Vedanta Aluminium, India’s largest producer of aluminium, has raised USD 250 million through Sustainability Linked Loans (SLL) from leading international banks, for financing its capex initiatives and reducing carbon footprint. The loans were granted on the basis of specific performance parameters for decarbonization and safety, which the company aims to meet by deploying these funds … Read more
Australian media intelligence company, Truescope, has strengthened its position in North America by acquiring leading agency, Universal Information Services (UIS). Founded in 2019 and now operating in Singapore, New Zealand, and North America, Truescope is experiencing rapid growth in all markets – a commercial response to the company’s advanced SaaS platform, product innovation and experienced … Read more
TBD Health, a sexual healthcare provider revolutionizing the medical landscape through unparalleled digital and in-person clinical care, today announced a $4.4 million seed round led by Tusk Venture Partners, with participation from Springdale Ventures, Human Ventures, Expansion VC, Starbloom Capital, Hyphen Capital, and The Community Fund along with several strategic angels. With this new financing, TBD Health is expanding … Read more
Globant, a digitally native company focused on reinventing businesses through innovative technology solutions, announced today that its Be Kind Tech Fund has invested $1 million in Polemix, the first platform to introduce Web3 technology to the world of ideas and opinions. The startup’s mission is to upgrade how people support and oppose opinion leaders, disrupting the echo chambers cultivated by … Read more
Teal Health announces its seed round, raised to build a women’s health platform focused on solving some of the most pressing issues in women’s health – starting with cervical cancer. Teal Health’s at-home cervical cancer screening includes a novel self-collection device that will make it simple for a woman to collect a cervical cancer screening … Read more
Pegasus Tech Ventures, a global venture capital firm that is headquartered in the Silicon Valley and dedicated to supporting corporate innovation, has established a $100 million corporate venture capital fund with Denka Company Limited, a major Japanese chemicals, materials science, and life science company. The new fund marks the entry of the 107 year-old chemical … Read more
Suppli, the digital accounts receivable platform that enables construction suppliers to turn their credit department into a competitive advantage, today announced it has raised $3.1 million in seed funding. Equal Ventures led the round, with additional participation from Audacious Ventures, Dash Fund, Chase Gilbert (CEO of Built Technologies) and Ali Javid (CEO of Wrapbook). While over $500 billion of construction materials are sold … Read more
Architect Financial Technologies Inc. today announced the closing of a $5M pre-product financing round to develop adaptable infrastructure products that enable institutions to trade across centralized and decentralized digital asset markets. Participants in the round include Circle Ventures, Coinbase Ventures, SV Angel, SALT Fund, P2P, Third Kind Venture Capital, and Motivate Venture Capital, along with … Read more
pieFi, Inc. is pleased to announce the launch of Upside.coop, a revolutionary platform that gives companies the tools they need to achieve a new level of authentic connection with their customers and fans — by sharing real ownership. Brands need a better way to maintain retention and growth, especially during economic uncertainty. Brands can use … Read more
Canvas GFX, Inc, the leading provider of interactive digital work instructions software to manufacturing ecosystems, today announced that it has closed a $9m Series A-1 funding round led by ECoast Angels and Mendoza Ventures. The raise positions Canvas GFX to drive rapid growth for its interactive digital work instructions solution, Canvas Envision. Existing customers of Envision include Aerospace & Defense … Read more
Nanoprecise Sci Corp, an AI-based Condition Monitoring & Prescriptive Maintenance Solution provider raised USD $10 million in series B investment from 4 new investors. The round was led by Export Development Canada (EDC), with participation from Honeywell Ventures, NSK Ltd., and EC Mergers & Acquisitions. Founded in 2017 by CEO Sunil Vedula, the core team … Read more
Leading Israeli startup EVR Motors will showcase a range of high-power density electric motors, based on its innovative “Trapezoid Stator” motor topology at Auto Expo Components 2023 in Pragati Maidan, New Delhi. EVR motors has developed a unique, patented motor topology: The “Trapezoidal Stator” Radial Flux Permanent Magnet (TS-RFPM) Motor. Compared to standard motors, EVR’s electric motors … Read more
According to CNBC, Elon Musk’s commercial rocket startup SpaceX has raised $750 million in its current investment round led by venture capital firm Andreessen Horowitz, which previously invested in Musk’s $44 billion takeover of Twitter. However, neither SpaceX nor the investors have provided official confirmation. SpaceX’s newest fundraising increased the SpaceTech startup’s valuation to $137 … Read more
First Mode, a global carbon reduction company focused on heavy industry, and global mining company Anglo American have signed a binding agreement to combine First Mode and Anglo American’s nuGen™ zero emission haulage solution to accelerate the transition of mining and other heavy industries to diesel-free futures. The transaction, which is expected to close in January 2023, values the newly … Read more
Ghodawat Consumer Limited (GCL), the FMCG arm of Sanjay Ghodawat Group (SGG) has acquired Mumbai-based startup Coolberg, which offers malt-based flavored non-alcoholic beverages. Founded by Pankaj Aswani and Yashika Keswani in 2016, Coolberg has been the pioneer of the malt-based beverage category in India and has scaled its distribution in more than 200 cities and across 10 countries. Founded in 2013, GCL has focused … Read more
GoFreight has announced that it raised $23M in Series A funding, co-led by Flex Capital and Headline. The round includes participation from LFX Venture Partners, Palm Drive Capital, and existing investors like LA-based Mucker Capital, Cornerstone Ventures, and Red Building Capital. GoFreight offers an all-in-one cloud-based software that consolidates the complex and meticulous work of freight forwarders … Read more
