Condense raises USD 4.5 million in seed funding
Bristol, the U.K-based metaverse infrastructure company, Condense, raised USD 4.5 million on July 28, 2022. LocalGlobe, 7percent Ventures and Deeptech Labs led the financing for the firm. Angel investors such as Tom Blomfield, Grace Ladoja MBE and Ian Hogarth joined in the investment. Purpose of funding for Condense The metaverse infrastructure company intends to fuel its growth with the latest capital...
Bangalore-based AI food tech startup GetSupp raises USD 1.1 million in Seed funding
The nutrition platform GetSupp, supported by artificial intelligence, announced that it has secured a seed investment of Rs 9.5 crore (about USD 1.1 million) from General Catalyst and Better Capital. Famous angel investors such as We Founders Circle, Saurabh Garg (founder of NoBroker), Ankit Nagori (founder of Curefoods), Kunal Shah (founder of Credit), Rohit Kapoor (global chief marketing officer at...
Singapore-based textile startup NTX™ raises USD 200 million in C2 funding
31st July 2022, Shanghai and Singapore — Leading provider of textile technology NTX™ announced closing a C2 round of financing totaling roughly USD 200 million, with additional funding coming from current stakeholder NRL Capital. Financial advice came only from Index Capital. The money will be utilized to cover operational expenses to keep up with the escalating demand from the growing...
FinLync and Workday Ventures announce strategic partnership
New York-based global fintech company FinLync announced a strategic partnership with Workday Ventures. The company also received investment from Workday Ventures on July 28, 2022. Purpose of FinLync - Workday partnership The fintech company has joined Workday's software partner program as a part of the deal. The integration of Workday Financial Management and FinLync will enable the latter to real-time power...
B9 raises USD 2.6 million in recent funding
San Francisco, CA-based payroll solution startup B9 raised USD 2.6 million in the latest funding. The seed+ round took place on July 29, 2022. Sky Light Invest led the financing for the firm. Mbanq and the founders of a project management application, Wrike, also participated in the round. Purpose of funding for B9 With the latest capital infusion, the company plans...
Pittsburgh-based biotechnology firm startup Novasenta raises USD 40 million in Series A funding
Pittsburgh, July 29, 2022 — UPMC Enterprises, the innovation, venture capital, and commercialization arm of top healthcare system UPMC, sponsored the USD 40 million Series A funding for Novasenta Inc., a new biotechnology firm focused on the discovery and validation of novel targets to create cancer medicines. The money will enable Novasenta to develop its computational tools for target identification...
Arizona-based healthcare fintech startup PayGround raises USD 5.5 million in funding
28th July 2022, Gilbert, Arizona — A healthcare fintech payments platform called PayGround has announced the conclusion of a USD 5.5 million fundraising round, which was co-led by FCA Venture Partners and Lewis & Clark Ventures with participation from Triventures and noteworthy angel investors. This cash will help PayGround expand into new areas, invest in new marketing initiatives, and improve...
Launch House introduced its VC arm House Capital
Los Angeles-based entrepreneur membership community-focused venture capital Launch House announced the launch of its VC arm called House Capital. The company also introduced its debut fund of USD 10 million on July 27, 2022. House Capital received investment from several limited partners across tech and entertainment ecosystems, such as co-founders of Dropbox, YouTube, and Riot Games, as well as Michael...
Nada raises USD 8.1 million in Seed funding
Dallas, Texas-based fintech company Nada raised USD 8.1 million in recent funding. The seed round took place on July 27, 2022. LiveOak Venture Partners led the financing for the firm. Meanwhile, Revolution's Rise of the Rest Seed Fund, Capital Factory, 7BC Venture Capital, Sweater Ventures, LFG Ventures, Badra Capital, and Stonks Fund participated in the funding. As a part of...
Israel-based management platform Frontegg raises USD 40 million in Series B funding
Israel's Tel Aviv, July 28, 2022, Stripes and significant international software investor Insight Partners announced a USD 40 million round B fundraising for Frontegg, the top user management platform for B2B apps. This takes the total amount raised from prestigious VCs, such as Pitango First, Global Founders Capital, and i3 Equity, to USD 70M. It follows the USD 25M...
