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Pekan Designs | Digital Agency for Innovative Web and App Design

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Anti-fraud startup Fraugster score $14M Series B

Fraugster, the Berlin-based startup that uses artificial intelligence to prevent fraud for online retailers, has raised $14 million in a Series B funding. The round is led by CommerzVentures, the venture capital subsidiary of Commerzbank, alongside early Fraugster investors Earlybird, Speedinvest, Seedcamp, and Rancilio Cube. Notably, Munich Re/HSB Ventures, the VC arm of global reinsurer […]

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Monashees raises $150 million for its eighth Latin American fund

As technology investment and exits continue to rise across Brazil, early stage venture capital firm monashees today announced that it has closed on $150 million for its eighth investment fund. Commitments came from Temasek, the sovereign wealth fund affiliated with the Singaporean government, China’s financial technology company, CreditEase; Instagram co-founder Mike Krieger, the University of […]

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Social media content and analytics startup PressLogic raises $10M from popular Chinese selfie app Meitu

PressLogic founders Ryan Cheung and Edward Chow PressLogic, a Hong Kong-based social media content and data analytics startup, announced today that it has raised a $10 million Series A+ round from Meitu, developer of the popular Chinese selfie app. PressLogic will use the funds to launch its new lifestyle brand GirlStyle and enter e-commerce with its […]

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