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startup funding

Funding News 9.28.22

Kry raises $316M to scale its telehealth platform across Europe

Staying true to its name, which translates to “in good health,” Swedish digital health startup Kry has raised a hearty €262 million, or about $316 million, in its latest funding round.

Kry, known as Livi in the U.S., U.K. and France, offers a software platform and companion smartphone app connecting patients and providers via video and instant messaging consultations. The platform has been used by more than 3 million patients since its 2015 founding, according to the company.

Light Microfinance Secures INR 196 Cr In Series B Round

Light Microfinance announced that it has bagged Rs 196 crore in a Series B funding round. British International, UK’s Development Finance Institution (DFI) and Impact investor. The company’s existing investors, Nordic Microfinance Initiative (NMI), Triple Jump BV and Incofin IM also participated in the funding.

The company mentioned that the funding will be used for geographical expansion into new states to diversify the company’s product lines and continued investments in technology and digital initiatives. 

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Equity Management Firm Ledgy Finalizes $22M Series B Round

Yoko Spirig, Chief Executive Officer & Co-Founder at Ledgy, notes that the firm has raised a $22 million Series B funding round, led by New Enterprise Associates.

The company’s CEO added that she’s delighted to share the news and that in the last few months have been an “interesting time” for the early-stage ecosystem in Europe and around the world.

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