Indian Agritech startup Ninjacart raises USD 145 million in the latest round

India-based Ninjacart, an online platform serving retailers, restaurants, and service providers with fresh produce from farmers, raised USD 145 million on 13th December. Investors: The investment round was led by Walmart and Flipkart. The  Agritech startup claims it is the largest deal ever struck in India. Purpose of funding: The startup plans to accelerate growth in target areas and expand delivery...

Aussie fintech startup DiviPay raises USD 20 million in Series A

Australia-based DiviPay, an expense management platform and virtual corporate card that helps SME businesses streamline their spending, raised USD 20 million on 13th December. Investors: The investment round was led by an undisclosed equity investor, alongside Global Founders Capital and Rapyd Ventures. Additionally, significant investors included founders including Raffael Johnen from Auxmoney, a dominant player in Europe's credit market, and...

Danish ad tech startup Passendo raises 2.3 million Euros in Pre-series A

Denmark-based Passendo, a leading ad tech company specializing in Programmatic Email Advertising (PEA), raised 2.3 million euros on 13th December. Investors: The investment round was led by Amsterdam-based VC Newion with UK-based early-stage funding investor FirstPartyCapital. Purpose of funding: The funding will accelerate growth through various means. The startup will focus on accelerating operations and building world-class technology that prioritizes customer...

US-based biotechnology startup Zumutor Biologics raises USD 6.2 million in Series A4

US-based Zumutor Biologics, a Next-Generation Tumor-Directed IO Therapeutics Company leveraging NK cells to modulate the Tumor Micro Environment (TME) to drive transformational change, raised USD 6.2 million on 10th December. Investors: The investment round was led by new tech investor Siana Capital with Accel and Bharat Innovation Fund (BIF) participation. This brings the total funding to USD 27 million. Furthermore,...

US-based computer software startup Qonversion raises USD 2 million in seed round

US-based Qonversion, a platform for mobile apps that allows them to increase subscription revenue by using subscription data, raised USD 2 million on 10th December. Investors: The investment round was led by Visionaries Club and Flashpoint VC, and Blinkist founder Holger Seim and S16.vc. A total of USD 2.9 million has been invested so far. Purpose of funding: The startup intends...

Indian tech startup Zorro raises USD 3.2 million in seed funding

India-based Zorro, a pseudonymous social network platform that supposedly guarantees users' privacy by allowing them to post content under a false name, raised USD 3.2 million on 10th December. Investors: 9Unicorn Ventures and 3one4 Capital co-led the investment round. Venture Catalyst, Eximius Ventures, and Roots Ventures also participated. Several angel investors participated as well, including Vijay Shekhar Sharma, Founder and...

Indian logistics startup Shiprocket raises USD 185 million in Series E

India-based Shiprocket, an eCommerce shipping and enablement platform allowing you to choose from over 17 courier partners, print shipping labels, and track orders from one place, raised USD 185 million on 10th December. Investors: The investment round was co-led by Zomato Ltd, Temasek, and Lightrock India. Along with existing investors InfoEdge Ventures and March Capital, two new investors, Moore Strategic...

Singaporean venture capital firm Antler raises USD 28.2 million in the latest round

Singapore-based Antler, a global venture capital firm investing in the leading technology companies with exceptional potential, raised USD 28.2 million (21.4 million Pounds) on 9th December. Investors: Several investors and advisors participated in the round, including Eduardo Saverin's Light VC and the founders of Quantum Black, Monzo, and Comply Advantage. Also participating were senior teams from unbound, Babylon Health, Octopus...

German tech startup Blickfeld raises USD 31 million in the extension of Series A

Germany-based Blickfeld, a tech startup providing LiDAR (Light Detection and Ranging) sensors and software for autonomous vehicles and IoT applications, raised USD 31 million on 8th December 2021. Investors: The investment round was led by New Future Capital (NFC), a private equity investment firm focusing on Asia, North America, and Europe. The round was backed by existing investors, including Bayern...

US-based healthcare startup Suki raises USD 55 million in Series C round

US-based Suki, a leading company providing healthcare voice solutions powered by AI, raised USD 55 million on 7th December. Investors: The round was led by March Capital alongside Philips Ventures provided additional support. Several existing investors include Venrock, Flare Capital, Breyer Capital, and inHealth Ventures, participated in the round. Also participating in the round are leading figures from technology, healthcare,...