Camp K12, an ed-tech startup operating out of the US and India, focused on building a global online school for 21st century skills, has announced that it has raised $12M in a Series A round co-led by Matrix Partners India and Elevation Capital. Funds will be used to hire leaders across functions, hyperscale operations and…
Energy Vault, the creator of gravity-based, grid-scale energy storage solutions with its proprietary technology, has announced $100 million in Series C funding. The investment is being led by existing investor Prime Movers Lab, with additional participation from other existing investors including SoftBank Vision Fund, Saudi Aramco Energy Ventures, Helena, and Idealab X. In addition, the…
Prime Venture Partners, has announced its fourth fund of US$100 million, with a first close of $75 million (INR 556 crore). Prime had raised its last fund of $72M in 2018, a second fund of $46M in 2015 and a $8M first fund in 2012. Fund Four investors include the International Finance Corporation (IFC), part…
SEEK Limited (SEEK), the Australian listed tech company which owns two online employment marketplaces JobStreet and JobsDB in Southeast Asia, has announced a USD 48 million investment in JobKorea, Korea’s online employment platform. SEEK will own a 10% stake, and Peter Bithos, CEO of SEEK Asia, will join JobKorea’s Board. Commenting on the investment, Peter…
Nuvemshop, Latin America’s e-commerce platform, has announced that it has raised a $500 million Series E round of funding. The round was co-led by Insight Partners and Tiger Global Management, with participation from Alkeon and Owl Rock. Other investors that joined the round included Sunley House Capital and VMG Partners, as well as existing investors…
Element5, an Automation as a Service solution leveraging AI and RPA for post-acute care, has announced the closing of its Series A round of funding led by global private equity and venture capital firm Insight Partners. The fundraising round also saw participation from Maxwell Investment Partners, LLC. Element5 will use the financing to accelerate growth…
Zupee, an innovator in India’s online skill-based gaming industry, has announced that it has raised $30 million at a pre-money valuation of $500 million in Series B funding round. This round of funding has been co-led by Silicon Valley based WestCap Group and Tomales Bay Capital, with participation from Matrix Partners India & Orios Venture…
Stock investment startup Smallcase has announced that it has raised $40 million in Faering Capital Series C round. Faering’s Managing Director and Co-founder – Sameer Shroff will be joining the company’s board. The round saw participation from Premji Invest and Amazon Smbhav Venture Fund (ASFV), along with existing investors DSP Group, Sequoia Capital India, Beenxt,…
API platform Postman has said that it has raised $225 million in Insight Partners led Series D funding round. The round saw participation from Coatue, BOND and Battery Ventures as well as existing investors Nexus Venture Partners and CRV. Product Leader of DoorDash – Gokul Rajaram and Girish Mathrubootham, Freshworks Founder also participated in the…
Electric mobility startup MetroRide has announced that it has secured an undisclosed funding in its seed round. The round saw participation from angel investors such as Sudhir Pai, Shailesh Powdwal, Bhagirath Tanna and entrepreneur Sushant Divakar. A statement said, “the funds will be used to expand its all green and 100 percent EV fleet’s footprint…
Hash, a D2C millennial cigarette brand, has announced that it has raised close to US$ 3.5 million (INR 25 crores) in recently concluded angel round. The round, that was led by Amrac Investment Trust, also saw participation by marquee angels – Kunal Shah (Founder, Cred, ex-Freecharge), Jitendra Gupta (Founder and CEO, Jupiter), Ashneer Grover (Co-Founder…
Mumbai-based global robotics startup Miko has said it has raised $28 million in IIFL AMC led Series B funding round. The round saw participation from Aroa Ventures – family office of OYO founder Ritesh Agarwal, Mankind Pharma Family Office, Asian Paints’ Manish Choksi, among other investors. Existing investors including IvyCap Ventures, YourNest Capital, Chiratae Ventures,…
Doxel, a software start-up providing the first computer-vision-powered predictive analytics solution for the construction industry, has announced the closing of $40 million in Series B financing – bringing its total funding to $56.5 million. The investment, led by New York-based global private equity and venture capital firm, Insight Partners, with participation from existing investors Andreessen…
B2B software-as-a-Service startup Everstage has announced that it has raised $1.7 million in 3one4 Capital led seed funding round. Angel investors including Co-founder of Rippling – Prasanna Sankar; Co-founders of Chargebee – Krish Subramanian and Rajaraman Santhanam; CRO of Freshworks – Sidharth Malik; CTO of Conga – Koti Reddy; CEO of Ally.io – Vetri Vellore;…
Emeritus, an education upskilling company, has announced a $650 million funding round, through a mix of primary and secondary funding, which values the company at $3.2 billion, quadrupling its Series D valuation from August, 2020. The investment was led by Accel and SoftBank Vision Fund 2. Accel and SoftBank Vision Fund 2 join Emeritus’ returning…