Maple raises 75M CAD in funding
Maple Toronto-based telemedicine startup Maple has raised 75M CAD from Shoppers Drug Mart, a subsidiary of Loblaw Companies Limited. Maple and Shoppers Drug Mart will be working together in the approaching months to start new programs to enhance in-person and virtual healthcare. Proceeds from the funding round will be used to expand the startup’s network, team, and a range of technologies for hospitals,...
New York based Fintech startup Finch raises US$ 1.8M
New York’s fintech startup Finch has raised US$ 1.8M in its seed funding round on 15 September 2020 to launch its platform. The seed funding round was led by Boston based Mendoza Ventures. Other participants in the round include Barclays, Techstars Investors and Draper Frontier. The funding will be used to launch the platform and help people transform how they save...
Financial waste Startups could consider avoiding!
Starting a business is an exciting time. But the reality is, one in five startups fail after only one year. One of the biggest reasons? Lack of funds. Even if entrepreneurs get traction quickly, the first year in business isn’t cheap. There are employees to manage, tools to buy and investments to make. Even in perfect conditions, funds tend to...
Swedish Fintech firm Klarna raises US$ 650M
Stockholm based fintech company Klarna has raised US$ 650M in a mega-round of funding on 15 September 2020. This has raised Klarna’s valuation to US$ 10.65M making it the highest-valued private fintech company in Europe. The funding round was led by Silver Lake. Other participants included GIC (Singapore’s sovereign wealth fund), Merian Chrysalis, TCV, Northzone and Bonnier, BlackRock and HMI...
San Francisco based Courier raises USD 10.1M
San Francisco, California based start-up, Courier, which is a code-free twist API platform announced on 14th September 2020, that it has secured USD 10.1 million in Series A funding round led by Bessemer Venture Partners. Other participants include Matrix Partners, Twilio and Slack Fund. Earlier, the start-up has secured USD 2.3 million seed round from Matrix Partners, with the participation of...
The Moms Co raises US$ 8M in Series B funding
The Moms Co New Delhi-based mom and infant care products startup The Moms Co has raised US$ 8M in a Series B funding round held in September 2020 from investors such as Saama Capital, DSG Consumer Partners, Brand guru Shripad Nadkarni and Ashutosh Valani and Priyank Shah (founders of Beardo). The latest round brings the startup’s funding to a total of...
Top 10 Space Technology startups across the world
National Space Organizations like NASA, DLR, CNES, ISRO that have traditionally developed spacecraft, satellites, space stations, support infrastructure, equipment, and space warfare, etc. have been receiving company in the form space technology startups that do these on a contractual basis with capitalist goals. Space technology has highly benefited communications, positioning services, Earth observation, and economic activities associated with government-funded space programs....
Atlanta based on-demand storage startup MyPorter secures US$ 2.2M
MyPorter Atlanta based MyPorter announced that it has secured an investment of US$ 2.2M on 14 September 2020. The investment was led by angel investors and CEOs including Wes Matelich (CEO of Rx Green Technologies) and Ken Haines (CEO of Atlanta-based The Wrench Group), who have expertise in essential services, real estate, technology and finance. The funds will be used to drive...
US based biopharmaceutical company Attralus raises US$ 25M Series A funding
San Francisco based Attralus has raised US$ 25M in its Series A funding round on 14 September 2020. Attralus is a biopharmaceutical company focused on creating transformative medicines to improve the lives of patients. The Series A funding round was led by venBio Partners. The funding will enable Attralus to further validate their pan-amyloid imaging agent, AT-01, and advance two...
Kim An bags Series A funding
Vietnam-based fintech startup Kim An has raised an undisclosed amount of funding in a Series A round held in September 2020, from Patamar Capital, Viet Capital Ventures and East Ventures. Proceeds from the funding round will be used to develop the startup’s core technology, enhance its credit scoring platform and facilitate better connections between financial establishments and customers in Vietnam. The...
