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Funding News 1.11.23

The Easy Company secures $14.2M funding for new crypto wallet with social features – The Easy Company, a startup focusing on building a consumer layer for the decentralized web, has raised $14.2 million in a seed round for its “social” crypto wallet, which seeks to help onboard more mainstream audiences into the Web3 ecosystem.

As reported by TechCrunch, the seed funding round was supported by a diverse group of investors, including venture capital firms Lobby Capital, Relay Ventures and 6th Man Ventures, as well as Tapestry (NYSE:TPR), Upside and Scribble. Additionally, the round featured angel investors with backgrounds in traditional social media and Web3, including former executives from Instagram, Novi, Airbnb, Twitter, Uber (NYSE:UBER), OpenTable and Eventbrite (NYSE:EB).

CARI Health Raises $2.3M in Seed Round to Advance Remote Medication Monitoring – Digital health startup CARI Health has closed an oversubscribed $2.3 million seed round that will help it bring the world’s first wearable real-time medication monitor to market.

Funding was led by the San Diego Angel Conference (SDAC), with four additional investment funds participating, including NuFund Venture GroupCove FundChemical Angel FundMedical Devices of Tomorrow, and several individual angel investors.

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Financial literacy FinTech Prograd secures $2.5mPrograd, which is aimed at helping young people boost financial literacy, has reportedly collected $2.5m in its seed funding round.

Contributions to the round came from Deloitte Ventures, Techstars, ZAKA Ventures, AGAM, Trouva founder Mandeep Singh, and other new and existing angel investors, according to a report from Financial IT.

Worlds Announces $21 Million Series A1 Funding Round to Scale Industrial Metaverse Platform – Today, Worlds Enterprises, Inc., creators of a new 4D infrastructure for building the Industrial Metaverse, announces the successful completion of its $21.2 million Series A1 funding round. The round is led by Moneta Ventures with key participation from existing investors Align Capital, Green Park & Golf Ventures, Chevron Technology Ventures, Piva Capital, PerotJain, and Capital Factory. The funding will be used to continue investing in the Company’s AI platform, expand key go-to-market partnerships, and further expand the adoption of Worlds’ technology by industrial companies.

Exclusive: Clinikk begins Series A round from existing backer – Insurtech and healthtech startup Clinikk has raised around $3 million in its Series A round from its existing investor Massmutual Ventures. The fresh funds has come after a gap of 14 months for the Bengaluru-based company.

The board at Clinikk has passed a special resolution to issue 2,746 Series A CCPS at an issue price of Rs 90,393 each to raise Rs 24.8 crore or $3 million, regulatory filing with the Registrar of Companies (RoC) shows. 

Dallas-based Worlds Enterprises completes $21.2M funding round for its AI platform – The funding will be invested in the company’s AI platform, expand market partnerships and the adoption of World’s technology by industrial companies.

Array Behavioral Care announces $25M funding round led by CVS Health – New Jersey-based virtual psychiatry and therapy platform Array Behavioral Care scored $25 million in its latest funding round led by CVS Health. Additional capital was provided by existing investors.

CVS Health joins Array’s earlier investors in supporting the company, including Wells Fargo Strategic Capital, Harbour Point Capital, Health Velocity Capital, OSF Healthcare, HLM Venture Partners and OCA Ventures. 

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