Wagely founders (from left to right): Tobias Fischer, Sasanadi Ruka and Kevin Hausburg Earning Income (EWA) platforms, which allow workers to withdraw their earnings on demand, rather than waiting for payday, are on the rise around the world. Today, Indonesian EWA startup Lohnly announced that it has raised $ 5.6 million in strategic funding, led … Read more
Click to enlarge: Icons on a map represent the places where Factal, based in Seattle, reported relevant incidents worldwide within 24 hours from February 3rd to 4th, 2021. (Factal image) New funding: Factal, the Seattle-based startup that monitors breaking news to help companies assess risk to their business, raised $ 3.3 million in a Series … Read more
Home Services Market Urban Company announced Wednesday that it has raised $ 255 million in a new round of funding and confirmed a valuation of $ 2.1 billion. The new round of funding – a Series F – was led by Prosus Ventures, Dragoneer and Wellington Management, while Vy Capital, Tiger Global and Steadview participated. … Read more
Jai Kisan, an Indian startup trying to bring financial services to rural India, where commercial banks have single-digit penetration, said Monday it had raised $ 30 million in a new round of funding to help scale its business. Hundreds of millions of people in India now live in rural areas. Most of them have no … Read more
Airspace Link today announces that it has raised $ 10 million in Series A from Altos Ventures, Thales, and others. The Detroit, Michigan-based startup expects to use the additional funds to expand its domestic offering and expand overseas. CEO Michael Healander explains to TechCrunch that the company sees airspaces as digital infrastructure with no critical … Read more
The STARgraft vascular graft from Healionics acts as an artificial blood vessel for dialysis patients. (Healionics Photo) New financing: Seattle-based medical device company Healionics raised a $ 4.7 million round in a round led by Keiretsu Capital to help commercialize its STARgraft artificial blood vessel for patients undergoing dialysis treatment. Patients with kidney failure may … Read more
The Madrona Venture Labs team, clockwise from left: Flora Ku, Keith Rosema, Maria Hess, Henry Huang, Mike Fridgen, Jay Bartot, Jason Flateboe. (Madrona Venture Labs photo) The news: Madrona Venture Labs, the startup studio affiliated with Madrona Venture Group, has raised $ 8 million for its fourth fund. The Seattle-based studio also unveiled a new … Read more
The circular economy, in which consumers themselves are both providers and buyers of goods and services, has emerged as a popular and trusted way of buying and selling things over the last year of the lockdown life. Now one of the bigger players in this system – the clothing and homeware marketplace Vinted – is … Read more
Israeli security startup Cycode, which specializes in helping companies secure their DevOps pipelines and prevent code tampering, announced today that it has received a Series A funding round of Has launched $ 20 million. Seed investor YL Ventures also participated in this round, bringing the company’s total funding to $ 24.6 million. In its beginnings, … Read more
Jesse Salk, CEO and Co-Founder of TwinStrand Biosciences. (TwinStrand photo) New financing: Gene sequencing startup TwinStrand Biosciences raised $ 50 million in a Series B round led by Section 32, a California-based fund focused on biotechnology, technology, healthcare and life sciences. All venture capital funding for the 6-year-old company is now north of $ 70 … Read more