Farmers Business Network raises US$ 250M in Series F funding

Farmers Business Network raises US$ 250M in Series F funding

San Carlos, California-based Farmers Business Network Inc.(FBN) has secured US$ 250M in a Series F funding round held in August 2020, led by BlackRock Inc., with participation from new investors Baron Capital Group, Balyasny Asset Management LP, Mandi Ventures, Lupa Systems and Ron Shaich. Present investors DBL Partners, Temasek, capitals and accounts advised by T. Rowe Price Associates Inc., GV,...

Indian rural ecommerce startup VilCart raises Bridge funds

VilCart

Indian rural distribution startup VilCart announced on 29th July, 2020, that it has secured the bridge funding from the existing and new investors including Prasanth Prakash of Accel and other prominent angel investors.  The other participants in the funding round include- Anand Nichani, Board Member, Garuda Polyflex; N S Parthasarathy, ex-COO and Co-founder of Mindtree; Anath Ravi, ex-Sr VP, Reliance...

Zolostays nabs USD 56M in Series C round from various investors

ZoloStay

Zolostays (Zolo), a co-living, Bengaluru based start-up has announced on 7th July, 2020 that it has procured USD 56 million, series C financing. The round was led by Mirae Assets, Investcrop, Trifecta Capital, Nexus Ventures Partners, among others. Zolostays management intends to deploy the new capital in strengthening AI driven operating platform, upgrade technology to smoothen the functions and locking...

Hong Kong’s EMQ bags US$ 20M in Series B funding

Hong Kong’s EMQ bags US$ 20M in Series B funding

Hong Kong-based FinTech startup EMQ has secured US$ 20M in a Series B funding round led by global VC firm WI Harper Group in August 2020. New and existing investors including Abu Dhabi Capital, AppWorks, DG Ventures, Hard Yaka, Intudo Ventures, January Capital, Quest Venture Partners, SparkLabs Taipei, Vectr Fintech Partners, and VS Partners also participated in the round. Max Liu founded...

Thailand’s Line Man secures US$ 110M from BRV, merges with Wongnai

Thailand’s Line Man secures US$ 110M from BRV, merges with Wongnai

Line Man, a Thailand-based on-demand assistance platform of messaging App Line has secured a US$ 110M funding in August 2020 from BRV Capital Management. The startup has also declared its merger with Wongnai Media Co Ltd, a Thai restaurant review and discovery platform. This is the first instance in which a subsidiary of Line has bagged such a huge investment....

Game Development studio Firescore Interactive nabs USD 500K

Firescore Interactive

Mumbai-headquartered, Firescore Interactive, a game development studio, announced on 29th July, 2020, that it has bagged USD 500,000 in funding from CrazyLabs. The company plans to deploy the investment to launch the first-ever Hyper Casual Gaming Hub in India for game studios around the world. The innovative games accelerator, branded as the CrazyHub, is located in Mumbai. It will be operated by...

Workflow automation app Delightree raises USD 3 Million

Delightree App

Workflow automation app for businesses, Delightree has secured USD 3M in a seed funding round on 1st August, 2020. The investment round was led by Alchemist Accelerator, Emergent Ventures, Axilor Ventures, Accel Partners and Brainstorm Ventures. The start-up intends to deploy the funds to get new clients. About the founders San Francisco and Delhi based start-up, Delightree was the brainchild of...

California’s Instrumental raises US$ 20M in Series B funding

California’s Instrumental raises US$ 20M in Series B funding

Instrumental, a startup that uses vision-driven AI to detect manufacturing irregularities has secured US$ 20M in a Series B funding round held in August 2020, led by Canaan Partners along with Stanford StartX and existing investors Root Ventures, Eclipse Ventures and First Round Capital. The fresh funds will be used to expand its business in the electronics space, a part of the manufacturing world where...

Slovakia’s altFINS secures €1M seed funding

Slovakia’s altFINS secures €1M seed funding

Fintech startup altFINS has secured €1M in a seed funding round held in August 2020, led by CB Investment Management. altFINS’ platform enables investors and traders to protect, analyze and trade digital assets. Capital raised will be used to further expand its platform’s services, aiming to help even more private and recognized investors to make up-to-date investment decisions and become...

Cambridge-based Spotta secures €1 million for its smart insect pest systems

Spotta

Smart pest system start-up, Spotta announced on 28th July, 2020, that it has raised €1 million seed investment in a funding round from Cambridge Angels and REMUS, US based Venture Capital Firm. The representatives of the VC firm will join the board as a part of deal. Other participants in the round include Angel CoFund, Martlet Capital and Wren Capital....