Sendoso nabs $100M as its corporate gifting platform passes 20,000 customers

"speakable-summary" dir="ltr">Corporate gift services have come into their own during the COVID-19 pandemic by standing in as a proxy for other kinds of relationship-building activities — office meetings, lunches and hosting at events — that have traditionally been part and parcel of how

Truepic, which just raised $26M in a Microsoft-led round, aims to verify the authenticity of photos and videos

Truepic, a digital image verification software provider, has raised $26 million in a Series B funding round led by M12, Microsoft's venture fund. Adobe, Sony Innovation Fund by IGV, Hearst Ventures and individuals from Stone Point Capital also participated in the financing, which brings San Die

SoftBank commits $3B more to investing in Latin American tech companies

SoftBank Group Corp. is doubling down on its commitment to Latin America. Today, the Japanese investment conglomerate is announcing the launch of the SoftBank Latin America Fund II, its second dedicated private investment fund focused on tech companies located in LatAm. SoftBank is launching the ne

Digital freight marketplace BridgeLinx raises $10 million in Pakistan’s largest seed funding

BridgeLinx, a 9-month-old Lahore-headquartered startup that operates a digital freight marketplace, said on Tuesday it has raised $10 million in what is the largest seed financing round in Pakistan. Harry Stebbings' 20 VC, Josh Buckley's Buckley Ventures and Indus Valley Capital co-led the

How Colossal sold investors on a quest to resurrect a woolly mammoth

There are a growing number of companies interested in CRISPR’s potential to upend medicine. It's probably safe to say there's only one company interested in using the gene-editing system to create a living, breathing woolly mammoth. Or, at least, something pretty close to it.  T

GM invests in radar software startup Oculii as demand for automated driving features rise

Oculii, a software startup that aims to improve the spatial resolution of radar sensors by up to 100-fold, has scored a new investment from General Motors. The new funding, which the two companies say is in the millions, comes just months after Oculii closed a $55 million Series B. Oculii and GM ha

BitSight raises $250M from Moody's and acquires cyber risk startup VisibleRisk

BitSight, a startup that assesses the likelihood that an organization will be breached, has received a $250 million investment from credit rating giant Moody's, and acquired Israeli cyber risk assessment startup VisibleRisk for an undisclosed sum. Boston-based BitSight says the investment from

What to make of Freshworks’ first IPO price range

Two major private tech companies announced IPO price ranges this morning, with Toast targeting a market value of nearly $18 billion at the top end of its range and Freshworks looking to price its equity between $28 and $32 per share. technewss calculates that the company would be worth around $8.9

JumpCloud raises $159M on $2.56B valuation for cloud directory tool

JumpCloud, the late-stage startup that is modernizing the notion of corporate directories in a cloud context, announced a $159 million Series F investment on a healthy $2.56 billion valuation today. Sapphire Ventures led the round with new investors participating, including Owl Rock, Whale Rock Cap

Vector.ai’s productivity platform for freight forwarders raises $15M A round led by Bessemer

With supply chains under constant stress because of the pandemic, freight forwarding has become one of the hottest startup sectors in the last two years. Indeed, international freight forwarding is now a $199 billion market. And the evidence is mounting. In November last year, digital freight forwa

Freshworks aims for nearly $9 billion valuation in US IPO

Freshworks disclosed on Monday that it is aiming for a valuation of up to $9 billion in its U.S. initial public offering, in which it is hoping to raise over $800 million. The California-based firm, which started its journey in India and rivals Salesforce, said it plans to sell 28.5 million shares

Babyscripts secures $12M to roll out its virtual maternity care model

Obstetrics virtual care company Babyscripts raised $12 million in the first round of a Series B investment that will enable the company to accelerate the roll out of its virtual maternity care tool platform to providers. MemorialCare Innovation Fund led the investment and was joined by Philips and

Egyptian startup Capiter raises $33M to expand B2B e-commerce platform across MENA

Funding startups that help manufacturers and sellers distribute products and merchants access them on a single platform keeps increasing across Africa. Today, Cairo-based B2B e-commerce startup Capiter continues that trend by raising a $33 million Series A round. The investment was

Indonesia-based Rey Assurance launches its holistic approach to insurance with $1M in funding

"attachment_2201335" aria-describedby="" style="width: 1024px">Rey Assurance co-founders Bobby Siagian and Evan Tanotogono. Image Credits: Rey Assurance Health insurance is the kind of thing people usually only think about only when they need it. Otherwise, their policies are just paperwork in their