San Francisco based start-up DataGrail raises USD 30 Million funds

California based start-up DataGrail has secured USD 30 million funds on 10th of March in series B round led by Felicis Ventures.  Investors: The acquisition of USD 30 million took place in the series B funding round led by Felicis Ventures along with the participation from previous investors like Operator collective, Okta Venture and Hubspot Ventures.  What the funding is for:...

Massachusetts based start-up Hi Marley raises USD 25 Million in funds

Boston based organization Hi Marley has secured USD 25 million funds on 11th of March,2021 in series B round led by Emergence Capital.  Investors: The capitalization of USD 25 million funds took place in the series B funding round led by Emergence Capital along with the involvement of previous investors like Underscore VC, Greenspring Associates and True ventures.  What the funding...

New York based company Hugging Face secures USD 40 million in its Series B round

NLP

Hugging Face, an American open-source NLP technology provider, announced on 11th March 2021 that it has raised US $40 million in its Series B round. The round was led by Addition along with eager participation from A.Capital, Lux Capital and Betaworks. Investors:  The lead investor, Addition, is a New York based venture capital firm founded in July 2020 by Lee Fixel. It...

Telehealth platform ixlayer raises US$ 75M in oversubscribed Series A

Telehealth platform ixlayer

US-based diagnostic health testing startup ixlayer, a telehealth platform that allows for payors, providers and government partners to scale testing in weeks, raised US$ 75M in an oversubscribed Series A funding round on 11 March 2021. Investors: The funding round was led by General Catalyst with participation from the lead seed investor Pear VC, Bobby Yazdani, Dara Khosrowshahi, Anne Wojcicki,...

US-based Forward Health raises US$ 225M in Series D

US-based Forward Health raises US$ 225M in Series D

US-based Forward Health, a healthcare system empowering doctors with technology and data to monitor and assist long-term health, raised US$ 225 million in Series D funding on 11 March 2021. Investors: The investors include Founders Fund, Khosla Ventures, Softbank and First Round Capital and angel investors - Eric Schmidt, Marc Benioff, Neil Blumenthal, The Weeknd and Ashton Kutcher among others. Purpose...

Perspective: The changing landscape of the education sector

education

Education is the prime tool of empowerment. It is the machinery that enables children to become productive members of the economy and lead a respectful life.  As such it is important to understand the role education plays in a fast-changing world where it is not just enough to be well educated but requires constant updating. In the past few years,...

Cloud-based SaaS platform, Legl, obtains US $7M Series A funding

An image of a business space and animations in Legl startup

A cloud-based software-as-a-service startup, Legl, just secured a sum amounting to US$ 7M (£5M) in a Series A investment announced on March 12, 2021. Leading the round is Octopus Ventures, with contributions from existing investors Samaipata, BACKED VC, and First Round Capital. The funding round also featured support from angel investors Carlos Gonzalez-Cadenas, Hayden Brown, and Al Giles. Legl is a...

Trufan bags CAD 2.3 million in seed funding

Trufan bags CAD 2.3 million in seed funding

Toronto-based startup Trufan announced in March 2021 that it has raised CAD 2.3 million in a seed funding round led by Moneta Ventures. Other funding round participants include GP Ventures, Protocol Ventures and multiple angel investors, including Curtis Christopherson (Innovative Fitness founder), Derrick Favours (Utah Jazz forward), and Thaddeus Young (Chicago Bulls forward). The startup will use the proceeds from...

Cybersecurity startup Snyk bags US$ 300M in Series E funding

Cybersecurity startup Snyk bags US$ 300M in Series E funding

UK-based cybersecurity startup Snyk announced in March 2021 that it has raised US$ 300M in a Series E funding round led by Accel and Tiger Global. Other funding round participants include Temasek, Addition, Boldstart Ventures, Canaan Partners, Coatue, GV (formerly Google Ventures), Salesforce Ventures, Stripes, BlackRock, Alkeon, Atlassian Ventures, Franklin Templeton, Geodesic Capital and Sands Capital Ventures. The startup will...

Top 10 solar energy startups in India

solar power

The world is rapidly moving towards renewable energy as the pollution levels soar across the globe and the plant’s ecosystem. The Government of India has taken various measures across India to assist the transition to clean and sustain renewable sources of energy.  Here is a list of top 10 solar energy start-ups supporting the country transition to cleaner energy sources:  1-...