Veo, a micromobility company, has announced the closing of a $16 million Series A funding round led by Autotech Ventures, with participation from UP.Partners, FJ Labs, and Interplay Ventures. Veo will use the funds to expand its footprint of custom-designed, shared-use scooters and bikes. “At Veo, we are laser-focused on the long term with high quality vehicles…
Milestone Technologies, a Silicon Valley based global IT managed services firm, has announced the acquisition of Software Management Consultants, Inc. (SMCI), a NextGen IT Consulting, Talent Management and Digital Solutions Provider based in Glendale, CA, USA. “I am thrilled to welcome the SMCI team, their customers, and partners to the Milestone family. We are very…
LetsDressUp (LDU) has received $300,000 in a pre-Series A funding round from Titan Capital and other investors. Sequoia Capital, Hauz Khas Ventures, Lykke Capital, investor Sweta Rau along with existing investors Kaushika Madhavan, Senior Partner at Mckinsey & Co – Abhishek Malhotra, COO of IIFL Wealth & Asset Management – Anshuman Maheshwary, Senior Partner at…
Titomic Limited has announced that its wholly owned subsidiary Titomic USA, Inc has completed the acquisition of the business of Tri-D Dynamics Inc on the terms set out previously on 22 April 2021. The Tri-D acquisition is another milestone in the Titomic strategy to be a global solutions leader in additive manufacturing, according to a…
Microsoft announced that it has entered into a definitive agreement to acquire RiskIQ, a global threat intelligence and attack surface management company. “The acquisition will help our shared customers build a more comprehensive view of the global threats to their businesses, better understand vulnerable internet-facing assets, and build world-class threat intelligence,” Eric Doerr, Vice President, Cloud Security,…
Mpower Financing, a company that provides education loans to international students, has raised $152.5 million from existing investor Tilden Park Capital Management and investment management firm King Street Capital Management, according to ETtech report. Other investors that participated in the round are Drakes Landing Associates and Pennington Alternative Income Management. “The round includes $100 million…
Pankhuri, a Bengaluru-based social community platform for women, announced it has raised $3.2 million in funding led by Surge, a rapid scale-up programme by Sequoia Capital India. India Quotient and Taurus Ventures also participated in the funding round. Founded in 2019 by Pankhuri Shrivastava, the platform provides users with information on topics, including beauty and personal care, through live and short videos, and…
Social commerce startup Trell has announced that it has secured $45 million in its series B funding round. The funding round saw participation from Mirae Asset, LB Investments, H&M Group, Samsung Ventures, KTB Network, and Fosun RZ Capital. Existing investors also participated in the latest round. “Trell has enabled millions of Indian language internet users to discover…
MPOWER Financing, a fintech platform and provider of education loans to students, has announced that it has raised an equity investment of $100 million. The funding is in addition to the $30 million MPOWER Financing raised earlier this year from Tilden Park Capital Management, which also participated in the current round, and ETS Strategic Capital…
Tridius Technologies, a Microsoft Gold Partner and application development consulting firm, has received a majority investment from Terralogic Solutions Inc., a global technology consulting firm backed by Paxion Capital to expand Terralogic’s portfolio of services in the technology industry. CEO Matthew Ramsey, CTO David Clark and EVP Kevin Wheat will retain a significant equity ownership…
Halo Technology Group, an independent manufacturer of fiber optic transceivers and high-speed cabling, has announced that it has completed two acquisitions to broaden its product portfolio and strengthen its global presence. Halo acquired ARIA Technologies, a designer, manufacturer, and provider of fiber optical connectivity solutions headquartered in the San Francisco Bay Area. Halo also acquired…
Mark43, a cloud-native public safety software company, has announced $101 million in Series E funding led by Tiger Global Management and The Spruce House Partnership. The Radcliff Companies, Australia’s 29th Prime Minister Malcolm Turnbull, and former Lord Mayor of Sydney Lucy Turnbull also participated in this round. They joined Goldman Sachs, General Catalyst, Spark Capital,…
Bambu has announced the acquisition of Tradesocio, a WealthTech company with 65 employees, specialising in investment management and trading technologies with offices in Singapore, India, and Dubai. According to a statement, “this acquisition significantly strengthens the combined business’ competitiveness globally. Bambu will have a presence in all major financial hubs and expanded digital wealth capabilities…
Titan Cloud Software has announced that it has acquired Canary Compliance. The move is the latest in a series of growth milestones for Titan Cloud and will enable the company to expand its environmental compliance solutions for SMBs in the retail fuel industry, a company statement said. “We are excited to welcome the Canary team…
Northleaf Capital Partners (Northleaf) has announced that it held the final closing for Northleaf Private Credit II (NPC II) and a related separately managed account, raising more than US$900 million to invest in performing loans to global mid-market companies. Including anticipated leverage, the total investible capital amounts to approximately US$1.2 billion. “We are pleased with…