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Funding News 7.19.22

Kizik Announces $20 Million Series B Funding Round – SALT LAKE CITY–(BUSINESS WIRE)–Kizik, the world leader in hands-free shoes, and its parent, HandsFree Labs, Inc., today announced the completion of a $20 million Series B funding round. Kizik will use the funds to launch a Kizik Kids line and create a retail footprint with Kizik stores. The funding round was led by The Newcastle Network, a consumer-focused private equity fund combining expertise in data science, creator & social media marketing, innovation, and entrepreneurship to help companies unlock new levels of growth.

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Gaming and lifestyle brand XSET secures $15M in Series A fundingXSET is announcing it has closed a $15 million funding round for its gaming and lifestyle brand.

Milk Moovement raises $20 million in Series A round – HALIFAX, NOVA SCOTIA – Canadian software developer Milk Moovement announced its recently closed Series A round drummed up $20 million.

Humanity Health Bags $6 Million Series A Funding RoundHumanity Health, the premier career acceleration and talent sourcing platform for underrepresented leaders in healthcare and life sciences, has raised $6 million in a Series A funding led by Jumpstart Nova with follow-on participation from Deerfield Management, which provided the initial seed capital for the company’s launch.

Cannabis Technology ERP Company, Alleaves’ Series A $40 million funding round led by The Eleven Fund – DEERFIELD BEACH, Fla., July 19, 2022 /PRNewswire/ — Alleaves, an industry leading cannabis enterprise resource planning (ERP) seed-to-sale technology platform, is finalizing its $40 million Series A funding round led by The Eleven Fund at a valuation of $240 million.

Siengine Completed its Series A Funding Round – Siengine announced its completion of the Series A funding round on July 19, 2022. The funding amount is nearly CNY 1 billion. The funding round was led by Sequoia Capital, followed by Neusoft, Boyuan Capital under Bosch, Jiayu Capital, Guosheng Capital, Hongzhuo Capital, Yunbai Capital, Yuexiu Industrial Fund, and ICBC International. 

Flip Closes $60 Million Series B Round to Reimagine the Next Era of E-Commerce – Flip, the next-generation e-commerce platform combining a TikTok-like discovery experience with a premium e-commerce service, announced a $60 million Series B funding round at a valuation of $500 million. The funding round was led by WestCap with participation from previous investors Mubadala Capital and Streamlined Ventures, bringing the company’s total capital raised to $95 million.

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