UK-based fintech Allica Bank raises USD 146.7 million in series B
UK-based Allica Bank, a fintech startup providing professional services, enhanced financial tools and expert banking to small and medium-sized businesses, raised USD 146.7 million on 24th November 2021. Investors: The investment round was led by Atalaya Capital Management alongside existing lead investor Warwick Capital Partners. Purpose of funding: Using the funds, the startup plans to further invest in Allica's proprietary Technology...
UK-based financial services startup Vauban raises USD 6.3 million in a pre-series A round
UK-based Vauban, a platform that helps venture capital fund managers and angel investors raise capital and invest quickly, raised USD 6.3 million on 25th November. Investors: The investment round was led by Pentech, Outward VC, 7percent Ventures and MJ Hudson. Furthermore, high profile investors included Nested CEO Matthew Robinson; Grabayo founder Will Neale; ComplyAdvantage founder Charles Delingpole; Augmentum Fintech Partner...
German logistics startup Everstox raises 20 million euros in series A round
Germany-based Everstox, a platform to enable scalable warehousing and data-driven fulfilment for logistics service providers, raised 20 million euros on 25th November. Investors: The round was led by Acton Capital and included existing investors Capnamic Ventures, GFC, and Flash. Purpose of funding: The startup plans to double its global operative network with the funds and increase its employee base to 150...
Israeli cybersecurity startup Zenity raises USD 5 million in seed round
Israel-based Zenity, developer of cybersecurity platforms for low-code and no-code applications, raised USD 5 million on 23rd November. Investors: This investment round was led by Vertex Ventures and UpWest, and backed by significant executives such as Gerhard Eschelbeck, former CIO of Google, and Tom Fisher, former CIO of SuccessFactors. Purpose of funding: The startup plans to expand research and development, product...
US-based cloud governance startup Corestack raises USD 30 million in series B round
US-based Corestack, a SaaS solution provider with AI-based multi-cloud governance, raised USD 30 million on 24th November. Investors: Avatar Growth Capital led the investment round alongside Dallas Venture Capital (DVC), Iron Pillar, and other angel investors. As of now, the total funding has exceeded USD 45 million. Purpose of funding: This funding will help the company maintain rapid growth and innovation...
Indian real estate startup Settl raises USD 500 K in seed round
India-based Settl, an online accommodation platform that offers millennials an excellent living experience, raised 500K on 24th November. Investors: The investment round was led by We Founder Circle, ah! Ventures alongside several angel investors include Saurabh Jha (Director- Growth and Analytics, Housing.com), Ashu Dubey (Principal Product Manager, Linkedin), Mahesh Pillai, Senior Vice President, Pierian Services Private Limited and Abdul Paravengal...
Indian Industrial Automation startup Haber raises USD 20 million in series B round
India-based Haber, a startup specializing in AI-driven industrial robots with low energy footprints, raised USD 20 million on 23rd November. Investors: The investment round led by Ascent Capital was joined by Accel, Elevation Capital, Beenext, Temasek partner Mukul Chawla and GreyOrange founders Samay Kohli and Akash Gupta. As of today, the startup has raised USD 27 million. Purpose of funding: The...
Israeli IoT startup Shield-IoT raises USD 7.4 million in series A round
Israel-based startup Shield-IoT, an IoT cyber security and software solutions provider specializing in securing IoT devices, applications, and networks, raised USD 7.4 million on 22nd November. Investors: NextLeap Ventures and Bloc Ventures led the investment round, alongside Akamai Technologies, Springtide Ventures, DIVEdigital, and Janvest Capital Partners. As of now, the startup has raised over USD 11 million. Purpose of funding: The...
Finnish logistics startup OGOship raises 4 million euros in pre-series A round
Finland-based OGOship, an online logistics and warehousing startup offering warehouses and logistics solutions to e-commerce businesses, raised 4 million euros on 22nd November. Investors: A group of investors, including Flashpoint Venture Capital, Innovestor Ventures, and Maki.vc participated in the round. Currently, 6.3 million euros have been raised by the startup. Purpose of funding: The startup is preparing funds for international expansion....
Indian coffee startup Sleepy Owl Coffee raises USD 6.5 million in series A round
India-based Sleepy Owl Coffee, a D2C coffee brand that conveniently offers excellent coffee, raised USD 6.5 million on 22nd November. Investors: The investment round was led by existing investors Rukam Capital and DSG Consumer Partners. Purpose of funding: As part of the new capital, the company will enhance its core team. It will include adding new hirings in product and tech...
