Tag: Startup funding

EarthFokus raises Rs 1.52 cr from The Chennai Angels

EarthFokus, a company offering Water savings as a service to commercial and residential clients has raised INR 1.52 CR from The Chennai Angels in a recent fundraise. EarthFokus intends to use the funds for geographic scaling, marketing, expansion of product range and introducing newer, more efficient solutions in the water saving space, a statement said.…

Chennai-based fintech startup Finsire raises $1.3 mn in seed funding

Lending Infratech and asset collateralization API Fintech Company Finsire’ announced that it has raised $1.3M in seed funding from Strategic Investors.  The round saw participation from iSeed, Spark Capital, Devx, 1947 Rise, Adept ventures, Portal Angel Investors, Purple Matters, DeVC India, Lets Ventures, Shashank Kumar and Harshil Mathur, Co-Founders of Razorpay and Mars Shot Ventures,…

Quantum Motion raises £42 mn investment round led by Bosch Ventures

Quantum Motion, a UK-based quantum computing scale-up founded by Professor John Morton, UCL, and Professor Simon Benjamin, Oxford University, has raised over £42 million in equity funding from some of the world’s leading quantum and technology investors. The oversubscribed round is led by Bosch Ventures (RBVC) and joined by Porsche Automobil Holding SE (Porsche SE) and British Patient Capital. All existing investors from…

HRTech platform HireSure.ai raises $2.5 mn in seed funding round

HireSure.ai, an HRtech platform that enables companies to leverage data in making more efficient compensation decisions, has raised $2.5 million in seed funding led by Y Combinator and Binny Bansal’s Three State Capital. San Francisco-based Tribe Capital andPioneer fund also participated in the round.  The company plans to use the funds to strengthen the community, build new products and primarily scale up the engineering and product teams for product development, a statement…

Via closes funding round valued at $3.5 bn, raising $110 mn to expand transport technology portfolio

Via, the global leader in transportation technologies, announced that it has closed a funding round led by 83North, with participation from new and existing investors, including Exor NV , Pitango , Janus Henderson , CF Private Equity, Planven Entrepreneur Ventures , Riverpark Ventures and ION Crossover Partners. The round values ​​Via at USD 3.5 billion, at the same price per share as the company’s…

Rezolve.ai raises $11M Series A funding led by SIG Venture Capital

Rezolve.ai, an AI-powered employee service SaaS platform based in California, announced that it has closed around $11 million in Series A — led by the SIG Venture Capital with participation from Exfinity Venture Partners and follow-on investments from existing investors 9Unicorns and Tri Valley Ventures. The funds will be used to scale growth and further…

DroneBase secures $55 mn funding led by Valor Equity Partners

DroneBase has secured $55 million in investment and rebranded as Zeitview. Led by Valor Equity Partners, an operational growth investment firm backing technology and technology-enabled companies, the round was followed by existing investors Union Square Ventures, Upfront Ventures, Euclidean Capital, Energy Transition Ventures, and Hearst Ventures. The new funding will support the company’s AI-enabled software and global footprint in advanced inspection solutions. This…

Profit.co bags $11 mn funding led by Elevation Capital

Profit.co, a software provider that allows clients to set, track and measure objectives and key results (OKR) for their employees, announced it has raised $11 million in its first external round of funding after about four years of bootstrapping, according to ETtech report. The funding round, closed in August 2022, was led by Elevation Capital…

Enko completes its $80M Series C to progress sustainable crop solutions for World Food Security

Enko, the crop health company, announced that it has raised additional funding from Eight Roads Ventures (a global proprietary investment firm backed by Fidelity), Nufarm, Endeavor8, and Akroyd LLC. This raise, which follows Enko’s initial close of $70 million in July 2022, brings the company’s overall capital raised to date to $150 million. Enko will use the new funds to advance the company’s…

Gurugram-based startup CapGrid raises $7 mn in Series A funding

CapGrid, a B2B cloud manufacturing startup for precision parts and components, has raised $7 million in a Series A funding round led by Nexus Venture Partners, according to ETtech report. Existing investors Anicut Capital and Axilor Ventures, which was founded by Infosys co-founders Kris Gopalakrishnan and SD Shibulal, also participated in the current funding round.…

Bengaluru-based Rigi raises $12.3 mn in funding

Rigi, an online content broadcasting and mentoring platform provider, has raised $12.3 million in a funding round led by Elevation Capital, according to ETtech report. Accel India, Stellaris Venture Partners and Sequoia Capital has also participated in the latest funding round. Rigi has also added new angel investors to its cap table. These include India’s…

Upekkha to invest in 60 early-stage B2B SaaS startups in 2023

Upekkha, a B2B SaaS-specific accelerator which also provides option-friendly pre-seed capital, announced it has invested in 41 startups to date. Currently, UP Funds invests $100K in every Upekkha startup. In 2021, Upekkha invested in 11 Value SaaS startups, and in 2022 the number went up to 30. Upekkha’s intention is to fund 60 businesses in…

Bengaluru-based Myelin Foundry raises $3 mn in funding

Deeptech startup Myelin Foundry has raised $3 million in an early stage funding round led by Visteon Corporation, a Detroit-based automotive supplier, according to ETtech report. Returning investors Endiya Partners, Beyond Next Ventures, and Pratithi Investment Trust also invested in the round. Pratithi Investment Trust is Infosys co-founder Kris Gopalakrishnan’s family office, a statement said.…

VilCart raises $18 mn to expand operations

VilCart, the rural economy-focused technology startup, has raised $18 million (Rs 144 crore) from investors to expand operations, according to PTI report. The company raised this amount in a Series A funding round led by Asia Impact SA. Nabventures Fund and Texterity Pvt Ltd also participated in the round, VilCart said in a statement. With…