This summary is generated by an algorithm. If you find any mistakes, let us know.

Eastern Asia Medical Device

Hochuen Medical Raises RMB40M in Series A Funding

– Hochuen Medical from Shenzhen is developing and producing microfluidic and IVD devices for more than 200 companies.
– The company raised RMB 40M in Series A funding.
– The round was led by Qiming Venture Partners.
– The new investment will be used to accelerate the company’s contract development and manufacturing organization, expand in both international and domestic markets, develop new manufacturing processes and technologies, and further expand production capacity.

Source
Health Care North America Nutrition Wellness

ByHeart Raises $90M in Series B Financing

– ByHeart is a NYC-based baby nutrition company.
– Company raised $90M in series B funding.
– The round was led by D1 Capital Partners with participation from OCV Partners, Polaris Partners, Bellco Capital, Two River and Red Sea Ventures – all of whom also invested in ByHeart’s Series A – as well as new investment from AF Ventures, and Gaingels.
– The new capital will be used to launch the company’s first formula, as well as to advance its innovation pipeline of mom and baby products.

Source
Computer Software North America

Teamflow Raises $35M in Series B Funding

– Teamflow, a San Francisco, CA-based provider of a virtual office connecting remote and onsite teams, raised $35m in Series B funding.
– The round was led by Coatue with participation from existing investors Menlo Ventures’ Naomi Ionita and Battery Ventures’ Neeraj Agrawal.
– The new investment will be used to hire and accelerate the company’s business reach.

Source
Apps Information Technology North America SaaS Sports

MaxOne Raises $3.5M in Funding

– MaxOne from Grand Rapids, MI develops technology to help coaches interact and engage with athletes.
– Company raised $3.5M in funding.
– The round was led by Stadia Ventures with participation from Chris Paul, the Piquet Family Office, and Wakestream Ventures.
– The new investment will be used to expand operations and business reach.

Source
Business Information Systems Cloud Data Services North America SaaS Software

Guidewheel Raises $8M in Series A Funding

– Guidewheel from San Francisco CA provides a cloud-powered FactoryOps that allows factories to digitize their operations and reach sustainable performance.
– The company raised $8m in Series A funding.
– The round was led by Greycroft, which was joined by angels, and Fortune 500 executives.
– The new investment will be aimed at accelerating growth, expanding operations and its business reach.

Source
Health Care North America Pharmaceutical Therapeutics

Surface Ophthalmics Raises $25M in Funding

-Surface Ophthalmics, a Pleasanton CA-based pharmaceutical company, raised $25M in funding.
– The round was led by both new and existing investors made up of institutional, healthcare-focused, and other accredited investors, including members of the Surface Board of Directors.
– The company intends to use the funds to advance its clinical programs in ocular diseases.

Source
Biotechnology Electronic Health Record (EHR) Health Care Health Insurance North America Personal Health Pharmaceutical

b.well Connected Health Raises $32M in Series B Funding

– b.well Connected Health is a digital transformation platform for healthcare.
– The company raised $32m in Series B financing round.
– The round was led by HLM Venture Partners (HLM) with participation from existing backers ThedaCare, UnityPoint Health Ventures, and Well Ventures–a subsidiary of Walgreens Boots Alliance, Inc.
– The new investment will be used to increase market penetration and advance product innovations.

Source
Analytics Industrial Automation Machine Learning North America Software

Fero Labs Raises $9M in Series A Funding

– Fero Labs is a New York-based provide rof Explainable Machine Learning software dedicated to the industrial sector.
– The company raised $9M in Series A funding.
– The round was led by Innovation Endeavors with participation from Deutsche Invest VC.
– The new investment will be used to expands its sustainable solutions.

Source
Artificial Intelligence Diabetes Health Care Health Diagnostics Hospital Medical Medical Device North America Personal Health Pharmaceutical

Eyenuk Raises $6.2M in Funding

– Eyenuk, a Los Angeles CA-based artificial intelligence (AI) medical technology and services company, raised $6.2M in funding.
– The round was led by AXA IM, through AXA IM Alts.
– The company intends to use the funds to accelerate commercialization of the EyeArt® AI System.

