Deutsche Bank is in talks to sell one of its major technology units to Tata Consultancy Services Ltd, a Mumbai-based conglomerate, according to a report by Bloomberg. Postbank Systems AG, a Bonn-based…
Financing Startup Wayflyer Wins $10.2m Seed Funding
Wayflyer, a startup that connects e-commerce platforms with funding, is the recipient of a $10.2 million seed round. The backing, led by Washington, DC-based QED Investors, will help Wayflyer scale its product…
China Approves Ant Group’s Potentially Massive IPO
China’s securities regulator has approved fintech company Ant Group’s IPO – and paved the way for what will likely be the world’s biggest-ever listing. Ant, backed by current title-holder Alibaba, will seek…
SoftBank Leads $140m Funding in FarmTech Firm Plenty
Californian agricultural startup Plenty has won a $140 million Series D funding round, as it continues to scale out its vertical farming solution. The San Francisco-based company won the injection from Japan’s…
German Code Startup Gitpod Secures $3m Funding
German startup Gitpod, a devtool popular with some of the world’s most successful tech teams, has raised a $3 million seed funding round, and will natively integrate with San Francisco’s GitLab. The…
UK’s Kindred Capital Closes $105m Fund
London-based VC outfit Kindred Capital has closed a second fund for £81 million ($105m). It is a small increase on Kindred’s first fund, which closed in 2018 and has invested in 29…
SoftBank Value Plummets on Shaky Tech Deals
Japanese giant SoftBank has seen its share price fall sharply today, due to its exposure to continued US-tech selloffs. The company opened trading on Monday 2.6% down, and ended it with a…
SQream Closes $40m Funding Round
Data analytics platform SQream has closed a $39.4 million Series B funding round, as it bids to improve its talent base, and expand its technology and cloud innovation. The round was led…
Munich’s Kaia Health Wins $26m Series B Round
Kaia Health, a German startup claiming to “change how digital therapy is designed, deployed and experienced” has secured a $26 million Series B funding round, as it scales up attempts to manage…
Fintech Platform Meniga Wins $9.4m Round
Iceland-born finance startup Meniga has closed an €8.5 million ($9.4m) funding round, as it researches additions to its current suite of digital banking solutions. The company, headquartered in London, has now raised…