P2P learning platform Brainly raises $14 million in new funding

Polish edtech company Brainly, developers of a peer-to-peer learning platform, has raised $14 million led by Kulczyk Investments with participation from previous investors Naspers, General Catalyst, Point Nine Capital, and Runa Capital. In addition to the investment, the company confirmed that it has reached 100 million monthly users. This growth, it said, was bolstered last […]

Delivery Hero acquires Kuwaiti startup Carriage to expand its Middle East operations

German take-away delivery marketplace Delivery Hero has acquired Carriage, a Kuwait-based food delivery startup. No terms were disclosed. Carriage, with around $1.3 million in seed funding, operates throughout the Middle East, providing food delivery for restaurants that do not offer the service or plan to discontinue their existing service. The acquisition will bolster Delivery Hero’s […]

Take-away ordering giant Delivery Hero raises massive €387 million in pre-IPO funding from Naspers

Take-away food ordering and delivery service Delivery Hero has raised €387 million (about $423 million) from Naspers, a global Internet and media group that often backs and acquires companies in Europe. The Berlin-headquartered company, one of Rocket Internet’s most successful portfolio companies, has raised more than $1.4 billion to date and currently enjoys a reported […]

Israel’s Twiggle raises $12.5 million to take on Amazon in product search

Twiggle, a digital commerce search engine powered by data science, artificial intelligence, and machine learning, has secured $12.5 million. Twiggle said in a statement that it intends to use the funds to continue its international expansion and challenge Amazon’s A9 search engine in digital commerce search. The Series A round for the Israeli startup was […]