HumanForest secures €1.4 million via a Crowdcube campaign
London-based e-bike startup HumanForest has fruitfully completed its crowdfunding campaign in December 2020. Through the campaign, the startup has raised around €1.4 million with backing from over 520 investors. Commenting on the recently acquired funds, CEO and founder of HumanForest, Agustin Guilisasti said, “I would like to offer a warm welcome to HumanForest’s 523 new shareholders. It gives me and...
The $100M+ Dollar Club of ASEAN Startups
Established in 1967, the Association of Southeast Asian Nations (ASEAN) is a regional intergovernmental organization that comprises ten member countries-Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam. The organization represents some of the largest economies in the world and the countries have a combined GDP of over $9.3 trillion (USD). The thriving economies are home to exciting and highly valued startups which, when analyzed, can lead to insights about the most promising sectors and countries in this dynamic region.
Rewards-as-a-Service Technology Company Tap Network Raises US$ 4M
New York-based startup Tap Network, a Rewards-as-a-Service technology company focused on enterprise rewards programs raised US$ 4M in Series A funding on 18 December 2020. The investors include Revelis Capital, Nima Capital, the Forbes family office, Warner Music Group, Access Industries, Bill Tai, Bob Hurst and Edward Devlin among others. About Tap Network Founded in 2017 by media and advertising veterans Jared...
US-based Labor Technology Platform WorkWhile Raises Funding
San Francisco, US-based startup, WorkWhile – a labour technology platform that helps workers find jobs that fit their skills, schedule and location, raised US$ 3.5M in funding on 18 December 2020. The funding round was led by Khosla Ventures. Other participants include Stitch Fix founder and CEO Katrina Lake, Jennifer Fonstad, F7, Siqi Chen, Philipp Brenner, Zouhair Belkoura and Nicholas...
Indian food delivery platform Zomato secures US$ 660 million funding
Zomato, a Gurgaon, India based food delivery platform closed the massive US$ 660 million funding round from Marquee investors on 18 December 2020. Currently in the process of closing a secondary transaction of US$ 140 million this funding round valued the startup at US$ 3.9 billion post the recent investment. The net worth of the company was market US$ 3.6...
Boston based cyber security platform Perigee secures US$ 1.5 million first funding
Perigee, A Boston based cybersecurity platform announced securing US$ 1.5 million first funding on 17 December 2020. Led by Outsiders Fund the round was also joined by other investors BBG Ventures, Westport, Contour Venture Partners, Innospark and a few other Angel investors. Perigee aims to execute the areas of organizations like HVAC systems or the elevators that interact with the network...
TurtleTree Labs bags US$ 6.2M in pre-Series A round
Singapore-headquartered biotech startup TurtleTree Labs has bagged US$ 6.2M in an oversubscribed pre-Series A round of funding held in November 2020, from Green Monday Ventures, Eat Beyond Global, KBW Ventures, and Verso Capital. According to a press note released by the startup, it will use the fresh funds to fast-track research and production of useful, bioactive proteins and complex sugars...
WELL Health Technologies to acquire Adracare for $4.75 Million CAD
Toronto-based healthtech startup Adracare is set to be acquired by WELL Health Technologies in a $4.75 Million CAD deal. Adracare was created in late-2020 by the team behind OrbCare, another healthtech company that went bankrupt in 2019. It acquired a portion of Orbcare’s assets out of bankruptcy. Founded in 2019, Adracare provides an all-in-one clinical management solution to business clients. Its...
Greentech startup Termo secures US$ 10 million investment
Greentech startup, Termo based in Italy has secured US$ 10 million funding in a combined series A and B funding round on 18th December 2020. The round included participation from Fondo Italiano d'Investimento SGR through their managed funds FITEC Lazio and FITEC, and was joined by other investors like the incubator Supernova Hub, mass media enterprise Mediaset, angel investors and managers....
Geneme secures €5.2 million seed funding
GeneMe Limited, a biotechnology company based in Poland that performs genetic testing in their own laboratories using the most efficient molecular biology techniques and genetic engineering methodologies, announced securing €5.2 million seed funding on 17th December 2020. This funding round was led by Robin Tombs, the co-founder of the digital identity platform Yoti, and earlier the software dev and gaming...
