Monday is the time for a weekly round up. Before we dive into the new week, let’s take a look at the startup world related news for the last week.
14th September, Monday
- Cloud services company Snowflake Boosts IPO Price Range to $100- $110
https://www.thestreet.com/investing/snowflake-boosts-price-range-for-initial-public-offering
- Airtable raises $185M and launches new low-code and automation features
https://techcrunch.com/2020/09/14/airtable-raises-185m-and-launches-new-low-code-and-automation-features/
- Dallas Venture Partners to invest up to USD 500 mn in start-ups
https://www.outlookindia.com/newsscroll/dallas-venture-partners-to-invest-up-to-usd-500-mn-in-startups/1935807
- SignalX raises $ 750,000 from US venture capital firm
https://www.thehindu.com/news/cities/Hyderabad/signalx-raises-750000-from-us-venture-capital-firm/article32603453.ece
- Corsair Gaming to sell up to $252 million worth of stock in its IPO
https://www.marketwatch.com/story/corsair-gaming-to-sell-up-to-252-million-worth-of-stock-in-its-ipo-2020-09-14
15th September, Tuesday
- Edtech startup Newton School raises $650,000 led by Nexus Venture Partners
https://yourstory.com/2020/09/edtech-startup-newton-school-funding-nexus-venture-partners
- Virtual events platform Airmeet raises $12M
https://techcrunch.com/2020/09/15/virtual-events-platform-airmeet-raises-12m/
- Data.World raises $26 million to address data processing pain points
https://venturebeat.com/2020/09/15/data-world-raises-26-million-to-address-data-processing-pain-points/
- Apple announces Apple Watch Series 6 with ability to measure blood oxygen levels
https://www.theverge.com/2020/9/15/21431365/apple-watch-series-6-price-features-specs-release-date
- Mom and Baby Care Brand The Moms Co Bags $8 Mn In Series B Round
https://www.entrepreneur.com/article/356192
16th September, Wednesday
- After lockdowns lead to an e-bike boom, VanMoof raises $40M Series B to expand globally
https://techcrunch.com/2020/09/16/after-lockdowns-lead-to-an-e-bike-boom-vanmoof-raises-40m-series-b-to-expand-globally/
- India’s first digital-native insurance company Acko raises $60 million led by Munich Re Ventures
https://www.livemint.com/companies/start-ups/acko-raises-60-million-led-by-munich-re-ventures-11600258384319.html
- Delta Air to Borrow $9 Billion to Get Through Pandemic
https://www.thestreet.com/investing/stocks/delta-air-lines-to-borrow-9-billion-to-get-through-pandemic
- Chinese Biotech Firm Biocytogen Bags $142 Million in Fresh Fundraising
https://www.caixinglobal.com/2020-09-16/chinese-biotech-firm-biocytogen-bags-142-million-in-fresh-fundraising-101605895.html
- Zwift, maker of a popular indoor training app, landed $450 million in funding led by KKR
https://techcrunch.com/2020/09/16/zwift-maker-of-a-popular-indoor-training-app-just-landed-a-whopping-450-million-in-funding-led-by-kkr/
17th September, Thursday
- Wix sets up venture arm to tap into web-focused tech
https://www.timesofisrael.com/wix-sets-up-venture-arm-to-tap-into-web-focused-tech/
- Darkstore launches FastAF app for same-day product delivery
https://techcrunch.com/2020/09/17/darkstore-launches-fastaf-app-for-same-day-product-delivery/
- DEX aggregator ParaSwap raises $2.7 million in seed funding
https://www.theblockcrypto.com/linked/78005/dex-aggregator-paraswap-seed-funding
- BYJU’S acquires Unitus-funded edtech start-up LabInApp
https://www.thehindubusinessline.com/info-tech/social-media/byjus-acquires-unitus-funded-edtech-start-up-labinapp/article32632055.ece
- Infarm raises $170M in equity and debt to continue building its ‘vertical farming’ network
https://techcrunch.com/2020/09/16/infarm-raises-170m-in-equity-and-debt/
18th September, Friday
- Outschool, newly profitable, raises a $45M Series B for virtual small group classes
https://techcrunch.com/2020/09/18/outschool-newly-profitable-raises-a-45m-series-b-for-virtual-small-group-classes/
- Macquarie Prepares Intel Analytics Seller Nuix For $1.5 Billion IPO
https://www.news18.com/news/tech/macquarie-prepares-intel-analytics-seller-nuix-for-1-5-billion-ipo-2889383.html
- Unity Technologies raises more than $1.3 billion in IPO at $13.6 billion valuation
https://venturebeat.com/2020/09/18/unity-technologies-raises-more-than-1-1-billion-in-ipo-at-12-1-billion-valuation/
- Blackstone sells 23% stake in Essel Propack in block deal worth $252 mn
https://www.livemint.com/news/india/blackstone-sells-23-stake-in-essel-propack-in-block-deal-worth-252-mn-11600438610101.html
- Leasetech Startup Origa Lease Finance Raises $2 Mn Debt
https://inc42.com/buzz/leasetech-startup-origa-lease-finance-raises-2-mn-debt/
19th September, Saturday
- Electric vehicle charge network ChargePoint reportedly closer to going public
https://www.autoblog.com/2020/09/19/chargepoint-ev-charging-company-nearing-ipo/
- TNSDC, Coursera tie up to train 50,000 unemployed youth amidst Covid-19
https://www.thehindubusinessline.com/news/education/tnsdc-coursera-tie-up-to-train-50000-unemployed-youth-amidst-covid-19/article32647166.ece
- Apple’s iOS 14 will give users more privacy protection — and publishers aren’t happy about it
https://thenextweb.com/syndication/2020/09/19/apples-ios-14-will-give-users-more-privacy-protection-and-publishers-arent-happy-about-it/
- UK universities predict record student dropout rate
https://www.theguardian.com/education/2020/sep/19/uk-universities-predict-record-student-dropout-rate
- Ubicquia Raises $30 Million for Smart Cities
https://skift.com/2020/09/18/ubicquia-raises-30-million-for-smart-cities-travel-startup-funding-this-week/
20th September, Sunday
- Vedantu co-founder launches edtech platform Uable
https://www.livemint.com/companies/start-ups/vedantu-co-founder-launches-edtech-platform-uable-11600593965245.html
- Godrej Fund Management to raise $500 million office fund from global investors
https://www.livemint.com/companies/news/godrej-fund-management-to-raise-500-million-office-fund-from-global-investors-11600592570852.html
- Oracle to Take 12.5% Stake in TikTok Global, Walmart to Get 7.5%
https://variety.com/2020/digital/news/oracle-tiktok-equity-stake-walmart-trump-1234776014/
- Paytm locks horns with Google over 'arm-twisting and arbitrary policies' after app suspension
https://yourstory.com/2020/09/paytm-ban-google-policies-arbitrary-startup-ecosystem
We, at OpenGrowth, are constantly looking for latest news in the startup ecosystem. If you want to share any important news from last week, then do let us know in the comment section below.
News Curated by: Priya Nath
Priya is an enthusiastic person who believes in gender equity and social impact. She has a keen interest in startups. Her passion includes owning innovative gadgets, networking and psychology.