Palm Drive Capital

Nue Life Health raises $23M Series A Led by Obvious Ventures for psychedelics platform

Last year we covered the $3.3 million seed round for NUE Life Health, a US-based telemedicine startup in the US, which was building out a mental wellness platform that combined psychedelic-assisted th

Colombia’s Merqueo bags $50M to expand its online grocery delivery service across Latin America

Merqueo offers more than 8,000 products, including fresh foods, packaged goods, home essentials, beverages and frozen products. It currently operates in more than 25 cities and has over 600,000 users.

MealMe raises $900,000 for its food search engine

This morning MealMe.ai, a food search engine, announced that it has closed a $900,000 pre-seed round. Palm Drive Capital led the round, with participation from Slow Ventures and CP Ventures. TechCrunc

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

Yummy Corporation, which claims to be the largest cloud kitchen management company in Indonesia, has raised $12 million in Series B funding, led by SoftBank Ventures Asia. Co-founder and chief executi

Taiwan-based TNL Media Group raises $8 million to build its publishing and data analytics businesses

Since launching in 2013, Taipei-based TNL Media Group has grown from an independent news site to a media company with several online publishing verticals and a data analytics business. Now the company