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Self-Driving Car Startup Optimus Ride Raises $18 Million

A self-driving auto technology company named Optimus Ride has secured a fresh $18 million in funding from a group of venture capitalists led by Greycroft Partners to immediately grow its vehicle fleet and make strategic hires. The startup, a spin-off from the Massachusetts Institute of Technology is designing a vehicle with Level 4 autonomous technology… Read More »

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Freshboxx Venture raises angel funding

Hubli-based fresh produce supply chain management startup Freshboxx Ventures has raised an undisclosed amount in an angel round led by Ashok Iron Works joint managing director Jayant Humbarwadi. Existing investor Ravi Linganuri, an entrepreneur-cum-angel investor, also participated in the round. Owned and operated by Freshboxx Services Pvt. Ltd, the startup was launched in December 2015… Read More »

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TransferWise announces $280M

TransferWise, the international money transfer company and one of Europe’s better-known unicorns, has announced $280 million in new investment today. The Series E round is led by asset management firm Old Mutual Global Investors, and Silicon Valley VC firm IVP, and I understand also includes some secondary share dealings, meaning that not all of the… Read More »

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CAA Launches Start-Up Studio With $12.5 Million In Funding

Creative Artists Agency has announced Creative Labs, a start-up studio focused on developing consumer-facing technology companies and next generation media and entertainment experiences The studio will be based in Vancouver, Canada, with Creative Labs’ CEO Mike Edwards overseeing a team of engineers, designers, and developers, “who have unique access to CAA’s expertise, resources, and relationships.”… Read More »

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Inaugural Oracle Startup Cloud Accelerator programme commences in Singapore

On Wednesday, Oracle  announced the inaugural class of startup participants officially commencing the six-month Oracle Startup Cloud Accelerator programme in Singapore. Selected from hundreds of applicants, the six startups in Singapore’s initial class were chosen from a highly competitive and diverse pool of startups. They are Arya.ai, FlexM, FOMO Pay, Hacker Trail, RL Club, and… Read More »

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Japan’s incubate fund backs fintech startup Olly

Japan’s Incubate Fund has invested an undisclosed amount in Delhi based startup Olly-Credit, a fintech startup that offers micro credit cards with a dynamic credit limit of upto Rs 20,000. This round of funding has also been contributed by Sandesh Kirkire, Former CEO of Kotak MahindraBSE 1.60 % Asset Management Company and Yogesh Chaudhary, Director,… Read More »

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GuestReady Raises $3 Million for Airbnb Rental Management

GuestReady, a Swiss PropTech startup in the urban short term rental management space, has closed $3 million in seed funding in order to expand its business to new markets. Currently operating in London, Paris, Hong Kong, Singapore, and Kuala Lumpur, the startup says it plans to utilize the fresh capital to reach 5 more cities… Read More »

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