Cloud platform Voilà! announces the closing of its $13.75M CAD Series A funding round, led by Walter Ventures, with participation from Desjardins Capital and Investissement Quebec. This funding round will allow the company to further its mission to help businesses combat labor shortages. Released in 2016, Voilà! delivers workforce optimization tools to simplify schedule management, … Read more
SixSense, a Singapore-based AI-powered industrial visual inspection platform for smarter manufacturing, secured $2.6 million in Series A funding. Tin Men Capital led the round, a Singapore-based venture capital firm focused on B2B tech startups in South-East Asia. Founded by IIT and NIT alumni Akanksha Jagwani and Avni Agrawal, deals in creating no-code deep space AI … Read more
India’s fastest growing personal hygiene company and makers of Paree Sanitary Pads- Soothe Healthcare, today announced a fresh round of funding of ₹ 120 crores from its existing investors and another ₹ 55 crores from the U.S. International Development Finance Corporation (DFC). The existing partners include A91, Symphony, Sixth Sense, and GII. The brand will … Read more
Elevation Capital, Jungle Ventures, and Venture Highway participated in a $15 million Series A round of funding for Drivetrain AI, a financial planning and monitoring platform for expanding businesses and organisations. In addition, the investment round included contributions from close to 25 angel investors, consultants, founders, and C-Suite executives from technology businesses. Alok Goel, a … Read more
Assiduus Global, an AI-powered cross-border and cross-marketplace e-commerce accelerator, has raised $15 million in Series A round of funding led by Pulsar Capital, 9Unicorn, Venture Catalyst, StrongHer VC, Carlos Cashman (founder of Thrasio) and Rajan Navani (JetLine Group of Companies). The appropriated funding shall enhance the technological architecture and business expansion across international markets like Europe and South-East Asia. Assiduus’ spokesperson said about … Read more
The Water Well Trust, a national nonprofit helping rural Americans get access to a clean, safe water supply, has received a $1.5 million grant from the U.S. Department of Agriculture’s Decentralized Water Systems (DWS) program for water well and wastewater projects to increase potable water system availability and access to wastewater systems to rural households throughout the U.S. … Read more
Online medical diagnostics platform 5C Network, situated in Bengaluru, India, raised US$4.6 million in Series A funding. In addition to previous investors Unitus Ventures and Axilor Ventures, angel investors Ajay Gupta (Emeritus Partner at McKinsey & Co.), Rohit Razdan, and Shiv Tallam also participated in the round, which was led by Celesta Capital. The company … Read more
Platform for preparing for government exams Adda247 announced on Wednesday that it had secured $35 million in a round headed by WestBridge Capital. Google participated in the round as a new investor. The platform will use the funds raised to hire for certain important leadership positions, develop its student counselling team, and raise the profile … Read more
Cloudworx Technologies has secured Seed Capital from Hyderabad headquartered SucSEED Indovation Fund as well as IIIT Hyderabad, Expert Dojo, and other angel investors. Cloudworx has created a platform that allows users to create 3D applications for the Enterprise Metaverse as Integrated Development Environment (IDE) Platform. Unlike other Digital-Twin builders, Cloudworx allows users to import custom 3D models, create … Read more
Ankur Capital, an India-based leading early-stage venture capital fund focused on transformative technologies in deep science tech and climate tech today announced that they have invested seed capital in two early stage biotech startups – MyoWorks and D-NOME. Founded by Nihal Singh and Shubhankar Takle, MyoWorks is building edible fungal mycelium-based 2D and 3D scaffolds which will support … Read more
The global slowdown in funding continues with start-up funding in India in Q3 CY22 hitting a two-year low at USD 2.7 billion across 205 deals, as per the PwC India report titled, “Startup Deals Tracker – Q3 CY22.” While a decline in funding is noted across all stages of investment – early, growth and late – the decline has … Read more
Inga Ventures (Inga), in partnership with TIH Limited (TIH), Singapore, is launching a ₹ 1,250 mn private equity fund “Ekkum TIH Emerging Opportunities Fund” for investing in mid-size enterprises in India. The Fund has received commitment of ₹ 250 mn from the sponsors and their affiliates. The Fund will infuse growth capital in mid-size emerging … Read more
Artium Academy, an online music learning and community platform that powers tech-led, performance-based learning and engagement has raised $3.0 million from Chiratae Ventures, amongst the earliest tech-focused venture capital firms in the Indian ecosystem Other early-stage investors like Anicut Capital, Jet Synthesis and Whiteboard Capital as well as several high-profile entrepreneurs like Madhusudhan R (Co-founder, … Read more
RadioMedix, Inc. a clinical-stage biotechnology company announced an agreement with an entity related to Portland Investment Counsel Inc. (“Portland”) involving an equity investment of $40 million Series A funding round. RadioMedix is committed to the advancement of a targeted alpha therapy (TAT) pipeline and diagnostic companion radiopharmaceuticals for rare and aggressive cancers. The proceeds of … Read more
Arctic Wolf, a leader in security operations, announced closing of a convertible notes offering in the aggregate principal amount of $401 million, led by existing investor Owl Rock, a division of Blue Owl Capital, with participation from new and existing investors including Viking Global Investors, the Ontario Teachers’ Pension Plan, and funds advised by Neuberger … Read more
Agility Ventures Partners and Lotus Herbals Pvt Ltd led a $2 million pre-Series A fundraising on Friday, according to Vanity Wagon, a clean beauty marketplace. With further funding from Venture Catalysts, Inflection Point Ventures, and a few high-net-worth individuals (HNIs), the Delhi-based cosmetics company’s valuation increased to $8 million. Vanity Wagon is to use these … Read more
