A lot of things are happening around the startup world globally. So, before we get into the hustle of the new week, let’s begin our week with a weekly round up. Happy Monday and Happy Reading!
28th September, Monday
- Philippines payment processing startup PayMongo lands $12 million Series A led by Stripe
https://techcrunch.com/2020/09/27/philippines-payment-processing-startup-paymongo-lands-12-million-series-a-led-by-stripe/
- Sequoia-backed fitness app Fiture bags $65m in series A money from Tencent
https://www.techinasia.com/sequoiabacked-fitness-app-fiture-bags-65m-series-money-tencent
- InventisBio Announces $147 Million Series D Financing Led by Hillhouse Affiliate GL Ventures
https://markets.businessinsider.com/news/stocks/inventisbio-announces-147-million-series-d-financing-led-by-hillhouse-affiliate-gl-ventures-1029625004#
- Peter Beck-backed fund has $10m for 'deep tech' Kiwi startups
https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12368391
29th September, Tuesday
- EdtechX Holdings, an investment platform focusing on the future of education and work, launches second blank-check company on Nasdaq
https://www.reuters.com/article/us-edtechx-ipo-idUSKBN26J37A
- Vancouver online course platform Thinkific raises $22-million
https://techcrunch.com/2020/09/29/thinkific-funding/
- Singapore start-up Shiok Meats raises US$12.6 million as alternative protein options take off
https://www.straitstimes.com/business/economy/singapore-startup-shiok-meats-raises-us126-million-as-alternative-protein-options
- French startup Exotec raises $90 million for its warehouse robots
https://techcrunch.com/2020/09/28/exotec-raises-90-million-for-its-warehouse-robots/
- Seismic raises $92 million to automate sales processes
https://venturebeat.com/2020/09/29/seismic-raises-92-million-to-automate-sales-processes/
30th September, Wednesday
- Real estate site that backstops home buyers raises $100 million to expand across Canada
https://financialpost.com/real-estate/real-estate-site-that-backstops-home-buyers-raises-100-million-to-expand-across-canada
- Golden raises $14.5M to build a wiki-style database of tech knowledge
https://techcrunch.com/2020/09/30/golden-series-a/
- India-based EduGorilla raises Rs 5.3 Cr from Auxano Entrepreneur Fund, others
https://yourstory.com/2020/10/funding-alert-lucknow-edtech-startup-edugorilla
- Invesco raises ₹600 crore in focussed fund NFO
https://www.thehindubusinessline.com/markets/invesco-raises-600-crore-in-focussed-fund-nfo/article32740595.ece
- Asana up 37% and Palantir up 50% as both direct listings hit the public markets
https://techcrunch.com/2020/09/30/palantir-asana-public-debut
- Homer nabs $50M from Lego, Sesame Workshop and Gymboree for its early learning apps
https://techcrunch.com/2020/09/30/homer-nabs-50m-from-lego-sesame-workshop-and-gymboree-for-its-early-learning-apps/
1st October, Thursday
- Silver lake co-investors buy additional stake in Reliance’s retail arm for Rs 1,875 crore
https://scroll.in/latest/974590/silver-lake-co-investors-buy-additional-stake-in-reliances-retail-arm-for-rs-1875-crore
- Pixie Labs raises $9.15M Series A round for its Kubernetes observability platform
https://techcrunch.com/2020/10/01/pixie-labs-raises-9-15m-series-a-round-for-its-kubernetes-observability-platform/
- With $18M in new funding, Braintrust says it’s creating a fairer model for freelancers
https://techcrunch.com/2020/10/01/braintrust-funding
- Ethel’s Club founder is launching Somewhere Good, a social platform that centers people of color
https://techcrunch.com/2020/10/01/ethels-club-somewhere-good/
2nd October, Friday
- Airbnb Hopes to Raise $3 Billion in a December IPO
https://skift.com/2020/10/02/airbnb-hopes-to-raise-3-billion-in-a-december-ipo/
- Quantum Energy Makes a Bold Fundraising Bet
https://www.wsj.com/articles/quantum-energy-makes-a-bold-fundraising-bet-11601636400
- Canada's Small, Medium Sized Businesses Get New $600-Million Lifeline From Feds
https://www.huffingtonpost.ca/entry/regional-relief-recovery-fund_ca_5f775a49c5b6d4e948b520b1
- Propy, a blockchain-verified platform for selling houses, raises funding from Tim Draper
https://techcrunch.com/2020/10/02/propy-a-blockchain-verified-platform-for-selling-houses-raises-funding-from-tim-draper/
- Boost Sport raises $1.3M to help basketball teams win more games with video analysis tech
https://www.geekwire.com/2020/boost-sport-raises-1-3m-help-basketball-teams-win-games-video-analysis-tech/
3rd October, Saturday
- Former Uber Executive-led Blank-check Company Seeks $250 Million In IPO
https://www.news18.com/news/business/former-uber-executive-led-blank-check-company-seeks-250-million-in-ipo-2929891.html
- Cool Japan Fund Makes Additional $3.6 Million Available to Sentai Holdings
https://www.animenewsnetwork.com/news/2020-10-03/cool-japan-fund-makes-additional-3.6-million-available-to-sentai-holdings/.164845
- Peridot Acquisition Corp. raises $300M in IPO, seeks green-tech deal
https://houstonnewmedia.org/peridot-acquisition-corp-raises-300m-in-ipo-seeks-green-tech-deal/
- Uber sells $500M stake in its freight business as the ride-hailing giant works to conserve cash
https://techcrunch.com/2020/10/02/uber-sells-500m-stake-in-its-freight-business-as-the-ride-hailing-giant-works-to-conserve-cash/
4th October, Sunday
- PE/VC investments in pharma companies grow 3.5X in 2020, cross $1 bn mark
https://www.business-standard.com/article/markets/pe-vc-investments-in-pharma-companies-grow-3-5x-in-2020-cross-1-bn-mark-120100400347_1.html
- ION Acquisition Corp raises $260 mln, plans to buy Israeli unicorn
https://english.alarabiya.net/en/business/economy/2020/10/04/ION-Acquisition-Corp-raises-260-mln-plans-to-buy-Israeli-unicorn
- IIT Delhi Startups Launch Affordable Antiviral T-shirts & COVID-19 Protection Lotion
https://www.republicworld.com/india-news/general-news/iit-delhi-startups-launch-affordable-antiviral-t-shirts-and-covid-19-pro.html
- Greatwater Opportunity Capital to launch $30 million fund devoted to Opportunity Zones
https://www.crainsdetroit.com/real-estate/greatwater-opportunity-capital-launch-30-million-fund-devoted-opportunity-zones
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