Source
Finance Financial Services FinTech North America Retirement Software

Vestwell Raises $70M in Series C Funding

– Vestwell, a NYC-based API technology platform for workplace savings and investing programs, raised $70m in Series C financing.
– The round was led by Wells Fargo Strategic Capital and Fin Venture Capital co-led by Goldman Sachs, Morgan Stanley, Manulife, Point72, Nationwide Ventures, Allianz Life Ventures, Northwestern Mutual, FinTech Collective, Greenspring Associates, Primary Venture Partners, Teamworthy Ventures, F-Prime Capital, Industry Ventures, and Commerce Ventures.
– The company intends to use the funds to further expand the team, platform functionality, and servicing for its thousands of partners and clients.

Source
Artificial Intelligence Automotive Autonomous Vehicles Computer Vision Internet of Things Machine Learning North America Robotics Software

Algolux Closes $18.4M Series B Funding

– Algolux, a Montreal, QC, Canada-based computer vision software company, raised $18.4M in Series B funding.
– The round was led by Forte Ventures and Drive Capital with participation from Investissement Quebec, Castor Ventures, Nikon-SBI Innovation Fund, GM Ventures, Generation Ventures and Intact Ventures.
– The company intends to use the funds to achieve the following three goals: accelerate adoption of its products across mobility markets; grow its engineering and customer enabling teams to scale worldwide support; grow its engineering and customer enabling teams to scale worldwide support.

Source
B2B Credit Financial Services Loyalty Programs North America Payments Software Transaction Processing

Paystone Adds $30 Million in Funding with Strategic Backing from Crédit Mutuel Equity

– Paystone, a leading payments and integrated software company, secures a $30m investment from Crédit Mutuel Equity, the private equity arm of Crédit Mutuel Alliance Fédérale, one of France’s leading financial institutions.
– The funds will support Paystone’s ambitious growth strategy and further propel its best-in-class electronic payments and customer engagement technology platform.
– Paystone gives businesses the ability to win more customers and drive growth through a fully integrated technology platform, which continues to generate a significant amount of interest in the market with an emphasis on service-oriented verticals.

Source
Internet North America

Serverless Stack raises $1M for open-source application framework

– Serverless Stack, a framework startup, raised $1m in seed funding.
– The round was led by Greylock Partners, SV Angel and Y Combinator.
– The company was founded in 2017 by Jay V and Frank Wang in San Francisco.
– The company’s technology enables engineers to more easily build full-stack serverless apps.

Source
Internet North America

TiiCKER Closes $2M Pre-Seed Funding Round

– TiiCKER is a Detroit, MI-based retail investor engagement, marketing and stock perks startup.
– The company closed a $2m pre-seed funding.
– Backers included Red Cedar Ventures and several YPO (Young Presidents’ Organization) members.
– The new investment will be used to develop software for the company’s planned feature additions, sales and marketing expansion, as well as client engagement and onboarding talent.

Source
Automotive Electric Vehicle Leasing Price Comparison Western Europe

WeVee Raises $7M Seed Funding

– WeVee is a London UK-based electric vehicle leasing platform.
– The company raised $7M in seed funding.
– The round was led by German entrepreneurs Rahmyn Kress and Michael Perschke, who joined WeVee Founder Paul Fagan as cofounders and board members.
– The new funding will be used to expand its eMobility lifestyle platform into Germany and Europe later in the year.

Source
Information Technology Nanotechnology North America

Edgehog Raises $1.25M in Seed Funding

– Edgehog Advanced Technologies Inc. is a Montreal, Canada-based developer of a nanotextured, omni-directional, anti-reflective glass.
– The company closed a first tranche of $1.25m of its $2.5m seed funding.
– The round was led by TandemLaunch, E8, and other angel investors.
– Combined with non-dilutive and non-repayable funding of $3.5m, the capital supports the company’s $6m project to scale up the size of its self-cleaning solar glass and further develop and commercialize its proprietary technology.

