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EV Shuttle and School Bus Manufacturer Endera Gains $49 Million to Support Growth

American Entrepreneurship

Magnetar, a global multi-strategy alternative asset manager, with additional support from Pulse Fund and strategic partner Pritchard Auto Company, made a $36 million equity contribution to the five-year-old company. In addition, Endera secured a $13 million credit facility.

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Chegg Donates $50K to Stevens Institute of Technology, Fueling Student Innovation

American Entrepreneurship

At the same time, Launchpad@Stevens supports student innovation by providing mentorship, funding, and networking opportunities. Empowering Student Entrepreneurship The $50,000 donation from Chegg will be instrumental in supporting student-led startups, providing funding for materials, supplies, and essential technological resources.

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Japanese e-commerce enabler AnyMind raises funding in equity, debt for acquisitions

TechCrunch

Japanese commerce enabler AnyMind , which helps brands and influencers’ online operations, has closed a ¥5 billion (approximately $36 million) Series D round on the back of that boost to make additional acquisitions in Japan and globally. AnyMind offers a number of services for brands and online business operators.

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WoodSpoon’s food delivery service cooks up support for home chefs with $14M round

TechCrunch

New York-based WoodSpoon was started in 2019 by Oren Saar and Merav Kalish Rozengarten, two Israelis in America that longed for the food they grew up with. The Series A also enables WoodSpoon to onboard its waitlist of hundreds of home chefs that want to join the marketplace. billion in 2021, and then reach $192.16

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Kenyan tech-enabled logistics platform Amitruck raises $4 million, embarks on Uganda, Tanzania expansion

TechCrunch

Amitruck , a Kenyan tech-enabled logistics platform, is one such provider of solutions that streamline the shipping market. Besides, the startup provides operational support. “We’re Amitruck’s solution is ideal for bringing the industry into the 21st century,” he said. The goods ferried by Amitruck’s partners are insured.

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Colombia’s Bold raises $55M in Tiger Global-led round to enable digital payments in LatAm

TechCrunch

Bold , a technology company working to enable financial access to electronic payments in Colombia, has raised $55 million in a Series B funding round led by Tiger Global Management. It claims that merchants supported by Bold have seen sales grow about 25% on average simply by enabling digital payments. . “If

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Wellth Raises $10M in Series A Funding

Dream It

With 85% quarter-on-quarter and 403% year-on-year enrollment growth in Q1 2020, Wellth plans to use this new capital to support rapid scaling to address larger and broader populations of patients. The current coronavirus pandemic has further increased the need to support the health of vulnerable populations remotely with digital tools.

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