British biotech Freeline raises €106 million for its curative liver gene therapies

Freeline

Freeline, a UK based biotechnology startup focused on developing curative gene therapies for chronic systemic diseases, has announced on 6th July, 2020, that it has secured around €106 million extended Series C funding. The latest round includes a fresh funding of around €70.8 million led by Eventide Asset Management and Wellington Management Company, Novo Holdings A/S, with additional participation from...

Marketing Tools for early stage startups

No matter how tough times get, your business can't make it good without marketing to acquire clients or customers. But great marketing doesn't come free, or does it? With uncertain future and tight budgets, startups can’t afford to waste money on ineffective tactics thus unpaid marketing is the only option left. Free marketing solutions not only provide financial relief but...

European electric-bike maker Cowboy bags €23M funding

European electric-bike maker Cowboy bags €23M funding

Brussels-based Cowboy has raised a €23M Series B funding round from Exor Seeds, HCVC, Isomer Capital, Future Positive Capital and Index Ventures in July 2020. Capital raised will be used to hire more than 30 people in the next six months, expand its network of test rides and increase production operations with Flex. Flextronics is an American-Singaporean supply chain solutions company that provides...

Lithuania-based Ondato attracts €450K for its KYC solutions

Ondato

Lithuanian-based startup Ondato, has closed a pre-seed round and attracted €450K from Startup Wise Guys accelerator fund on 5th June, 2020. The company offers know-your-customer (KYC) solutions. Established in 2016, Ondato is developing compliance solutions and remote KYC, which help identify both legal entities and private individuals, review data registers and fully authenticate the client in line with the highest reliability...

Oyo partners with Unilever to offer hygienic stays

Oyo partners with Unilever to offer hygienic stays

OYO Hotels & Homes has collaborated with Unilever (global consumer goods company) in July 2020, to promote OYO’s “Sanitized Stays” initiative. Unilever will aid OYO by using its home and personal hygiene brands in the cleaning and disinfecting of OYO properties. About the alliance On 19th March 2020, OYO rooms announced the unveiling of its new service “Sanitised Stays” to provide a...

Mednow.ca raises CAD 6.5M to connect Canadians with pharmacies virtually

Mednow.ca raises CAD 6.5M to connect Canadians with pharmacies virtually

Toronto-based Mednow.ca, an online pharmacy tech startup has raised CAD $6.5M in a seed funding round in July 2020. Gravitas Securities led the funding round with other investors who are a part of Gravitas’ network also joining in (their identities were not disclosed). This is Mednow.ca’s first round of external fundraising. The contribution in the seed round was a lot more...

Financing Decision: Debt or Equity?

Decisions, decisions. Running a company must involve taking thousands of decisions a day as you can imagine. The decisions that have to be taken with respect to the capital are known as Financing Decision.  Taking financial decision is a critical process. Choosing the best source by minimizing the risk and maximizing the ROI is very crucial for a company. Business...

Indian model of TikTok, Chingari nabs seed round from AngelList

Indian model of TikTok, Chingari nabs seed round from AngelList

Domestic short video platform Chingari has secured approximately US$ 1M in seed funding in July 2020 from AngelList, a US-based online stage for startups, angel investors and job-aspirants looking to work in startups. Various sources reported that Chingari was also negotiating with venture capital firm Tiger Global for this round, but the deal flamed out. About the Indian startup Chingari is a...

French retail tech company Alkemics seals €21 million Series C

Alkemics Team

Paris-based, Alkemics, a platform which connects large and small suppliers with global retailers, has secured €21 million Series C round on 11th July, 2020. Backers include Highland Europe, Serena Capital, SEB Alliance, Index Ventures and Cathay Innovation. The startup will deploy the new funding to expand its reach in other European markets, beginning with Germany, Benelux and Scandinavia. Alkemics previously...

Valencia-based QUIBIM secures €8 million to detect COVID-19 and other diseases

QUIBIM Team

Spanish medtech company QUIBIM has closed €8 million in new seed round co-led by Amadeus Capital Partners and Adara Ventures. Other participants are-Crista Galli Ventures, Apex Ventures, Partech Ventures and existing shareholders, including Tech Transfer UPV, managed by Clave Capital and Juan Roig.   Partner at Adara Ventures, Rocio Pillado said “QUIBIM’s rapid adoption is an indicator of how innovative doctors and researchers...