Top 10 EV Startups in France
After facing the Covid-19 crisis, the French auto industry and electric vehicle (EV) segment thrives and continues to accelerate the automotive industry’s ecological transition. In 2019, when the industry was witnessing a global decline, EV sales in France were up over 128% and just in the first seven months of 2020, electric cars were deemed for nearly 18% of new-car...
India B2B platform Zetwerk raises US$ 150 million in Series E funding
Zetwerk, a Bengaluru-based business-to-business marketplace for custom manufacturing, has secured a fundraise of US$ 150 million in a Series E funding round held on Monday, August 20 2021. New York-based D1 Capital Partners led the financing round, with much-anticipated participation subsisting and few new backers, Lightspeed Venture Partners, Greenoaks Capital, Sequoia Capital India, Kunal Shah, Avenir Growth Capital. The...
CommerceUp secures an undisclosed amount in a seed funding round
24.August.2021 - Gurugram-based CommerceUp, an eCommerce-as-a-services announced that it raised an undisclosed amount in a seed funding round. This seed round was led by an early-stage venture fund, NB Ventures. CommmerceUp will utilize this capital raised in expanding the workforce and invest further in tech by offering market solutions for the acquisition of users. Words from the investors - Speaking on the...
Digital trading platform DriveWealth bags US$450M in Series D funding
DriveWealth, a US-based digital trading technology corporation developing cloud-based, API-driven brokerage infrastructure, has secured US$ 450 million in a Series D funding co-led by Accel and Insight Partners on 20 August 2021. Investors: The latest funding round featured Accel and Insight Partners as the lead investors with participation from SoftBank Vision Fund, Point 72 Ventures, the lead investor in the previous...
RTD cocktail startup O’ Be Cocktails raises nearly USD 471K
23.August.2021 - Bengaluru-based O’ Be Cocktails, an RTD cocktail startup, announced that it raised an investment of nearly USD 471 K (INR 34.9 Million). This funding round was led by LetsVenture, First Cheque, Ola’s Ankit Bhati and Bhavish Aggarwal, Tracxn founder Abhishek Goyal and Sprout investment. O’ Be cocktail will utilize this raised capital to fund its production of a...
Taipei-based XREX raises USD 17 Million in pre-Series A
23.August.2021 - Taipei - based, Blockchain startup XREX announced that it raised USD 17 Million in a pre-Series A funding round. The round was led by CDIB Capital Group. The participants of this round were ThreeD capital, Systex Corporation, SBI Investment, E.Sun Venture Capital, Global Founder Capital, MetaPlanet Holdings, BlackMarble, AppWorks, Seraph Group, and New Economy Ventures. This fund raised will...
US-based startup Split Software secures US$ 50M in Series D funding
Split Software, a US-based feature delivery and experimentation startup fuelling engineering groups to create compelling products, has secured US$ 50 million in a Series D funding round led by Owl Rock Capital on 17 August 2021. Investors: The latest funding round featured Owl Rock Capital as the lead investor with participation from Accel, Lightspeed Venture Partners, Northgate Capital, Harmony Partners, ServiceNow,...
Indian foodtech startup Bigspoon bags US$ 2 million in pre-series A funding
Bigspoon, an Ahmedabad, Gujrat based Food and beverage delivery startup, has raised US$ 2 million (INR 15 Cr) in Pre-series A funding round held on August 18 2021. The financing round was driven by Dubai-based NB VC, CreedCap Asia, Zed Capital, and angel investors, including Sanjiv Bajaj, Bhanu Chopra, and Jatin Aneja. Fund Utilisation The 2019-founded Bigspoon will use the latest...
German fintech startup Moss rakes in US$ 25.5 million in additional Series A funding
Based in Berlin, Germany, Moss is a technology-based payment and credit card platform which has recently closed its Series A funding round with an extended fundraise of US$ 25.5 million (€21 million) on August 18 2021. Valar Ventures (Peter Thiel’s VC firm) led the venture round with other participants, including Cherry Ventures and Global Founders Capital from Berlin. With...
Startup Giants: Delhivery vs Ecom Express
Delhivery and Ecom Express are two of the largest logistics startups in India. In their last two rounds alone, Delhivery and Ecom Express have raised more than US$ 600 million. With Delhivery all set for an IPO by early 2022 and Ecom Express expanding to new markets, the fight to dominate the Indian logistics industry is heating up.
