Sure, an insurance infrastructure startup, announced today that it has closed on $100 million in Series C funding at a $550 million valuation. New York-based Declaration Partners and European growth investor Kinnevik co-led the financing, which also included participation from WndrCo and existing backers W. R. Berkley and Menlo Ventures. The round brings the Santa […]
From bootstrapped to a $417M valuation, Chile’s Buk raises $50M for its HR management platform
Chile’s Buk, which has developed a human resources management platform for Latin American companies, announced today that it has raised $50 million in a Series A funding round that values the company at $417 million. There are a few notable things about this financing. For one, it represents one of the largest (if not the) […]
Recruiting operations platform ModernLoop lands $3.3M to create better technical hiring experiences
ModernLoop automates many of the repetitive tasks recruiters do while also scheduling and balancing the interviewing workload so the right mix of people are involved and trained.
Senior care startup Honor secures $370M in debt and equity, reaches unicorn status
Senior care can be a sensitive topic as many older people find themselves in situations where they need care, but are not to the point where they need the kind of around-the-clock care provided by nursing homes. Many older people still want some independence and to retain their dignity as they age and lose the […]
Rendered.ai raises $6M on the promise of ending data scarcity
The availability of data can paralyze a company and its effort to bring software-centric products and services to market. To solve this issue, two-year-old data startup Rendered.ai is generating synthetic data for the satellite, medical, robotics and automotive industries. At its most broad, synthetic data is manufactured rather than gathered from the real world. “When […]
B2B marketplace ZAX targets Latin America’s wholesale sector with $6M in fresh capital
ZAX’s platform unites freight, delivery and payments tools to connect sellers and buyers in Brazil.
Temasek leads $550M Series C extension into Orca Security, which aims for further international foothold
This is the third in a quick succession of funding that Orca Security received in the past 12 months.
YC-backed Amenli raises $2.3M to provide insurance to Egyptian consumers
The average penetration rate for insurance in Africa is between 3% to 5%. South Africa makes up a large bulk of it; without it, the continent is on a 1% to 2% rate even with other developed technology and financial markets like Kenya, Nigeria and Egypt. The insurance market is still one of the industries […]
Habitual is using digital support plus food replacement to help reverse type 2 diabetes
London-based Habitual, a healthtech startup which offers a weight loss program aimed at people with type 2 diabetes (or prediabetes) that combines “evidence-based” food replacement with digital support to help people manage and even reverse the condition (so they can be medication free), has closed a $2.3 million seed round. The round was led by […]
Made of Air, a maker of ‘carbon negative’ thermoplastics, locks in $5.8M
Berlin-based climate tech startup Made of Air has closed a €5 million (~$5.8 million) seed funding round, led by Norwegian sustainability-focused family fund, TD Veen. Also participating are Patrick Pichette (former CFO of Google and chairman of the board of Twitter), EQT Group, Thomas Von Koch (CEO & co-founder of EQT Group), Tuesday Capital, the […]