Hopper raises $175M at $3.5B+ valuation as travel surges and its fintech tools help offset variant concerns

Travel tech company Hopper has raised a $175 million Series G, the company said today. That’s nearly the same amount it raised in a Series F round that closed earlier this year. These are indeed new funds, however, bringing its total raised to date to nearly $600 million, with the company no

African fintech Pngme raises $15M for its financial data infrastructure platform

Unbundling financial data through APIs and driving data-driven insights with value-add products in Africa keeps getting more exciting as major players continue to raise more money for scale. Less than a year after its $3 million seed round, San Francisco- and Africa-based fintech Pngme has snapped

MOLOCO raises $150M Series C led by Tiger Global at a $1.5B valuation

MOLOCO, an adtech startup that uses machine learning to build mobile campaigns, announced today it has raised $150 million in new Series C funding led by Tiger Global Management, taking its valuation to $1.5 billion. This is separate from the $20 million Series C round MOLOCO announced three months

Brex buys Weav, a universal API for commerce platforms, for $50M

Fintech Brex first partnered with Weav, a developer of a universal API for commerce platforms, last summer. In March, Brex launched Instant Payouts for Shopify sellers using the startup's technology. The results were impressive enough that by April, Brex co-founders Henrique Dub

xentral, an ERP platform for SMBs, raises $75M Series B from Tiger Global and Meritech

Enterprise Resource Planning systems have traditionally been the preserve of larger companies, but in recent years the amount of data small to medium-sized businesses can generate has increased to the point where even SMEs/SMBs can get into the world of ERP. And that’s especially true for onl

A leaked bill for Nigerian startups reveals a theme of licenses, fees, fines and sentences

For a while, there have been talks about revamping the outdated 2007 Act of Nigeria’s information and technology body, the National Information Technology Development Agency (NITDA). The bill, which established NITDA as the agency to oversee Nigeria’s technological transformation, is qu

informed., you want to be? Trio of European media veterans take on the problem of news economics

News is vital to society, but it's also incredibly expensive to produce. As ad rates have suffered across the industry (minus a positive blip this summer), publishers have increasingly turned to paywalls to make ends meet. There's just one problem: The open internet that allowed readers to

Trading platform Bitpanda raises $263M at a $4.1BN valuation

It’s not even half a year since crypto exchange Bitpanda announced a $170 million Series B — when, back in March, Austria’s first unicorn was being valued at $1.2 billion. Today it’s topping that: Announcing a $263 million Series C, led by Peter Thiel’s Valar Ventures,

Ultrahuman raises $17.5M, touting a wearable blood glucose tracker

Fitness platform Ultrahuman has officially announced a $17.5 million Series B fundraise, with investment coming from early stage fund Alpha Wave Incubation, Steadview Capital, Nexus Venture Partners, Blume Ventures and Utsav Somani's iSeed fund. A number of founders and angel investors also par

Revenue-based financing startup Jenfi raises $6.3M to focus on high-growth Southeast Asian companies

Many Southeast Asian digital businesses run into obstacles when seeking early-stage growth financing. They might not want to sell equity in their company, but often struggle to secure working capital loans from traditional financial institutions. That's where Singapore-based Jenfi comes in, pro

EV startup Canoo is gearing up for production in Oklahoma factory

EV startup Canoo has hired hundreds of employees and is homing in on a production date, but critical milestones including landing a battery supplier remain, according to the company’s second quarter earnings report. Canoo’s earnings report comes just a few weeks after the company’

Daily Crunch: Israel-based stroke therapy tech startup BrainQ raises $40M

To get a roundup of technewss's biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hello and welcome to Daily Crunch for August 16, 2021. While the world deals with myriad issues, we're sticking to our usual remit. Hugs and love to everyone,

LG Energy Solution inks deal with Australian mining company for nickel and cobalt

South Korea's LG Energy Solution has entered into a six-year agreement with an Australian mining company for cobalt and nickel, securing a stable supply of key minerals to make electric vehicle batteries. LG Energy, a subsidiary of LG Chem, will purchase 71,000 dry metric tons of nickel and 7,0

T-Mobile confirms it was hacked after customer data posted online

T-Mobile has confirmed “unauthorized access” to its systems, days after a portion of customer data was listed for sale on a known cybercriminal forum. The U.S. cell giant, which last year completed a $26 billion merger with Sprint, confirmed an intrusion but that it has “not yet d