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Allocate banks $5M to open up venture capital fund access

TechCrunch

The world of venture capital investing is a relatively small one, and relationship-based to boot. The company, founded by Samir Kaji and Hana Yang in February 2021, is developing an approach to venture capital fund investing that provides a way for investors of any size to participate. Enter Allocate.

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Pangyo Techno Valley: Pioneering Global Urban Air Mobility Solutions

AsiaTechDaily

The 2nd Pangyo Business Support Hub with Drone Enterprise Support Center (Photo = beSUCCESS) In a bid to foster startups and venture companies that will lead the future drone and UAM market, the Korea Institute of Aviation Safety Technology has been operating the Drone Startup Support Center since 2017.

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WoodSpoon’s food delivery service cooks up support for home chefs with $14M round

TechCrunch

Restaurant Brands International led the round along with World Trade Ventures and a group of individual investors, including Victor Lazarte. The Series A also enables WoodSpoon to onboard its waitlist of hundreds of home chefs that want to join the marketplace. billion in 2025, according to consultancy firm Research and Markets.

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Tiger Global, Blume back Indian startup bringing safety — and intelligence — to EVs

TechCrunch

The New Delhi-based startup additionally offers platforms for cloud integration to enable remote diagnostics for fleet operations. It has to be digitally enabled for a quick evolution,” said Peeyush Asati, co-founder and CEO of Vecmocon, in an interview with TechCrunch. million in Vecmocon along with Blume Ventures. “We

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Rakuten and Beyond Next invest $1.4M seed funding in farm-to-table startup Secai Marche

TechCrunch

Secai Marche wants to streamline agricultural logistics, making fulfillment more cost-efficient and enabling food businesses to bundle products from different farmers into the same order. billion) by 2025, and 5 trillion JPY (about $46.1 billion) by 2025, and 5 trillion JPY (about $46.1 billion JPY (about $8.5 billion) in 2030.

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Insurtech giant Equisoft lands $125M investment, eyes acquisitions

TechCrunch

Montreal-based Equisoft , an insurance and investment software developer, today announced that it raised $125 million in venture equity. Romero founded Equisoft in 1994 along with a friend he’d worked with in the IT department of an actuarial consulting firm. billion in Q3 to $1.01 billion in Q4. $70

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EV charging platform Monta raises at $155M valuation to expand into the US

TechCrunch

It started in Europe, but it just raised an additional $30 million from Energize Ventures , at a $155 million valuation, to expand into the U.S. “We were really impressed by how much knowledge Juan Muldoon and the entire Energize Ventures team had about the EV market when we first connected. .”

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