SQL Database Company Materialize Raises US$ 40M
US-based startup Materialize, the first streaming SQL database company, raised US$ 40 million in funding on 30 November 2020. The funding round was led by Bucky Moore of Kleiner Perkins. Other participants In the round include Lightspeed Venture Partners, executives from Cockroach Labs, Datadog and Rubrik. In 2019, Ravi Mhatre has led a Series A investment in the company of...
Immersive VR Training Platform Mursion Raises Series B
Mursion, a US-based player in immersive virtual reality training for emotional intelligence in the workplace, raised US$ 20 million Series B financing on 30 November 2020. The funding round was led by Leeds Illuminate. 2020 has been a great year for Mursion, with highlights such as inclusion in Fast Company’s “World’s Most Innovative Companies 2020,” a multi-phased roll-out of intricate...
Olive secures US$ 225.5 million funding at US$ 1.5 billion valuation
Columbus based provider of Artificial Intelligence based workforce platform for healthcare systems, Olive closed US$ 225.5 million financing on 1st December 2020. This funding round brings the company’s total valuation to US$ 1.5 billion. The funding round was led by Tiger Global, Silicon Valley Bank, and General Catalyst. A few of new investors GV, Dragoneer Investment Group, Transformation Capital Partners...
Understanding taxation for startups in US
While starting a new company, people have a whole list of things to take care of. Starting from deciding the budget, market, customer base, investors, products - there is a lot more to plan for. One of the last things that people think about in this is how much of the total profit earned will be owed to the...
Proscia Secures $23M for AI-Enabled Digital Pathology Solutions
Proscia, a Philadelphia-based AI-enabled pathology startup has raised US$ 23 million in Series B funding led by Scale Venture Partners, with participation from Hitachi Ventures, the strategic corporate venture capital arm of Hitachi, Ltd held in November 2020. This round has brought the total funding to US$ 35 million. The startup will use the funding to extend its AI application...
Tallac raises $62M in Series A to advance novel cancer immunotherapies
Tallac Therapeutics, Inc., a San Francisco-based privately-held biopharmaceutical company harnessing the potential of innate and adaptive immunity to fight cancer, announced on 1st December 2020, the completion of its Series A financing adding to US$ 62 million. The company is supported by a board of leading global life science venture firms including venBio Partners, Morningside Venture, Lightstone Ventures, Matrix...
Fintech startup Primer raises €15.5 Million in Series A funding
UK-based fintech startup Primer has raised €15.5 Million in a Series A funding round held in November 2020, led by Accel. Other participants in the funding round include Balderton, SpeedInvest and Seedcamp and RTP Global. Following the investment, Sonali De Rycker, who is a partner at Accel, will be joining Primer’s board of directors. The latest round brings Primer’s total...
Bengaluru based Employee Engagement startup Let’s Dive Raises Funds
Bengaluru-based Let’s Dive, a platform for remote employee engagement and building team culture, has raised US$ 1.7 million in funding on 29 November 2020. The funding round was led by Sequoia Capital India’s Surge. Others who participated in the round include Village Global and angel investors like Ravish Naresh, founder of Khatabook and Sai Srinivas, co-founder of Mobile Premier League...
Berlin based Bitwala secures €15 million funding
Berlin based Fintech platform, Bitwala announced closing a €15 million funding on 30th November 2020. This round was led by the venture capital investor Earlybird and included participation from Global Brain and Coparion and some other investors. The crypto services platform closed their €13 million Series A round last year. Besides the fresh funding received this year, Bitwala also received...
Endomag secures £15 million Series D funding
A London based breast cancer market leader, Endomag which is among one the rapidly growing technology enterprises announced on 30th November 2020 that it raised £15 million or 20 million funding in a Series D round. The round was led by Draper Esprit, the lead investor in the previous US$ 10.5 million Series C round of Endomag in 2018 and...
