Merlin Labs announced raising $105 million in Series B funding round. It has entered into a contract with the Air Force under which they plan to introduce software and hardware to help pilots become more autonomous in the cockpit.
Category: Funding Watch
Here, a US based startup for fractional investment in high value properties, secures $5M in funding round
Here, a platform that allows consumers to become fractional investors in holiday rentals, has raised $5 million in venture funding led by Fiat Ventures.
Fieldproxy, a field service management platform, bags INR 6 crores in pre-series A round
Fieldproxy, a SaaS platform for enhancing the productivity of field teams, announces raising INR 6 crores in pre-series A round. The round was led by Y-Combinator
Lightspeed Ventures announces massive fund; $500M dedicated to India and Southeast Asia
According to Lightspeed Ventures,a total of $2.5 billion in funding will be spent in early-stage deals, including the $500 million funds created for India.
Pina Earth, Europe based climate technology startup raises $2.5 million in seed funding
Pina Earth, a climate technology startup, has raised $2.5 million in seed funding.
The seed round was led by Franco-German VC XAnge, with participation from London-based VC firm Nordstar and several business angels and serial founders
Vegrow, an agritech marketspace for fruits, bags $25M in series B round
Vegrow raises $25 million in a Series B funding round. The round was joined by Prosus Ventures, Matrix Partners India, Elevation Capital, among others.
Mumbai-based bakery, The Baker’s Dozen, receives $5M in pre-series A round
Mumbai-based, The Baker’s Dozen, has raised $5 million in the pre-series A round in a mix of debt and equity, led by Fireside Ventures.
Ed-tech startup Kreedo closes with $2.3 million in pre-series A funding round
Kreedo bags $2.3 million in its Pre-Series A funding round led by Switzerland’s UBS Optimus Foundation, Spectrum Impact, Gray Matters Capital, and 1Crowd. The funds will be used to expand the business and form partnerships with schools nationwide.
Axilor Ventures announces $100 million Axilor Technology Fund-II
Axilor Ventures plans to raise $100 million for its second seed fund. The startup was founded by Infosys co-founders Kris Gopalakrishnan and SD Shibulal.
EV financing startup, Turno, raises capital worth $3.1 million in seed round
Turno, a commercial EV financing startup, has secured $3.1 million in a seed funding round. Stellaris Venture Partners and Avaana Capital participated in the investment round.
AlgiKnit, a US-based biomaterials firm announces raising $13 million in series A round
Algiknit the creator of eco-conscious yarns from kelp seaweed raises $13m Series A funding led by the Collaborative Fund.
Mekr, a digital ecosystem for mass manufacturing electronics, secures funding worth INR 5.8 crore from multiple investors
Mekr, an electronics product manufacturing startup, has raised Rs 5.8 crore in its seed round.
The funds raised will be utilised to invest in sales, supply chain, tech and project management teams and working capital requirements.
UK based EV startup, Tevva, introduces a Hydrogen Electric Truck
Tevva launched its first truck with a hydrogen fuel cell booster with a range of up to 310 miles (499 km) and a greater zero-emission range for fleet operators. It raised $140 million from investors so far.