GSR Ventures

Open banking startup Abound nabs $601M to supercharge its AI-based consumer lending platform

After a slow start in the U.K. and Europe, open banking is catching on with fintechs, which are using APIs to access banking data and rails and using them as an alternative to traditional credit netwo

Tencent veterans secure $13M to build cross-chain decentralized identities

There are many startups working on decentralized identities for the next generation of the internet. Four Tencent veterans want their offering .bit, an identity protocol built on the blockchain, to be

ZMO.ai secures $8M led by Hillhouse to create AI generated fashion models

With breakthroughs in machine learning, it’s no longer uncommon to see algorithmically generated bodies that can move and talk authentically like real humans. The question is now down to whether

China’s HR tech startup Moka closes $100M led by Tiger Global

Moka, a six-year-old Chinese startup that wants to make human resources management easier with software, said today it has closed a $100 million Series C round. The startup aims to automate all stages

Medable reaches $2.1B valuation as Tiger, Blackstone, GSR pump new capital into clinical trials management company

Medable has grown 300% in the past year and over 800% in the last 18 months, which CEO Michelle Longmire said was proof that a patient-centered approach is taking hold.

Albertsons sets off Firework’s livestream, shoppable video experience on website

Albertsons is the first U.S. grocer to utilize Firework's platform to create, host and curate its own short-form and livestream video to improve customer engagement.

Osso VR raises $27 million to turn surgery into a video game

Virtual reality did not turn into the ultimate office replacement telepresence machine during the pandemic — and it wasn’t for lack of trying — but some startups focused on employee

Facebook buys game studio BigBox VR

Facebook has bought several virtual reality game studios over the past couple of years, and they added one more to their portfolio Friday with the acquisition of Seattle-based BigBox VR. The studio&#8

China’s adaptive robot maker Flexiv raises over $100 million

As businesses around the world look to automate production lines and supply chains, companies making the robots are attracting great investor interest. The latest to get funded is Flexiv, which closed

Medable raises $91 million for its clinical trial management software

The clinical trial management software developer Medable has raised $91 million in a new round of financing as life sciences companies struggle with how to conduct the necessary validation studies of

E-scooter startup Neuron Mobility adds $12 million to its Series A for expansion in Australia and New Zealand

Neuron Mobility, a Singapore-based e-scooter rental startup, announced today that it has added $12 million to its Series A. Led by Square Peg, an Australian venture capital firm and GSR Ventures, this

TikTok parent ByteDance leads $6M round in financial AI startup Lingxi

TikTok’s parent company ByteDance has added Lingxi, a Beijing-based startup that applies machine intelligence to financial services such as debt collection and insurance sales, to its ever-expan

Singapore’s Neuron Mobility raises $18.5M to bring its electric scooters to more international markets

Neuron Mobility, a Singapore-based startup, has closed an $18.5 million financing round as it looks to scale its e-scooter startup in international markets — a month after the nation introduced

Startups Weekly: Chinese investors double down on African startups

In this week's newsletter: China's pivot to Africa, another big scooter funding and a new entry to the unicorn club.

Opera’s Africa fintech startup OPay gains $120M from Chinese investors

Africa-focused fintech startup OPay has raised a $120 million Series B round backed by Chinese investors. Located in Lagos and founded by consumer internet company Opera, OPay will use the funds to sc

China’s growing digital influence in Africa

There’s been a heap of China in Africa coverage over the last decade, but very little of it is focused on tech. In part, because the country’s engagement with African startups is light compared to

Opera founded startup OPay raises $50M for mobile finance in Nigeria

OPay, an Africa-focused mobile payments startup founded by Norwegian browser company Opera, has raised $50 million in funding. Lead investors include Sequoia China, IDG Capital and Source Code Capital

Moka raises $27M led by Hillhouse to make hiring more data-driven in China

Moka, a startup that wants to make talent acquisition a little more data-driven for China-based companies that range from smartphone giant Xiaomi to Burger King’s local business, announced Monda

CherryHome raises $5.2M to apply AI to home care cameras, detecting behavior changes

A new startup using AI to look after elderly people at home has raised a new round of funding to apply its platform to detect changes in gait or behavior, falls or stumbles. In other words, it could s

Q1 2018 global diversity investment report: Investing trends in female founders

In this report, we look at venture and seed investment trends in female-founded startups over the last five quarters.
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