Startups with scaling ambitions dashed amid plummeting venture capital funding opportunities due to COVID-19, could re-emerge into growth opportunities if they can ride out the immediate economic downturn.
venture capital
Investor support for Insurtech amid pandemic
Insurtech company PolicyStreet has raised $US1.8 million in Series A funding to further expand into the South East Asian market.
Datch Voice AI secures $3.2M seed round
Australian and New Zealand co-founders secure $US3.2 million in seed funding for their ‘Voice-Visual’ AI assistant for industry.
Franco-Sino Midcap II fund locks in $850 mil
French-Chinese private equity firm, Cathay Capital PE has raised $US850 million to fuel international expansion of middle-market companies in China, North America and Europe.
Investment flows to remote work security
Singapore-based AI-powered data protection company, Dathena says it’s closed a $US12 million Series A funding round, amid the surge in remote working, fueled by coronavirus.
Chinese VC looks past volatility, backs EVs
Chinese venture capital fund, Fosun RZ Capital has thrown its support behind electric motor producer, IRP Systems, as the Israeli company raises $US17 million in Series B funding.
Mobile money flows post corona
Digital wallet provider, Hubpay launches seed funding round, with mobile money flows predicted to accelerate in post COVID-19 economy.
Workplace compliance tech locks in capital
US CultureTech platform, Emtrain raises $US8 million, with the company citing increasing demand as the global pandemic creates new workplace culture challenges.
VC pivots amid coronavirus
Startups with scaling ambitions dashed amid plummeting venture capital funding opportunities due to coronavirus, could re-emerge into significant growth opportunities if they can ride out the immediate economic downturn.
Hargol FoodTech bolsters financing
Hargol FoodTech secures a $US3 million investment round, as it ramps up its commercial grasshopper farming operation.
PowerPlant joins The Collaborative
Disruptive natural food brand, The Collaborative secures a $US7 million Series A investment from PowerPlant Ventures.