Tag: Technology company

Cradlewise secures $7M funding

Cradlewise, a Silicon Valley-based baby technology company that makes smart cribs for babies, has raised a seed round of $7M led by new venture capital firm Footwork with significant participation from CRV and follow on from existing investors SOSV and Better Capital. Other notable investors participating include Katrina Lake (founder of Stitch Fix), Jeremy Cai…

Wisetack raises $45M in Series B Funding

Wisetack, a technology company that brings buy now, pay later to in-person services like home and auto repair, has announced a $45M Series B fundraise, led by New York-based global private equity and venture capital firm Insight Partners, with existing investors Greylock Partners and Bain Capital Ventures, among others, also participating in the round. This…

SIMBA Chain Raises $25 Million in Series A Funding

SIMBA Chain , the technology company that eliminated the complexities of blockchain app development and reduced energy usage, has closed a $25 million Series A funding round led by Valley Capital Partners. The round received additional participation from the Notre Dame Pit Road Fund, Elevate Ventures, Stanford Law School Venture Fund, and individuals affiliated with…

Infra.Market bags $125M from Tiger Global at $2.5B valuation

India-based technology company Infra.Market has announced that it has raised $125 million in the Series D funding round from Tiger Global at $2.5 billion valuation. Founder of Infra.Market – Souvik Sengupta told to PTI, “The new fund-raise will enable Infra.Market to enhance its technological offerings, seed newer markets, and advance their initiatives such as private…

Electric Motor Company Enedym Inc. Secures $15 Million Investment

Enedym, the technology company that develops next generation electric propulsion and electrified powertrains, has announced a $15 million financing round from an international group of strategic investors within the U.S., Canada, Europe, and India; including P&A Paletta Giving Inc., TRIO Capital Group Inc., Napino Group, KWG Capital Inc., Pathfinder Asset Management Limited, and others. The…

Insurance company Hellas Direct raises EUR 32m

Hellas Direct, a technology-driven insurance company operating in Greece and Cyprus, has announced that it has raised a further EUR 32m in funding in its latest financing round, bringing the total raised to date to EUR 56m. The company also welcomed on board an investor, the European Bank for Reconstruction and Development (EBRD). The EBRD…

Infra.Market acquires majority stake in Hyderabad-based Sociam Equipment

India-based technology company Infra.Market has acquired majority stake in Hyderabad-based Sociam Equipment Solutions Pvt. Ltd. It is an equipment solutions platform and owns Equiphunt. The financial details of the deal was not disclosed. Aaditya Sharda, co-founder – Infra.Market, said, “Construction is one of the largest components in India’s economy and yet ironically one of the…