Nayara Energy, a leading downstream Energy company of international scale, has announced a strategic investment of INR 600 crores setting up Ethanol plants taking a significant step towards integration within the energy sector. These plants would play a pivotal role in bolstering the company’s reliability in ethanol supplies and would be crucial for Nayara to … Read more
Stoke Space, the rocket company building the world’s most efficient fully and rapidly reusable rocket, announced today $100 million in new Series B investment to drive continued growth and innovation. This investment more than doubles the company’s total funding, which now sits at $175 million. The company also announced the official name of its first rocket: Nova. The funding round was … Read more
Inworld AI, the renowned Character Engine for games and interactive experiences, has successfully secured new funding from Lightspeed Venture Partners, propelling the company’s valuation to over $500 million. The funding round also saw participation from prestigious investors such as Stanford University, Samsung Next, Microsoft’s M12 fund, First Spark Ventures co-founded by Eric Schmidt, and LG … Read more
The Union Minister of Ports, Shipping & Waterways and Ayush, Sarbananda Sonowal launched the curtain raiser of Global Maritime India Summit (GIMS), 2023 here today. The event is aimed at unlocking potential for new investment opportunities along with collaborations for knowledge and technology to enhance cooperation in trade and promote Ease of Doing Business (EODB). … 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
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
STT GDC India has signed a memorandum of understanding (MoU) with the Government of Karnataka. The planned investment aims to establish data centres in the state of Karnataka with a total estimated proposed investment of around Rs. 1,500 crores. It is planned to happen over multiple phases in the next 8 to 10 years and … Read more
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
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, 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, 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
Leading Indian skincare and cosmetics brand NutriGlow has secured Series A funding from the investment major G.O.A.T Brand Labs. Apart from its own website, with an extensive presence on all e-retail platforms including Amazon, Flipkart and Nykaa, the beauty brand is looking to use the funding for the development of infrastructure, research and development (R&D) … Read more
Platform9, the Open Distributed Cloud company, today announced that it has closed $26 million financing led by Celesta Capital, with participation from Cota Capital, NGP Capital, and other investors. This financing round comes on the back of three consecutive years of 100% growth in annual recurring revenue (ARR) for SaaS Kubernetes, led by enterprise interest in cloud-native distributed clouds. In … Read more
WSO2, a digital transformation solutions provider based in California, announced on Wednesday that it has closed its Series E growth-stage investment round, which included Redstart Labs as an investor. Redstart Labs contributed $3 million in the Series E round, which closed at $93 million with $90 million from lead investor Goldman Sachs Asset Management Private … Read more
RobotPlusPlus, a leader in aerial work robots, today announced its Series B funding round of US$15 million, bringing it to approximately US$35 million in total investment since its founding in 2017. This latest funding was led by Meituan, China’s leading tech and online retail company, and Fosun, a global innovation-driven consumer group. RobotPlusPlus plans to … Read more
Security-focused blockchain, Energi (NRG) secures Investment Commitment for $50 million. This marks an important step forward for the organization which has until now sustained itself by self-funding, rather than having launched with a pre-mine or ICO. With this investment commitment, Energi is well-positioned to continue its growth and drive the adoption of its blockchain technology. The … Read more