Source
Health Care Information Services Information Technology North America

Qure4u Closes $25M Growth Equity Funding

– Qure4u, a Bradenton, FLA.-based digital health company, closed a $25M funding round.
Volition Capital made the investment.
– The company provides a complete digital health platform which offers patients and providers an EHR-embedded ecosystem to support the entire patient journey.

Source
Banking Financial Services FinTech Payments Western Europe

Zilch Raises Additional $110M in Funding

– Zilch, a London, UK-based buy now, pay later lender, raised $110M of debt and equity funding as part of an extended Series B round.
– Funding came from Goldman Sachs Asset Management and DMG Ventures (the venture capital arm of the Daily Mail and General Trust plc) and others.
– The company intends to use the funds to accelerate plans to launch in the US and continue to grow in the UK.

Source
B2B Billing FinTech North America Payments

Paystand Raises $50M Series C to Build the Future of Commercial Finance

– Paystand, the blockchain-enabled payment network for business, announced its $50 million Series C round of funding led by NewView Capital with participation from SoftBank’s Opportunity Fund, King River Capital, Industrious Ventures, and Transform Capital.
– This new round nearly doubles the funding Paystand raised in prior rounds and reflects the company’s triple-digit growth as it leads the movement for an open commercial finance system.
– Paystand will use this new capital to invest in redefining B2B payments to accelerate the shift to a more business-centric payment infrastructure.
– With the funding, Jazmin Medina of NewView Capital will join the board.

Source
Food and Beverage North America Organic Food

Undercover Snacks Raises $13.7M in Funding

– Undercover Snacks, a East Hanover NJ-based maker of chocolate snacks, raised $13.7M in funding.
– The round was led by Octagon Capital Holdings with participation from 900 Chocolate Investors and the company’s founders.
– The new investment will be used to support growing retail footprint, including collaborations with major retailers, campaigns to bolster upcoming product launches, expansion of a SQF-8.1 production facility including additional production lines and automation, and investments in building the management team.

Source
Food and Beverage Snack Food Western Europe

Bepps Snacks Raises £400K in Funding

– Bepps Snacks, a London, UK-based maker of pea, pulse and grain snacks, raised £400k in funding.
– Backers included Ascension Ventures and angel investors including Mumsnet Co-Founder Carrie Longton.
– The company intends to use the funds to continue to expand operations and business reach.

Source
Artificial Intelligence Cyber Security North America Risk Management SaaS Supply Chain Management

Interos Raises $100M in Series C Financing

– Interos is an Arlington, VA-based supply chain risk management and operational resilience technology company.
– The company raised $100m in Series C funding.
– The round was led by NightDragon with participation from current investors Kleiner Perkins and Venrock.
– The new investment will be used to expand operations and business reach.

Source
Broadcasting Fitness Health Care North America Social Media

Obé Fitness raises $15M for its personality-driven exercise platform

– Obé Fitness, a fitness platform, raised $15m in Series A funding.
– The round was led by CAVU Venture Partners and featured Athleta, Samsung Next, Wheelhouse Entertainment and WW International along with previous investors Cassius Ventures, Ludlow Ventures, Harris Blitzer Sports Entertainment and BDMI.
– It brings Obé to a valuation of $100m.
– The company plans to use the funding to expand its content library and grow its user base.

Source
E-Learning Internet North America Software Web Design

Tovuti Raises $8M in Series A Funding

– Tovuti, Inc., a Boise, Idaho-based SaaS learning management system provider.
– The company raised $8m in Series A funding.
– The round was led by Blueprint Equity and ScOp Venture Capital.
– The new investment will be used to continue to grow its engineering, development, and client support teams throughout to better serve customers, add new software features and scale the business.

