Indonesian Traveloka bags US$ 250M in funding

Indonesian Traveloka bags US$ 250M in funding

Indonesia-based online travel portal, Traveloka, has bagged US$ 250M in July 2020 in a funding round led by an unnamed global financial institution and several other existing investors, EV Growth being one of them. Traveloka is a growing technology company that provides flight and hotel booking online service. Their technology enables users to instantly find the cheapest flights and hotels without any...

London-based Yumpingo raises over €9 million to help restaurants gather real-time feedback

Yumpingo

UK- based, one-minute instant review platform for restaurants, Yumpingo has secured over €9 million. The company will utilize the funds to launch Yumpingo Pay, a new pay-at-table platform and expand its operations and sales internationally. This round was backed by a London-based VC firm, Smedvig Capital. As a part of the deal Smedvig Capital’s representatives Rob Toms and Joe Knowles...

Swiss startup Advertima raises €15 million to make smart retail spaces a reality

Advertima

An emerging computer vision platform provider, Advertima announced on 29th July, 2020, that it has procured €15 million Series A investment. The round was led by a Swiss real estate company known as Fortimo Group, which is also an existing shareholder of Advertima. The founders intend to deploy the fresh capital to strengthen the company’s position in the smart spaces...

London-based smol raises €8.8 million to expand subscription services

London based, eco-friendly detergent subscription service, Smol has raised €8.8 million in series A financing on 21st July, 2020. The round was led by Balderton Capital and JamJar Investments. The company claims to utilize the investment to expand its subscription services, into new product categories, further into new markets and bolster its team. “We feel very fortunate to have both Balderton and...

Berlin’s cargo.one raises US$ 18.6M Series A funding

Berlin’s cargo.one raises US$ 18.6M Series A funding

Berlin-based cargo.one has raised US$ 18.6M in a Series A round of funding held in July 2020, led by Index Ventures, Next47 and existing investors Creandum, Lufthansa Cargo, Point Nine Capital along with a number of angel investors including Tom Stafford of DST Global and Carlos Gonzalez-Cadenas (COO of GoCardless and former CPO of Skyscanner). Capital raised will be used in expanding...

Open Space bags US$ 15.9M Series B funding

Open Space bags US$ 15.9M Series B funding

San Francisco-based OpenSpace has raised US$15.9M in a Series B funding round in July 2020, led by Menlo Ventures along with Nine Four Ventures and Taronga Group, as well as existing investors Lux Capital, JLL Spark, Navitas Capital and Zigg Capital. Capital raised will be used to meet the swiftly-growing demand for OpenSpace's remote construction technology and ClearSight analytics platform....

London-based Closed Loop Medicine secures €275K for COVID-19 and hypertension monitoring

CLM

Closed Loop Medicine (CLM), a London based therapeutics and healthtech startup, announced to raise approx. €275K COVID-19 Innovate UK Continuity Funding award in order to support its ongoing clinical research programme previously secured through the Innovate UK Precision Medicine Accelerator. Due to the coronavirus pandemic outbreak and the resultant global lockdown the CLM's study was placed on hold. However during the early...

Estonian fintech Montonio raises €500K to compete with the traditional installment credit model

Montonio

Tallinn-based fintech startup, Montonio announced on 24th July, 2020, that it has secured €500k in a pre-seeding round. The investors in this round include, Triin Hertmann and Martin Sokk (former COO and first head of product at TransferWise respectively), Jevgeni Kabanov (CPO at Bolt), Practica Capital (Lithuania), Charlie Songhurst (Katana Capital, ex-Google), Superangel (Estonia) and Gorilla Capital (Finland). Montonio was...

Food logistics startup GET IT secures Series A funding

Food logistics startup GET IT secures Series A funding

Rwandan food logistics startup GET IT has raised an undisclosed amount of capital in a Series A funding round held in July 2020 led by VestedWorld, Chandaria Capital and other angel investors. The fresh funds raised will be utilized to expand its operations and give it a platform for future regional progress. Launched in 2014 by Lauren Russell Nkuranga, GET IT supplies food...

IIT Madras startup Muse Wearables bags US$ 2.9M for launching wrist bands that detect COVID-19 symptoms

IIT Madras startup Muse Wearables bags US$ 2.9M

Muse Wearables, a startup incubated at IIT Madras by an alumni group along with an NIT Warangal alumnus has raised US$ 2.9M in July 2020. The wearable wrist band that can identify COVID-19 symptoms in a person just in the initial days of getting infected will be available in the market next month, that is, August 2020. The startup...