Iflix raises $133M for its Netflix-style service for emerging markets

Iflix, an Asia-based startup providing Netflix-like streaming services in emerging markets, has landed $133 million in fresh funding to accelerate its business. The investment was led by U.S. media conglomerate Hearst, which counts BuzzFeed, Vice and Roku among its investment…

Ritual Vitamins pulls in $10.5 million from Founders Fund to scale the business

Ritual Vitamins has raised $10.5 million in Series A venture funding to attract talent, scale the business and build in-house technology for customer experience and support. Ritual first launched as a Disrupt NY Battlefield 2016 contestant with interest and angel funding…

China’s Didi invests in Taxify, an Uber rival operating in Europe and Africa

Didi Chuxing, the ride-sharing company that forced Uber out of China, has expanded its increasingly global empire after it made an undisclosed investment in Taxify, an Uber-like service that operates in Europe and Africa. Four-year-old Taxify is headquartered in Estonia…

500 Startups shuts down its Canada fund

Following sexual harassment allegations that led to the resignation of 500 Startups co-founder Dave McClure, it’s now emerged that the troubled VC firm has abandoned its Canada fund. According to reports in The Globe and Mail and BetaKit, the saga made it…