Alsym Energy, a developer of next-generation non-flammable rechargeable batteries for stationary storage, marine and mobility applications, announced a $78 million funding round jointly led by Tata Limited (a wholly-owned subsidiary of Tata Sons) and General Catalyst, a global venture capital firm. New York-based Thrive Capital and Toronto-based Thomvest also joined in the round, as well as existing investor Drads Capital. Alsym will use…
Lottie, the free online marketplace that connects care seekers and retirees to UK care homes, home care services, and retirement living communities, announced that it has raised a $21M (£16.35M) Series A funding round led by Accel, with participation from previous investor General Catalyst. This brings the total amount raised by the company to $31M (£25M). Lottie will use…
SupportLogic, creator of the proactive support experience (SX) platform, has announced that it has closed a $50 million series B funding round, led by WestBridge Capital Partners and General Catalyst. Existing investors Sierra Ventures and Emergent Ventures also participated in this new funding round. The funding will support and accelerate SupportLogic’s growth and ongoing platform…
Overjet, the global leader in dental artificial intelligence (AI), announced it has raised $27 million in Series A financing led by General Catalyst and Insight Partners with participation from existing investors that include Crosslink Capital and the MIT-affiliated E14 Fund. “Overjet is on a mission to improve oral healthcare for all,” said Dr. Wardah Inam, CEO and Co-founder of Overjet.…
Gurugram-based retail platform for used car Spinny has announced that it has raised $108 million in Series D funding round led Tiger Global. Existing investor General Catalyst, Avenir Growth, among others also participated in the latest round. A company statement informed, “the round saw a primary capital infusion of $105 million, and a secondary sale…
Cred has raised $81 million in Series C funding round led by DST Global. Post funding, the startup is valued at $806 million (about Rs 5,883 crore). Sequoia Capital, Ribbit Capital, Tiger Global, and General Catalyst also participated in the funding round, a statement said. In addition, Sofina, Coatue and Satyan Gajwani of Times Internet…
Eightfold.ai, a talent intelligence platform, built for enterprises, to address talent acquisition and management, has announced that it has raised a $125 million in Series D funding round led by General Catalyst and also includes investors from previous rounds, including Capital One Ventures, Foundation Capital, IVP and Lightspeed Venture Partners. Total funding raised to date…
Automated data integration provider, Fivetran recently announced that it has raised $100mn in Series C financing, led by Andreessen Horowitz (a16z) and General Catalyst. The funding round also saw participation from existing investors CEAS Investments and Matrix Partners. The company said it will use the funding to accelerate global expansion, drive adoption in the enterprise…
San Francisco-based online grocery store Instacart recently announced that it has raised $225mn as part of a new financing round led by DST Global and General Catalyst, with existing investor D1 Capital Partners participating. The investment comes as Instacart continues to experience an unprecedented surge in customer demand for grocery delivery and pickup due to…
Rebag, a New-York based online luxury handbag authority that rethinks the role of luxury in the secondary market, announced it has raised $15 million in a Series D funding round, bringing its total funding raised to $68 million. The Series-D funding is led by private equity firm Novator. Existing investor General Catalyst also participated in…