Startup News: 14th - 20th September 2020

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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.

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About the author:

Editor , OpenGrowth Content Team

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