After seven years in the production of electronic gadgets, under his company Imose Technologies, Osayi Izedonmwen took leave to explore an idea that he had toyed with for some time — an edtech startup, Teesas, which now offers video classes and other digital educational material for learners in...
Gillian Tan / Bloomberg:
LA-based Triller agrees to merge with SeaChange, taking the TikTok rival public at a $5B valuation, up from $1.25B in a recent round — Triller, a social-video platform, agreed to a merger with Seachange International Inc. in a move that will take the smaller rival to...
The European e-scooter market is currently the main battleground for companies playing in the micromobility space, taking advantage as they are of Europe’s relatively compact cities and the desire of populations to move to more sustainable transportation. In 2021, players like Tier, Voi and Dott...
Just four months after announcing $27 million in Series A funding, Overjet, a company developing dental artificial intelligence software, came forward again with another $42.5 million in Series B financing backed by existing investors.Prior to the company’s Series A, we profiled them in 2020...
Stenon, an AgTech company that has a real-time soil-sensing solution, has raised a $20 million Series A funding round from Founders Fund, David Friedberg’s The Production Board, and existing investors including Cherry Ventures and Atlantic Labs.
Founded in 2018 in Potsdam, Germany, Stenon’s...
Nigerian mobility tech startup Metro Africa Xpress Inc. (MAX) is planning to enter more markets across Africa as it races towards formalizing the continent’s transportation sector after securing $31 million in Series B funding.The startup told TechCrunch that it will use the funding to enter...
ManageXR announced today it has raised a $4 million seed round led by Rally Ventures, with venture partner and previous lead angel investor Jay Borenstein joining the company’s board of directors.With the latest funding, ManageXR will support its expanding team and go-to-market strategy as...
Re:cap, a non-dilutive funding platform in a similar vein to Pipe.com and Capchase but based in Europe, has closed a Seed financing round of $111.5 million, in a mix of growth capital and liquidity for the revenue-based financing platform. re:cap’s first product is now officially going live...
The thought of something Cheese Balls is enough to make my mouth water.Because who doesn’t love a good cheese ball, really? Cheese, at its very core, is already an awesome food. When mixed with a combination of other equally tasty ingredients, cheese balls are just the bomb! If you’re planning...
Wonder Dynamics aims to make “blockbuster-level” visual effects achievable by living-room-level creators using AI and cloud services, though it has kept its product closely under wraps. The secretive company, which boasts a star-studded set of advisors, has raised a $10M A round ahead of a...
Olist, a Brazilian e-commerce marketplace integrator, confirmed it is now valued at $1.5 billion after securing $186 million in Series E funding, led by Wellington Management.The new round follows quickly behind a $23 million Series D extension the company announced in April, led by new...
When COVID-19 closed down most of society in 2020, Kian Sadeghi, like many of his then-classmates at the University of Pennsylvania, found himself holed up in his bedroom. He prefers it that way.During those months at home in Brooklyn, Sadeghi filled eight spiral notebooks with research on...
Almost three million Americans a year are denied a mortgage. Most don’t even know where to start or understand what would qualify them. The system has become complex and confusing, causing people to never make it onto the housing ladder at all. This is in contrast to the mortgage industry, which...
In the same way that PayPal and Stripe radically changed online payments by allowing any online service to embed payments, the race is on to have the same impact on crypto assets. To this end, players such as Wyre (raised $29.1M) and MoonPay (raised $555M) have risen to the fore. But in the...
Rebag, which buys, sells and trades luxury items like handbags and accessories, raised a $35 million Series E round following a year of technology development and category expansion.We profiled Rebag back in 2015, when its name included two “g’s,” (gotta love URL availability) and had raised...
For decades, Brazil has had a huge credit problem. It is Latin America’s largest country and has one of the highest interest rate spreads in the world.To give you an idea of just how bad it is, reports indicated that in 2019, credit card interest rates neared a staggering 300% in Brazil...
Israeli SaaS security startup Atmosec today announced having raised a $6 million seed round led by Israeli VC firm Glilot Capital Partners and American fund Battery Ventures. Its team had previously participated in Intel Ignite’s fourth Tel Aviv startup acceleration cohort.Now out of stealth...
There are millions of tenders and public sector contracts published every year by governments globally. The value of all this is estimated to be about $5 trillion, and is expected to reach $9 billion by 2025. And of course, the pandemic has super-charged the need for digitized government...
CoinDesk:
Institutional bitcoin broker and custody services provider NYDIG raises $1B in a funding round led by WestCap, valuing it at $7B+ — NYDIG said Tuesday it raised a stunning $1 billion in a funding round that will value the firm at over $7 billion - and potentially expand bitcoin's...
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