Posts

Browsing: News

Ouster grabbed $42M from Series B financing to fund product development and worldwide sales acceleration

Ouster grabbed $42M from Series B financing to fund product development and worldwide sales acceleration

Ouster, a Hi-Tech company founded in 2015, with 160 employees as of September 2020, and HQ in San-Francisco and offices in Paris, Hamburg, Frankfurt, Hong Kong, and Suzhou, that created the automation revolution with high-resolution lidar sensors (robotics and computer vision systems), and served over 800 customers in 15 markets,  attracted Series B financing Round of $42M from Fontinalis Partners, Tao Capital Partners, and Cox Automotive, reaching $140M investments from 13 investors. The money attracted will go to develop more products and promote worldwide sales. Unicorn Nest Dataset Insights In spite of pandemic-induced delays in the self-driving vehicle industry, Ouster raised Series B Round of $42M. The Round B financing is less than the previous one of $60M directed to prepare the main set of 3 products and build the factory. Because of COVID Ouster had to cut 10% of employees and stop manufacturing at its factory in SF. So […]

Read more
Thunes networked $60M to expand its cross-border payment operations

Thunes networked $60M to expand its cross-border payment operations

Thunes, a Singapore payment system startup with Global footprint in 100+ countries, 140m annual b2b transactions in 60+ currencies, founded in February 2019 as the result of splitting TransferTo into two companies (Thunes for b2b and DT One for b2c), with subsidiaries in Singapore, London, New York and Shanghai, and offices in Dubai and Nairobi, successfully completed Round B and extracted $60M from Helios Investment Partners, Checkout.com, GGV Capital, and Future Shape. The total investment amount topped $70M (the previous Round A brought $10M in 2019). Unicorn Nest Dataset Insights This Round was aimed to collect money for cross-border expansion of the Thunes payment systems. GGV Capital is existing investor and well-established in China and in fact opened the Chinese market to the startup. The Round lead Helios Investment Partners is a private equity and venture capital firm based in London, that prefers to invest in Africa, therefore Thunes secures […]

Read more
NeuroPace hauled in $67M to execute its commercial strategy

NeuroPace hauled in $67M to execute its commercial strategy

NeuroPace, a Silicon Valley-based medical technology company with 146 employees as of September 2020, founded in 1999, HQ in Mountain View, California, that initially focused on the treatment of epilepsy (this debilitating neurological disorder affects approximately 1% of the planet population) and developed the recognized RNS System, raised a $67M funding Round led by Accelmed Partners with the participation of Revelation Partners, Soleus Capital, KCK Group, OrbiMed Advisors, and unnamed strategic investor in form of $33m of new equity capital and $34M through convertible debt from the prior funding Round. The overall amount of investments in NeuroPace has reached $208m. Unicorn Nest Dataset Insights The lead investor is Accelmed Partners, investment company focused on value creation for medical device companies and technologies. Despite prefering to invest in Israeli companies rather, it seems AP is going to foster significant value growth by leveraging its expertise in HealthTech and its presence in […]

Read more
Dutchie received $35m to improve cannabis experience

Dutchie received $35m to improve cannabis experience

Dutchie, a company selling marijuana online for the legalized markets, founded by Ross Lipson, Samuel Ellis, and Zach Lipson in July 2017 with the first 3 dispensaries in Bend, Oregon, where their HQ is currently located with 102 employees, serving 1300 stores in 32 markets (that’s 10% of the Global legal cannabis market), and processing around 75,000 orders per day, molded $35m during Series B from Thrive Capital, Casa Verde Capital, Thirty Five Ventures, Gron Ventures, and Howard Schultz, totaling $53m of investments. These days they processed their ten millionth order since the beginning, and their business model seems to be prosperous. Unicorn Nest Dataset Insights Cannabis is one of the fastest-growing industries in the World. Dutchie processes 10 percent of all legal cannabis sales worldwide, and powers 25 percent of all legal dispensaries across markets and 301 cities in the United States and Canada. So, it is no wonder […]

Read more
Aerin Medical has found $48m investment for business scaling

Aerin Medical has found $48m investment for business scaling

Aerin Medical, a Healthcare company, founded in 2011 by Scott J. Wolf, with HQ in Sunnyville, California, specialized in treating nasal problems, received $48m of venture investments from Questa Capital (leading investor), OrbiMed, and KCK Group after they got clearance of their second product RhinAer Stylus, an innovative device for non-surgical treatment of chronic rhinitis, from FDA in March. The total investments in the company reached $130.5m with 6 investors. Aerin Medical provides effective and affordable non-surgical solutions of nonallergic nasal obstruction and chronic rhinitis. Unicorn Nest Dataset Insights Questa Capital is the leading investor of the Round, and for them, it is quite an ordinary round in comfortable space under $50m, which ideally fits their strategy to invest in companies that improve lives and provide better quality and more efficient care. OrbiMed, a giant in healthcare-dedicated investments, with approximately $5 billion in assets under management, supported AM for the […]

