Fora Raises $13.5 Million in Series A Funding Round Co-Led by Heartcore Capital and Forerunner – NEW YORK–(BUSINESS WIRE)–Fora, a tech-forward travel agency ushering in a new generation of entrepreneurs, announced $13.5 million in Series A funding co-led by Heartcore Capital and Forerunner. Fora will use the funding to accelerate the next evolution of its platform: an innovative client and booking management system – the first of its kind in the industry – exclusively for its community of travel advisors. The funding will also be used to boost marketing and business development, and build best-in-class training programs for its community of advisors.
CleverTap Raises US$105M in Series D Funding Round Led by CDPQ – MOUNTAIN VIEW, Calif., MUMBAI, India and MONTREAL, Aug. 10, 2022 /PRNewswire/ – CleverTap, a leading global B2B SaaS platform for customer engagement and retention today announced it has signed definitive agreements to raise US$105M in a Series D funding round led by CDPQ, a global investment group who committed US$75M, with participation from IIFL AMC’s Tech Fund, along with existing investors Tiger Global and Sequoia India. The funds will be used to support CleverTap’s global expansion and enhance the development of its world-class solutions and technology.
Lysto raises $12 Mn in pre-Series A round – Lysto, a platform for gamers, has raised over $12 million in its pre-Series A round. The round saw participation from institutional as well as gaming and crypto investors such as Square Peg, BEENEXT, Hashed, Tiger Global and Better Capital. Balaji Srinivasan, Paul Veradittakit, Binny Bansal and Bobby Ong and TM Lee among others, also participated.
Devoted Health closes $1.15B series D funding round –
Tech-enabled Medicare Advantage startup Devoted Health closed a $1.15 billion funding round led by Uprising and Softbank Vision Fund 2.
Other series D backers include returning investors GIC, Andreessen Horowitz, Premji Invest, Maverick, Frist Cressey Ventures, and NextView Ventures. New investors include ICONIQ Growth, General Catalyst, the Base10 Advancement Initiative and Emerson Collective.
Wavenet Raises Nearly USD$3M in Series B Funding Round – Wavenet, a Taipei-based company which specializes in marketing technology, raised nearly USD$3m in Series B funding.
South African startup DataProphet raises $10 million to scale AI solutions for manufacturers – South African AI-as-a-Service (AIaaS) startup DataProphet has announced the completion of its $10 million Series A funding round which started in 2020 with a $6 million round led by IDC and Norican.
Funding Rundown: CleverTap to raise $105M, Tiger Global leads $15M Series A round in Jodo, Lysto pockets $12M & Landeed raises Rs 19.5 Cr – CleverTap, a B2B SaaS platform for customer engagement and retention, has signed a definitive agreement to raise USD 105 million in its Series D funding round led by Canadian pension fund Caisse de dépôt et placement du Québec (CDPQ).
STRADVISION CLOSES SERIES C FUNDING ROUND – SEOUL — StradVision, an AI-based perception processing company for autonomous vehicles and ADAS, announced it had closed its Series C funding round.