Source
EdTech Education Internet North America Virtual Workforce

Global eLearning Innovator OpenSesame Receives $50 Million Strategic Growth Investment from JMI Equity and Existing Investors

– OpenSesame, a market-leading SaaS global elearning innovator, announced a $50 million investment led by JMI Equity, a growth equity firm focused on investing in leading software companies, with participation from existing investors FTV Capital and Altos Ventures.
– This growth investment will strengthen OpenSesame’s ability to accelerate its global expansion, extend its technology platform through product-led M&A, and continue adding value for its global customers.
– As a result of COVID-19 and the dawn of the work from home era, companies around the world were forced to rethink the way they train and develop their organizations.

Source
Artificial Intelligence Health Care North America Sports

Zone7 Raises $8M in Series A Funding

– Zone7, a Palo Alto, Calif.-based AI-driven human performance platform, raised $8m in Series A funding.
– The round was led by Blumberg Capital with participation from previous investors Resolute Ventures, UpWest, PLG Ventures and Joyance Partners, and additional investors Value Stream Ventures, Alumni Ventures and New York based J-Ventures.
– The new investment will be used to accelerate product development and expand into new verticals.

Source
Fitness Mobile Apps North America Video

Citytrow Raises $12M in Series A Funding

– Citytrow from New York offers rowing classes through its combined at-home digital platform and nationwide brick-and-mortar studio network.
– The company raised $12M in Series A funding.
– The round was led by JW Asset Management with participation from Sol Global, K2. JW Asset Management, and Fyllo.
– The new investment will be used to enhance the at-home digital platform, launch live-streaming classes and expand its company-owned and franchise studio model.

Source
Advertising Advertising Platforms Marketing North America Ride Sharing

Adway Raises $6M in Seed Funding

– Adway is a digital advertising network for brands to engage and attract consumers by using street-level media.
– The company raised $6m in seed funding led by Upfront Ventures and others including Revel Ventures, Watertower Ventures, Inflection Capital, and more.
– The new investment will be used to commercialize the company’s system.

Source
Artificial Intelligence North America

Anduin Raises $14M in Seed Funding

– Anduin is a Charlotte, NC-based provider of AI powered invoicing and billing solutions for accounting firms and other professional services firms.
– The company raised $14m in seed funding.
– The round was led by Revolution Ventures with participation from Relevance Ventures and Merian Ventures.
– The company intends to use the funds to expand its Intelligence-Based BillingTM platform to introduce a new Predictive Insights solution and a new suite of Practice Management solutions.

Source
Advertising E-Commerce Email Marketing Information Technology Marketing Marketing Automation North America Software

Sendlane raises $20M to convert shoppers into loyal customers

– Sendlane, a San Diego-based multichannel marketing automation platform, announced Thursday it raised $20m in Series A funding.
Five Elms Capital and others invested in the round to give Sendlane total funding of $23m since the company was founded in 2018.
– The company said it can increase revenue for customers between 20% and 40% on average.

Source
Computer Mobile Retail Technology SaaS Software Western Europe

YOOBIC Raises $50M Series C to Transform Workplace Experience for Frontline Employees

– YOOBIC, the all-in-one digital workplace for frontline teams, announced closing a $50M Series C funding round led by Highland Europe.
– Existing investors Felix Capital, Insight Partners, and a single family office advised by BNF Capital Limited also participated in the round.
– With $80M in total fundraising since inception, YOOBIC’s industry-leading all-in-one digital workplace is the first full-service software platform designed for frontline teams.
– Its scalable and user-friendly app gives retail associates, restaurant staff, fieldworkers, and all types of frontline employees a single centralized mobile hub to support their daily task management, deliver digital training, and enable seamless communication with peers, supervisors, and HQ.

Source
Information Technology North America Telecommunications Wired Telecommunications

US Mobile Raises $11.5M in Series A Funding

– US Mobile, a NYC-based mobile virtual network operator (MVNO), closed a $11.5M Series A funding.
– The round was led by growth equity firm Volition Capital.
– The company intends to use the funds to continue to innovate its UX and software stack, expand into new and emerging connected device markets, and provide flexible ‘build-your-own’ custom data plans for customers.

