American cybersecurity startup PlexTrac secures US $ 10 million in Series A

PlexTrac secures US $ 10 million

PlexTrac, an Idaho based cybersecurity startup, announced on 14th April 2021 that it has raised US $ 10 million in its Series A funding round. The round was led by Noro-Moseley Partners and Madrona Venture Group along with participation from StageDotO. Investors: Noro-Moseley Partners or NMP, in short, is an Atlanta (United States) based venture capital firm that was founded...

Elder-care tech company Papa raises US$ 60M in Series C

Elder-care tech company Papa

US-based Papa, an elder-care tech company that offers care and companionship to seniors, raised US$ 60 million in Series C round on 13 April 2021. Investors: The funding round was led by Tiger Global Management. The total amount raised by Papa stands at US$ 91 million to date . Purpose of the funding: The funds raised will be utilized to drive...

Will Fintech startup Zeta become India’s 7th Unicorn this month?

Fintech startup Zeta become India’s 7th Unicorn

Indian banking tech startup Zeta, which provides modern processing and embeddable banking solutions, is inching closer to acquiring a unicorn status. It could become India’s 7th unicorn in the month of April. The SoftBank Vision Fund 2 is in the advanced stages of talks with the startup to lead a US$ 250 million Series D round. If the investment comes...

The Surge of Gig Economy in India

The Surge of Gig Economy in India

Over the last few years, there has been a substantial rise in what has become to be known as “gigging”. The gig economy is defined as “the exchange of labour for money between individuals or companies via digital platforms that actively facilitate matching between providers and customers, on a short-term and payment-by-task basis.” It is expected that India’s gig economy...

Deeplite secures CAD 7.5M in seed funding

Deeplite secures CAD 7.5M in seed funding

Montréal-based AI startup Deeplite announced in April 2021 that it has raised CAD 7.5M in a seed funding round from Desjardins Capital, Somel Investments, BDC Capital through its Bridge Financing Program, PJC, Innospark Ventures, Differential Ventures, and Ajay Shah (executive chairman of Smart Global Holdings). The startup will use the proceeds from this funding round to accelerate the research and...

After months of validating the concept and testing the app, SPARQ’s time has finally come!

Innovative personal finance platform SPARQ

Tallinn, Estonia-based SPARQ, an innovative personal finance platform, is releasing its much-anticipated MVP application. After months of validating the concept and testing the app, SPARQ’s time has finally come! Its current users will need to update their application to use the new one. Smart, engaging and visually appealing, the SPARQ app encourages users to take control of their finances. SPARQ...

Personalised nutritionist-approved food delivery company Territory Foods secures US $ 22 million

Territory Foods secures US $ 22 million

Territory Foods, a Virginia (United States) based startup, announced on 13th April 2021 that it has raised US $ 22 million in its series B funding round. The round was led by US Venture Partners along with participation from Upfront Ventures, S2G Ventures, Rethink Capital Partners, Motley Fool Ventures, Lewis and Clark Ventures and more. Investors: US Venture Partners is...

Virtual social meeting platform Mibo secures €1 million in seed funding

Mibo secures €1 million

Mibo, an Amsterdam (Netherlands) based startup, announced on 14th April 2021 that it has raised €1 million in its seed funding round. The round was led by Netherlands’ Peak Capital. Investors: Peak Capital is an Amsterdam based venture capital firm that was founded in 2007 by Heleen Dura - van Oord, Johan van Mil and  Stefan Bary. It mainly invests...

American company Wage secures US $ 5 million in Series A

Wage secures US $ 5 million

Wage, a California (United States) based startup, announced on 13th April 2021 that it has raised US $ 5 million in its series A funding round. The round was led by Gradient Ventures along with participation from Cofound Partners, Bloomberg Beta, 8VC, Pear VC and more. Investors: Gradient Ventures is a California based Google’s AI-focused venture fund that was founded...

What you need to know about Coinbase’s IPO

Coinbase, which is set to go public on April 14th is one of the most highly anticipated IPOs of this year. Founded in 2012, Coinbase is the largest consumer-facing cryptocurrency exchange in the US.