Entreprenuernewsnetwork

Prado Raises $5.75 Million In Seed Funding to Improve Fresh Food Accessibility Nationwide

Prado, an e-commerce and logistics platform fueling a more sustainable food system, today announced it has raised $5.75 million in seed funding. The financing was led by Bonfire Ventures, with participation from Slauson & Co., January Ventures, Alumni Ventures, Bridge Investment Group, and Supply Change Fund. The investment will be used to grow the Prado team and scale its platform to support more … Read more

Cloudflare “Workers Launchpad” Funding Program Grows to $2 Billion

 Cloudflare, Inc., the security, performance, and reliability company helping to build a better Internet, today announced the Workers Launchpad Funding Program has grown to $2 billion for potential investment in startups building on Cloudflare Workers, an increase of 14 partners and $750 million in less than two months. Cloudflare is also introducing the first cohort … Read more

SE Ventures announces €500 million Fund II for climate and industrial tech start-ups

SE Ventures today announced a €500 million Fund II establishing the firm as one of the largest VCs focusing on climate and industrial technology. Backed by Schneider Electric, the global leader in the digitalization of industrial automation and energy management, this move builds upon a 2018 Fund I to bring SE Ventures to €1 billion of … Read more

OneSchema Raises $6.3M Funding from General Catalyst, Sequoia, and Y Combinator

OneSchema is saving software engineers years of development time with their suite of developer tools for ingesting CSV data. The company announced today a $6.3M funding round led by General Catalyst, with participation from Sequoia Capital, Y Combinator, Elad Gil and Contrary Capital. OneSchema’s flagship product is an embeddable CSV importer used by developers to launch CSV import capabilities … Read more

Wib Raises $16 Million Investment to Accelerate Growth and Tackle Rising API Security Problem

Wib, the fast-growth cybersecurity startup pioneering a new era in API security, today announced a $16 million investment led by Koch Disruptive Technologies (KDT), the growth and venture arm of Koch Industries, Inc, with participation from Kmehin Ventures, Venture Israel, Techstars and existing investors. The investment will be used to enhance Wib’s pioneering holistic API security platform and accelerate international … Read more

Kyte Closes $60M Series B Funding

Kyte, the company pioneering cars delivered to you on-demand for daily, weekly or monthly use, today announced $60M in Series B growth equity financing. The round is led by InterAlpen Partners, whose founder, Stephen George – an early investor in Tesla and SpaceX – is joining Kyte’s Board. Other new investors include Valor Equity Partners, Anthemis, Citi Ventures, and … Read more

FLX Networks Secures $10 Million in Strategic Investments, Led by Barings

FLX Networks, the technology platform modernizing the engagement between asset and wealth management firms, today announced a capital raise of $10 million. The growth equity round, which values the company at approximately $50 million, was led by global investment manager Barings, with participation from industry leaders Allianz Life Ventures and Broadridge Financial Solutions. The raise reflects cross-industry confidence in the platform … Read more

HR employee benefits platform Fringe raises $17M in Funding

Origin Ventures and Felton Group led a $17 million fundraising round for Fringe, an HR digital startup that enables businesses to offer employees customisable perks and incentives. According to CEO Jordan Peace, the funds will be used to develop new products, expand Fringe to more nations, and increase the team’s size from 72 to over … Read more

Bahrain attracts US$72.7 million worth of investment in financial services

Bahrain’s investment promotion agency, the Bahrain Economic Development Board (Bahrain EDB), announced its participation in the Singapore Fintech Festival (2-4 November) with the aim to support fintech and financial services companies tap into MENA market through Bahrain. During the first three quarters of 2022, Bahrain EDB has supported nine financial services companies to setup or expand in Bahrain, … Read more

Eagle Genomics Announces USD 20M In Funding

Eagle Genomics, the pioneering TechBio platform business applying network science to biology, today announced the USD 20 million first close of its scale-up funding round. The investment will support further development of the data scientist platform and will continue to drive expansion into global markets and the deepening of client impact. The round is being … Read more

Kazakhstan attracts major investment from global funds and international businesses

International investors Franklin Templeton, VPE Capital and Vedra Partners are among a growing number of firms targeting Kazakhstan, according to a major new report. Economic and political reforms are helping transform sentiment towards Kazakhstan – attracting prominent investors as well as businesses, with satellite company OneWeb and US technology group Honeywell the latest companies to commence operations in the … Read more

Braven Receives $1 million Investment from Barclays

Braven, a nonprofit organization, announced today it has received a significant two-year commitment from Barclays to support its mission to close the education-to-employment gap in higher education. Through Barclays’ financial investment of $1 million and the addition of mentoring offered by Barclays colleagues, Braven will be able to upskill more than 4,200 four-year college students and support … Read more

Gabbi Raises $4.4 Million to Bring Breast Cancer Early Detection Support Directly to Women

Gabbi, the risk assessment and care navigation company, today announced it has raised a round of $4.4 million to help tackle its mission of ensuring breast cancer is detected at the earliest possible stages when it is a treatable, survivable disease. Bread and Butter Ventures led the round which also saw participation from Female Founders Fund, WR … Read more

Canary Technologies Raises $30M In Series B Funding

Canary Technologies, which is modernizing the hotel tech stack with the first fully mobile web end-to-end Guest Management System and its award-winning Digital Authorization solution, announced today that it has raised an additional $30 million in Series B funding led by global software investor Insight Partners, with continued participation from F-Prime Capital, Y-Combinator, Thayer Ventures, Commerce Ventures, … Read more

Xyte secures $10M debt funding from Kreos Capital

Xyte, pioneer of the first-of-its-kind Connected Device Management Platform (CDMP), has raised $10M in debt funding to meet its customers’ growing demand for flexible equipment financing solutions. The financing was provided by growth debt investor Kreos Capital and complements the existing equity finance raised by Xyte. With its Connected Device Management Platform (CDMP) – a suite of … Read more

Allstacks Announces $12.3M in Series A Funding

Allstacks, a leader in value stream intelligence, announced $12.3M in Series A funding. Companyon Ventures led this new funding round, with participation from Atlassian Ventures and CreativeCo, as well as support from initial investors including Hyperplane Venture Capital, S3, ClutchVC, and others. Its investors are eager to support Allstacks as the company grows its innovative platform, helping … Read more