Lightspeed Venture Partners to chase more growth-stage deals
Lightspeed Venture Partners, a U.S-based venture capital firm, has announced to chase more growth deals on February 15, 2022. Its scout team will execute the firm's decision by looking up more opportunities. The firm generally invests at the early stages for funding start-ups. Seed funding and Series A type investments are the most popular. At the same time, Series D...
African Fintech Startup Flutterwave raises US $250 million in Series D
Flutterwave became a unicorn after a mega-round headed by Tiger Global. Nine US investors co-invested US $250 million at a US$3 billion valuation on 16th Feb 2022, betting that the six-year-old African fintech startup will eventually dominate its market. Flutterwave has become Africa's highest-valued startup. Flutterwave plans to utilize the funds to expand and acquire new customers by seeking firms to...
Singaporean based tech-startup Reebelo raises US $20M in Series A
Singapore based tech-startup Reebelo raised US $20 million in series A funding round on February 15, 2022, to prevent pre-owned electrical gadgets from ending up in landfills. The increased investment will help the startup to expand and hire more employees. With a 600 percent yearly growth rate, Reebelo aims to establish the largest pre-owned, refurbished electronics inventory. It is...
London – based stationery startup Papier raises US$ 50 million in Series C
Papier has raised US $50 million in a Series C round on Feb 14, according to Taymoor Atighetchi, the London startup's CEO and founder. The objective of this funding is to expand its products to include more paper-based products, along with pens and the other supplies you might find on your physical desktop, such as desk storage, writing utensils...
Trulioo Acquires Danish-based Fintech start-up HelloFlow in a US$ 50 Million plus deal
The Acquisition: Trulioo, a Canadian market leader in consumer identity verification, has acquired HelloFlow, a Danish fintech company on 8th feb 2022. The acquisition will allow Trulioo to deliver an enhanced end-to-end identity platform faster by merging GlobalGateway's onboarding workflow and risk management capabilities with HelloFlow's onboarding workflow and risk management capabilities. Trulioo, which was valued at US$ 1.75 billion after a...
The search for Saudi Arabia’s next tech unicorn by VC firm “500 Global”
500 Global has expanded its prodigious fundraising pace to Saudi Arabia, where it is on the lookout for the next tech unicorn – a company worth more than US$1 billion. Christine Tsai, the fund's CEO, said that they've distributed their holdings over a wide spectrum of companies in the hopes of finding the next big thing. The Firms View: Tsai said their...
Israel-based deep tech startup CogniFiber secures US$ 6M in Series A
CogniFiber, an Israel-based startup developing photonic AI accelerators for IoT analytics using cutting-edge photonic deep learning processors, has raised US$ 6 million in a Series A funding round led by Chartered Group on 9 February 2022. Investors: The latest investment round featured Chartered Group, a private equity organization having prowess in disruptive technologies with a market presence in Asia and Europe,...
Indonesian startup Brick raises US$ 8.5M in Seed funding
Brick, a Jakarta-based startup developing cutting-edge APIs for consumer tech and fintech organisations, has raised US$ 8.5 million in a Seed funding round led by Antler and Flourish Ventures on 10 February 2022. Investors: The latest investment round featured Antler and Flourish Ventures as the lead investor with participation from Better Tomorrow Ventures, Trihill Capital, Rally Cap Ventures and other...
Turkish retail investing startup Midas secures US$ 11M in equity funding
Midas, Istanbul-based retail investing startup envisaging making investing a pushover for first-time investors, has raised US$ 11 million in an equity funding round led by Spark Capital and Earlybird Venture Capital on 7 February 2022. Investors: The latest investment round featured Spark Capital and Earlybird Venture Capital as the lead investor with participation from Revo Capital and angel investor Nigel Morris. Purpose...
