N-Squared Ecommerce secures undisclosed amount in Series A funding
Thailand-based e-commerce enabler and solutions provider N-Squared Ecommerce Group has secured an undisclosed amount in a Series A funding round held in December 2020. Investors include KKP Capital, Siam Alpha Equity (SAE), Chanwanich Group, AHMP and ECG-Research. Capital raised will be used by the startup to fortify its core technology and services and expand across Southeast Asia. Nuttapon Boonpinon, Managing Partner...
Salesforce to acquire Slack for US$ 27.7 Billion
Slack, a patented business communication platform is all set to be acquired by Salesforce for US$ 27.7 Billion, in a cash and stock deal. Salesforce.com, Inc. is an American cloud-based software company headquartered in San Francisco, California. It offers customer relationship management service and also sells an interrelated suite of enterprise applications focused on customer service, marketing automation, analytics, and...
Teen banking service Step raises $50M in Series B funding
Step, a San Francisco-based mobile banking service directed at teens, has announced on 2nd December 2020 to have raised US$ 50 million in Series B funding led by Coatue after growing to over 500,000 users only two months after its official launch. Other investors include returning investors Crosslink Capital, Collaborative Fund, and Will Smith’s Dreamers VC. The startup also...
Jitsu secures US$ 2 Million Seed funding to launch its Open-Core platform for data integration
Jitsu, a San Francisco based open-source data integration secures US$ 2 million Seed funding to launch its Open-Core platform for data integration in December 2020. The funding was led by Costanoa Ventures with participation from YCombintaor, The House Fund and SignalFire. The company acquired a hosted version which companies can pay to use, that has the same name as the...
Munich based GreenTech startup GreenCom secures €12 million investment
A Munich, Germany based startup, GreenCom that offers white label solutions for energy service companies and utility industries has secured €12 million funding on 2nd December 2020. The funding round was led by Shell Ventures and included participation from Japanese VC, EEI (Energy and Environment Investment) and the existing investors of the company. They intend to use the investment for...
NanoBridge Semiconductor Inc announces 130 million Yen Series A funding
NanoBridge Semiconductor Inc., a Tokyo based technology company announced raising 130 million Yen in Series A funding on 1st December 2020. The funding round was led by NEC Corporation, Japan Industrial Partners and a few other VCs. NEC Corporation has an established history for promoting the commercialization of NB and has made the decision to transfer the NB related intellectual...
US-based Startup AirDeck Raises US$ 3.4M Seed Funding
US-based AirDeck Inc., an online platform that helps users create narrated presentations and documents for on-demand viewing, raised US$ 3.4M seed funding on 1 December 2020. The funding round was led by Rock River Capital Partners and Cultivation Capital. Other participants in the round include Rise of the Revolution's Rest Seed Fund and Winnebago Seed Fund. The new funding will be...
Trends in Global Greentech & Sustainability Market in Europe
The Global Greentech market is witnessing some prominent trends in areas like green building, water leak detection, carbon footprint management, soil condition/moisture monitoring, forest monitoring, air and water pollution monitoring, water purification, fire detection, crop monitoring, weather monitoring and forecasting and sustainable mining and exploration. This is facilitated using technologies – digital twin, internet of things (IoT), cloud computing,...
Tazapay bags US$ 3.2M in funding
Singapore-based fintech startup Tazapay has bagged US$ 3.2M in a fresh funding round held in December 2020, led by Sequoia Capital India’s Surge and Saison Capital. Proceeds from the funding round will be used by the startup for product development, recruiting talent and expansion to new markets in Southeast Asia. Tazapay is a part of the fourth unit of Surge,...
Fintech startup Pintek raises undisclosed amount of funding
Jakarta, Indonesia-based Fintech startup Pintek has raised an undisclosed amount in a funding round held in December 2020, led by Finch Capital. Other participants in the funding round include Accion Venture Lab and multiple angel investors. The latest round brings the total money raised by Pintek to nearly US$ 5M. The fresh funds will be used by the startup to increase...
