Indian Dental care startup Smiles.ai raises USD 23 million in Series A round

Smiles.ai, an Indian Healthcare startup, has raised USD 23 million in a Series A funding round led by Alpha Wave Incubation (AWI) on 23 January 2022. Investors: Alpha Wave Incubation (AWI) led the latest funding round with participation from MBX Capital, Wami Capital and angel investors Peyush Bansal and Amit Chaudhary, Co-founders, Lenskart; Revant Bhate, Co-founder, Mosaic Wellness; Miten Sampat CSO, CRED; Aakrit...

Indian emergency response startup StanPlus secures US$ 20M in Series A

StanPlus, a Hyderabad-based startup offering 24/7 emergency and medical transport service, has raised US$ 20 million in a Series A funding round co-led by HealthQuad, HealthXCapital and Kalaari Capital on 24 January 2022. Investors: The latest investment round featured HealthXCapital, HealthQuad and Kalaari Capital as the lead investors with participation from Pegasus FinInvest and angel investors including Prashant Malik and Sandeep...

Indian food delivery startup Swiggy raises USD 700 million in its latest funding round

India-based Swiggy, an on-demand food delivery platform that directly brings food from neighbourhood restaurants to customers' doors, raised USD 700 million on 24th January 2022. Investors: Several new investors participated in the round, including Baron Capital Group, Sumeru Venture, IIFL AMC Late Stage Tech Fund, Kotak, Sixteenth Street Capital, Ghisallo, Smile Group, and Segantii Capital. In addition to its existing...

German UAV startup Wingcopter secures USD 16 million contract with Spright

Germany-based Wingcopter, an aviation startup that manufactures and uses drone technology to meet humanitarian and commercial needs, secured a USD 16 million contract on 24th January 2022. Contract Worth USD 16 million The contract has been secured with Spright, which is operated and owned by Air Methods, a leading provider of air medical services in the United States. Spright will acquire...

Ether outshines Bitcoin

The month of September was a bad month for the market of cryptocurrency and Bitcoin. But, Ether faced it way better than other cryptos. The overall market cap of every crypto has presently dropped nearly 13.7 % on a monthly basis to date. Ether has currently reported a monthly profit of 0.30 %. Ether is performing the best and...

Senegal-based logistics startup PAPS raises USD 4.5 million in Series A round

PAPS, the Senegalese logistics startup, has raised USD 4.5 million in a Series A funding round co-led by 4DX Ventures and ORANGE on 21 January 2022.  Investors: 4DX Ventures, a pan African venture capital firm, and ORANGE, a regional telecom operator, co-led the latest funding round with participation from Yamaha Motors, Lofty Capital, Proparco, Google Black Founders Fund, To.org, Kepple...

Indian Agritech startup Agrowave raises USD 2 million in Pre-Series A round

Agrowave, an India-based agritech startup creating a supply-driven farm-to-market mobility supply chain with a focus on first-mile logistics and trades supply via an integrated network of mobile pickup stations, has raised USD 2 million in Pre-Series A funding round from Aroa Ventures, the family office of Oyo founder Ritesh Agarwal on 21 January 2022.  Investors: Aroa Ventures, the family office...

Ireland-based cleantech startup Exergyn secures US$ 34M in Series A

Exergyn, a Dublin-based cleantech startup building innovative waste conversion and heat recovery solutions, has raised US$ 34 million in a Series A funding round co-led by Mercuria and Lacerta Partners on 21 January 2022. Investors: The latest investment round featured Mercuria and Lacerta Partners as the lead investors with participation from McWin. The startup has managed to raise, in total, over...

Finnish pharmaceutical startup Desentum raises Euro 8 million in a funding round

Finland-based Desentum, a pharmaceutical startup specialised in developing an allergy vaccine that uses modified hypoallergenic proteins to switch the immune system’s response to allergens, raised Euro 8 million on 21st January 2022. Investors: The investment round was led by Springvest Oyj, a Finnish investment company. Purpose of funding: The startup intends to invest in clinical development using the funding. In addition,...

US-based SaaS startup Zuper raises USD 13 million in Series A

US-based Zuper, an intelligent workforce management platform that allows businesses to automate, digitalise, and optimise field operations, raised USD 13 million in Series A on 21st January 2022. Investors: The investment round was led by FUSE, which included Sequoia Capital India, Prime Venture Partners, and HubSpot Ventures. A total of USD 14.1 million has been raised so far. Purpose of funding:...