Santa Barbara-based Apeel Sciences secures USD 250 Million in series E
18.August.2021 - Santa Barbara-based Apeel Science announced that it raised USD 250 Million in a Series E funding round. The valuation of the company surges to USD 2 Billion after this round. This funding round was led by existing investor, Temasek and was participated by some new investors and existing ones like, Mirae Asset Global Investment, Viking Global Investors, GIC,...
Indian Wellness startup Ultrahuman raises US$ 17.5 million in Series B funding
Based in Bangalore, Karnataka, fitness and wellness startup Ultrahuman has received a fundraise of US$ 17.5 million in a Series B funding round held on August 16 2021, soaring the company’s current valuation to a total of US$ 25.1 million. The funding bout included Alpha Wave Incubation (AWI), Steadview Capital, Utsav Somani’s iSeed fund and existing financial backers of the...
Pakistani D2C platform Airlift Technologies soars to US$ 110 million after raising US$ 85 million in Series B funding
Airlift Technologies Inc. is an online delivery platform based in Lahore, Punjab. The startup has secured a fundraise of US$ 85 million on August 18 2021, co-led by notable angel investors Josh Buckley Buckley Ventures and Harry Stebbings from 20VC. Former president of Y Combinator, Sam Altman; co-founder of Twitter and Medium, Biz Stone; co-chairman of Bain Capital, Steve Pagliuca;...
Gaming platform Zupee secures US$ 30M in Series B funding
Zupee, an India-based gaming startup focusing on releasing online skill-driven games to provide learning and develop skills, has bagged US$ 30 million in a Series B funding round co-led by WestCap and Tomales Bay Capital on 17 August 2021. Investors: The latest investment round featured Tomales Bay Capital and WestCap as the lead investors with participation from Matrix Partners India and...
Africa-based Pngme secures USD 15 Million in a Series A round
17.August.2021 - Africa-based and San-Francisco-based Pngme, a fintech startup, announced that it raised USD 15 Million in a Series A funding round. This round was led by Octopus Ventures. The participants in this round were Lateral Capital, Raptor Group, EchoVC, Two Small Fish Ventures, Future Africa, and Unshackled Ventures. Pngme also saw the participation of angel investors like RB Capital,...
Indian D2C startup Rage Coffee has raised US$5 million in Series A funding
Rage Coffee is a brand that manufactures coffee infused with plant-based vitamins. The Delhi-based startup has secured a fundraise of US$ 5 million growth capital as part of its Series A round held on August 17 2021. Sixth Sense Ventures led the financing round. Rage Coffee products are retailed through their own website to all online platforms and have a...
Vienna-based Fintech Unicorn Bitpanda bags US$ 263 million in Series C funding
Bitpanda, a digital assets platform based in Austria that facilitates the buying and selling of cryptocurrencies, has raised US$ 263 million in Series C funding round on August 17 2021. The financing bout was led by the three-time backer of the company, Valar Ventures, a venture capital firm co-founded by U.S. tech billionaire Peter Thiel. Other investors who partook...
Edtech startup Kalam Labs secures US$ 450K in Pre-Seed funding
Indian startup Kalam Labs, a live game streaming interface concentrating on K-12 learning with a multiplayer feature, has bagged US$ 450K in a pre-Seed investment round on 13 August 2021. Investors: The latest round was the first investment round declared by the startup since its inception and involved participation from Y Combinator and Lightspeed Venture Partners. Purpose of the funding: The startup intends...
Plastic – wonder “material” or biggest “pollutant”?
Wonder Material Plastics Plastics when it was discovered in the 1950’s have been named as a wonder material, but of late has developed a perception of being the biggest pollutant on earth. Its attributes are so versatile that the word has become ubiquitous enough to become a verb in itself. While wood and metals have a much longer history, plastics that...
Rapido secures USD 52 Million in a Series C funding round
16.August.2021 - Bengaluru-based Rapido, a Bike Taxi platform, announced that it raised USD 52 Million in a Series C funding round. This funding round was led by Positive Moves Consulting, Shell Ventures and some of the angel investors like Amarjit Singh Batra (CEO, Spotify India), Kunal Shah (Founder, CRED). Existing Investors of the startup also participated in this round, the...
