Record number of unicorns and IPOs: Indian startups raised $39B in 2021

In late March last year, as the virus started to spread across India, investors began to worry about the impact a potential pandemic could have on their portfolio firms. They exchanged notes, and on April 1, penned a joint open letter to the local startup ecosystem, advising firms to “prepare for the worst.” In the […]

Noname Security hits $1B valuation after $135M Series C raise

API security is all the rage these days, pushed into the limelight following a spate of high profile security incidents that saw reams of user data exposed or exfiltrated. Peloton spilled users’ private account information; Experian exposed the financial histories of millions of Americans; and Facebook, LinkedIn, and Clubhouse all had user data scraped en […]

Maple VC locks down $16.5 million for its second seed-stage fund by waving the Canadian flag

Maple VC is based in San Francisco, but don’t let that fool you, says its founder, Andre Charoo. The young fund, which launched in 2016 with $1.2 million in capital commitments, just closed on $16.5 million in capital commitments for a second fund that promises to almost exclusively back savvy Canadian founders, no matter where […]

India’s Slice becomes unicorn with $220M funding from Tiger Global, Insight Partners and Advent

Rajan Bajaj, founder of fintech Slice, chimed in on a Twitter thread early this year and wondered aloud what he needs to do to turn his startup into a unicorn before he turns 30. At just 28, Flipkart alum Bajaj has figured it out. I turned 28 few weeks back. I want @sliceit_ to become […]

In-game creation platform Overwolf raises $75M Series D led by Andreessen Horowitz

Overwolf, a platform that enables creators to build, share, and monetize items inside games, has raised a $75 million Series D funding round, led by Andreessen Horowitz (a16z). Previous investors including Griffin Gaming Partners, Insight Partners, Intel Capital, Liberty Technology Venture Capital, and Marker also participated. The funding will be pumped into Overwolf’s CurseForge Core, […]

AnyDesk, a maker of remote desktop software, raises $70M at a $660M+ valuation

Remote and hybrid working are the order of the day, and now a startup called AnyDesk that helps enable that to be pulled off smoothly — regardless of the architecture of a company’s network, or where a person happens to be working — is announcing a round of $70 million to fuel its growth. The […]

HawkEye 360 raises $145M to scale space-based radio frequency data and analytics

The biggest players in the Earth observation industry use imaging satellites to deliver intelligence and analytics, but startup HawkEye 360 is taking a different tack. The company monitors radio frequency (RF) signals, like those emitted by marine radios or emergency beacons, on the premise that invisible electromagnetic spectrum is as ripe for information as the […]

Adaptive Shield lands $30M Series A to build out its SaaS security platform

Adaptive Shield, a Tel Aviv-based startup that automates the security of software-as-a-service (SaaS) applications, has secured $30 million in Series A funding led by Insight Partners. The funding round, which also saw participation from Okta Ventures and existing investor Vertex Ventures Israel, follows a $4 million seed round in 2019. The company tells TechCrunch it will […]