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Pyxis One Raises $17M to Democratize Codeless AI in Marketing as a SaaS Offering
Pyxis One Raises $17M to Democratize Codeless AI in Marketing as a SaaS Offering
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Unicorn Nest news

Pyxis One Raises $17M to Democratize Codeless AI in Marketing as a SaaS Offering

– Pyxis One closed $17M in Series B funding.
– With total funding of $24M, the tech startup plans to use this round of capital for investments in product development, and to expand to new markets.
Celesta Capital and Premji Invest co-led the round with participation from previous investors Chiratae Ventures, pi Ventures, and Exfinity Venture Partners.
– Pyxis One enables enterprises to scale accurate data-driven marketing.
– The startup’s codeless AI ecosystem comprises dozens of AI models deployed across different aspects such as targeting, optimization, creative recommendation, and consumer research, enabling a complete ecosystem that can help teams collaborate, and leverage capabilities enabled by the adoption of AI.

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Amazon backs Indian wealth management service Smallcase in $40 million funding
Amazon backs Indian wealth management service Smallcase in $40 million funding
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Unicorn Nest news

Amazon backs Indian wealth management service Smallcase in $40 million funding

Amazon backed Bangalore-based startup Smallcase in a $40m Series C financing round.
– The round was led by Faering Capital and Premji Invest.
– Existing investors Sequoia Capital, Blume Ventures, Beenext, DSP Group, Arkam Ventures, WEH Ventures and HDFC Bank also participated in the new round.
– Smallcase offers a platform to help introduce a new generation of investors to the Indian equity markets.
– The startup offers an in-house team of licensed professionals who offer more than 100 portfolios of stocks and exchange-traded funds, as well as provides its users access to independent investment managers, brokerages and wealth platforms.
– Smallcase has amassed over 3 million users, who are transacting about $2.5 billion each year.

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Outreach Raises $200M in Series G; Valued at $4.4 Billion
Outreach Raises $200M in Series G; Valued at $4.4 Billion
UN

Unicorn Nest news

Outreach Raises $200M in Series G; Valued at $4.4 Billion

– Outreach is a sales engagement platform provider based in Seattle.
– Company closed $200m funding round from Premji Invest, Steadfast Capital Ventures, Tiger Global Management, Sequoia Capital Global Equities, Vista Public Strategies and one of the largest U.S. asset managers based on the West Coast.
– The new investment will be used to further strengthen its position as a sales technology platform while accelerating market expansion and growth.

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Sysdig Raises $188M at a Valuation of $1.19B to Secure Modern Cloud Applications
Sysdig Raises $188M at a Valuation of $1.19B to Secure Modern Cloud Applications
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Unicorn Nest news

Sysdig Raises $188M at a Valuation of $1.19B to Secure Modern Cloud Applications

– Sysdig, Inc. announced a $188m Series F funding round at a valuation of $1.19b.
– The round was led by Premji Invest & Associates and Third Point Ventures, with participation from Accel, Bain Capital Ventures, DFJ Growth, Glynn Capital, Goldman Sachs, Insight Partners, and Next47.
– Robert Schwartz from Third Point Ventures, Sandesh Patnam from Premji Invest & Associates, and Enrique Salem from Bain Capital Ventures have joined its board of directors.
– This round follows strong growth in 2020, a rapidly expanding customer base, a thriving open source community, and a massive growth opportunity with containers and cloud.
– In November 2020, Gartner increased its 2021 public cloud forecast to total $304.9 billion, up from $257.5 billion in 2020. [1]

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Adagio Therapeutics Announces $336 Million Series C Financing to Support Rapid Advancement of Novel ADG20 Antibody for the Treatment and Prevention of COVID-19
Adagio Therapeutics Announces $336 Million Series C Financing to Support Rapid Advancement of Novel ADG20 Antibody for the Treatment and Prevention of COVID-19
UN

Unicorn Nest news

Adagio Therapeutics Announces $336 Million Series C Financing to Support Rapid Advancement of Novel ADG20 Antibody for the Treatment and Prevention of COVID-19

– Adagio Therapeutics, Inc., a biotechnology company developing best-in-class antibodies to broadly neutralize coronaviruses, today announced the completion of a $336m Series C financing led by RA Capital Management, with participation from new investors, including Redmile Group, Federated Hermes, Foresite Capital, ArrowMark Partners, PremjiInvest, and another leading healthcare investor.
– Existing investors Fidelity Management & Research Company, LLC, OrbiMed, Polaris Partners, Mithril, GV, Population Health Partners, Adimab and Omega Funds also participated in the financing.

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