Startup News: 12th April 2021 - 18th April 2021

  • 19th Apr'21
  • 181
  • 6
  • 0

Good Morning Monday!! Here we enter in a new week and it’s time to get a fresh round with latest trending startup news insights. Let's dive in.

 

12th April, 2021

 

Weekly startup news

 

1. Cybersecurity training startup Hack The Box raises $10.6M Series A led by Paladin Capital

Greece Cybersecurity training startup Hack The Box, has raised a Series A investment round of $10.6 million. Hack The Box specializes in using “ethical hacking” to train cybersecurity techniques. Read more

2. Clim8 raises $8M from 7pc Ventures, launches climate-focused investing app for retail investors

A new U.K. startup Clim8 Invest has raised $8 million, startup is hoping to fix that with the launch of its new app and platform for retail investors. Read more

3. Memic raises $96M for its robot-assisted surgery platform

Memic, a startup developing a robotic-assisted surgical platform, has closed a $96 million Series D funding round. The company plans to use the new funding to commercialize its platform in the U.S. and expand its marketing and sales, click to know more

 

13th April, 2021

 

Weekly startup news

 

1. Bandwango raises $3.1M to power tourism and experience-focused deals

Utah-based startup has built a platform called the Destination Experience Engine which is designed for connecting businesses with communities, it is currently focused on providing a white-label solution to its customers. Read more

2. Home gym startup Tempo raises $220M to meet surge in demand for its workout device

Fitness startup Tempo, closed a $220 million Series C round led by SoftBank. Tempo’s freestanding cabinet, which the company launched in February 2020, includes a 42-inch touchscreen with a 3D motion-tracking camera that consistently scans, tracks and coaches users as they work out. Read more

3. With a team that helped build the brain behind Alexa, HomeX raises $90M

Chicago-based HomeX, a home services platform for homeowners and service providers, has raised $90 million in a funding round. It aims to “radically improve” home services by pairing service workers with homeowners, both virtually and in person. Click to know more

 

14th April, 2021

 

Weekly startup news

 

1. Slice raises $40M to power ordering and marketing for independent pizzerias

Slice, a startup that provide independent pizzerias build an online business, has raised another $40 million in Series D funding. Slice has built a mobile app and website for ordering from local pizzerias, but it also offer tools so they can create their own websites, run marketing campaigns, improve their search engine optimization and more. Read more

2. Sunday raises $24 million seed round to build a fast restaurant checkout flow

Sunday, a new startup that is going to attract some headlines as it has raised a $24 million seed round at a $140 million post-money valuation. Sunday wants to build the Fast Checkout of restaurants. Read more

3. Amira Learning raises $11M to put its AI-powered literacy tutor in post-COVID classrooms

Amira Learning aims to help with an app that reads along with students, intelligently correcting errors in real time. Promising pilots and research mean the company is poised to go big as education changes, and it has raised $11 million to scale up with a new app and growing customer base. Read more

 

15th April, 2021

 

Weekly startup news

 

1. Autonomous aviation startup Xwing hits $400M valuation after latest funding round

Xwing has been developing a technology stack to convert aircraft t has raised $40 million at a post-money valuation of $400 million. The company is looking to eventually remove the safety pilot, but only once full safety redundancies are in place, in addition to increasing its commercial operations in parallel. Read more

2. Saltbox raises $10.6M to help booming e-commerce stores for warehousing

The startup Saltbox was founded on the premise that the need for “co-warehousing and SMB-centric logistics enablement solutions. It offers integrated logistics services as well as amenities such as the rental of equipment and packing stations and access to items such as forklifts. Read more

3. Feels is a new dating app with profiles that look more personal

Feels, a new French startup, a new dating app want to improve profiles so that navigating the app feels more like watching TikTok videos or browsing stories. Read more

4. Philippines 'buy now, pay later’ startup Plentina raises $2.2M seed round

Fintech startup Plentina is leveraging that trend with buy now, pay later (BNPL) installment loans that can be used and repaid through e-wallets. Startup has closed a $2.2 million seed round. Read more

4. Creator monetization and CRM startup Pico raises $6.5M

Newly established New York startup Pico, helps online creators and media companies make money and manage their customer data, raised $6.5 million in new funding. Read more

 

16th April, 2021

 

Weekly startup news

 

1. Soona raises $10.2M to make remote photo and video shoots easy

Soona, a startup aiming to satisfy the growing content needs of the e-commerce ecosystem, has raised $10.2 million in Series A funding. The new funding follows a $1.2 million used to develop a subscription product with more collaboration tools and visual content. Read more

2. Level raises $27M, Lightspeed ‘to rebuild insurance from the ground up’

Level, a startup that aims to give companies a more flexible way to offer benefits to employees, has raised $27 million in a Series A funding round led by Khosla Ventures and Lightspeed Venture Partners. Read more

3. 1Doc3, a Colombian telemedicine startup, raises $3 million

The Colombia-based company 1Doc3, is using text and chat to provide access to care. 1Doc3 reaches customers directly and by establishing corporate partnerships where the companies themselves pay for their employees’ medical care through the startup. Read more

 

17th April, 2021

 

Weekly startup news

 

1. AI-driven audio cloning startup gives voice to Einstein chatbot

The startup behind the “uncanny valley” audio deepfake of Einstein is Aflorithmic. A digital version of Albert Einstein — with a synthesized voice that’s been (re)created using AI voice cloning technology, click to read more

2. How startups can ensure CCPA and GDPR compliance in 2021

Data compliance is not only significant to a company’s daily operations; if done inappropriately or not done at all, it can be quite costly for companies of all sizes. Read more

 

18th April, 2021

 

Weekly startup news

 

1. PayPal Is Making Big Bets in Cryptocurrency

PayPal customers in the U.S. to check out and make payments with cryptocurrencies. They're guiding for 26% revenue growth in Q1 as an acceleration sequentially, and earnings-per-share growth of 50%. Read more

2. The veterinary clinic startup expanding during the pandemic ‘puppy boom’

Pet care and pet food brands have typically been considered recession-proof businesses, ‘puppy boom’ among the businesses that saw profits rise during the pandemic. Unlike some vet clinics and animal hospitals, Bond Vet specializes in urgent care and also offers online booking and walk-in visits for medical care. Read more

 

If you missed out the previous week or entire month updates of startup world news, follow the link to read it now and stay updated with every passing update with us.

Startup News: 5th April 2021 - 11th April 2021

Startup News: 29th March 2021 - 4th April 2021

Startup News: 22nd March 2021 - 28th March 2021

Startup News: 15th March 2021 - 21st March 2021

Startup News: 8th March 2021 - 14th March 2021

Startup News: 1st March 2021 - 7th March 2021

 

We, at OpenGrowth, are constantly looking for latest news in the startup ecosystem. If you want to share any important news from last week, then do let us know in the comment section below.

Sources/References:

*Note: The content published above was made in collaboration with our members.

About the author:

Kumar Amritanshu (Editor), Super admin

Amritanshu, a geek, an explorer, traveler and innovative creator by heart. Experimenting with new ideas and exploring innovative technologies are his break-through talent. Endless craze for technology and creativity. Associated with editorial team at OpenGrowth and keenly serving great stuff from startup world.


Post Your Comment

You may also like