Yamaha Motor Ventures, a Silicon Valley-based investment arm of the Japanese multinational, has led a $7.1 million initial funding round for The Yield, an Australian agriculture-technology startup focusing on providing data for…
London’s TransFICC Wins $7.1m Series A Round
British fintech startup TransFICC has raised a £5.75 million ($7.14m) Series A funding round, as it aims to extend market coverage for its e-trading API solution. The round was led by AlbionVC,…
Berlin Blockchain Startup Gapless Wins $6m Round
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…
India’s VC Investment Plummets, as Country Grapples with COVID
Venture capital investments in India have dropped to $2.2 billion in the first quarter of 2020—down from $6bn the previous quarter—as the country’s tech industry struggles with a downturn in capital risk…
AI Platform Codota Wins $12m Series A Round
Israeli AI firm Codota has raised $12 million in Series A funding, which will help the startup expand its suite of software-building solutions. The round, led by San Francisco’s e.ventures with participation…
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…
UK Startups to Government: Bail Us Out or Risk Future
A dozen of the UK’s leading startup founders have written an open letter to the country’s chancellor, Rishi Sunak, pleading for changes to Downing Street’s COVID-19 business relief packages. The letter, released…
Swedish Logistics Startup Instabox Wins $39m Finance Round
Swedish logistics outfit Instabox has secured a €36 million ($39m) financing round, as it looks beyond its Scandinavian home market. The company, founded five years ago by Alexis Prifitis, Johan Lundin and…
RTP Global Launches $650m Early-stage Fund
Russian investment firm RTP Global has announced a $650 million early-stage fund – its biggest to date by far. The Moscow-headquartered company will plough its cash into startups in Europe, North America,…
Airbnb’s Losses Arrive Just in Time for IPO
In the first nine months of 2019, Airbnb posted a loss of $322 million, according to the Wall Street Journal, and the timing could hardly be worse. In the same period in…