ImmVira Group Company, a biotechnology company focused on the development of new generation oncolytic viruses as potential cancer therapeutics, announced the signing of $10 million Series B Plus strategic financing. The round of financing will be exclusively funded by Shanghai Healthcare Capital (SHC), managed by SIIC Capital, where Shanghai Pharma is one of the founding…
Onsitego, an after-sales services startup for personal devices, gadgets, small and large home appliances, announced that it has raised $10 million in an extension to its Series B funding round from IFC. Avendus Capital acted as the financial advisor for this transaction. Earlier in February, the startup had raised funds from Zodius, with participation from…
WireBarley, a South Korean fintech startup specializing in global remittance services, announced it has raised 10 billion won ($10 million) in Series B funding from Magna Investment, Shinsegae I&C and Dt & Investment. Joon-Hak Bae, Vice President of Magna Investment, who led the Series B funding said, “WireBarley has seen explosive growth and is on…
Observe.ai, a San Francisco-based startup developing AI-based transcription and analytics software for call centres, announced it has raised $54 million in a Series B funding round. The funding round was led by Menlo Ventures, along with participation from Next 47 Ventures and NGP Capital. The company will use the funding to bulk up its R&D…
Cashkaro, one of India’s Largest Cashback & Coupons sites based in Gurugram, announced it has raised $10 million in Series B funding round. The funding is led by Korea Investment Partners (KIP) and existing investor Kalaari Capital, as per ETtech report. The company said it will spend 5X the usual marketing budget in the next…
Hasura, a San Francisco and Bengaluru-based startup that provides developer-focused tooling products, announced that it has raised $25 million in Series B funding led by Lightspeed Venture Partners. Existing investors Vertex Ventures US, Nexus Venture Partners, Strive VC and SAP.iO Fund also participated in the funding round. As per ETtech report, John Thompson, Chairman of…
WinZO, a vernacular gaming platform with monetary benefits, announced it has raised $18 million in Series B round of funding. The round was led by Makers Fund, a Singapore-based global interactive entertainment fund, and New York-based Courtside Ventures, as per ETtech report. The current investment from both the funds turns out to be their first…
Ultraviolette Automotive, a startup working on electric two-wheelers and energy infrastructure, announced that it has raised Rs 30 crore from TVS Motor Company. Founded in 2017 by Narayan Subramaniam and Niraj Rajmohan, Ultraviolette Automotive synthesizes design and technology to create new dimensions in advanced engineering and seamless user experiences. The startup had started by building…
FASHIONPHILE, the US-based pre-owned e-commerce company focused exclusively on ultra-luxury handbags, watches and fine jewelry, announced that it has raised $38.5 million in Series B funding led by NewSpring Growth, the dedicated growth and expansion strategy of private equity firm NewSpring. This funding round follows Neiman Marcus’ minority investment in the Company in April 2019,…
Avail Finance, a Bengaluru-based financial care service provider for the unorganised workforce of India, announced that it has raised about Rs 87 crore in a Series B funding round, led by Falcon Edge Capital, as per Entrackr report. Existing investor Matrix Partners also participated in the funding round. Alphawave Incubation, which is managed by Falcon…
Omaze, the leading online fundraising platform that offers once-in-a-lifetime experiences and prizes to support charities around the world, announced the close of a $30 million Series B round led by FirstMark Capital. Additional investors include Causeway Media Partners, BDMI, Tusk Ventures, Inherent Group, Gaingels, Penni Thow’s Copper and Guy Oseary. Co-founded by CEO Matt Pohlson…
Springboard, a San Francisco-based edtech platform, announced that it has raised $31 million in Series B funding round led by Telstra Ventures and other new investors like Vulcan Capital and SJF Ventures. Existing investors who participated in the fundraising include Costanoa Ventures, Pearson Ventures, Reach Capital, International Finance Corporation (IFC), 500 Startups, Blue Fog Capital,…
Palmetto, a software company focused on simplified energy savings for homeowners, announced that it has completed a $29 Million Series B raise. Investors from a wide range of sectors including energy, financial technology and software participated in the capital round that included Evergy Ventures, Arctern Ventures, Shell Ventures, Greycroft, Lerer Hippeau, Box Group, Falkon Ventures…
Lemonaid Health, a convenient, affordable, on-demand platform for accessing healthcare online, announced that it has raised a $33 million Series B round of funding, bringing total financing to $55 million. The oversubscribed round was led by Olive Tree Ventures with participation from Artis Ventures, Correlation Ventures, Hikma Ventures, Sierra Ventures and others. With this investment,…
Fund+, an investment firm focused on innovative European Life Sciences companies, announced that it has led the €38 million Series B financing in Indigo Diabetes. Indigo is developing a novel ‘invisible’ continuous glucose monitoring device for diabetics. Jan Van den Bossche, Partner at Fund+, will join the Board. Indigo has developed a small chip using…