Iraq-based Tabib Baghdad completes seed funding round led by KAPITA and Nass Al Iraq
Tabib Baghdad, an Iraq-based online platform that connects Iraqi Patients to Doctors has raised a seed funding round of six figures in November 2020, through the newly launched Iraqi Angel Investors Network, led by KAPITA and Nass Al Iraq. Also, the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH with its project “ICT for Youth in Iraq” added a grant of...
Alt-meat startup SavorEat secures over $12 million at $51 million valuation in very first Tel Aviv foodtech IPO
In the first-ever food-tech Initial Public Offering (IPO) on the Tel Aviv Stock Exchange (TASE), SavorEat (TASE: SVRT) has raised NIS 42.6 million (about US$ 13 million) in November 2020, led by Psagot Provident Funds, attracted leading Israeli institutional investors like Mor Gemel and Meitav Dash. The company's valuation for the offering was NIS 170 million (about US$ 51.2 million)....
Rocket Engine Manufacturer Firehawk Aerospace Raises US$2 M
Firehawk Aerospace, a fast-growing rocket propulsion startup, raised US$ 2 million in its seed funding round for Next-Generation Rocket Engines, on 24 November 2020. The funding round was led by members of the Victorum Capital Club including additional investments from Achieve Capital and Harlow Capital Management. The funds raised will be utilized to test Firehawk’s engine at an operational scale, grow...
Startup Failure Series Case Study: Part 4
Software is King! Consumers and businesses alike are increasingly demanding smarter, feature-rich and connected devices. Manufacturers are integrating software as a key driver of competitive advantage into their products. In the 4th part of the Startup Failure Series we look at the company – Atrium Legal Technology Services Inc., founded in 2017 by Justin Kan, Augie Rakow, Bebe Chueh...
Nodalview captures €4.1 million Series A funding
A Belgium based startup, Nodalview that helps real estate agents in shooting HD and supreme quality pictures of properties has secured €4.1 million funding in a Series A round on 26th November 2020. This round was led by the early stage venture capital PROfounders Capital and included participation from its existing investor Volta Ventures and new investor K Fund. Volta...
Localz announces £2 million investment from Triple Point
Localz, an organization based in Melbourne (Australia) and London (UK) that provides customer engagement solutions for click and collect field service & delivery announced securing £2 million investment in a round led by Triple Point on 25th November 2020. The company is planning to use the funding for the development of their portfolio product which will support new safety procedures...
RevLifter secures £3.3 million Series A funding
A London based startup, RevLifter that helps companies for executive e-commerce deals has secured £3.3 million funding from Maven Capital Partners and Gresham House Ventures on 25th November 2020. This Series A round will support the present growth as the company is already doing well with around 200 % year-on-year growth in 2020. Mainly focused on the United States presently,...
DefenseStorm raises US$ 12 million funding with US$ 7 million growth financing
Alpharetta, GA (Georgia) based Cybersecurity Company, DefenseStorm has raised US$ 12 million series B funding and US$ 7 million financing on 24 November 2020. The round was led by Fintech Georgian and included participation from TTV Capital. The US$ 7 million growth capital financing was provided by CIBC Innovation Banking. The network security company intends to use the funding for...
Spanish startup Katoo nets €3 million in funding
Spain-based foodtech startup Katoo has secured €3 million in a funding round held in November 2020 from investors namely Flash Ventures, Otium Capital and Marcos Alves Cardoso (co-founder and CEO at ElTenedor). Proceeds from the funding round will be used by the startup to maintain its leadership position in the countries of Italy, Spain and Portugal. It also intends to...
HR tech startup Pulsifi raises US$ 1.8M in angel round
Singapore and Malaysia-based HR tech startup Pulsifi has raised US$ 1.8M in an angel round held in November 2020. Contributors in the funding round include Kairous Capital, Aaron Chen( founder of KVC group of companies) and Rajesh Lingappa (co-founder & former CTO of RedMart). The latest round brings Pulsifi’s total funding raised to-date to US$ 4M. Proceeds from the funding round...
