South Korean fintech Viva Republica secures US$ 173M funding 

Viva Republica Toss

South Korean fintech Viva Republica has raised US$ 173M in a funding round on 28 Aug 2020. Viva Republica is the parent company of peer-to-peer payment service Toss. The round was led by existing investors including Sequoia Capital China. Other investors that participated in the round included Aspex Management, Goodwater Capital, Kleiner Perkins Digital Growth Fund, Altos Ventures and Greyhound...

Stockholm-based Challengermode raises €10.1 million to make esports truly accessible for gamers

Stockholm located esports platform, Challengermode announced on 26th August, 2020, that it has raised around €10.1 million in an external financing round led by the international investment unit of Alibaba Group, eWTP Innovation Fund. The company claims to utilize the investment for expansion, growth and accelerate monetization. Other participants in the investment round include Back in Black Capital, Telia Ventures,...

South African recruitment startup Job Crystal raised USD 250,000 from Enygma Ventures

South Africa located HR start-up, Job Crystal announced on 27th August 2020, that it has received USD 250,000 (ZAR 4.2M) in a financing round led by Enygma Ventures’ Shift Fund in order to expand. A partnership between Enygma Ventures, a ZAR100 million (US$6.8 million) fund launched in 2019 with an aim of investing in women entrepreneurs in the SADC region, and Startup Circles,...

Estonian startup So.Fa.Dog raises €600K to expand its 10-sec video news platform

Estonia located So.Fa.Dog, which is a video news startup has announced on 27th August, 2020, that it has raised €600K in an early investment round led by 32 investors, including founders and employees of the company. Among some of the investors include Planet 42 founders Eerik Oja and Marten Orgna and CEO of LHV Group Madis Toomsalu, entrepreneur Kristjan Mitt....

Inocucor raises USD 38.8M Series B to invest in R&D

Montreal located start-up which is focused on sustainable biological crop products, Inocucor announced that it has raised USD 38.8M in series B funding round. The round was led by a late stage VC vehicle that’s keen on startups who reduce environmental impact and increase resource efficiency, TPG Alternative and Renewable Technologies (TPG ART). The capital will be utilized to expand...

Potato Play raises US$ 1.75M in seed funding 

Potato Play raises US$ 1.75M in seed funding

Singapore-based gaming startup Potato Play has raised US$ 1.75M in a seed funding round held in September 2020, led by Beenext. Play Ventures and Atlas Ventures also participated in the funding round. Capital raised will be used to invest in technology assets and to expand its sourcing and marketing operations. Founded in 2018 by Carole Le Van, Henji Tan, Kingsley Joseph,...

Phool.co secures US$ 1.4M in pre-Series A round  

Phool.co secures US$ 1.4M in a pre-Series A round

Kanpur-based organic materials startup Phool.co has secured US$ 1.4M in a pre-Series A round held in September 2020, led by IAN Fund and San Francisco’s Draper Richards Kaplan Foundation. Proceeds from the round will be used to enhance the research and expand the operations of the startup. Engineering graduates Ankit Agarwal and Prateek Kumar founded the startup in 2017. Phool.co focuses...

Berlin’s Apheris AI raises €2.5M in seed funding 

Berlin’s Apheris AI raises €2.5M in seed funding

Berlin-based deep tech startup Apheris AI has raised €2.5M in a seed funding round held in August 2020, led by LocalGlobe along with Dig Ventures, the family office of MuleSoft Founder, Ross Mason, Patrick Pichette (former CFO of Google and current board chairman for Twitter). Other investors included another.vc, System.One, and angel investors Charles Songhurst, Torsten Reil (NaturalMotion), and...

Fintech startup Fondeadora raises US$ 14M in Series A funding 

Fintech startup Fondeadora raises US$ 14M in Series A funding

Mexico City-based Fintech startup Fondeadora has raised US$ 14M in a Series A funding round held in August 2020, led by Google’s AI-focused venture fund- Gradient Ventures. Y Combinator, Scott Belsky, Sound Ventures, Fintech Collective and Ignia had also participated in the funding round. Gus Alvarez Moreno, Norman Muller and Rene Serrano founded the startup in 2018. Fondeadora offers digital...

Bill Gates Invests US$ 78M In Communications Firm Kymeta 

Kymeta

Washington based Kymeta Corporation, a global communications company secured a US$ 78M investment from Bill Gates, the principal founder of Microsoft Corporation on 25 Aug 2020. Kymeta had announced the recapitalization of the firm along with the news that it has raised approximately US$ 85M funding. The funding round was led by Bill Gates. Even the members of its leadership...