Tredence, the Data Science and AI Solutions company, announced it has raised USD 175 million in Series B funding from Advent International (Advent) to accelerate data-fueled growth and AI value realization for industries. Advent is one of the largest and most experienced global private equity investors. Advent will acquire a minority stake in Tredence with…
Metalenz, the market leader for metasurface optics for high-performance 3D sensing solutions, announced the closing of a $30M Series B, led by Neotribe Ventures. The funding will be used to meet the growing demand for the company’s existing 3D Sensor metasurface optics while simultaneously accelerating the market introduction of its revolutionary new polarization sensing solution, PolarEyes. The round…
#dltledgers, a blockchain-based multi enterprise supply-chain business network (MESCBN) platform, announced that it has raised $ 8.5 million from its lead investor in a Series B funding round. This strategic round now brings #dltledgers’ valuation to well above $ 100 million, up from $ 46 million after its Series A round just over a year ago. “The global appetite for…
Yulu, India’s market leader in shared electric Mobility-as-a-service (MaaS) and Battery-as-a-service (BaaS) businesses, announced infusion of $82 million (Rs 653 cr) in Series B funding, led by mobility technology company, Magna International Inc, according to Financial Express report. This funding is primarily for strengthening Yulu’s product and technology innovation and increase its EV fleet to…
Isovalent announced it has closed a $40M Series B funding round led by Thomvest Ventures. M12 (Microsoft’s Venture Fund) and Grafana Labs joined Google and Cisco as existing strategic investors in the company, highlighting the central position that Isovalent occupies in the eBPF and broader cloud native ecosystem. Additional investors include Andreessen Horowitz, Mango Capital, and Mirae…
Awign, India’s largest tech-led on-demand work fulfillment platform, raised $15 million in a Series B funding round co-led by Bertelsmann India Investments and Amicus Capital Partners, along with Mynavi Corporation and existing investors – Unitus Ventures, and the Michael & Susan Dell Foundation (MSDF). The advisory for the transaction was led by a private wealth management firm, Client Associates. Awign plans to…
Fintech startup Jar announced it has raised $22.6 million in Series B funding round led by existing investor Tiger Global. Post funding, the startup is valued at $300 million. Existing investors Arkam Ventures, Eximius Ventures, Force Ventures, LetsVenture, Rocketship Venture Capital and WEH Ventures also participated in the funding round. A new set of funds…
Flip, the next-generation e-commerce platform combining a TikTok-like discovery experience with a premium e-commerce service, announced a $60 million Series B funding round at a valuation of $500 million. The funding round was led by WestCap with participation from previous investors Mubadala Capital and Streamlined Ventures, bringing the company’s total capital raised to $95 million. “Our thesis…
Synaptic, an alternative data insights start-up, announced the successful closure of $20 million in Series B funding round led by Valor Equity Partners. Synaptic combines the best of technology, machine learning, and finance to bring sophisticated alternative data insights to decision-makers. “The amount of data generated by the world grows exponentially every year and can be…
Babel Finance, a wholesale crypto financial services provider, announced the completion of an $80 million Series B funding round at a valuation of $2,000. million US dollars. Lead investors in this round include Jeneration Capital and 10T Holdings, as well as existing shareholders Dragonfly Capital and BAI Capital. Other investors include Circle Ventures and several family offices in…
Redcliffe Lifetech, an omnichannel diagnostics platform, has raised $61 million in a Series B funding round, led by LeapFrog Investments, and participation from Healthquad, Schroders, LC Nueva, Growth Spark Ventures, as well as existing investors Chiratae Ventures and Alkemi Venture Partners, according to ETtech report. Last year, the company raised $10 million in its Series…
Newton School said it has raised USD 25 million (about Rs 191 crore) in a Series-B funding round led by investment firm Steadview Capital, according to PTI report. Steadview Capital’s portfolio includes Indian unicorns Nykaa, Polygon, Zomato and Freshworks. Existing investors Nexus Venture Partners and RTP Global also participated in the round. The capital raised…
KukuFM, India’s subscription based digital audio platform, announced its USD 19.5 mn Series B fund raise led by South Korea’s Krafton yesterday. A&W Capital, an investment advisory firm focusing on the sports, gaming and digital media sectors, acted as the exclusive financial advisor to KukuFM on this marquee transaction, a statement said. The proceeds from the current…
JIFFY.ai, an app-based low-code/no-code intelligent automation platform, announced that it has raised $53 million as part of its Series B funding round led by Eight Roads Ventures and Fidelity. Iron Pillar, R-Squared, and existing investors Nexus Venture Partners, Reaction Capital and Rebright Partners also participated in the funding round. JIFFY.ai plans to use the funding…
D2C men lifestyle brand Damensch has raised $16.4 million in a Series B funding round led by A91 Partners. Existing investors Saama Capital, Matrix Partners, Whiteboard Capital and Alteria Capital also participated in the current funding round. The company makes loungewear and innerwear for men. It will use the funds to invest in technology enhancements,…