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Former Nutanix execs launch new startup with $50M seed round

5 years 2 months ago
Today a new software company from two former Nutanix executives called DevRev emerged from stealth with a $50 million seed round from Mayfield Fund, Khosla Ventures and several industry luminaries. The company, which aims to bring the coding and revenue processes closer together, already has 75 employees working on the new software platform, which they […]
Ron Miller

India bans Mastercard from adding new customers

5 years 2 months ago
Reserve Bank of India has indefinitely barred Mastercard from issuing new debit, credit, or prepaid cards to customers in the South Asian market over noncompliance with local data storage rules. The South Asian market’s central bank said the new restrictions will go into effect on July 22. “Notwithstanding lapse of considerable time and adequate opportunities […]
Manish Singh

An Echo Dot designed by Diane von Furstenberg? Yeah, sure, why not

5 years 2 months ago
Earlier this year, Amazon launched Build It, a fun little program that lets customers preorder concept devices. Think about it like Indiegogo or Kickstarter, where the company will only actually make the product if enough people buy-in via preorder. Obviously Amazon has a significantly larger ability to absorb a misstep than your average first-time hardware […]
Brian Heater

Cardless raises $40M to help more brands launch custom credit cards

5 years 2 months ago
Many consumers use their credit cards to rack up rewards to be used toward travel.  But what if you’re a sports fan, and using your credit card could lead to a virtual conversation with a player on your favorite team? Thanks to San Francisco-based Cardless, that opportunity may be less of a stretch than you […]
Mary Ann Azevedo

Next Gen Foods to launch its plant-based chicken in the U.S. after raising a $20M seed extension from investors like GGV

5 years 2 months ago
Singapore-based Next Gen Foods will bring its plant-based chicken alternative to the United States after raising a $20 million seed extension. Investors included GGV Capital, agriculture and food tech-focused Bits x Bites, food and beverage company Yeo Hiap Seng, entrepreneur and “Blitzscaling” author Chris Yeh and English footballer Dele Alli. Returning investors include Temasek, which […]
Catherine Shu

Railsbank raises $70M to build out its fintech-as-a-service platform

5 years 2 months ago
Financial services-as-a-service — where entities like neobanks, retailers and others can create and sell their own financial products by way of a few lines of code and APIs — has been one of the bigger trends in the world of fintech in recent years, with embedded finance on its way to being a $7.2 trillion […]
Ingrid Lunden

Anyone is building a marketplace for advice, one 5-minute call at a time

5 years 2 months ago
Anyone, an audio app that’s building a ‘marketplace for advice’ one five-minute phone call at a time, is launching new versions of its iOS and Android apps today* and beginning to large-scale onboarding after operating in a limited closed beta for the past six months. The app — which was founded around 18 months ago […]
Natasha Lomas

Indian storytelling platform Pratilipi raises $48 million led by gaming giant Krafton

5 years 2 months ago
Pratilipi, an Indian startup that operates an online storytelling platform to enable writers to share their work in various formats, said on Wednesday it has raised $48 million in a new financing round led by Krafton. South Korean gaming giant Krafton led the Series D round for the seven-year-old Bangalore-based startup, bringing its to-date raise […]
Manish Singh

Wecasa raises $17.7 million for its home care and wellness marketplace

5 years 2 months ago
French startup Wecasa has raised a $17.7 million funding round (€15 million). Blisce is leading the funding round with existing investors Serena, ISAI and Frédéric Mazzella also participating. The company has been building a marketplace for home care and wellness. Over the past few years, Wecasa has kept adding new verticals. The startup originally specialized […]
Romain Dillet

Russian insurtech and telemedicine startup BestDoctor raises $26M B from Winter Capital Partners

5 years 2 months ago
Last year we covered BestDoctor’s series A round when the Russian insurtech startup raised $4.5 million for its online medical insurance platform for corporates, which also offers telemedicine services to employees. It’s now closed a $26 million Series B round from Winter Capital Partners, alongside Swedish investor VNV Global and UNIQA Ventures, the corporate VC […]
Mike Butcher

Gourmey is a cell-based poultry startup working on lab-grown foie gras

5 years 2 months ago
Meet Gourmey, a new French startup that recently raised a $10 million founding round in equity and debt. The startup is working on meat grown in laboratories from animal cells. In particular, the company is focusing on poultry and aims to convince chefs that they should use the company’s products in their restaurants. “We’ve been […]
Romain Dillet

Great Question gets $2.5M seed round to make customer research easier

5 years 2 months ago
Customer research is invaluable for software companies, but there are many obstacles, like finding the right group of people to survey. Great Question wants to make building and talking to their own panels accessible to all companies, no matter their size. The startup, which was part of Y Combinator’s winter 2021 program, announced today that […]
Catherine Shu

Walmart will be bringing Symbotic robots to 25 distribution centers

5 years 2 months ago
Ask anyone who runs a fulfillment/warehouse robotics company what companies’ top motivation is for embracing automation and they’ll probably cite labor shortages or shipping speeds. The looming truth of the matter boils down to one word: Amazon. And while it’s true that smaller businesses are feeling the worst crunch, no one is immune to the […]
Brian Heater

Investment app Syfe raises $30M Series B led by returning investor Valar Ventures

5 years 2 months ago
Investment apps in Southeast Asia are attracting a lot of funding, and now some are raising fast follow-on rounds, too. For example, Indonesian robo-advisor app Bibit raised $65 million in May just four months after a $30 million growth round. Now Singapore-based Syfe is announcing that it has closed a $30 million Series B, only […]
Catherine Shu
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