Source
Analytics Information Technology North America

AuthenticID Announces $100 Million Minority Growth Investment Led by Long Ridge

– AuthenticID announced that it has closed a $100m minority investment from Long Ridge Equity Partners.
– The investment will support AuthenticID’s continued expansion within telecommunications, financial services, government, and other consumer segments looking to establish trust and mitigate fraud.
– The funding also allows the Company to continue innovating and address the world’s ever-evolving digital identity and verification challenges with automated solutions.
– Union Square Advisors LLC served as exclusive financial advisor and DLA Piper served as legal counsel to AuthenticID. Choate, Hall, & Stewart LLP served as legal counsel to Long Ridge Equity Partners.

Source
Financial Services FinTech Western Europe

Tulipshare Launches With $1M in Pre-Seed

– Tulipshare is a London, UK-based activist investment platform, with $1M in pre-seed funding raised to date.
– Backers in the company included Speedinvest and high profile business angels.
– Led by Founder and CEO Antoine Argouges, Tulipshare provides an activist investment platform that enables people to invest as little as £1 and own a small piece of the world’s most influential companies, trading on the United States stock exchange.

Source
Food Delivery North America

Valet Raises Pre-Seed Round Led by Pareto Holdings to Create an On-Demand, White-Glove Concierge Delivery Service

– Valet, the first-of-its-kind, online concierge service that brings iconic restaurant experiences to its users, announced a $500k pre-seed round led by Pareto Holdings.
– The funding round comes at a time when people are looking forward to sharing in-person experiences once again, with group outings, shared meals, and travel and leisure activity strongly on the rebound.
– Valet is uniquely positioned to capitalize on this reopening by providing white-glove delivery services with an initial focus on group ordering from world-renowned restaurants and chefs.
– Its domain expertise of last-mile, on-demand and high-quality delivery brings acclaimed dishes to anyone, anywhere.

Source
Computer Software Western Europe

Mindtech Global Raises £2.3M in Funding

– Mindtech Global, a Sheffield, UK-based training platform for robots, raised £2.3m in funding.
– The round was led by NPIF – Mercia Equity Finance, which is managed by Mercia and is part of the Northern Powerhouse Investment Fund (NPIF), with Deeptech Labs and In-Q-Tel participating.
– The company intends to use the funds to build its team in Yorkshire and expand sales of its product worldwide.

Source
Health Care Hospital South Asia

Khosla Ventures leads Even’s $5M seed to give India the kind of healthcare their insurance doesn’t

– Even, a healthcare membership company, raised $5m in seed funding.
– The round was led by Khosla Ventures, with participation from Founders Fund, Lachy Groom and a group of individuals including Palo Alto Networks CEO Nikesh Arora, CRED CEO Kunal Shah, Zerodha founder Nithin Kamath and DST Global partner Tom Stafford.
– The company aims to cover what most insurance companies in the country don’t, including making going to a primary care doctor as easy and accessible as it is in other countries.

Source
Communities Southeast Asia

Indonesia “sea-to-table” platform Aruna hooks $35M led by Prosus and East Ventures Growth Fund

– Aruna, a seafood supply chain startup, raised $35m in Series A funding.
– The round was led by Prosus Ventures and East Ventures Growth Fund, with participation from SIG and returning investors including AC Ventures, MDI and Vertex Ventures.
– The company works primarily with small fisheries (or ones that have boats with about one to two metric tonnes of capacity) and focuses on sustainability, helping suppliers adhere to the United Nations Goal 14’s targets.
– It was founded in 2016 by Farid Naufal Aslam, Indraka Fadhlillah and Utari Octavianty, who met while studying information technology administration and management at Telkom University.

Source
Apps Cyber Security Developer Tools Identity Management Information Technology Mobile Apps North America Security

Decentralized identity authentication platform Magic raises $27M

– Magic announced it has raised $27 million in a series A round of funding to further commercialize its blockchain-powered identity authentication platform.
– The round, which was led by Northzone, featured a slew of high-profile VC and angel investors, including Tiger Global, Reddit cofounder Alexis Ohanian , and GitHub CTO Jason Warner.
– The company launched in 2018 as Fortmatic, and its founders include CEO and former Docker product lead Sean Li; former Yelp software engineer Arthur Jen; and Jaemin Jin, a former software engineer at Apple, Amazon, and Uber.
– The San Francisco-based firm rebranded as Magic last May as it exited stealth with $4 million in seed funding.
– In the 14 months since, Magic claims it has grown its developer user base tenfold.

