Tech-driven Butternut Box eats its own dog food — raises $55.4M to scale-up

Butternut Box, a London-based fresh dog food business with a tech-driven platform that delivers HelloFresh-style, catered dogfood, has raised $55.4 million (€47.2 million) in a funding round led by L Catterton, the consumer-focused private equity firm, and included participation from White Star Capital, Five Seasons Ventures and Passion Capital. We covered their early funding round […]

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

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 billion. General Atlantic, SoftBank Vision Fund 2, Princeville Capital and sovereign wealth funds, ADQ (UAE) and Qatar Investment Authority co-led the round.  The deal marks SoftBank’s first in the country. The new financing […]

Privacy-oriented search app Xayn raises $12M from Japanese backers to go into devices

Back in December 2020 we covered the launch of a new kind of smartphone app-based search engine, Xayn. “A search engine?!” I hear you say? Well, yes, because despite the convenience of modern search engines’ ability to tailor their search results to the individual, this user-tracking comes at the expense of privacy. This mass surveillance […]

Siga secures $8.1M Series B to prevent cyberattacks on critical infrastructure

Siga OT Solutions, an Israeli cybersecurity startup that helps organizations secure their operations by monitoring the raw electric signals of critical industrial assets, has raised $8.1 million in Series B funding. Siga’s SigaGuard says its technology, used by Israel’s critical water facilities and the New York Power Authority, is unique in that rather than monitoring […]

Jonathan Steele: ‘I came to Russia a political correspondent and left a crime reporter’

The veteran journalist, who moved to Moscow in 1988, charted the collapse of a superpower. But, he tells his successor, the Gorbachev revolution has been poisonedWhen Jonathan Steele moved to Moscow for the Guardian in 1988, the story of Mikhail Gorbac…