Payments infra startup M2P Fintech valued at over $600 million in $56 million funding

M2P Fintech, a payments infrastructure startup that has established market dominance in India, has raised $56 million in a new financing round, less than three months after closing its previous funding, as it works to deepen its footprints in several international geographies. Insight Partners, the

Insurtech startup Luko acquires Coya and gains insurance license

French startup Luko is acquiring German startup Coya in order to grow its European presence and get an insurance license from German regulators. While Luko isn't disclosing terms of the deal, the company says it's a 100% share deal, which means that Coya investors are now Luko investors. Th

Singapore-based StaffAny gets $3.4M led by GGV to simplify shift management

"attachment_2259879" aria-describedby="" style="width: 1000px">A SaladStop worker uses StaffAny to clock in. Image Credits: StaffAny StaffAny, a management platform for SMEs with shift workers, has raised a $3.4 million Series A led by GGV Capital. The round included participation from East Ventures

YC alum Dropee, a Malaysia B2B wholesale platform, lands $7M Series A

Another startup focused on SMEs in Southeast Asia has announced a funding round. Dropee, a Malaysia-based B2B wholesale platform that also offers financial services, like working capital loans, to SMEs, said today it has closed a Series A round totaling $7 million. The Y Combinator alum raised $3 m

Daily Crunch: Electric rail vehicle startup Parallel Systems raises a $49.55M Series A

To get a roundup of technewss's biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. Hello and welcome to Daily Crunch for January 19, 2022! What a news roundup we have for you today: China's changing venture landscape, the power of passwords,

How Mayht, a small startup, is taking on the world of speaker goliaths

There are many ways of spinning up a startup, but it takes a particularly brave set of founders to take on a deeply entrenched industry with a small number of incumbents who have the market all sown up. You’d have to be a special flavor of bold to take on internet search for example — w

Dovetail raises $63M to grow its researcher-focused software business

Australian user research software company Dovetail announced today that it has closed a $63 million Series A led by Accel. The company has now raised just over $70 million in total, and it added its new capital at a valuation that it describes as “north” of $700 million. As you can tell

Dear Sophie: How do I successfully expand my company to the US?

??Here’s another edition of “Dear Sophie,” the advice column that answers immigration-related questions about working at technology companies. “Your questions are vital to the spread of knowledge that allows people all over the world to rise above borders and pursue their dreams,”

Tom Brady’s buzzy celebrity NFT startup Autograph banks $170M from Silicon Valley’s top crypto investors

Autograph, an NFT agency co-founded by athlete Tom Brady with a particularly deep bench of star power, has banked new funding from crypto investors who hope the platform can bring a new generation of celebrities and their fans into the fold of crypto collectibles. The startup tells technewss it ha

Why aren’t female founders getting a bigger piece of the pie? Theories abound

Less than 2% of venture capital funding went to all-female founding teams in 2021, marking a five-year low, new data from PitchBook shows. All-female founding teams did receive 83% more funding in 2021 in absolute dollars compared to the year prior, but that's likely because U.S. startups overa

Mayfair Equity Partners aquires UK adtech platform LoopMe for $120M

Founded back in 2012, the LoopMe adtech/martech startup focused on brand-based mobile advertising, using AI to deliver measurable outcomes for its users. At its height, it had raised $25 million equity and $10 million of venture debt (which was fully paid off before signing). But there's a reas

Softr’s Series A is a reminder that the no-code boom continues

A few years back there was debate in the tech market concerning the growth of low- and no-code apps and services. A global shortage in developer talent was part of the impetus behind building software that made creating software simpler, but there were some who viewed no- and low-code tools as mere

If you want startup funding, don’t make VCs feel ignorant

In nine years as a VC, I have seen many founders misinterpret the standard advice to ask potential investors questions during pitch meetings. Frequently, these questions can derail, distract, and make investors feel defensive. To avoid this, I train founders in a strategy inspired by my experience

Gale Healthcare raises $60M to match nurses with empty shifts

If there was ever a rubber-meets-road moment for six-year-old app Gale Healthcare Solutions, it's probably right now.  Gale Healthcare Solutions, founded in 2016, matches nurses with available work shifts. A hospital or clinic posts available shifts, then nurses can peruse opportunities, claim