LATEST ARTICLES

Tiger Global vs SoftBank: Part 3

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In the first two parts of the series, we deep-dived into various facets of Tiger Global and SoftBank, from tracing their origins to dissecting their playbooks. In the third and final part of this series, we’ll explore the geographic concentration of their investments, year-wise investments, which rounds they invest in, who they invest with, their top bets, and finish off by comparing their differences.

Probo Medical acquires Mi Healthcare 

Tampa, Florida, U.S.-based global provider of medical imaging equipment, parts, repair, and service, Probo Medical acquired Mi Healthcare. The company announced the acquisition on August 15, 2022. However, it did not disclose the terms of the transaction. Purpose of acquisition by Probo Medical  With the latest acquisition of Mi Healthcare, Probo intends to expand its services in the UK. These services...

Guesty raises USD 170 million in Series E funding

Walnut, California, a U.S-based property management platform for the short-term rental and hospitality industry, Guesty raised USD 170 million. The Series E round took place on August 16, 2022. Apax Digital Funds, MSD Partners and Sixth Street Growth led the financing for the firm. Meanwhile, existing investors Viola Growth and Flashpoint also participated in the round.  Purpose of funding for...

Los Angeles-based coffee startup Chamberlain Coffee raises USD 7 million in Series A funding

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Los Angeles, 16 August 2022 The USD 7M Series A investment round for Chamberlain Coffee, the brainchild of YouTube sensation Emma Chamberlain, has closed. A new generation of coffee consumers is supported by the brand, which boasts a cult-like following thanks to its wide range of products and guarantee of premium, organic coffee beans sourced ethically from all over...

Boston-based insurtech firm Ledgebrook raises USD 4.2 million in seed funding

BOSTON, Aug. 16, 2022 — Ledgebrook, an insurtech startup based in Boston and established in March, has revealed that it has acquired USD 4.2M in early capital to expand its business and write its first policies in Q4 2022. Before expanding through numerous other product launches in 2023, the company intends to start by offering a broad-appetite E&S GL...

Philadelphia-based AI & Gaming startup Regression Games raises USD 4.2 million in seed funding

15 August 2022, Philadelphia  — To bring the power of artificial intelligence (AI) to gaming and esports, Regression Games, the AI gaming and esports company, announced it has closed USD 4.2M in seed funding which was led by New Enterprise Associates (NEA) with participation from Andreesen Horowitz (a16z), BBQ Capital, Roosh Ventures, and various angel investors.  In collaboration with already-existing...

Maryland- based home improvement startup Curbio raises USD 25 million credit facility from Cambridge Trust

Cambridge Trust, a bank with headquarters in Cambridge, Massachusetts, and Curbio, Inc., the premier pay-at-closing home repair solution for real estate agents, brokerages, and their listing clients, announced the completion of a USD 25 million credit facility. The USD 25 million credit facility increases Curbio's total investment for 2022 to USD 90 million, including the USD 65 million Series...

Comcast NBCUniversal selects 12 startups for Fifth LIFT Labs Accelerator

Philadelphia, the U.S-based telecommunications conglomerate Comcast announced the selection of 12 startups for the fifth Comcast NBCUniversal LIFT Labs Accelerator. The accelerator program powered by Techstars revealed the names on August 15, 2022.  The founders of the chosen companies will participate in this immersive 12-week program. Comcast Technology Center in Philadelphia intends to host the program. At Least one founder...

E.ON backs Future Energy Ventures in introducing Independent Climate Tech Fund

Germany-based venture capital firm Future Energy Ventures, the collaboration platform of E.ON, announced the launch of its new Fund. The company introduced the Luxembourg-domiciled venture capital fund, Future Energy Ventures Fund I SCA SICAV-RAIF (the Fund), on August 15, 2022. E.ON intends to serve as an anchor investor for the Fund. Purpose of the Fund launched by Future Energy Ventures  The...

Philippines-based parenting platform Edamama raises USD 20 million in Series A funding

One of Southeast Asia's most renowned venture capital firms, Alpha JWC Ventures, led a USD 20 million Series A fundraising round for Edamama, the top parenting-focused e-commerce platform in the Philippines. Gentry Fund, Robinsons Retail Holdings Inc. (RRHI), and Kickstart Ventures are connected to the Sy, Gokongwei, and Ayala families, respectively, and own the three most significant shopping mall operators...