OneWeb to file for bankruptcy as effort to secure funding, including from investor SoftBank, falls through
April 25, 2020

Broadband constellation satellite operator OneWeb will file for bankruptcy protection in the U.S., likely some time Friday, after attempts to secure new funding, including from existing investor SoftBank, fell through, TechCrunch has learned. The Financial Times also reported on the Continue reading

With $23 million for its plant-based, liquid meals, Kate Farms pushes into consumer and healthcare
April 23, 2020

Kate Farms, the supplier of a plant-based liquid meal formula used by hospitals and healthcare providers around the country as a nutritional supplement for patients who cannot process solid foods, has raised $23 million in a round of funding. Continue reading

Enable raises $13M to help distributors, manufacturers and retailers manage rebates
March 27, 2020

Enable, a U.K. startup that has developed a cloud-based “rebate management solution” to help distributors, manufacturers and retailers manage rebates, is announcing $13 million in Series A funding.

The round is led by Menlo Ventures, with participation from Sierra Continue reading

Berlin venture studio Merantix raises $27M fund to concentrate on AI startups
February 21, 2020

Berlin-based Merantix, a venture studio that specifically concentrates on building “AI companies,” says it has raised a new €25 million fund ($27 million). Anchor investors include Trusted Insight, the Robert Wood Johnson Foundation, the W.K. Kellogg Foundation, as well Continue reading

Jiji raises $21M for its Africa online classifieds business
December 23, 2019

Pan-African digital classifieds company Jiji has raised $21 million in Series C and C-1 financing from six investors, led by Knuru Capital.

The Nigeria-based venture, co-founded by Ukrainian entrepreneur Vladimir Mnogoletniy, has an East to West presence that includes Continue reading

Lookiero closes $19M led by MMC Ventures to be the Stitch Fix for Europe
September 28, 2019

Lookiero, the online personal shopping service for clothes and accessories, has closed a $19 million funding round led by London-based VC MMC Ventures, with support from existing investor All Iron Ventures, and new investors Bonsai Partners, 10x and Santander Continue reading

Y Combinator-backed Trella brings transparency to Egypts trucking and shipping industry
September 3, 2019

Y Combinator has become one of the key ways that startups from emerging markets get the attention of American investors. And arguably no clutch of companies has benefitted more from Y Combinator’s attention than startups from emerging markets tackling the Continue reading

Fintech platform Synapse raises $33M to build the AWS of banking
July 6, 2019

Synapse, a San Francisco-based startup that operates a platform enabling banks and fintech companies to easily develop financial services, has closed a $33 million Series B to develop new products and go after international expansion.

The investment was led Continue reading