California-based Hello Divorce raises USD 2 Million in a Seed round

29.July.21 - California-based Online Divorce startup, Hello Divorce developed a platform for making the divorce process more affordable and quicker, announced that it raised USD 2 Million in a Seed funding round.  This funding round was led by CEAS, with the participation of Northwestern Mutual Future Ventures, Lightbank, Gaingels including some individuals like CEO of Jack Newton, Clio; Lisa Stone...

London-based fintech startup Darwinex raises US$ 3.5 Million in Growth Funding

Headquartered in London, UK, IT/ Financial services platform Darwinex has secured a fundraise of US$ 3.5 million on July 29, 2021, from leading investors Stefan Jaecklin and its previous financial backer, Pinorena Capital, accompanied by Darwinex co-founders and some key employees.   Company's Profile Founded in 2012 by Javier Colón, Juan Colón and Miguel Angel González and controlled by the Financial Conduct...

Indian skincare brand Minimalist rakes in US$ 15 million in Series A funding

Located in Rajasthan, India, skincare and beauty brand Minimalist has recently closed a fundraise of US$ 15 million in Series A funding round led by Sequoia Capital India and UK-based Unilever Ventures. The financing round also saw the participation of multiple international investors. With the latest venture secured on July 29 2021, the startup holds a total valuation of...

Global venture capital firm Antler begins operations in Canada

The global early-stage venture capital firm Antler launched in Canada on 29 June 2021. Antler’s Canadian headquarters in Toronto is headed by Naman Budhdeo, the Founder of Flight Network and TripStack.  About the Launch The Canadian office seeks to finance a minimum of 100 corporations over four years, planning to release the first Canadian cohort in early 2022. The cohort would...

China-based Biotech startup Bota Bio bags $100 million in Series B funding

Headquartered in Zhejiang, China and Lafayette, California, Biotechnology startup Bota Bio raises UD$ 100 million in Series B funding round held today, July 29 2021. Sequoia Capital China led the venture round with existing sponsors Matrix Partners China, Sherpa Healthcare Partners, Source Code Capital and 5Y Capital, said the company in its press release. The latest round led...

Berlin-based SaaS startup Contentful raises US$ 175 million in Series F with the valuation of over US$ 3 billion

SaaS and cloud computing startup Contentful announced in its press release today, on 28 July 2021, that the company has received a fundraiser of US$175 million led by Tiger Global. This Series F financing brings Contenful's total funding to US$ 3 billion to date. The participation of other investors included Base10 Advancement Initiative and Tidemark and Contenful's previous backers.  About Contentful Co-founded...

Culture amp becomes a Unicorn after raising USD 100 Million in a Series F round

29.July.2021 - Australian Human resource SaaS startup Culture amp, announced that it raised USD 100 Million in Series F round. The company reached a valuation of USD 1.5 Billion listing itself as a Unicorn.  This funding round was led by TDM Growth and Sequoia Capital, with the participation of investors like Index Ventures, Sapphire Ventures, Skip Capital, Global Founders Capital,...

Singapore-based blockchain transaction platform Biconomy raises US$ 9M

Biconomy

Singapore-based blockchain transaction platform Biconomy, which builds transaction infrastructure for next-generation Web 3 applications, raised US$ 9 M in a funding round on 28 July 2021. Investors: The funding round was led by DACM and Mechanism Capital, with participation from Coinbase, Bain Capital, Coinfund, NFX, True Ventures, Proof Group, Ledgerprime, Primitive Ventures, Genblock, Rarestone Capital, Huobi Innovation Labs and Capital...

German product-as-a-service company Grover raises US$ 1 billion

Grover

Germany-based Grover,  a company that enables people to subscribe to tech products monthly instead of buying them, raised over US$ 1 billion (around €847 million) on 28 July 2021. Investment: The funding round consists of a US$ 1 billion asset-backed facility from London-based Fasanara Capital, and an extension of its Series B funding round from around €60 million to €84.5...

Most notable D2C brands in India

In the last few years, the D2C brands in the Indian Ecosystem have come forward as a good revenue generator. Usually, the retail business was initiated by distributors, however, the advancement in the internet has led companies to direct contact with the consumers.  Previous years have witnessed more than 800 companies going online and establishing themselves as a D2C brand...