Vestaboard Announces Additional USD 5 Million in Seed Capital
23 August 2022, San Francisco — A new round of initial funding for Vestaboard, the leading messaging display designed to help people inspire one another at work and home, is being led by customers. The company is renowned for its creative design, which updates a vintage display and bridges the gap between technology and interpersonal interaction. Vestaboard expects to experience...
EverGlade Consulting Plays a Key Role in the Industrial Base Expansion (IBx) Project
24 August 2022, Charleston, South Carolina — EverGlade Consulting ("EverGlade"), a national consulting company, has successfully managed USD 39 million in federal funds through a partnership with a world leader in mRNA materials used for research, diagnostics, and treatments. By constructing a new cutting-edge facility, the IBX project will increase domestic production capacity for components necessary for developing and producing...
South Korea-based Biotechnology firm Avelos Therapeutics raises USD 8 million in Series A funding
SEOUL, South Korea, August 22, 2022 — Avelos Therapeutics, an innovative biotechnology firm focused on discovering and developing novel drugs, has raised USD 8 million in the startup's Series A fundraising round, garnering praise from the venture capital community. The money will boost the company's tailored, biomarker-driven on-therapeutics, which use the idea of synthetic lethality to target malignant cells that...
Boston-based video streaming startup TVCoins raises USD 10 million in seed funding
22 August 2022, Boston — A USD 10 million seed round capital raise by TVCoins, a white-label Free Ad-Supported TV (FAST) network, was completed today. The startup's innovative strategy for releasing video streaming apps and built-in viewer reward schemes attracted a lot of attention from potential investors. The Chevy Chase, Maryland-based asset management company Roumell Asset Management, LLC helped TVCoins...
Forterro receives investment from Battery Ventures
London, UK-based provider of enterprise resource planning (ERP) software for the industrial midmarket, Forterro, received investment from Battery Ventures. The company announced the news on August 22, 2022. However, it did not unveil the amount of investment. Battery Ventures is a global, technology-focused investment firm. Purpose of Investment by Battery Ventures With the recent investment, Battery Ventures now possesses a significant minority...
Kasisto raises an additional USD 15.5 million in Series C extension
New York, the U.S-based provider of a digital experience platform for the financial services industry, Kasisto, raised USD 15.5 million. The Series C extension round took place on August 22, 2022. Fidelity Information Services, LLC and Westpac Banking Corporation led the financing for the firm. Meanwhile, BankSouth also joined in the investment. So far, the total amount raised in Series...
Top 10 Seed Stage Mobility startups of Germany
Germany’s startup ecosystem saw a rise in funding by 51% y-o-y from 2017 to 2022, from USD 3.5B to USD 18.3B. Participation in the mobility sector rose from 1.2% to 6.7%. In the same period and with lesser participation, the overall mobility sector saw a 129% y-o-y from USD 44.58M to USD 1.24B beating Germany’s total funding benchmark. The seed...
Top 10 Toy Startups worldwide
In 2020, the global toy market's value stood at USD 129 billion. Contrary to the Covid-19 impact, when every industry had borne the adverse effects of the pandemic, Toy Industry stood firm. The market witnessed a steady growth in demand across the world. In 2020, the industry saw a 22.30 % of CAGR. Moreover, the market size for the...
Toronto-based composable commerce platform startup Myplanet raises USD 11 million
TORONTO, AUGUST 22, 2022 - Tercera, a growth-focused investment company specializing in professional cloud services, has invested USD 11 million in Myplanet, the leading expert in composable commerce. By strengthening its ties with the MACH Alliance, introducing new, creative pre-packaged accelerators that democratize access to composable trade, and doubling the size of its worldwide talent pool, Myplanet will strengthen...
Tokyo-based healthcare AI firm Ubie Inc. raises USD 26.2 million in Series C funding
Singapore and Tokyo, August 22, 2022 — In its first round of Series C fundraising, Ubie, Inc., a healthcare AI firm with the goal of "Developing a Healthcare Guide for Everyone, raised USD 26.2 million. The Dai-ichi Life Insurance Company, Limited, Egg FORWARD, Inc., Norinchukin Capital Co., Ltd., and Venture Capital Limited, wholly owned subsidiaries of NEC Capital Solutions Limited,...
