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Circulor Raises $14m Series A to Lead the Future of Sustainable Supply Chain Traceability
Circulor Raises $14m Series A to Lead the Future of Sustainable Supply Chain Traceability
UN

Unicorn Nest news

Circulor Raises $14m Series A to Lead the Future of Sustainable Supply Chain Traceability

– Circulor, the leading provider of supply chain traceability and dynamic CO2 tracking, announced it has closed $14m in Series A funding to accelerate the company’s rapid growth.
The Westly Group led the round with participation from Salesforce Ventures, BHP Ventures, Future Positive Capital, 24Haymarket and Sky Ocean Ventures.
– Existing investors in the company include Boeing HorizonX, Volvo Cars Technology Fund, Jaguar Land Rover’s CVC arm, InMotion Ventures, SYSTEMIQ, Plug and Play and TotalEnergies Ventures.
– Steve Westly, Founder and Managing Partner of The Westly Group, will join the Circulor board.
– Circulor will use the investment to drive ongoing innovation and extend its presence in North America and Asia.

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Crypto Insurance Company Evertas Raises $5.8 Million
Crypto Insurance Company Evertas Raises $5.8 Million
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Crypto Insurance Company Evertas Raises $5.8 Million

– Evertas is a crypto insurance company.
– The company raised $5.8m in seed funding.
Morgan Creek Digital, CMT, HashKey, Wave Partners, RenGen, 4RC, Centrality, Plug ‘n Play, Vy Capital, and individual investors participated in the round.
– The company will use the funding to accelerate product development and build out infrastructure.

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Axle raises $10M Series A to advance its freight financing services
Axle raises $10M Series A to advance its freight financing services
UN

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Axle raises $10M Series A to advance its freight financing services

– Axle announced it raised $10m Series A financing.
– The round was led by Crosslink Capital with participation from FJ Labs, Flexport, Tribeca Early Stage Partners and others, including existing investors Anthemis Group, Techstars and Plug and Play Ventures.
– The company’s services allow incumbent operators to quickly modernize and compete against new startups.
– Axle says its solutions also automate carrier payments, invoicing and collections, which allows operators to connect all aspects of their fright operations.
– The company plans to use the new capital to expand operations, develop new services and strengthen the company’s payment and financing platform.

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Paysend Raises $125M in Series B Funding
Paysend Raises $125M in Series B Funding
UN

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Paysend Raises $125M in Series B Funding

– Paysend, a London, UK-based payments fintech company, raised $125m in Series B funding.
– The round was led by One Peak and attracted new investor – Infravia Growth Capital as well as existing investors Hermes GPE Innovation Fund and Silicon Valley based Plug and Play.
– The new investment will be aimed at accelerating the company’s global growth.

Source
Avatour Raises $2.9 Million, Extending Market Leadership in New Remote Site Meetings Category
Avatour Raises $2.9 Million, Extending Market Leadership in New Remote Site Meetings Category
UN

Unicorn Nest news

Avatour Raises $2.9 Million, Extending Market Leadership in New Remote Site Meetings Category

– Avatour, the remote collaboration platform for site meetings, announced a $2.9 million seed round led by Ulu Ventures.
– The funding will enable Avatour to scale its category-defining technology and expand into new markets internationally.
– Other participants in the round include Merus Capital, NTT Docomo Ventures, Plug & Play Ventures, and 500 Startups.
– The Avatour platform combines real-world 360-degree capture, real-time communication, and optional VR/AR technology to immerse remote users in a location as if actually present.
– This combination of visual realism and effortless conversation results in a superior means of collaboration between remote users and on-site personnel, saving money while increasing productivity.

Source
Bosta raises $6.7M to expand e-commerce delivery business across Africa and MENA
Bosta raises $6.7M to expand e-commerce delivery business across Africa and MENA
UN

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Bosta raises $6.7M to expand e-commerce delivery business across Africa and MENA

– Bosta, a logistics and last-mile delivery company, raised $6.7m in Series A funding.
– The round was led by Silicon Badia and joined by 4DX Ventures, Plug and Play Ventures, Wealth Well VC, Khwarizmi VC, as well as other regional and global investors.
– The company offers next-day delivery to customers and handles exchange shipments, customer returns and cash collection.
– The idea for Bosta came during Ezzat’s time at Lynks, his previous consumer goods startup. Lynks, the first YC-backed company from Egypt, allows people in Egypt to buy brands from the U.S., China and the U.K.

Source
Proptech Company Plunk Raises $6.5 Million
Proptech Company Plunk Raises $6.5 Million
UN

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Proptech Company Plunk Raises $6.5 Million

– Plunk is a mobile app that uses AI and machine-learning to help homeowners make smarter decisions to increase their home’s value.
– The company raised $6.5m in seed funding.
– The round was led by Seattle-based Unlock Ventures with participation from institutional investors including Sony Innovation Fund, Plug and Play Ventures, Vectr Fintech Partners, and Second Century Ventures (the strategic investment arm of the National Association of Realtors).

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DeepScribe Raises $5.2M in Seed Funding
DeepScribe Raises $5.2M in Seed Funding
UN

Unicorn Nest news

DeepScribe Raises $5.2M in Seed Funding

– DeepScribe is a San Francisco, CA-based provider of an ambient AI medical scribe.
– The company raised $5.2m in seed funding.
– The round was led by Bee Partners with participation from Industry Ventures and Stage II Capital along with existing investors Tsingyuan Ventures, 1984 Ventures, Wavemaker 360, Supernode Ventures, Skydeck, Plug and Play and Sequoia Scout Fund.

Source
Trucking Insurer Koffie Labs Raises $4.5 Million
Trucking Insurer Koffie Labs Raises $4.5 Million
UN

Unicorn Nest news

Trucking Insurer Koffie Labs Raises $4.5 Million

– Koffie Labs (Koffie), an insurtech focused on reinventing the trucking and transportation markets, today announced it has raised $4.5m in venture financing.
Anthemis Group and Lerer Hippeau led two rounds of seed round financing with participation from 2048 Ventures, Plug and Play Ventures and C2 Ventures.
– Trucking insurance is an essential component of the broader $800b trucking industry and the backbone of the US economy. With commercial auto rates consistently increasing over the last decade, there are few viable options for fleets.
– Koffie uses telematics and advanced safety technology to underwrite trucking companies, rewarding fleets that invest in safety with discounted insurance premiums.

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