Read more
Natural Fiber Welding got $13m of strategic investment

Natural Fiber Welding got $13m of strategic investment

Natural Fiber Welding, a sustainable material science startup company, founded in 2015 by Dr. Luke Haverhals and re-incorporated in July 2020, with HQ in Peoria, Illinois, raised $13m Round led by Ralph Lauren Corporation with the participation of Central Illinois Angels and Prairie Crest Capital. NFW is a disruptive chemistry and technology company poised to offer sustainable alternatives to non-renewable plastics and produce high-value materials from low cost, highly functional naturally occurring fibers. Previously the company was funded by US Agencies including U.S. Air Force Office of Scientific Research. Unicorn Nest Dataset Insights Ralph Lauren Corporation is a “global leader in the design, marketing, and distribution of premium lifestyle products” who focuses on the sustainability and integration of zero-waste principles across its business. They decided to support NFW because they have “revolutionized the reuse of natural fibers – such as cotton waste – into patented, high-performance materials”. Both NFW and […]

Read more
Thirty Madison paves its direct way to consumers with $47m of Series B investments

Thirty Madison paves its direct way to consumers with $47m of Series B investments

Thirty Madison, who already developed a treatment for hair loss, migraines, and chronic indigestion problems, founded in 2016 (turns 4 on August 29th) by a former Google employee, re-incorporated in March 2017, with under 100 employees, HQ in Greater New York Area, mastered Series B investment of $47m from Polaris Partners, Northzone, Maveron, Johnson & Johnson Innovation – JJDC. The total amount of investments in this startup reached $69.8m with 8 investors. Thirty Madison positions itself as “The human-first health company bringing specialized care and treatment to everyone.” Unicorn Nest Dataset Insights Not only Education is heading to digitalization, but also Healthcare. Participation of a Healthcare giant Johnson & Johnson Innovation – JJDC (a venture capital arm of Johnson & Johnson Innovation) in the Series B of Thirty Madison (parent company of Keeps, Cove, and Evens) proves the importance of the area. The company provides continuing care after diagnosis and […]

Read more
Labster devirtualized new $9m to conquer Asia

Labster devirtualized new $9m to conquer Asia

Labster, virtual reality science simulation lab software developer for high schools and universities, founded in 2011 in Demark, and re-incorporated into Labster ApS in 2012, with HQ in Copenhagen and offices in Switzerland, USA, and Indonesia, and 113 employees as of August 2020, attracted $9m from GGV Capital, Owl Ventures, Balderton Capital, and Northzone, totaling $44.7m of venture investments (excluding $10m grant). Up-to-date revenue is estimated at $18.8m. Their lab simulation apps are widely used for educational purposes in a range of universities including CSU, Harvard, MIT, Stanford, and so on. They are currently running a pilot fall program at the University of Toronto (Canada). Unicorn Nest Dataset Insights In our report on Skillshare’s latest round, we mentioned that online learning is on fire right now, and the Labster’s Round just confirmed the trend. Since March, the usage of Labster’s VR product has increased 15x and their apps will no […]

Read more
GoSite is enlarged with $16m Series A Round and going to help SMB even more

GoSite is enlarged with $16m Series A Round and going to help SMB even more

GoSite, San-Diego-based online platform for helping 12m SMB in the US on their journey online, founded by Alex Goode in 2013, with under 100 employees has just summoned $16m of Series A investments from Longley Capital, Stage 2 Capital and Ankona Capital, who joined existing investors Serra Ventures and SaaS Ventures; the total money raised reached $19.8m. The money will be used to expanding Gosite’s footprint on the global market and hiring more specialists, including Frank Auger as Chief Customer Officer. Unicorn Nest Dataset Insights Considering the global digitalization of businesses, this is a very smart investment into a company offering everything businesses need to go online. Gosite attracted players who are active in this area (Software and SaaS). There is one exciting moment: SaaS Ventures, Serra Ventures, and AC have CRM and Advertising background, and it may mean GoSite will get a good kick to generate income more efficiently. […]

Read more
Allergy Amulet winded $3.3m of Seed funding

Allergy Amulet winded $3.3m of Seed funding

Allergy Amulet, creator of the smallest food allergen sensor that can fit in your pocket, founded by Abigail Barnes in 2016, a company with less than 10 employees and 13 investors, and with HQ in Great Lakes (Midwest) just received $3.3m during Seed round from TitletownTech (leading investor), Great Oaks Venture Capital, Great North Labs, Dipalo Ventures, DeepWork Capital, Colle Capital Partners, Bulldog Innovation Group (total funding reached $4.8m). Allergy Amulet is developed to avoid allergic reactions by checking food for known allergens in seconds. This problem affects 32 million people in the United States and about 220m-520m worldwide. Unicorn Nest Dataset Insights Another Co-founder and Scientific Advisor of AA is Dr. Joseph BelBruno, a Dartmouth chemistry professor emeritus. Graduation from the Gener8tor accelerator of Wisconsin in 2016, AA raised funds from a couple of investors – Bulldog Innovation Group (Yale alumni-led venture capital firm, Barnes got her Master’s Degree […]

Read more
1 2 3
Crunchbase icon

Content report

The following text will be sent to our editors: