Validus, a Singapore-based digital lending platform for small and medium businesses, has secured $ 50 million in debt financing from HSBC under the ASEAN Growth Fund strategy. Validus will use the proceeds to support the financial inclusion of micro, small and medium enterprises (MSMEs) in Indonesia, addressing the challenges they face in accessing financial resources. […]
Founders Fund leads financing of composites startup Layup Parts
Scarcely five months after its founding, hard tech startup Layup Parts has landed a $ 9 million round of financing led by Founders Fund to transform composites manufacturing. Lux Capital and Haystack also participated. The breakneck pace is more than a subtle indication that investors’ appetite for tech-focused solutions to the woes of the American industrial […]
Evernote and Meetup owner Bending Spoons raises $155M in equity financing
Bending Spoons, the owner of popular apps and services like Evernote and Meetup, announced today that it has raised $ 155 million in a new equity financing round at a $ 2.55 billion post-money valuation. Durable Capital Partners led the round with existing investors, such as Baillie Gifford, Cox Enterprises, NB Renaissance, NUO Capital and […]