Tag: Startups

Social gaming platform Rec Room scores $20 million Series C

Against Gravity, the startup behind the social gaming platform Rec Room, has scored some new funding as it brings its once VR-centric platform to every major gaming platform out there. The startup has closed a $20 million Series C led by Madrona Venture Group . Existing investors, including First Round…

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Perigee snares $1.5M seed to secure HVAC and other infrastructure

It’s been an eventful fall for Perigee CEO and founder Mollie Breen. The former NSA employee participated in the TechCrunch Disrupt Startup Battlefield in September, and she just closed her first seed round on Thanksgiving, giving her a $1.5 million runway to begin building the company. Outsiders Fund led the…

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GoCardless raises another $95M as it bets on open banking alongside its recurring payments network

GoCardless, the London fintech that aims to become the one-stop shop globally for businesses that want to let customers pay via recurring bank payments, has raised $95 million in Series F funding. According to The Telegraph newspaper, this gives the company much coveted unicorn status. However, I understand the round…

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Waresix acquires Trukita to connect more of Indonesia’s fragmented logistics chain

Andree Susanto, CEO and co-founder of Waresix, left, with Ady Bangun, CEO and co-founder of Trukita Waresix, one of Indonesia’s largest logistics startups, has acquired Trukita, a company that focuses on the “first mile.” The term refers to the part of the supply chain where goods are transported from ports…

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AutoLeap says it will repair your lousy relationship with car shops

No one likes having to go the automotive repair shop. There’s little transparency into what happens after a car is dropped off, invoices are often little more than a series of illegible bullet points, and the experience often feels chaotic. AutoLeap, a six-month-old, Toronto-based startup that quietly raised $5 million…

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Lydia raises another $86 million to build European financial super app

French fintech startup Lydia has extended its Series B round. Accel is leading the extension with all major existing shareholders also participating. Lydia first raised $45 million in January 2020 — Tencent led that investment. The startup is now raising another $86 million, which means that Lydia has raised $131…

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