Month: February 2020

Middle East healthcare platform Vezeeta raises $40M Series D led by Gulf Capital

Vezeeta, a healthcare platform operating in the Middle East and Africa, has raised a $40 Million Series D funding round led by UAE-based Gulf Capital, alongside further investment from existing Riyadh-based investor Saudi Technology Ventures (STV), which previously led Vezeeta’s Series C round in September 2018. Vezeeta’s other investors include…

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MoEngage lands $25M for its mobile-first customer engagement platform

MoEngage, a San Francisco and Bangalore-based startup that helps firms better understand their customers and improve their engagement, has raised $25 million in a new financing round as it looks to grow its network in Asian markets. The new financing round, Series C, was led by Eight Roads Ventures .…

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Vivo Apex 2020 launch delayed as company is latest to pull out of MWC 2020

Chinese smartphone brand Vivo had previously confirmed that it would be introducing a new device called the Vivo Apex 2020 at MWC this year, but it has now had to delay the launch thanks to the coronavirus. According to a statement sent to TechRadar, the company has “decided to withdraw…

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Oxx, a new European VC dedicated to SaaS, raises $133M fund

Oxx, a relatively new European venture capital firm founded by Richard Anton and Mikael Johnsson, has raised $133 million to back “Europe’s most promising SaaS companies” at Series A and beyond. Headquartered in London and Stockholm, the VC is pitching itself as a dedicated SaaS-focussed fund, and will invest broadly…

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Judge rejects Uber and Postmates’ request for an injunction against California’s gig worker law

A U.S District court judge has rejected Uber and Postmates’ request for a preliminary injunction against a California bill mandating how independent contractors are classified. The request was made as part of lawsuit filed by the companies, along with two ride-sharing drivers, at the end of December. The lawsuit is…

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Revolut uses ‘open banking’ to let you aggregate other bank account data within its app

Revolut, the European banking and money transfer app that now claims over 10 million customers, has partnered with open banking API provider TrueLayer to add bank account aggregation features to its app. The new functionality means that Revolut’s U.K. customers — both consumer and business — can now connect their…

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