GoStudent Raises $340M Series D funding round as it pushes into international markets

Fresh from raising a $244 million Series C (that valued the company then $1.7 billion) back in June, K12 online tutoring marketplace GoStudent has now raised a $340 million Series D round led by new investor Prosus, an Amsterdam-based investment firm best known for investing in Latin American and US-based LatinX internet properties. GoStudent expanded […]

Is cell-cultured meat ready for prime time?

Meat has been part of the human diet since before we found fire, but it’s becoming increasingly apparent that the production of meat at scale is more of a detriment to the environment and the world than a benefit. Across cultures and geographies, animals have been such a vital part of the food chain that […]

Kodland, which teaches kids digital skills, grabs $9M to scale its online coding school

London-based Kodland, which started out back in 2018 offering in-person courses for children to learn digital skills like computer programming before switching focus to online learning from early 2020, has closed a $9M Series A funding round to scale into more markets. The round is led by Redseed Ventures, with participation from Baring Vostok, Kismet, […]

SoftBank in talks to back India’s ElasticRun

SoftBank Vision Fund 2 and Goldman Sachs are in talks to back Indian commerce startup ElasticRun, according to four people familiar with the matter. The proposed Series E financing round, whose size is about $200 million, values Elastic Run at over $1 billion, the sources said, requesting anonymity as the deliberations are ongoing and private. […]

African tech took center stage in 2021

Two years ago, the African tech ecosystem saw newfound attention from global players that translated to the continent’s best year of receiving venture capital. From varying sources, it is estimated up to $2 billion went into African tech startups in 2019. With high-profile visits from the most famous Jacks (Ma and Dorsey), a long-awaited first […]

India’s GlobalBees joins unicorn club for its Thrasio-like house of brands

GlobalBees, which raised one of the largest Series A financing rounds in India earlier this year, has entered the unicorn club as the New Delhi-headquartered firm scales its Thrasio-like house of brands. Premji Invest, the investment firm controlled by Indian tycoon Azim Premji, led the nine-month-old startup’s Series B financing round, the young firm disclosed […]

Indian e-commerce startup Snapdeal files for IPO

Snapdeal filed for an initial public offering on Tuesday, joining a number of firms in India that have tapped the public market this year. The New Delhi-based startup, which counts SoftBank among its backers, said in its draft prospectus that it will issue fresh shares worth $165 million. Some of its existing investors including SoftBank, […]