Showing posts with category "funding"

Novo Raises $90 Million In Series B Round of Funding

Series B Round of Funding — Novo, the powerfully simple small business banking platform, has raised $90 million in Series B funding at a $700 million valuation. Stripes led the round, with continued participation from existing investors Valar Ventures, Crosslink Capital, Rainfall Ventures and BoxGroup. This latest round brings Novo’s total funding to more than […]

January 14, 2022
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funding

Bolt raises $709 Million at an $8.4 Billion valuation

Bolt raises $709 Million — Economies of scale are an essential cornerstone for on-demand companies, and to that end one of the hopefuls in the space has raised a big round to grow its business. Bolt — the startup and app of the same name that operates on-demand ride hailing, shared cars and scooters; and […]

January 11, 2022
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funding

Protect Your Feet With ARIA insoles

ARIA insoles — Do You Know more than 20% of the world’s population suffers from athlete’s foot or has excessive foot perspiration? This is because moisture condenses, creating the unpleasant sensation of warm, humid feet and forming the ideal microclimate for fungal growth. Imagine if air can move freely around your feet FREELY whenever you […]

December 9, 2021
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funding

Kenyan fintech Asilimia raises $2 million in a pre-seed round

Kenyan fintech Asilimia — Kenya’s economy is powered by informal businesses, which contribute 33.8% to the country’s GDP and provide 83.4% of the total employment outside of small-scale agriculture, data from the country’s bureau of statistics shows. The contribution of these enterprises is pivotal to the country’s economy yet they remain underserved by traditional banking […]

November 24, 2021
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funding

SoftBank Vision Fund invests in Japanese firm for 1st time

SoftBank Vision Fund — SoftBank Group Corp’s Vision Fund has invested in a Japanese biotechnology company, the startup said Friday, marking its first investment in a domestic firm. Aculys Pharma Inc, based in Fujisawa in Kanagawa Prefecture, said it has raised a total of 6.8 billion yen ($60 million) from the tech investor, Sumitomo Mitsui […]

November 3, 2021
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funding

54gene Closes $25M Series B to Advance African Global Drug Discovery

54gene Closes $25M Series B – 54gene, the health technology company advancing African genomics research for improved global health outcomes, has secured $25M in a Series B round, led by Cathay AfricInvest Innovation Fund. The round also included participation from Adjuvant Capital, KdT Ventures, Plexo Capital, Endeavor Capital, Ingressive Capital and others. This round brings the company’s […]

September 20, 2021
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funding

Computer vision dev platform Roboflow raises $20M

Computer vision dev platform Roboflow raises $20M – Roboflow, a Des Moines, Iowa-based startup developing tools for building computer vision models, today announced it has raised $20 million in a series A round led by Craft Ventures. This brings the company’s total raised to date to $22.2 million, and CEO Joseph Nelson says the money […]

September 17, 2021
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funding