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Grab raises up to $856M to boost payments business as rumors swirl of a merger with rival Gojek

Southeast Asian on-demand transport rivals Grab and Gojek deny that they are involved in talks to merge, but today Grab announced a piece of news that — at the very least — will divert attention from that story, or more likely stoke the fires of...
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February 25, 2020 albert Tech News No Comment

Japanese vacation rental management startup H2O raises $7 million Series B from investors including Samsung Ventures

Japan’s tourism industry is booming, but it faces a hotel room shortage, especially in Tokyo as it prepares for the Summer Olympics. H2O addresses the market opportunity with a platform that helps vacation rental owners manage their properties. The startup announced today it has raised...
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February 3, 2020 albert Tech News No Comment

Chinese EV startup Xpeng Motors raises $400 million, takes on Xiaomi as strategic investor

Xpeng Motors, the Chinese electric vehicle startup backed by Alibaba and Foxconn, has raised a fresh injection of $ 400 million in capital and has taken on Xiaomi as a strategic investor, the company announced. The Series C includes an unidentified group of strategic and...
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November 13, 2019 albert Tech News No Comment

Balderton Capital raises new $400M fund to back European tech startups at Series A

Balderton Capital, one of the so-called “big four” early-stage VC firms in London (the others being Accel, Atomico and Index), has raised a new $ 400 million fund to continue backing European tech startups at Series A. Dealroom recently released a report that pegged Balderton...
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November 12, 2019 albert Tech News No Comment

Los Angeles-based BuildOps, subcontracting software for real estate, raises $5.8 million

Software development companies tackling services for niche industries, like commercial real estate subcontracting, continue to find Los Angeles to be fertile ground for development. The latest company to raise funding from a clutch of investors is BuildOps, which raised $ 5.8 million in seed financing...
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November 2, 2019 albert Tech News No Comment

Muy raises $15M to grow its new cloud kitchen concept

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The cloud kitchen craze has reached Latin America. Food tech startup called Muy landed a fresh $ 15 million Series B to expand into Mexico and soon Brazil. The service is currently operative in Colombia.  Muy is a “cloud kitchen meets Chipotle,” says one investor....
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October 30, 2019 albert Tech News No Comment

As it readies a test for vaping additives, cannabis testing company Cannalysis raises $22.6 million

Cannalysis, a testing company for cannabis, has raised $ 22.6 million in a new round of financing as it prepares to bring a new test for vaping additives to the market. The test, which the company is preparing to unveil later this week, will test...
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September 19, 2019 albert Tech News No Comment

Patreon raises $60M Series D, targets international growth and more customization

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Patreon, the San Francisco-based platform that helps over 100,000 online content creators manage paid membership communities for their most dedicated fans, has raised $ 60 million in Series D funding. Glade Brook Capital, a late-stage fund based in Greenwich, Connecticut, led this round with participation...
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July 16, 2019 albert Tech News No Comment

India’s Rivigo raises $65M to expand its freight and logistics platform

Rivigo, a tech startup in India that wants to build a more reliable and safer logistics network, has raised $ 65 million as major investors continue to place big bet on opportunities in overhauling trucking system in the country. The Series E round, which has...
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July 11, 2019 albert Tech News No Comment

Darkstore raises $7.5 million Series A round for its same-day fulfillment center

Darkstore, a technology-driven fulfillment solution for companies like Nike and others, has raised a $ 7.5 million Series A round. With the additional funding in hand, Darkstore plans to expand its fulfillment center into more categories. Currently, Darkstore fulfills products for brands in the areas...
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January 29, 2019 albert Tech News No Comment
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