Chargebee valued at $1.4 billion in new $125 million fundraise

A startup that enables businesses to set up and manage their billing, subscription, revenue operations and compliance has become the newest firm to earn the much-coveted unicorn status. Chennai and San Francisco-headquartered Chargebee said on Tuesday it has raised $125 million in its Series G fina

‘Bowl food’ startup Poke House closes $24M Series B led by Eulero Capital to expand in Europe

The food tech industry is effectively now going into fast food. Sweetgreen in the U.S. is a “fast-casual” restaurant chain that serves healthy “bowl food”. It's raised $478.6 million. A similar firm is Sweetfin. Both employ a lot of tech in their back-end to improve efficiencies

UK drone startup sees.ai gets go ahead to trial beyond-visual-line-of-sight (BVLOS) flights

The U.K.’s Civil Aviation Authority (CAA) has given the go ahead to local startup sees.ai, which is developing a beyond-visual-line-of-sight (BVLOS) command & control solution to aid data capture for industrial use-cases, to trial a concept for routine BVLOS operations — the first s

Venmo adds support for buying, holding and selling cryptocurrencies

Venmo is adding support for cryptocurrency, starting today. The company says it will begin to roll out the ability for Venmo’s more than 70 million users to buy, hold and sell cryptocurrencies directly in the app, similar to the support Venmo parent company PayPal added late last year. Initia

Tesla mulls cars tailored to China amid mounting criticism

Tesla is working on vehicles tailored to Chinese consumers as complaints about the quality of its electric vehicles send shock waves through the internet in the country. The American EV giant is mulling new products that will be designed from the ground up for China, Grace Tao, a vice president at

FintechOS nabs $60M for a low-code approach to modernizing legacy banking and insurance services

“Challenger” startups in banking and insurance have upended their industries, and picked up significant business, by building more customer-friendly tools and services — more personalized, easier to access and usually competitively priced — than those typically provided by t

‘Pure’ nutritional supplements startup Feel closes $6.2M investment, led by Fuel Ventures

Earlier this year we covered the launch of Heights, a new supplements startup in an increasingly hot category. Feel is a year-old U.K. startup with another twist on this world: pure nutritional supplements. It's now closed a $6.2 million investment, led by Fuel Ventures, with participation from

Cusp Capital launches with a $361M fund for early-stage startups in Germany and Europe

In the past 10 years, an investment team led by Christian Winter, Jan Sessenhausen, Helmut Klawitter and Wilken Engelbracht worked principally with German family offices, investing in startups such as Klarna, Zalando and Delivery Hero that went on to be worth around €80 billion in total. Today th

Qapita, a developer of equity management software for startups, raises $5M led by MassMutual Ventures

"attachment_2140787" aria-describedby="" style="width: 1024px">Qapita's co-founders. Fom left to right: Vamsee Mohan, Ravi Ravulaparthi and Lakshman Gupta. Image Credits: Qapita Qapita, a Singapore-based fintech that provides capitalization table and employee stock ownership plans (ESOP) managem

Huawei says it’s not a carmaker — it wants to be the Bosch of China

One after another, Chinese tech giants have announced their plans for the auto space over the last few months. Some internet companies, like search engine provider Baidu, decided to recruit help from a traditional carmaker to produce cars. Xiaomi, which makes its own smartphones but has stressed fo

European e-scooter and micromobility startup Dott raises $85 million

Dott has raised a new $85 million Series B funding round — this round is a mix of equity and asset-backed debt financing. Belgium-based investment company Sofina is leading the investment. Dott is a micromobility startup that is better known for its colorful electric scooters that you can find ac

Singapore-based fintech STACS raises $3.6M to develop blockchain platforms for financial institutions

Singapore-based fintech Hashstacs Pte Ltd (STACS) announced today it has raised $3.6 million USD in pre-Series A funding. The company develops blockchain platforms that can work with financial institutions' existing infrastructure, and its core technology is also used in GreenSTACS for environm

Indonesian edtech CoLearn gets $10M Series A led by Alpha Wave Incubation and GSV Ventures

"attachment_2140769" aria-describedby="" style="width: 1024px">A Zoom screenshot with CoLearn’s founding team: Marc Irawan, Abhay Saboo and Sandeep Devaram Indonesian startup CoLearn started as a chain of physical tutoring centers and was in the process of shifting to a hybrid offline-online m

Payhawk raises $20M to unify corporate cards, payments and expenses

Fintech startup Payhawk has raised a $20 million funding round. QED Investors is leading the round with existing investor Earlybird Digital East also participating. Payhawk is building a unified system to manage all the money that is going in and out. Essentially, companies switching to Payhawk can