Covariant, an AI Robotics company, has announced that it has raised $80 million in Series C funding, bringing its total capitalization to $147 million within two years of the company’s public launch. The round was led by returning investor, Index Ventures, with additional participation of Amplify Partners and Radical Ventures. Covariant also added new global…
European company Dixa has announced a Series C funding round totaling $105M. The Series C round is led by General Atlantic, a global growth equity investor with participation from existing investors Notion Capital Project A and Seed Capital. Dixa will leverage the new funds to invest in product development, including potential new acquisitions, and plans…
European pay and spend automation platform Soldo has announced that it has closed a $180 million oversubscribed Series C funding round. The fundraise was led by Temasek, a global investor headquartered in Singapore. Carlo Gualandri, CEO and Founder of Soldo said, “We are delighted to welcome Temasek as the lead investor. With a track record…
Instawork, the leading digital marketplace connecting local businesses with qualified professionals across the U.S., announced it has raised $60 million in Series C financing, bringing total funding to $100 million. Craft Ventures led the round, with participation from Greylock, Corner Ventures, Four River Group, WndrCo, and Tilman Fertitta, owner of Landry’s and the Houston Rockets,…
CommerceIQ, the algorithmic platform that helps consumer brands win in e-commerce, has announced the closing of a $60M Series C funding round. The round will fund international expansion and product research and development focused on further maximizing brand revenue and profitability on Amazon, Walmart, Instacart, Target and other online marketplaces. The company also intends to…
GoMechanic has announced that it has raised $42 million in Series C funding round led by Tiger Global Management. The funding round also saw partcipation from Orios Venture Partners, Sequoia Capital India and Chiratae Ventures. Speaking on the investment, GoMechanic’s founders said “We are thrilled to welcome Tiger Global as our partner at the cusp of our…
RenewBuy, an InsurTech company, has raised US$ 45 million, in a series C funding round. This funding round has been led by an investment from Apis Growth Fund II, a private equity fund managed by Apis Partners LLP, a UK-based asset manager that supports growth stage financial services and financial technology businesses. RenewBuy’s existing investors,…
Mythic, the pioneering analog AI processor company with breakthrough analog compute-in-memory technology, today announced $70 million in Series C funding led by BlackRock and Hewlett Packard Enterprise (HPE). The Series C round brings Mythic’s total funding to $165.2 million. Mythic will use the new funding to accelerate plans for mass production of its groundbreaking AI…
Cityblock Health, a healthcare provider for Medicaid and lower-income Medicare beneficiaries, has announced the completion of a $192 million Series C extension funding round. Cityblock will use the newly-raised capital to accelerate deployment of its community and value-based care model nationwide. New Cityblock investor Tiger Global led this latest round, with participation from existing investors…
Stelis Biopharma (Stelis), a vertically integrated biopharmaceutical company, announced that it has successfully concluded its Series B and Series C fund raise for a cumulative amount of US$ 195 million. Post money valuation for Stelis will be pegged at ~US$ 350m, underpinning the significant growth potential of the business, the release said. With the current…
Vogo, the Bengaluru-based scooter sharing startup, announced it has raised $11.5 million from existing investors Lightrock, Kalaari, Matrix Partners and Stellaris Venture Partners as an extension of its Series C round. The startup will use the capital to expand and electrify its two-wheeler fleet and strengthen its product line to cater to post-pandemic users. The…
Cred has raised $81 million in Series C funding round led by DST Global. Post funding, the startup is valued at $806 million (about Rs 5,883 crore). Sequoia Capital, Ribbit Capital, Tiger Global, and General Catalyst also participated in the funding round, a statement said. In addition, Sofina, Coatue and Satyan Gajwani of Times Internet…
Flock Freight, a San Diego-based digital logistics provider that offers a shared truckload shipping solution for businesses, announced that it has raised $113.5 million in Series C financing led by Softbank Vision Fund 2. Existing investors SignalFire, GLP Capital Partners, and GV also participated in the round, in addition to new minority investment by strategic…
Country Delight, a startup that produces and distributes good quality and unadulterated milk at doorstep, has raised $25 million in its Series C funding led by Elevation Capital (formerly SAIF Partners). IIFL AMC along with existing investors Matrix Partners India and Orios Venture Partners also pumped in additional money, the company said in a statement.…
Zeotap, a Customer Intelligence Platform (CIP) that helps companies better understand their customers and predict behaviors, announced it has raised an additional $18.5 million in Series C funding round from SignalFire, a data-driven venture capital firm. The company has also added Chris Scoggins and Taylor Barada to its board. The latest investment was made from…