Atlanta-based SecurEnds, a cloud-native Identity Governance company, has announced that it has closed a $21 million Series A led exclusively by Elephant. “We’ve built the industry’s first fully-cloud-native and configurable Identity Governance platform, empowering organizations to secure identities, protect against data breaches, and meet security and compliance needs,” said Tippu Gagguturu, co-founder and CEO of…
Flymachine, a virtual venue for live entertainment, has announced that it has raised $21 million in new funding. The financing was led by Greycroft Partners and SignalFire, with additional participation from Primary Venture Partners, Contour Venture Partners, Red Sea Ventures, and Silicon Valley Bank. Angel investors joining the round include music-industry luminaries Coran Capshaw, Bill…
AI-powered farm advisor Aquaconnect, based in Chennai, has secured $4 million in a pre-Series A round co-led by Flourish Ventures and Rebright Partners. AgFunder, 6G Capital as well as existing investors HATCH and Omnivore also participated in the latest funding round. Speaking on the announcement, Rajamanohar “Raj” Somasundaram, Founder and CEO of Aquaconnect, commented, “The…
Veo, a micromobility company, has announced the closing of a $16 million Series A funding round led by Autotech Ventures, with participation from UP.Partners, FJ Labs, and Interplay Ventures. Veo will use the funds to expand its footprint of custom-designed, shared-use scooters and bikes. “At Veo, we are laser-focused on the long term with high quality vehicles…
MPOWER Financing, a fintech platform and provider of education loans to students, has announced that it has raised an equity investment of $100 million. The funding is in addition to the $30 million MPOWER Financing raised earlier this year from Tilden Park Capital Management, which also participated in the current round, and ETS Strategic Capital…
Tridius Technologies, a Microsoft Gold Partner and application development consulting firm, has received a majority investment from Terralogic Solutions Inc., a global technology consulting firm backed by Paxion Capital to expand Terralogic’s portfolio of services in the technology industry. CEO Matthew Ramsey, CTO David Clark and EVP Kevin Wheat will retain a significant equity ownership…
Northleaf Capital Partners (Northleaf) has announced that it held the final closing for Northleaf Private Credit II (NPC II) and a related separately managed account, raising more than US$900 million to invest in performing loans to global mid-market companies. Including anticipated leverage, the total investible capital amounts to approximately US$1.2 billion. “We are pleased with…
Ola, a mobility platform, has announced that Temasek and Plum Wood Investment Ltd, an affiliate of Warburg Pincus, a global private equity fund focused on growth investing, are partnering with Ola founder Bhavish Aggarwal for a $500M investment ahead of Ola’s IPO. The platform said in a statement, “This is amongst the largest investments in…
Blockchain platform, based in Bengaluru, Arcana has announced that it has raised $375K from Coinbase’s Balaji Srinivasan and other angels. Mayur Relekar, CEO of Arcana, said, “Data privacy and security will be first-class citizens in every app’s stack. Privacy and ownership of data will be a necessity for every product and developers need easy-to-use tools…
Construction management app, based in Bengaluru, Powerplay has received $5.2 million from Sequoia Capital India’s Surge and Accel Partners. “Powerplay comes at a time when the construction industry in India is ripe for digital disruption. By empowering construction workers and contractors with technology, we are driving the growth of crucial infrastructure required for economic and…
Biocraft Innovation Technology has raised undisclosed amount in the pre-seed funding round from JITO Angel Network Anubhav Mittal, Co-founder of Biocraft, said, “We are excited to get investment from JITO Angel Network for our endeavour to impact the environment and livelihood as it resonates well with our investors’ concerns for sustainable development goals.” Anubhav further…
Interactive coding platform Codedamn has announced that it has raised an undisclosed sum in the pre-seed round from Antler India and is now a portfolio company of Antler Global. Speaking on the development, Rajiv Srivatsa, Partner at Antler, commented, “Codedamn is a grassroots solution for developing tech and talent at a global scale, cutting across backgrounds,…
Homegrown D2C brand Earth Rhythm has announced that it has raised $1.2 million in seed funding round from Anicut Angel Fund. Speaking on the announcement, Harini Sivakumar, Founder and CEO at Earth Rhythm, commented, “We are thrilled to see the confidence of our early investors reinforced during this round. In the long term, Earth Rhythm envisions helping Indians…
10Web, a startup that automates website hosting and building with AI, has announced a $2M funding round for its Automated WordPress Platform from Sierra Ventures and AI Fund. Speaking on the investment, 10Web’s CEO Tigran Nazaryan, said, “Tens of millions of WordPress websites are built every year, and an average website launch takes 5 weeks!…
India’s payment solutions platform for NGOs DanaMojo has secured Rs 3.05 crores from Rohini Nilekani. The latest funding round also saw participation from Social Alpha, Pravin Gandhi, Seedfund Venture Fund’s General Partner and Vasanthi Anand. “This investment is extremely encouraging for social entrepreneurs in India. With my experience in the NGO space, I understand the need…