Gapless, a Berlin-based blockchain startup, has received €5.5 million ($6m) seed financing round, led by a top blockchain developer’s investment vehicle. The FinLab EOS VC Fund, a joint project from FinLab and…
Convosight Raises $4m from Sequoia Accelerator, Others
Indian community management startup Convosight has closed a $4 million pre-Series A funding round from Sequoia Capital’s accelerator Surge and IvyCap Ventures. The round will allow Convosight, which leverages data analytics and…
Toyota Revs Up Flying Car Plans with $394m Joby Funding
Japanese automaker Toyota has invested $394 million in Joby, a Californian startup specializing in flying taxis. The 11-year-old tech firm, which boldly markets itself as an air-transportation-as-a-service, adds Toyota’s cash to a…
Israeli Tech Firms Pull in Record Funding in 2019
Israeli tech firms received $8.3 billion in venture capital last year, crowning a record-breaking decade for the digital nation. The figure, which represents a 30% increase on 2018’s $6.4bn, and caps the…
Belgian VC Volta Ventures Announces €35m Early-Stage Investment
Belgian venture capital firm Volta Ventures has announced a €35 million ($39m) second fund, which it will invest in early-stage and high-growth businesses in the Benelux (Belgium, the Netherlands and Luxembourg) region…
FintechOS Wins $14m Funding to Continue Disrupting Banking Industry
Finance technology firm FintechOS has secured a $14 million Series A funding round to expand its suite of digital solutions. The London-based company, founded in 2017, will use the cash to continue…
Canadian VC Portag3 Ventures Closes $320m Fintech Fund Round
Canadian investment vehicle Portag3 Ventures has closed its second funding round, which will focus on the fintech market. The fund, which has closed at a value of $320 million, will specify in…
Under the Hood of SoftBank’s $5 Billion Latin American Fund
SoftBank isn’t a company that shies from controversy. Its $9.5 billion rescue deal for WeWork caused major concern—especially given former CEO Adam Neumann’s $1.7bn payout, and operating losses totaling $1.25bn. So shaky…
AI Translator Unbabel Wins $60m Series C Funding Round
Unbabel, a Lisbon-headquartered “translation-as-a-service” platform that uses artificial intelligence and human translations, has won a $60 million Series C funding round that brings its total backing above $90m. The Portuguese firm, founded…
Scooter Investment Continues Despite Challenges
It’s difficult to walk around most major cities without seeing at least one rented scooter fly past, and investors are still keen to pump money into the startups behind the craze. But…