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Saga Raises $6.5 Million Seed Round to Build the Next 1000 Chains in the Multiverse

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Saga announced today that it has raised a $6.5 million seed round at a $130 million valuation. Investors in the round include Maven 11, Longhash Ventures, Hypersphere, Figment, Polygon Studios, Samsung NEXT, Chorus One, GSR, C2X, CRIT Ventures, Merit Circle, Hustle Fund, Unanimous Capital, Strangelove Ventures, Tess Ventures, nfr, Akash Network, Zaki Manian, Jae Kwon, Garrette Furo, Alex Shin, Nick Tomaino, Peter Kim & Bo Du (Polymer) and several … Read more

Robert Downey Jr.’s FootPrint Coalition Ventures Joins Motif FoodWorks in its Effort to Reimagine Plant-Based Foods

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Motif FoodWorks, the Boston-based food technology company making plant-based food better tasting and more nutritious, today announced an investment by Robert Downey Jr.’s FootPrint Coalition Ventures. Along with the investment, the companies will partner on the development of new-to-the-world plant-based food forms. Separately, Motif also unveiled an expanded product portfolio—in addition to its food technologies—for … Read more

Ather Energy raises $128 mn investment from NIIF, Hero MotoCorp

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Ather Energy, based near Bengaluru, has raised $128 million in a new investment round led by sovereign wealth fund National Infrastructure Investment Fund (NIIF) and current backer Hero MotoCorp. In this round, Hero MotoCorp has put in $56 million (approximately Rs. 420 crore), with the remainder of the money coming from NIIF. Other previous investors … Read more

Fintech Startup Multipl Bags $3 Mn In Funding

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Blume Ventures, GrowX Ventures, IIFL, and Kotak Securities Limited led a $3 million Pre-Series A fundraising round for fintech firm Multipl. The new funds will be used to expand the platform’s investment possibilities and help customers better budget their costs, according to the company. Multipl, founded in 2020 by Paddy Raghavan, Jags Raghavan, and Vikas … Read more

Tomorrow Farms Raises $8.5M in Seed Round Led by Lowercarbon Capital and Others

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Tomorrow Farms, a food technology company on a mission to fuel the sustainable food revolution with irresistible food and beverage brands, announced today an $8.5 million seed round led by Lowercarbon Capital and additional key investors, including Maveron, Valor Siren Ventures, Simple Food Ventures and SV Angel. Working to become the trusted, household name for the future … Read more

Yamaha Motor Ventures Leads $7.5 million Series A Funding Round for AgTech Startup Verge Ag

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Yamaha Motor Ventures, the strategic business development and investment arm of Yamaha Motor Co., Ltd. announced it led a $7.5 million Series A funding round for Verge, developers of the world’s first AI-powered interactive software that enables farmers to plan, simulate, and validate the movement of equipment in the field and execute field operations efficiently. … Read more

Mendel Raises $40 Million Series B Round

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Mendel, the leading clinical artificial intelligence and natural language processing platform, today announced it has raised $40 million in Series B funding round led by Oak HC/FT. The round includes participation from existing investor DCM, who led Mendel’s Series A funding round in June 2021. This funding comes amidst surging customer demand for Mendel’s AI infrastructure. The fresh … Read more

ITC to invest in D2C Community-Commerce Brand Mylo

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ITC intends to purchase a 10% share in Blupin Technologies Private Limited, the firm behind the Mylo brand. Mylo is a full stack community eco-system focusing on the parenting journey of young families, which was founded in 2017. Mylo provides a diverse and relevant selection of material, health tools, chats, and community sharing features to … Read more

Mytaverse Closes $7.6 Million Seed Round Fueling Development of the Enterprise Metaverse Infrastructure

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Mytaverse, the next-gen platform empowering enterprises in a virtual shared metaverse, today announced that it has raised $7.6 million in Seed funding to support the evolving needs of enterprises. Blumberg Capital led the round, joined by Baselayer Ventures, Correlation Ventures, Accelerator Ventures and others. A follow-on investment was made by Alberto Peisach. David Blumberg, founder and Managing Partner of … Read more

Travel App Innovator, TRZMO Announces $1.2 Million in Funding

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TRZMO announced $1.2 million in funding from private investors and formation of a strategic advisory board to accelerate adoption of its free flagship app. It replaces multiple travel apps with one dashboard to manage flight updates, gate changes, ground transport, loyalty programs and a myriad of travel logistics from duty-free shopping to dining, weather and … Read more

Climate Tech SaaS Leader Aurora Solar Secures $200 Million in Series D Funding

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Aurora Solar, the industry’s leading software platform for solar sales and design, announced it closed a $200 million Series D funding round co-led by current investors Coatue and Energize Ventures with participation from Fifth Wall, ICONIQ and new investors, Lux Capital and Emerson Collective. With this funding, Aurora Solar will accelerate its mission to create … Read more

Facilio Raises $35M in Series B Funding

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Facilio, a property operations software platform provider based in New York, has acquired $35 million in Series B funding. Dragoneer Investment Group led the round, which also included Brookfield Growth, Accel India, and Tiger Global Management. The money will be used to grow the company’s market leadership, develop sales and marketing, and empower more businesses … Read more

Dental care startup Smiles.ai raises $23M in Series A Funding

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Smiles.ai, a healthcare business, has received $23 million in Series A funding from Alpha Wave Incubation (AWI). Existing investors Sequoia Capital India and Chiratae Ventures also participated in the round. Hitesh Kakrani and Dr. Jatin Kakrani established Smiles.ai in 2019. To provide access to high-quality and cost-effective dental care goods and services, the firm uses … Read more

Uber acquires Australian company Car Next Door

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Uber today announced that it had acquired Car Next Door, an Australian company first launched in Sydney in 2012. Car Next Door is a peer-to-peer car-sharing platform which offers convenient access to cars for renters, whilst providing revenue to car owners, making it easy to turn any car into a shared car. The service operates Australia-wide, … Read more

Scripbox Raises $ 21M In Series D Round

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Scripbox, India’s first digital wealth manager, said today that it has raised USD 21 million in series-D fundraising from a mix of equity and debt investors. Transpose Platform, DMI Alternative Investment Fund – The Sparkle Fund, InnoVen Capital, Trifecta Capital, KPB Family Trust, LetsVenture, Kube VC, and YY Capital LLC are among the investors in … Read more

Next-Gen Community Investing Platform threedots Raises $4M In Seed Round

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Kalaari Capital sponsored a seed round of funding for threedots, a fast-growing next-generation community investing platform. Rishu Garg, Prakhar Bhardwaj, and Akul Agarwal, all BITS Pilani graduates who previously worked together at Groww, formed threedots in March 2021. The founders have worked with startups such as Cleartax and Smallcase and have product and scaling experience. … Read more