Aussie computer software startup Relevance AI raises USD 3 million in the latest round
Australia-based Relevance AI, a vector platform designed to aid data scientists and developers when working with unstructured data, raised USD 3 million on 3rd December. Investors: The investment round was led by Insight Partners with participation from Galileo Ventures and Archangel Ventures. Purpose of funding: The startup plans to use the funds to expand its global customer base and recruit new...
Indian edtech startup CollegeDekho raises USD 35 million in B round
India-based CollegeDekho, an edtech platform that facilitates students' recruitment to colleges and universities across all streams and degrees, raised USD 35 million on 1st December. Investors: The investment round was led by Winter Capital and ETS Strategic Capital, the private equity investments arm of ETS, Calega and existing investor Man Capital. Purpose of funding: The startup plans to make its services...
German UAV startup Wingcopter raises an undisclosed amount in the latest funding
Germany-based Wingcopter, a startup that manufactures aviation-grade drone technology and offers services for various drone deployments, raised an undisclosed amount on 1st December. Investors: The investment round was led by Drone Fund, a Japanese venture capital firm that focuses on startups related to drones and air mobility. Although Wingcopter has not revealed the exact amount of the investment, the investment...
Indian edtech startup Adda247 raises USD 20 million in B round
India-based Adda247, an edtech platform offering professional training courses for senior hires and exam preparation, raised USD 20 million in the B round on 30th November. Investors: The investment round was led by WestBridge Capital. In addition to Info Edge, Asha Impact, and JM Financials, existing investors also participated in this round to hold their stakes until further investment. Purpose of...
Danish tech startup Weld raises 4.6 million in seed round
Denmark-based Weld, an integrated data platform that enables companies to build robust models and metrics and streamline their data workflows, raised USD 4.6 million on 30th November. Investors: The investment round was led by Frontline Ventures and Cherry Ventures, including several angel investors Des Traynor (co-founder of Intercom), David Clarke (former CTO at Workday), Phil Chambers (co-founder of Peakon) and...
UK-based software startup Cerbos raises USD 3.5 million in seed round
UK-based Cerbos, a software startup managing user permission more effectively in tech startups and other companies, raised USD 3.5 million on 30th November. Investors: The investment was led round by Crane, Seedcamp, 8-Bit Capital, Connect Ventures, OSS Capital, Acequia Capital, HelloWorld and Tiny. Additionally, several angel investors include Guillaume Pousaz, Paul Forster, Mike Stoppelman, Jeff Trudeau, Chris Barchak, and Pete...
Indonesian fintech startup GajiGesa raises USD 6.6 million in pre-series A round
Indonesia-based GajiGesa, a management and wellness platform for employees and workers offering financial services, management tools, and counselling, raised USD 6.6 million on 30th November. Investors: The investment round was led by MassMutual Ventures, with several investors include January Capital, Wagestream, Bunda Group, SmileGroup, Oliver Jung, Northstar Group partners including Patrick Walujo, Nipun Mehra (CEO, Ula), and Noah Pepper (Head...
Indian fintech startup Slice raises USD 220 million in series B round
India-based Slice, an innovative, simple, and transparent financial platform based on millennials' credit card payments raised USD 220 million on 29th November. Investors: The investment round was led by Tiger Global and Insight Partners. In addition to the new and existing investors, Flipkart founder Binny Bansal participated with Moore Strategic Ventures, Anfa, Gunosy, 8i, Blume Ventures, and Anfa. Purpose of funding:...
UK-based fintech startup Thought Machine raises USD 200 million in series C round
UK-based Thought Machine, a cloud-based banking technology company empowering the financial industry with digital transformation, raised USD 200 million on 29th November. Investors: Nyca Partners, ING Ventures, JPMorgan Chase, and Standard Chartered Ventures led the round. Several existing investors took part in the round to maintain their stakes, including Lloyds Banking Group, British Patient Capital, Eurazeo, SEB, Molten Ventures, Backed,...
Dutch consumer goods startup Accel Club raises USD 170 million in the latest round
Netherlands-based Accel Club, an online startup that acquires businesses, integrates them into its platform and boosts sales and branding, raised USD 170 million on 25th November 2021. Investors: In the latest round, both equity and debt are being considered. Redseed led the equity round with Flyer One Ventures, while North Wall Capital led the debt round. Purpose of funding: Using these...
