US-based startup Deel secures US$ 425M in Series D funding
Deel, a US-based startup offering a compliance and payroll platform for international contractors and employees, has bagged US$ 425 million in a Series D funding round led by Coatue on 18 October 2021. Investors: The latest funding round featured Coatue as the lead investor with participation from Y Combinator, Spark Capital, Neo, Green Bay Ventures, Andreessen Horowitz, Altimeter Capital and...
India based startup Automovill raises an undisclosed amount from Angel Bay
Automovill, an India-based full-stack mobility startup, raised an undisclosed amount from Angel Bay on 18 October 2021. Investors: The round saw participation from Santosh Chandra, CEO at Essar Oil & Gas Exploration and Production, and executives from Google and PWC. The Objectives behind the funding: The company plans to deploy the current proceeds to widen its wings in 20 plus cities...
US-based startup SaaS Labs raises USD 17 million in Series A round
SaaS Labs, a software provider for business process automation, raised USD 17 million in a Series A funding round from Base 10 Partners and Eight Roads Ventures on 18 October 2021. Investors: Base 10 Partners and Eight Roads Ventures contributed to the latest round of funding. The Objectives behind the funding: The company plans to deploy the current proceeds into research...
AcknoLedger raises USD 1.53 million in Initial seed round and private sales
AcknoLedger, a global consortium that maps, monetise and distributes Web3.0 digital assets, raised USD 1.53 million in initial seed round and private sales from more than 30 venture capital investors on 16 October 2021. Investors: Momentum 6, Basics Capital, Krypital Capital, Shima Capital, Magnus Capital, X21, NFT Tech, Mayor Capital, Mahadao, Gain Associates, Oasis Capital, Amesten, Nord finance, Blockventure, AU21,...
Antler raises over USD 300 million and expands investment focus to scale up to Series C
Antler, a Global venture capital firm, has announced on Wednesday, 13th October that it has closed over USD 300 million to date, enabling it an opportunity to provide continued support to its companies in subsequent funding rounds. The primary focus of the VC will remain investing at the pre-seed stage, with the firm now also having the capacity to...
Top 10 Global Drone Delivery Startups
In recent years, drones have become central to the functioning of several businesses and governmental entities and have managed to pierce through the traditional way of doing business in many industries. Drones are rapidly growing in popularity, but their existence dates back to World War I. From quick deliveries to scanning an unreachable military base, drones have performed previously...
India based startup Melorra raises USD 24 million in a fresh funding round
Melorra, an Indian D2C jewellery brand, raised USD 24 million in an unknown funding round led by 9Unicorns and others on 13 October 2021. Investors: 9Unicorns led the latest round of funding with participation from Symphony International Holdings Limited, Venture Catalysts, Param Capital, Value Quest, and family offices. The Objectives behind the funding: The company plans to deploy the current proceeds...
SYNERJET becomes first Wingcopter Authorized Partner in South America
Weiterstadt, Germany / São Paulo- Leading delivery drone manufacturer Wingcopter and SYNERJET Corp on 12 October 2021 announced the signing of a strategic partnership agreement. The agreement will authorize the Latin American company to act as a distributor and local technical support provider for the Wingcopter 198, Wingcopter’s new flagship Unmanned Aircraft System (UAS), to customers in the region. SYNERJET is one of the...
India’s First silk-tech startup raises USD 30 million in Series A round
ReshaMandi, India's first and largest B2B digital ecosystem for silk, raised USD 30 million in a Series A funding round led by global alternative investment manager Creation Investments and other investors on 12 October 2021. This round featured a mix of debt and equity. Investors: Global alternative investment manager Creation Investments led the latest funding round with participation from 9...
Edtech startup Creative Galileo raised USD 2.5 million in Seed round
Creative Galileo, an Edtech startup, raised USD 2.5 million in a Seed funding round led by Kalaari Capital on 12 October 2021. Investors: Kalaari Capital led the latest round of funding with participation from eminent angels such as Jinesh Patel, Harish Bahl, Shashin Shah, Atul Nishar, Ashwin Puri and Giridhar Malpani. The Objectives behind the funding: The company plans to deploy...
