India’s CarDekho becomes unicorn with $250 million fundraise

CarDekho, an Indian search and e-commerce platform for new and used cars, has become the latest startup in the world's second-largest market to reach the unicorn status. The 14-year-old startup said on Wednesday it has raised $250 million — $200 million in equity and $50 million in debt &

Russian tech giant Yandex expands Israeli footprint with acquisition of Wind’s Tel Aviv operations

Russian tech giant Yandex is expanding its mobility footprint in Israel with the acquisition of shared e-scooter company Wind’s Israeli operations. The two are not sharing the terms of the deal, but Israeli financial newspaper Globes reported that it is estimated to have cost $40 million to $

GreenForges digs deep to farm underground

Vertical farms usually look up. Aerofarms, Plenty, Gotham Greens — these companies are trying to revolutionize agriculture by looking toward the sky, with tall warehouses full of growing equipment extending upward. But Philippe Labrie is looking down. Labrie is the CEO and founder of the pre-seed

FourFront nabs funding to build an interconnected network of fictional TikTok stars

Every popular social media platform has opened up a new type of storytelling to a new generation of users, but TikTok’s impact has perhaps been the swiftest as the short-form video platform’s user base has quickly swelled past 1 billion users and transformed how social media stars are m

Atomic aims to give consumers more control over their income with payroll-connecting APIs

Fintech startup Atomic announced this morning that it has closed a $22 million Series A. Core Innovation Capital led the round, which saw participation from preceding investors. The company has raised just under $39 million to date. The company’s API-delivered product, which focuses on payrol

VanMoof teases new high-speed electric bike

E-bike manufacturer VanMoof recently raised a $128 million funding round. And the company is already using some of that cash to develop a brand new product — the VanMoof V. This is a new product in the VanMoof lineup, a high-speed bike. The VanMoof V isn't available just yet. Instead, the com

SoWork just convinced investors (and Tinder) that virtual co-working is here to stay

Vishal Punwani, the CEO and co-founder of SoWork, is building a business based off of a feeling that he stumbled upon by accident. SoWork, a virtual co-working startup, began after Punwani and his co-founders decided to build a machine learning edtech company. While building, Punwani's team, wh

SheeldMarket raises $10 million for its institutional crypto investment platform

Paris-based cryptocurrency broker SheeldMarket has raised a $10 million Series A funding round led by Atomico. As a EU-registered broker, the company wants to help institutional investors buy and sell crypto assets in a regulated way. Most cryptocurrency products designed for institutional investor

Emerging markets lender Lendable seeks $100M to fund fintech companies

Emerging markets fintech financier Lendable is targeting to raise a $100 million fund to invest in African and Asian fintech companies, the firm said in an emailed statement today. In March, the firm said it planned to raise funds between $120 million to $180 million to give new loans to fintechs s

Y Combinator-backed MentalHappy app launches to make mental health care accessible

On the heels of World Mental Health Day, an app called MentalHappy is launching with the goal of making mental health care accessible, affordable and stigma-free. “I’ve been on both sides of the spectrum where I can afford the $175 an hour for therapy, and where I couldn’t afford

EngFlow raises $3.7M seed to speed up compiling of large code projects

Over the years, applications have gotten bigger and bigger. Even a small company could be dealing with large libraries of open source code, making it time-consuming to pull the various pieces of a project together, package them up and compile them into a single program. This often creates a bottlen

Alviere lands $70M in funding to help brands offer bespoke financial products and services

Alviere, an embedded finance startup that aims to help any brand deliver financial products and services to its customers and employees, announced today it has closed $70 million of new funding. In April, New York-based Alviere closed a $20 million Series A led by Viola Ventures and Viola Fintech,

ResQ cooks up a $39 million Series A for restaurant repair industry

ResQ, which does end-to-end equipment repairs for over 4,000 restaurant groups — from Taco Bell to Tim Hortons — has raised a $39 million Series A co-led by Tiger Global and Canvas Ventures. The capital, which includes investments from Homebrew, Inovia Capital and Golden Ventures, comes

Steve Wozniak and Alex Fielding’s startup Privateer aims to be the Google Maps of space

A number of startups have emerged aimed at cleaning up low Earth orbit, which is currently crowded with millions of pieces of space junk — including anything from broken satellites, to rocket fragments, to debris from vehicle stages or space missions. While the task of cleaning up LEO is an i