The Seoul venture capital division of Japanese multinational holding company SoftBank has raised $270 million, or 317 billion won. The new fund of SoftBank Ventures Asia will invest globally in early-stage startups, with Asia being the cornerstone, Reuters reported Friday (July 19). Investors include South...
Indian financial services marketplace MyMoneyMantra announced that it has raised $15 million (INR 100 crore) in funding from Dutch-based IFSD and private equity firm Vaalon Capital. The company said it will use the funding to enhance its “phygital” distribution capabilities. “This investment is a fantastic endorsement...
Postmates CEO Bastian Lehmann said he plans to take the company public this year, even though there are rumors swirling that the company is courting sellers, according to a report from Fortune. “The official line is ‘I can’t comment,’” he said, and later remarked, “Our...
Turo, a car-sharing startup, has raised $250 million from IAC in a Series E funding round, which puts the company’s valuation at above a billion dollars, according to reports. IAC is an internet media company that previously owned Match.com and OkCupid. The funding round brings...
Pioneers of the first diamond-coated unclonable security tag for supply chain security and end-to-end tracking, DUST Identity has announced $10 million in Series A funding. The investment will be used to accelerate product development and engineering while also fueling global go-to market strategy and deployment, DUST...
As Go-Jek continues its ongoing Series F fundraising, Visa has jumped onboard as both investor and collaborator. The two companies are working together to offer more options for cashless payments and smoother transactions for consumers across Indonesia and Southeast Asia, Go-Jek said in a press...
Built In, a platform connecting professionals with technology companies across the country, has announced it raised $22 million in Series C funding. The round was led by Updata Partners, with participation from existing investors including MATH Venture Partners, which led Built In’s previous two funding...
FinTech Lendbuzz has announced Monday (July 15) that it has secured an additional $150 million in debt and equity financing led by 83North, with participation from existing investors. The debt funding was led by BHI, ConnectOne Bank, IDB Bank, Viola Credit and a large insurance...
Six-year-old digital payments startup SumUp has managed to secure a 330 million-euro ($371 million) loan, backed by Bain Capital Credit and Goldman Sachs Private Capital. The new funds will reportedly go toward financing expansion, according to Bloomberg. The firm is reportedly looking to grow its...
