Entreprenuernewsnetwork

Mantra Health Secures $22M Series A Funding

Mantra Health, the preeminent digital mental health clinic focused on young adults, today announced a $22 million Series A investment, led by VMG Partners. The round includes new investors New Market Venture Partners, Elements Health Ventures, 14W, and Alumni Ventures. Returning investors included Canaan Partners, Global Founders Capital, Baleon Capital, Western Tech Investments, and City … Read more

True Global Ventures Invests US$5 Million Into ChromaWay

True Global Ventures 4 Plus (TGV4 Plus) Fund has invested US$5 million into ChromaWay, leading the US$10 million latest fundraising round. ChromaWay is a leading Web3 pioneer, developing industry-defining blockchain technology platforms since 2014. ChromaWay are the creators of relational blockchain, a class of blockchain platforms that combine the power and flexibility of mature relational database systems with the secure … Read more

Indonesia’s KoinWorks raises $108m Funding from MDI, East Ventures

KoinWorks, the leading fintech platform in Indonesia, announced a $108 million Series C funding round led by MDI Ventures, the corporate venture arm of Telkom Indonesia with participation from previous equity investors such as Quona Capital, Triodos Bank, Saison Capital, ACV and East Ventures. The funding, which consists of $43 million in equity and $65 … Read more

Vietnamese social commerce firm raises $1.1m seed funding

A seed round led by Touchstone Partners, with participation from ThinkZone Ventures, has secured US$1.1 million for a Vietnam-based social commerce firm. On is a reseller network that allows users to market products to their friends and family while earning fees on each transaction. It was launched in March 2021. For its users, the platform … Read more

Uber Rival Bolt Raises $711M With a Valuation Of Over $8B

Bolt, an Estonian startup, announced on Tuesday that it has secured 628 million euros ($711.40 million) from a group of investors led by Sequoia Capital and Fidelity Management and Research Co, valuing the company at 7.4 billion euros ($8.38 billion). Bolt, a competitor to Uber’s (UBER.N) ride-sharing and food-delivery firm, secured money in August at … Read more

Syntegra Raises $5.625M in Seed Financing

Syntegra, a leader in synthetic healthcare data generation, today announced it has closed its seed financing, bringing in a total of $5.625 million. Syntegra’s investors include Sweat Equity Ventures, Hike Ventures, Innovation Global Capital, Wisconn Valley Ventures, Village Global, Impact Venture Capital, GRIDS Capital, Berkeley Catalyst Fund, Launchpad Capital, Vastly Valuable Ventures and First Spark … Read more

Avelo Airlines Raises $42 Million in Series B Funding

Avelo Airlines, which became America’s newest mainline airline in nearly 15 years when it took flight last April, today announced it raised $42 million in Series B funding. This second-round offering increases Avelo’s invested capital base to over $160 million. Avelo raised approximately $125 million in January 2020. The Series B shares sold at a … Read more

ReadyWorks Secures $8M in Series A Funding Led by Credit Suisse Asset Management’s NEXT Investors

ReadyWorks, a digital platform conductor (DPC) that leverages AI and intelligent automation to reduce the risk and costs of IT infrastructure transformation, announced today that it has closed $8 million in Series A financing led by Credit Suisse Asset Management’s NEXT Investors. With this investment, ReadyWorks will expand its technology platform to help enterprises accelerate … Read more

VeriSIM Life Secures $15 Million Series A Funding

VeriSIM Life, the leading artificial intelligence (AI)-enabled, unique R&D decisions de-risker for breakthrough drug development, today announced it has closed its oversubscribed $15 million Series A round. The financing was led by Morpheus Ventures. Additional new investors include Debiopharm Innovation Fund and Colorcon Ventures, with continued support from existing investors OCA Ventures, Intel Capital, Serra … Read more

SaaS Capital Raises $128 Million Fourth Fund

SaaS Capital, the leading provider of growth debt to software-as-a-service (SaaS) companies, today announced that it has closed its fourth fund with $128 million in limited partner commitments. This fund follows its successful predecessors in pursuing a highly focused strategy, solely serving growth-stage, private, B2B software companies looking for an alternative to dilutive equity capital. … Read more

Brankas raises USD $20m from Insignia Ventures and Visa

Brankas, Southeast Asia’s leading Open Finance technology company, announced the close of its US$20m Series B investment round led by Insignia Ventures Partners with participation from existing investors Beenext and Integra Partners. With this round, Brankas aims to scale its network of more than 40 financial institutions and 100+ technology companies, expand its product menu of banking-as-a-service APIs serving … Read more

X0PA AI RAISES $4.2 MILLION IN SERIES A FUNDING

X0PA AI, a leader in AI-powered objective hiring solutions, today announced $4.2 million USD in Series A funding. The investment was led by ICCP SBI Venture Partners (ISVP), with additional funding from SEEDS Capital, AI8 Ventures, XCEL NEXT VENTURES, and SASV Investments. The new funding comes on the back of significant growth into new markets … Read more

Voyant Photonics Raises $15.4M in Series A Funding

Voyant Photonics announced that it raised $15.4M in Series A led by UP.Partners with participation of earlier investors LDV Capital and Contour Ventures. Voyant’s LiDAR system, containing thousands of optical components fabricated on a single semiconductor chip, enables its customers to integrate an effective and exponentially more scalable LiDAR system than possible to date. LiDAR is a … Read more

Rhaeos, Inc. Raises $2.2 Million in Oversubscribed Seed Round

Rhaeos

Rhaeos, Inc., a private, clinical stage medical device company developing a platform wireless and non-invasive wearable sensor initially targeting the neurosurgical suite, today announced the successful closing of its oversubscribed $2.2 million seed financing. The round, which brings a total of over $8 million in dilutive and non-dilutive financing to date, includes participation from Creative Ventures, Portal Innovations, Lateral … Read more

Privoro raises $30M in Series B funding to meet demand for hardware-backed mobile security

Privoro Logo

Privoro, a next-gen mobile security hardware company, today announced a $30 million Series B funding led by an affiliate of Tracker Capital Management, LLC (“Tracker Capital”). The round will be used to help the company continue to scale its team, products, and operations to meet demand for its unique hardware-backed mobile device protections. Privoro’s SafeCase™, … Read more