Voi scooters raises $115M Series D round as it preps to enter new cities — and for an IPO

The European e-scooter market is currently the main battleground for companies playing in the micromobility space, taking advantage as they are of Europe’s relatively compact cities and the desire of populations to move to more sustainable transportation. In 2021, players like Tier, Voi and Dott continued to raise VC backing. But the war for funding […]

Zepto, a 10-minute grocery delivery app in India, raises $100 million

Zepto, a Mumbai-based startup that operates a 10-minute instant grocery delivery service, has more than doubled its valuation to $570 million from $225 million less than two months ago as it expands into newer cities. Y Combinator’s Continuity Fund led the $100 million Series C round in Zepto, the two said Monday. Glade Brook, Nexus, […]

AI chip maker Kneron raises $25M for autonomous driving push

AI chips, which are semiconductors designed to accelerate machine learning, have many applications. One of the promising use cases, according to Albert Liu, is using AI chips in autonomous driving vehicles. That’s why Liu’s AI chipmaking startup Kneron has been quietly racking up investments to march into smart transportation. It recently closed a new round […]

Rocket Companies buys Truebill for $1.275B

Rocket Companies announced this morning that it will purchase Truebill for $1.275 billion in cash. Rocket Companies is best known for its Rocket Mortgage product, while Truebill is a consumer-facing app that helps consumers manage subscriptions, automate savings and budget. The deal’s price tag will prove lucrative for Truebill shareholders. PitchBook data indicates that Truebill’s […]

Ameelio’s free video calling service for inmates goes live at first facilities

Ameelio, a nonprofit startup that intends to replace inmate-paid video calling in prisons with a free service, is making inroads against the companies that have dominated the space for decades. With nine facilities in Iowa up and running and talks progressing with dozens more ahead of a planned 2022 launch, the company may soon usher […]

Interactive streaming platform Adventr raises $5M in seed funding

Founder and CEO Devo Harris got the idea for Adventr while working with the music industry’s biggest artists. “Adventr was inspired by my experience creating content for artists like Kanye West, Britney Spears and Nas,” he said. “The music videos where I introduced interactive components shot up in popularity, proving that engaging viewers was not […]

ZeroFox goes public in $1.4B SPAC deal

ZeroFox, an enterprise threat intelligence cybersecurity startup that helps companies detect risks found on social media, has announced plans to become a publicly traded company via a merger with blank-check company L&F Acquisition. As part of the transaction, Maryland-based ZeroFox — which has raised more than $154 million in funding since it was founded in […]