Thirty Madison raises US$ 47M in funding 

Thirty Madison raises US$ 47M in funding

New York-based healthcare startup Thirty Madison has raised US$ 47M in a new funding round held in August 2020, led by Polaris Partners and existing investors Maveron and Northzone. Johnson & Johnson Innovation- JJDC, Inc. also joined the funding round as a new investor. Thirty Madison has raised a total of US$ 70M to date. Amy Schulman, a partner with Polaris...

US based Impossible Food secures another USD 200M 

impossible-foods

Redwood City, California, US based startup, Impossible Food announced on 14th August, 2020 that it has bagged a funding of USD 200M from technology sector hedge fund Coatue. The start-up claims to deploy the new investment to fuel its research & development, increase its retail presence in the international market, commercialize new products like Impossible Pork, steak, milk etc. and...

SaaS platform Anchanto raises USD 12.1M in series C round 

Anchanto

Singapore based SaaS (Software as a Service) startup, Anchanto, which is specialized in eCommerce announced on 14th August 2020, that it has raised USD 12.1M in series C funding. The participants of the funding round include a joint venture between state run Swiss Post and French national post La Poste, Telkon Indonesia's corporate venture arm MDI Ventures and Asendia. As...

FinTech startup Clik bags US$ 3.7M in seed funding

FinTech startup Clik bags US$ 3.7M in seed funding

Cambodia-based FinTech startup Clik has bagged US$ 3.7M in a seed funding round held in August 2020, led by Openway and Poems Pte Ltd. along with numerous angel investors, a third of which are based in Cambodia. Capital raised will be used to enhance its product engineering and customer service teams as it advances towards its official launch in Cambodia...

Canada’s Atomwise secures 163M CAD in Series B funding

Canada’s Atomwise secures 163M CAD in Series B funding

Canadian MedTech startup Atomwise has secured 163M CAD in a Series B round of funding held in August 2020, led by B Capital Group and Sanabil Investments. Existing investors DCVC, BV, Tencent, Y Combinator, Dolby Family Ventures, and AME Cloud Ventures also took part along with two undisclosed global insurance companies. B Capital Group’s Raj Ganguly is joining Atomwise’s...

Sales augmentation platform DaveAI raises funds from Mumbai Angels Network

DaveAI

India-Bengaluru based AI sales augmentation Platform as a Service (PaaS), DaveAI announced on 13th August, 2020, that it has bagged an undisclosed amount in a pre-series round. The investment was led by Mumbai Angels Network with participation of IIIT Technology Venture Partner, GHV Accelerator and CEO of Crestere Technologies, Mohan Kumar. The company says that the funds will be utilized...

AI based Fintech start-up Eduvanz raises USD 5M from Sequoia Capital

eduvanz

India-Bengaluru based digital non banking start-up, Eduvanz announced on 13th August, 2020, that it has secured USD 5M in series A funding round. The investment was led by Sequoia Capital and existing investor Unitus Ventures. As claimed by the 4-year old company, the investment will be deployed to develop Artificial Intelligence (AI) based risk management and easier collections to help...

SaaS security platform Adaptive Shield raises US$ 4M in seed funding

SaaS security platform Adaptive Shield raises US$ 4M in seed funding

Tel Aviv-based startup Adaptive Shield has raised US$ 4M in a seed funding round held in August 2020, led by Vertex Ventures Israel. The startup provides businesses with an automated solution to protect their SaaS applications by continuously scanning the internal settings to look for security issues. The company’s co-founders Maor Bin and Jony Shlomoff apparently met in the Israeli Defense...

Digital mortgage startup Habito secures £35M in Series C funding

Digital mortgage startup Habito secures £35M in Series C funding

London-based Habito has secured £35M in a Series C funding round held in August 2020, led by Augmentum Fintech, SBI Group and mojo.capital. Previous investors Ribbit Capital, Atomico and Mosaic Ventures also took part in the round. This announcement comes on the same day as Habito becomes B Corp certified, apparently a legal promise of sorts to balance both purpose...

MarketForce selected for Y Combinator Summer batch, raises USD 150K

Market Force

Kenyan retail technology based start-up, MarketForce has been selected for the Y Combinator Summer 2020 batch, raising USD 150K in a funding round on 26th May, 2020. MarketForce is the only Sub-Saharan African company to get selected for the Y Combinator Batch for funding. The company previously has secured USD 350K in a seed funding round in order to help...