Crypto asset management platform Cobo bags $40M Series B

Cobo, a Singapore-based crypto asset management platform, raised a $40 million Series B to accelerate the development of decentralized finance as a service (DFaaS). The round was co-led by DST Global, A&T Capital and IMO Ventures. The company will use its proceeds for the development of DeFi as a service (DFaaS) infrastructure and its existing […]

What Canva CEO Melanie Perkins looks for in a potential acquisition

We sat down with Canva co-founder Melanie Perkins at Disrupt 2021 to talk about how she has approached fundraising, and how she’s managed to grow Canva’s free and paid user base at a rapid clip.

Fintech startup Tag valued at $100 million in Pakistan’s largest seed round

Tag, a one-year-old startup that offers banking and financial services to users in Pakistan, has raised over $12 million in what is now the largest seed financing round in the South Asian market. Liberty City Ventures, Canaan Partners, Addition, Mantis and Banana Capital and others financed the round, which brings YC-backed Tag’s to-date raise to […]

Mexico’s Kavak drives away with $700M in new funding, doubling its valuation to $8.7B

Kavak, a Mexico City-based startup that operates a pre-owned car marketplace in Latin America, announced today that it has raised a massive $700 million in a Series E round that more than doubles the company’s valuation to $8.7 billion. This news is notable for a few reasons. For one, it’s a staggering sum for any […]

Just raises $8M in its effort to beat Root at the car insurance game

Just Insure, a pay-per-mile insurance technology company, has raised $8 million in a funding round.  CrossCut Ventures, ManchesterStory and Western Technology Investments co-led the investment, which brings its total raised to $15.3 million since its January 2019 inception. Los Angeles-based Just says it uses telematics “to reward safe drivers and reduce insurer bias” by looking […]