Entrepreneur First (EF), UK-based global talent investor, has announced investment in six Indian tech start-ups Zevi, D-NOME, Beatoven, Omniflo, Flippy and Zolnoi. With the latest funding, EF has invested in 34 tech start-ups in the country since its launch in India in 2019, the statement said. Despite the challenges posed by the pandemic, early-stage investment…
Mumbai-based edtech startup Klassroom Edutech has secured $200,000 in its pre-Series A funding round. Led by ah! Ventures, the pre-Series A round saw participation from angel networks like Meteor Ventures, Startup Angels Network and Growth Sense. “This funding from ah! Ventures and other reputable networks will help us grow our existing offerings, enhance innovation in…
Gurgaon-based Radiohead Brands, makers of Jimmy’s Premium Cocktail mixers, has raised INR 6 crores in a bridge round led by Vinay Agarwal – Director, First State Stewart Asia and Keki Mistry, HDFC Ltd, among others. The round also saw participation by existing investors and the founders, all of whom upped their stake in the company. Commenting…
Israeli AI startup NovaSight recently announced today that it has finalized its round A financing totaling $8mn. The round was led by Rimonci Capital and joined by world-leading strategic investors from both pharmaceutical and medical device industries. Prior to this round the company had raised $8mn for a total of $16mn. The funds will be…
Dutch eyewear brand Ace & Tate recently announced that it has raised a financial investment of €14.25mn led by existing investor Rinkelberg Capital LTD. The recent investment brings the 7-year-old company’s total funding to €57.5 million. The funding allows Ace & Tate to invest in three critical areas of the business: retail expansion in new…
German automobile manufacturing giant Volkswagen recently announced that it has increased its stake in US-based solid state battery company QuantumScape. The automaker has recently invested another $200mn in the Stanford University spinout startup to boost the development of solid-state battery technology that aims to increase the ranges of electric cars and shorten charging times. “We…
M12, Microsoft’s venture fund that empowers B2B entrepreneurs through investments, insight, and unparalleled access to Microsoft, announced that it has set up an office in Bengaluru that will bolster efforts in pursuing investment opportunities, according to an ETtech report. M12 is based in San Francisco, Seattle, London, and Tel Aviv. The local office will pursue…
Bengaluru-based Arkam Ventures, formerly known as Unitary Helion, recently announced the first close of ₹325Cr of its maiden ₹700Cr startup fund. The company says it will focus on early-to-growth-stage startups in Series A, Series B stages across financial services, healthcare, food, agriculture, and mobility space. The new fund is backed by investors like Small Industries…
Blue like an Orange Sustainable Capital has closed its first fund, raising just over $200 million for its Latin America Fund I (“the Fund”). The Fund focuses on mobilizing private, primarily institutional, capital for Latin America, and counts over 25 investors as Limited Partners – including AXA, HSBC, CNP Assurances, BNP Paribas Cardif, SG Insurance,…
New Delhi-based co-working space solutions provider, Awfis, recently announced that it has raised ₹40 crore in debt and equity through its ongoing Series D round funding. The round saw participation from its existing investors Bisque Limited and Link Investment Trust. The WeWork inspired proptech company started its Series D round last year in August. The…
Gurugram-based cloud kitchen startup, Hoi Foods recently announced that it has raised $2mn in pre-Series A funding round. The funding round was led by equity crowdfunding platform 1Crowd. The funding round also saw participation from Sprout, Angelist, Samar Singla – Founder of Jugnu, Jaideep Mehta – CEO of VCCircle, Mukund Kulashekaran – SVP of Business…
New Delhi-based electric vehicle start-up Euler Motors recently announced that it has raised ₹20 Crores through its ongoing series A funding round. The fundraiser was led by Inventus Capital along with other participants. The other investors in the fresh round of funding include Blume Ventures, Singapore-based Jetty Ventures India Investments and Udaan’s co-founder Sujeet Kumar.…
Technology company Datch has secured $3.2 million in seed funding for its “Voice-Visual” AI assistant for industry. The funding round saw participation from Blue Bear Capital as the lead investor, along with support from Stage Venture Partners, Tuhua Ventures, Lorimer Ventures, Predictive Venture Partners, and Plug and Play Ventures. “With industry-leading partners on board from…
Info Edge Ltd, one of India’s premier internet based business that runs Naukri.com and 99acres.com, announced that it will be investing in two companies via IE Venture Fund I, its investment vehicle that focusses on technology-based startups, according to a VCCircle report. The investments will be made in Fanbuff Esports India Pvt. Ltd, which operates…
California-based smart electric panel company Span.io recently announced that it has raised $10.2million in Series A funding round. The funding round was led by ArcTern Ventures. The round also saw participation from Capricorn Investment Group, Incite Ventures, and a few existing investors. With the new funds, the company plans to meet the demand and scale…