Good morning! Below are some of the top tech startup news stories for Friday, May 3.
RosieReality secures $2.2 million in Seed Funding to expand its global footprint. RosieReality, a Zurich, Switzerland-based startup that leverages AR to let kids learn programming and robotics, raised $2.2M in seed funding to grow the team and expand its reach globally. The round was led by Redalpine with participation from Atomico, Shasta Ventures, Akatsuki Entertainment Fund and some Swiss angel investors. Founded by CEO Selim Benayat, Rosie introduces your child to robotics and programming through adventurous puzzles and active play. A fun and educational AR app for iPhone. RosieReality develops mobile applications that use Augmented Reality (AR) to playfully teach kids about programming and problem solving. The interactive virtual environment can be created anywhere and lets children experience new ways of fun-based learning.
Silicon Valley’s Pegasus Tech Ventures launches Venture Capital-as-a-Service to connect tech startups with portfolio of companies. Pegasus Tech Ventures (Pegasus) is a Silicon Valley-based global venture capital firm that invest in cutting-edge startups, is making its official debut as a Venture Capital-as-a-Service (VCaaS) provider. Pegasus takes a novel approach through its VCaaS model, managing multiple funds for well-known, global corporations that wish to partner with cutting-edge technology startups. Pegasus will vet investment opportunities for its partners, manage the investments, then connect portfolio companies to its ecosystem of global corporate partners to accelerate growth..
Checkout.com raises $230M in Series A funding for global expansion. Checkout.com, a popular payment solutions provider, raised $230m in Series A funding to continue its rapid growth in Europe, the US and the Middle East, with further expansion into Asia and Latin America. The round was led by Insight Partners and DST Global, with participation from Singapore’s sovereign wealth fund GIC, Blossom Capital, Endeavor Catalyst and other strategic investors. Founded by Guillaume Pousaz, Checkout.com provides fintech companies with a cross-border payment solution for digital commerce. The business offers direct access to domestic acquiring across payment methods and geographies, including all major credit and debit cards, online banking, PayPal, Apple Pay and other eWallets.
Immortals Gaming Club acquires Gamers Club; raises $30 million in Series B funding. Immortals, a global esports startup, has acquired Gamers Club, a Brazilian game matchmaking platform. The company also announced that it will rebrand its holding company as Immortals Gaming Club (IGC). It also has closed a $30 million Series B funding round. Backers include AEG, Lionsgate, and others. Based in Sorocaba, in the state of Sao Paulo, Gamers Club is a platform and community hub connecting over 1 million registered gamers across Brazil’s gaming market, in particular Brazilian Counter-Strike: Global Offensive players, through tournaments, premium content, coaching and social networking.
