NY-based Employee Engagement Platform Centrical raises US$ 32M
New York-based startup, Centrical, which has developed an employee engagement and performance management platform raised US$ 32 million in funding on 10 March 2021. Investors: The funding round was led by Intel Capital. Other participants included JVP, C4 Ventures, Citi Ventures and existing backers Aleph, CE Ventures, La Maison Compagnie d’Investissment and 2B Angels. Centrical’s total funds raised to date...
Online language learning platform Preply secures US $ 35 million in its Series B round
Preply, a Barcelona and Kyiv based language learning platform, announced on 9th March 2021 that it has raised USD 35 million in its Series B round that was co-led by Owl Ventures and Full in Partners. The raise comes on the heels of an exceptional year for Preply, with the number of active users and tutors, GMV and revenue...
Slovak company nettle.ai secures €1 million in its latest funding round
Nettle.ai, a Slovak startup that seeks to provide intelligent conversational solutions, announced early in March 2021 that it has raised €1 million in its latest funding round. The round witnessed major participation from Crowdberry investors and the VFF investment fund. Investors: Crowdberry is an equity-based crowd-investment platform from Slovakia. It seeks to connect proven and growing startups with private and professional...
High-Stakes: Matrix Partners India
High-stakes is a unique series that focuses on dissecting the investments of venture capital and private equity firms to gain insights about the portfolio of companies they’ve invested in, industries they focus on, and their investment process. In this edition of High-stakes, we’ll be focusing on Matrix Partners India.
Social Music API, Songclip, secures US$ 11M venture investment
A San Francisco-based music platform, Songclip, raised a sum of US $11 million in a venture funding round announced on March 9, 2021. The investment was led by the founder of Evolution VC Partners, Gregg Smith, bringing Songclip’s total funding value up to US $23 million. In participation is The Kraft Group, Raised in Space, Michael Rubin, Gaingels, and Forefront Venture Partners. The...
Financial Planning Software Platform Cube raises US$ 10M
NY-base Cube, a real-time financial planning and analysis software platform, raised US$ 10M in Series A funding round on 9 March 2021. Investors: The Series A funding round was led by Mayfield, with participation from Bonfire Ventures and Operator Collective. Cube's investors include current and former executives from Anaplan, Planful, Carta and Rent the Runway. Purpose of Funding: The funds will...
A New Sports Tech Fund – The Draft aims to capture the Sports Industry
It is estimated that the sports tech sector will reach US$ 31.1 billion by 2024. To support this exponentially growing market, leAD Sports & Health Tech Partners and InStudio Ventures have partnered up to form The Draft, a U.S.-based seed and venture capital Sports tech Fund. The pilot fund will raise US$5 million and will first invest in approximately three...
London based insurtech company Zego raises US $ 150 million in Series C round
Zego, a London based insurtech company, announced early in March 2021 that it has secured US $ 150 million in its Series C round of funding. The round was led by DST global. Investors: DST global is a Hong Kong based investment firm founded in 2009 by Yuri Milner. It has its offices in London, New York, Beijing, Hong Kong...
Mumbai based investment firm Blume Ventures raises INR 350 crore
Blume Ventures, a Mumbai based investment firm, announced early in March 2021 that it has raised Rs. 350 crore for its new secondary fund, Fund 1x, that was launched together with Avendus Capital. Avendus Capital is an investment banking firm founded in 1999 with Gaurav Deepak, Ranu Vohra and Kaushal Aggarwal as its founders. Purpose of the funds: Blume Ventures plans...
BioPhero raises €14.2 million in Series A funding
Lyngby, Denmark-based insect pheromone startup BioPhero announced in March 2021 that it has raised over €14.2 million in a Series A funding round led by DCVC Bio. Other funding round participants include new investor FMC Ventures and existing investors Syngenta Group Ventures and Novo Holdings. The startup is on a mission to substitute many chemical insecticides with sustainable biological insect...
