent Ventures and Entrepreneur First. A startup with a new type of spacecraft propulsion system could make the interplanetary travel seen in “Star Trek” a reality. Magdrive has just closed a £1.4
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.
With this funding announcement, they’ll be opening up an early access program. Stotles’ founders say they had “scathing” experiences dealing with public procurement in their previous roles at organizations like Boston Consulting Group and the World Economic Forum.
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. Delivery system : Tage is back with another top story today, this time on MaxAB’s $40 million raise. They have made 150,000 of those connections since 2018.
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
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. was up in the first quarter of 2022, CB Insights and Crunchbase data show. Asia, and Latin America.
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.”.
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.
Come Back Alive’s page said that funds would be used to train soldiers, as well as provide technical equipment, according to Patreon’s blog post. But the branding of the NGO’s Patreon tiers — including “Bullet,” “Projectile,” and “Bomb” — led to confusion that funds were literally buying ammunition for the Ukranian military.
million in seed funding. For finance teams, the B2B payments startup automates invoice generation and processing, receiving and approving bills, collecting and disbursing funds, and completing account reconciliation. The news is coming just seven months after Duplo announced its $1.3
The combination of becoming an RIA and moving to a capital pool that isn’t beset with artificial return windows may be notable in the United States, but we’ve seen examples of this elsewhere. We’ve spoken to them before, when we previously explored the advantages and costs of VCs moving to listed status.
the UnitedKingdom, Japan, Australia and Singapore. Part of Ringle’s new funding is earmarked for its tech platform. The funding will also be used to create more original learning content, and hire for Ringle’s offices in Seoul and San Mateo, California.
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
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
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.
The findings are consistent with data from a still-unpublished study in the UnitedKingdom, which didn’t find major menstrual changes associated with vaccination. The team is planning to look at data on the heaviness of people’s periods after vaccination, as well, Edelman says.
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