Belgian startup Ampacimon raises €4M in funding 

Belgian startup Ampacimon raises €4M in funding

Belgium-based startup Ampacimon has raised €4M in a new funding round held in August 2020. It was led by Korys and existing investors Gesval, Creos, and Noshaq.  Proceeds from the round will scale up its growth through pioneering projects to develop new monitoring solutions, in particular for distribution networks....

Top 10 Incubators in India 

Top 10 Incubators in India

An Incubator, a term widely used in startup circles, is a company (often non-profit organizations) with the sole purpose of helping new and developing businesses to grow by providing services such as management training, mentoring, funding, office space and more. The startup culture in India has grown rapidly in the last 5...

AI startup DataProphet raises USD 6M in Series A financing round to expand internationally

South Africa based Artificial Intelligence (AI) start-up, DataProphet which provide manufacturers with operations autonomy has announced on 25th August, 2020, that it has bagged USD 6M in series A financing round. The funds will be utilized to expand internationally. The company has previously secured VC funding from Yellow Wood Capital in...

Online escrow platform TradeSafe raises an undisclosed amount of funding from Standard Bank

South Africa headquartered online escrow platform, TradeSafe which safeguards the buyer’s funds in trust in a transaction involving two or more parties has announced on 25th August, 2020, that it has secured an undisclosed amount of investment led by Standard Bank in exchange for 35% equity stake in the company. TradeSafe's...

Customer support automation startup Verloop.io receives USD 5M from AWI

Bengaluru based start-up, Verloop.io which is a customer support automation platform has announced on 25th August, 2020 that it has received USD 5M in Series A financing round. The round was led by Alpha Wave Incubation (AWI), along with existing investors- co-founder of Infosys, Kris Gopalakrishnan and IDFC Parampara. This is AWI’s first investment...

Digital distribution platform OneCode raises an undisclosed amount in seed funding from WaterBridge Ventures

Bengaluru based digital distribution Platform as a Service (PaaS), OneCode annouced on 25th August 2020, that it has received an undisclosed amount in a seed funding round. The round was led by WaterBridge Ventures, which is an early-stage venture capital firm. Other participants of the funding round include Angel investors like Founder of Haptik...

Health-tech startup Castor bags €10.1M

Health-tech startup Castor bags €10.1M

Amsterdam and Hoboken-based health-tech startup Castor has bagged €10.1M in a funding round held in July 2020, led by Two Sigma Ventures with participation from Hambrecht Ducera Growth Ventures and previous investors INKEF Capital.  The startup will use the fresh funding to further invest in empowering patient-centric, data-powered clinical trials.

Supermetrics raises €40M in new funding 

Supermetrics raises €40M in new funding

Finland-based SaaS startup Supermetrics has raised €40M in a new funding round held in August 2020, led by Highland Europe, along with participation from IVP.  Capital raised will be used for expansion, including bringing data warehousing to the marketing sector. Mikael Thuneberg...

Electric vehicle chassis provider Motiv secures US$ 15M funding 

Electric vehicle chassis provider Motiv secures US$ 15M funding

San Francisco based electric powered intelligent chassis provider Motiv secured fresh funding of US$ 15M from GMAG Holdings Corp. It is currently valued at US$ 102.5M. The funds raised will be utilized to fund technology and scaling up its manufacturing operations. As vehicle makers are struggling to...

Major FinTech Trends to watch out for

Latest Fintech Trends to watch out for

FinTech is the buzzword everywhere. It is not surprising to see that today brick-and-mortar financial institutions are scared of fintech startups. And why not? According to a report by Goldman Sachs, fintech may soon disrupt US$ 4.7 trillion worth of global financial services. As the face of finance is undergoing a full make-over globally...