HoneyBee raises millions to make financial wellness a workplace benefit

HoneyBee, a startup that aims to help companies provide access to financial support to their employees, announced today it has raised $5.7 million in equity in a round led by FFVC. Resolute Ventures, Afore Capital, Rebalance Capital, K50 and Financial Venture Studio also participated in the financi

Jetty raises $23M to help give renters more payment flexibility

Jetty, a fintech company which aims to give renters flexibility when paying rent, has raised $23 million in a funding round co-led by Citi and Flourish Ventures. The financing brings Jetty's total raised since its 2016 inception to $78 million. Other investors participating in the latest growth

Emulate Inc. closes $82M Series E to fund expansion of ‘organ-on-a-chip’ products

Emulate Inc., a biotech company focused on developing “organ-on-a-chip” technology, closed an $82 million Series E round on Tuesday. This latest round is intended to formulate a massive investment in a “roadmap” for developing model organ systems created to fit drug makers’ needs and

How engaged are your employees?

Managers are occasionally evaluated by their team’s occupational wellness — the sometimes-hazy calculation that rates employees' professional and personal contentment. What may not be as commonly tested is the connected concept of employee engagement, which measures how committed employ

DigitalOcean enhances serverless capabilities with Nimbella acquisition

As developers look for ways to simplify how they create software, serverless solutions, which enable them to write code without worrying about the underlying infrastructure required to run their applications, is becoming increasingly popular. DigitalOcean announced today that it is enhancing its ex

Glovo to double down African investment in the next 12 months — but will it stay put?

"speakable-summary" style="font-weight: 400;">Spanish on-demand delivery platform Glovo today announced plans to double its investment in Africa and expand its operations on the continent. The Barcelona-based company has invested up to €25 million ($30 million) by bringing its food delivery servic

TikTok and Snap alums launch mayk.it, a social music creation app, with $4M in seed funding

After living through the global upheaval of the COVID-19 pandemic, many workers are re-evaluating their career path. Stefan Heinrich Henriquez, a former head of Global Marketing at TikTok and chief marketing officer at Cameo, is one of them. “I have been thinking about music since my time at

Seqera Labs grabs $5.5M to help sequence COVID-19 variants and other complex data problems

Bringing order and understanding to unstructured information located across disparate silos has been one of the more significant breakthroughs of the big data era, and today a European startup that has built a platform to help with this challenge specifically in the area of life sciences — an

Women’s health tech brand, Elvie, tops up Series C to $97M

Elvie, the women’s health tech pioneer behind a connected breast pump and smart pelvic floor exerciser, has topped up a Series C which it announced earlier this summer (July) — adding a further £12.7 million to bring the total raised to £70 million ($97 million). The 2013-founded, U.K

Sequoia Heritage, Stripe and others invest $200M in African fintech Wave at $1.7B valuation

Francophone Africa has its first unicorn, and if you’ve been following tech on the continent, you will be very unsurprised to hear that it’s coming from the world of fintech. Wave, a U.S. and Senegal-based mobile money provider, has raised $200 million in a Series A round of funding. Th

Financial comparison super app Jeff raises $1.5M seed extension

Financial services, especially those for people who don't have access to traditional bank accounts or lines of credit, are proliferating in Southeast Asia. Jeff App wants to give consumers a “super app” where they can compare many financial products and apply for them using the startup'

Portcast gets $3.2M to create more transparent and sustainable supply chains

"attachment_2198317" aria-describedby="" style="width: 1024px">Portcast founders Dr. Lingxiao Xia and Nidhi Gupta. Image Credits: Portcast For many manufacturers and freight forwarders, managing logistics is still a very manual process: tracking shipments with a call or online lookup, and entering t

Commerce platform ShopUp raises $75 million in Bangladesh’s largest funding

ShopUp, a startup that is digitizing neighborhood stores in Bangladesh, has raised $75 million in a new financing round that is also the largest in the South Asian market. Peter Thiel's Valar Ventures led ShopUp's $75 million Series B round. Prosus Ventures, as well as existing investors Fl

H2O Hospitality secures $30M Series C to expedite hotel digital transformation

The pandemic has triggered more demand for contactless and staffless operations in the hospitality sector, and now H2O Hospitality, the unmanned hotel management company, has closed a $30 million round on the back of that boost. The South Korea- and Japan-based startup automates front- and backend