Millennial consumers are emerging as a key demographic in the insurance market, and today a Swedish startup that’s building a business catering specifically to their needs and priorities is announcing a round of funding to fuel its growth. Hedvig, a neo-insurer that provides property, travel, contents, and accident insurance geared to the lifestyles of younger […]
Which form of venture debt should your startup go for?
Given the surplus of liquidity, entrepreneurs have access to more funding options than ever. Venture banks, venture debt funds and venture capitalists are jockeying to prove their money is greener.
Sisu Data raises $62M to stop companies from making clouded business mistakes
Sisu Data, which aims to help businesses make better decisions, announced today it has raised $62 million in a Series C round of funding led by Green Bay Ventures. Existing backers Andreessen Horowitz (a16z) and NEA also put money in the round, along with new investor Geodesic Ventures. The financing brings San Francisco-based Sisu’s total […]
Amazon-backed buy now, pay later platform Capital Float raises $50 million
Capital Float, an Amazon-backed startup that offers its buy now, pay later service on many popular online platforms in India including that of the e-commerce firm, said on Tuesday it has raised $50 million in a new financing round following a strong growth in recent quarters. Lightrock India led the Bangalore-based startup’s Series D financing […]
Indian food delivery giant Swiggy in talks to raise funds at over $10 billion valuation
Indian food delivery startup Swiggy is in talks to raise over $500 million in a new financing round that could value it at over $10 billion, two sources familiar with the matter told TechCrunch. Atlanta-headquartered Invesco is in talks to lead — or co-lead — the new financing round in the Bangalore-based startup, which counts […]
India’s Bijnis lands $30 million to help manufacturers build digital identity and sell to retailers
The proliferation of affordable and fast mobile data allowed hundreds of millions of Indians to come online for the first time in the past decade. But there are scores of areas in the South Asian nation’s economy that remain largely offline. One of those is factories. There are about 150,000 factories in India, but the […]
New Age Meats bites into $25M for cultured meat product line development
The company will begin production of its first product offering, a variety of pork sausages, next year.
Astera Labs, a fabless chip startup, nabs $50M at a $950M valuation to remove bottlenecks in high-bandwidth cloud applications
As more enterprises migrate to cloud-based architectures, they are also taking on more applications (because they can) and, as a result of that, more complex workloads and storage needs. Machine learning and other artificial intelligence applications add even more complexity. Now a startup that has built technology to make that process move faster and more […]
Thailand’s fintech startup Ascend Money lands $150M at a $1.5B valuation
Ascend Money, the Thailand-based fintech startup behind TrueMoney, an e-wallet service, announced today it has raised a $150 million Series C round at a valuation of $1.5 billion. The Series C round was led by Charoen Pokphand Group, which is a major shareholder of Ascend Money, with participation from Bow Wave Capital Management and returning […]
London’s Dice raises $122M at a $400M valuation for its intelligent event discovery and booking platform
Covid-19 really put the kibosh on live events in the last 18 months, but in the world of tech, it also meant that live event startups that found a way to survive and grow throughout the period got a lot of attention. In the latest development, Dice — a London company that has built a […]