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Fundings & Exits

Karma raises $12M to let restaurants and grocery stores offer unsold food at a discount – TechCrunch

Karma raises $12M to let restaurants and grocery stores offer unsold food at a discount – TechCrunch Karma, the Stockholm-based startup that offers a marketplace to let local restaurants and grocery offer unsold food at a discount, has raised $12 million in Series A funding. Swedish investment firm Kinnevik led …

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Singapore’s Openspace Ventures closes new $135M fund for Southeast Asia – TechCrunch

Singapore’s Openspace Ventures closes new $135M fund for Southeast Asia – TechCrunch It seems like everyone is out there raising new funds in Southeast Asia. Weeks after we reported Golden Gate Ventures hit a first close on its third fund aimed at $100 million, so Openspace Ventures — the Singapore-based …

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China’s Didi beefs up its newly-independent car services business with an acquisition – TechCrunch

China’s Didi beefs up its newly-independent car services business with an acquisition – TechCrunch A week after spinning out its driver services business and giving it $1 billion in investment capital, Didi Chuxing has added to it through an acquisition. Xiaoju Automobile Solutions (XAS), which the Didi spinout is called, …

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WeWork China rival Ucommune raises $43.5M more at a $1.8B valuation – TechCrunch

WeWork China rival Ucommune raises $43.5M more at a $1.8B valuation – TechCrunch Barely weeks after WeWork China raised $500 million, one of its main rivals is refueling its tanks too. Ucommune — the company formerly known as UrWork until a WeWork lawsuit forced a rebrand — announced its $43.5 million …

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India’s budget hotel network OYO moves into wedding banquet services – TechCrunch

India’s budget hotel network OYO moves into wedding banquet services – TechCrunch OYO Rooms, the India-based budget hotel network that’s backed by SoftBank’s Vision fund, has prioritized expansion into China this year but that’s not all it’s up to. Back home in India, it just moved into the event hosting space …

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Three Indonesian tech unicorns unite to back digital insurance startup – TechCrunch

Three Indonesian tech unicorns unite to back digital insurance startup – TechCrunch It’s almost unheard of to see three unicorns join forces to fund a startup, but that’s exactly what has happened in Indonesia. Ride-hailing company Go-Jek, e-commerce firm Tokopedia and travel booking startup Traveloka — each of which is …

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Taiwan startup FunNow gets $5M Series A to help locals in Asian cities find last-minute things to do – TechCrunch

Taiwan startup FunNow gets $5M Series A to help locals in Asian cities find last-minute things to do – TechCrunch “Instant booking” apps that let tourists sign up for activities on very short notice have been in the news a lot lately, partly because of Klook’s new unicorn status, but …

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Singapore’s Golden Gate Ventures announces a $10M fund for crypto deals – TechCrunch

Singapore’s Golden Gate Ventures announces a $10M fund for crypto deals – TechCrunch VCs around the world are trying to wrap their head around crypto, and the new investment paradigm it brings. Some have made one-off deals but a few have jumped in off the deep end with dedicated crypto …

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SenSat, a UK startup that uses visual and spatial data to ‘simulate reality’, picks up $4.5M seed – TechCrunch

SenSat, a UK startup that uses visual and spatial data to ‘simulate reality’, picks up $4.5M seed – TechCrunch SenSat, a U.K. startup aiming to use visual and spatial data to “simulate reality” and help computers better understand the physical world, has raised $4.5 million in seed funding — cash …

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