Indian-based Edtech startup Byju’s raises US $800 million in Pre-IPO funding
The education technology startup Byju's announced on March 11th, 2022, that it has raised US $800 million in new capital as part of a pre-IPO round. Byju Raveendran, the company's founder, and CEO has put US $400 million of his own money into the company. The financing, which comes ahead of the company's anticipated initial public offering (IPO), values the Bengaluru-based...
Auction-based advertising infrastructure startup Topsort raises US $8 million in seed funding.
Auction-based advertising infrastructure startup Topsort raises US $8 million in seed funding. San Francisco - based startup Topsort announced that it has raised US $8 million in seed funding on 10th March 2022. Topsort, which was founded just over a year ago, raised seed funding from Pear Ventures, Quiet Capital, FJLabs, Micky Malka (Ribbit Capital), Lydia Jett (Softbank), Akhil Paul, Comma...
Enterprise tech platform Jiffy.ai raises USD 53 million in Series B round
As part of its Series B round, Bangalore-based (India) Jiffy.ai raised USD 53 million on March 9, 2022. Jiffy.ai is an enterprise tech platform. Fidelity-backed Eight Road Ventures, a leading global investment firm, led the round. Iron Pillar, R-squared, and existing investors including Nexus Venture Partners, Reaction Capital, and Rebright Partners also participated in the funding. Jiffy.ai's Purpose of Funding The Bangalore-based...
Live video infrastructure 100ms raises USD 20 million in Series A round
India and the U.S-based, live infrastructure startup 100ms raised USD 20 million on March 11, 2022. Alpha Wave Incubation (AWI) led the Series A round of funding. AWI is a USD 300 million investment firm backed by DisruptAD, ADQ's venture platform, and managed by Alpha Wave Global. Matrix Partners India and LocalGlobe also invested in the round. Besides, 100ms existing investors...
Mumbai-based Oorjaa raises USD 1.17 million in Pre-Series A Funding
Mumbai, India -based Business to Business (B2B) logistics tech platform Oorjaa raised USD 1.17 million (INR 9 crore) on March 8, 2022. Inflection Point Ventures (IPV) led the Pre-Series A funding round. The round also saw participation from a clutch of high-net-worth individuals (HNIs) who invested personally and via the Vinners angel investing platform. Oorjaa's Purpose for Funding- The B2B logistics tech...
SaaS-based Startup Hiver raises USD 22 million in Series B Funding
San Francisco, headquartered Hiver, raised USD 22 million (INR 165 crore) in Series B round on March 7, 2022. Hiver is a software-as-a-service (SaaS) startup operated by GrexIT Inc. K1 Capital led the Series B round of funding. Existing investors such as Kalaari Capital, Kae Capital, and AngelList also invested in Hiver. . Hiver's Purpose of Funding- Hiver wants to use the fresh...
Genetic Engineering startup Colossal Biosciences raises US $60 million in series A
On March 9th, 2022, Colossal, a firm known for its aim to resurrect a wooly mammoth, raised US $60 million in Series A funding. Untamed Planet, Animoca Brands, Breyer Capital, Animal Capital, Arch Ventures co-founder Robert Nelsen, Paris Hilton, Bold Capital, First Light Capital Group, Boost VC, Jazz Ventures, Builders VC, Green Sands Equity, Draper Associates, Charles Hoskinson, and others...
New York-based startup Selfbook raises US $15 million in Series A extension round
Selfbook, a provider of hotel payment software, has completed a US $15 million extension of its Series A investment, valuing the firm at $300 million as of March 8, 2022. The expansion was headed by Tiger Global Management, which also led the company's US $25 million Series A round in October. Selfbook, based in New York, was valued at US...
Germany-based HRtech startup Workwise raises EUR 12 million in Series A
Workwise, a business based in Germany that wants to make job searching and hiring easier, revealed on March 8, 2022, that it has raised EUR 12 million in its Series A round of funding. LEA Partners, based in Karlsruhe, and Armira Growth, based in Munich, participated in the round. Workwise believes that the funds raised in this round will be...
Cybersecurity startup Axonius raised USD 200 million in Series E round
New York-based Axonius Inc., a leading cybersecurity asset management and SaaS-based startup raised USD 200 million. The funding was raised in the Series E round on March 9, 2022. Venture Capital firm Accel was the lead investor. Amongst the new investors, Silver Lake Waterman, Alta Park Capital, and Owl Rock contributed to the funding as well. Existing investors such as...
