Spendesk Adds $18M to its Series B Round from Eight Roads Ventures

French B2B Fintech welcomes new investor Eight Roads Ventures to support strong growth during the pandemic and Joseph Smith joins the team as CRO

Spendesk, the leading spend management platform for SMBs, today announced it has raised $18 million in addition to its Series B round last year ($38 million). The new investment comes from global VC fund Eight Roads Ventures and brings the total raised to $68.5 million. This funding will support the strong growth Spendesk has realised despite the current pandemic, which has accelerated digitisation of finance departments and increased the demand for spend management solutions.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201012005786/en/

New Spendesk CRO Joseph Smith (left) with CEO & Co-founder Rodolphe Ardant (right) (Photo: Business Wire)

“Many companies see inefficiency in dated processes such as shared company credit cards and manual receipt collection, particularly when their teams are working remotely. The

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Miko Raises INR 23 Cr In Pre-series B Round Led By Stride Ventures

Existing investors Chiratae Ventures, YourNest Venture Capital and NASSCOM former chairman Keshav Murugesh also participated in the round

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Mumbai-based startup Miko—founded in 2015 by IIT-Bombay graduates Sneh R. Vaswani, Prashant Iyengar and Chintan Raikar—has raised INR 23 crore in a pre-series B round led by Stride Ventures.

Existing investors Chiratae Ventures, YourNest Venture Capital and NASSCOM former chairman Keshav Murugesh also participated in the round.

The trio founded Emotix which focuses on creating emotionally intelligent solutions and its products leverage proprietary and state of the art artificial intelligence (AI), robotics and Internet-of-Things.

Launch Of Miko 2

After the success of their first generation of Miko, the robotics startup developed Miko 2—a puppy-sized

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Indonesia’s AC Ventures Targets New $80 Million Startup Fund

(Bloomberg) — AC Ventures, an Indonesia-focused venture capital firm, said it completed the first close of a planned $80 million technology investment fund.



a crane next to a body of water with a city in the background: A crane stands at a construction site in this aerial photograph taken in Jakarta, Indonesia, on Friday, Feb. 1, 2019. Indonesia is scheduled to release fourth-quarter gross domestic product (GDP) figures on Feb. 6.


© Bloomberg
A crane stands at a construction site in this aerial photograph taken in Jakarta, Indonesia, on Friday, Feb. 1, 2019. Indonesia is scheduled to release fourth-quarter gross domestic product (GDP) figures on Feb. 6.

The Jakarta-based company raised $56 million at the first close, according to its partners. The fund will invest in about 30 early-stage startups in areas including e-commerce and financial technology in the next three years.

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AC Ventures was established in 2019 after two homegrown Indonesian VC firms — Agaeti Ventures and Convergence Ventures — merged to create scale. Its three founding partners are Pandu Sjahrir and Michael Soerijadji, previously general partners of Agaeti Ventures, and Adrian Li, the former founder of Convergence Ventures. Together, they have backed more than

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AC Ventures Targets New $80 Million Indonesian Startup Fund

(Bloomberg) — AC Ventures, an Indonesia-focused venture capital firm, said it completed the first close of a planned $80 million technology investment fund.



a crane next to a body of water with a city in the background: A crane stands at a construction site in this aerial photograph taken in Jakarta, Indonesia, on Friday, Feb. 1, 2019. Indonesia is scheduled to release fourth-quarter gross domestic product (GDP) figures on Feb. 6.


© Bloomberg
A crane stands at a construction site in this aerial photograph taken in Jakarta, Indonesia, on Friday, Feb. 1, 2019. Indonesia is scheduled to release fourth-quarter gross domestic product (GDP) figures on Feb. 6.

The Jakarta-based company raised $56 million at the first close, according to its partners. The fund will invest in about 30 early-stage startups in areas including e-commerce and financial technology in the next three years.

Loading...

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AC Ventures was established in 2019 after two homegrown Indonesian VC firms — Agaeti Ventures and Convergence Ventures — merged to create scale. Its three founding partners are Pandu Sjahrir and Michael Soerijadji, previously general partners of Agaeti Ventures, and Adrian Li, the former founder of Convergence Ventures. Together, they have backed more than

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‘Sports D3’ (D-Cubed Ventures OU) Digital Assets Exchange Secures Operating License in the EU

‘Sports D3’ (D-Cubed Ventures OU)

'Sports D3' (D-Cubed Ventures OU)
‘Sports D3’ (D-Cubed Ventures OU)
‘Sports D3’ (D-Cubed Ventures OU)

TALLINN, Estonia, Oct. 08, 2020 (GLOBE NEWSWIRE) — ‘Sports D³’ (D-Cubed Ventures OU), a tokenization platform and digital assets exchange for the global sports industry, is pleased to announce that it has been granted an operating crypto-license by the Financial Intelligence Unit (FIU) of Estonia.

‘Sports D³’ provides professional sports teams with an innovative alternative to raising funds by facilitating crowd-formation of capital on its DLT-powered platform, where clubs are able to digitize, securitize and sell their assets to fan-investors in the form of Security Token Offerings (STO).

