Egypt’s YFS gets $7M to scale its on-demand logistics and delivery business across MENA

On-demand delivery in the Middle East and North Africa is estimated to reach $47 billion by 2030. In its largest and fastest-growing economy, Egypt, many platforms operate in different segments of e-commerce and logistics while serving businesses and customers. Today, one of those companies, Yalla

AirTree launches three new funds totaling $700M AUD

"attachment_2264341" aria-describedby="" style="width: 1024px">AirTree partners (from l to r): James Cameron, John Henderson, Elicia McDonald, Jackie Vullinghs, Craig Blair and Helen Norton. Image Credits: AirTree Ventures More money is flowing into Australia and New Zealand's startup ecosystems

Upskilling platform Scaler tops $700 million valuation in new funding

Scaler, an edtech startup that offers upskilling courses to working professionals in India, has raised $55 million in a new financing round as it looks to expand to international markets including the U.S., the Bengaluru-headquartered firm said Tuesday. The Series B funding — led by Lightrock

Daily Crunch: Citrix to be acquired by Vista and Evergreen/Elliott in $16.5B all-cash deal

Hello and welcome to Daily Crunch for Monday, January 31! We're putting a bow on the first month of the year today, but that doesn't mean we're looking back. Not at all. First, news is popping off like firecrackers. And, we're looking ahead because we're doing a lot of really fu

Popular puzzle game Wordle is being purchased by The New York Times

Wordle, the popular puzzle game that has captivated users around the world, has been purchased by The New York Times Company. The game has been acquired for an undisclosed price in the “low-seven figures.” The New York Times Company says Wordle will be free to play for new and existing

How to build and maintain momentum in your fundraising process

Momentum is the single most important factor that helps startup founders raise capital. In 20+ years of working to connect founders with potential investors, I've learned that there's a direct correlation between the speed of your fundraising process and the probability of actually getting

Sony snaps up ‘Halo’ and ‘Destiny’ creator Bungie for $3.6B

Bungie, the studio responsible for the creation of Halo and Destiny, two of the gaming world’s biggest franchises, has been acquired by Sony. It’s part of a consolidation and turf war being waged as the next generation of gaming (and the metaverse, whatever that is) builds up steam. The

Deepnote raises $20M for its collaborative data science notebooks

Deepnote, a startup that is building a data science platform on top of Jupyter-compatible notebooks, today announced that it has raised a $20 million Series A round co-led by Index Ventures and Accel, both of which participated in its 2020 seed round. Existing investors Y Combinator and Credo Ventu

New capital fuels Purely Elizabeth's next natural food phase

It's been a 12-year journey for Purely Elizabeth founder Elizabeth Stein, and based on her plans for the company's next phase, she is just getting started. Stein, who began her career as a holistic nutrition counselor, started the company in 2009 after going back to school and learning abou

Sunday competitor Qlub emerges with $17M seed round from Cherry and Point Nine

Our behavior at restaurants and venues has changed massively in the last two years because of the pandemic, but many of us have realized the huge advantages of being able to order via phones from the table, or even pay, instead of the usual “credit card dance”. French startup Sunday, wh

The Station: Waymo sues to protect trade secrets, Wisk lands more Boeing capital and a chat with Toyota’s chief scientist

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello readers: Welcome to The Station, your central hub for all past, present and future means of moving people and packages from Point

Berlin’s Tilo raises seed round to tackle unstructured data sets with a serverless platform

As is commonly the case, data sets used inside companies almost always come from diverse sources and in different, unstructured formats. Connecting them up can lead to a very large headache. But if it can be done, there are all sorts of benefits, especially in finance, such as fraud detection, KYC/

Tiger Global and Greycroft back Nigerian investment app Bamboo in $15M round

To buy a share in Amazon, you'd have to fork out almost $3,000. It's a luxury very few can afford and despite the prospects of the trillion-dollar company or returns from its share price, it'll take some contemplating to pay that full price for those who can afford to. But with fractio

Egyptian social commerce startup Brimore raises $25M led by IFC and Endure Capital

The Egyptian social e-commerce market will be worth over $14.8 billion by 2024. The opportunity in the market can be attributed to the growth in online social sellers in the country, over 1.25 million them, helping little-known brands sell and distribute their goods via different networks. Brimore&