Business FinTech firm Brex hired Karandeep Anand away from Meta and appointed him chief product officer (CPO) on the heels of an additional $300 million funding in a Series D-2 round led by Greenoaks Capital and Technology Crossover Ventures (TCV). “Brex has always moved fast....
Noting that the construction industry is one of the “least digitalized” industries, Munich-based Conxai has raised 2.7 million euros ($3 million) to harness artificial intelligence (AI) for the sector, EU-Startups reported. The startup said it’s on a mission is to help the architecture, engineering, and...
ThankUCash has closed its fundraising seed round by raising $5.3 million to build a platform to bring Nigerian customers loyalty programs, deals and rewards services, according to a TechCrunch report Monday (Jan. 10). Venture capital firms 500 Global and Unicorn Growth Capital led the seed...
SoftBank is investing $146 million in the South Korean artificial intelligence (AI) company Qraft Technologies Inc. to help it expand into the U.S. As The Wall Street Journal (WSJ) reported Monday (Jan. 10), Qraft manages $1.7 billion for Asian banks and insurance providers through its...
Berlin-based payments processor startup Denario has raised 1.3 million euros ($1.5 million) in a financing round, the company announced on Monday (Jan. 10). The German venture capital firm 468 Capital led the round, with participation from Presight Capital and MPGI. Denario said the latest investment will...
Indian investment app Groww announced this weekend that the head of one of the world’s biggest tech companies is in its corner. Groww CEO Lalit Keshre tweeted that Microsoft CEO Satya Nadella would be investing in the firm and providing guidance. “Groww gets one of...
Barely two weeks into 2022 and the French startup market is buzzing with venture-backed excitement. Paris-based marketplace Ankorstore announced Monday (Jan. 10) that it has raised a 250 million euro ($283 million) Series C funding round with a 1.75 billion euro valuation, giving France its...
Gousto, a London-based meal-kit subscription service, has secured 110 million pounds ($150 million) in funding with a valuation of 1.25 billion pounds ($1.7 billion), UKTech News reported. The funding was the result of 73.8 million pounds ($100 million) in equity financing from SoftBank’s Vision Fund...
The Malaysian online used-car marketplace Carsome Group has raised nearly $300 million in a funding round. As Bloomberg News reported Friday (Jan. 7), that funding was led by the Qatar Investment Authority, 65 Equity Partners and SeaTown Holdings, Pte., with the latter two being linked...
