GIC
Quantexa raises $129M at a $1.8B valuation to help navigate online fraud and customer data management
Financial fraud and other online crime continue to present major threats to businesses, and they remain a key focus for regulators requiring more rigorous efforts to keep illicit activity at bay. Now,
Stripe now valued at $50B following $6.5B raise
The company notes that it does not need this capital to run its business, but to help current and former employees with withholding tax obligations related to equity awards.
GIC backs Indian EV startup Euler Motors in $60 million funding
Euler Motors, an Indian startup that designs and builds commercial electric vehicles, has raised $60 million in a new funding round as it works to ramp up its production capacity and broaden its offer
Mexican fintech startup Stori reaches unicorn status with $50M equity raise
While credit cards are ubiquitous in the U.S., they are far less so across Latin America, where people — especially lower-income members of the population — have historically relied on cas
Powin raises $135M funding from Singapore’s GIC, Trilantic North America and Energy Impact Partners
Powin, an energy storage technology developer, said today it has raised $135 million in funding led by Singapore’s sovereign wealth fund GIC, with participation from existing investors Trilantic Ene
Germany’s Zolar grabs $105M on soaring demand for solar energy
Berlin-based Zolar has bagged €100 million (~$105 million) in Series C funding to expand its supplier network for small solar systems to meet rising demand for clean energy. Germany is particularly
Grafana Labs raises $240M Series D
Grafana Labs, the company behind the popular Grafana visualization tools (and a contributor to other open source projects like the Prometheus monitoring system), today announced that it has raised a $
Indian fintech giant Razorpay valued at $7.5 billion in $375 million funding
Razorpay has more than doubled its valuation to $7.5 billion from $3 billion in April as one of India’s largest fintech giants demonstrates fast growth and aggressively broadens its product offering
Paytm raises $1.1 billion from anchor investors in India’s blockbuster IPO
Paytm has raised $1.104 billion in India’s largest-ever anchor round as part of its initial public offering, which is also shaping up to be the nation’s largest, as the poster child of the Indian
All Day Kitchens wants to expand every independent restaurant’s delivery network
The company is partnering with restaurants to share their food across a city via a network of satellite kitchens without having to put up any upfront costs.
Apeel bites into another $250M funding round, at a $2B valuation, to accelerate fresh food supply chains
Apeel developed a plant-based layer for the surface of fruits and vegetables, that is tasteless and odorless, and keeps moisture in, while letting oxygen out.
Colombian on-demand delivery startup Rappi raises ‘over’ $500M at a $5.25B valuation
Rappi, a Colombian on-demand delivery startup, has raised “over” $500 million at a $5.25 billion valuation in a Series F round led by T. Rowe Price, the company announced late Friday. Baillie Giff
Locus raises $50 million for its logistics management business
Locus, a startup that uses AI to help businesses map out their logistics, said on Wednesday it has raised $50 million in a new financing round as it looks to expand its presence. The new round, a Seri
Indian logistics giant Delhivery raises $277 million ahead of IPO
Delhivery, India’s largest independent e-commerce logistics startup, has raised $277 million in what is expected to be the final funding round before the firm files for an IPO later this year. In a
The VC and founder winners of DoorDash’s IPO
After years of rumors and high-flying headlines, we finally have the S-1 for DoorDash. Alex has covered the primary details, but I figured it would be good to dive in so we can see who is raking in th
India’s Razorpay becomes unicorn after new $100 million funding round
Bangalore-headquartered Razorpay, one of a handful of Indian fintech startups that has demonstrated accelerated growth in recent years, has joined the coveted unicorn club after raising $100 million i
Singapore’s GIC and TPG to invest over $1 billion in Reliance Retail
GIC, Singapore’s sovereign wealth fund, will invest $752 million in Mukesh Ambani’s Reliance Retail, and TPG will invest $250 million in the Indian firm, they all said Saturday midnight (loca
Equinix and Singapore’s GIC will launch a $1 billion joint venture to build hyperscale data centers in Europe
Equinix, one of the world’s largest data center companies, announced that it will form a $1 billion joint venture with GIC, Singapore’s sovereign wealth fund. The partnership will focus on buildin
DoorDash, now valued at $12.6B, shoots for the moon
DoorDash has raised another $600 million in venture capital funding.
A quiet London-based payments startup just raised among the biggest Series A rounds ever in Europe
You probably haven’t heard of Checkout, a digital payments processing company that was founded in 2012 in London. Apparently, however, investors have been keeping tabs on the low-flying company