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

  • 28th Jun'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.

 

21st June, 2021

 

Startup weekly news

 

1. Amber Group Valued at $1B in $100M Funding Round

Amber Group, a Hong Kong-based cryptocurrency trading startup, said on Monday it has raised $100 million in a Series B funding round at a pre-money valuation of $1 billion. read more

2. Vietnamese financial services app MFast gets $1.5M pre-Series A

Launched in 2019 by fintech company DigiPay, MFast a mobile app that lets Vietnamese users in remote areas access financial services, has raised a $1.5 million pre-Series A. The funding will be used to expand MFast to more cities and provinces in Vietnam, read more

3. WaitWhat raises $12M to double down on what comes after podcasts

WaitWhat, co-founded by two of the people who helped conceive of and build the TED digital media empire, has closed a round of $12 million. Company plans to use the money to continue producing content, read more

4. DataRails books $25M more to build better financial reporting tools for SMBs

An Israeli startup called DataRails has raised $25 million. It initially set out to create a more general-purpose product that could help analyze and visualize anything from Excel, read more

 

22nd June, 2021

 

Startup weekly news

 

1. Electric Bike Startup UBCO Raises $10M In Funding

New Zealand-based e-bike firm UBCO recently announced the acquisition of $10 million (USD) in funding for expansion and development. Fund is for global expansion, focused on the U.S. market and scale up its commercial subscription service business. read more

2. Mobile commerce startup Via rounds $ 15 million in Series A funding

Via, a two-year-old, Bay Area-based startup, also insists that unlike a growing group of startups that aim to help retailers and others deliver their SMS marketing messages, read more

3. Vienna’s GoStudent raises $244M at a $1.7B valuation for its online tutor marketplace

The Vienna, Austria-based startup GoStudent, a marketplace where K-12 students (and their parents) can find and engage with one-to-one video-based tutors in a variety of subjects. Company has raised €205 million ($244 million) in a Series C round is now live in 18 countries, read more

4. Transmit Security raises $543M Series A to kill off the password

The Boston startup Transmit Security envisioned a future wherein passwords are a thing of the past. Company had rasied massive $543 million for its Series A Funding. read more

 

23rd June, 2021

 

Startup weekly news

 

1. Holy Grail raises $2.7M seed fund to create modular carbon capture devices

Startup based in Cupertino-Holy Grail, recently raised $ 2.7 million in seed funding to create modular carbon capture devices. The idea has attracted attention and capital from well-known investors and founders, read more

2. Aircall raises $120 million for its cloud-based phone system

 Aircall has raised a $120 million Series D round, he company has reached unicorn status, which means it has a valuation above $1 billion. has been building a cloud-based phone system for call centers, support lines and sales teams, read more

3. Autonomous trucking startup Embark to go public in $5.2B SPAC deal

Self-driving truck startup Embark Trucks Inc.was targeting “driver-out,” or operating on roads without a safety driver, by 2023 and launching at a commercial scale across the American region, read more

 

24th June, 2021

 

Startup weekly news

 

1. Visa Buys Swedish Fintech Tink for More Than $2 Billion

Swedish startup Visa Inc. agreed to pay more than $2 billion for Tink, whose digital services connect more than 3,400 banks and financial institutions in Europe. read more

2. Accept.inc secures $90M in debt and equity to scale its digital mortgage lending platform

Denver-based company Accepti.inc, attempting to create a new category in real estate technology. Accept.inc describes itself as a “technology-enabled lender” that gives people a way to submit all-cash offers on a home, read more

 

25th June, 2021

 

Startup weekly news

 

1. Musculoskeletal medical startups race to enter personalized health tech market

Melton, a lead investor in health tech startups including Livongo, Tia and Calibrate, says the care pathway ages well. read more

2. Mercuryo raises $7.5M for crypto-focused cross-border payments after crossing $50M in ARR

Mercuryo, a startup that has constructed a cross-border funds community, has raised $7.5 million. Mercuryo goals to make use of cryptocurrencies as a device for placing in movement next-gen cross-border transfers, read more

3. Edge Delta raises $15M Series A to take on Splunk

Seattle-based Edge Delta, a startup that is building a modern distributed monitoring stack that is competing directly with industry heavyweights, read more

 

26th June, 2021

 

Startup weekly news

 

1. PharmEasy to acquire 66% stake in Thyrocare for over Rs 4,500 crore 

Online pharmacy startup PharmEasy is acquiring a majority stake in diagnostics chain Thyrocare Technologies, read more

2. India's plan to permit space startups to build rocket launchpads 

Indias plan to allow space startups and private firms to build their own launchpads to launch rockets, read more

 

27th June, 2021

 

Startup weekly news

 

1. How Inflection Point Ventures (IVP) Enables India's Salaried-class To Invest In Startups

Inflection Point Ventures is one of India's largest angel investment platforms. It helps budding entrepreneurs with funds and expertise to turn their ideas into startups with real value, 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: 14th June 2021 - 20th June 2021

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

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

Startup News: 24th May 2021 - 30th May 2021

Startup News: 17th May 2021 - 23rd May 2021

Startup News: 10th May 2021 - 16th May 2021

Startup News: 3rd May 2021 - 9th May 2021

Startup News: 26th April 2021 - 2nd May 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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