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businessnewsasia.com May 21, 2022

Singapore Startup Bitkeep Raises $15M In Series A

Singapore startup BitKeep raises $15m in Series A - BusinessNewsAsia.com Business News Asia. : BitKeep, a Singapore-based Web3.0 cross-chain wallet, saw its valuation increased to $100 million after it raised $15 million in a Series A funding round, according to a report by AsiaTechDesk.com The funding round was led by Dragonfly Capital, a crypto-focused investment firm, and participated by crypto investors KuCoin Ventures, A&T Capital, Foresight Ventures, SevenX, Matrixport, Bixin Capital, Danhua Capital, Peak Capital, and YM Capital. Founded in 2018, BitKeep claimed to serve more than four million verified users across 168 countries.
Read by 45% of LPs

marketwatch.com May 20, 2022

Thg Surges 24% As Candy Ventures Says It May Consider Making An Offer

Shares of THG climbed 25% in London as a potential bidding war emerged for the U.K.-listed online retailer, known as the Hut Group. THG said late Thursday that it had rejected a proposal from a group of investment companies led by Belerion Capital and King Street Capital Management for 170 pence a share, valuing the deal at 2.07 billion pounds ($2.58 billion). Meanwhile, technology venture capitalist Candy Ventures Sarl said late Thursday that it was in the early stages of considering a possible offer for THG, though there was no guarantee of a formal offer.
Read by 75% of LPs

pymnts.com May 20, 2022

Auto Fintech Caribou Valued At $1.1B After Funding

Caribou, a FinTech that focuses on automobile installment loan payments, has completed a $115 million Series C funding round, according to a Friday (May 20) press release. The company's valuation is now $1.1 billion. The company will use the capital to continue growing by investing in its platform and new products as well as adding [...]
Read by 50% of LPs

pymnts.com May 19, 2022

Xendit Raises $300M To Grow Payments Platform

Southeast Asia payments platform Xendit closed a $300 million Series D funding round that brings its total investment capital since 2015 to $538 million, according to a Thursday (May 19) press release. The company plans to use the fresh capital to continue its expansion of its digital payments infrastructure across the region. Coatue and Insight [...]
Read by 34% of LPs

vcnewsdaily.com May 19, 2022

Lucidlink Scores $20M In Series B

SAN FRANCISCO, CA, LucidLink, a SaaS solution, has raised $20 million in funding from investors in its Series B funding.
Read by 31% of LPs

forbes.com May 19, 2022

Can Yugabyte Become The Defacto Database For Large-scale, Cloud Native Applications?

Founded in 2016 by several former Facebook software engineers, Yugabyte is the fast-growing, Sunnyvale, California-based company behind YugabyteDB, the open-source, high-performance distributed SQL database for building internet-scale apps.
Read by 62% of LPs

pymnts.com May 19, 2022

Baas Firm Unit Valued At $1.2B After Series C

Unit is now a unicorn. The Banking-as-a-Service (BaaS) platform announced this week that it raised $100 million in a Series C funding round that brings its valuation to $1.2 billion. This valuation makes Unit the first BaaS company to achieve unicorn status, when a private company is valued at more than $1 billion. "We designed [...]
Read by 57% of LPs

vcnewsdaily.com May 19, 2022

Cornami Closes $68M Funding In Series C

CAMPBELL, CA, Software startup Cornami announced the closing of more than $68 million in its oversubscribed Series C funding led by SoftBank Vision Fund 2.
Read by 78% of LPs

siliconrepublic.com May 19, 2022

Dublin-based Ai Medtech Firm Deciphex Bags $11.5M To Fuel Expansion

Deciphex plans to expand further in the UK, Canada and the Middle East, while launching its online clinical service in the US. Irish pathology and AI start-up Deciphex has today (19 May) announced the closing of an $11.5m Series B funding round, to boost growth and launch its clinical service in the US. The round was led by ACT Venture Capital, with Charles River Laboratories, Novartis, IRRUS Investments, Nextsteps Capital, HBAN Medtech Syndicate and other current investors also participating. Founded in 2017, Deciphex has offices in Dublin, the UK and the US.
Read by 43% of LPs

inc42.com May 19, 2022

Geoiq Secures Investment From Lenskart, Others

Location intelligence startup GeoIQ has raised $2.25 Mn in an equity funding round from Lenskart and other existing investors-9Unicorns and...
Read by 79% of LPs