raises

Revenue-based financing startup Jenfi raises $6.3M to focus on high-growth Southeast Asian companies – TechCrunch

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Revenue-based financing startup Jenfi raises $6.3M to focus on high-growth Southeast Asian companies – TechCrunch

Many Southeast Asian digital companies encounter early-stage obstacles when looking for growth finance. They may not want to sell equity in their business, but they often struggle to secure working capital loans from traditional financial institutions. This is where Singapore-based Jenfi comes in, offering revenue-based funding of up to $ 500,000 with flexible repayment plans … Read more

Indian bike taxi service Rapido raises $52 million – TechCrunch

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Indian bike taxi service Rapido raises $52 million – TechCrunch

Rapido, a bicycle taxi aggregator in India, announced Monday that it has raised $ 52 million in a new round of funding as the six-year-old startup seeks space in an Ola and Uber-dominated category in the South Asian market. The six-year-old startup’s new funding – Series C – was funded by Shell Ventures, Yamaha, Kunal … Read more

Motivo raises $12M Series A to speed up chip design with AI – TechCrunch

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Motivo raises $12M Series A to speed up chip design with AI – TechCrunch

Chip design is a long trial and error process that takes years to get a design to market. Motivo, a five-year-old chip industry veteran startup, is developing software to accelerate chip design with AI from years to months. Today the company announced a $ 12 million Series A. Intel Capital led the round together with … Read more

Mentoring software maker Chronus raises $78M as hybrid workforce and DEI needs drive demand

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Mentoring software maker Chronus raises $78M as hybrid workforce and DEI needs drive demand

Seena Mortzavi, CEO of Chronus. (Chronus photo) Chronus, the Bellevue, Washington-based maker of mentoring software, announced on Wednesday a new $ 78 million funding. Chronus offers digital tools that support companies in implementing employee development programs for mentoring and coaching. The strong new investment comes from Level Equity from New York and San Francisco. Demand … Read more

Planted raises another $18M to expand its growing plant-based meat empire (and add schnitzel) – TechCrunch

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Planted raises another $18M to expand its growing plant-based meat empire (and add schnitzel) – TechCrunch

The Swiss alternative protein company Planted has its second round of the year worth 17 million CHF (currently around 18.5 million CHF Try the schnitzel. Planted appeared in 2019 as a spin-off from the Swiss research university ETH Zurich, where the founders developed the original technique of extruding vegetable proteins and water into fibrous structures … Read more

Smart-home device maker Wyze raises $110M as it plans to inject AI heavily into camera products

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Smart-home device maker Wyze raises $110M as it plans to inject AI heavily into camera products

The Wyze Cam Outdoor from Wyze Labs. (Wyze photo) Smart home device maker Wyze Labs raised $ 110 million in new funds on Friday, according to GeekWire, reflecting the Kirkland, Washington, U.S.-based company’s plans to improve its existing line of products and bring even more to market bring forward. Wyze has launched more than 30 … Read more

Amazon-backed Indian D2C beauty brand MyGlamm raises $71 million – TechCrunch

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Amazon-backed Indian D2C beauty brand MyGlamm raises $71 million – TechCrunch

MyGlamm, a direct-to-consumer beauty brand in India that sells most of its products through its own website, app, and retail touchpoints, announced Monday that it had raised $ 71.3 million in a round of funding has as the Mumbai-based company plans to scale its business in the South Asian market. The startup raised $ 23.5 … Read more

Soldo raises $180M for its business expense management platform – TechCrunch

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Soldo raises $180M for its business expense management platform – TechCrunch

Expense management has long been a problem for employees and accounting departments: for many, tracking and analyzing money spending on behalf of a company is just too bogged down in legacy software that is ill-equipped for more modern needs. Today a UK startup developing solutions to bring the process into the 21st century announced a … Read more

Seattle-based Shape Therapeutics raises $112M to develop RNA-editing and gene therapies

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Seattle-based Shape Therapeutics raises $112M to develop RNA-editing and gene therapies

Shape CEO Francois Vigneault. (Shape photo) Shape Therapeutics, a Seattle preclinical biotech company developing RNA editing and gene therapy technologies, has raised $ 112 million. The company’s RNA editing technologies come from the laboratory of co-founder Prashant Mali, a bio-engineer at the University of California, San Diego, who sits on Shape’s scientific advisory board. Shape … Read more