With the approval of a Virtual Currency Exchange and a Virtual Currency Wallet License, ‘Sports D³’ is now a fully regulated digital assets exchange, with the capability to deliver its solutions to sports clubs and their fans in 27 European jurisdictions. This milestone marks the next step

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Safe Blood for All! Launch of Blood.live by Bharath HealthCare P LIMITED, HealthTech division of Kotii Group of Technology Ventures R&D

Hyderabad (Telangana) [India], 8 October (ANI/Connect360PR): Bharath HealthCare P LIMITED, HealthTech division of Kotii Group launched BLOOD.live – A Real-time lifesaving platform with a core purpose of empowering crores of people across the world to save lives of family, friends, people around us who are fighting for life in the need of blood in real-time.

Blood.live app which is available free of cost on both Android and iOS platforms enables us to raise a need of blood anytime anywhere in India and across the world. This technologically sophisticated platform is made easy for people to use like any other real-time platforms such as OLA, Uber where you share your necessity of blood, location and needed details.

Blood.live is empowered by Mirracle Artificial Intelligence Engine – home grown HealthTech innovation of Bharath HealthCare bringing in the unique innovations such as Safe Blood for All, Blood Network, Boost Request, Golden Hour, Verified

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Future Energy Ventures Launches With Euro 250 Million Portfolio

BERLIN–(BUSINESS WIRE)–Oct 8, 2020–

Future Energy Ventures, a venture capital platform that invests in the digital technologies and digital business models redefining the energy landscape, has launched with €250 million invested capital in its portfolio. The new fund is the venturing and collaboration platform of the energy company E.ON investing in digital and digitally enabled technologies that have the potential to redefine the future energy landscape – providing funding, mentoring and connections to accelerate their growth trajectory.

The launch of Future Energy Ventures follows the completion of E.ON’s acquisition of innogy and brings together an enviable level of expertise and experience in investing and scaling future energy focused start-ups from across the E.ON and innogy venturing teams to create an industry leading venturing platform.

The fund, which is led by Ines Bergmann-Nolting and Jan Lozek, focuses on digital, scalable and asset-light businesses transforming the energy ecosystem seeking Series A and

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Agri-tech Startup Ergos Raises INR 38.5 Cr In Series A Funding From Chiratae Ventures

Of the total capital, Chiratae Ventures led the round with INR 23.5 crore while Aavishkaar Capital invested an additional INR 15 crore

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Stay informed and join our daily newsletter now!


3 min read

Opinions expressed by Entrepreneur contributors are their own.


You’re reading Entrepreneur India, an international franchise of Entrepreneur Media.

Agritech startup Ergos has raised INR 38.5 crore in Series A funding round from Chiratae Ventures and Aavishkaar Capital.

Of the total capital, Chiratae Ventures led the round with INR 23.5 crore while Aavishkaar Capital invested an additional INR 15 crore.

The equity round is expected to reach INR 80 crore with another institutional investor set to pump more capital in the startup, as per the company’s official statement.

Ergos has been working on a unique farm-gate based technology driver Grainbank model for the small and marginal farmers in India.

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Tracker Ventures Corp. Announces LOI to Acquire Majority Stake in Contakt World, an Emerging Digital Contact Tracing Company

Letter of Intent Designed to Strengthen its Technology and Resources through proposed 80.5% Acquisition of Contakt World

VANCOUVER, BC / ACCESSWIRE / October 6, 2020 / Tracker Ventures Corp. (“Tracker” or the “Company”) (CNSX:TKR)(OTC PINK:TLOOF)(FRA:B2I), an analytics software company listed on the Canadian Stock Exchange, is pleased to announce that it has entered into an arm’s length non-binding letter of intent (the “LOI”) to acquire a majority interest in Contakt LLC (“Contakt World”), a technology company modernizing the contact tracing process through next-gen data integrations, strategic health partnerships and respect for user privacy to empower and build mutual trust within communities (the “Acquisition”). The Acquisition is expected to close on or before December 31, 2020, subject to customary closing conditions.

Contakt World’s unique platform acts as a “sole source” provider of digital contact tracing and ethical health surveillance for government agencies, institutions, enterprises, and small businesses. It meets and exceeds

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Tracker Ventures Corp. Announces LOI to Acquire Majority Stake in Contakt World, an Emerging Digital Contact Tracing Company – Press Release

Letter of Intent Designed to Strengthen its Technology and Resources through proposed 80.5% Acquisition of Contakt World

VANCOUVER, BC / ACCESSWIRE / October 6, 2020 / Tracker Ventures Corp. (“Tracker” or the “Company“) (CNSX:TKR)(OTC PINK:TLOOF)(FRA:B2I), an analytics software company listed on the Canadian Stock Exchange, is pleased to announce that it has entered into an arm’s length non-binding letter of intent (the “LOI“) to acquire a majority interest in Contakt LLC (“Contakt World“), a technology company modernizing the contact tracing process through next-gen data integrations, strategic health partnerships and respect for user privacy to empower and build mutual trust within communities (the “Acquisition“). The Acquisition is expected to close on or before December 31, 2020, subject to customary closing conditions.

Contakt World’s unique platform acts as a “sole source” provider of digital contact tracing and ethical health surveillance for government

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