Source
Food and Beverage Hospitality North America Payments Restaurants

Bbot Raises $15M in Series A Funding

– Bbot, a NYC-based hospitality tech company, raised $15m in Series A funding.
– The round was led by CRV.
– The company intends to use the funds to accelerate growth and expand developer capabilities.

Source
Biotechnology Eastern Asia Innovation Management Life Science

OriCiro Genomics Raises ¥800M in Series B Financing

– OriCiro Genomics is a Tokyo, Japan-based pioneer in cell-free synthesis and amplification of genome-scale large DNA for advanced therapy and synthetic biology.
– Series B ¥800m round led by The University of Tokyo Edge Capital Partners (UTEC) with participation of ITOCHU Technology Ventures.
– Also received a ¥200m long-term loan from Japan Finance Corporation (JFC), a government-affiliated financial institution, totaling ¥1b in this round of financing.

Source
3D Printing Advanced Materials Hardware Industrial Manufacturing Manufacturing North America

Continuous Composites Closes $17m Series A Financing

– Continuous Composites Inc. announced the successful closing of its $17m Series A financing led by B. Riley Venture Capital, a subsidiary of B. Riley Financial, Inc.
– This latest investment follows prior funding rounds led by strategic partners Arkema S.A. and Saint-Gobain S.A.
– BRVC employs a strategy focused on investing in late-stage private growth companies with a path towards public markets. BRVC’s mission closely aligns with the company’s growth strategy, and access to B. Riley’s full suite of investment banking solutions makes BRVC an ideal partner for Continuous Composites.

Source
Biotechnology Medical North America Therapeutics

Slingshot Biosciences Announces $23 Million in Series A Financing

– Slingshot Biosciences closed a $23m Series A financing.
– The investment was led by Northpond Ventures, with participation from ARCH Venture Partners and Anterra Capital.
– The new funding will enable Slingshot to accelerate the commercialization of its synthetic cell products spanning controls, diagnostics, and adoptive cell therapies.
– Adam Wieschhaus, PhD, Director at Northpond Ventures, and Corey Ritter, Senior Associate at ARCH Venture Partners, will join the Board of Directors.
– Slingshot will also invest heavily in its broader adoptive cell therapy and therapeutics platform with this growth financing.
– Cell-derived products comprise the basis of important healthcare technologies worldwide.

Source
E-Commerce Fashion Internet iOS Marketplace North America

Queenly Raises $6.3M in Funding

– Queenly, a marketplace and search engine for the formalwear industry, has raised $6.3m in funding.
– The investment was led by Andreessen Horowitz with participation from Y Combinator, The House Fund, Interlace Ventures, Dragon Capital, NextView Ventures, MyAsiaVC and Shakti Venture Capital.
– To date, Queenly has raised $7.1 million.

Source
E-Commerce North America Retail Shopping

Quinn Raises $10M in Series B Funding

– Quinn, a Boulder, CO-based natural foods snack company, secured $10m in Series B funding.
– The round was led by NewRoad Capital Partners with participation from Boulder Food Group, Echo Capital, and Sunil Thakor.
– The company intends to use the funds to support growth and product innovation, and the launch of its Be Better initiative.

Source
Finance Financial Services FinTech Impact Investing Information Technology North America Software

SIMON Raises $100 Million in Series B Funding to Fuel Next Growth Phase for Digital Wealth Management Platform

– SIMON Markets LLC (“SIMON”), a fintech company transforming the digital wealth management landscape through its leading platform for financial professionals, and which makes risk-managed and alternative investment solutions broadly available, has closed the first leg of a strategic financing round of up to $100 million of growth capital.
– The Series B round is led by WestCap, a growth equity firm founded by Laurence Tosi, former CFO of Airbnb and Blackstone, known for investments backing market leading tech-enabled, asset-light companies. Existing investors also are participating in the round.

