Category: Funding
Divvy Homes secures $110M Series C to help renters become homeowners
Despite all the headaches that come with it, homeownership is still the American dream for many. Divvy Homes – a startup that is out to help more people realize that dream by buying a house and renting it back to them while they build equity – has just closed on…
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Firehawk Aerospace extends seed funding to $2.5 million with $1.2 million from Harlow Capital
Rocket fuel technology startup Firehawk Aerospace has added $1.2 million to its existing seed financing, bringing the full amount invested in the round to $2.5 million. The new tranche comes from Harlow Capital Management, a Dallas-based firm run by Colby Harlow, who will join Firehawk’s board of directors as part…
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Hong Kong startup ICW eyes supply chain diversification demand amid trade war
For American importers, finding suppliers these days can be challenging not only due to COVID-19 travel restrictions. The U.S. government’s entity list designations, human rights-related sanctions, among other trade blacklists targeting Chinese firms have also rattled U.S. supply chains. One young company called International Compliance Workshop, or ICW, is determined…
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SoftBank-backed travel platform Klook raises $200M amid COVID-19
Klook, the Hong Kong-based travel activities platform backed by SoftBank Vision Fund, announced the closure of $200 million in funding for its Series E round, lifting the startup’s total capital raised to date to $720 million. Aspex Management, an investment fund focused on Asia Pacific led the round, alongside existing…
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Melio raises $110M on a $1.3B valuation to bring B2B payments for SMBs into the 21st century
Payments for consumers have made a huge shift to the online world in the last year, a time when they have moved more of their purchasing to the internet to minimize in-person transactions in the midst of a virus-based health pandemic. Today, a startup that has built a similar kind…
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How fintech and serial founders drove African pre-seed investing to new heights in 2020
When Stripe-subsidiary Paystack raised its seed round of $1.3 million in 2016, it was one of the largest disclosed rounds at that stage in Nigeria. At the time, seven-figure seed investments in African startups were a rarity. But over the years, those same seed-stage rounds have become more common, with…
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