Ghana’s Redbird raises $1.5M seed to expand access to rapid medical testing in sub-Saharan Africa

For patients and healthcare professionals to properly track and manage illnesses, especially chronic ones, healthcare needs to be decentralized. It also needs to be more convenient, with a patient's health information able to follow them wherever they go. Redbird, a Ghanaian health tech startup

ServiceNow takes RPA plunge by acquiring India-based startup Intellibot

ServiceNow became the latest company to take the robotic process automation (RPA) plunge when it announced it was acquiring Intellibot, an RPA startup based in Hyderabad, India. The companies did not reveal the purchase price. The purchase comes at a time where companies are looking to automate wor

Orca Security raises $210M Series C at a unicorn valuation

Orca Security, an Israeli cybersecurity startup that offers an agent-less security platform for protecting cloud-based assets, today announced that it has raised a $210 million Series C round at a $1.2 billion valuation. The round was led by Alphabet’s independent growth fund CapitalG and Red

D2C furniture startup Tylko closes $26M Series C growth round led by Pitango and Evli

Polish startup Tylko, a modular furniture company that employs augmented reality as part of its sales cycle, has closed a €22 million ($26 million) investment Series C funding round, led by Israel-based Pitango Growth and Finnish Evli Growth Partners, following previous investors TDJ Pitango and

Real estate platform Loft raises $425M at a $2.2B valuation in one of Brazil’s largest venture rounds

"speakable-summary" dir="ltr">Buying and selling residential real estate is a complex business, no matter where you live. A slew of startups in the United States are focused on streamlining that process for people. But in Brazil, where no MLS exists, the challenge of digitizing real estate is even g

Insuretech startup Counterpart raises $10M in funding round led by Valor Equity Partners

Insuretech startup Counterpart, has raised $10 million in funding led by Valor Equity Partners. Also participating was Susa Ventures and Felicis Ventures. Counterpart works in the “management liability” insurance market. Counterpart will also partner with Markel Specialty, a specialty i

Jumio raises $150M as its all-in-one ID authentication platform crosses 300M verified identities

Digital identity services — used as a key link between organizations to verify that you are who you say you are online and individuals logging into those services — have come into their own in this past year. Now, one of the companies providing digital identity products is announcing a

Jeff raises $1M to build alternative credit scoring and other fintech products for Southeast Asia

According to the World Bank, more than one billion people in South and East Asia lack access to a bank account. For many, this makes it difficult to secure loans and other services because they don't have traditional financial records like a credit score. Jeff's loan brokerage platform was

Afriex raises $1.2M seed to scale its payments and remittances platform across Africa

Sending money from the U.S. to Nigeria can be a painstaking process. For remittance platforms like Western Union, it will cost a transfer fee and take between one to five business days for money sent from a U.S. debit card to enter a Nigerian bank account.  Crypto remittance platforms are rising t

Crypto social network BitClout arrives with a bevy of high-profile investors — and skeptics

While much of the recent wave of relentless hype around NFTs — or non-fungible tokens — has been most visibly manifested in high-dollar art auctions or digital trading cards sales, there’s also been a relentless string of chatter among bullish investors who see a future that ties

China to ban apps from collecting excessive user data starting May 1

Starting May 1, apps in China can no longer force users into providing excessive personal data, according to a document jointly released by a group of the country’s top regulators (the Cyberspace Administration, the Ministry of Industry and Information Technology, the Ministry of Public Secur

Tencent Music now has joint labels with all ‘big three’ record labels

The music streaming arm of Tencent is further tightening its ties with the “big three” record label companies, its major licensing partners. Tencent Music Entertainment announced Tuesday that it has formed a new joint label with Warner Music Group, following similar deals with Universal

Indian beauty e-commerce Purplle raises $45 million

Purplle, an e-commerce platform for beauty products in India, said on Monday it has raised $45 million in a new financing round as it looks to expand its presence in the world's second-largest internet market. The new round, a Series D, was financed by Sequoia Capital India and existing investo

Do we need so many virtual HQ platforms?

Teamflow, founded by ex-Uber manager Flo Crivello, has raised an $11 million Series A just three months after raising a $3.9 million seed for its virtual HQ platform. The latest round in the startup was led by Battery Ventures, with Menlo Ventures leading its previous financing event. Teamflow'