Travelio, a property technology startup based out of Indonesia, recently announced that the Samsung Venture Investment Corporation has joined the company’s Series B funding round, according to reports. This is the second investment in Indonesia for the venture capital arm of Samsung — it invested...
San Francisco FinTech Brex announced a $200 million debt capital raise from Credit Suisse that will be used to expand its eCommerce business and credit offerings to new companies, Brex announced in a press release on Thursday (Dec. 12). Brex deals in business-to-business (B2B) payments...
London FinTech startup Portify has raised £7 million in a Series A funding round led by Redalpine, with participation from existing investors Kindred and Entrepreneur First, TechCrunch reported on Thursday (Dec. 12). Portify will use the funding to scale its credit finance service that assists...
WhyHotel, a company that offers pop-up hotel rooms in recently built luxury apartments, has raised $20 million in a Series B funding round, according to a report by VentureBeat. With the advent of Airbnb, a number of startups have been created in its wake, with...
Qwil, a company that gives loans to small businesses and freelancers, has received $24.4 million in equity, as well as $200 million in debt funding, according to a report by Reuters. Investors in Qwil include Jefferies Financial Group, while the funding round was led by...
Indian business-to-business (B2B) marketplace startup Zetwerk has raised $32 million in funding, led by new investors Lightspeed and Greenoaks Capital, reports said on Tuesday (Dec. 10). Existing investors Sequoia India, Accel and Kae Capital also participated in the Series B funding round, as well as...
There are so many canine metaphors to use here. It was the investment that went to the dogs. It’s been rough sledding for Wag. This one took a bite out of results … and so on. You get the picture. But the real lessons for...
A baby food delivery startup named Yumi has raised $8 million in a funding round backed by some of the most notable names in Silicon Valley, according to a report. Allbirds, Warby Parker, Harry’s Sweetgreen, Soul Cycle, Uber, Casper and the chief of Blue Bottle...
SoftBank is giving up on the dog-walking startup Wag after investing $300 million two years ago, The Wall Street Journal (WSJ) reported on Monday (Dec. 9). Wag CEO Garrett Smallwood — who was hired just last month — told employees that the company was “amicably...
