AFK Gaming raises US$200K in pre-Series A funding 

AFK Gaming raises US$ 200K in pre-Series A funding

AFK Gaming AFK Gaming raises US$200K. Mumbai-based esports content startup, AFK Gaming has raised US$200K in a pre-Series A funding round held in September 2020 from Inflection Point Ventures (IPV). Proceeds from the funding round will be used to expand its reach via programmatic and direct advertising. It is also looking forward to increasing the scope of coverage to other esport labels...

San Diego’s Stemson Therapeutics raises US$ 7.5M in Seed Round 

Stemson Therapeutics

Stemson Therapeutics San Diego based Stemson Therapeutics has raised US$7.5M in its seed funding round on 15 September 2020. The funding round was led by Allergan Aesthetics, an AbbVie Company and impact investor Fortunis Capital. The funds will help the firm to advance the development of Stemson's therapeutic solution to cure hair loss and also expand its management team and R&D...

First AML raises AU$ 7.3M in Series A funding 

First AML raises AU$ 7.3M in Series A funding

New Zealand-based anti-money laundering technology startup First AML has raised AU$ 7.3M in a Series A funding round. It was held in September 2020, led by Bedrock Capital along with participation from existing investors namely Pushpay founder Chris Heaslip and Icehouse Ventures. Most importantly, this is Bedrock Capital’s first APAC investment. With 40 employees based in Auckland, the capital raised...

Carousell raises US$ 80M 

Carousell raises US$ 80M in funding

Carousell raises US$80M Maple The latest round brings the startup’s valuation to US$ 900M. Singapore-based e-commerce startup, Carousell raises US$80M in a funding round held in September 2020, led by Naver Corp along with participation from Mirae Asset-Naver Asia Growth Fund and NH Investment & Securities. Lucas Ngoo, Marcus Tan Yi Wei, and Quek Siu Rui founded the startup in 2012. Carousell is...

Maple raises 75M CAD in funding 

Maple raises 75M CAD in funding

Maple Toronto-based telemedicine startup Maple has raised 75M CAD from Shoppers Drug Mart, a subsidiary of Loblaw Companies Limited. Maple and Shoppers Drug Mart will be working together in the approaching months to start new programs to enhance in-person and virtual healthcare. Proceeds from the funding round will be used to expand the startup’s network, team, and a range of technologies for hospitals,...

New York based Fintech startup Finch raises US$ 1.8M 

Finch

New York’s fintech startup Finch has raised US$ 1.8M in its seed funding round on 15 September 2020 to launch its platform. The seed funding round was led by Boston based Mendoza Ventures. Other participants in the round include Barclays, Techstars Investors and Draper Frontier. The funding will be used to launch the platform and help people transform how they save...

Financial waste Startups could consider avoiding!

Starting a business is an exciting time. But the reality is, one in five startups fail after only one year. One of the biggest reasons? Lack of funds. Even if entrepreneurs get traction quickly, the first year in business isn’t cheap. There are employees to manage, tools to buy and investments to make. Even in perfect conditions, funds tend to...

Swedish Fintech firm Klarna raises US$ 650M 

Klarna

Stockholm based fintech company Klarna has raised US$ 650M in a mega-round of funding on 15 September 2020. This has raised Klarna’s valuation to US$ 10.65M making it the highest-valued private fintech company in Europe.  The funding round was led by Silver Lake. Other participants included GIC (Singapore’s sovereign wealth fund), Merian Chrysalis, TCV, Northzone and Bonnier, BlackRock and HMI...

San Francisco based Courier raises USD 10.1M

San Francisco, California based start-up, Courier, which is a code-free twist API platform announced on 14th September 2020, that it has secured USD 10.1 million in Series A funding round led by Bessemer Venture Partners. Other participants include Matrix Partners, Twilio and Slack Fund. Earlier, the start-up has secured USD 2.3 million seed round from Matrix Partners, with the participation of...

The Moms Co raises US$ 8M in Series B funding 

The Moms Co raises US$ 8M in Series B funding

The Moms Co New Delhi-based mom and infant care products startup The Moms Co has raised US$ 8M in a Series B funding round held in September 2020 from investors such as Saama Capital, DSG Consumer Partners, Brand guru Shripad Nadkarni and Ashutosh Valani and Priyank Shah (founders of Beardo). The latest round brings the startup’s funding to a total of...