Startup News: 16th Aug 2021 - 22nd Aug 2021

  • 23rd Aug'21
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Good Morning Monday!! As we enter a new week, let’s take a look at the latest trending startup news insights.

 

16th August, 2021

 

Weekly Startup news

 

1. Cisco beefing up app monitoring portfolio with acquisition of Epsagon for $500M

Cisco acquiring Israeli applications-monitoring startup Epsagon at a price pegged at $500 million. The purchase gives Cisco a more modern microservices-focused component for its growing applications-monitoring portfolio. Read more

2. Shopistry bags $2M to provide ‘headless commerce without the headaches’

The e-commerce startup announced $2 million in seed funding to continue developing its toolkit of products, integrations, services and managed infrastructure for brands to scale online. Read more

 

17th August, 2021

 

Weekly Startup news

 

1. Quizzing app Zupee raises $30 million, valuation jumps to half-a-billion dollars

Zupee has raised about $49 million. The 3-year-old startup would also be looking for strategic acquisition to further accelerate its growth. Read more

2. MyGlamm acquires BabyChakra, will invest in mother and baby care content

D2C beauty and personal care brand MyGlamm has acquired online parenting startup BabyChakra. BabyChakra is an online parenting platform that has created a virtual care ecosystem of parents, read more

3. Edtech platform Yellow Class raises $6 million in a funding round

Edtech startup Yellow Class has raised $6 million in a Series A round. Yellow Class plans to expand its presence in 500 cities in India and international markets. Read more

 

18th August, 2021

 

Weekly Startup news

 

1. RaRa Delivery gets fund for its ambitious on-demand delivery plans in Indonesia

Launched in 2019, RaRa Delivery relies on a proprietary engine that batches orders and optimizes delivery routes based on data like real-time traffic information. Read more

2. MobileCoin closes on $66 million in equity in Series B round

San Francisco-based company MobileCoin, is focused on enabling privacy-protecting payments made through “near instantaneous transactions” over one’s phone. Read more

 

19th August, 2021

 

Weekly Startup news

 

1. Social listening app Earbuds raises $3 million in Series A funding

Earbuds has allowed users — whether they’re famous artists, NFL stars or ordinary people — to share their favorite playlists, livestream music like a DJ and comment on other people’s music picks. Read more

2. Diamond Age raises $8M to speed up home construction with 3D printing and robot arms

Bay Area-based Diamond Age announced that it has raised $8 million. the company is looking to target the housing crunch in its Bay Area backyard. The systems will be available to construction companies through a RaaS (robotics as a service) rental model. Read more

 

20th August, 2021

 

Weekly Startup news

 

1. ComeBack Mobility's Smart Crutch Tips, a telemedicine device designed to aid the recovery of patients with leg injuries.

Telemedicine company ComeBack Mobility is one of the startups on that list. Established in 2020, the company has designed a telemedicine device that attaches to the end of walking crutches and helps aid patients' recovery from leg injuries. Read more

2. How this husband-wife duo launched a startup while battling cancer and homeschooling their kids

Magicall, a video calling app that allows children to play games and read books remotely with family and friends. The app is meant to hold children’s attention while allowing for quality time with relatives. Read more

 

21st August, 2021

 

Weekly Startup news

 

1. Portland startup wants to build the ‘most inclusive and the most diverse’ kids media brand

Circle Media, a successful tech company that provides parents with tools for regulating their kids’ use of devices and apps. Read more

2. Lightspeed-backed Indian B2B manufacturing startup joins unicorn club

Zetwerk helps small and medium-sized enterprises translate digital designs into physical products. Its global network includes over 250 customers and more than 2,000 suppliers across 15 countries, read more

3. London e-bike startup to take crypto payments

Fulham-based FuroSystems, a startup manufacturing e-bikes and e-scooters has become the latest London-based company to announce it is to allow customers to pay in cryptocurrency. Read more

 

22nd August, 2021

 

Weekly Startup news

 

1. A startup is stuffing teddy bears with recycled cigarette butts

Collecting the cigarette butts, CODE Effort’s workers extract the leftover tobacco and paper, which are then composted and sold to farmers. The plastic filter that left get processed and used for stuffing soft toys, cushions and more. Read more

2. The inclusive female-founded makeup startup with a grass-roots strategy

Taking a grass-roots approach and stopping women on the street to ask them to serve as skin tone models over the years. The sisters were searching for flawless coverage makeup that wouldn’t further irritate sensitive, acne-prone skin. 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: 9th Aug 2021 - 15th Aug 2021

Startup News: 2nd Aug 2021 - 8th Aug 2021

Startup News: 26th July 2021 - 1st Aug 2021

Startup News: 19th July 2021 - 25th July 2021

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

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

Startup News: 28th June 2021 - 4th July 2021

Startup News: 21st June 2021 - 27th June 2021

Startup News: 14th June 2021 - 20th June 2021

Startup News: 7th June 2021 - 13th June 2021

Startup News: 31st May 2021 - 6th June 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.


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