Cartona gets $4.5M pre-Series A to connect retailers with suppliers in Egypt

Year-old startup Capiter announced last week that it raised a $33 million Series A to digitize Egypt’s traditional offline retail market. It’s looking to take a large pie in the budding e-commerce and retail play, where multiple startups are pulling their weight including Cartona, also a year-old startup out of Egypt. Today, Cartona is announcing that […]

Near Space Labs closes $13M Series A to send more Earth imaging robots to the stratosphere

The decreasing cost of launch and a slew of other tech innovations have brought about a renaissance in geospatial intelligence, with multiple startups aiming to capture higher-quality and more frequent images of Earth than have ever before been available. Most of these startups, however, are focused on using satellites to collect data. Not so for […]

Fivetran hauls in $565M on $5.6B valuation, acquires competitor HVR for $700M

Fivetran, the data connectivity startup, had a big day today. For starters it announced a $565 million investment on $5.6 billion valuation, but it didn’t stop there. It also announced its second acquisition this year, snagging HVR, a data integration competitor that had raised over $50M, for $700 million in cash and stock. The company […]

Facetune maker Lightricks raises $130 million ahead of M&A plans

Facetune developer Lightricks, which operates over a dozen subscription-based photo and video editing apps across iOS and Android, now has $130 million in new funding to further grow its business. The company’s newly announced Series D round includes $100 million in primary and $30 million in secondary funding, and now values the company at $1.8 […]

Pakistan edtech startup Maqsad gets $2.1M pre-seed to make education more accessible

Taha Ahmed and Rooshan Aziz left their jobs in strategy consulting and investment banking in London earlier this year in order to found a mobile-only education platform startup, Maqsad, in Pakistan, with a goal “to make education more accessible to 100 million Pakistani students.” Having grown up in Karachi, childhood friends Ahmed and Aziz are […]

Aurora Propulsion Technologies closes €1.7M seed for spacecraft maneuvering and deorbiting tech

More spacecraft will be sent to orbit this year than ever before in human history, and the number of satellite launches is only anticipated to increase through the rest of the decade. Under these crowded conditions, being able to maneuver satellites in space and deorbit them when they reach the end of their useful life […]