Cybersecurity platform Elisity raises USD 26 Million
California-based Elisity, a cybersecurity platform, announced that it raised USD 26 Million in a Series A funding round. This funding round was co-led by AllegisCyber Capital and Two Bear Capital. This round also saw the participation of previous investors, Atlantic Bridge and Panaseer. The CEO of the company stated that the capital raised will be used to scale the footprint...
Estate settlement platform ClearEstate raises seed funding to launch in the USA
Canada-based ClearEstate, a digital-first estate settlement platform for North American executors that provides helpful and caring guidance by acting as a one-stop-shop for all estate-related services, raised 2.5 million Canadian Dollars in Seed funding on 16 June 2021. It also announced its launch into the US in partnership with California-based funeral home operator Anthem Partners.Investors: Torstar Corporation, Triangle Capital...
Slingshot 2021 calls startups to participate in its Deeptech startup pitching competition
Slingshot (Powered by Startup SG, held at SWITCH) is one of Asia’s most exciting deep tech pitching competitions held in Singapore - one of the world’s top innovation nodes. Slingshot 2021 opened its applications on 30 April and they will be open till 1 August. The startups will compete for over S$1.1M (US$800,000) in attractive prizes. Prizes – 1. Grand winner...
Israeli Agtech startup SupPlant raises US$ 10M
Israeli start-up SupPlant, leading precision agriculture hardware-software solution that aims to help farmers cope with climate change, has secured US$ 10 million in its recent funding round. Investors: The funding round was co-led by Boresight Capital, Menomadin Foundation, Smart-Agro Fund, and Mivtah Shamir. The investment brought SupPlants' total funding since the company was founded in 2012 to over $19 million. Purpose...
Singaporean online automotive platform Carro bags US$ 360M in series C
Carro, a Southeast Asian online automotive platform headquartered in Singapore, has successfully raised US$ 360 million in its Series C funding round, becoming the region's new unicorn. Investors: The funding round was led by SoftBank Vision Fund 2 along with several prominent Indonesian based funds, including EV Growth. In the past, Carro has raised more than US$ 400 million in equity...
Brazilian start-up Buser raises US$ 138M
The bus start-up Buser, which operates an intercity bus transportation app in Brazil, raised US$ 138 million in a capital round on 10 June 2021. Investors: The round announced by the company was led by LGT's Lightrock Fund and also incorporated involvement from Softbank, Monashees, Valor Capital Group, Globo Ventures and Canary, all past investors in Buser, including Iporanga Ventures. Purpose...
US-based Robotic landscaping startup Scythe Robotics rises from stealth with US $13.8M funding
Scythe Robotics, a US-based robotic landscaping startup, secured a sum of US $13.8 million in a Series A funding round announced on June 15, 2021. Leading the round is Inspired capital with participation from True Ventures, Zigg Capital, and Lemnos. Scythe Robotics also disclosed raising a sum of US $4 million seed investment led by True Ventures, bringing the total funding amount of...
Everything you need to know about GoAir’s IPO
Last month, GoAir- the budget airline controlled by the Wadia group, filed for an IPO with the intention to raise Rs 3,600 crore (~ US$ 492 million). But, with the entire airline industry in the doldrums due to the pandemic combined with the effect of rising oil prices, will the IPO of the country’s fourth-largest airline garner enough attention?
nSure.ai winds up its seed round with USD 6.8 Million
Israel-based nSure.ai, an Artificial Intelligence protection company, announced that it raised USD 6.8 Million in a seed funding round. The round was led by DistruptiveAI, Moneta Seeds, Phoenix Insurance, Kamet, and some private investors. The fundraised amount will be used to develop nSure’s predictive AI and algorithms for machine learning that have to check for digital fraud detection, reducing the...
US-based startup Hello Alice raises Series B funding to serve small business owners
US-based Hello Alice, a machine learning platform that connects small business owners to capital, networks and business services raised US$ 21 million in a Series B funding round on 13 June 2021.Investors: The Series B round was led by QED Investors with participation from new investors including Backstage Capital, Green Book Ventures, Harbert Growth Partners and How Women Invest....
