The following Series A funding rounds were announced today in the startup spaces globally:
Foodtech Cookunity secures US$15.5 million funding
A Brooklyn based food technology company, CookUnity announced securing USD 15.5 million Series A funding on 13th January 2021.
The investment round was led by Fuel Venture Capital and was joined by the new and existing investors including IDC Ventures (seed round lead). The founding partner and managing director of VC fuel venture capital Jeff Ransdell will join the board of directors of CookUnity.
The funding round that brings the total capital raised by the company to US$ 23 million, enables the platform to expand across North America and will help in scaling their marketing initiatives. They are also opening 2 new state-of-the-art kitchens in Texas and Los Angeles with their original kitchen in Brooklyn NY for supporting their National expansion.
The chef to consumer platform CookUnity was founded in 2018 by Lucia Cisilotto, Mateo Marietti and Matias Serebrinsky. It is a personalized meal subscription service built for the busy people who want to eat healthy but cannot find time or resources for the same.
Spacetech startup Leaf Space raises €5 million funding
Leaf Space, a Milan, Italy based space tech startup focused on microsatellites, announced securing €5 million funding in a Series A round on 13th January 2021.
The financing includes a contribution of €2 million from Primo Space, the investment fund of Primo Miglio SGR that focuses on investments in innovative companies in the space industry. The €3 million contribution was led by Whysol Investments and was joined by RedSeed Ventures.
They are planning to use the fresh funds for further developing their ground segment services for various microsatellite operators in the new space economy and scaling the business globally. They are also planning to grow their operation of ground stations from the present count of 8 to 11 by activating and applying stations in Canada, Australia and Sri Lanka during the first trimester of 2021 and at the end of the year they are expected to have 15 operational ground stations.
Leaf Space was founded in 2014 by Giovanni Pandolfi, Jonata Puglia, Matteo Boiocchi and Michele Messina. It is a space tech company that wants to simplify the access to space for the microsatellite operators.
AI startup Molecula announces US$17.6 million investment
Austin based Molecula, an artificial intelligence enterprise that features store built for and machine scale analytics secured US$ 17.6 million Series A funding on 13th January 2021.
The Series A round that brings the total capital raised by Molecula to US$ 23.6 million was led by Drive Capital with the participation from TTV Capital and the existing investors including Tensility. Andy Jenks from Drive Capital will join the board of directors of Molecula.
The proceeds of the funding will be used to accelerate the launch of molecular cloud and scaling the sales and marketing efforts of the company.
Molecula was founded in 2017 by Ganesh Padmanabhan, Higinio O. Maycotte, Jonathan Spillman, Travis Turner, Troy Lanier and Zachary Landry. It is a cloud data access platform that simplifies, improves and accelerates the control over big data by the creation of highly performance data representatives and eliminating the need to pre-aggregating, federate, copying, caching or moving the data sources.
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