Startup News: 21st - 27th September 2020


25th Sep'20
Startup News: 21st - 27th September 2020 | OpenGrowth

New Week. New Possibilities. New Gains. But, before we dive in to this new week, let’s take a weekly round up for last week. 

Happy Monday Morning and Happy Reading! 


21st September, Monday


  • Social Gaming Startup Valued at Over $1 Billion in Sequoia-Backed Funding Round

  • Ghana plans $500 million London listing of gold royalty fund: sources

  • Jack Ma's Ant Group Lifts IPO Plan to $35 Billion

  • Venture Firm Howzat Is Raising $120 Million to Find the Next Trivago or Airbnb

  • Business process automation startup Precily gets seed funding


22nd September, Tuesday


  • European fintech faces an 'existential crisis' as funding has dropped 'from surplus to scarcity,' McKinsey report says

  • EasySend raises $16 million to automate repetitive business processes

  • Fokuz, a video-conferencing platform, raises $2 million in angel investment

  • Startup Behind Siacoin Storage Platform Raises $3M, Rebrands as Skynet Labs

  • Willow, the startup making the wearable breast pump, raises $55 million


23rd September, Wednesday


  • China's Ant takes another step towards $35 billion IPO with registration move

  • Singapore’s fintech firm Syfe bags $18.6m in series A money from Valar Ventures

  • GoodRx, a price comparison app for prescription drugs, prices IPO at $33 per share, valued at $12.7 billion

  • KKR to invest $755 million in retail arm of India's Reliance


24th September, Thursday


  • Malaysia-based coworking space firm WORQ Raises Up-Round of RM10 Million to Expand in RM3 Billion Flexi-Office Market

  • AirAsia to raise capital for digital venture

  • ChargePoint, one of the world's oldest and largest electric vehicle charging networks, will go public in a deal that values the company at $2.4 billion

  • MEST, a pan-African training programme, invests $700k in 7 graduating tech startups


25th September, Friday


  • Indonesian cloud kitchen startup Yummy gets $12 million Series B led by SoftBank Ventures Asia

  • Indian social media platform ShareChat raises $40 million

  • Controversial Facial Recognition Firm Clearview AI Raised $8.6 Million

  • Miami startup providing visits to elderly gets major investment from Comcast

  • Yalla Group Seeks $149 Million U.S. IPO


26th September, Saturday


  • PMV Pharmaceuticals prices IPO at top end of expectations, raises $211.8 million

  • Chinese electric car start-up Xpeng shows off new flying vehicle

  • Property tech start-up OneDome raises £5m to expand

  • RIL's retail arm receives Rs 7,500 crore from Silver Lake for 1.75% stake sale

  • Alexis Ohanian files for a new $150M fund, with a nod to his Olympian family


27th September, Sunday


  • Mall Of America Extends A Hand Of Unity To Challenged Local Retailers

  • A Seattle startup shines light on the face masks of the future embedded with the LED tech

  • Scottish Government launch £10 million fund to regenerate Clydeside area

  • FinMin to provide capital support from Rs 20k cr fund to some PSBs in Q3

  • Direct-to-consumer footwear brandAllbirds Raises $100 Million at a $1.7 Billion Valuation


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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