LongHash Ventures launches US$ 15M blockchain fund
Singapore-based Web 3.0 blockchain accelerator and investor LongHash Ventures has launched a US$15 million blockchain fund in February 2021. The new fund will be utilized to invest in tokens and early-stage blockchain companies, focusing on Web 3.0 infrastructure components and decentralized finance (DeFi). DeFi refers to a set of financial applications and services that are built on top of open-source...
Goldbell acquires electric car-sharing startup BlueSG
Singapore-based industrial vehicle provider Goldbell Group has acquired local electric car-sharing startup BlueSG in February 2021. The Group expects the acquisition to be finalized before August 2021 and claims it will help fast-track BlueSG's development and expand its services to other smart cities spanning the Asia Pacific region. Goldbell aims to expand the startup's business and technical competencies by investing US$...
Sugar Cosmetics bags US$ 21M in Series C funding
Mumbai, India-based SUGAR Cosmetics has announced in February 2021 that it has bagged US$ 21M in a Series C funding round led by Elevation Capital. Previous investors A91 Partners, India Quotient, and Stride Ventures also participated in the funding round. Vertices Partners was the legal counsel for the startup in this round. Post the funding round; SUGAR Cosmetics is...
Top 10 Venture Capital Firms in the Global Economy
Overview The name “Venture capital” is a common term heard in the world of startups and businesses today. The term refers to a type of private equity and financing provided by investors and directed to startups and small businesses that are believed to have a long-term and rapid growth potential. Historically, venture capital and private equity officially began in 1946...
Virtual Experience company Touchcast raised US$ 55M in Series A
NY-based Touchcast Inc., a leading virtual experience company raised US$ 55 million in series A funding round on 4 February 2021. Investors: The funding round was led by Accenture Ventures, with participation from Alexander Capital Ventures, Saatchi Invest, Ronald Lauder and others. Purpose of the funding: The funding will be utilized by Touchast to scale its virtual events platform, which combines...
Top 10 E-Commerce Startups in Southeast Asia
Research by the GlobalWebIndex tells us Southeast Asian countries have some of the world’s highest e-commerce adoption rates. E-Commerce startups offer people the convenience and accessibility of shopping from the comforts of their home. With Southeast Asian regions advancing and increasing their internet usage over the last couple of years, there’s a lot of room for e-commerce startups to...
Israel based start-up Granulate secures USD 30 Million
Tel Aviv, Israel based start-up Granulate raised USD 30 million on 3rd of February in a Series B funding round led by Red Dot Capital Partners along with the participation of previous investors. The company has secured a total of USD 45.6 Million in funding over 4 rounds. Investors: Granulate capitalized USD 30 Million in series B funding round led...
UK based start-up BigChange secures USD 102 Million
Leeds, UK based start-up BigChange has acquired USD 102 million on 4th of February, 2021 in a seed funding round led by Great Hill Partners along with the participation of previous investors. The new funding would be utilized for globally expanding reach. Investors: BigChange capitalized USD 102 in seed funding round led by Great Hill Partners and also with the...
Digital Fitness Startup, Bold secures US $7 million in a seed investment
An online digital fitness program designed specially to help senior citizens live their lives to the fullest, Bold, has secured US $7 million in a seed investment publicized on the 4th of February 2021. The round was led by Julie Yoo, a general partner of the prominent, Silicon Valley-based Andreessen Horowitz. While virtual fitness programs have gained a lot...
E-bikes manufacturer Rad Power Bike raises US$ 150M
Seattle-based electric bike manufacturer, Rad Power Bikes raised US$ 150M on 4 February 2021 due to rising demand for its e-bike. Investors: Morgan Stanley Counterpoint Global, Fidelity Management & Research Company, The Rise Fund, the global impact investing platform managed by TPG Capital, T. Rowe Price Associates and existing investors Durable Capital Partners and Vulcan Capital. Purpose of the funding: The...
