China’s crackdown on technology companies and cryptocurrencies has venture capitalists looking to back companies in the U.S. instead of Asia, a scenario that hasn’t happened since 2017, Bloomberg reported Wednesday (Dec. 1). “We’ve basically seen no deals in China,” CB Insights analyst Chris Bendsten told...
Cardless payment network Simpl closed a $40 million Series B funding round to expand buy now, pay later (BNPL) in India, according to a Wednesday (Dec. 1) press release. Simpl gives online retailers the ability to offer customers the option of embedded one-tap checkout, BNPL...
Autonomous billing platform Anchor closed a $15 million seed funding round led by Rapyd Ventures, Entrée Capital, and Tal Ventures, according to a press release on Wednesday (Dec. 1). The fresh capital will be used to grow its team beyond its current workforce of 16,...
The mobile ordering and payments startup Mr. Yum has raised $89 million in a Series A funding round, which the Australian company says is a milestone for two reasons. First, it’s the third largest Series A in the country’s history. Secondly, it’s the biggest series...
Borderless Capital will be debuting a new $500 million fund to develop projects built on the Algorand blockchain, CoinDesk reported. The fund is called ALGO Fund II. The fund will work with digital assets that will power new decentralized apps. Projects will “disrupt the creators...
Fueled by a $150 million investment from Japanese investment company SoftBank, the virtual world of Zepeto is now worth more than $1 billion, according to a Tuesday (Nov. 30) Wall Street Journal report. The 3-year-old South Korean metaverse platform enables its users to create 3-D...
Trucking operations software company CloudTrucks on Tuesday (Nov. 30) announced it wrapped up a Series B fundraising round that brought in $115 million, bringing the company’s valuation to $850 million, according to a Forbes report. Tiger Global and Menlo Ventures led the latest CloudTrucks funding...
Singapore’s YouTrip has raised $30 million in a Series A funding round, money the payments startup says it will use to enter the B2B payments market, per a Tuesday (Nov. 30) company blog post. This latest round brings the total funds raised by YouTrip to...
Dubai-based delivery company iMile founder and CEO Rita Huang on Tuesday (Nov. 30) said the company has wrapped up a $40 million Series A funding round at a $350 million valuation, marking the largest fundraising effort of its kind by a woman in the region. ...
