Munro Raises £1M in Follow-On Funding
Munro, a Scottish manufacturer of all-electric 4×4 vehicles, raised £1M in Follow-on funding. The round was led by Elbow Beach Capital. The company intends to use the funds to expand operations and its development efforts. Founded in 2019 by Russell Peterson and Ross Anderson, Munro offers all-electric 4×4 vehicles for commercial and private customers. Munro […]
Heranova Lifesciences Raises $13.5M in Seed and Seed+ Funding
Heranova Lifesciences, a Burlington, MA-based biotech company for women’s health, raised $13.5M in Seed+ funding. Backers included Pivotal bioVenture Partners China, Sinovation Ventures, Emerging Technology Partners, and Triwise Capital. The company intends to use the funds to launch a serial of non-invasive endometriosis tests and advance two innovative (non-hormonal and non-antibiotic) therapeutic programs for endometriosis […]
SoftBank Made $1.8-1.9 Bn By Offloading Shares In Four Listed Indian Startups
Japanese investment major SoftBank, which has not been striking any funding deals in India lately and is drawing up to offload stakes in bourse-bound Ola Electric and FirstCry, still holds shares of $1.1-1.2 Bn in its listed portfolio companies here. As per report, Softbank has sold stakes worth $1.8-1.9 Bn during the public offerings and […]
Fasal Raises Series A Funding
Fasal, a Bangalore, India-based provider of a full-stack precision farming solution, raised a Series-A funding round of INR 100cr. Backers included British International Investment, TDK Ventures, ITI Growth Opportunities Fund, Navam Capital and Aureolis Ventures, and existing investors 3one4 Capital, Omnivore, Wavemaker Partners, Genting Ventures, and The Yield Labs Asia Pacific. The company plans to […]
BPEA EQT Mid-Market Growth to Acquire Majority Stake in Indium Software
BPEA EQT Mid-Market Growth acquired a majority stake in Indium Software, a Chennai, India-based digital engineering provider, from existing shareholders. The amount of the deal was not disclosed. The transaction is expected to close in Q1 2024. BPEA EQT Mid-Market Growth will support Indium in its next phase of growth. Co-founded in 1999 by Ram Sukumar […]
NEPHROCARE SECURES RS 8.08 CR IN PRE-IPO FUNDING
The fresh infusion of capital will fuel Nephrocare India’s target of establishing 22 high-end kidney care facilities across India by March 2026. Nephrocare India, a Kolkata-based comprehensive renal care institution, has raised Rs 8.08 crore in its pre-IPO round paving the way for its expansion plans, the company said on Friday. The funding saw participation […]
Indian Startups Overcome Funding Challenges, Raise Over $11 Billion in 2023
In the face of funding challenges, Indian startups successfully secured more than $11 billion in 2023, as per a report by startup data intelligence platform TheKredible. The report indicates the participation of 980 startups in this funding endeavor, with $8.8 billion raised through 181 growth stage deals, and $2.5 billion through 656 early stage startups. […]
Cashvisory Raises Rs 1.2 Cr in Pre-Seed Round Led by SucSEED Indovation Fund
Financial advisory platform Cashvisory has successfully secured Rs 1.2 crore in a pre-seed funding round, with SucSEED Indovation Fund leading the investment. The round also saw participation from EvolveX, We Founder Circle, and angel investors such as Ashok Agrawal, Upasna Koul, and Deepika Asthana. Founded in 2020 by Arpita Sinha and Utkarsh Chaudhary, Cashvisory stands […]
Link11 Raises €26.5M in Funding
Link11, a Frankfurt am Main, Germany-based specialized IT security provider, raised €26.5M in funding. Pride Capital Partners made the investment. The company intends to use the funds for planned product developments and the international go-to-market strategy, organically and inorganically. Led by Jens-Philipp Jung, Founder and CEO, Link11 is a specialized European IT security provider which […]
UltiHash Raises $2.5M in Pre-Seed Funding
UltiHash, a Berlin, Germany- and San Francisco, CA-based high-performance and sustainable data storage solution, raised $2.5m in pre-seed funding. The round was led by Inventure, with participation from PreSeedVentures, Tiny VC, Futuristic VC, The Nordic Web, Antti Karjalainen, Founder, and angel scout for Sequoia Capital, and other private investors. Founded in 2022 by Tom Lüdersdorf – Co-Founder […]