An agreement between SoftBank and WeWork to bail out the latter from dire fiscal strife may be about to fall apart as SoftBank reportedly is looking for an out to parts of the deal, according to a report by CNBC. SoftBank might be considering backing...
A cloud-based rebate company called Enable has raised $13 million in a Series A funding round, according to a report. The U.K. company calls itself a “rebate management solution” with the goal of helping manufacturers and retailers handle rebates. Menlo Ventures led the round and...
Airbnb, despite having plenty of cash, has been open to listening to investors as the coronavirus pandemic unfolds worldwide and hits industries like travel and hospitality hard, according to published reports Thursday (March 19). The temporary home rental program has seen “significant” interest from investors...
SoftBank‘s first Vision Fund is now looking to grow larger, seeking another $10 billion to help portfolio companies affected by the coronavirus pandemic and its various complications, according to a report by Bloomberg. SoftBank is speaking with investors about an additional $5 million infusion into...
A big part of SoftBank’s bailout plans for office sharing company WeWork could be in jeopardy after SoftBank backed away from a plan to buy $3 billion worth of the company’s shares, according to a report by The Wall Street Journal. On Tuesday (March 17),...
To compete with Grab Holdings, Gojek has beaten tech industry tumult amid the coronavirus pandemic and notched $1.2 billion in fundraising, Bloomberg reported. The new funding was made final as the coronavirus accelerated its growth during the past week and brought about market routs throughout...
A funding round from Impossible Foods rounded up $500 million, and the vegan-based food maker said it will use part of that amount to help with the global coronavirus pandemic. Impossible Foods, which specializes in vegan alternatives to popular foods like beef patties, said it...
Shop101, the social commerce startup, has raised $3.9 million in a Series C funding round. Its current investors Kalaari Capital, Vy Capital, Unilever Ventures and Stellaris Venture Partners led the fundraising, according to a report from DealStreetAsia on Monday (March 16). Founded by Abhinav Jain...
FamPay, a Bengaluru, India-based digital payment app that lets parents pay and supervise financial activity for their underage kids, has raised $4.7 million in a funding round, according to reports. The round was led by Y Combinator, Venture Highway, Sequoia India and Global Founders Capital....
