LATEST ARTICLES

Indian edtech startup Adda247 raises USD 20 million in B round

India-based Adda247, an edtech platform offering professional training courses for senior hires and exam preparation, raised USD 20 million in the B round on 30th November. Investors: The investment round was led by WestBridge Capital. In addition to Info Edge, Asha Impact, and JM Financials, existing investors also participated in this round to hold their stakes until further investment. Purpose of...

Danish tech startup Weld raises 4.6 million in seed round

Denmark-based Weld, an integrated data platform that enables companies to build robust models and metrics and streamline their data workflows, raised USD 4.6 million on 30th November. Investors: The investment round was led by Frontline Ventures and Cherry Ventures, including several angel investors Des Traynor (co-founder of Intercom), David Clarke (former CTO at Workday), Phil Chambers (co-founder of Peakon) and...

UK-based software startup Cerbos raises USD 3.5 million in seed round

UK-based Cerbos, a software startup managing user permission more effectively in tech startups and other companies, raised USD 3.5 million on 30th November. Investors: The investment was led round by Crane, Seedcamp, 8-Bit Capital, Connect Ventures, OSS Capital, Acequia Capital, HelloWorld and Tiny. Additionally, several angel investors include Guillaume Pousaz, Paul Forster, Mike Stoppelman, Jeff Trudeau, Chris Barchak, and Pete...

Indonesian fintech startup GajiGesa raises USD 6.6 million in pre-series A round

Indonesia-based GajiGesa, a management and wellness platform for employees and workers offering financial services, management tools, and counselling, raised USD 6.6 million on 30th November. Investors: The investment round was led by MassMutual Ventures, with several investors include January Capital, Wagestream, Bunda Group, SmileGroup, Oliver Jung, Northstar Group partners including Patrick Walujo, Nipun Mehra (CEO, Ula), and Noah Pepper (Head...

Indian fintech startup Slice raises USD 220 million in series B round

India-based Slice, an innovative, simple, and transparent financial platform based on millennials' credit card payments raised USD 220 million on 29th November. Investors: The investment round was led by Tiger Global and Insight Partners. In addition to the new and existing investors, Flipkart founder Binny Bansal participated with Moore Strategic Ventures, Anfa, Gunosy, 8i, Blume Ventures, and Anfa. Purpose of funding:...

UK-based fintech startup Thought Machine raises USD 200 million in series C round

UK-based Thought Machine, a cloud-based banking technology company empowering the financial industry with digital transformation, raised USD 200 million on 29th November. Investors: Nyca Partners, ING Ventures, JPMorgan Chase, and Standard Chartered Ventures led the round. Several existing investors took part in the round to maintain their stakes, including Lloyds Banking Group, British Patient Capital, Eurazeo, SEB, Molten Ventures, Backed,...

Dutch consumer goods startup Accel Club raises USD 170 million in the latest round

Netherlands-based Accel Club, an online startup that acquires businesses, integrates them into its platform and boosts sales and branding, raised USD 170 million on 25th November 2021. Investors: In the latest round, both equity and debt are being considered. Redseed led the equity round with Flyer One Ventures, while North Wall Capital led the debt round. Purpose of funding: Using these...

UK-based fintech Allica Bank raises USD 146.7 million in series B

UK-based Allica Bank, a fintech startup providing professional services, enhanced financial tools and expert banking to small and medium-sized businesses, raised USD 146.7 million on 24th November 2021. Investors: The investment round was led by Atalaya Capital Management alongside existing lead investor Warwick Capital Partners. Purpose of funding: Using the funds, the startup plans to further invest in Allica's proprietary Technology...

UK-based financial services startup Vauban raises USD 6.3 million in a pre-series A round

UK-based Vauban, a platform that helps venture capital fund managers and angel investors raise capital and invest quickly, raised USD 6.3 million on 25th November. Investors: The investment round was led by Pentech, Outward VC, 7percent Ventures and MJ Hudson. Furthermore, high profile investors included Nested CEO Matthew Robinson; Grabayo founder Will Neale; ComplyAdvantage founder Charles Delingpole; Augmentum Fintech Partner...

German logistics startup Everstox raises 20 million euros in series A round

Germany-based Everstox, a platform to enable scalable warehousing and data-driven fulfilment for logistics service providers, raised 20 million euros on 25th November. Investors: The round was led by Acton Capital and included existing investors Capnamic Ventures, GFC, and Flash. Purpose of funding: The startup plans to double its global operative network with the funds and increase its employee base to 150...