Real-time soil-testing agtech startup Stenon raises $20M Series A funding round

Stenon, an agtech company that has a real-time soil-sensing solution, has raised a $20 million Series A funding round from Founders Fund, David Friedberg's The Production Board and existing investors including Cherry Ventures and Atlantic Labs. Founded in 2018 in Potsdam, Germany, Stenon's

The Station: Cruise loses its head, Nio brings AR in the car and Rivian expands to Georgia

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

Lapse, an app that lets you snap and ‘develop’ rolls of film with groups of friends, raises $11M

The relentless march of social media apps’ algorithmic advertising hooks, influencer-leveraged social graphs and UX that begs for endless scrolling have led to viral success and mass-market engagement for the biggest players. But there remains a continuing gap in the market for products that

GDevelop wants to make game development accessible

GDevelop is a game engine that lets you develop a video game without any specific development experience. While the “no-code” trend has been quite popular this year, GDevelop has been around for a few years already. Florian Rival first started working on GDevelop as an open source side

India’s OfBusiness valued at $5 billion in $325 million funding

OfBusiness, a New Delhi-headquartered startup that sells industrial goods and provides small businesses with credit, has secured its fourth financing round this year and is now valued at about $5 billion. Alpha Wave Global, Tiger Global and SoftBank Vision Fund 2 led the startup’s $325 millio

India’s Cars24, a used-vehicle sales platform, raises $400M, now at a $3.3B valuation, to double down on growth

With supply chains in the automotive industry continuing to be disrupted due to COVID-19, demand has surged in the used-car market. Today, one of the startups that’s seeing a lot of growth as a result of that is announcing a big round of funding to further tap the opportunity. Cars24, a start

Nigerian mobility-tech startup MAX bags $31 million in Series B round, set to expand across Africa, build EV infrastructure

Nigerian mobility tech startup Metro Africa Xpress Inc. (MAX) is planning to enter more markets across Africa as it races toward formalizing the continent's transportation sector after securing $31 million in Series B funding. The startup told technewss that it will use the funding to enter Gh

Kurly lands $210M pre-IPO at a $3.3B valuation months after its last funding

  Just half a year after its last Series F round announcement, Korean online grocery startup Kurly has closed $210 million in a pre-IPO round from single backer Anchor Equity Partners, a Hong Kong-based private equity firm. The latest funding brings its total raised to appro

Indian fintech giant Razorpay valued at $7.5 billion in $375 million funding

Razorpay has more than doubled its valuation to $7.5 billion from $3 billion in April as one of India's largest fintech giants demonstrates fast growth and aggressively broadens its product offerings. The Bangalore-headquartered startup, which is a market leader in payments processing in India,

The big startup question on my mind for 2022

Welcome to Startups Weekly, a fresh human-first take on this week's startup news and trends. To get this in your inbox, subscribe here. As we entered 2021, I wrote about the big question on every startup's mind for 2021: How will a cataclysmic event such as a pandemic show up in post-pandem

More than another check, founders need activation energy

As capital continues to flood the startup market, I keep thinking about the activation energy needed to not only start a company, but remain in charge of one. This type of scaling strategy looks more human than a check — after all, venture doesn't fix all things — in fact, it can ev

Tiger Global backs fintech CreditBook in first Pakistan investment

Two years ago, a group of entrepreneurs in Pakistan began surveying the market to understand why financial services weren't reaching the majority of merchants in the world's fifth most populous nation. On Friday, Tiger Global said it is backing their startup, CreditBook, to help address tho

Spotify acquires podcast tech company Whooshkaa which turns radio broadcasts into on-demand audio

Spotify is continuing its investments in podcasts with today’s news that it has acquired another podcast technology company, Whooshkaa, an Australia-based all-in-one platform for hosting, managing, distributing, promoting, monetizing and measuring podcasts. The deal follows Spotify’s ea

India’s most valuable startup Byju’s in talks to go public via record SPAC deal

Indian edtech giant Byju's, the nation's most valuable startup, is in talks to go public in the U.S. by merging with a blank check company led by Churchill Capital, a person familiar with the matter said. Byju's, currently valued at about $21 billion, is seeking a valuation of over $45