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China Renaissance Gains More Than US$600M After Close of Huaxing Growth Capital USD Fund III

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Diverse investors across Europe, Asia, and the Middle East commit capital to China Renaissance’s Huaxing Growth Capital USD Fund III     Marking another milestone in fundraising, Beijing-based financial institution China Renaissance announced the final close of its Huaxing Growth Capital USD Fund III in a statement yesterday, after having secured more than US$600 million […]

China Renaissance Gains More Than US$600M After Close of Huaxing Growth Capital USD Fund III Read More »

Diverse investors across Europe, Asia, and the Middle East commit capital to China Renaissance’s Huaxing Growth Capital USD Fund III     Marking another milestone in fundraising, Beijing-based financial institution China Renaissance announced the final close of its Huaxing Growth Capital USD Fund III in a statement yesterday, after having secured more than US$600 million

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Indonesian Logistics Tech Startup Waresix Cashes In US$100M Series B

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Waresix aims to digital transform Indonesia’s trucking and warehousing logistics landscape Indonesia-based trucking and warehousing tech startup Waresix has closed its Series B round of funding, accumulating a total of US$100 million over the year, the company announced in a statement yesterday. The logistics tech startup raised the funds from the company’s existing investors EV

Indonesian Logistics Tech Startup Waresix Cashes In US$100M Series B Read More »

Waresix aims to digital transform Indonesia’s trucking and warehousing logistics landscape Indonesia-based trucking and warehousing tech startup Waresix has closed its Series B round of funding, accumulating a total of US$100 million over the year, the company announced in a statement yesterday. The logistics tech startup raised the funds from the company’s existing investors EV

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When Should My Startup Raise a Bridge Round

When Should My Startup Raise a Bridge Round?

Leave a Comment / Finance, Fundraising & Accelerators, Latest - Home, Startup Toolkit /

From justifying burn rates and understanding how much funding is needed, to maneuvering around investor sentiments and tracking funding milestones, startup founders need to juggle several factors at the meeting table to ensure they have sufficient cash runway to keep afloat. And even then, sometimes, the runway is short.

When Should My Startup Raise a Bridge Round? Read More »

From justifying burn rates and understanding how much funding is needed, to maneuvering around investor sentiments and tracking funding milestones, startup founders need to juggle several factors at the meeting table to ensure they have sufficient cash runway to keep afloat. And even then, sometimes, the runway is short.

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Singaporean Digital Credit Score Developer CredoLab Raises US$7M Series A

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Since its inception, CredoLab has powered over $2 billion in loans issued by over 70 client lenders Singapore-based fintech startup CredoLab, which develops bank-grade digital credit scorecards, has raised US$7 million in a Series A funding round led by U.K.-headquartered Identity Data Intelligence firm GBG, the startup announced in a press release on Wednesday. The current round

Singaporean Digital Credit Score Developer CredoLab Raises US$7M Series A Read More »

Since its inception, CredoLab has powered over $2 billion in loans issued by over 70 client lenders Singapore-based fintech startup CredoLab, which develops bank-grade digital credit scorecards, has raised US$7 million in a Series A funding round led by U.K.-headquartered Identity Data Intelligence firm GBG, the startup announced in a press release on Wednesday. The current round

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Blockchain Services Startup Diginex Bags US$20M Ahead Of Backdoor U.S. Listing

Blockchain Services Startup Diginex Bags US$20M Ahead Of Backdoor U.S. Listing

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Diginex-owned EQUOS.io is set to become the first publicly-traded cryptocurrency exchange in the U.S. this month Diginex, a Hong Kong-based parent company of newly-launched cryptocurrency exchange EQUOS.io, has raised US$20 million ahead of its planned back-door Nasdaq listing at the end of this month, the startup announced in a statement on Tuesday. The current round of financing was

Blockchain Services Startup Diginex Bags US$20M Ahead Of Backdoor U.S. Listing Read More »

Diginex-owned EQUOS.io is set to become the first publicly-traded cryptocurrency exchange in the U.S. this month Diginex, a Hong Kong-based parent company of newly-launched cryptocurrency exchange EQUOS.io, has raised US$20 million ahead of its planned back-door Nasdaq listing at the end of this month, the startup announced in a statement on Tuesday. The current round of financing was

