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

  • 26th Jul'21
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Good Morning Monday!! As we enter a new week, let’s get a round of latest trending startups news insights.

 

19th July, 2021

 

Weekly Startup News

 

1. Rise Gardens grows with $9M Series A to help anyone be an indoor farmer

Rise Gardens is differentiating itself from those competitors by making its gardens from powder-coated metals and glass. Rise Gardens grows with $9 M Series A funding to help anyone be an indoor farmer. Read more

2. India’s GlobalBees raises $150 million to build Thrasio-like house of brands

GlobalBees acquires and partners with digitally native brands across varied categories it has raised $150 million in a Series A financing round led by FirstCry. Read more

3. Go1 raises $200M at a $1B+ valuation to boost its curated enterprise learning platform

Go1, which provides curated online learning materials and tools to businesses using “playlists” that tap content from multiple publishers and silos, has closed a round of $200 million. Read more

 

20th July, 2021

 

Weekly Startup News

 

1. Choco bites into $100M Series B, at a $600M valuation, to build a more transparent, sustainable food supply chain

Berlin-based Choco, which has built ordering software for restaurants and their suppliers, is working to digitize the food supply chain and announced $100 million in Series B funding. Read More

2. Indian food delivery startup Swiggy raises $1.25 billion led by SoftBank and Prosus

Swiggy has closed a $1.25 billion financing round. The new round, which Swiggy says was “heavily oversubscribed,” gives the six-year-old food delivery startup a post-money valuation of $5.5 billion. Read more

 

21st July, 2021

 

Weekly Startup News

 

1. Cyber risk startup Safe Security lands $33M from UK telco BT

Safe Security, a Silicon Valley cyber risk management startup, has secured a $33 million investment from U.K. telco BT. It allows companies measure and mitigate business-extensive cyber hazard via using its evolutive framework, read more

2. Spendesk raises $118 million for its corporate spend management service

The startup offered for the first time virtual and physical company cards for employees, it has raised a round of financing of 118 million dollars. Spendesk has expanded beyond cards to manage expenses and invoice processing. Read more

3. Zebra raises $1.1M in a pre-seed round for messaging that pairs photos with voice chat

Zebra focuses on asynchronous sharing, but it also lets users call one another if they’re both already hanging out on the app. Read more

4. Epic Games acquires Sketchfab, a 3D-model sharing platform

New York-based startup Sketchfab has been acquired by Epic Games. Sketchfab has been building a platform to upload, download, view, share, sell and buy 3D assets. Read more

5. Biosafety startup R-Zero acquires CoWorkr to create an ‘OS for the workplace’

R-Zero, a pandemic-era biosafety company, acquires CoWorkr - a company that develops room occupancy sensors. R-Zero plans to develop an internet of things-style sensor network to manage both personnel and cleaning in the workplace, read more

 

22nd July, 2021

 

Weekly Startup News

 

1. Instant grocery startup Gopuff to raise $1B on a $15B post-money valuation

Gopuff, the “instant” grocery delivery startup that has been on an acquisition and expansion, is also aiming to raise $1 billion in a funding round that would bring the company’s valuation up to $15 billion. Read more

2. Sendlane raises $20M to convert shoppers into loyal customers

San Diego-based Sendlane, multichannel marketing automation platform raised $20 million in Series A funding. Set out to build their own email marketing automation platform for customers, read more

3. Magic lands $27M Series A for its ‘plug and play’ passwordless tech

Magic, a San Francisco-based startup that builds “plug and play” passwordless authentication technology, has raised $27 million in Series A funding. The company now plans to continue to scale its platform and expand its team, read more

4. Yoobic raises $50M for its chat and communications app

Yoobic, which provides an app for frontline and service workers to manage tasks, communicate with each other and management, has raised about $50 million. The funds will be used to hire more peopl and expand geographically, read more

 

23rd July, 2021

 

Weekly Startup News

 

1. Mint’s first PM raises millions for Monarch, money management platform

The startup intentionally opted to not be ad-supported or sell customers’ financial data. Monarch, a subscription-based platform has raised $4.8 million in seed funding. Read more

2. Serverless Stack raises $1M for open-source application framework

Open-source framework startup Serverless Stack it raised $1 million in seed funding from a group of investors. It's technology enables engineers to more easily build full-stack serverless apps. Read more

 

24th July, 2021

 

Weekly Startup News

 

1. BYJU’S Acquires Toppr And Great Learning In A $600Mn Deal

Bengaluru-based edtech unicorn BYJU’S has acquired edtech companies Toppr and Great Learning. With these deals, the total number of startups acquired by BYJU’S has now touched 15. Read more

2. Khosla Ventures leads Even’s $5M seed to give India the kind of healthcare their insurance doesn’t

The Bangalore-based company Even, received a fresh cash infusion of $5 million in seed funding in a round led by Khosla Ventures. Even, a healthcare membership company, aims to cover what most insurance companies, read more

 

25th July, 2021

 

Weekly Startup News

 

1. Workforce training startup OpenSesame raises $50M

Portland, Ore.-based OpenSesame raised $50 million in new funding, it helps businesses with online learning tools for their workforce. Read more

2. Queenly Raises $6.3M in Funding

Queenly, a marketplace and search engine for the formalwear industry, has raised $6.3 million in funding led by Andreessen Horowitz, bringing their total funding to date to $7.1 million. Read more

3. Continuous Composites Raises $17M in Series A Funding

Idaho-based additive manufacturing company -Continuous Composites Inc., raised $17M in Series A funding. 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 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.

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*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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