Swap, a São Paulo-based BaaS startup, announced today it has raised $25 million in a Series A led by Tiger Global Management. The financing was “heavily oversubscribed,” according to the company, which has now raised $28 million since its October 2018 inception. Endeavor, Tinder co-founder Justin Mateen, partners of DST Global, ONEVC, Global Founders Capital […]
Cover, a modular home builder that’s modeled in ways after Tesla, has raised a $60 million Series B
There are lots of startups now working on modular home design. Among the most interesting is Cover, a seven-year-old, LA-based company that says it manufactures fully complete wall, floor and roof panels in its factory, then transports them on a standard truck and assembles them on site — without a crane. The materials it is […]
Amazon-backed insurtech Acko joins unicorn club with $255 million funding
Insurance policy provider Acko is the latest Indian startup to become a unicorn, joining nearly three dozen other firms in the world’s second-largest internet market that have attainted the coveted status this year. The Bangalore-headquartered startup said it has raised $255 million in a new financing round, bringing its all-time raise to $450 million. The […]
Daring Foods bites into third round in 12 months as plant-based chicken product enters Walmart
The company saw 900% growth over the past 12 months and will be using the new funding to support that growth and new innovation.
Abacus.ai snags $50M Series C as it expands into computer vision use cases
Abacus.ai wants to build an AI platform that simplifies machine learning model creation, while still leaving room for power users. Today the company announced a $50 million Series C. At the same time, it announced that the platform was expanding to include computer vision use cases. Tiger Global led the round with participation from Coatue, […]
Attest raises $60M to expand its no-code approach to research-surveys-as-a-service, which taps 110M consumers in 49 countries
Surveys have long been used by marketing teams and other business decision makers to learn how customers tick. But they can be costly to put together, hard to run at scale, and, at the end of the day, are only as credible as the data that gets put into them. Today, a London startup called […]
Health tech startup mPharma acquires Vine Pharmacy, enters Uganda
mPharma, a Ghanaian health startup, has taken a controlling stake in Uganda’s Vine Pharmacy for an undisclosed amount, marking the firm’s entry into its latest market in Africa. mPharma disclosed to TechCrunch that it has acquired a 55 percent stake previously held by the Abraaj Group, a private equity firm that collapsed after investors, including […]
Zolve raises $40 million to help global citizens access financial services
Zolve, a neobanking startup that aims to help immigrants in the U.S. gain access to financial services, said on Wednesday it has raised $40 million in a new financing round as it begins to roll out its offerings. Partners of DST Global led the Bangalore-headquartered startup’s Series A financing round. The round, which values the […]
DeHaat raises $115 million in the largest agritech round in India
DeHaat, an online platform that offers full-stack agricultural services to farmers in India, has raised $115 million in what is the largest funding round for an agritech startup in India, where farm produce yields two-thirds of the country’s $1 trillion in annual retail spending. Sofina and Lightrock co-led the 10-year-old startup’s Series D financing round. […]
Tiger and Falcon look to double down on Indian social commerce startup DealShare
Tiger Global and Falcon Edge Capital are looking to double down on their bets on DealShare, becoming the latest high-profile investors to go all-in on India’s nascent but growing social commerce trend. The two firms, both of which are already an investor in Jaipur-headquartered startup (AWI, which is managed by Falcon, is an early investor […]