Category: Venture Capital

myfisensemyfisenseSeptember 20, 2021
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3min00
Real estate manager CapitaLand Investment (CLI) on Monday marked its trading debut on the Singapore Exchange (SGX) with the stock hitting a peak of S$3.02 before settling at S$2.93, or 10.7 cents higher than its S$2.82 offer price. The listing, which makes CLI one of the world’s largest listed real estate investment managers (REIMs), comes […]

myfisensemyfisenseSeptember 20, 2021
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4min00
FloBiz, an Indian startup that is building a neobank for small- and medium-sized businesses in the South Asian market, said on Monday it has raised $31 million in a new financing round as it works to broaden its product offerings. Sequoia Capital India and Think Investments co-led the 18-month-old startup’s Series B financing round. Existing […]

myfisensemyfisenseSeptember 20, 2021
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5min00
Flippa, an online marketplace to buy and sell online businesses and digital assets, announced its first venture-backed round, an $11 million Series A, as it sees over 600,000 monthly searches from investors looking to connect with business owners. OneVentures led the round and was joined by existing investors Andrew Walsh (former Hitwise CEO), Flippa co-founders […]

myfisensemyfisenseSeptember 17, 2021
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4min00
Aircover raised $3 million in seed funding to continue developing its real-time sales intelligence platform. Defy Partners led the round with participation from Firebolt Ventures, Flex Capital, Ridge Ventures, and a group of angel investors. The company, headquartered in the Bay Area, aims to give sales teams insights relevant to closing the sale as they are […]

myfisensemyfisenseSeptember 17, 2021
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3min00
San Francisco-based early-stage venture investor 500 Startups has reached the final close of its global flagship fund at $140 million, its largest to date, according to an announcement. The 11-year-old venture capital firm also rebranded as 500 Global, with assets under management of $18 billion, expanding its investment strategy beyond the accelerator and seed stage. […]

myfisensemyfisenseSeptember 17, 2021
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3min00
XTransfer, a Chinese cross-border financial and risk management services provider, has reached unicorn valuation after raising $138 million in a Series D round to fund its global ambitions starting from Southeast Asia. The latest round was led by Dan Sundheim’s hedge fund D1 Capital Partners with participation from the firm’s existing shareholders, according to a […]

myfisensemyfisenseSeptember 16, 2021
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2min00
Thai alternative digital lending platform SCB Abacus has raised $12 million in a Series A funding round led by Openspace Ventures, according to an announcement. The financing was joined by Vertex Ventures Southeast Asia and CAI Partners. The company plans to use the capital to expand its product offerings, strengthen its technology infrastructure and underwriting […]

myfisensemyfisenseSeptember 16, 2021
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3min00
SmartNews, a Japanese news aggregator that turned unicorn in 2019, announced raising $230 million in its Series F funding round, bringing the company’s total capital raised to date to more than $400 million. The latest round values SmartNews at $2 billion, the highest for a standalone news app. In 2019, the company had raised an […]

myfisensemyfisenseSeptember 16, 2021
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5min00
Trucking tends to be associated with highways, but it’s not uncommon to find large delivery vehicles trundling down the tightly packed streets of the world’s most populated cities. According to EV startup Volta Trucks, that’s far from ideal: in London, large commercial vehicles cause around 26% of pedestrian fatalities and around 80% of cyclist fatalities […]

myfisensemyfisenseSeptember 16, 2021
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3min00
Pine Labs said on Thursday it has raised an additional $100 million, just weeks after securing $600 million in a financing round, as the Asian merchant commerce platform begins to explore the public markets. The U.S.-based investment management company Invesco Developing Markets Fund made the $100 million investment, the startup said in a statement. Pine Labs, […]

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