News & Insights

Prosus and HearstLab announces its $12.5 million Series A financing of Saudi-based Arabic speech technology provider, Intella

Applied AI research company, Fundamental Research Labs, announces its $33 million Series A financing led by Prosus Ventures with participation from Patron, Eric Schmidt's First Spark Ventures, a16z speedrun, Sol Bier's Factorial, Stripe co-founder and CEO Patrick Collison, among others

Prosus Ventures announces its US$7.25 million financing of Zapia, a Latin American company that provides an AI virtual assistant

Gunderson Dettmer represented client Prosus Ventures as an investor in the $54 million Series B funding of SpotDraft, an India-based AI-powered contract lifecycle management platform built for in-house legal teams.

Prosus Ventures announces its $3 million investment of Brazilian AI startup, Voa Health

Gunderson Dettmer represented client Prosus Ventures in leading the $10 million seed funding of qeen.ai, a leading provider of agentic AI solutions for e-commerce in the Middle East, marking one of the largest seed investments in the MENA region to date.

Cybersecurity startup, watchTowr, announces its $19 million Series A financing led by Peak XV, with repeat participation from Prosus Ventures and Cercano Management.

Prosus Ventures leads the $33 million Series A financing of Constantinople, an Australia-based tech and operations platform for banks

Gunderson Dettmer represented client Prosus Ventures as it led the $8.2 million seed funding round of Kismet, an Australia-based healthcare digital community platform, together with Airtree Ventures.

Gunderson Dettmer represented client Prosus Ventures as it led the $11 million Series A financing of Spendflo, a SaaS buying and management platform, together with Accel.

Gunderson Dettmer represented client Prosus Ventures as an investor in the $26 million Series A financing of SpotDraft, an India-based AI-powered contract lifecycle management platform.

Gunderson Dettmer represented client Prosus Ventures as it co-led the $37 million Series A financing of Virgio, an India-based fashion-tech startup and fast fashion brand.

Gunderson Dettmer represented client Ayoconnect, Indonesia’s first licensed open finance platform, in its $13 million Series B extension led by SIG Venture Capital with participation by CE Innovation and PayU, the payments and fintech business of Prosus. This round came nine months after Ayoconnect raised $15 million in an oversubscribed Series B round led by Tiger Global.

Gunderson Dettmer represented client Prosus Ventures, a venture capital firm investing in internet and technology companies, as it led the $25 million Series B financing of Vegrow, India’s leading B2B marketplace for fruits. Matrix Partners India, Elevation Capital, Lightspeed, Ankur Capital and prominent angel and agri veteran Sanjiv Rangrass also participated in the round.

Sharebite, a corporate food ordering platform, announces a $39 million Series B financing led by Prosus to expand its market share and launch new products. 

Gunderson Dettmer represented client 99minutos, a Mexico-based company specializing in low cost and same-day delivery of online shopping products, in its $82 million Series C financing led by OAK HC/FT with participation from Kaszek and Prosus Ventures.

Gunderson Dettmer represented client Prosus Ventures as investor in the $35 million Series B financing of Airmeet, a US-headquartered event-led engagement platform.

Gunderson Dettmer represented client Ayoconnect, Southeast Asia’s largest open finance platform, in its $15 million Series B financing led by Tiger Global.

Gunderson Dettmer represented client Prosus Ventures, as it co-led the US$135.5 million Series D financing of Sanghvi Beauty & Technologies Private Limited, the owner of MyGlamm, an India-based direct-to-consumer beauty brand together with Warburg Pincus.

Gunderson Dettmer represented client Prosus Ventures, a venture capital firm investing in internet and technology companies, as an investor in the $135 million Series B financing of Mensa Brands, an India-based startup that helps digital brands scale operations. This round has led Mensa Brands to become India’s (and Asia’s) fastest unicorn.