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Data automotive startup Otonomo to go public via SPAC

Otonomo, the cloud-based software startup that help companies capture and monetize connected car data, is headed to the public market. The Israeli-based startup said Monday it has agreed to merge with

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DesignCrowd raises $10 million AUD to grow its DIY platform, BrandCrowd

DesignCrowd announced today it has raised $10 million AUD (about $7.6 billion USD) in pre-IPO funding. The capital will be used on hiring and product development, with the goal of accelerating the gro

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Chefclub raises $17 million to expand its food media brand beyond social networks

French startup Chefclub announced earlier this week that it has raised a $17 million funding round led by First Bridge Ventures. SEB Alliance, the venture arm of kitchen appliance maker Groupe SEB, Ko

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Alma raises $59.4 million for its Klarna-like payment option

French startup Alma is raising a $59.4 million Series B funding round (€49 million). The company has been building a new payment option for expensive good. You can choose to pay over three or four ins

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Cloud infrastructure startup CloudNatix gets $4.5 million seed round led by DNX Ventures

CloudNatix founder and chief executive officer Rohit SethCloudNatix, a startup that provides infrastructure for businesses with multiple cloud and on-premise operations, announced it has raised $4.5 m

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Drone-focused construction startup TraceAir raises $3.5M

Bay Area-based construction startup TraceAir today announced a $3.5 million Series A. Led by London-based XTX Ventures, this round brings the company’s total funding up to $7 million. The raise includ

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Ad-supported EV charging network developer Volta raises $125 million

Volta, the developer of a network of electric vehicle charging stations that monetize using advertising, has raised $125 million in new funding in a process managed by Goldman Sachs.Volta builds and o

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Corporate credit card platform Moss raises $25.5 million

German startup Moss has raised a $25.5 million (€21 million) funding round led by Valar Ventures. Existing investors Cherry Ventures and Global Founders Capital are also participating. Moss provides c

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Lumiata raises $14 million for its service to predict healthcare outcomes

Healthcare systems are always looking out for ways to save money and a startup called Lumiata has just raised $14 million to continue building out its service that aims to help them do it. The company

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Grab Financial Group raises $300 million Series A led by Hanhwa Asset Management

Grab Financial Group said today it has raised more than $300 million in Series A funding, led by South Korean firm Hanhwa Asset Management, with participation from K3 Ventures, GGV Capital, Arbor Vent

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Indonesian robo-advisor app Bibit raises $30 million led by Sequoia Capital India

Bibit, a robo-advisor app that wants to make investing more accessible in Indonesia, has raised $30 million from Sequoia Capital India. Returning investors East Ventures, EV Growth, AC Ventures and 50

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China mulls revising regulation on foreign insurance companies

File photo of the China Banking and Insurance Regulatory Commission in Beijing. /CFP China's banking and insurance regulator mulls to scrap ownership caps on life insurance joint ventures in C

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Umba, a digital bank for emerging markets, raises $2M Seed funding to expand across Africa

Umba, a digital bank for emerging markets and aiming first at Africa, has secured a $2 million seed funding round from new investors including Lachy Groom, ex-Head of Issuing at Stripe; Ludlow Venture

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Dry cleaning robotics startup Presso raises $1.6M as it shifts focus to Hollywood

Robotic dry cleaning startup Presso today announced that it has closed a $1.6 million pre-seed with investment from Pathbreaker, AME Cloud Ventures, SOSV, 1517 Fund and YETI Capital. The Atlanta-base

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Get a taste of TC Sessions: Space 2020 with an Expo Ticket

If your event budget is more like dental floss than a shoestring, this is your lucky day. Our $25 Expo Only ticket offers affordable access to an impressive array of presentations — and opportunity —

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Providing healthcare to lower-income communities values Cityblock Health at $1 billion

Cityblock Health, a company that provides healthcare services to low-income communities, is now commanding a high-priced valuation of over $1 billion after venture capitalists poured $160 million into

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Hunters raises additional growth funding from Snowflake Ventures

Only a few months after announcing its $15 million Series A round, Tel Aviv-based cybersecurity firm Hunters today announced that it has received additional growth funding from Snowflake Ventures. Wit