Morpheus Space raises $28 million in Series A round –
PARIS – Morpheus Space raised $28 million in a Series A funding round announced Sept. 14.
Alpine Space Ventures led the round. Morpheus Ventures, a Los Angeles company unrelated to Morpheus Space, participated in the round along with existing Morpheus Space investors.
“We raised more than we anticipated and could select the best partners for our round,” Daniel Bock, Morpheus Space CEO and co-founder, told SpaceNews. “All of our existing investors participated, which is also a great sign.”
Advisor-Focused Investment Platform Ethic Raises $50 Million –
Powering personalization for financial advisors appears to be a winning proposition for Ethic, which this week announced $50 million in Series C funding despite the overall slowdown in venture capital of late.
The digital asset manager, which focuses on ESG data and customizable socially responsible investment portfolios for financial advisors’ clients, has over $2 billion in assets.
vSense Closes $127.6M Series C Funding Round –
Southeast Asian fintech Fazz seals US$100mn Series C round –
Southeast Asian fintech Fazz has raised US$100mn in Series C funding, which the Singapore-based firm will use to further build out its platform aimed at the region’s businesses.
The Series C round consists of US$75mn in equity funding led by existing investors including Tiger Global, DST Investment, B Capital, Insignia Ventures Partners and ACE & Company. In addition, the fintech has also secured a US$25mn debt facility from Lendable.
Players’ Lounge, Backed By Drake, Raises $10.5M In Series A Funding Round To Help All Gamers Generate Income –
Series A Funding Round
Players’ Lounge — a Drake-backed wagering platform co-founded by Austin Woolridge — recently announced it raised $10.5 million in its Series A funding round, according to information shared with AfroTech.
The Cloud closes $10 million Series A round –
The Cloud, the leading third-generation B2B2C cloud kitchen platform, has secured $10 million in funding led by Middle East Venture Partners (MEVP) and Olayan Financing Company (the Middle East investment arm of The Olayan Group) with participation from Rua Growth Fund.
The successful Series A funding follows an initial pre-seed round at the end of 2019, which was led by Elēkrŏn Ventures and a subsequent seed round at the end of 2020, which was led by MEVP. The new funding round, led by a consortium of venture investors, will allow The Cloud to continue its expansion in GCC and Europe. The investment also provides bandwidth for the company to increase and accelerate the development of its AI-powered kitchen matching platform.
Modulous has raised £10m of Series A funding to further grow its physical and digital technologies. –
he funds were raised from various investors, including Patrizia-backed Sustainable Future Ventures (SFV), Regal London, CEMEX Ventures, Goldacre, Blackhorn Ventures, Leela Capital and GroundBreak Ventures.
The Modulous software platform automates design, costing and programming — meaning developers, architects and contractors can figure out pricing and decide whether a site is viable within hours.
LUKE KUECHLY, OTHER ATHLETES JOIN $6.5M SERIES A ROUND FOR MOMENTOUS – Backed by a roster of athlete-investors, performance supplement company Momentous recently raised $6.5 million in Series A funding as it looks to expand its customer base to mainstream consumers.