EV startup Ather Energy raises US$ 35M in funding
Ather Energy, a Bengaluru-based, Hero MotoCorp-backed electric two-wheeler start-up has raised US$ 35 million in a Series D funding round led by Flipkart co-founder Sachin Bansal, held in November 2020. Sachin Bansal has invested US$ 23 million in the company, which brings the total investment in the EV start-up to US$ 53 million. He had also chipped in as...
Chinese robotics startup MegaRobo raises US$ 30M in Series B funding
Beijing, China-based AI and robotics startup, MegaRobo has raised US$ 30M in a Series B funding round held in November 2020, led by Sinovation Ventures. Other participants in the round include Liando Investment, Joy Capital and Robert Bosch Venture Capital (RBVC). Proceeds from the funding round will be used by the startup in further developing its laboratory and expanding its...
Germany based Vivid Money secures US$ 17.6 million funding
Germany based financial platform Vivid Money that helps people to make investments with their daily expenses announced on 5th November 2020 that they have raised US$ 17.6 million (€15 million) funding in a series A round led by Ribbit Capital. This fresh funding brings the company's total valuation to US$ 117 million (€100 million). The platform is currently available only in Germany but they have the future...
Cybersecurity platform Cado Security bags US$ 1.5 m seed funding
A cloud native cyber response and forensic platform, Cado Security based in London, UK has raised US$ 1.5 million in a seed round on 5th November 2020. The round was led by TenEleven Ventures. They are planning to use the investment for expanding their development team in the UK. As a part of the deal the General Partner of TenEleven Ventures, Mark Hatfield...
Edgard & Cooper secures US$ 26M in Series B funding
Edgard & Cooper, a Belgium-based fresh pet food pioneer, has raised € 22 million (approx. US$ 26 million) in Series B funding held in November 2020. The round was led by The Craftory, with participation from existing investor DLF Ventures. To date, the company has raised a total of € 27 million. The investment will be used by the company...
Top 10 Retail Technology startups in the world 2020
Technology has started playing a very significant role in the retail sector in the last decade. The emergence of the popularity of e-commerce has made it difficult for offline retailers and small mom-and-pop stores. Therefore, traditional retail stores need to keep up to date with technological advancements in the industry. The world retailing industry is becoming increasingly competitive, making companies...
Everything you need to know about Ant Group’s IPO suspension
Chinese tech firm Ant Group’s IPO is suddenly on hold in both Shanghai and Hong Kong, which has led to a sell-off of Alibaba shares. Ant had run into regulatory issues with the Chinese government. Ant’s IPO was about to become among the largest in history. It was estimated that it would raise US$ 34.5 billion in its dual-listing share...
Singapore’s Osome bags US$ 3M in funding
Singapore-based business services startup, Osome has bagged US$ 3M in a funding round that is reported to be an extension of its seed round in November 2020. The round was led by XA Network and AltaIR Capital. The latest round brings the total funding raised by the startup to date to US$ 8M. Capital raised will be used by the startup...
iSeller secures undisclosed amount in Series A funding
Indonesia-based SaaS startup, iSeller has raised an undisclosed amount in Series A funding in November 2020, from Mandiri Capital and Openspace Ventures. Proceeds from the funding round will be used for business expansion, increasing the number of merchants partnering with the startup and hiring individuals. The startup is also developing its platform to add new features and solutions to it. iSeller...
UK based Femcare brand Callaly receives funds from UK Sustainable Innovation Fund
The UK based Femcare brand, Callaly that manufactures and provides a range of personal care products for females, announced receiving a portion of the United Kingdom's Sustainable Innovation Fund (£173,778) on 4th November 2020. As a part of the United Kingdom’s research and innovation, Innovate UK is providing an investment of around £191 million funds for several collaborative and single R&D projects....
