San Francisco-based speech recognition technology startup Deepgram recently announced that it has raised an undisclosed amount of investment from In-Q-Tel, the venture capital capital arm of U.S Intelligence community. Post the investment, IQT and its government partners will start testing Deepgram’s transcription technology. Earlier, the startup had raised $12mn in Series A funding round led…
Tag: Y Combinator
Deepak Chhugani’s Nuvocargo raises $5.3 mn in seed funding
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•Nuvocargo, a trucking managed marketplace, announced that it has raised $5.3 million seed round of funding led by Silicon Valley-based NFX and Mexico City-based ALLVP. The seed round also saw participation from One Way Ventures, Maya Capital, Magma Partners, the co-founders of Rappi, the former CMO of Cabify and other angels. The company will use…
FamPay raises $4.7 mn seed funding led by Y Combinator, Sequoia, Venture Highway & others
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•FamPay, a teenager-focused payments app, announced it has raised $4.7 million seed funding led by Y Combinator, Sequoia India, Venture Highway and GFC (Global Founders Capital). Angel investors such as Twitch co-founder Kevin Lin, Robinhood co-founder Vladimir Tenev, Cred founder Kunal Shah, and Pine Labs CEO Amrish Rau also participated in the funding round. The…
Kisan Network raises $3mn in seed funding
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•Y Combinator-backed agritech startup Kisan Network recently announced that it has raised $3million in a seed funding round. Led by Atsushi Taira at Milestone, the round saw participation from Y Combinator, the Thiel Foundation, Venture Highway, FundersClub, Lynett Capital, Gokul Rajaram, and others. Kisan Network was founded by a father-son duo, Aditya and Sanjay Agarwalla…
Indian start-ups bag heavy at Y Combinator
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•Y Combinator, the Silicon Valley start-up accelerator has picked 28 Indian start-ups for its 2019 winter batch, which is more than double of their earlier batch from India. Last year the strength was at 12 for its summer batch, said sources familiar with the development.* This is a significant increase from the past few years…
Lokal raises $3M from Y Combinator, 3one4 Capital, others.
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•Lokal, a local news and classifieds platform hosting content in regional languages, has raised $3 million from 3one4 Capital, Y Combinator, RB Investments, SOMA Capital, and its existing investor India Quotient. The company was founded in 2018 by IIT Alumni, Jani Pasha and Vipul Chaudhary. Other participants of this funding round are Twitch Co-founder Kevin…