South African entertainment startup Sea Monster bags US $1M funding
Cape Town-based animation, gaming and AR/VR startup Sea Monster has raised US$ 1M in a funding round held in July 2020, from FirstRand’s Vumela Fund, managed by leading SME venture fund manager Edge Growth. Launched in 2011, Sea Monster creates engaging, notable digital content and experiences using animation and games that help businesses and social outcomes. Their mission is to help change the...
Moon lander startup ispace raises USD 28M in series B funding led by four Organisations
Tokyo-Japan based private lunar lander startup, ispace, announced on 20th August 2020, that is has raised around USD 28M in series B funding. The round was led by IF SPV 1st Investment Partnership through their Incubate Funds. It includes investment by Space Frontier (a fund whose LPs include Mizuho Bank, Toyota), Mitsui Sumitomo and Takasago Thermal Engineering Co. The startup...
Helsinki based agritech startup iFarm bags €3.3M from Gagarin Capital and others
Helsinki based agritech startup, iFarm which offers innovative solutions to grow fresh green vegetables & berries announced on 20th August, 2020, that it has secured around €3.3 million funding. The investment was led by Gagarin Capital, Impulse VC, IMI. VC, Matrix Capital and various other angels. Gagarin Capital has previously invested in the project of iFarm. The company claims to invest...
Health Insurance startup Sehteq bags USD 20 M funding led by 971 Capital
Dubai based MedTech startup, Sehteq, announced on 17th August, 2020, that it has raised USD 20M commitment to set up a reinsurance vertical. This investment is led by their anchor investor 971 Capital. Saad AlJaibeji, who’s the Senior Partner in 971 Capital, commented, “This investment will upgrade Sehteq in conjunction with its technology and reinsurance verticals to a new and...
Recruitment platform Able Jobs raises US$ 1.8M in seed funding
Bengaluru-based startup Able Jobs has raised US$ 1.8M in a seed funding round held in August 2020, from SAIF Partners, Y Combinator, Neeraj Arora (former-WhatsApp executive), Titan Capital and First Cheque. Proceeds from the round will be used by the startup to enhance product development and increase its headcount. It will also be utilized to build training products for companies...
Yalochat raises US$ 15M from B Capital
Mexico-based AI-driven commercial messaging platform Yalochat has raised US$ 15M in a Series B funding round held in August 2020, led by B Capital Group along with participation from Sierra Ventures. Javier Mata, a Columbia University alumnus who studied engineering and established three other companies beginning in 2013, namely Ceute Ventures, Chamba and Rentudo Inc., founded Yalochat in 2015. Yalochat offers...
Mumbai based Lead School raises US$ 28M in Series C round
Mumbai-based edtech startup Lead School has raised US$ 28M in series C fund led by WestBridge Capital. Its participants included existing investor Elevar Equity, which had infused US$ 8M in Series A, B round of the company. The funds raised will be used to target and onboard more schools from Tier 2 cities and beyond. Lead School is looking forward...
Seoul based startup Superbin raises US$ 16.8M in series B funding
Seoul based plastic recycling startup Superbin raised US$ 16.8M in a series B funding last week. The startup develops solutions for recycling plastic debris. The participants of the funding round include portal giant Naver-backed investment firm TBT, set-top box maker Humax —both of which already took part in the previous investment rounds, local asset management firm Fine Investment and Sea-a-Global...
Egypt B2B E-commerce platform Fatura raises 7-digit funding
Egypt based B2B E-commerce platform, Fatura announced on 13th August, 2020, that it has secured a 7-digit US dollar seed funding to help scale it. The round was led by Disruptech which is Egypt's first fintech focused Venture Capital Fund. Other participants include Cairo Angels and EFG EV. The start-up bridges the gap between retailers and FMCG wholesalers and provide...
Seated bags US$ 30M, acquires VenueBook to augment restaurant events business
New York-based restaurant booking startup Seated has bagged funding of US$ 30M in August 2020 in a combined Series A and B funding round, led by Insight Partners and Craft Ventures along with participation from Greycroft (Bo Peabody, Seated’s Co-founder and Executive Chairman is a venture partner here) and Rho Capital Partners. With the funding announcement, it has also...
