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October 19, 2020

UK-based Pimloc has closed a $1.8million seed funding round led by Amadeus Capital Partners. Existing investor Speedinvest and other unnamed shareholders also participated in the round. The 2016-founded computer vision startup launched an AI-powered photo classifier service called Pholio in 2017 pitching the service as a way for smartphone users to reclaim agency over their digital memories without having […]

October 19, 2020

Shanghai-based electric vehicle (EV) company Enovate Motors announced on October 14, 2020 that it has raised RMB5 billion ($742 million approximately in current exchange rates) in its latest funding round. The Chinese car maker did not disclose the investors but state that the round was led by China’s local government industry guidance funds and large […]

October 19, 2020

Attention Holdings’ owned e-sports platform EVOS Esports has raised US$12 million in a Series B investment round. The round of funding was led by Korea Investment Partners (KIP) with participation from Mirae Asset Ventures, Woowa Brothers, Indogen Capital, and existing investor Insignia Ventures Partners. EVOS raised US$4.4 million in Series A funding from Insignia and several investors […]

October 19, 2020

Singapore-based smart electric motorbike startup ION Mobility has raised US$3.3 million in seed funding according to a statement released by an investor. Investors participating in the seed funding round include Monk’s Hill Ventures, TNB Aura and Village Global. Southeast Asian unit of 500 Startups, 500 Durians together with AngelCentral syndicate, kipleX and Seeds Capital also […]

October 16, 2020

It’s a big win for Nigerian Paystack as they struck a $200million deal that allows the Lagos-headquartered startup to integrate payment services. Stripe has made its biggest acquisition to date. Sources tell us that the acquisition price was more than $200 million. In an interview , Stripe CEO Patrick Collison said that expanding into Africa presents […]

October 16, 2020

Shenzhen Zhuyun Technology also known as Bamboo cloud, a Chinese identity management and access control (IAM) has secured RMB300 million (approximately US$44.4 million) in its Series C funding round according to an statement by one of the backers(Beijing Kunlun Wanwei) on WeChat. Participating include investors Sequoia Capital China and Kunlun Capital, the investment arm of […]

October 16, 2020

Singapore-based wholesale automotive marketplace company Carro, has announced it has raised the equivalent of US$110 million in debt financing and additional equity. Investors that participated in the round of funding are Mitsubishi Corporation and MS&AD Ventures, the venture arm of MS&AD Insurance Group Holdings. According to Carro’s statement this development comes on the backdrop of […]

October 15, 2020

Vivun’s co-founder and CEO, Matt Darrow disclosed he launched Vivun to build upon a pre-sales idea in 2018, and the company announced an $18 million Series A. Accel led the round with participation from existing investor Unusual Ventures. Vivun has raised a total of $21 million, according to the company. Darrow says that the company […]

October 15, 2020

Plenty‌ ‌Unlimited‌ has raised $140 million in new funding to build more vertical farms around the U.S. The new funding, which brings the company’s total cash haul to an abundant $500 million, was led by existing investor SoftBank Vision Fund and included the berry farming giant Driscoll’s. It’s a move that will give Driscoll’s exposure to Plenty’s […]

October 15, 2020

A startup called Sanity that runs a platform to help businesses code and systems to manage content announces picking up $9.3 million in new funding. The funding, a Series A, is being led by Threshold Ventures (the VC formerly known as Draper Fisher Jurvetson, rebranded in 2019 after none of the namesakes remained at the firm), with […]

Pimloc snags $1.8m for its AI-based tools

Enovate raises $742m to scale its electric vehicle operations

EVOS Esports raises $12m Series B financing

Singapore’s ION Mobility secures $3.3m to scale EV motorcycle productions

Stripe acquires Nigeria’s Paystack in a $200m deal

Bamboocloud raises $44.4m from Sequoia Capital China and Kunlun

Automotive marketplace Carro secures $110m in debt financing

Vivun racks up $18m Series A to keep growing pre-sales platform

Plenty bags $500m to grow fruits and veggies indoors

Sanity raises $9.3m from Ev Williams, Threshold and more

Pimloc snags $1.8m for its AI-based tools

Enovate raises $742m to scale its electric vehicle operations

EVOS Esports raises $12m Series B financing

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