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Korean Startup Tera Funding Raises $9.3M

Tera Funding, a leading real estate P2P lending company in Korea, announced that it has secured KRW10bn (approx. US$9.3M) through its series A funding round from Woori Bank, Atinum Investment, SBI Investment and Premier Partners on 8 January 2018. This is the largest single series A investment for Korean P2P lending start-ups, and this comes as a… Read More »

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Melinda Gates backs startup fund run by women

Aspect Ventures, a venture capital fund set up by women, said it has won the backing of Melinda Gates, the wife of Microsoft founder and billionaire philanthropist, Bill Gates. Aspect Ventures – set up in 2014 by venture capitalists Theresia Gouw and Jennifer Fonstad – said late Tuesday that Gates was one of “several high-profile… Read More »

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Israeli Startup Raises Close to $5M

Israeli cybersecurity startup Cylus has raised a $4.7 million seed round to develop its platform for providing cybersecurity services to railway and metro systems. The funding came from Magma Venture Partners, Vertex Ventures, SBI Group and Zohar Zisapel. Israeli cybersecurity startup Cylus has raised a $4.7 million seed round to develop its platform for providing… Read More »

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Big Data startup Unravel gets $15 mn in Series B funding

Silicon Valley-based Big Data startup Unravel Data, which provides an application performance management platform, has secured $15 million  in a Series B funding round by GGV Capital. Microsoft Ventures and Menlo Ventures also participated in the funding round, Unravel Data said in a statement. The latest round takes the total funds raised by the firm,… Read More »

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Malaysian startup StoreHub lands $5.1 mln Series A

StoreHub, a Malaysian startup that helps retailers digitize their businesses, has raised $5.1 million in Series A funding round led by Vertex Venture. In addition to Vertex Ventures, which is part of the sovereign group of Singapore Temasek, Cradle Seed Ventures of Malaysia, Accord Ventures and Fintonia Group also participated in the financing round. The… Read More »

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Remote patient monitoring startup LindaCare raises $8.6M

Remote patient monitoring company LindaCare announced on Friday that they landed $8.6 million (€7 million) in Series B funding with participation by Philips, PMV, Capricorn ICT Arkiv, and Connecticut Innovations.  “This investment is a significant step for us, as it enables LindaCare to execute faster on our ambitious vision and strategy, and to take a… Read More »

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Snowflake Raises $263 million investment at $1.5 Billion Valuation

Snowflake, the cloud-based data warehouse service, announced an enormous investment round today, pulling in a whopping $263 million on a unicorn valuation of $1.5 billion. The round was led by a trio of big-name Silicon Valley VC firms including existing investors Iconiq Capital and Altimeter Capital and new investor Sequoia Capital. Today’s announcement comes on… Read More »

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Delivery startup Ninja Van raises $85 million

Southeast Asian delivery startup Ninja Van announced that it closed $85 million in its Series C funding. Joining the latest round is DPDgroup, a European parcel delivery firm which claims to deliver 4 million parcels a day. Its logistics expertise could come in handy in helping Ninja Van improve its services. “With this vote of… Read More »

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TeacherGaming raises $1.6M to put games into the classroom

TeacherGaming, a new startup from the team behind MinecraftEdu, a company that helped teachers use Minecraft in the classroom that was subsequently acquired by Microsoft, has picked up $1.6 million in seed funding. Leading the round is Makers Fund (a relatively new U.S. and U.K. VC firm specialising in gaming and deeptech), with participation from… Read More »

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