Auxano Capital launches USD 25 million angel fund
Gurugram, an India-based early-stage venture capital firm, Auxano Capital launched USD 25 million for Category 1- Angel Fund. A network of high-net-worth individuals (HNIs), ultra-high-net-worth individuals (UHNIs), and family offices pooled the funds for Auxano Capital. The company announced the launch of the angel fund on July 21, 2022. The venture capital expects to achieve the fund's first close...
Veremark raises USD 8.5 million in the latest funding round
London, The U.K-based background screening and reference checking platform Veremark raised USD 8.5 million (EUR 8.2 million) in recent funding. The round took place on July 20, 2022. The US-based venture capital firm Stage 2 Capital led the financing for the firm. Meanwhile, the new investor Samaipata, a Pan-European venture capital firm, joined in the investment. Besides, several existing...
California-based Surgical Intelligence startup Theator raises USD 24 million in Series A
California's PALO ALTO, July 22, 2022 - Surgical Intelligence's developer, Theator, revealed that it has raised USD 24M in addition to its Series A fundraising round. The first USD 15.5M Series A round, announced in February 2021, was followed by this extension, increasing the round's total to USD 39.5M. With the assistance of previous investors Blumberg Capital, Mayo Clinic, NFX,...
Finland-based IQM Quantum Computers raises USD 130 million in Series A2 funding
On July 22, 2022, Finland — The world leader in developing superconducting quantum computers, IQM Quantum Computers (IQM), has announced today that it has raised €128 million (USD 130 million) in Series A2 funding, led by World Fund, to grow its global clientele and quicken product development to address the most pressing global issues. Participating in the round were new...
One Medical to be purchased by Amazon for USD 3.9 billion
21st July 2022 marks a significant advancement for Amazon's interest in the healthcare sector and its position as a major player there. The business recently revealed its plans to acquire One Medical, a primary care organization that uses in-person, online, and virtual interactions in its services. When One Medical went public in 2020, Amazon said it would acquire the...
San Francisco-based HR Tech startup raises USD 52 million in Series C funding
The startup 15Five, which invented continuous performance monitoring, has raised USD 52 million in capital to spur development and new ideas. The Series C round, which was led by Quad Partners and included funding from prior investors Next47, Origin Ventures, Edison Partners, Matrix Partners, Point Nine Capital, and New Ground Ventures, validates 15Five's tried-and-true strategy for human-centered talent management and...
DrinkPrime raises USD 7.5 million in Series A funding
The subscription-based reverse osmosis (RO) water supplying startup DrinkPrime raised USD 7.5 million in Series A funding. The Bangalore, India-based startup, raised funds on July 20, 2022. Omidyar Network India, Surge Sequoia and 9Unicorns led the financing for the firm. Northern Arc Capital and Unitus Capital also joined in the investment. Meanwhile, Aureolis Ventures, Kwaish Ventures and ZNL Growth...
CII Karnataka Launches Startup Task Force
On July 20, 2022, The confederation of Indian Industry, CII Karnataka, announced the launch of the 'Startup Task Force' with a vision to strengthen the startup ecosystem in Bangalore, India. Along with the launch of the task force, CII also introduced various initiatives to support startups in the business-to-business (B2B) segment. Purpose of the Startup Task Force The Startup Task Force...
Investment firm B Capital raises USD 250 million in its Early-stage fund
On July 20, 2022, B Capital, a multinational multi-stage investment company, announced closing its USD 250 million Ascent Fund II, its first designated early-stage fund. With a focus on the US and Asia, the Ascent Fund will invest in pre-seed through Series A rounds around the globe. General partners Howard Morgan, Gabe Greenbaum, Karen Page, founder, and managing partner Eduardo Saverin,...
India-based Health-Tech startup Fitterfly raises USD 12 million in Series A funding
Fitterfly, a health tech startup focused on digital medicines and health, revealed on Wednesday that it had secured USD 12 million in Series A funding from investors Fireside Ventures and Amazon Smbhav Venture Fund on 20th July 2022. Nine Unicorns, Venture Catalysts, Nihar Parikh, the founder of 4point0 Health Ventures, and Sriram Natarajan, the founder of Molbio, are the co-investors...