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Chinese Smart Consumer Tech Startup Dreame Raises US$14.6M Series B+

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Dreame has published more than 840 patent applications including 270+ invention patents to date     Chinese smart consumer technology startup Dreame Technology has raised nearly RMB100 million (US$14.6 million) in its Series B+ round of financing led by IDG Capital, the startup announced in a press release on Monday.   Edge Ventures and Peak

Chinese Smart Consumer Tech Startup Dreame Raises US$14.6M Series B+ Read More »

Dreame has published more than 840 patent applications including 270+ invention patents to date     Chinese smart consumer technology startup Dreame Technology has raised nearly RMB100 million (US$14.6 million) in its Series B+ round of financing led by IDG Capital, the startup announced in a press release on Monday.   Edge Ventures and Peak

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Chinese Logistics Startup Duckbill Snags US$30M In Pre-Series B Round

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Duckbill has experienced a 200% year-on-year increase in monthly transportation volume in three years     Chinese shipping container logistics platform Duckbill has raised US$30 million in a pre-Series B round of financing, according to a statement released yesterday by Lighthouse Capital, the financial advisor for the round.   The round was jointly led by Future Capital

Chinese Logistics Startup Duckbill Snags US$30M In Pre-Series B Round Read More »

Duckbill has experienced a 200% year-on-year increase in monthly transportation volume in three years     Chinese shipping container logistics platform Duckbill has raised US$30 million in a pre-Series B round of financing, according to a statement released yesterday by Lighthouse Capital, the financial advisor for the round.   The round was jointly led by Future Capital

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Tesla Enters Phase 3 Of Building The World’s Largest Virtual Power Plant In Australia

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The World’s Largest Virtual Power Plant will have a network of 50,000 rooftop solar and battery systems, and a capacity of 250MW, Tesla claims     In a bid to promote renewable energy usage and lower energy consumption bills, the Australian Renewable Energy Agency (ARENA), on behalf of the Australian Government, issued funding of US$8.2

Tesla Enters Phase 3 Of Building The World’s Largest Virtual Power Plant In Australia Read More »

The World’s Largest Virtual Power Plant will have a network of 50,000 rooftop solar and battery systems, and a capacity of 250MW, Tesla claims     In a bid to promote renewable energy usage and lower energy consumption bills, the Australian Renewable Energy Agency (ARENA), on behalf of the Australian Government, issued funding of US$8.2

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ICYMI: Last Week’s Funding Wave for Indian Startups

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Indian startups took home over US$300 million last week The last week was good to Indian startups in terms of funding, with several new rounds of funding as well as debt investments coming through. Over US$300 million was poured into the country’s startup community through varied funding avenues including early-stage funding, debt financing, and in

ICYMI: Last Week’s Funding Wave for Indian Startups Read More »

Indian startups took home over US$300 million last week The last week was good to Indian startups in terms of funding, with several new rounds of funding as well as debt investments coming through. Over US$300 million was poured into the country’s startup community through varied funding avenues including early-stage funding, debt financing, and in

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PasarPolis Bags US$54M In The Largest Series B Insurtech Startup Funding Round In SEA

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PasarPolis issued over 650 million policies to first-time customers in 2019 alone Indonesian insurtech startup PasarPolis has raised US$54 million in an oversubscribed Series B funding round, marking it the biggest Series B haul by an insurtech startup in Southeast Asia, PasarPolis announced in a statement yesterday. Investors who participated in the latest round of

PasarPolis Bags US$54M In The Largest Series B Insurtech Startup Funding Round In SEA Read More »

PasarPolis issued over 650 million policies to first-time customers in 2019 alone Indonesian insurtech startup PasarPolis has raised US$54 million in an oversubscribed Series B funding round, marking it the biggest Series B haul by an insurtech startup in Southeast Asia, PasarPolis announced in a statement yesterday. Investors who participated in the latest round of

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Unacademy Snags US$150M Led By SoftBank To Become India’s Second Edtech Unicorn

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Unacademy plans to use the latest investments to launch new products and expand its team Bengaluru-based online learning platform Unacademy has raised US$150 million at a valuation of $1.45 billion, to become the second Indian edtech startup to achieve unicorn status after BYJU’s, Unacademy announced in a press release yesterday. The round was led by

