London-based Closed Loop Medicine secures €275K for COVID-19 and hypertension monitoring

CLM

Closed Loop Medicine (CLM), a London based therapeutics and healthtech startup, announced to raise approx. €275K COVID-19 Innovate UK Continuity Funding award in order to support its ongoing clinical research programme previously secured through the Innovate UK Precision Medicine Accelerator. Due to the coronavirus pandemic outbreak and the resultant global lockdown the CLM's study was placed on hold. However during the early...

Estonian fintech Montonio raises €500K to compete with the traditional installment credit model

Montonio

Tallinn-based fintech startup, Montonio announced on 24th July, 2020, that it has secured €500k in a pre-seeding round. The investors in this round include, Triin Hertmann and Martin Sokk (former COO and first head of product at TransferWise respectively), Jevgeni Kabanov (CPO at Bolt), Practica Capital (Lithuania), Charlie Songhurst (Katana Capital, ex-Google), Superangel (Estonia) and Gorilla Capital (Finland). Montonio was...

Food logistics startup GET IT secures Series A funding

Food logistics startup GET IT secures Series A funding

Rwandan food logistics startup GET IT has raised an undisclosed amount of capital in a Series A funding round held in July 2020 led by VestedWorld, Chandaria Capital and other angel investors. The fresh funds raised will be utilized to expand its operations and give it a platform for future regional progress. Launched in 2014 by Lauren Russell Nkuranga, GET IT supplies food...

IIT Madras startup Muse Wearables bags US$ 2.9M for launching wrist bands that detect COVID-19 symptoms

IIT Madras startup Muse Wearables bags US$ 2.9M

Muse Wearables, a startup incubated at IIT Madras by an alumni group along with an NIT Warangal alumnus has raised US$ 2.9M in July 2020. The wearable wrist band that can identify COVID-19 symptoms in a person just in the initial days of getting infected will be available in the market next month, that is, August 2020. The startup...

Mainstream Types of Portfolio 

One constantly hears about the wisdom of diversification - “Don't put all your eggs in one basket.” As you swim through the universe of investments, it may appear to be a new domain from the outset and as a newbie you wish to mitigate risk and look for more significant yields. You could begin by looking up how to diversify your...

Quick Guide: Share Appreciation Rights

Employee equity incentive plans are very useful tools for start-ups and even SMEs to reward, align and retain employees. Apart from the popular and more widely known employees share option scheme (ESOS), share appreciation rights (SARs) are another form of ‘equity-linked’ incentives to motivate employees towards increasing the overall value of the organization or to steer towards the goal of...

South Korea’s Riiid raises US$ 18M Series C funding

South Korea’s Riiid raises US$ 18M Series C funding

Seoul-based AI and EdTech startup Riiid has obtained US$ 18M in a Series C funding round held in July 2020, led by DSC Investments and other venture capitals including Alpenroute Asset Management, Premiere Partners, IMM Investment, and Korea Growth Investment Corporation. The fresh funds raised will be used by the company to conduct R&D and further develop its AI technology. About...

Digital design platform Ceros raises USD 100M

Ceros is taking a big step up in fundraising, with the announcement that it has raised a $100 million investment led by Sumeru Equity Partners along with other existing investors on 22nd July, 2020. The New York City based platform offers its clients to create websites and graphics without any coding. Sumeru Equity Partners (SEP) investment was led by Sanjeet Mitra, John Brennan, George Kadifa...

Online used car retailer Clutch bags 7M CAD seed funding

Online used car retailer Clutch bags 7M CAD seed funding

Toronto-based online used car retailer Clutch has raised 7M CAD in a seed round led by new investors Real Ventures and Global Founders along with existing investors BrandProject Capital, FJ Labs and Azure Capital Partners in July 2020. The startup plans to use the new funds to help increase its business in Toronto and Halifax and also hire new team-members. Stephen...

Germany based market research firm Quantilope raises €24.1 million in Series B

Quantilope

Quantilope, a market research startup based in Germany and the New York city has announced on 23rd July, 2020 that is has secured €24.1 million series B financing. The investment was led by Digital+ Partners, with Silicon Valley Bank providing debt financing. Other participants are Quantilope's existing investors at Senovo, Surplus and Dawn Capital. This latest round brings the total...