Minu, a Mexico City-based, pay-on-demand startup, lands a $14M Series A
Many of the startups raising capital in Mexico are focused on financial inclusion, aiming to level the playing field in a country that is largely unbanked and has a burgeoning middle class.
One such company, minu, a Mexico City-based, pay-on-demand startup, announced Wednesday that it has raised $1
Oscar Health prices IPO at $39 and secures a $9.5B valuation
Late last night Oscar Health, a tech-enabled medical insurance provider, priced its IPO at $39 per share. The final price came in $1 per share above its raised IPO guidance; Oscar Health had originally targeted a $32-$34 per-share IPO price.
Some 37,041,026 shares were sold at $39, including 36,391
Identiq, a privacy-friendly fraud prevention startup, secures $47M at Series A
Israeli fraud prevention startup Identiq has raised $47 million at Series A as the company eyes international growth, driven in large part by the spike in online spending during the pandemic.
The round was led by Insight Partners and Entrée Capital, with participation from Amdocs, Sony Innovation
Zynga acquires Echtra, maker of Torchlight 3, to double down on RPG games
Games company Zynga has been on an acquisition tear the last several years to beef up its activity, in particular in mobile and casual-puzzle games, spending over $3 billion to pick up a range of startups across Europe (specifically Turkey and Finland) in the process. Today, however, it’s tak
Netflix to release 41 original Indian shows and movies this year
Netflix said on Wednesday it will roll out 41 Indian films and shows this year, its biggest annual roster of Indian content to date, as the American giant makes a further push to win subscribers in the world's second-largest internet market.
The streaming giant, which committed to spending abou
Firms backed by Robert Downey Jr. and Bill Gates have funded an electric motor company that slashes energy consumption
Sometimes the smallest innovations can have the biggest impacts on the world’s efforts to stop global climate change. Arguably, one of the biggest contributors in the fight against climate change to date has been the switch to the humble LED light, which has slashed hundreds of millions of to
Dooly closes on $20M for AI-based tools to help salespeople with their busywork
Robotic process automation has taken the enterprise world by storm by providing a set of tools for those doing repetitive, volume-based tasks to use software to remove some of that labor to let those people focus on more complicated tasks. Today a startup that’s taken some of that ethos and i
Flextock is a YC-backed e-commerce fulfillment provider for Africa and the Middle East
When merchants launch their e-commerce businesses, they can easily manage the end-to-end operations in the early stages. But as they begin to grow, managing their own operations, from warehousing and logistics to delivery and cash collection, can become difficult. This can prevent them from scalin
China’s cosmetics startup Yatsen to buy 35-year-old skincare brand Eve Lom
In China’s cosmetics world, where foreign brands were historically revered, indigenous startups are increasingly winning over Gen Z consumers with cheaper, more localized options. One of the rising stars is the direct-to-consumer brand Perfect Diary, which is owned by five-year-old startup Ya
‘Flying taxi’ startup Volocopter picks up another $241M, says service is now two years out
In a year where mass transit on airplanes, trains and buses has had lower traveler numbers in the wake of the COVID-19 pandemic, one of the startups hoping to pioneer a totally new approach to getting individuals from A to B — flying taxis — has raised some significant funding.
Volocopt
Indonesian supply chain startup Advotics raises $2.75M led by East Ventures
The rapid growth of e-commerce in Indonesia, especially during the pandemic, is placing increasing demands on its supply chain infrastructure. But the country’s logistics industry is highly fragmented, with companies usually relying on multiple distributors for one shipment, and many warehous
Atomic just raised $260 million more to build and fund its own companies
Jack Abraham has a lot of confidence in what he’s building. Then again, you can’t be immodest or unsure of yourself if you’re going to bet exclusively on your own startups as an investor, which is precisely the model that Abraham’s San Francisco-based venture studio, Atomic,
Sequoia Capital India's Surge invests $2M in sales engagement platform Outplay
"attachment_2119464" aria-describedby="" style="width: 1024px">Outplay’s team members on a video call
Sales engagement platforms (SEP) help sales teams automate and track the large number of tasks they need to do each day as they contact leads and home in on potential deals. Focused on small-t
Facebook can save itself by becoming a B Corporation
As Facebook confronts outrage among its employees and the public for mishandling multiple decisions about its role in shaping public discourse, it is becoming clear that it cannot solve its conundrums without a major change in its business model. And a new model is readily available: for-benefit st