Tech and Internet

myfisenseFebruary 24, 2021

Rethink is an add-on to Riverside’s portfolio company Buildout, a provider of SaaS-based marketing and deal management software, also serving the CRE market. Rethink was founded on the marriage of top CRM technology and true CRE experience and insights. With Rethink’s purpose-built CRM and CRE tools, integrations and award-winning client success team working seamlessly together, […]

myfisenseFebruary 23, 2021

Lucid Motors reached an agreement to become a publicly traded company through a merger with special-purpose acquisition company Churchill Capital IV Corp, in the largest deal yet between a blank-check company and electric vehicle startup. The combined company, in which Saudi Arabia’s sovereign fund will continue to be the largest shareholder, will have a transaction equity […]

myfisenseFebruary 23, 2021

Katana, an Estonian startup that has built manufacturing-specific enterprise resource planning (ERP) software for SMBs, has raised $11 million in Series A funding. Leading the round is European venture capital firm Atomico, with participation from angel investors Ott Kaukver (Checkout.com CTO), Sten Tamkivi (CPO Topia, formerly Skype), Sergei Anikin (CTO, Pipedrive) and Kairi Pauskar (former […]

myfisenseFebruary 22, 2021

Zhou Yuxiang doesn’t have the typical profile for working in China’s manufacturing world. A soft-spoken yet incisive person in his early thirties, Zhou graduated from Dartmouth College with a degree in government and went on to work in investment banking in Hong Kong, following the path of many Chinese overseas returnees. But a few years […]

myfisenseFebruary 17, 2021

Sweden-based cloud communications company Sinch has followed through on its strategy in that department. The company announced that it is acquiring Inteliquent, an interconnection provider for voice communications in the U.S. currently owned by private equity firm GTCR, for $1.14 billion in cash. And to finance the deal, Sinch said it has raised financing totaling SEK8.2 billion $986 […]

myfisenseFebruary 12, 2021

SCB 10X, the venture arm of Thailand’s Siam Commercial Bank, has announced the launch of a new fund worth US$50 million. The fund will invest in both early- and growth-stage startups globally, particularly promising startups in blockchain infrastructure for decentralised finance (DeFi) and digital assets, to ready the bank for the digital financial systems of the future. As per […]

myfisenseFebruary 11, 2021

Today, the Africa-focused but U.S.-based unified financial data platform announced its seed round of $3 million. The investment, led by Radical Ventures, Raptor Group, Lateral Capital and EchoVC was closed in Q3 2020 and came after the fintech startup raised $500,000 in pre-seed two years ago. It further reflects the continued customer growth from banks, fintechs, credit bureaus and microfinance banks in Ghana, Kenya […]

myfisenseFebruary 11, 2021

Spacelift, a startup that automates the management of cloud infrastructure, has raised $6 million in a Series A funding round led by London’s Blossom Capital. Polish fund Inovo Venture Partners and Hoxton Ventures are also investing. The Polish and US-based startup is taking advantage of the opportunity presented by the increasingly complex cloud world, with […]

myfisenseFebruary 10, 2021

CYE has raised $100 million in a new growth round, led by investment firm EQT and with participation from 83North. CYE was founded in 2012 by Reuven Aronashvili to help companies shore up their security posture. It does this in large part by conducting offensive operations against their customers with their explicit consent to find […]

myfisenseFebruary 9, 2021

Reddit has raised a new funding round, totalling $250 million. This is the company’s Series E round of financing, and it comes hot on the heels of renewed public attention on the site that has dubbed itself ‘the front page of the Internet,’ owing to the role the subreddit r/WallStreetBets played in the recent meteoric […]

Category: Tech and Internet

Riverside invests in Rethink as an add-on to Buildout

Lucid Motors strikes SPAC deal to go public with US$24B valuation

Katana raises US$11M Series A

Black Lake raises US$77M to give factories a digital upgrade

Sinch acquires Inteliquent for US$1.14B

SCB 10X launches new US$50M VC fund for blockchain, DeFi, digital assets

Pngme closes US$3M seed

Spacelift raises US$6M Series A

Cybersecurity startup CYE raises US$100M

Reddit locks in US$250M in Series E funding

Bitcoin miner Cipher to go public via US$2B SPAC merger

Fix Price raises US$2B in Russia's largest IPO since 2014

Flourish raises US$1.5M to help banks engage and retain customers

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