Singaporean cybersecurity startup CloudSEK raises USD 7 million in Series A round
Singapore-based CloudSEK, an AI-based digital risk management platform that detects and resolves threats across the Internet with high precision, raised USD 7 million on 8th December. Investors: The investment round was led by MassMutual Ventures alongside Omidyar Network India, 100X Entrepreneur, individual investors Firoz Meeran and Navas Meeran (Group Meeran), and CRED founder Kunal Shah's QED Innovation Labs. Existing investors...
US-based cybersecurity Kasada raises USD 23 million in Series C round
US-based Kasada, a cybersecurity startup specializing in fighting persistent bot attacks on the web, mobile, and API channels, raised USD 23 million on 6th December. Investors: The investment round was led by new investor StepStone Group and participated by existing investors Ten Eleven Ventures, Main Sequence Ventures, Reinventure (Westpac's venture capital arm), Our Innovation Fund, and Turnbull & Partners. Purpose of...
Indian EV charging startup, Charge+Zone raises USD 10 million in a bridge round
India-based Charge+Zone, an electric vehicle charging infrastructure company that offers EV charging services using a smart-grid infrastructure to businesses and consumers, raised USD 10 million on 6th December. Investors: The investment round was led by Venture Catalysts. Additionally, some disclosed investors participated in the round. The startup had previously raised USD 3 million from several angel investors on 4th November....
Want to Pursue Entrepreneurship? Here’s What to Consider First
Globally, aspiring entrepreneurs are creating a startup boom. According to this piece on Forbes, the number of new businesses has soared worldwide, with countries like the United States seeing a 95% increase. While analysts predict that this bodes well for the international economy, this doesn’t necessarily promise the same for the entrepreneurs themselves. Many startups close after only five...
Indian audio streaming startup Pocket FM raises USD 22.4 million in series B round
India-based Pocket FM, an audio streaming service offering audiobooks, stories, and podcasts from the most diverse communities of creators, raised USD 22.4 million on 6th December. Investors: The investment round was led by Lightspeed, with participation from investors that included Times Group and Tanglin Venture Partners, a first-time investor. Purpose of funding: The startup plans to use the funds to expand...
Finnish fintech startup Enfuce raises 45 million euros in Series C round
Finland-based Enfuce, a platform for card-as-a-service (CaaS), offering a flexible, scalable, and secure solution for processing cloud-based payments, raised 45 million euros on 6th December. Investors: The investment round was led by Vitruvian Partners, a leading international investment firm that helps companies and entrepreneurs achieve their potential. Tencent participated in the investment round as well. Purpose of funding: The startup plans...
US-based fintech startup Stride Funding raises USD 12 million in series A round
US-based Stride Funding, a fintech startup that offers an affordable, flexible, and supportive way to pay off student loans, raised USD 12 million on 2nd December. Investors: The investment round was led by Firework Ventures, Brigette Lau and Ashley Bittner. Additionally, several investors who participated in this round include Juvo Ventures and Graham Holdings alongside existing investors GSV Ventures, Slow...
US-based tech Clarity AI raises USD 50 million in the latest round
US-based Clarity AI, a platform that provides social insights to investors and organizations about their investment portfolios, raised USD 50 million on 2nd December. Investors: The investment round was led by SoftBank Vision Fund 2 and included Fifth Wall ClimateTech Fund and existing investor BlackRock. Several investors including Sir Jonathan Ive, Deutsche Boerse, Kibo Ventures, Mundi Ventures, Seaya Ventures and...
Deep Dive: Airbnb
Airbnb has revolutionised travel, and its 4 million hosts have welcomed over 900 million guest arrivals to approximately 100k cities in almost every corner across the globe. So what are the risks that Airbnb faces? What are its future plans? How does it make money?
US-based SaaS startup Tigerhall raises USD 7 million in the latest funding
US-based Tigerhall, a SaaS platform that supports social learning upskilling with personalized content based on machine learning, user behaviour, and short quizzes, raised USD 7 million on 2nd December. Investors: The investment round was led by Monk's Hill Ventures. However, the investment round hasn't been disclosed. Vulpes Investment Management, XA Network, and Taurus Ventures participated in the round. Before this...
