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 […]
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 […]
Indonesian halal-focused social commerce startup Evermos lands $30M Series B
Evermos is an Indonesian social commerce startup with two goals: to let people earn extra income by opening online stores without spending capital and to help small brands grow into household names. The company, which focuses on halal products and other items for Muslim customers, announced today it has raised a $30 million Series B, […]
Alpha Medical closes $24M Series B round to expand women’s telehealth — without the video calls
Alpha Medical, a telemedicine company focused on women’s healthcare, closed a $24 million Series B round on Tuesday. It’s another company situated squarely in the crosshairs of a pandemic-fueled boom in telemedicine investment, though Alpha Medical’s approach has one notable difference: you won’t be logging on to any Zoom calls. Alpha Medical was founded in […]
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 […]
Niio announces $15M Series A following strategic partnership with Samsung Displays
Niio, a Tel Aviv-based digital art platform featuring work ranging from contemporary artists and galleries through to NFTs, announced today it has closed $15 million Series A funding in the wake of a strategic partnership with Samsung Displays, announced last week. The round was co-led by L Catterton, a joint venture between LVMH and Catterton, Entrée Capital […]
NEX raises $25M, launches Active Arcade to get people moving
There is a physical activity deficit in our world. Three fourths of adults say staying in shape is very important for health benefits. Yet, one in four adults and 81% of adolescents are insufficiently physically active, according to the World Health Organization. Even before COVID-19, less than 24% of children 6 to 17 years of […]
Bilt Rewards banks $60M growth on a $350M valuation to advance credit card benefits for renters
The latest round comes just 90 days from Bilt’s launch.
Ellen DeGeneres, Portia de Rossi, Shaun White, Shawn Mendes get behind Shelf Engine
Shelf Engine’s grocery order automation technology applies AI to food order volume so that grocery customers can reduce their food waste by as much as 32%.
EarthOptics helps farmers look deep into the soil for big data insights
Farming sustainably and efficiently has gone from a big tractor problem to a big data problem over the last few decades, and startup EarthOptics believes the next frontier of precision agriculture lies deep in the soil. Using high-tech imaging techniques, the company claims to map the physical and chemical composition of fields faster, better, and […]