Tomorrow hundreds of people will meet in Berlin for #unit Festival, the ‘world’s first queer tech conference’. The event, run by local group Unicorns in Tech, will welcome over 70 speakers to…
Ele.me Raises $1.25bn
Ele.me, a Chinese food delivery service, has raised $1.25 billion from Alibaba Group and its Internet finance arm Ant Financial. Alibaba has invested $900 million, while $350 million comes from Ant Financial.…
Testlio Wins $6.25m Funding Round to Push Multiplatform
Mobile app testing company Testlio has raised $6.25 million in Series A funding from two of Silicon Valley’s largest venture capital funds. The Estonian company, which is also present in San Francisco,…
Oyo Rooms Raises $100m – Report
Oyo Rooms, an Indian on-demand hotel booking service, has raised $100 million in funding, Hindustan Times reports. Softbank led the round, with participation from Sequoia Capital, Lightspeed Venture Partners, Greenoaks Capital, DSG…
Luxe Secures $50m Series B Round
Luxe, a provider of on-demand valet parking and car services, has raise a $50 million Series B investment round. Hertz Global Holdings led the round, with participation from existing investors Redpoint Ventures…
Intercom Grabs $50m Funding Round
Customer communication platform Intercom has raised $50 million, bringing the company’s total funding to $116 million. Index Ventures led the round, with participation from previous backers ICONIQ Capital, Bessemer Venture Partners and…
Bright Health Grabs $80m in Series A Funding
Health insurance startup Bright Health has secured $80 million in Series A funding led by Bessemer Venture Partners and New Enterprise Associates. Flare Capital Partners and others also participated in the funding…
Red Herring Top 100 Europe: 2016 Shortlist Unveiled
Red Herring has announced the finalists for its Top 100 Europe event to be held in Amsterdam next week. The list includes companies from all over Europe, covering a wide range of…
AIG Raises Another $85m
Africa Internet Group, an e-commerce platform and parent company of Jumia, has raised $85 million in new funding from telecoms company Orange. Last month AIG raised $326 million at a valuation exceeding…
Juicero Secures $70m Series B Funding Round
Juicero, a smart juicer maker, has raised $70 million in Series B funding led by Artis Ventures. Google Ventures and Kleiner Perkins Caufield & Byers also participated. Juicero’s flagship product is a…