BP Ventures invests $11.9M in in-car payments provider Ryd to support expansion

BP Ventures, the investing arm of oil and gas giant BP, has announced a €10 million (~$11.9 million) investment in Ryd, a German in-car digital payments provider. The fresh funds will help Ryd expand its service into international markets and build out its offering, according to a statement. Ryd&

Indian crypto exchange CoinSwitch Kuber in talks to raise funds at unicorn valuation

Indian crypto exchange CoinSwitch Kuber is in advanced stages of talks to raise a new financing round at up to $2 billion in valuation, several sources familiar with the matter told technewss. If the talks materialize in a deal, CoinSwitch Kuber will become the second crypto startup in the world&#

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'

Ledgy is an equity management tool for European startups

Every startup founder faces the same issue — how do you manage your cap table and equity plans in a transparent and lightweight manner? If you're based in the U.S., chances are you're using an equity management solution like Carta. But if you're not based in the U.S., you don't ha

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

After years of inaction against adtech, UK’s ICO calls for browser-level controls to fix ‘cookie fatigue’

In the latest quasi-throwback toward “do not track,” the U.K.’s data protection chief has come out in favor of a browser- and/or device-level setting to allow internet users to set “lasting” cookie preferences — suggesting this as a fix for the barrage of consent

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

A.ID closes pre-seed funding for ID verification platform aimed at high-risk clients

A.ID, an identity and compliance platform with a focus on high-risk clients, has closed a pre-seed investment round of $500,000 from angel investors including former employees of RobinHood, Square and Snap. The startup says it is addressing a market that traditional fintech companies and banking in

Financial automation startup Aurelia raises $3M seed round led by Blossom Capital

Financial automation platform Aurelia has raised $3 million in seed funding led by Blossom Capital. Billing itself as a sort of “IFTTT for finance” aimed at small businesses that want to integrate their bank accounts with financial tools, Aurelia says this then gives them greater control over c

Fractory raises $9M to rethink manufacturing supply chain for metalworks

The manufacturing industry took a hard hit amid the COVID-19 pandemic, but there are signs of recovery — helped in part by new efforts to make factories more responsive to the fluctuations in demand that come with the ups and downs of the shifting economy, virus outbreaks and more. Today, a b

The Station: Lyft, Uber take action in Texas, Van Moof charges up with capital, an eVTOL SPAC deal gets knocked

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

Mobius Labs nabs $6M to help more sectors tap into computer vision

  Berlin-based Mobius Labs has closed a €5.2 million (~$6.1M) funding round off the back of increased demand for its computer vision training platform. The Series A investment is led by Ventech VC, along with Atlantic Labs, APEX Ventures, Space Capital, Lunar Ventures plus some additional an

Lee Fixel’s Addition invests over $75 million in Delhivery

Indian logistics firm Delhivery has courted one more high-profile investor before its expected IPO in the next two quarters: Lee Fixel’s Addition. The Gurgaon-headquartered firm has disclosed in a regulatory filing that Addition has invested $76.4 million in the startup. The new investment i