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

  • 26th Apr'21
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Good Morning Monday!! Here we enter in a new week and its time to get a fresh round with latest trending startup news insights. Let's dive in.

 

19th April, 2021

 

Weekly News

 

1. Zoom launches $100M Zoom Apps investment fund

Zoom announced a $100 million investment fund to encourage the most promising startups using the Zoom toolset to launch a business by giving them funding, The fund gives startup founders one more option to get some funding to get their idea off the ground. Read more

2. Popl tops $2.7M in sales for its technology that replaces business cards

The startup has been successfully leveraging social media to get its modern-day business card alternative in front of a wider audience. Popl uses NFC technology to make sharing contact information as easy as using Apple Pay. Read more

3. Knox Financial raises $10M to take the pain out of being a landlord

Boston based startup Knox Financial, aims to help people identify and manage residential rentals with its algorithm-based platform, and it’s raised a $10 million Series A to help it further that goal. Read More

4. Alan raises $220 million for its health insurance and healthcare superapp

French startup Alan, has been building health insurance products from scratch has raised a $220 million funding round at a $1.67 billion valuation. Click to know more

 

20th April, 2021

 

Weekly News

 

1. UiPath raises IPO range, still targets lower valuation than end private round

Robotic process automation unicorn UiPath is set to go public, UiPath raised its IPO range from $43 to $50 per share, to $52 to $54 per share. Read more

2. Druva raises $147M at a valuation north of $2B as the cloud rush continues

A software company Druva, that offers cloud data backup services, it has closed a $147 million round of capital. The selection of Druva by Dell could help provide the unicorn with a customer base to sell into for some time. Read more

3. Payhawk raises $20M to unify corporate cards, payments and expenses

Payhawk is building a unified system to manage all the money that is going in and out. Fintech startup has raised a $20 million funding round. Read more

4. Indonesian edtech CoLearn gets $10M Series A

CoLearn, an edtech startup based in Indonesia raised Series A funding of $10 million. The fund raise also marks the US-based fund’s very first investment in Indonesia. Click to read more

5. ‘Pure’ nutritional supplements startup Feel closes $6.2M investment,

U.K. startup Feel, has a direct-to-consumer subscription model, and is claiming a 60x growth in its first year and 21,000 active subscriptions. Read more

 

21st April, 2021

 

Weekly News

 

1. Grip Security raises $6M to improve SaaS security

Tel Aviv-based Grip Security, has raised a $6 million seed round led by cybersecurity centered venture capitalists. Grip Security currently has about to use the new funding to build out its platform with additional capabilities. Read more

2. BlaBlaCar raises $115 million to build all-in-one travel app

French startup BlaBlaCar has raised a new $115 million funding round. The company wants to build a multimodal app where you can find all shared travel -carpooling, buses and soon trains. Read more

3. Discount grocery startup Misfits Market raises $200M

New Jersey-based startup Misfits Market, known for selling “ugly” fruits and vegetables at discount prices, has raised $200 million in Series C funding. Products are discounted by up to 40% compared to what you’d find in other grocery stores. Read more

4. Authzed scores $3.9M seed to build permissions API service

Authzed, an early-stage startup that wants to make it easier for developers to build permissions in their applications, announced a $3.9 million seed round. Read more

 

22nd April, 2021

 

Weekly News

 

1. Ornikar raises $120M as its driving school marketplace goes up a gear with car insurance

A French startup Ornikar, which offers people for driving tests by providing online driver education courses. Ornikar’s internet-based offering represented a step change in how French people learned to drive. Read more

2. Dutch startup GO Sharing raises $60M to expand into new markets

Go Sharing, which has a fleet of round 5,000 e-mopeds throughout in 30 cities in three nations. Go Sharing, which has a fleet of round 5,000 e-mopeds throughout in 30 cities in three nations. Read more

3. Bux, a European Robinhood, raises $80M to expand its neo-broker platform

Amsterdam startup Bux, that lets people invest in shares and exchange-traded funds (ETFs). New investment to expand its geographical footprint and its tech platform and services to users. Read more

 

23rd April, 2021

 

Weekly News

 

1. Hyundai invests in teleoperations startup Ottopia as part of $9M round

Ottopia has raised a total of $12 million to date, and Rosenzweig has already set his sights on a larger round to help fund the company’s growth. Read more

2. Tiger Global backs Indian crypto startup at over $500M valuation

CoinSwitch Kuber, a startup that allows young users in India to invest in cryptocurrencies, it has raised $25 million in a new financing round as it looks to expand its reach in India. Read more

 

24th April, 2021

 

Weekly News

 

1. Introvoke raises $2.7M to power online events that can be embedded anywhere

San Francisco-based Introvoke is a Techstars Accelerator graduate aiming to serve this third-wave solution. The startup offers components like virtual stages, chat rooms and networking hubs, all customizable and embeddable on a customer’s website. Read more

 

25th April, 2021

 

Weekly News

 

1. Impel Neuropharma raises $80M in Washington state’s first IPO of 2021

Seattle-based biotech company Impel NeuroPharma raised $80 million in its initial public offering. This is first Washington state company to go public in 2021 via a traditional IPO. 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: 12th April 2021 - 18th April 2021

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.


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