Kueski, a Mexico City-based “buy now, pay later” and online consumer lender, announced today it has secured $202 million in equity and debt funding. StepStone Group (which recently acquired Greenspring Capital) led the $102 million equity round and Victory Park Capital led the $100 million debt financing. StepStone was joined by other new investors including […]
Shiftsmart, a marketplace matching shift workers to employers, grabs $95M
The days of shift work that involve “coming in at 2 p.m. or you are fired,” is a dated concept.
Meru.com takes in new capital toward its goal of being LatAm’s ‘Alibaba’
Meru customers can select and purchase products in minutes with a guarantee from the company that they will receive those products and at the best market prices.
Karamba Security raises another $10M for its IoT and automotive security platform
Karamba Security, an Israel-based security startup that focuses on the IoT and automotive industry, today announced a $10 million extension to its $12 million Series B round from 2017. This extension was led by automotive startup VinFast, a member of Vietnam’s Vingroup conglomerate, which itself is reportedly looking to raised $1 billion for VinFast. South […]
Kayak co-leads Life House’s $60M Series C to ‘reimagine’ the hotel experience
Life House, a boutique hotel operator that has built software aimed at helping independent hotel owners and operators, has raised $60 million in a Series C round of funding co-led by new investors Kayak and Inovia Capital. Existing backers Tiger Global, Derive Ventures, Thayer Ventures, JLL, Trinity Ventures, Sound Ventures and Cooley LLP, among others, […]
Ahead of public market debut, Better.com lays off 9% of its staff
One day after announcing an amendment to its SPAC agreement, digital mortgage lender Better.com confirmed today that it is laying off roughly 9% of its nearly 10,000 person staff. Doing the math, that amounts to about 900 people. The company declined to comment beyond the following written statement from CFO Kevin Ryan: “A fortress balance […]
Jobandtalent raises $500M Series E to keep scaling its ‘workforce as a service’ marketplace
Spain’s Jobandtalent, a “workforce marketplace”-cum-digital temping agency which uses AI to match workers to casual labor gigs in sectors like warehousing, ecommerce and logistics, has closed a $500 million Series E round of funding led by Kinnevik and with what it bills as a “significant” follow on by SoftBank VisionFund 2. Existing investors including Atomico, […]
Sydney-based medtech startup Harrison.ai gets $129M AUD led by Horizons Ventures
Harrison.ai, a Sydney-based company that creates medical devices with AI technology, announced today it has raised $129 million AUD (about $92.3 million USD) in what it says is one of the largest Series B rounds ever for an Australian startup. The funding was led by returning investor Horizons Ventures, and included participation from new investors […]
Indonesia-focused AC Ventures closes oversubscribed $205M third fund
More investor money is flowing into Indonesia’s startup ecosystem. Today, AC Ventures, which focuses early-stage startups in the country, announced it has raise $205 million in committed capital for its oversubscribed Fund II, more than double its original target of $80 million. Investors include World Bank’s International Finance Corporation (IFC) and Disrupt AD, the venture […]
Massive wants to rent your spare compute power to pay for apps
Startups are often questions: What if we did things in a new way, instead of the way we have been? Massive is a good example of the genre: What if users could pay for apps or services not with money or attention, but with their spare compute power? The general concept of distributed compute power […]