August 21, 2019

Tala secures $110M for digital lending

Tala, a provider of online loans and financial services to underbanked adults, has raised $110 million in a Series D round led by RPS. The Santa Monica, Calif.-based company plans to use the funding in part to expand its presence in India.

Y Combinator debuts record batch of startups

Y Combinator’s most recent batch of graduates tops out at 197 startups, its largest to date. Over the past two days, they’ve made their pitch to investors and members of the press. We look at how the prestigious accelerator program has grown over time and check in with YC CEO Michael Seibel.

Ranking startup ecosystems of 1,000 cities and 100 countries

Powered by Crunchbase data, StartupBlink has launched the Startup Ecosystem Rankings Report 2019 that now ranks 1,000 cities and 100 countries worldwide. This is our first report to track both momentum and trends within the global startup ecosystem. See how your city ranks.

Homeis closes on $12M for immigrant communities

Homeis, a digital platform for immigrant communities, has raised a $12 million Series A round led by Canaan Partners and Spark Capital. Founded in 2017, the New York company is currently active in several U.S. cities, with plans to expand to Europe.

Yijiupi drinks up $80M for online liquor operation

Chinese B2B online liquor trading startup Yijiupi has reportedly raised $80 million from Tencent Holdings as part of an ongoing Series D. The five-year-old company became a unicorn last September after raising $200 million in another Tencent-led round.

Versatile Natures raises $5.5M for building tech

Versatile Natures, a startup using machine learning and AI to improve construction processes, has raised $5.5 million in seed funding.

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Recent Investments

Tala

$110M / Series D

Tala is a mobile technology and data science company that is oriented around financial services in emerging markets.

Categories:

Big Data • Credit • Financial Services • Information Technology • Mobile • Software

Founders:

Shivani Siroya

Investors:

RPS Ventures (Lead), Data Collective DCVC, GGV Capital + 5 more

Yijiupi

$80M / Series D

Yijiupi is an e-commerce company that is restructuring the beverage supply chain.

Categories:

B2B • E-Commerce • Food and Beverage • Supply Chain Management • Wine And Spirits

Founders:

Sheng Qiang Chen, Shi Tao

Investors:

Tencent Holdings (Lead)

Starship Technologies

$40M / Series A

Starship Technologies is a company developing self-driving delivery robots.

Categories:

Artificial Intelligence • Delivery Service • Food Delivery • Robotics • Transportation

Founders:

Ahti Heinla, Janus Friis

Investors:

Morpheus Ventures (Lead), Matrix Partners, Metaplanet Holdings + 4 more

More Fundings

Company Amount / Round Lead Investor
Omescape $40M / Series A miHoYo
Zendrive $37M / Series B XL Innovate
Lunar Way 26M EUR / Venture Round Seed Capital
Capacity $13M / Series B -
Homeis $12M / Series A Canaan Partners
Fund That Flip $11M / Venture Round Edison Partners
Profitus 5.3M EUR / Equity Crowdfunding -
All Recent Funding Activity

Recent Acquisitions

NurseFly

Pending acquisition by IAC for $15M

More Acquisitions

Company Acquired By Amount
Scotty Labs DoorDash Unknown
All Recent Acquisition Activity

Upcoming Tech Events

JAX London 2019

October 7 - 10, 2019 in London

JAX London 2019 is the conference for java and software Innovation.

More Events

Start Date Event Location
Sep 3, 2019 Inbound 2019 Boston
Sep 12, 2019 Crowdsourcing Week Global Conference 2019 San Francisco
Sep 19, 2019 CE China 2019 Guangzhou
Nov 8, 2019 SUMMIT LA19 Los Angeles
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Demo Days

Start Date Event Location
Sep 8, 2019 Wealth/Stack Scottsdale
Sep 30, 2019 2019 Fall Cohort - sFoundation Startup Accelerator Unknown
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Accelerator Deadlines

Date Accelerator Location
Sep 1, 2019 EXPERT DOJO Santa Monica
Sep 15, 2019 Newark Venture Partners Newark
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