Entreprenuernewsnetwork

Fondue Raises $10.5m Seed Round to Replace Every Ecommerce Discount Code

Fondue CashBack, the Shopify app that replaces coupon codes with brand-embedded CashBack announced today it has closed on a $10.5m seed round led by Quiet Capital and Hanaco Ventures. Other investors in the round include Infinity Ventures, Ground Up Ventures, Sugar Capital, Starting Line, R-Squared Ventures, Gaingels, Verissimo Ventures, Samsung Next, and JAM Fund. A … Read more

Karachi-based startup Neem raises $2.5 mn in seed funding

Neem has raised $2.5 million in a Seed funding round from leading fintech global and local investors. This will enable Neem’s unique embedded finance platform and further its mission of bringing Financial Wellness to Pakistan’s underbanked communities – both individuals and businesses. “The embedded finance revolution that is taking place globally in financial services is … Read more

Zerund raises USD 1 mn funding

A number of key investors, including Dreamweaver Investments, have raised USD 1 million (about Rs 7.8 crore) for Zerund, a Guwahati-based manufacturer of sustainable bricks. Zerund had also raised Rs 4 crore from investors in 2021, including Villgro Foundation and NEDFi Venture Capital Ltd (NVCL). Zerund has brick manufacturing facilities in Guwahati and Pathsala in … Read more

Social Media Platform SoMee Secures $50M From GEM Digital

The investment commitment from GEM will allow SoMee to propel significant growth while allowing the company to fuel liquidity into its Hive-backed $SME token that users earn and trade via the SoMee.Social network. Since SoMee’s platform utilizes blockchain technology, people using the platform see USD earnings shown on each post that are based on the … Read more

Creative Intell Inc. Raises $3 Million Seed Funding Round

Creative Intell Inc., the artificial intelligence-powered dealmaking platform for the music industry, announced the close of its seed funding round today. The music-tech startup is backed by prominent music industry investors, leaders and companies, including Austin Rosen (Electric Feel Ventures, and co-management for Post Malone), Mac and Robert Reynolds (management, The Killers, Imagine Dragons), Rimas Entertainment (label and management, … Read more

Crunchbase secures $50M In Series D Funding

Crunchbase, a prospecting platform powered by best-in-class proprietary data, today announced it has secured $50 million in connection with its Series D funding. Alignment Growth led the oversubscribed round, with participation by existing Crunchbase investors including OMERS Ventures, Mayfield Fund, and Emergence. Alex Iosilevich, Partner at Alignment Growth, will also join the Crunchbase board of directors. Crunchbase was … Read more

ForSight Robotics Raises $55 Million in Series A funding

ForSight Robotics, the pioneer in ophthalmic robotic surgery, today announced it completed a $55 million Series A round to advance the world’s first surgical platform for fully robotic cataract surgery: ORYOM. ForSight’s flagship robotic platform will increase accessibility to ophthalmic surgery procedures worldwide and ultimately, transform the future of eye surgery. The Adani Group led the funding round alongside existing … Read more

Acuamark Diagnostics Secures $11.3 Million In Series A Funding

Acuamark Diagnostics, an early cancer detection company, today announced the closing of an $11.3 million Series A round. The round was led by the office of Claudio Del Vecchio and the Del Vecchio Family Foundation, and it was joined by Bruker Corporation as a new investor in AcuamarkDx. Claudio Del Vecchio has joined AcuamarkDx’s Board of Directors. AcuamarkDx is a molecular diagnostics … Read more

Plant-based meat brand Shaka Harry raises seed funding of $2 M

Liberate Foods, a Bengaluru-based plant protein startup with a meat alternative line called Shaka Harry, has received a $ 2 million seed funding round led by Better Bite Ventures, Blue Horizon, and venture debt fund Panthera Peak. Liberate Foods was founded by proven entrepreneurs with prior experience and success scaling businesses in India and around … Read more

Oxford Science Enterprises Raises £250 Million

Oxford Science Enterprises (OSE), the independent investment company created to found, fund and build transformational businesses via its unique partnership with the University of Oxford, today announces it has raised a further £250 million ($300 million) in funding. This brings the total amount raised by OSE to more than £850 million (>$1 billion) since inception in 2015. These funds … Read more

YuLife Raises $120M Series C Round, Led By Dai-ichi Life, to Accelerate Global Expansion

YuLife, the tech-driven insurance company on a mission to inspire people to live their best lives, today announced that it has raised $120M (~£95M) in a Series C led by Dai-ichi Life Holdings Inc. (TSE: 8750) (“Dai-ichi Life”), a new strategic investor in the company. The funding round, which was supported by YuLife’s existing investors, takes YuLife’s total funding to $206M since … Read more

Finli Raises $6M to Bring Mobile-First Payment Management to Service-Based Businesses

Finli, a payment management platform built for service-based small businesses in the US, has announced today the close of its $6 million Seed fundraising round, led by the Urban Innovation Fund. Motley Fool Ventures, M13, Alumni Ventures, and all existing investors also participated in the round. The new injection of funds will be used to … Read more

Gloat raises $90 million Series D Funding

Gloat, the leading provider of Workforce Agility software and pioneers of the AI-powered Talent Marketplace, today announced its $90 million Series D round led by Generation Investment Management—with participation from Accel, Eight Roads Ventures, Intel Capital and Lumir Ventures. The funding positions Gloat to rapidly accelerate the evolution of a rich, dynamic talent ecosystem that … Read more

Shop Circle Exits Stealth Mode With $65 Million in Funding

Shop Circle, a technology-driven company that operates e-commerce software, today announced it has raised $65 million in funding. The financing was led by NFX and QED Investors, with participation from 645 Ventures, FirstMinute Capital and Triple Point Capital. Shop Circle, co-founded last year by Luca Cartechini and Gian Maria Gramondi, is officially coming out of stealth mode and will use the funds to help the company scale … Read more

Okra Solar closes AU $3m million in Pre-Series A round

Two family offices, Explorer Investments and Didendum, led the $2.1 million investment round into Okra Solar, alongside Schneider Electric Energy Access & Autodesk Foundation. SDGx, a private UN Sustainable Development Goals (SDGs) technology fund and advisory group, which invests exclusively in companies that can potentially reduce or remove 500MT of greenhouse gas emissions per year within the next decade, also invested. Okra Solar’s proprietary hardware … Read more

Geno and Unilever launch $120m venture to scale alternative to palm oil and fossil fuels

Genomatica (Geno), a leader in biotech and sustainability and Unilever have launched a venture to scale and commercialize alternatives to palm oil and fossil fuel-derived cleansing ingredients. These are integral to the formulations of thousands of everyday cleaning and personal care products. With growing demand for sustainably-sourced palm oil, this venture aims to deliver additional … Read more