adwoa beauty Raises $4M in Funding
adwoa beauty, a Dallas, TX-based hair texture brand, secured $4m in funding. Pendulum made the investment. The company intends to use the funds for new product development, increase of staffing to support the brand at all levels, and investment in brand awareness and retail support. Founded in 2017 by Julian Addo, adwoa beauty created products with […]
Remento Raises $3M in Seed Funding
Remento, a Los Angeles, CA-based company dedicated to capturing and preserving family stories, raised $3M in Seed funding. The round was led by Upfront Ventures, with participation from Brooke Hammerling, Chuck Davis, Dan Nova, Emmy Rossum, Sam Esmail, and Sarah Harden. The company intends to use the funds to expand hiring and extend current research and development efforts. Led by CEO […]
Muck Rack Raises $180M in Series A Funding
Muck Rack, a Miami, FL-based provider of a Public Relations Management (PRM) platform for organizations to find the right journalists to pitch, report on media coverage, and prove the value of their work, raised $180M in Series A funding. The minority investment was made by Susquehanna Growth Equity (SGE). This is the first institutional capital […]
Cour Pharmaceuticals Raises $30M in Funding
Cour Pharmaceuticals, a Chicago, IL-based clinical-stage biotechnology company developing novel immune-modifying nanoparticles (COUR NanoParticles or CNPs) designed to reprogram the immune system in treating autoimmune disorders, raised $30M in funding. The round was led by Alpha Wave Ventures. As part of the financing, Chris Dimitropoulos, Managing Director, Biotechnology at Alpha Wave Global, will join COUR’s Board […]
wi-Q Raises £3M in Funding
wi-Q, a Manchester, UK-based digital payments startup, raised £3m in funding. The round was led by Praetura Ventures. The company intends to use the funds to enhance its product offering and expand its international presence. Founded in 2014 and led by Patience Tucker, CEO, wi-Q provides mobile ordering and payment solutions to the hospitality and […]
Neukio Biotherapeutics Closes $50M Series A-1 Financing
Neukio Biotherapeutics, a Chinese company committed to developing cell therapy products, raised $50M in Series A-1 funding. The round was led by CD Capital, with participation from Alwin Capital, Surplus Capital, Lilly Asia Ventures, Sherpa Healthcare Partners and IDG Capital. The company, founded at the Simbay Park in Shanghai Pilot Free Trade Zone (China) in June […]
Grab rival Be Group gets $60M loan for Vietnam expansion – report
Vietnam-based ride-hailing start-up Be Group JSC said it had received a loan facility of at least $60 million, as it seeks to further challenge Grab Holdings Ltd in the country, Bloomberg reported on Monday. The loan from Deutsche Bank AG includes a provision that would allow financing to increase to as much as $100 million, Be Group chief executive […]
Singapore B2B commerce enabler Eezee raises $7.5m to expand across SE Asia
Eezee, a Singapore-based B2B procurement startup, revealed that it has raised $7.5 million in its Series A funding round that will fuel its further expansion in Southeast Asia. The funding round was led by Ayala Corporate Technology Innovation Venture Fund (ACTIVE Fund), one of Southeast Asia’s top corporate venture capital firms backed by Ayala Corporation and […]
Online used car retailer Carro posts record $464m revenue
Carro, Southeast Asia’s largest online used car retailer, announced that it more than doubled its revenue and gross profit to a record in its last financial year, achieving more than S$650 million ($464 million) in revenue. It is currently tracking at over S$1.3 billion in run-rate revenue and is poised to deliver another 2x growth in […]
Singapore’s Monk’s Hill Ventures leads Starboard’s $3.5m pre-Series A funding
Singapore-based venture capital (VC) investor Monk’s Hill Ventures has led the $3.5-million pre-Series A funding in Starboard, a platform for founders to start and run their companies globally. The funding round was also backed by Actium Partners, Iterative Capital, Bruno Poh (General Counsel, Lyte Ventures), Lelaina Lim (CFO, Eu Yang Sang International Limited), Michael Tor (Executive Director, UOB), Soh Gin […]