Good Morning Monday!! Here are the latest weekly startup stories for you. Before starting this week grab some latest updates from startup world.
Stripe has closed $600 million, at a valuation of $95 billion. Company will use the funding to expand its business in Europe, with a focus on its European HQ, click to explore more.
Genesis - giving non-technical employees the tools to create ways to monitor and manage real-time risk, high-frequency trades and other activities - has picked up $45 million. Read more
UpCodes, a startup that develops building-code compliance tools, manages to raised $3.36 million in pre-Series A funding. The new funding was led by Berlin-based Point Nine Capital, which focuses on SaaS and online marketplaces. Read more
SafeGraph has raised $45 million in Series B funding, bringing its total funding to $61 million. It is providing the highest-quality places data to data science teams, and earned the trust of some of the largest public and private institutions. Read more
Overwolf, which has built a popular platform for gaming fans to build modifications (mods) and additional tools for all kinds of PC games, raised $52.5 million in growth funding and the launch of a new content creation. Read more
Noogata, a startup that offers a no-code AI solution for enterprises, and it has raised a $12 million. Company offers a collection of what are essentially pre-built AI building blocks that enterprises can then connect to third-party tools, click to read more.
London, U.K.-based fintech startup Diem, has raised a seed round of $5.5 million. Diem is a debit card with an app affording instant cash access, traditional banking service benefits but also allowing consumers to dispose of goods for eventual resale. Read more
Oso, an early-stage startup, has created an open-source library for developers to make it easier to build authorization in their applications. Read more
LA and Bangalore-based space startup Pixxel has closed a $7.3 million seed round, has also announced a new product focus: hyperspectral imaging. It aims to provide that imaging at the highest resolution commercially available, click to know more.
Copy.ai, a startup building AI-powered copywriting tools for business customers, announced a $2.9 million round. The unorthodox startup also put together an unorthodox round, read more
Tel Aviv-based Vulcan Cyber, a cybersecurity startup that helps businesses prioritize and fix security vulnerabilities, it has raised a $21 million Series B funding. The company use the new funding to roll out new remediation solutions and launch a free risk-based vulnerability management platform. Read more
Slapdash is aiming to carve a new niche out for itself among workplace software tools. The company offers a free tier for users indexing up to five apps and creating 10 commands and spaces; any more than that and you level up into a $12 per month paid plan. Read more
Kuda Technologies, is announcing funding to continue building out its specific ambition: to provide a modern banking service for Africans. Kuda currently provides services for consumers to save and spend money, and it has recently introduced overdrafts. Read more
A startup OpenReel, has raised $19 million in Series A funding. Technology makes the process much simpler,.The software allows a remote director to control a webcam or mobile device, along with up to four people recording and four people viewing the shoot in real time.
Secureframe, has raised $18 million at Series A. fresh funding round will help the company grow beyond the two certifications into an enterprise-grade risk and compliance management platform. read more
Miami-based disability insurance startup Asteya, small business owners and gig workers, launched with a seed round of $10 million. Asteya is targeting with its first product. It offers up to $500,000 in protection through a one-time payout for a monthly fee. Read more
Fetcher, a startup that promises to make the recruiting process hassle free while also diversifying the candidate pool, it has raised $6.5 million in Series A funding. It automates parts of recruiters’ jobs, like finding job candidates and sending the initial outreach emails. Read more
The Boston-based startup raised $20 million Series B equity round. Fortify is attempting to stake out a claim in material deposits. Using digital light processing (DLP) tech, the company can mix and print in a variety of different materials, with a wide range of properties. Read more
E-commerce marketing startup Yotpo raises $230M at a $1.4B valuation. The platform currently consists of four main products — Yotpo SMS Marketing, Yotpo Loyalty & Referrals, Yotpo Reviews and Yotpo Visual UGC — which integrate with each other, as well as with e-commerce platforms. Read more
Brazilian startup developed software that can analyze the data coming off of the sensors to predict when a machine might need maintenance. Read more
Fort Robotics manages to raise $13 million. The newer company is focused more on safety software, for collaborative robotics and other autonomous systems. Among the other issues being tackled by the company is cybersecurity vulnerability among these sots of workplace robotics. 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: 8th March 2021 - 14th March 2021
Startup News: 1st March 2021 - 7th March 2021
Startup News: 22nd February 2021 - 28th February 2021
Startup News: 15th February 2021 - 21st February 2021
Startup News: 8th February 2021 - 14th February 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.
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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.