Fintech Company Stripe’s valuation soars to US$ 95B
US-based fintech company Stripe, a developer-oriented commerce company helping small and large companies accept web and mobile payments, raised US$ 600 million, at a valuation of US$ 95 billion on 15 March 2021. Investors: The funding round was led by two major insurance players - Allianz, via its Allianz X fund, and AXA. Other participants include Baillie Gifford, Fidelity Management...
Indonesian Restaurant Management Company ESB raises US$ 3M in Series A
Indonesia-based restaurant management company Esensi Solusi Buana (ESB) raised US$ 3 million in a Series A funding round on 14 March 2021. Investors: The funding round was led by Beenext, with participation from AC Ventures and Skystar Capital. Purpose of the funding: The funding will be utilized to onboard suppliers for the B2B supply chain. The company is also planning to...
Spanish FinTech Startup, TaxDown, raises €2.4M to close its seed round
A Spanish FinTech startup, TaxDown, secured a sum of €2.4M in a seed round made public on March 12, 2021. Joining the closing seed round is US-based FJ Labs with contributions and support from its existing investors, Abac Nest, James Argalas (Presidio Union), Baldomero Falcones (previous chairman of MasterCard), and founders of Jobandtalent, Juan Urdiales, and Felipe Navio. TaxDown specializes...
Small business payment and accounting startup Autobooks raises US$ 25M
US-based Autobooks, a business payment and accounting services platform, raised US$ 25 million in Series B financing on 12 March 2021. Investors: The funding round was led by MissionOG, with participation from other investors including Renaissance Venture Capital, Detroit Venture Partners, Draper Triangle and TD Bank Group. Purpose of the funding: The funds raised will be utilized by Autobooks to continue...
Indian Startup Accelerator – The Entrepreneur Zone (TEZ) invites applications for its Startup Launcher Programme
Hyderabad, India-based startup accelerator The Entrepreneur Zone (TEZ – a Startup Accelerator) has partnered with ASPIRE, which houses incubators in the University of Hyderabad, to launch an Online Startup Launcher Programme (SLP). Programme Details: · Three-month programme · Online weekend sessions · One-to-one mentorship by well-known entrepreneurs/startup consultants/investors. · Startup incubation and...
Houston based cybersecurity provider Herasoft raises US $ 5 million in Series A
Herasoft, an American startup that seeks to provide ransomware-proof to organisations, announced in the 2nd week of March 2021 that it has raised US $ 5 million in its Series A round. The round was led by United Capital Management of Kansas. Investors: The lead investor, United Capital Management of Kansas, is a financial planning firm that was founded in...
American startup Disruptel raises US $ 1.1 Million in its seed funding round
Disruptel, a St. Louis based AI startup, announced in the second week of March 2021 that it has raised US $ 1.1 million in its seed funding round. The round was led by PJC and Progress Ventures along with participation from angel investors including Bill Simmons, Adam Cheyer, Mike Baker and Andrew Olson. Investors: PJC is a Boston based venture...
The $100M+ Dollar Club of South Korean Startups
The $1.65 trillion (USD) economy of the East Asian country is the 10th largest globally and the 4th largest in Asia. The land of Kimchi and the birthplace of BTS has an exciting startup ecosystem worth exploring.
Amazon India announces 10 selected startups for its Accelerator Programme
Amazon’s accelerator programme - Amazon Global Selling Propel (AGSP) Accelerator, announced the names of the 10 shortlisted startups on 11 March 2021. The selected startups will get an opportunity to pitch their business propositions to venture capital firms - Sequoia Capital India and Fireside Ventures. They will also get a chance to win an equity-free grant of US$ 50,000...
San Francisco based start-up DataGrail raises USD 30 Million funds
California based start-up DataGrail has secured USD 30 million funds on 10th of March in series B round led by Felicis Ventures. Investors: The acquisition of USD 30 million took place in the series B funding round led by Felicis Ventures along with the participation from previous investors like Operator collective, Okta Venture and Hubspot Ventures. What the funding is for:...
