Leadership development startup PeakPerformer has raised early-seed round from Antler India, a venture capital firm. The co-investors in the funding round were Co-founder and CEO of Unacademy Group, Gaurav Munjal and Angel Investor & Founder of Onnivation, Saket Agarwal. Aishwarya Goel, Co-founder and CEO, PeakPerformer, commented, “There are 90 million+ managers globally but only a…
Next-generation insurtech startup, Vital has announced that it has secured $3 million in a pre-Series A funding round. The round was led by BLinC Invest, a venture capital company and saw participation from Survam Partners, Venture Catalyst, as well as other angel investors. Rahul Kumar, Co-founder and CEO, Vital, stated, “Unlike traditional health insurance, which…
Identity verification startup Trulioo has announced that it has raised $394 million at $1.75 billion valuation. The funding round was led by TCV, a venture capital firm. The round also saw participation from existing investors Blumberg Capital, Citi Ventures, Amex Ventures and Mouro Capital. “The Vancouver-based company has access to over 450 different data sources,…
Global venture capital firm GGV Capital has announced the closing of the largest family of funds in its 20-year history, totaling $2.52 billion. The committed capital includes $1.464 billion for GGV Capital VIII, L.P., $366 million for GGV Capital VIII Plus, L.P., $610 million for GGV Discovery III, L.P., and $80 million for GGV Capital VIII Entrepreneurs Fund. The managing partners of the new…
Venture capital investment firm TrueBridge Capital Partners recently announced the close of its sixth venture capital fund-of-funds, TrueBridge Capital Partners Fund VI, L.P. (“Fund VI”) with $600mn in limited partner commitments. With this latest fund, TrueBridge surpasses its previous fund of $450 million and now manages over $3.3 billion in assets. “Today’s global economic environment…
Palo Alto-based early-stage venture firm, Wing has recently closed its third fund by raising $450mmn in capital. The entire fund was raised virtually and is substantially bigger than its second fund which raised $300mn in funds. The venture capital firm was formed in 2013 by veteran venture capitalists Peter Wagner and Gaurav Garg. Wagner previously…
B2B SaaS platform Templafy recently announced that it has raised $25mn in its Series C funding round led by global venture capital and private equity firm Insight Partners. With Insight Partners at the helm, the additional funding involved participation from Dawn Capital, Seed Capital, and Damgaard Company, bringing the total external capital raised to almost…
Venture Capital firm Quest Ventures recently announced the first closure of its new $50mn fund. The new fund, Asia Fund II, is anchored with the help of two investors, Pavilion Capital and QazTech Ventures, the sovereign wealth fund of Kazakhstan. In addition to Pavilion and QazTech, Fund II is also backed by entrepreneurs, C-suite executives,…
Silicon Valley-based venture capital firm Mayfield recently announced that it has raised $750 million in capital through two venture capital funds. With the closure of the new funds, the firm currently has assets over $2.5 billion under its management. The new funds are Mayfield XVI ($475million) and Mayfield Select II ($275million). The firm said that…
London-based venture capital firm Blossom Capital has recently announced its plan to launch an angel investment program called “Cultivate” to support 20 European startups at seed and pre-seed stage. The Ophelia Brown-led VC firm will bring together Europe’s next-generation of ambitious founders with established unicorn pioneers such as Des Traynor (Intercom), Guillaume Pousaz (Checkout.com), Nilan…
The ongoing COVID-19 pandemic has become a major crisis for young business owners. With employees unable to attend offices, operations temporarily suspended and a government-imposed 21-day lockdown, everything for some time has come to a halt. The unprecedented health crisis is going to have a deep impact on every aspect of Indian society and the…
Singapore-based early-stage venture capital firm, Lyra Ventures recently announced that it has launched a Japan-backed global second fund. Japanese fashion conglomerate TSI Holdings will be a key investor in this fund. However, the company did not disclose any financial details. Lyra Ventures, which was formerly known as Start Today Ventures, said that the new fund…
Venture Capital firm Blume Ventures recently announced the closure of its opportunity fund titled Fund IIA at $41mn. The fund will be used to support growth-stage portfolio startups. The announcement of the opportunity fund follows the closure of Fund III by Blume Ventures. According to a company statement, the investment for the new fund was…
Biotech startup Arima Genomics Inc. has recently announced that it has completed Series A funding round led by Agilent Technologies and Cowin Venture. The funding round also saw participation from Vectr Ventures and Berkeley Catalyst Fund. The company plans to use these funds for expanding its commercial efforts and adding new applications to the existing…
Venture Capital firm Blume Ventures recently announced the closure of its Fund III at $102mn. The firm’s third fund has been raised from anchor investors based in India, Japan, the US, and Asia. The fund also raised amounts from existing limited partners, who have earlier invested in previous funds. According to a company press release,…