Israel-based Clarifruit raises USD 12 million in Series A

Jerusalem, Israel-based company, developing a software platform for automated quality control for the fruit and vegetable supply chain, Clarifruit raised USD 12 million in recent funding. The Series A round took place on November 16, 2022. Champel Capital and Firstime Ventures led the financing for the firm. Meanwhile, Kubota and NevaTeam Partners joined in the funding. Purpose of financing for...

India-based FastJobs.io raises an undisclosed amount in pre-seed funding

Mumbai, India-based job tech platform, FastJobs.io raised an undisclosed amount of funding in a pre-seed round. The company announced the fundraise on November 14, 2022. Super angel investors led the financing for the firm. Ashish Hemrajani, Founder & CEO, BookMyShow; Parikshit Dar, Co-founder & Director, BookMyShow; Haresh Chawla, Founding CEO, Network18 and Partner, TrueNorth, joined in the funding. Meanwhile,...

U.S.A-based HR Acuity acquires Speakfully

New York, U.S.A-based provider of a human resources SaaS solution, HR Acuity, acquired Speakfully. The company announced the acquisition on November 14, 2022. However, it did not unveil the financing details pertaining to the transaction.  Speakfully, founded in 2018, is a U.S.A-based safe, private, and secure platform for employees to voice workplace concerns. Purpose of acquisition by HR Acuity  With the recent...

Indonesian startup Privy raises USD 48 million in Series C

Jakarta, Indonesia-based digital trust provider Privy raised USD 48 million in recent funding. The Series C round took place on November 14, 2022. KKR led the financing for the firm. Meanwhile, existing investors MDI Ventures, GGV Capital and Telkomsel Mitra Inovasi (TMI) joined in the funding. Besides, the round saw participation from new investor Singtel Innov8. Purpose of financing for...

U.S.A.-based Validic raises USD 12 million in latest funding

Durham, U.S.A-based market-leading digital health and remote care company, Validic raised USD 12 million in the latest financing. The company announced the fundraise on November 14, 2022. National strategic healthcare investment program focusing on solutions that meaningfully improve quality, service and affordability for patients, providers, healthcare delivery systems, and the larger community, Kaiser Permanente Ventures led the financing for...

Five Benefits of Automating Accounts Payable

Automating accounts payable is a smart idea to help you save time and reduce errors. Here are five benefits that you can expect to see after your accounts payable is automated. How do you automate accounts payable? There are five benefits of automating accounts payable. The first is that it saves you time. You won't have to manually enter information into...

Open source software firm Directus raises USD 7 million in Series A

New York, the U.S.A-based open source software company Directus raised USD 7 million in Series A funding. The round took place on November 10, 2022. True Ventures led the financing for the firm. Meanwhile, Handshake Ventures joined in the investment.  As a part of the deal, True Ventures Co-founder Phil Black joins Directus' board of directors as the company's growth...

VC firm Volo Earth Ventures closes Inaugural Fund at USD 90 million

Colorado, U.S.A-based emerging venture capital firm that invests in early-stage climate tech companies, Volo Earth Ventures, closed its inaugural fund at USD 90 million. The company announced the closure of Volo Earth Climate Fund I on November 10, 2022. Global investors such as Credit Suisse's Climate Innovation Fund participated in the funding. The company also received support from foundations,...

U.S.A-based TRM Labs raises USD 70 million in Series B Expansion

San Francisco, the U.S.A-based blockchain intelligence company TRM Labs raised USD 70 million in recent funding. The Series B expansion round took place on November 9, 2022. Thoma Bravo led the financing for the company. Meanwhile, Goldman Sachs, PayPal Ventures, Amex Ventures, and Citi Ventures joined in the funding. The company earlier raised USD 60 million in December 2021. Tiger...

Accenture and NTT Docomo collaborate to fuel the adoption of Web3

Tokyo, Japan-based company, providing mobile telecommunication services through its W-CDMA networks, NTT Docomo and Accenture collaborated to accelerate the adoption and application of Web3 for addressing social issues. The companies announced the collaboration on November 8, 2022.  Purpose of collaboration between Accenture and NTT Docomo  The purpose of collaboration between Accenture and NTT Docomo is three-fold, which involves: Promoting ESG (Environmental, Social...