Tagged: tech startups

India’s Future Unicorns See $58bn Valuation Amid Rising Fintech Stars

India’s fintech sector is making significant strides, with the future unicorns currently valued at $58 billion, marking a 1.8% increase from the previous year. The latest ASK Private Wealth Hurun India Future Unicorn Index 2024, released by the Hurun Research Institute, showcases notable advancements and… Read More

Canada Tech Startup Ecosystem Continues to Attract Substantial Funding, Despite Recent Decline – Report

Tracxn, a global SaaS-based market intelligence platform, has released its Geo Quarterly Report: Canada Tech – Q3 2023. The report, based on Tracxn’s extensive database, “provides insights into the Canada Tech space.” The Canada Tech startup ecosystem “received its highest-ever funding of $5.12 billion in… Read More

US Startup Funding Drops by 44% in Q1 Compared to Same Quarter 2022: Report

US tech startup funding sank during Q1 2023 in contrast to the first quarter of 2022. According to a report, tech startup funding delivered the lowest amount of money in the past three years in Q4 2022. According to the report by Tracxn, Q4 2021… Read More

Wise Co-founder Taavet Hinrikus Partners on €250M Technology Fund

Taavet Hinrikus, the Co-founder of Fintech firm Wise, has launched Plural, a €250 million (appr. £216 million) investment platform aimed at supporting a new generation of technology startups and digital entrepreneurs. Other founders of the Group reportedly include Songkick businessman Ian Hogarth, tech investor Khaled… Read More

Buffalo, New York Now Ranks as One of the Fastest-Growing Startup Ecosystems in the US: Report

Following Buffalo’s inclusion as one of America’s “fastest-growing” startup cities in the York IE Fastest-Growing Startup Cities Report, Invest Buffalo Niagara, the area’s private-sector economic development and business attraction organization, announced that the former industrial town “saw record-breaking growth in its tech sector.” Buffalo’s startup… Read More

Pascal Wealthtech Chosen for NextSteps Program, which Supports Early-Stage Canadian Tech Firms

Pascal Wealthtech reveals that after “careful” consideration by the Selection Committee, they’ve been accepted into the NextSteps Program & Pitch Competition by BCF Ventures and MNP. An “exclusive” program meant to assist early-stage Canadian tech firms with achieving their growth objectives, the selection to participate… Read More

Vancouver Fintech Beanworks Set for $105M Acquisition by French Enterprise Services Company Quadient SA ADR

Vancouver-based Fintech firm Beanworks will reportedly be acquired for $105 million. As reported by BIV, Beanworks is considered a high-growth tech firm and its acquisition deal is estimated at over $100 million. French enterprise services company Quadient SA ADR stated on Monday (March 22, 2021)… Read More

Qatar Development Bank and Creative Startup Hub M7 Launch Incubator to Support Tech Firms and other Businesses

The Qatar Development Bank (QDB) and M7, a creative start-up hub that’s operated under Qatar Museums, are introducing Scale7, which is a business incubator for MENA region entrepreneurs. Scale 7 aims to support a creative and artistic ecosystem. The initiative will help Qatari entrepreneurs, local… Read More

Portugal based VC Firm Faber Closes €20.5 Million Round for its AI and Machine Learning focused Fund for European Startups

Portugal-based VC firm Faber has revealed that it has closed a €20.5 million round for Faber Tech II, which is a fund that will primarily focus on supporting early-stage initiatives. Faber plans to commit €30 million to the fund that will offer assistance to startups… Read More

Over 100 Tech Startups Have Secured £44.5M on Crowdcube

On Tuesday, Crowdcube announced that a grand total of 111 tech startup has secured £44.5 million through its equity crowdfunding platform. The Crowdcube team declared in a blog post:   “2015 was a record-breaking year here at Crowdcube as the equity crowdfunding market continued to grow at… Read More

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