Moove, the global mobility fintech that democratises access to vehicle ownership for mobility entrepreneurs, announced that it has raised $100 million in a Series B funding round, valuing the company at $750m. Uber invested in the round alongside Mubadala, who led Moove’s previous funding round in 2023. The round will enable Moove to expand its…
Point2 Technology, a leading provider of ultra-low-power, low-latency mixed-signal SoC solutions for multi-terabit interconnect, announced a $22.6 million Series B extension from Bosch Ventures, a leader in deep tech investments, and Molex, a global electronics leader and connectivity innovator, with participation from other investors. This Series B extension validates the demand for Point2’s technology in AI/ML data center…
Rite Water Solutions announced it has successfully concluded its second and final part of series – B funding round, securing an investment of INR 32.5 crore from an eminent group of investors. The round saw participation from ace investor Mukul Agrawal, a prominent figure in the Indian stock market, and Gunavanth Vaid, a respected MSME investor and others…
Cybersecurity company Cyble announced the successful completion of its Series B funding round, securing an additional $6.2 million. In July, Cyble had secured $24 million in the initial tranche of its Series B funding. With this latest investment, the company has officially closed the entire funding round at $30.2 million. Summit Peak Ventures (US) and King River Capital (US) spearheaded this funding…
Fixed income investment startup Jiraaf has raised $8.7 million in its series B round of funding, according to ETtech report. The round was led by existing investor Accel and Harmony Partners. It also saw participation from domestic early-stage seed fund Capital A and a bunch of angel investors. Since inception in September 2021, Jiraaf has…
Lentra, a cloud-based lending software provider, has raised $27 million in an extended series B round to make way for strategic investors on its cap table, founder and CEO D Venkatesh told ET. He added that MUFG Bank and Dharana Capital have invested at a $400 million dollar valuation, the same valuation at which the…
Neat Burger, the plant-based food group backed by Lewis Hamilton and Leonardo DiCaprio, is expanding its global reach after successfully raising $18 million in a Series B fundraise. With operations across three territories, the company has set its sights on the United States with the opening last month of its first location in Nolita, New York. The successful fundraise was completed in October…
Supply chain software leader, Pando, announced its Series B funding of $30 million, bringing total capital raised so far, to $45 million. The round was led by marquee Silicon Valley investors Iron Pillar and Uncorrelated Ventures, with participation from existing investors Nexus Venture Partners, Chiratae Ventures and Next47. Several prominent American CEOs and angel investors also participated in this round including David Dorman, Chairman of CVS…
Energy Dome, the company behind the CO2 Battery, the innovative long-duration energy storage solution, announced it has closed a 40 million euro (circa $44 million) Series B funding round. The financing round was led by Eni Next, the corporate venture capital arm of Eni. Eni Next invests in high-growth start-ups to boost the energy transition to…
Lokal, India’s hyperlocal content, community, and classified platform, announced it has raised INR 120 Cr in Series B funding from new investors Global Brain and Sony Innovation Fund, with participation from India Quotient and other existing investors. The company will use the fresh funds to grow in existing markets, launch new categories and product capabilities, further…
Certn, a leader in online background checks and identity verification, announced it secured an additional US$30M in Series B financing with over US$29.5M coming from Export Development Canada (EDC). To date, Certn has raised over US$114M in venture funding with US$80M coming via the latest Series B round. This additional funding helps Certn, who acquired Australia’s InterCheck…
Safe Security, the leader in AI-based cyber risk management SaaS platforms, announced the close of a $50 million Series B round led by Sorenson Capital, with participation from Eight Roads, venture capital arm of Fidelity Investments, Telstra Ventures, WTI, and all existing investors. This round brings the company’s total funding to over $100 million. “Tailwinds from…
Intelligent fluids, an award-winning German DeepTech scaleup, has announced a €10mn Series B financing round. The round was led by WAVE Equity Partners, a US-based sustainability fund, with participation from existing institutional investors, High-Tech Gründerfonds (HTGF) and IBG Sachsen-Anhalt. On the fundraise, Christian Römlein, CEO of intelligent fluids, said, “The funding by WAVE Equity Partners demonstrates…
Nanoprecise Sci Corp, an AI-based Condition Monitoring & Prescriptive Maintenance Solution provider raised USD $10 million in series B investment from 4 new investors. The round was led by Export Development Canada (EDC), with participation from Honeywell Ventures, NSK Ltd., and EC Mergers & Acquisitions. Founded in 2017 by CEO Sunil Vedula, the core team of Nanoprecise comprises…
Health food brand The Whole Truth has raised Rs 90.21 crore, or nearly $11 million, in a Series B funding round led by Sequoia Capital India and Matrix Partners India, according to regulatory filings shared by intelligence platform Tofler. This takes the company’s total fundraise till date to over Rs 142 crore. As per the…