Nigerian restaurant management platform Orda gets $1.1M, wants to be the Toast of Africa

by | Jan 18, 2022 | Features Technology

Cloud-based point of sales for small, medium and large-sized restaurants has increased tremendously in both size and popularity. The market, dominated by incumbents like Toast and upcoming players such as MarginEdge and Brazil’s Zak, has its value pegged at over $70...

Spendesk is the fifth French startup to reach unicorn status this month

by | Jan 18, 2022 | Features Technology

Fintech startup Spendesk is announcing that it has raised an extension to its Series C round. Tiger Global is investing $114 million (€100 million) in the startup. Following today’s funding round, the company says that is has reached a valuation of more than $1.14...

Crypto.com expands venture arm to $500 million to back early-stage web3 startups

by | Jan 18, 2022 | Features Technology

Crypto.com, a popular cryptocurrency exchange, has extended its venture arm’s fund size to $500 million as it looks to more aggressively back early-stage startups to help the nascent ecosystem grow, following similar moves by rivals Binance, Coinbase and FTX. The...

South Korean HR automation platform flex raises $32M Series B at a $287M valuation

by | Jan 18, 2022 | Features Technology

South Korea-based human resources management platform flex announced today it has closed a $32 million Series B round at a valuation of $298 million. The latest funding, which brings its total raised to $42 million, was led by Greenoaks, with participation from DST...

Focused on smaller cities, Vietnamese social commerce startup Mio raises $8M Series A

by | Jan 18, 2022 | Features Technology

Mio, the Vietnamese social commerce platform, has raised an $8 million Series A, less than a year after announcing its seed round. The funding was led by Jungle Ventures, Patamar Capital and Oliver Jung, with participation from returning investors GGV, Venturra,...

India’s Arya raises $60 million to provide farmers with finance and post-harvest services

by | Jan 17, 2022 | Features Technology

Indian agritech startup Arya, which reaches hundreds of thousands of farmers in the South Asian market and helps them store and sell their produce and secure credit, has raised $60 million in a new financing round as it enters a new phase of growth. Asia Impact SA,...