Geothermal home heating gets a $30 million boost from Bill Gates’ Breakthrough Energy Ventures – ITPro.works

There’s a low energy solution to home heating and cooling sitting right underneath most houses, but until recently no one has been able to tap it. That solution is geothermal … Read More

Dublin’s Frontline Ventures raises new $83.8M seed fund for European B2B startups – ITPro.works

Dublin-based Frontline Ventures has released details of its new €70 million ($83.8M) Frontline Seed fund III which will be aimed at European B2B startups. The new fund will bring Frontline’s … Read More

Prosus Ventures leads $30 million investment in Indian agritech startup DeHaat – ITPro.works

Once overlooked, agritech startups are beginning to have a moment in India. On Tuesday, DeHaat, an online platform that offers full-stack agricultural services to farmers, said it has raised $30 … Read More

LAUNCHub Ventures heading towards a $85M fund for South Eastern European startups – ITPro.works

LAUNCHub Ventures, an early-stage European VC which concentrates mainly on Central Eastern (CEE) and South-Eastern Europe (SEE), has completed the first closing of its new fund at €44 million ($53.5M), … Read More

Union Square Ventures and Learn Capital file paperwork indicating new funds – ITPro.works

As 2020 comes to a long-awaited end, a series of filings indicate that venture capitalists are ending the year with fresh money. According to SEC paperwork, Learn Capital and USV … Read More

Seoul-based payment tech startup CHAI gets $60 million from Hanhwa, SoftBank Ventures Asia – ITPro.works

Demand for contactless payments and e-commerce has grown in South Korea during the COVID-19 pandemic. This is good news for payment service operators, but the market is very fragmented, so … Read More

Ada Ventures closes first fund at $50M, investing in diverse founders tacking society’s problems – ITPro.works

A year ago this week Ada Ventures — a U.K./Europe-focused VC with an “impact twist” aiming to invest in diverse founders tackling societal problems — launched onstage at ITPro.works Disrupt. … Read More

Index ventures into Latin America to back Sofia, a Mexico City-based telemedicine and health insurer – ITPro.works

Arturo Sanchez and his co-founders have spent the past two years developing the telemedicine and insurance platform, Sofia, as a way to give customers across Mexico better access to quality … Read More

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