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Corporate expense management startup Volopay raises $29M in Series A round

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Volopay, a Singapore-based corporate cards provider and expense management startup, raised $29 million in Series A round as a mix of equity and debt. The funding round saw participation from JAM Fund, Winklevoss Capital Management, Rapyd Ventures, and Accial Capital, along with fintech veterans such as Jeffrey Cruttenden, CEO of Acorns; Sweta Rau, Founder of …

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Stämm Biotech raises $17M for its next-generation, 3D printed bioreactor

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In the past year, there’s been a lot of hype around biomanufacturing — from growing cell-based meat to microbe-powered medicine manufacturing. But none of synthetic biology’s darlings can exist without one key piece of equipment: a bioreactor. While the world debates how best to bring biology-fueled manufacturing into existence, one company is already rethinking its …

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Flashfood raises $12.3M to scale its grocery app that helps tackle retail food waste

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Toronto-based Flashfood, a mobile marketplace that provides customers with access to discounted food nearing its best-by date, has raised $12.3 million in Series A funding led by S2G Ventures. The app allows users to browse through available deals at participating stores near them. Customers can also purchase items directly in the app and then pick …

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Locofast raises $15M from Chiratae, Stellaris, others

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Locofast, a fashion supply chain platform, raised $15 million, in a Series A funding round, from Stellaris Venture Partners and Chiratae Ventures. The round, which is a mix of debt and equity, also saw participation from Kris Gopalakrishnan-led Axilor Ventures and angel investors including fintech firm Uni’s Nitin Gupta, and Suhail Sameer — BharatPe’s chief …

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Weee! delivers second big funding round in a year, this time backed by SoftBank

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Coming off of a year where monthly active users grew 150% year over year, multicultural e-grocer Weee! secured $425 million in Series E funding toward its goal to be “the primary source for food at home,” Larry Liu, Weee!’s founder and CEO, told me. It’s been a few years since we dug into what the …

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vedantu funding

Vedantu raises $100M, enters unicorn club

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Edtech startup Vedantu announced that it has raised $100 million in a Series E round led by Singapore-based ABC World Asia.  Existing investors Coatue, Tiger Global, GGV Capital, and WestBridge among others also participated in the round. With the fresh round, Vedantu’s valuation stands at $1 billion, making it the latest entrant in the unicorn …

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