Source
Health Care North America Software

Turquoise Health Closes $5M in Seed Funding

– Turquoise Health from San Diego is a healthcare price transparency and provider-payer contract negotiation platform that generates cost certainty for patients.
– The company raised $5m in seed funding.
– The round was led by Andreessen Horowitz (a16z) with participation from Bessemer Venture Partners, Box Group, individual investors Henry Ward, Megan Callahan, Jonathan Bush, and NBA Champion Klay Thompson.
– The investment will be used to expand operations and product development efforts.

Source
Advertising Marketing North America

Place Exchange Raises $20M in Series A Funding

– Place Exchange is a NYC-based supply-side platform (SSP) for programmatic out-of-home (OOH) and place-based media.
– Company closed a $20m Series A funding round.
– The round was co-led by Revolution Ventures and Tribe Capital.
– The company will use the funding to broaden its product offerings, expand into new markets, and grow its team.

Source
Finance Financial Services FinTech Impact Investing Information Technology North America Software

Simon Markets Raises $100M in Series B Funding

– Simon Markets LLC, a NYC-based digital wealth management platform for financial professionals, closed the first leg of a strategic financing round of up to $100m of growth capital.
– Series B round was led by WestCap, with participation from existing investors.
– The company intends to use the funds to further advance its core offering across structured investments and annuities, while driving additional growth initiatives centered on product and geographic expansion.

Source
Health Care Medical Device Neuroscience North America

Paradromics Raises $20M in Seed Funding

– Paradromics, an Austin, Texas-based developer of high data rate Brain Computer Interfaces (BCI), raised $20M in seed funding.
– The round was led by Prime Movers Lab with participation from Westcott Investment Group, Dolby Family Ventures, Synergy Ventures, Pureland Global Venture, IT-Farm, and Alpha Edison.
– As part of the investment from Prime Movers Lab, Partner Dr. Amy Kruse will be joining the Paradromics Board of Directors.

Source
Industrial Engineering Western Europe

Tau Closes €10.25M in Series A Funding

– Tau is a tech and sustainable manufacturing company that develops high-performance wire combining minimized partial discharge, high filling factors, temperature resistance, high-voltage and frequency optimization to enable global producers of electric motors, cars, buses, trucks and aircraft to double the power output of future traction motors while keeping their size.
– The company raised €10.25m in Series A funding.
Finindus and German specialty chemicals company Altana participated in the round.
– The new investment will be used to expand operations and development efforts.

Source
B2B E-Commerce Internet Logistics Marketplace Southeast Asia Supply Chain Management

Indonesian B2B marketplace GudangAda raises more than $100M in new funding

– GudangAda, a Jakarta-based marketplace that brings wholesalers closer to retail stores and other buyers, announced it has closed a Series B of more than $100 million.
– The company says the round was oversubscribed, passing its initial target of $75 million.
– The funding was led by Asia Partners and Falcon Edge, with participation from Sequoia Capital India, Alpha JWC and Wavemaker Partners.
– This brings GudangAda’s total raised so far to about $135 million.
– Its last funding was a $25.4 million Series A last year, led by Sequoia Capital India and Alpha JWC.
– Founded in January 2019, GudangAda is now used by half a million SMEs and covers 500 cities in Indonesia.

Source
Advertising Brand Marketing Consulting E-Commerce Marketing North America Personal Branding

Tailor Brands raises $50M, aims to be one-stop shop for small businesses to launch

– Tailor Brands, a startup that automates parts of the branding and marketing process for small businesses, announced it has raised $50 million in Series C funding.
GoDaddy led the round as a strategic partner and was joined by OurCrowd and existing investors Pitango Growth, Mangrove Capital Partners, Armat Group, Disruptive VC and Whip Media founder Richard Rosenblatt.
– The company, headquartered in New York and Tel Aviv, is now compiling the components for a one-stop SaaS platform — providing the design, branding and marketing services a small business owner needs to launch and scale operations, and within minutes.
– Over the past year, more users are flocking to Tailor Brands; the company is onboarding some 700,000 new users per month for help in the earliest stages of setting up their business.

