US-based Lightweight Electric Vehicles Developer Superpedestrian Raises US$ 60M
US-based Superpedestrian, a venture-backed company developing lightweight electric vehicles with integrated online platforms, secured US$ 60M funding on 21 December 2020. Superpedestrian has received major financial backing from Citi Impact Fund, OurCrowd, Winthrop Square Capital and others. Superpedestrian has raised US$ 78.7M to date. The funding will be utilized to fuel the growth of its LINK scooter fleet equipped with unique...
The journey of Quora
We all have heard of Quora, haven’t we? It is the most popular question-and-answer site where anyone can ask a question and get answers. People from around the globe visit Quora to ask questions from a community of people who give answers to them. Quora users also collaborate with each other by editing questions and recommending modifications to answers...
US-based BioSecurity Company ReturnSafe Raises US$ 3.25M
US-based ReturnSafe, a BioSecurity company offering contact tracing and screening technology that helps protect the business from COVID-19 and other infections, raised US$ 3.25M in its latest funding round on 21 December 2020. The funding round was led by Fifty Years and Active Capital, with participation from Necessary Ventures. ReturnSafe is establishing new standards and tools for managing safety, health...
CoinDCX raises US$ 14M in Series B round to Boost Crypto Adoption in India
CoinDCX, an Indian Cryptocurrency exchange announced on Tuesday, 22nd December 2020, the completion of raising Rs 100 crore (About $13.9 million) in its series B round led by blockchain software firm Block.one. Other participants of the round include DG, Jump Capital, Uncorrelated Ventures, Coinbase Ventures, Polychain Capital, Mehta Ventures and Alex Pack. This is the third round of funding for...
Ghana’s Zeepay raises $940 000 in Seed round led by GOODsoil VC
ZEEPAY, a completely Ghanaian owned mobile financial services company centred on providing integrated mobile payments services with mobile wallets has announced the completion of raising of US$940 000 in a seed funding round held in December 2020, which was led by GOODsoil VC, an Africa-focused early-stage venture capital firm founded in 2017. This investment will be used by the startup...
Reforestum gains €750k investment to take forward its reforestation initiative
The Spanish forest conservation enterprise Reforestum announced securing €750k investment from 13 angel investors across UK, Spain and France on 22nd December 2020. The freshly raised funding will help the organization to scale their remote team and in the development of their interactive platform for addressing the consumer demand. The angel investors include Guillaume Houze (Image and Communications Director, Groupe...
Tesco backed Trigo secures US$ 60 million Series B funding
The Artificial Intelligence empowered platform Trigo based in Tel Aviv, Israel raised US$ 60 million funding on 21st December 2020. The Series B funding was led by venture capital 83North and included participation from the British MNC general merchandise and grocery retailer, Tesco which is also piloting the technology of enterprise near London at a convenience Store. It is a...
talpasolutions nets €4.5 million in Series A funding
The Essen, Germany-based SaaS startup talpasolutions has secured €4.5 million in a Series A funding round held in December 2020, led by the logistics investment fund F-LOG Ventures. Other participants in the funding round include NRW BANK, RAG Foundation and existing investors High-Tech Gründerfonds (HTGF) and Gründerfonds Ruhr. Proceeds from the funding round will permit the startup to further fast-track...
Navisteps raises US$ 1M in pre-seed funding
Singapore-based travel management startup Navisteps has raised US$ 1M in a pre-seed funding round held in December 2020, from angel investors Yasuhide Fujii, a partner at KPMG Advisory Myanmar; and Takuya Aiba, the founder of marine-related investment firm SpringLiner. Founded in 2019 by Charmaine Lim and Ken Tan, Navisteps operates an all-in-one business expenditure and travel management solution that provides companies/organizations...
EWar raises undisclosed amount in pre-Series A round
Bengaluru-headquartered e-sports and gaming startup EWar Games has raised an undisclosed amount in a pre-Series A funding round led by India’s largest and most active angel network - Inflection Point Ventures (IPV). Other participants in the funding round include JITO Angel Network, Hyderabad Angels, and Pearl Agarwal, Founder and Director, Eximius Ventures. As per a statement issued by the startup,...
