Page 26 - Rocket Internet News Today

Only nine months into operations, Retailo has successfully closed a $6.7 million seed investment round, the largest seed capital raised by a Saudi startup. This brings the total investments raised by Retailo, the fastest growing B2B services platform in MENAP (Middle East, North Africa, Afghanistan and Pakistan), to $9 million. Retailo’s pre-seed funding of $2.3 million in

European startup studio eFounders has now been around for 10 years. And because a birthday sounds like a good opportunity to share some metrics, the portfolio companies have reached a valuation of $2 billion together — only 18 months after reaching $1 billion. eFounders says it is focused on building the future of work. In practical […]

Samantha Lee/Insider Special purpose acquisition companies, or SPACs, have a limited pool of businesses to buy. And with more capital chasing startups, not all the deals will be good for retail investors. Now, some blank-check companies are getting creative in how they source acquisition targets. The glut of special purpose acquisition companies formed at the start of last year are now more than halfway into their searches for a business to buy. As the clock ticks ...

ROCKET INTERNET GROWTH OPPORTUNITIES : ANNOUNCES THE SEPARATE TRADING OF ITS CLASS A ORDINARY SHARES AND WARRANTS, COMMENCING ON OR ABOUT MAY 13, 2021 05/10/2021 | 07:31am EDT Send by mail : Message : DGAP-News: Rocket Internet Growth Opportunities Corp. / Key word(s): Miscellaneous ROCKET INTERNET GROWTH OPPORTUNITIES CORP. ANNOUNCES THE SEPARATE TRADING OF ITS CLASS A ORDINARY SHARES AND WARRANTS, COMMENCING ON OR ABOUT MAY 13, 2021 10.05.2021 / 13:30 ROCKET INTERNET GROWTH OPPORTUNITIES ...

Rocket Internet Growth Opportunities Corp. Announces the Separate Trading of its Class A Ordinary Shares and Warrants, Commencing on or about May 13, 2021 ACCESSWIRE 10 May 2021, 21:55 GMT+10 GRAND CAYMAN, CAYMAN ISLANDS / ACCESSWIRE / May 10, 2021 / Rocket Internet Growth Opportunities Corp. (NYSE:RKTAU) (the Company) announced that holders of the units sold in the Companys initial public offering of 26,700,000 units (including 1,700,000 units sold in connection with the partial exercise of th...

Its members include US-based flying vehicle company Joby Aviation, UK-based genomic data analyser Congenica and India-based agricultural technology company MoooFarm, which uses sensors to monitor the health of cattle. “We are thrilled to be using the UAE as a platform and engage on the global stage with policy and business leaders, to help initiate and guide sustainability and technology initiatives,” Arjun Mohan, founder and chief executive of Tenderd, said in a statement. Tenderd offers c...

Retailo Concludes Seed Round, Secures $9 Million Total Investments Within 9 Months Of Operations Only nine months into operations, Retailo has successfully closed a $6.7 million seed investment round, the largest seed capital raised by a Saudi startup. This brings the total investments raised by Retailo, the fastest-growing B2B services platform in MENAP, to $9 million. Retailo’s pre-seed funding of $2.3 million in October 2020, led by Shorooq Partners, was also the largest ever pre-seed roun...

SG e-commerce aggregator Una Brands raises $40m in 500 Startups-backed seed round Una Brands Co-Founders (left-to-right) : Tobias Heusch, Kiren Tanna, and Kushal Patel. May 6, 2021 Una Brands, a Singapore-based startup co-founded by Kiren Tanna, the founder of Foodpanda and ZEN Rooms, announced raising $40 million in a seed round backed by global investors including 500 Startups, Kingsway Capital, 468 Capital, President Capital, and Global Founders Capital. The startup said it will use the fres...

Retailo, a startup that aims to simplify retail by using technology and increasing access by making supply chains uncomplicated and efficient, has secured $6.7 million in seed funding. — Photo provided by startup Retailo, a startup that aims to simplify retail by using technology and increasing access by making supply chains uncomplicated and efficient, has secured $6.7 million in seed funding, the company said in a statement on Thursday. The startup also secured $2.3m in a pre-seed funding ...

Retailo raises $6.7 million seed round Saudi Arabia-based B2B e-commerce marketplace Retailo, has raised a $6.7 million seed round, co-led by Shorooq Partners and Abercross Holdings, with participation from AgFunder and Arzan Venture Capital. Co-founded in 2020 by Talha Ansari, Mohammad Nowkhaiz and Wahaj Ahmed, Retailo provides a one-stop-shop for SMEs and small retailers, enabling them to discover and procure products for their stores.  The startup will utilise the investment to expand its r...