Nigerian mobility tech startup Metro Africa Xpress Inc. (MAX) is planning to enter more markets across Africa as it races towards formalizing the continent’s transportation sector after securing $31 million in Series B funding. The startup told TechCrunch that it will use the funding to enter Ghana and Egypt by the end of the first […]
Kurly lands $210M pre-IPO at a $3.3B valuation months after its last funding
Just half a year after its last Series F round announcement, Korean online grocery startup Kurly has closed $210 million in a pre-IPO round from single backer Anchor Equity Partners, a Hong Kong-based private equity firm. The latest funding brings its total raised to approximately $761 million and values the company at $3.3 billion. The Seoul-based startup that […]
Indian fintech giant Razorpay valued at $7.5 billion in $375 million funding
Razorpay has more than doubled its valuation to $7.5 billion from $3 billion in April as one of India’s largest fintech giants demonstrates fast growth and aggressively broadens its product offerings. The Bangalore-headquartered startup, which is a market leader in payments processing in India, said Sunday evening it has raised $375 million in its Series […]
Coatue, Robert Downey Jr. fund cove.tool’s design tools for sustainable building
While there is plenty of technology out there to help make a building more sustainable, the ability to incorporate features into its design can be easier said than done. Enter cove.tool, a startup that wants to make sure buildings are sustainable by design from the moment of inception. The Atlanta-based startup, which has raised $30 […]
Backed by former Facebook and Twitter execs, Tagg launches social branding app for Gen Z
Gen Z isn’t satisfied with the social media they grew up with, so they’re building the apps that they want to use. A “social branding” app for creative teens and twenty-somethings, Tagg is announcing a $2 million seed round today from Twitter co-founder Biz Stone, Facebook’s former VP of International Growth Ed Baker, TripAdvisor founder […]
Fraîche grabs new capital to whip up fresh-delivered meals for New York offices
The company includes a smart fridge that is stocked with meals and snacks daily, and a mobile app so that office employees can check out the contents whenever they want.
Full Harvest targets food waste by finding homes for imperfect, surplus produce
Within the past two years, Full Harvest’s impact on keeping food out of landfills grew five times, prompting the company to seek out additional capital to keep the momentum going.
Vertical farming startup Infarm raises $200M for international expansion
Europe-based vertical farming firm Infarm this week announced a $200 million Series D. The round, led by the Qatar Investment Authority (QIA), follows last year’s $170 million raise. It pushes the company’s total funding to north of $600 million, while placing its valuation “well” north of $1 bililion, earning its place as Europe’s first vertical […]
Voly raises $13M led by Sequoia to deliver instant groceries in Australia
The trend that is instant grocery delivery — online ordering of essentials with your purchases being delivered to you in under an hour — continues to proliferate across multiple markets, and in the latest development, Sequoia is leading an investment in one out of Australia. Voly, a five-month-old Sydney-based startup that offers thousands of SKUs […]
AI-powered VFX startup Wonder Dynamics raises $10M A round
Wonder Dynamics aims to make “blockbuster-level” visual effects achievable by living-room-level creators using AI and cloud services, though it has kept its product closely under wraps. The secretive company, which boasts a star-studded set of advisors, has raised a $10M A round ahead of a planned launch later in 2022. The company was founded by […]