Source
Automotive Electric Vehicle Manufacturing North America Transportation

Amazon leads $2.5B funding round in Rivian, maker of the tech giant’s future electric delivery vans

Amazon is pouring more money into Rivian, as the electric vehicle maker announced that the tech giant was among lead investors in a $2.5 billion financing round.
Amazon made the investment through its Climate Pledge Fund, which is aimed at backing companies that accelerate Amazon’s pledge to be net zero carbon across its businesses by 2040.
– The company previously backed Rivian in 2019 in rounds of $700 million and $1.3 billion, and it’s planning to buy 100,000 electric vans from the automaker for its delivery fleet.
Amazon said last October that it will have 10,000 custom electric delivery vehicles on the road as early as 2022, and all 100,000 by 2030.

Source
Food and Beverage North America

Frizata Closes $5M Series A Funding

– Frizata, a Buenos Aires, Argentina-based direct-to-consumer flexitarian frozen foodtech company, closed a $5m Series A funding.
– The round was led by SP Ventures with participation from Marcos Galperin, Founder, Mercado Libre, Gonzalo Ramirez Martiarena, former global CEO Louis Dreyfus, CEO of Swiss Pampa, Jaime Soler Bottinelli, former global CEO of Cencosud, Norte Ventures, Glocal Agrifoodtech & others.
– Frizata currently operates in Argentina, Chile, and Brazil and generated more than $15M in sales since launching in 2019.

Source
Advertising Central-Eastern Europe Information Services Information Technology Internet Marketing Marketing Automation Social Media

Postoplan Raises $1.5M In Funding

– Postoplan from Talinn develops a platform for the creation and planning of content on social media.
– Series A $1.5m round was led by TMT Investments accompanied by YellowRockets.
– The company plans to use the funds to strengthen its position on the U.S. market and to continue development and improvement of the platform’s algorithm.

Source
Financial Services North America

Allocate banks $5M to open up venture capital fund access

– Allocate, a venture capital investing platform, raised $5m in seed funding.
– The round was led by Urban Innovation Fund, Tusk Venture Partners, Basis Set Ventures, Liquid2 Ventures, Fika Ventures, Ulu Ventures, Anthemis Group and Broadhaven Ventures.
– The company was founded by Samir Kaji and Hana Yang in February 2021.

Source
B2B North Africa and the Middle East SaaS Social Media Marketing

B2B social management platform Oktopost raises $20M growth round with Expedition

– Oktopost, a social media marketing platform for B2B companies, raised $20m in growth funding.
– The round was led by London-based growth equity firm Expedition Growth Capital.
– The company plans to use the funding to advance its product roadmap, boost customer success, accelerate marketing and sales, and explore strategic acquisitions — as well as grow its workforce by 50%.
– Oktopost’s schtick is that it is an enterprise-grade platform for B2B marketers to curate content, organize, and manage campaigns for corporate social media accounts, employee advocacy and social selling.

Source
E-Learning Western Europe

Sales Impact Academy Raises $4M in Funding

– Sales Impact Academy, a London, UK-based provider of a learning platform, secured $4m in funding.
– The round was led by Stage 2 Capital.
– The company intends to use the funds for further development into the team and in the curriculum for continued expansion.

Source
Analytics Artificial Intelligence Big Data Internet Machine Learning North America Predictive Analytics Procurement Software

Simfoni Raises $15M in Series B Funding

– Simfoni is a San Francisco, CA-based digital solutions provider for Spend Intelligence and Spend Automation.
– The company raised $15m in Series B funding.
– The round was led by Peakspan Capital.
– The company intends to use the funds to expand sales and marketing efforts.

Source
1 2 3 50 51 52
Crunchbase icon

Content report

The following text will be sent to our editors: