Egyptian digital payment provider Paymob raises USD 3.5M

Paymob

Cairo-Egypt based Paymob, a digital payment provider announced on 11th August 2020, that it has secured a funding of USD 3.5M in a round. The round was led by Dutch Entrepreneurial Development Bank FMO and Global Ventures with a follow on investment by A15. The company intends to utilize the money to accelerate the regional expansion and grow its...

Proptech startup Till raises US$ 8M in seed funding

Proptech startup Till raises US$ 8M in seed funding

Virginia-based Proptech startup Till has secured US$ 8M in a seed funding round held in August 2020, led by Route 66 Ventures along with participation from MetaProp and NextGen Venture Partners. Proceeds from the round will be used for increasing the count of landlords working with Till across new states and further enhance the flexible rent product.  Its platform serves as...

VC firm La Famiglia bags €50M to back European B2B startups at seed-stage

VC firm La Famiglia bags €50M to back European B2B startups at seed-stage

Berlin-based Venture Capital firm, La Famiglia has obtained funding of €50M in August 2020 from prominent industry titans Mittal, Pictet, Oetker, Hymer and Swarovski families, industry influentials Voith and Franke, as well as the family owners behind companies such as Hapag Lloyd, Solvay, Adidas, and Valentino. Niklas Zennström (Founder of Skype, Atomico), Zoopla’s Alex Chesterman and Personio’s Hanno Renner also invested. This...

Creative e-learning platform Skillshare bags US$ 66M in funding

Creative e-learning platform Skillshare bags US$ 66M in funding

New York-based Skillshare has raised US$ 66M in a new funding round held in August 2020, led by OMERS Growth Equity. Existing investors Union Square Ventures, Amasia, Burda Principal Investments and Spero Ventures also participated in the round. OMERS’ Managing Director Saar Pikar will be joining Skillshare’s Board of Directors. Proceeds from the funding round will be used by the startup...

Video Analytics platform Wobot raises USD 2.5M from Sequoia Capital

wobot

Delhi based, AI powered video analytics platform, Wobot Intelligence announced on 4th August, 2020, that it has secured an undisclosed amount of funding in a pre series A round led by Sequoia Capital. The company intends to expand its reach globally. Wobot Intelligence Pvt Ltd. connects to CCTV and other cameras to monitor process compliance and detecting anomalies in a...

Fintech start-up CityCash raises USD 1M from Orios Venture

CityCash

Mumbai-based fintech, CityCash which brings state of the art technology and disruptive business models to the digital payment space raises USD 1M in a seed financing round on 11th August, 2020. The round was led by an early stage venture capital fund, Orios Venture. The company claims to utilize the funds to develop technology for deploying Open Loop National Common...

Incomlend secures US$ 20M in Series A funding

Incomlend secures US$ 20M in Series A funding

Singapore-based Incomlend, an invoice exchange platform has secured US$ 20M in a Series A funding round held in August 2020, from Sequoia Capital India, a Venture Capital firm and a logistics firm CMA CGM. Proceeds from the round will be used by Incomlend to foray into new regions like Europe, Southeast Asia, and North Asia and enhance its technology stack. Founded...

Mumbai’s DocSumo bags US$220K in seed funding

Mumbai’s DocSumo bags US$220K in seed funding

Mumbai-based document AI startup DocSumo has raised US$ 220K in a seed funding round held in August 2020, from Better Capital, an early-stage venture firm and global accelerators TechStars and Barclays. Rushabh Seth, former Managing Director of Rocket Internet in Asia and Bikram Dahl, his co-worker in the same firm founded DocSumo in 2019. The startup offers data entry &...

CakeResume raises US$ 900K in seed funding

CakeResume raises US$ 900K in seed funding

Taipei-based CakeResume has raised US$ 900K in a seed funding round held in August 2020, from Mynavi, one of the largest recruitment and public relations companies in Japan. Capital raised will be used to expand CakeResume’s services in other countries, such as Japan and India. Founded in 2016 by Trantor Liu, previously a full-stack web developer at Codementor, the startup offers resume/CV...

Cairo based Dresscode raises six-figure seed funding

Dresscode

Egypt- Cairo based eCommerce start-up, Dresscode has announced on 6th August, 2020, that it has secured a six-figure US dollar seed financing from Egypt Ventures. The funds will be utilized to expand the product range and expand in other markets. Established in the year 2018, by Ali Zakaria and Mohamed Abdel Dayem, Dresscode is an e-commerce retail Platform as a...