India’s Cars24, a used-vehicle sales platform, raises $400M, now at a $3.3B valuation, to double down on growth

With supply chains in the automotive industry continuing to be disrupted due to Covid-19, demand has surged in the used-car market. Today, one of the startups that’s seeing a lot of growth as a result of that is announcing a big round of funding to further tap the opportunity. Cars24, a startup out of India […]

Tier scoots off with ‘first close’ of its $200M Series D

Berlin-based e-scooter rentals company Tier Mobility has announced what it’s billing as the “first close” of a $200 million Series D, as investors continue to plough money into urban micromobility. Today’s announcement follows a $60M debt raise this summer, and a $250M Series C last November (led by SoftBank). It’s not clear from its PR […]

Enpal closes out Series C with $174M from SoftBank for tech to make it easier for homeowners to make the switch to solar energy

One of the gating factors for getting more homeowners to make the switch to solar energy has been that solar, as a business, is hard one to get right, with many a company failing when they’ve been unable to strike the right balance between the technology working as it should, provisioning services in a cost-effective […]

Plume raises $300M as it passes 1.2B devices in 35M homes using its smart WiFi service

Plume — a communications startup that partners with carriers to provide smart mesh WiFi to improve broadband connectivity in homes, and then offers other smart home services on top of that network — has been in the middle of a massive boom in its business fueled by the rapid uptake, use, and complete reliance on […]

SoftBank sinks $200M into Andela, propels company into unicorn territory

CEO Jeremy Johnson sees more competition coming into the global tech talent hiring space as he saw the number of Andela applicants increase 5x in the past six months.

London’s Dice raises $122M at a $400M valuation for its intelligent event discovery and booking platform

Covid-19 really put the kibosh on live events in the last 18 months, but in the world of tech, it also meant that live event startups that found a way to survive and grow throughout the period got a lot of attention. In the latest development, Dice — a London company that has built a […]

Peak raises $75M for a platform that helps non-tech companies build AI applications

As artificial intelligence continues to weave its way into more enterprise applications, a startup that has built a platform to help businesses, especially non-tech organizations, build more customized AI decision making tools for themselves has picked up some significant growth funding. Peak AI, a startup out of Manchester, England, that has built a “decision intelligence” […]

Turkey’s first decacorn: Trendyol raises $1.5B at a $16.5B valuation

Trendyol, an e-commerce platform based in Turkey, has raised $1.5 billion in a massive funding round that values the company at $16.5 billion. General Atlantic, SoftBank Vision Fund 2, Princeville Capital and sovereign wealth funds, ADQ (UAE) and Qatar Investment Authority co-led the round.  The deal marks SoftBank’s first in the country. The new financing […]

Human Interest raises $200M at a $1B valuation, plans for an IPO

Less than six months after raising $55 million in a Series C round of funding, SMB 401(k) provider Human Interest today announced it has raised $200 million in a round that propels it to unicorn status. The Rise Fund, TPG’s global impact investing platform, led the round and was joined by SoftBank Vision Fund 2. […]