Upflow locks up USD 15 Million to aid B2B businesses to manage payments
Paris-based Upflow announced that it raised USD 15 Million in Series A funding round. This round was led by 9yards Capital with the participation of existing investors like N26 co-founder Maximilian Tayenthal, Raffael Johnen, co-founder and CEO Auxmoney, eFounders and Uber SVP of Delivery Pierre-Dimitri Gore-Coty. After this transaction, the former CEO and Co-founder of Westwing, Andrew Nutter will join...
Startup Nation Series: The burgeoning startup ecosystem of the United Kingdom
Great Britain has a great history. When we think about the United Kingdom, a few things that instantly come to our mind are the monarchy, the Queen and the beautiful architecture. But did you know that the capital of Britain – London ranks 2nd for the best startup hub in the overall startup ecosystem (as per Startup Genome rankings)?...
French SaaS Ledger secures USD 380 Million in Series C
French SaaS startup, Ledger secures USD 380 Million in Series C funding round which was led by 10T Holdings. After this fundraise the startup is listed in the unicorn list as its valuation raised to USD 1.3 Billion. The round also saw participation from Draper Associates, Draper Esprit, Draper Dragon, Wicklow Capital, and Cathay innovation. Some new investors also joined...
UK’s eCommerce platform Fresha secures USD 100 Million in Series C
Fresha, a multipurpose online eCommerce tool for beauty and wellness business, based in London, announced on Friday that it raised USD 100 Million on Friday in a Series C round. This round was led by General Atlantic. This round also saw the participation of existing partners ParTech, FJ Labs, and Target Global, along with Lugards Road Capital’s Johnathan Green, Huda...
How technology is transforming the sports industry today
Overview Technology has thoroughly influenced essentially every industry in the world today, and the sports industry is no exception. Gone are the days where sports were completely about physical challenges and real-life events. Technological innovations are continuously transforming the sports industry positively. Through technological progressions, sports have become safer yet more competitive for players. It has improved the sports fan experience...
South-Korea based English learning platform for adults – Ringle raises Series A funding
South Korea-based Ringle, a premium 1:1 online English learning platform that connects top tutors with employees looking to perfect their business English and interview preparation, raised US$ 18M in Series A round on 12 June 2021. Investors: The funding round was led by existing investor Must Asset Management, at a valuation of US$ 90 million. Other participants included One Asset...
The problem of Confirmation Bias in making investment decisions
Numerous human cognitive or psychological biases make us take decisions that we later tend to regret. Sometimes the decision can be so disastrous that one might lose millions of dollars due to it. No matter how successful they are, every investor suffers from cognitive biases, especially confirmation bias. What is a confirmation bias? Confirmation bias is the tendency of people to...
Pharmacy Retail – The growing retail opportunity
Introduction Pharmacy retail is a unique category where buying is done more due to compulsion than done willingly, with retailers carrying a variety of names like pharmacy, apothecary, drug stores etc. These retail outlets that provide access to medicines are ubiquitous globally with many years of existence and penetration. They continue to remain the main channel for buying anything related...
Czech Republic-based productivity software startup Time is Ltd secures US $5.6M seed investment
Time is Ltd., a productivity software startup, obtained a sum of US $5.6 million in a late-seed funding round announced on 10th June 2021. The seed investment was led by London-based investor Mike Chalfen, with contributions from existing investor Accel and Illuminate Financial Management. Paul Sallaberry, Clark Golestani, and Acequia Capital also participated in the round. Time is Ltd. also onboarded...
US-based real estate brokerage platform Flyhomes raises US$ 150M to expand to India
US-based Flyhomes, a real estate brokerage platform that helps clients through the entire home buying process, raised US$ 150 million in Series C funding to fuel its growth and expand its presence in India. Investors: The funding round was co-led by venture capital firms Norwest Venture Partners and Battery Ventures, with participation from Fifth Wall, Camber Creek, Balyasny Asset Management,...
