Category: Funding
Facebook and PayPal invest in Southeast Asian ride-hailing giant GoJek
Facebook and PayPal have made investments in GoJek, joining Google and Tencent among other high-profile technology companies that have backed the five-year-old Southeast Asian ride-hailing firm that has expanded to food delivery and mobile payments in recent years. Facebook, for which it is the first investment in an Indonesia-based firm,…
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12 top cybersecurity VCs discuss investing, valuations and no-go zones
Cybersecurity is by far the most important area in any industry. Without it, we would be in hacker open season. But cybersecurity is difficult to get right. One wrong move and you can leave the door open for data breaches, ransomware, and nation state-backed espionage. That’s why there’s such an…
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India’s richest man built a telecom operator everyone wants a piece of
Reliance Jio Platforms secured $10.3 billion in recent weeks from Facebook and others Manish Singh 7 hours As investors’ appetites sour in the midst of a pandemic, a three-and-a-half-year-old Indian firm has secured $10.3 billion in a month from Facebook and four U.S.-headquartered private equity firms. The major deals for…
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Bonusly, the platform for employee recognition, raises $9 million Series A
Bonusly, a platform that involves the entire organization in recognizing employees and rewarding them, closed on a $9 million Series A financing round led by Access Venture Partners. Next Frontier Capital, Operator Partners, and existing investor FirstMark Capital also participated in the round. Bonusly launched in 2013 when cofounder and…
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Singapore’s micromobility startup Beam raises $26 million
Beam, a Singapore-headquartered micromobility firm that offers shared e-scooters, has raised $26 million in a new financing round as it looks to expand its footprint in Korea, Australia, Malaysia, New Zealand, and Taiwan. Sequoia India and Hana Ventures led the two-and-a-half-year-old startup’s Series A financing round, while several more investors…
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BeeHero smartens up hives to provide ‘pollination as a service’ with $4M seed round
Vast monoculture farms outstripped the ability of bee populations to pollinate them naturally long ago, but the techniques that have arisen to fill that gap are neither precise nor modern. Israeli startup BeeHero aims to change that by treating hives both as living things and IoT devices, tracking health and…
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