Belgium-based digital content marketing startup StoryChief raises USD 3.45 million in funding
StoryChief, a martech firm, recently disclosed financing of €3.4 million (USD 3.45 million) to expand its online platform for content marketing. Through clever integrations and artificial intelligence, the Belgian startup assists marketing teams in centralizing and streamlining procedures. As the value of content for marketing teams continues to rise, the industry is adopting innovations that centralize, streamline, and improve operations....
China-based robotics startup Syrius Robotics raises USD 40 million in Series B
Chinese business Syrius Robotics, which creates autonomous robots for warehouses, has just raised USD 40 million in total capital after securing 50 million yuan (USD 7.4 million) in a Series B funding round. Harvest Capital, a Chinese investment company, specializing in innovations integrated into traditional sectors, is the only backer of its most recent round of funding. In August, Syrius...
Detect Technologies raises USD 28 million in Series B funding
Chennai, India-based Software-as-a-service platform Detect Technologies raised USD 28 million in Series B funding. The round took place on July 13, 2022. Prosus Ventures led the financing for Detect Technologies. Existing investors such as Accel and Elevation Capital, Shell Ventures, Bharat Innovation Fund, and Bluehill Capital, also participated in the round. The valuation with the recent funding increased substantially as...
Wysa raises USD 20 million in Series B funding
Bangalore, India-based mental health-focused AI platform Wysa raised USD 20 million in Series B funding. The round took place on July 14, 2022. HealthQuad and British International Investment (BII) co-led the financing for Wysa. Meanwhile, Existing investors, including US-based W Health Ventures, Kae Capital, Google Assistant Investments, and pi Ventures, among others, participated in the round. Purpose of Funding by...
Bangalore-based rural tech startup FAARMS raises USD 10 million
Ruraltech startup FAARMS, based in Bengaluru, has raised USD 10 million from a group of investors that includes Dr. Cornelius (Conny) Boersch, founder of Conny & Co., a serial entrepreneur, one of Europe's most active business angels, Koh Boon Hwee, a Singaporean angel investor, Apoorva Ranjan Sharma, co-founder of Venture Catalysts and 9 Unicorns, Ramit Mittal of Bharti. By utilizing...
Mexico-based fintech startup Stori raises USD 150 million in funding
July 15, 2022, MEXICO CITY — Stori, a rapidly expanding fintech business that provides credit card products to underprivileged Mexicans, announced the closing of a USD 150 million fundraising round, valuing the business at USD 1.2 billion. Stori has now joined a small club of Mexican-based companies that have attained "unicorn" status due to this most recent round of...
MediBuddy acquires Clinix for an undisclosed sum
Bangalore, India-based digital healthcare platform MediBuddy acquired Clinix on July 13, 2022. The company did not disclose the amount of the acquisition. Clinix is a Hyderabad, India-based online doctor consultation platform focused on rural India. Purpose of Acquisition by MediBuddy With the recent acquisition of Clinix, MediBuddy can further scale its operations in the rural part of the country. Besides, the...
5ire turns Unicorn with USD 100 million in Series A Round
London, the U.K-based layer one blockchain company 5ire raised USD 100 in funding. The Series A round took place on July 15, 2022. UK-based SRAM & MRAM Group led the funding for 5ire. With the recent funding, the valuation of the company soared to USD 1.5 billion. 5ire is the 105th company to turn unicorns for India. It is the...
Fashion discovery platform startup ShoutO raises USD 1.6 million
Shouto.app, a platform for finding fashion, has officially begun operating. A pre-Seed round headed by Saama raised USD 1.6 million for the company. Whiteboard Capital, Amit Singhal, a former head of search at Google, Arjun Vaidya, and 25 D2C founding angels are some of the other investors who took part. The money will be used to create new products,...
Taiwan-based travel platform startup KKDay raises USD 95 million in Series C+ funding
On July 14, 2022, KKDay, an Asian platform for travel experiences, raised an additional USD 5 million in a Series C+ round, increasing the total amount raised to USD 95 million. TGVest Capital, a significant tech-focused private equity fund in Asia, is leading the deal. The funding will be used to grow KKday's staff internationally, strengthen its domestic presence (especially...
