Los Angeles-based non-alcoholic drinks startup De Soi raises USD 4 million in Seed funding

28th July 2022, Los Angeles — De Soi, a line of high-end non-alcoholic aperitifs created by Katy Perry and Morgan McLachlan, announces USD 4 million in seed funding led by Willow Growth and including renowned entertainment and sports agency Creative Artists Agency (CAA). The brand gained significant wholesale accounts like Foxtrot, Erewhon, Boisson, and Total Wine after a successful...

Huue raises USD 14.6 million in Series A funding

San Francisco, California-based biotech startup Huue raised USD 14.6 in recent funding. The Series A round took place on July 27, 2022. Material Impact led the financing for the company. HSBC Asset Management's Climate Tech VC also participated in the round. Existing investors such as SOSV's IndieBio, iGlobe and Professor Jennifer Doudna and Professor Jamie Cate joined the round. As...

86 Repairs raises USD 15.2 million in Series A funding

Chicago-based restaurant tech company 86 Repairs raised USD 15.2 million in the latest funding. The Series A round took place on July 26, 2022. Silicon Valley-based Storm Ventures led the financing for the firm.  Savory Fund, Lightbank, TDF Ventures, Gordon Food Service (GFS), Cleveland Avenue, MATH Venture Partners, and others also participated in the round. Purpose of Funding for 86 Repairs With...

HBCU Founders Initiative collaborates with UNCF TechVentures to launch the HBCU Pre-Accelerator program

San Francisco, CA-based, a nonprofit organization supporting the startup journey of HBCU students and alumni, HBCU Founders Initiative (HBCUFI), announced a collaboration with UNCF TechVentures. Together, the partners launched the HBCU Pre-Accelerator program on July 26, 2022.  Purpose of the HBCU Pre-Accelerator Program The purpose of the HBCU Pre-Accelerator program is to scale entrepreneurial education and training across HBCU campuses. It...

Brainbox AI closes Series A funding at USD 30 million

Montreal, Canada-based autonomous building technology startup Brainbox AI closed its Series A round at USD 30 million. Export Development Canada led the funding for the closure. It invested USD 3.5 million in the company on July 26, 2022.  The first close of the Series A round was in October 2021. ABB led the financing back then. Purpose of the Funding for...

New York-based startup Shypyard raises USD 3 million in Seed funding

July 27, 2022, A USD 3 million seed fundraising round, headed by Gradient Ventures, has been completed for Shypyard, which offers business planning solutions and services to contemporary brands and direct-to-consumer merchants. Along with Liquid 2 Ventures and Position Ventures, renowned angel investors like current and former executives and founders of Shopify, BigCommerce, and SnapCommerce also participated in the...

Seattle-based property management startup Latchel raises USD 16.7 million in Series A funding

Columbia based property startup Habi

July 27, 2022/ Seattle: With participation from RiverPark Ventures and existing investors MetaProp, Bain Capital Ventures, 1984 Ventures, and Hack VC, the USD 16.7 million Series A fundraising for Latchel, an award-winning platform for property management that modernizes maintenance operations and resident amenities, was led by F-Prime Capital. John Lin of F-Prime Capital will join the board due to...

The Fashion Kingdom raises USD 2.6 million in Seed funding

Egypt-based e-commerce marketplace for fashion, beauty, and home accessories The Fashion Kingdom raised USD 2.6 million in seed funding. The round took place on July 26, 2022. Egypt's first corporate venture capital firm, CVentures and an early-stage VC in the MENA region, A15, co-led the financing for the firm. Existing investors and fashion industry veterans such as Paul Antaki...

Density acquires Prevision.io for international expansion in Europe 

San Francisco, CA-based company Density acquired Paris-based data science company Prevision.io. The acquisition took place on July 25, 2022. However, the company did not disclose the amount of the transaction.  The decision to acquire Prevision.io is a part of Density's international expansion. The company also hired J C Groon to lead the company's global outreach. He will overview the preliminary...

San Francisco-based software startup Neon raises USD 30 million in Series A1 funding

Synthetic Data Software startup Syntho

July 26, 2022, in SAN FRANCISCO, The first fully-managed, multi-cloud, open-source Postgres as a Service provider, Neon, Inc., has secured USD 30 million in its Series A-1 round.  With assistance from a noteworthy angel investor group that included Nat Friedman, Ajeet Singh, Guillermo Rauch, Wes McKinney, Ryan Noon, and Sren Brammer Schmidt, GGV Capital led a knowledgeable investing group that...