March 3, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes
NeuraLegion, a startup that focuses on dynamic application security testing and identifying business logic issues, today announced that it has changed its name to Bright Security. In addition, the company also said that it has raised $20 million in a Series A round led by Evolution Equity Partners. Previous investors DNX Ventures, J-Ventures, Fusion Fund […]
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UK’s ThirdFort nabs $20M for tools to help with ID verification, and detect money laundering and payment fraud
March 8, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes
Money laundering has been a hot topic of late in the UK, which is facing pressure to not just make tighter rules to track down the origins of money that’s spent on large assets in the country like prime real estate — the capital city has been dubbed by some as the “London laundromat” — […]
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Ghanaian fintech Dash raises $32.8M seed to build connected wallets for Africans
March 8, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes
Global financial transactions are facilitated mainly by payment processors such as Visa or Mastercard. They are responsible for communication between banks and fintechs to settle transactions for consumers and businesses swiftly. Africa has it different. It’s not a predominantly card continent. Telecoms and banks lead the majority of online financial transactions carried out in the […]
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Sequoia Capital India, STV back Dubai-based BNPL provider tabby in $54M extension round
March 7, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes
Tabby, the Dubai-based buy now, pay later (BNPL) platform that lets users shop, pay later and earn cash from over 3,000 global brands, including Adidas, IKEA and Bloomingdale, has completed a Series B extension of $54 million. It follows tabby’s initial Series B round of $50 million announced last August that valued the company at […]
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Infrastructure is broken, Gecko is using robotics to help fix it
March 7, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes
Gecko Robotics’ mission statement is “To protect today’s critical infrastructure, and give form to tomorrow’s.” It’s certainly the sort of thing that rings true in the startup’s home town of Pittsburgh, where the Fern Hollow Bridge collapsed under the weight of five vehicles in late-January, the day President Biden was visiting to talk infrastructure. Gecko’s […]
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Volocopter raises $170M, now valued at $1.87B, to fuel first commercial launches of flying taxi fleet in 2024
March 5, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes
Volocopter, the startup out of southern Germany (Bruchsal) that has been developing electric VTOL (vertical takeoff and landing) aircraft and a business model for operating them in taxi-style fleets in urban areas, has picked up another big round of funding as it inches closer to its first commercial launches. It raised $170 million, funding that […]
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Decipad wants to help everyone do data modelling
March 5, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes
Decipad, a no-code startup that’s aiming to disrupt spreadsheets with accessible tools that empower people to play around with numbers, has nabbed $5 million in seed funding. Put simply, it’s building an interactive notebook to help non-technical people do data modelling. “We are building for people that lack the technical skill to do cool things […]
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Owner.com whips up new tools for independent restaurants following funding
March 4, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes
Six months after taking in its initial funding to provide independent restaurants with online ordering tools, Owner.com is back with an expanded suite of offerings around delivery and marketing automation after securing $15 million in fresh funding. Aiming to manage a restaurant’s entire digital presence, the company has relaunched itself to offer new tools for […]
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Australian fintech Zeller raises $100M AUD Series B at $1B AUD valuation
March 4, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes
Zeller, the Australian neobank for SMBs, has raised a $100 million AUD Series B (about $72.7 million USD), doubling its valuation to more than $1 billion AUD (about $727 million USD). The funding was led by Headline, with participation from Australian superannuation fund Hostplus. Returning investors included Square Peg, Addition and Spark Capital. The fintech […]
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99minutos clocks in fresh capital for logistics infrastructure in Latin America
March 3, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes
99minutos, a logistics service company for e-commerce vendors across Latin America, is making fast work out of attracting funding. It announced today $82 million in Series C funding, led by Oak HC/FT, with participation from existing investors Kaszek and Prosus Ventures. The last round follows a $40 million Series B investment last May from Prosus […]
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NeuraLegion becomes Bright Security and raises $20M Series A
March 3, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes
NeuraLegion, a startup that focuses on dynamic application security testing and identifying business logic issues, today announced that it has changed its name to Bright Security. In addition, the company also said that it has raised $20 million in a Series A round led by Evolution Equity Partners. Previous investors DNX Ventures, J-Ventures, Fusion Fund […]
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