Industrial cybersecurity startup Claroty raises $140M in pre-IPO funding round

Claroty, an industrial cybersecurity company that helps customers protect and manage their Internet of Things (IoT) and operational technology (OT) assets, has raised $140 million in its latest, and potentially last, round of funding.  With the new round of Series D funding, co-led by Bessemer and 40 North, the company has now amassed a total of […]

By working with home entrepreneurs, Jakarta-based DishServe is creating an even more asset-light version of cloud kitchens

Cloud kitchens are already meant to reduce the burden of infrastructure on food and beverage brands by providing them with centralized facilities to prepare meals for delivery. This means the responsibility falls on cloud kitchen operators to make sure they have enough locations to meet demand from F&B clients, while ensuring fast deliveries to end […]

Indonesian agritech platform TaniHub Group harvests a $65.5M Series B round

TaniHub Group, an Indonesian startup that helps farmers get better prices and more customers for their crops, has raised a $65.5 million Series B. The funding was led by MDI Ventures, the investment arm of Telkom Group, one of Indonesia’s largest telecoms, with participation from Add Ventures, BRI Ventures, Flourish Ventures, Intudo Ventures, Openspace Ventures, […]

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

Farmers and food businesses, like restaurants, deal with the same issue: a fragmented supply chain. 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. The company is headquartered in Japan, with operations in Malaysia, and plans to expand into […]

Chef Robotics raises $7.7M to help automate kitchens

A year and a half’s worth of global pandemic has had a profound impact on virtually every sector of the workforce. When it comes to future automation, food prep isn’t quite at the top of the list (that distinction likely goes to warehouse fulfillment, for the time being), but it’s certainly up there. And it’s […]

Hustle Fund wants to help spawn a new generation of angel investors

Kara Penn is the mother of four daughters and owner of Mission Spark, a management and strategy consulting company. And now, thanks to Hustle Fund, she is also an angel investor. Hustle Fund is coming out of stealth today with Angel Squad, a new initiative aimed at making angel investing more accessible to more people, […]

From bootstrapped to a $2.1B valuation, ReCharge raises $227M for subscription management platform

ReCharge, a provider of subscription management software for e-commerce, announced today that it has raised $227 million in a Series B growth round at a $2.1 billion valuation.  Summit Partners, ICONIQ Growth and Bain Capital Ventures provided the capital. Notably, Santa Monica, California-based ReCharge was bootstrapped for several years before raising $50 million in a […]

Personalized nutrition startup Zoe closes out Series B at $53M total raise

Personalized nutrition startup Zoe — named not for a person but after the Greek word for ‘life’ — has topped up its Series B round with $20M, bringing the total raised to $53M. The latest close of the B round was led by Ahren Innovation Capital, which the startup notes counts two Nobel laureates as […]

Longevity startup Longevica plans to launch supplements based on long-term research

A biotech company that has spent 11 years researching supplements to increase human longevity plans to launch its supplements later this year. Longevica says it has attracted a total of $13 million from investors, including Alexander Chikunov, a longevity investor, who is also president of the company. Longevica says it created a biotechnology platform for […]