What Entrepreneurs Should Know About Understanding the Difference Between Delinquency and Default

As an entrepreneur, you may inevitably need to borrow money. Business owners mayneed to take a loan to fund a new business idea, expand their operation or cover theiroperating costs when business is slow, and they don't have enough cash to pay theirexpenses.Before taking a loan, it's essential to understand the terms and be sure you can repay it.It's...

Digital health startup Agamon Health raises USD 5 million in funding

Tel Aviv, Israel-based digital health startup Agamon Health raised USD 5 million in recent funding. The company announced the fundraise on November 8, 2022. Leading VC firm focusing on Digital Health, eHealth Ventures led the financing for the firm.  Purpose of financing for Agamon Health  With the latest injection of capital from eHealth Ventures, Agamon Health intends to drive further development...

U.S.A-headquartered Fordefi raises USD 18 million in seed round

U.S.A-headquartered financial technology and software company, Fordefi raised USD 18 million in seed funding. The seed round took place on November 8, 2022. Lightspeed Venture Partners led the financing for the firm. Electric Capital, Alameda Research, Jump Crypto, Castle Island, Pantera Capital, Illuminate Financial, PayPal Alumni Fund, Nima Capital, Digital Currency Group, Defiance Capital, and StarkWare joined in the...

 New York – based holistic compliance platform startup Laika raises USD 50 million in Series C funding

NEW YORK, Nov. 8, 2022 — Laika, the industry's first holistic compliance platform, said today that it has concluded a USD 50 million Series C investment round headed by Fin Capital, with participation from new investor Centana Growth Partners as well as current investors J.P. Morgan Growth Equity Partners, Canapi, and ThirdPrime. The increased capital will help Laika continue to...

Israel-based cybersecurity startup Veriti raises USD 12 million

TEL AVIV, November 8, 2022  — Veriti, a fast-growing security infrastructure innovation, emerged from stealth today with a total capital of USD 18.5 million. A USD 12 million financing lead by global software investor Insight Partners was followed by a USD 6.5 million round led by NFX and AMITI. The fresh capital will help the firm scale to meet...

Top 10 Virtual Reality Startups Worldwide

Virtual Reality (VR) is a digitally produced experience that simulates a three-dimensional environment in the real world.The global virtual reality market size was valued at USD 21.83 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 15.0% from 2022 to 2030. Considering this, we present to you Top 10 Virtual Reality Startups Worldwide. Ready...

New York-based cloud optimization platform startup Exotanium raises USD 12 million in Series A funding

ITHACA, New York, November 7, 2022  — Exotanium, an Ithaca, New York-based business that provides a cloud resource optimization and management platform, said today that it has raised USD 12 million in series A investment. The round, anchored by Cambium Capital and Celesta Capital, offers critical capital to support the company's future product plan, which includes expanding to additional...

Kansas-based employment platform WorkTorch raises USD 2.2 million in seed funding

WICHITA, Kan., Nov. 7, 2022 - WorkTorch, a rapidly developing service sector employment platform, has announced a USD 2.2 million seed round headed by Wichita, Kansas-based Tenzing Capital. This cash boost comes as October employment figures reveal that individuals leave their jobs quicker than they are being hired. The firm recently renamed QuickHire to WorkTorch to promote its additional capabilities,...

India-based molecular diagnostics firm Rivaara Labs raises USD 7.3 million in funding

Rivaara Labs Pvt. Ltd. Ltd, a development-focused molecular diagnostics firm, revealed on Monday that it had raised Rs 60 crore (USD 7.3 million) in its first institutional round, according to a source familiar with the matter who requested anonymity. Amicus Capital and Kotak Investment Advisors Limited led the Rs 60 crore fundraising round (KIAL). Bharat Daftary, the creator of Rivaara,...

Paris-based photo editing software platform PhotoRoom raises USD 19 million in Series A funding

Balderton Capital led a USD 19 million Series A investment for PhotoRoom, the award-winning worldwide picture editing platform. Angels from Facebook, Hugging Face, and Disney+ were also present. Adjacent, who led the seed round, is also taking part. PhotoRoom, founded in late 2019 by Matthieu Rouif and Eliot Andres, has quickly become the go-to editing tool for consumers, entrepreneurs, and...