The NDC Partnership has launched the Partnership Action Fund (PAF), with at-launch commitments of $33 million that members will be able to access in order to quickly respond to a developing country’s needs, according to a statement. The statement added, “The new funding comes as the members of the NDC Partnership announced they are ready…
CompStak, a commercial real estate transaction data and analytics platform, has announced $50 million in Series C funding. Investment Funds managed by Morgan Stanley Expansion Capital led the investment round with participation from Mitsui Fudosan’s CVC Fund and Crow Holdings, and several existing investors, including Canaan Partners & IA Capital. The investment brings CompStak’s total…
ElectricPe, India’s EV charging platform, has announced that it raised a seed round of $3 million. Led by Blume Ventures and Micelio Fund, the company will utilize the capital to further develop its platform to enable easy access to affordable charging points via the ElectricPe App. Investments from other notable angel investors included Anshuman Bapna…
Nuritas, a biotechnology company, has closed a $45 million USD Series B funding round. The investment, led by Chicago-based Cleveland Avenue, LLC, includes Grosvenor’s Wheatsheaf Group, the European Circular Bioeconomy Fund (ECBF), Singapore-based Vertex Holdings, Nutresa Ventures/ Veronorte and CJ. Cultivian Sandbox Ventures and VisVires New Protein, who led previous rounds, also participated. Other early…
Trademo, a global supply chain intelligence company, has announced that it has secured $12.5 million seed round funding. Investors include marquee Silicon Valley venture capitalists Amit Singhal (former SVP Google), Saama Capital, Neeraj Arora (former Chief Business Officer of WhatsApp), Sridhar Ramaswamy (Founder/CEO Neeva and former SVP Google) and Shalabh Singhal (founder/CEO Trademo). “Global trade…
LMCE’s startup Xpand has announced that it has secured $ 1.5 million in the latest pre-Series A round. CEO of Amansa Capital – Akash Prakash led the round, in his personal capacity. The round also saw participation from other professionals and HNIs like Madhu Jayakumar, Dipinder Sandhu and Shagun Khandelwal. Speaking on the announcement, Sanjay…
Collibra, the Data Intelligence company, has announced that it has raised $250 million in Series G funding. Sequoia Capital Global Equities (SCGE) and Sofina led the round, along with participation from new investor Tiger Global Management and existing investors Battery Ventures, CapitalG, Dawn Capital, Durable Capital Partners LP, ICONIQ Capital and Index Ventures. The funding…
Cradlewise, a Silicon Valley-based baby technology company that makes smart cribs for babies, has raised a seed round of $7M led by new venture capital firm Footwork with significant participation from CRV and follow on from existing investors SOSV and Better Capital. Other notable investors participating include Katrina Lake (founder of Stitch Fix), Jeremy Cai…
H2O.ai, the AI cloud platform, has announced that it has closed $100 million in Series E funding led by Australia-based bank, customer Commonwealth Bank of Australia (CBA). H2O.ai has now raised over $250 million and is valued at $1.7 billion. Pivot Investment Partners joins prior investors Goldman Sachs Asset Management and Crane Venture Partners. Existing…
Integrated pooling and supply chain solutions company Leap India has announced that the company has secured Rs 104 Cr in debt from CDC Group. A company statement said, “With a two-fold mission to connect the grain supply chain from farm to business, and to transform itself into a robust agri-silos and logistics platform, Leap India…
Investment advisory platform Stratzy has announced that it has secured $800,000 in its pre-seed financing round. The latest round saw participation from Leo Capital, First Cheque and Titan Capital. Speaking on the announcement, Mohit Bhandari, Co-founder and CEO, Stratzy, commented, “While the ultra-rich have a plethora of financial products at their disposal, the regular investor…
WOO Network has announced the completion of its $30M Series A with backing from Three Arrows Capital, PSP Soteria Ventures, Gate Ventures, QCP Capital, and Crypto.com Capital. The round saw investors across core pillars in the industry: trading institutions, exchanges, venture funds, and research firms such as AscendEX, AntAlpha, MEXC Global, LBank, Fenbushi Capital, BitMart,…
Ittiam Systems has announced that Dolby Laboratories has made a strategic capital investment in the company. The investment will facilitate co-creation of new technologies and products for the rapidly growing online media workflows around content creation, delivery and consumption, according to a statement. “This is a momentous occasion in the journey of Ittiam Systems, and…
Fountain, an all-in-one applicant tracking system, has announced $85 million in Series C financing, led by SoftBank Vision Fund 2* with participation from B Capital Group and Mirae Asset Venture Investment, and existing investors DCM, Origin Ventures, Commerce Ventures, SemperVirens Venture Capital and Uncork Capital. With the Series C, Fountain has now raised $119 million…
BrightChamps, a global platform for kids to learn next-generation skills has recently announced that it has raised $63 million to emerge as one of the fastest growing Edtech startups to reach a valuation of nearly half a billion dollar in little over a year, according to a statement. The investment round saw contributions from multiple…