Marlborough-Based Raven360 Closes $8 Million Funding Round –
MARLBOROUGH – Raven360, the leader in customer journey acceleration solutions, announced the closing of an $8 million Series B funding round.
The round was led by new investors Technology Venture Partners and Allos Ventures, joined by prior investors Nauta Capital and NXT Ventures.
Vet Startup Modern Animal In A Growth Spurt With New Funding – Modern Animal, one of a growing number of startups aiming to reinvent the veterinary clinic experience for both pet owners and vets, is expanding, fueled by a Series C funding round that gave it an additional $75 million in investment capital.
DataMesh Closes Funding Round – DataMesh, a Singapore-based provider of enterprise metaverse platform and tools based on digital twin and XR technologies, closed a new round of funding of undisclosed amount.
Weekly Start-up Funding Roundup (August 1 to 5) –
Weekly Start-up Funding Roundup (August 1 to 5)
In the first week of August 2022, the start-up ecosystem in India did not see much increase in venture funding as capital inflow got disrupted due to various reasons.
The total funding in the first week added up to 111 million dollars, which got invested in nearly 22 deals. In the last week of July 2022, the total funding amounted to nearly 80 million dollars.
Singapore fintech UNOAsia raises US$11mil pre=series A, led by Creador – Singapore-headquartered financial technology company UNOAsia Pte Ltd, the primary incorporator of UNO Digital Bank in the Philippines, has secured US$11 million (RM48.9 million) in a pre-Series A round led by Creador Private Equity. UNOAsia one of six licensed digital banks in the Philippines.
Audio content boom: The sound of success – Kuku FM was born in June 2018—much before the audio market in India began to gain momentum, unlike in the US, Europe, or China. The audio OTT explosion was also yet to happen then. Fast forward to March 2022. The audio streaming start-up announced that it has bagged $19.5 million from investors in a series B funding round. More recently, in June, its co-founder and CEO Lal Chand Bisu also said that the platform has now crossed 1 million active paid subscribers—accounting for 27x growth in 12 months.
VC Roundup: Lightning Network Payment Rail, DeFi Trading Platform and Blockchain Security Firm Raise Millions – Even with the onset of the crypto winter, 2022 was a turning point for venture capital financing. Crypto and blockchain firms have collectively raised $30.3 billion in venture capital in the first half of 2022, more than all of last year’s totals. While the number of deals has declined in recent months, startups at the intersection of blockchain payments, decentralized finance (DeFi), and cybersecurity are still drawing significant interest from the VC community. The latest edition of VC Roundup highlights some of the most intriguing financing deals of the past month.