From Online payment to eCommerce
Volocopter extends Series C funding to $94M with backing from logistics giant DB Schenker and others
Autonomous air mobility company Volocopter has added to the Series C funding round it announced in September 2019. The German electric vertical take-off and landing (eVTOL) aircraft maker announced €50 million ($54 million at today’s exchange rate) in funding at the time, and the C round has now grown to €87 million ($94 million) thanks […]
Afternoon News Roundup: JD.id becomes Indonesia’s 6th unicorn after funding from gojek
Finance JD.id to confirm unicorn status after closing funding from gojek After a rumoured funding from gojek since last year, today Indonesia-based e-commerce company JD.id announced today that it has received an undisclosed amount of funding from gojek, DailySocial has reported. This round takes the company’s total valuation to over US$1 billion, making it […]
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Tier Mobility, the European e-scooter rentals startup, adds another ~$40M to its Series B
Tier, the European e-scooter rentals startup that operates in 55 cities across 11 countries, has topped up its funding for the second time in four months. The Berlin-based company has extended its Series B round to over $100 million, up from $60 million disclosed in October. The additional capital is a mix of equity and […]
Morning News Roundup: Indonesian e-procurement startup Mbiz raises a US$20M Series B funding
Finance Indonesian e-procurement platform Mbiz raises US$20M in Series B funding Indonesia-based B2B-targeted e-procurement platform Mbiz has raised US$20 million in Series B funding. This follows a Series A investment from Tokyo Century Corporation in 2017. According to a DailySocial report, the funding will be used to focus on in-country expansion for the next two years to increase e-procurement […]
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EV fleet management gets another venture-backed contender as Electriphi raises $3.5 million
Electriphi, a provider of charging management and fleet monitoring software for electric vehicles, has joined the scrum of startups looking to provide services to the growing number of electric vehicle fleets in the U.S. The San Francisco-based company has just raised $3.5 million in seed funding from investors, including Wireframe Ventures, the Urban Innovation Fund […]
At Tock, this restaurant group owner and former trader is building a Spotify for reservations
Tock, a six-year-old, Chicago-based culinary reservation service, has never had the kind of brand-recognition that other companies in the space have enjoyed, from publicly traded OpenTable to Resy, the New York-based company that was founded in 2014 and acquired last year for undisclosed terms by American Express. That’s because Tock has relatively quietly been supporting […]