Fundings & Exits

Goldman Sachs Invests $36M In Korean Food Delivery App Baedal Minjok

Baedal Minjok Seoul-based startup Woowa Brothers, which operates food delivery app Baedal Minjok, has announced that it has raised a 40 billion won (about $36 million) round led by Goldman Sachs. The capital will be used to improve Baedal Minjok’s technology and fuel its international expansion. Read More

Tiger Global Raises $2.5 Billion For New Deals

tiger Investment firm Tiger Global has aggressively pursued new deals this year, and now it has a lot more cash to do so. According to an SEC filing, the firm closed $2.5 billion in new funding, that comes a little more than 6 months after it raised a $1.5 billion fund in April. Read More

Mobile Marketplace Carousell Raises $6M Series A Led By Sequoia Capital

Carousell_productphoto Carousell, a mobile app marketplace that lets sellers upload items with a few taps on their smartphones, has raised $6 million in Series A funding led by Sequoia Capital. The Singaporean startup’s existing investors, Rakuten Ventures, Golden Gate Ventures, 500 Startups, and serial entrepreneur Darius Cheung, also returned for this round, which brings Carousell’s total raised so far… Read More

Applause Raises $765K From Salesforce CEO For Its Revamped Weight Loss App

revolution-foods If you’re worried about blowing your diet over the holidays – or perhaps, thinking about making a New Year’s resolution to “eat healthy” (you know, again) – an app called Applause, now seed funded by Salesforce CEO Marc Benioff, may help. The startup aims to bring to market a more lightweight food and activity tracking service combined with virtual… Read More

Rocket Internet-Backed Jumia Raises $150M For Its African E-Commerce Business

Screenshot 2014-11-26 17.19.00 Rocket Internet-backed online retail Jumia is in the money today, after the Africa-based company announced that it has raised €120 million ($150 million) in new funding. The company confirmed that the round was completed at a valuation of €445 million ($555 million). Read More

Singaporean Mobile Game Developer Inzen Raises $748,000 To Tackle The Chinese Market

Inzen Inzen, a Singapore-based mobile game developer, has raised a Series A round of $935,000 SGD (about $748,000). The company is setting its sights on China as it prepares to launch a new portfolio of titles for international markets next year. Its latest funding round, which brings the total Inzen has raised to $1,485,000 SGD (about $1,190,000) so far, was led by Japan’s Incubate Fund,… Read More

Two Rallies

microsoft-earnings Today Apple topped the $700 billion value market cap threshold during regular trading, a remarkable achievement. The company’s shares have since slipped some, but it’s impossible to deny the technology giant’s massive rally. Apple, a company that was once small enough to be dismissed whole-cloth is now not only the world’s most valuable technology company, it’s… Read More

Alexa Competitor SimilarWeb Raises $15M To Expand Into Mobile Analytics, App Engagement Insights

similarweb Online, and now, mobile measurement service SimilarWeb has raised $15 million in Series D funding from prior investors Naspers and angel investor Lord David Alliance, chairman of clothing catalog retailer N Brown Group, as the company prepares to expand its capabilities in terms of measuring mobile application data, including app engagement metrics. To date, Tel Aviv-headquartered… Read More

Roomer Lands $5M In Series A To Be The Airbnb For Unwanted Hotel Rooms

R-HP1 Roomer is doing for hotel rooms what Airbnb did for your very own home. According to the startup, which has just raised $5 million in Series A led by Disruptive, there are 81 million hotel room cancellations in the United States every year. Roomer tries to solve that problem by letting users sell their unwanted hotel room, which would otherwise cost a cancellation fee, at a discounted price.… Read More

Roomer Lands $5M In Series A To Be The Airbnb For Unwanted Hotel Rooms

R-HP1 Roomer is doing for hotel rooms what Airbnb did for your very own home. According to the startup, which has just raised $5 million in Series A led by Disruptive, there are 81 million hotel room cancellations in the United States every year. Roomer tries to solve that problem by letting users sell their unwanted hotel room, which would otherwise cost a cancellation fee, at a discounted price.… Read More