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Commerce platform ShopUp raises $75 million in Bangladesh’s largest funding

Commerce platform ShopUp raises $75 million in Bangladesh’s largest funding

by sibi1 | Sep 7, 2021 | Uncategorized

ShopUp, a startup that is digitizing neighborhood stores in Bangladesh, has raised $75 million in a new financing round that is also the largest in the South Asian market. Peter Thiel’s Valar Ventures led ShopUp’s $75 million Series B round. Prosus Ventures as well as...
H2O Hospitality secures $30M Series C to expedite hotel digital transformation

H2O Hospitality secures $30M Series C to expedite hotel digital transformation

by sibi1 | Sep 7, 2021 | Uncategorized

The pandemic has triggered more demand for contactless and staff-less operations in the hospitality sector, and now H2O Hospitality, the unmanned hotel management company, has closed a $30 million round on the back of that boost. The South Korea and Japan-based...
A.ID closes Pre-Seed funding for ID verification platform aimed at high-risk clients

A.ID closes Pre-Seed funding for ID verification platform aimed at high-risk clients

by sibi1 | Sep 7, 2021 | Uncategorized

A.ID, an identity and compliance platform with a focus on high-risk clients, has closed a pre-seed investment round of $500,000 from angel investors including former employees of RobinHood, Square and Snap. The startup says it is addressing a market that traditional...
Financial automation startup Aurelia raises $3M Seed round led by Blossom Capital

Financial automation startup Aurelia raises $3M Seed round led by Blossom Capital

by sibi1 | Sep 7, 2021 | Uncategorized

Financial automation platform, Aurelia has raised $3 million in seed funding, led by Blossom Capital. Billing itself as a sort of “IFTTT for finance” aimed at small businesses that want to integrate their bank accounts with financial tools, Aurelia says this then...
Fractory raises $9M to rethink the manufacturing supply chain for metalworks

Fractory raises $9M to rethink the manufacturing supply chain for metalworks

by sibi1 | Sep 7, 2021 | Uncategorized

The manufacturing industry took a hard hit from the Covid-19 pandemic, but there are signs of how it is slowly starting to come back into shape — helped in part by new efforts to make factories more responsive to the fluctuations in demand that come with the ups and...
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