Japan’s Terra Drone lands $70M Series B funding to accelerate global expansion  – TechCrunch

As the use of aircraft like drones, electric vertical take-off and landing vehicles and uncrewed aerial vehicles take off, Japanese startup Terra Drone wants to make sure trafficking the skies doesn’t get overlooked. “Our airspace is going to get more crowded than ever, but most companies today are concentrating only on hardware development,” said Terra…

SME lending platform Validus acquires Citi Singapore’s CitiBusiness loan portfolio  – TechCrunch

Validus, a Singapore-based lending platform for small and medium-sized enterprises, is acquiring CitiBusiness’ loan portfolio for an undisclosed amount to bolster its top-line revenue and customer base and expand its growing loan book.  Nikhilesh Goel, co-founder and CEO of Validus, told TechCrunch that Validus expects to create synergies with the loan portfolio of CitiBusiness, Citi…

Learn which startups strategic mobility investors are seeking at TC Sessions: Mobility – TechCrunch

Scaling an autonomous vehicle or EV startup often requires eye-popping amounts of capital that only hedge funds, strategic venture arms and institutional investors have the appetite and funds for.  In the past two years, those capital needs have prompted dozens of mobility startups to turn to either public markets or deep-pocketed hedge funds and venture…

CommerceIQ gets its horn as capital continues to flow into e-commerce infrastructure startups – TechCrunch

When much of the shopping shifted online during the global pandemic, startups developing software and other products to aid the transition began to garner attention from venture capital firms. We’ve seen companies across the e-commerce infrastructure and enablement ecosystem pick up larger and larger rounds, and CommerceIQ is the latest to secure late-stage financing. The…