Simple HealthKit Raises $8M in Series A Round – Simple HealthKit said on Monday that it has raised $8 million in a Series A financing round.
The Fremont, California-based firm said Initialized Capital led the round, with help from Kleiner Perkins, Kapor Capital, and Quest Venture Partners. The new cash brings the company’s total funding to $12 million to date.
Simple HealthKit sells two PCR tests on its website: the nasal swab-based Common Respiratory Wellness Test to identify infections with influenza A and B and respiratory syncytial viruses, and the urine sample-based Sexual Wellness Test for chlamydia, gonorrhea, and trichomoniasis infections. The firm’s portfolio also includes tests for diabetes and other chronic conditions.
Bike Bazaar raises $10 million in series D funding round from German investment firm DEG – Bike Bazaar, a two-wheeler financing company, said on Monday that it raised ₹82 crore ($10 million) from DEG, a Germany-based development finance institution and a subsidiary of KfW Group.
With this raise, Bike Bazaar closes its Series D round with a total equity raise of ₹250 crore ($30 million). The other investors in the funding round include Women World’s Banking Asset Management (WAM), Elevar Equity and Faering Capital.
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Singapore-based Capcon secures $50m in series B2 funding round – Singapore-based packaging provider Capcon has raised around $50m in a series B2 financing round.
Capcon offers a full range of advanced packaging processes, including die bonders for panel-level packaging, wafer-level packaging, flip chips, systems in packaging (SIPs) and stack dice.
The company specialises in providing products and solutions for the intelligent manufacturing, semiconductors and pan-semiconductor fields.
Magic.dev Raises $23M in Series A Funding – Magic.dev, a San Francisco, CA-based startup that is developing an AI-powered software engineer, raised $23M in Series A funding.
The round, which brought total funding to $28M, was led by CapitalG, with participation from Nat Friedman, Elad Gil, and Amplify Partners,
Liminal Raises $17.5 Million in Series A2 Funding to Catalyze Production of Safe, Reliable, High-Quality EV Batteries – Liminal, a battery manufacturing intelligence company, today announced a $17.5 million Series A2 funding round, led by climate tech fund ArcTern Ventures, joined by new investors Northvolt and Ecosystem Integrity Fund, and with continued support from Chrysalix Venture Capital, Good Growth Capital, University of Tokyo Edge Capital Partners, Volta Energy Technologies, Impact Science Ventures, and Helios Climate Ventures. Liminal will use this funding to scale its EchoStat® inspection systems into factory-integrated solutions for global battery manufacturers, tapping into the rapidly growing demand for safe, reliable, and more affordable EV batteries.
ShiftMed secures $200M round as it eyes M&A –
ShiftMed, an app-based nursing job marketplace, closed a $200 million funding round, the company said Monday morning.
Amid the industry’s nursing shortage, ShiftMed CEO Todd Walrath said he would like to be one of the winners in the growing space of nursing job app companies.
Digital banking platform Oxygen secures $20m – Digital banking platform Oxygen has secured $20m in its Series B funding round, which was led by return investors.
With the fresh capital, Oxygen will bolster the investment into product development and user experience. It also plans to hire more staff to meet rising demands.
Y Combinator, 1984.vc, Rucker Park and Possible Ventures were among the investment firms to join the Series B. Multiple notable angel investors also committed capital, including all-time NFL great Larry Fitzgerald, Deutsche Bank Global CEO Frank Strauss, Plaid co-founder William Hockey and Teachable founder and CEO Ankur Nagpal.