Unacademy Snags US$150M Led By SoftBank To Become India’s Second Edtech Unicorn Read More »

Unacademy plans to use the latest investments to launch new products and expand its team Bengaluru-based online learning platform Unacademy has raised US$150 million at a valuation of $1.45 billion, to become the second Indian edtech startup to achieve unicorn status after BYJU’s, Unacademy announced in a press release yesterday. The round was led by

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South Korean Slack Alternative Toss Lab Bags US$13M Series B Led By SoftBank

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Toss Lab’s collaboration platform JANDI sees surge in users acquired across Asian markets this year South Korean Software-as-a-Service (SaaS) company Toss Lab, which operates team communication and collaboration platform JANDI, has raised US$13 million in a Series B funding round led by SoftBank Ventures Asia, the startup announced in a statement today. SV Investment, Atinum

South Korean Slack Alternative Toss Lab Bags US$13M Series B Led By SoftBank Read More »

Toss Lab’s collaboration platform JANDI sees surge in users acquired across Asian markets this year South Korean Software-as-a-Service (SaaS) company Toss Lab, which operates team communication and collaboration platform JANDI, has raised US$13 million in a Series B funding round led by SoftBank Ventures Asia, the startup announced in a statement today. SV Investment, Atinum

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Japanese Biotech Startup bitBiome Raises US$6.6M Series B

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bitBiome aims to boost its genomics platform bit-MAP with the fresh round of funding Japanese microbiome analytics company bitBiome has secured a funding of JPY700 million (around US$6.6 million) in its Series B financing, the company announced in a statement today. The fresh capital was raised from Universal Materials Incubator, a venture capital firm specializing

Japanese Biotech Startup bitBiome Raises US$6.6M Series B Read More »

bitBiome aims to boost its genomics platform bit-MAP with the fresh round of funding Japanese microbiome analytics company bitBiome has secured a funding of JPY700 million (around US$6.6 million) in its Series B financing, the company announced in a statement today. The fresh capital was raised from Universal Materials Incubator, a venture capital firm specializing

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More Wins for Edtech: Eruditus Rakes In US$113M Series D Funding

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Eruditus is expected to double its profits this fiscal year Global edtech startup Eruditus has completed a Series D round of funding to the tune of US$113 million, the company announced in a statement today. The funding was led by U.S. growth equity firm Leeds Illuminate and Prosus Ventures, the venture investing arm of global

More Wins for Edtech: Eruditus Rakes In US$113M Series D Funding Read More »

Eruditus is expected to double its profits this fiscal year Global edtech startup Eruditus has completed a Series D round of funding to the tune of US$113 million, the company announced in a statement today. The funding was led by U.S. growth equity firm Leeds Illuminate and Prosus Ventures, the venture investing arm of global

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Indonesia Ecommerce Enabler SIRCLO Closes US$6M Series B

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The company is strategically positioned for growth, SIRCLO’s founder notes Indonesian ecommerce solutions company SIRCLO has closed a Series B round of funding at US$6 million, the company officially announced late last week. Investors in the Series B round include venture capital firms based in Jakarta, East Ventures and Skystar Capital, Indonesian bank OCBC NISP’s

Indonesia Ecommerce Enabler SIRCLO Closes US$6M Series B Read More »

The company is strategically positioned for growth, SIRCLO’s founder notes Indonesian ecommerce solutions company SIRCLO has closed a Series B round of funding at US$6 million, the company officially announced late last week. Investors in the Series B round include venture capital firms based in Jakarta, East Ventures and Skystar Capital, Indonesian bank OCBC NISP’s

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Cyient and IG Partners Announce Acquisition Plans

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Under the deal, IG Partners will come under Cyient ownership India-based global engineering and digital technology solutions company Cyient has made a proposal to acquire Australian consulting firm IG Partners, according to an announcement by the company today. Terms of the acquisition were not disclosed and are pending regulatory approvals. Further, under the transfer of

Cyient and IG Partners Announce Acquisition Plans Read More »

Under the deal, IG Partners will come under Cyient ownership India-based global engineering and digital technology solutions company Cyient has made a proposal to acquire Australian consulting firm IG Partners, according to an announcement by the company today. Terms of the acquisition were not disclosed and are pending regulatory approvals. Further, under the transfer of

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