LATEST ARTICLES

Israel-based Loora raises USD 12 million in Series A

Tel Aviv, Israel-based generative AI English language learning company Loora raised USD 12 million in a Series A financing. The round took place on February 21, 2024. Lead investor QP Ventures led the financing for the company. Meanwhile, new investor Hearst Ventures and existing investors such as Emerge and Two Lanterns Venture Partners, among others, joined in Series...

Israel-based DustPhotonics Raises USD 24 million in Series B Follow-on Round

Israel-based a leading developer of silicon photonics technology for data center and AI applications, DustPhotonics, announced the completion of its Series B follow-on funding with USD 24 million. The oversubscribed round took place on February 21, 2024. New and existing investors such as Sienna Venture Capital, Greenfield Partners, Atreides Management, and Exor Ventures joined in the funding. Purpose of...

India-based Basil raised approx USD 4.34 million in funding

Bangalore, India-based Consumer Houseware startup Basil raised INR 3.6 crore (USD 4.34 million approx) seed funding. The company announced the fundraise on February 19, 2024. IIMA Ventures (formerly IIMA-CIIE) and Appreciate Capital co-led the financing for the students. Prominent angel investors such as Mohit Sadaani (Co-Founder, The Moms Co.), Aprameya Radhakrishna (Co-Founder, Koo), Abhishek Goyal (Co-Founder, Tracxn), Malini Adapureddy...

UAE-based The Cloud raises USD 12 million in Series B

UAE-based The Cloud, a Hub71 food tech startup, successfully announced the first close of its USD 12 million Series B funding round. So far, the total financing raised in its round amounts to USD 30 million. A new investor, MENA Moonshots, provided the financing. Aluna Partners also joined in the financing. Meanwhile, the company also announced the strategic acquisition...

India-based Applied Ventures invest in VVDN Technologies 

Banglore, India-based, the venture capital arm of Applied Materials, Inc., Applied Ventures, LLC announced a growth equity investment in VVDN Technologies. The latter is one of the leading India-based electronics product design, software, as well as manufacturing companies. The company announced the investment on February 19, 2024. However, the amount of the transaction remains undisclosed. Purpose of financing for Applied...

Malaysia-based Zetrix and Web3Labs announces the launch of Zetrix Global Accelerator Program

Malaysia-based leading layer-1 public blockchain platform by MY E.G. Services Berhad, Zetrix and Hong Kong-based Web3 development and investment powerhouse Web3Labs launched the Zetrix Global Accelerator Program. The companies announced the launch on February 18, 2024. The programme will open for applications in early March 2024. Meanwhile, the company seeks to announce the successful applicants during the 2024 Hong...

USA-based Meter raises USD 35 million in funding

San Francisco, USA-based company building internet infrastructure for businesses, Meter raised USD 35 million in funding. The company announced the investment on February 13, 2024. Sam Altman and Lachy Groom led the financing for the firm. Meanwhile, Existing investors, including industry leaders such as Sequoia, Meraki co-founders John Bicket and Sanjit Biswas, and VMware founder Diane Greene, provided the...

USA-based SchoolStatus acquires SchoolNow

Ridgeland, a USA-based leader in K-12 data-driven solutions empowering student success, SchoolStatus acquired SchoolNow, a unified digital publishing platform for K-12 that streamlines how schools engage families and their communities. The company announced the acquisition on February 13, 2024. However, it did not disclose the amount of the transaction. Purpose of the acquisition by SchoolStatus SchoolStatus acquired SchoolNow in its entirety,...

USA-based Trading Technologies acquires Ateo

Chicago, USA-based global capital markets technology platform provider Trading Technologies announced a definitive agreement to acquire France-based ATEO SAS, a leading provider of post-trade solutions for listed derivatives. The company announced the agreement on February 12, 2024. The transaction is expected to close on Feb. 29, 2024. However, it did not disclose the amount of the transaction.  Purpose of the...

USA-based Zendesk completes acquisition of Klaus

San Francisco, USA-based software-as-a-service products related to customer support, sales, and other customer communications provider, Zendesk completed the acquisition of Tallinn, Estonia-based provider of an AI-powered quality management platform, Klaus. The company announced the completion of the deal on February 12, 2024. However, it did not disclose the amount of the deal. Purpose of the acquisition by Zendesk  Klaus is the...