Tag: Funding
India’s Swiggy raises $113M led by Prosus
Weeks after Zomato acquired Uber’s food delivery business in India, its chief local rival is bulking up some ammunition of its own. Swiggy, India’s largest food delivery startup, announced on Wednesday it has raised $113 million as part of its Series I financing round. Prosus Ventures, the biggest venture capital…
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ForgePoint raises a massive new $450M fund for early stage cybersecurity startups
ForgePoint Capital has formally announced its new $450 million fund, which it says is the largest fund dedicated to early stage cybersecurity and privacy startups. The fund, the firm’s second — which it aptly named Fund II — will invest in both early stage and a number of other growth-focused…
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Ordway lands $10M Series A to bridge gap between sales and finance
Ordway, a Washington, DC startup, is building a platform to deal with all of the stuff that happens after you make sale. It starts with the order and goes all the way to revenue, however that revenue manifests itself — as a one time payment or a recurring subscription. Today…
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Facebook backs Indian education startup Unacademy
Unacademy, one of India’s fastest growing education startups, has just received the backing of a major technology giant: Facebook. The social juggernaut has participated in the four-year-old Indian startup’s Series E financing round, sources familiar with the matter told TechCrunch. General Atlantic is leading the round, the size of which…
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Secret’s founder returns with anti-loneliness app Ikaria
“I don’t feel good about that. That sucks” Chrys Bader-Wechseler reflects when asked about the bullying that went down on the anonymous app Secret he co-founded in 2013. After $35 million raised, 15 million users, and a spectacular flame out two years later, the startup was dead. “Since I left…
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Atomico raises new $820M fund to back ‘mission-driven’ European founders at Series A and beyond
Atomico, the European venture capital firm founded by Skype’s Niklas Zennström, has announced that it has closed its fifth fund — “Atomico V” — giving it another $820 million to invest in European startups. The London-headquartered VC firm’s previous fund closed at $765 million, so this is an increase over…
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