warburg pincus
Aramco’s Prosperity7 powers AI drug firm Insilico’s $95M round
Hong Kong-based drug discovery and development company Insilico has secured fresh capital at a time that its CEO described as a “biotech winter.” The firm has raised $35 million on the hee
Hong Kong’s AI drug discovery firm Insilico closes $60M Series D
Insilico Medicine, a Hong Kong-based company that has been using artificial intelligence to discover new drugs since 2014, has completed a fresh round of funding. It’s a sign that certain invest
Scandit snaps up $150M at a $1B+ valuation for its computer vision-based data capture technology
Consumers and businesses are forever demanding faster and easier ways to get things done, and today a startup that is building tech to make that a reality using AI and the camera on your mobile device
Indian electronics and lifestyle startup Boat files for an IPO
Imagine Marketing, the holding company of electronics and lifestyle brand Boat, one of the rare hardware startups from India, has filed for an IPO of up to $266 million. In its DRHP filing with local
Israeli fintech Personetics raises $85M for tools to help incumbents personalize banking services to compete with neobanks
Big banks are under a lot of pressure to modernize their services to meet demands of consumers who now view as table stakes things like mobile apps that identify who and where you are; or instant, on-
Indian D2C beauty brand MyGlamm becomes unicorn with $150 million funding
The Good Glamm Group, the parent firm of direct-to-consumer beauty brand MyGlamm, is the latest Indian startup to join the unicorn club. The Mumbai-headquartered startup has raised $150 million in its
Bond Vet stitches up $170 million from Warburg Pincus
Bond Vet, the New York-based veterinary care clinic, has announced the close of a $170 million investment from Warburg Pincus. The veterinary startup raised $17 million toward the end of 2020, explain
BitSight raises $250M from Moody’s and acquires cyber risk startup VisibleRisk
BitSight, a startup that assesses the likelihood that an organization will be breached, has received a $250 million investment from credit rating giant Moody’s, and acquired Israeli cyber risk asses
Quantexa raises $153M to build out AI-based big data tools to track risk and run investigations
As financial crime has become significantly more sophisticated, so too have the tools that are used to combat it. Now, Quantexa — one of the more interesting startups that has been building AI-b
Temasek, Warburg Pincus and Bhavish Aggarwal invest $500 million in Ola
Temasek and an affiliate of Warburg Pincus are investing $500 million in Indian ride-hailing giant Ola, the Bangalore-headquartered startup said in a short statement Friday. Ola co-founder and chief e
AI drug discovery platform Insilico Medicine announces $255 million in Series C funding
Insilico Medicine, an AI-based platform for drug development and discovery, announced $255 million in Series C financing on Tuesday. The massive round is reflective of a recent breakthrough for the co
Gojek and Tokopedia merge to form GoTo Group
Ride-hailing giant Gojek and marketplace Tokopedia, Indonesia’s two biggest startups, said on Monday they have combined their businesses to form GoTo Group, the largest technology group in the S
Indian electronics and lifestyle startup Boat raises $100 million from Warburg Pincus
Boat, an electronics and lifestyle startup in India, has raised $100 million in a new financing round that many independent investors termed as the most successful hardware startup story to date in th
A clean energy company now has a market cap rivaling ExxonMobil
The news last week that U.S. utility and renewable energy company NextEra Energy briefly overtook ExxonMobil and Saudi Aramco to become the world’s most valuable energy producer shows just how v
Investors give Baltimore’s Facet Wealth $25 million to sell businesses on financial planning as a benefit
Yesterday, Baltimore-based fintech company Facet Wealth said it raised $25 million in financing as it readies a new business line pitching financial planning as an employment benefit to businesses loo
Salsify nabs $155M as its commerce experience platform sees a big surge of business from COVID-19
As traditional brands grapple with a new world where selling online is as much or perhaps even more important than how you are positioned in a physical store, a startup that helps them get all their i
Osmind pitches clinical management and data analysis for mental health practices using psychedelics
Jimmy Qian and Lucia Huang, the co-founders of Osmind, a new clinical practice management and data analysis platform for mental health providers focusing on cutting edge psychedelic treatments, met at
Geek+, the Amazon Kiva of China, lands $200 million Series C
Geek+, a Beijing-based startup that makes warehouse fulfillment robots similar to those of Amazon’s Kiva, said Thursday that it has closed over $200 million in a Series C funding round. That bum
BetterCloud scores $75M Series F as SaaS management needs grow
BetterCloud gives IT visibility into its SaaS tools providing the means to discover, manage and secure those tools. In the middle of a crisis that has forced most companies to move workers home, being
China’s Geek+ brings warehouse robots to US via Conveyco partnership
Chinese robots will soon be seen roaming a number of warehouse floors across North America. Geek+, a well-funded Chinese robotics company that specializes in logistics automation for factories, wareho