Good Morning! It's a happening Monday. Let's roll on with the weekly startup updates. Happy Christmas week!
IntellectoKids, a developer of educational apps for children aged 3 to 7 years, has raised $3 million in a Series A financing led by U.S.-based Allrise Capital and other investors, including Genesis Investments. In addition to the current B2C model, the founders expect in 2021 to offer primary schools and kindergartens. Read more.
Mombox, a categorized kit of postnatal care products concentrated entirely on the mom only. The company latest closed a $500,000 angel round led by Wayfund and TBD Angels. Mombox also offers a C-section box and a Deluxe Mombox. Read more.
Supabase, a YC-incubated startup has raised a $6 million funding round led by Coatue, with participation from YC, Mozilla and a group of about 20 angel investors. Startup offers developers an open-source alternative to Google’s Firebase and similar platforms. Read more.
Taxdoo, the tax compliance platform for cross-border e-commerce, raises $21M Series A. This startup has built what it calls an “automated platform for financial compliance” aimed at cross-border e-commerce companies. Funding will be invest on international expansion– increased hiring, R&D, sales and customer support. Read more.
Atlanta-based Presso- Robotic dry cleaning startup has developed a kiosk capable of dry cleaning a garment in around five minutes.Has raised a $1.6 million pre-seed with investment from Pathbreaker, AME Cloud Ventures, SOSV, 1517 Fund and YETI Capital. Read more.
Hightouch raises $2.1M to help businesses get more value from their data warehouses. Companies adopt data warehouses, in order to create a central repository for all of their customer data. Startup wish to innovate to ace the race of emerging data warehouses competitors like Google's, Amazon's ventures. Read more.
Astra, a Rocket launch startup has actually made it to reach orbital space. This marks a tremendous win and milestone for Astra’s rocket program, made even more impressive by the relatively short turnaround between their rocket loss error in September. Read more.
Los Angeles-based electric vehicle startup CANOO make its entry later this month on the Nasdaq as a publicly traded company. The electric delivery vehicle, which includes a high roof height, storage lockers and a software as a service platform. Other variations of the multi-purpose delivery vehicle will join later and Canoo plans to announce a service network at a later date. Read more.
Gawq’s recently launched mobile news app, it aims to present news from distinct sources, while allowing users to filter between news, opinion, paid content and more. Even compare sources of data, check facts and even review the publication’s content for accuracy. Read more.
A version of LinkedIn that’s specifically for the healthcare industry. H1, a startup which just raised $58 million in new financing. H1 is looking to expand to Europe and Asia in 2021, and counts 13 of the top 20 pharmaceutical companies as its clients. Read more.
PhotoRoom, a french startup is launched its app It will lets you remove the background from a photo, swaps it for another background and tweaks your photo. This fund will be used as per company plans to grow the team from three to eight persons and work on its deep learning algorithm. Read more.
Free Webinar on January 13th 2021, experts as they discuss what new entrepreneurs need to understand about intellectual property-no matter their budget or company size. Read More.
Trukita, a leading logistics technology start-up that offers freight and trucking services in the first-mile space. It has acquired by Logistics technology platform Waresix, Waresix seeks to expand the company’s reach and enhance its existing range of offerings for shippers and transporters. Read more.
Creditas is the new company to benefit from a boom in financial services startup investing accross regions. Creditas has plans to use the cash to expand its lending services, as well as retail options and others. Read more.
Tap Network is a latest startup, one that newly raised $4 million in funding from investors. Tap Network is offering a fresh approach to loyalty rewards programs that it defines as “rewards as a service.” Read more.
A British startup company has discover a new saliva swab Covid-19 test, it claims can return an effect in 15 minutes.Vatic's KnowNow test is a sort of lateral flow test it functions in a very different way to another antigen test do. Read more.
A Singaporean start-up Magorium's technology transforms plastic waste into road additives, effectively reducing a continuing global environmental issue, in addition to paving the way for a zero waste nation. Read more.
Amazon-owned Zoox unveils its first autonomous robotaxi. The Amazon-owned venture Zoox launch its prototype for an autonomous taxi. It could change what we think autonomous vehicles can look like in the first place. Read more.
Kidas, based in Philadelphia, a startup makes an Xbox dongle that will keep watch against cyberbullying. A solution that participates in keeping kids safe and happy online, without wagging a finger at them or violating their privacy. It’s shown enough success, over a tight-knit beta in fewer than 100 Xbox households.(Source-www.Polygon.com) Read more.
Zomato co-founder Deepinder Goyal announced, have closed a $660 million primary financing round at a post-money valuation of $3.9 billion. the company is on track to record its best-ever monthly sales in December 2020. Read More.
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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.