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SaffronStays Raises $2 million in Pre-series A fund round

Micro-hospitality startup has raised about $2 million from venture capital firm Sixth Sense Ventures. The pre-series A investment will help SaffronStays expand the number of holiday properties under its platform. Founded in 2015 by Devendra and Tejas Parulekar, SaffronStays curates and manages hospitality operations, reservations, branding and marketing for private vacation homes owned by high… Read More »

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AmRest Holdings SE seeks to invest in Delivery Startup Glovo

According to unnamed sources, Polish restaurant group AmRest Holdings SE is looking to invest in Spanish startup Glovo. Glovo, which offers a ‘shop on your behalf’ app that promises to let you order anything locally on-demand and have it delivered “within minutes”, is seeking  to raise about 115 million euros ($135 million) The funding round… Read More »

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Who are The VC Firms Behind Billion-Dollar Crypto Startups

The number of crypto organizations achieving the “unicorn” status — privately held start-up companies possessing a current valuation of $1 billion USD or more — has been increasing steadily due to the  dramatic rise in value of crypto currency. There are currently over 27 fintech unicorns worldwide with crypto platforms such as Robinhood, Revolut, and… Read More »

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World Bank Report: High Rate of Palestinian Women Led Startups

  According to the report, twenty-three percent of Palestinians who founded tech companies in the West Bank and Gaza Strip are women, a figure that is almost twice the figure of cities like New York. Palestinian startup ecosystem has one of the highest rates of female entrepreneurs across analyzed ecosystems. This is according to a new World… Read More »

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Lady Gaga working on a new beauty startup

Singer, actress and restauranteur Lady Gaga is seeking to add another feather to her cap. The entertainer’s company, Ate My Heart Inc., is currently working on a new brand of cosmetics called “Haus Beauty.” Haus Beauty — which is currently in “stealth mode”  is being run by CEO Ben Jones, the former chief digital officer at Honest… Read More »

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Toyota AI Ventures looking to fund robotic startups

On wednesday,  Silicon Valley-based venture capital firm Toyota AI Ventures partnered with the Toyota Research Institute (TRI) to open a “call for innovation” with the goal of funding startups with good ideas on mobile manipulation technology for assistive robots. The initative offers promising startups the opportunity to secure $500,000-$2 million in venture capital funding from Toyota AI… Read More »

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Google and Uber invest $335 million in scooter startup Lime

Less than two weeks after Bird announced it had raised $300 million at $2 billion valuation, on monday, scooter rival Lime announced a new funding round of $335 million. The round was led by Alphabet’s tech investing group GV with participation from earlier Lime investors including Andreessen Horowitz and Singapore’s Sovereign Wealth Fund, and new investors Alphabet, IVP,… Read More »

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Startups duo seeks €19m in ICO for crypto exchange

Two Irish entrepreneurs Joe Haslam and Conor O’Connor are seeking up to €19m in an initial coin offering, ahead of the launch next month of Local Token Exchange (LTE), a decentralised cryptocurrency exchange they have founded that makes it easier for people to trade various types of the digital currencies. The pair, who are based… Read More »

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Food Tech startup HungerBox raises $4.5 Mn in Series A round

Indian-based food and beverage tech startup HungerBox has secured $4.5 million in a Series A round. The round was led by Neoplux and India’s home grown private equity fund Sabre Partners and saw participation from existing investors LionRock Capital and Infosys co-founder Kris Gopalakrishnan. Started in 2016, HungerBox is a full-fledged food tech startup that mainly… Read More »

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