Victory Farms, an aquaculture startup and farm for tilapia fish comprising hatcheries, nursery ponds and deep-water cages, has raised $5 million in new funding. The investment was led by Ed Brakeman, a senior managing director at Bain Capital and Hans den Bieman, founder and ex-CEO of Mowi, one of the largest salmon businesses globally. It …
Cybersecurity is crucial to any business – regardless of the size. In this digital world, making sure that data and cyber assets are protected is becoming more and more important yet also more and more convoluted. Romanian startup Cyscale wants to change this and has just picked up €3 million. The funding was led by… …
ChargeLab, a Toronto-based startup that builds software to operate and optimize electric vehicle charging equipment for fleets and commercial customers, has raised a $15 million Series A round. The round was led by King River Capital and notably includes participation from strategic investor ABB E-Mobility, a spinoff of technology company ABB that focuses on electric …
Berlin-based Zolar has bagged €100 million (~$105M) in Series C funding to expand its supplier network for small solar systems to meet rising demand for clean energy. Germany is particularly exposed to the energy crisis triggered by the war in Ukraine as it remains heavily dependent on Russian gas imports — meaning consumers there face …
Location intelligence startup GeoIQ has raised $2.25 Mn in an equity funding round from Lenskart and other existing investors–9Unicorns and Ecosystem Ventures. The fresh capital will be used for expanding its footprint across the globe, strengthening tech infrastructure and widening data team. The latest development comes years after GeoIQ last secured investment in November 2020. …
Cars24, a marketplace for used cars, has laid off about 600 people just five months after closing a $400 million financing round, the latest Indian unicorn to cut its workforce as it attempts to steer through the gloomy market conditions. The Cars24 layoff, which represents about 6% of the startup’s workforce, affects staff across multiple …
Estrella Galicia is one of Spain’s most iconic companies and a global leader in the beverage industry, bringing its beloved brew to beer lovers around the world. The company also has different beverage brands, such as Cabreiroá, Agua de Cuevas and Fontarel. Estrella Galicia’s brands are available in more than 30 countries (from Brazil to… …
Cryptocurrency exchange Binance is seeking an ‘ideal point’ for its India launch. The global exchange is also monitoring the changes in the Indian regulatory environment. Further, Binance is in talks with different stakeholders to understand the approach strategy for the South Asia market in a compliant manner, Coindesk reported. The exchange has reportedly shown hiring …
The reality is that one in three children has suffered mental health problems since the pandemic. During this time, many children became isolated and lost out on vital parts of childhood – the consequences are now being noticed. In 2022, we are now more aware of mental health and well-being and we are now more… …
Joining the likes of several growth and late stage startups, used car platform Cars24 has laid off 600 employees. A little under a fifteenth of its staff has been let go of in these layoffs. A Cars24 spokesperson confirmed the exits in a brief statement: “This is business as usual — performance linked exits that …