Chinese edtech startup EEO Education gains US$ 265M in Series C funding
Beijing-based EdTech startup EEO Education has gained US$ 265M in a Series C funding round led by GL Ventures. Other participants in the funding round include Tencent, Susquehanna International Group, Gaocheng Capital, and INCE Capital. EEO Education was founded in 2014 and launched its first online classroom software, ClassIn, in 2015. The software initially targeted after-school education companies such as New...
Myanmar’s Hi-So raises undisclosed amount of funding
Yangon, Myanmar-based food delivery and e-commerce platform Hi-So announced that it has raised an undisclosed amount of funding in a round held in October from investors based in Japan, Singapore, and Malaysia. Managing director and CEO of Hu-So Kenta Takada was reported to have said that there were seven new investors in the funding round, including ex-senator of Japan, Kotaro...
Totum Labs secures $13M in series A round and launches tactical partnerships
Totum Labs, a satellite IoT connectivity company announced on 30th November 2020, the completion of a US$ 13 million Series A funding round. The investment round was co-led by Heroic Ventures and Space Capital with participation from existing investors including Qualcomm Co-founder Dr Andrew Viterbi and new strategic investor Qamcom. Totum has raised total funding of US$ 15.5 million...
Glasswall raises £18 million equity capital
Glasswall, a cyber security technology company based in the UK has secured £18 million equity capital on 30th November 2020. The additional equity capital round was led by the founder of Icap, Michael Spencer and included participation from the chairman of Ocado, Lord Rose, the founder of IHIS Markit; Lance Uggla, Andy Bell and Stuart Rose. The capital will be...
Fintech startup SPARQ signs agreement with Railsbank to develop its personal finance platform
SPARQ, an Estonian fintech startup has signed an agreement with Banking-as-a-Service specialist Railsbank in November 2020 which will allow it to completely develop its personal finance platform devised to optimise people’s interaction with money. Already in use with early adopters, it is for everyday use and aims to make its users feel that they are in control of their own...
HungryPanda secures US$ 70 million for its Chinese food delivery platform
A London based global leader of delivering Asian food, HungryPanda has raised US$ 70 million funding on 30th November 2020. This includes US$ 35 million investment from the Swedish investment company Kinnevik. This Series C funding was also joined by the existing investors of HungryPanda, Felix Capital and 83North and included participation from Burda Principal Investment, Piton Capital and VNV...
Top 10 Software and SaaS startups in the USA
SaaS (Software as a Service) is a software distribution model where the service provider hosts the application at a data centre for customers to access it through the internet. It is also referred to as on-demand software. Using this service, customers do not need to maintain the hardware or other resources that were previously required. Now customers can access...
Top 10 Travel and Tourism Startups of Europe
The Covid-19 pandemic came as a big jolt to the travel and tourism sector. Many countries had gone under lockdown for months, which put a halt on travel of any kind. According to the European Travel Commission, "In the first four months of 2020, Europe has seen a 44% decline in international tourist arrivals compared to last year. Revenue...
E-beauty startup Plum bags US$ 14.9M in Series B funding
Thane, India-based online beauty products startup Plum has raised US$ 14.9M in a Series B funding round held in November 2020, led by Faering Capital. Other participants in the funding round include Unilever Ventures and Trifecta Capital. Proceeds from the funding round will be used by the startup to provide a more engaging brand experience for its customers and further...
WizKlub launches HOTS Olympiad for cognitive skills in young kids
Bengaluru-based WizKlub, a holistic cognitive development edtech startup that builds excellence for school children through its HOTS (Higher Order Thinking Skills) and SmartTech programs, has announced an international olympiad to gauge the cognitive skills of lakhs of participating children. The assessment will cover Logical Thinking Skills, Comprehension Skills, Critical Thinking Skills, Quantitative & Problem Solving Aptitude and offer scholarships...
