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

  • 5th 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.

 

28th June, 2021

 

Weekly Startup News

 

1. Real estate tech startup Side raises $50M more at a $2.5B valuation as it preps for an IPO

A real estate technology company Side, has raised “$50 million-plus” in a funding. It works to turn agents and independent brokerages into boutique brands and businesses, read more.

2. Tapcart, a ‘Shopify for mobile apps’, raises a $50 million Series B

Tapcart is an e-commerce landscape by making it easier for merchants to set up their mobile app both easily at affordable range. It has closed $50 million round of Series B funding, read more.

3. Surgical robotics company CMR raises $600M

U.K.–based company CMR Surgical has raised $600 million in a Series D financing round. It will use the money to boost the global commercialization of its Versius surgical robotic system, read more.

 

29th June, 2021

 

Weekly Startup News

 

1. Language-learning app Duolingo files for US IPO

Duolingo-a Pittsburgh-based language learning business last valued at $2.4 billion. has officially filed to go public. Duolingo recorded revenue of $55.4 million for the three months ended March 31, read more.

2. SaaS-focused Acceleprise rebrands, raises $30M in new capital

Acceleprise is now Forum Ventures, and it has a bushel of funds to power its work. And befitting its new name, it is now more than merely a collection of software-focused accelerators. read more.

3. Construction robotics company Toggle raises $8M

New York-based construction startup Toggle this morning announced that it has raised an $8 million Series A. The company’s robotics technology specifically targets rebar, read more.

4. Digital greeting card startup Givingli raises $3 million seed round

Givingli, a small LA-based startup with an app aiming to challenge how Gen Z sends digital greeting cards has raised a $3 million seed round. It has more than 150 brands available including Amazon, Spotify, Nike and DoorDash. read more.

 

30th June, 2021

 

Weekly Startup News

 

1. Pietra raises $15M from Founders Fund to help creators launch

Pietra, founded in 2019, is used by entrepreneurs to create product lines in consumer categories like beauty, candles, clothing, and much more. It has announced its Series A fundraise of $15 million in a round, read more.

2. Rocket startup Gilmour Space raises $46M Series C to take its small launch vehicle to orbit

Australian rocket launch startup Gilmour Space Technologies, it’s raised a $61 million AUD ($46 million USD) Series C round to take Eris to space next year. read more.

3. Concert livestreaming platform Mandolin raises $12M

Indianapolis-based startup Mandolin, has raised $12 million Series A. Essentially the company wants to build a companion app for shows, read more.

4. Zipline raises $250M at $2.75B valuation to build out its instant logistics service

Drone delivery startup Zipline, has lifted $250 million in new funding. The company has partnered with Novant Health and fitness to supply medical devices and private protecting equipment, read more.

 

1st July, 2021

 

Weekly Startup News

 

1. Women’s social network Peanut launches microfund StartHER

Peanut, the maker of a social networking app for women, is stepping into the investment space with the launch of a microfund called StartHER. StartHER aims to tackle the difficulties specific groups have in raising their first capital, read more.

2. Mercado Bitcoin, Brazil’s first crypto exchange, raises $200M from SoftBank

A Latin American digital assets exchange-Mercado Bitcoin, has raised $200 million in Series B funding. The new capital toward expanding its service offerings and investing in infrastructure, read more.

3. Codat raises $40M from Tiger for its SMB-focused API service

Codat, a startup that provides APIs to link small-business fintech data to external services, disclosed that it has closed a $40 million round. The startup sells to financial service players, unsurprisingly, and vertical SaaS companies, read more.

 

2nd July, 2021

 

Weekly Startup News

 

1. Edtech startup Microverse raises $12.5M to bring income share agreements to the developing world

Edtech startup Microverse has tapped new venture funding in its quest to help train students across the globe to code. It has closed a $12.5 million Series A, The startup has made efforts to streamline their online program since launch. read more.

 

3rd July, 2021

 

Weekly Startup News

 

1. WinZO Raises $65 Mn In Series C Round

Gaming and entertainment platform WinZO, announced to have raised $65 million in a Series C. California-based Griffin making its first-ever investment in India, read more.

 

4th July, 2021

 

Weekly Startup News

 

1. Dutch mobility startup that makes it possible for people with disabilities to travel independently

Based in Netherlands Huka - mobility startup is developing electric wheelchair scooter trikes to improve the quality of life for people with disabilities. Huka Pendel electric scooter is a unique, eco-friendly mobility solution, read more.

2. Fourth Partner Energy Raises $125 Mn Funding

Hyderabad-based Fourth Partner Energy, has raised $125 million. The company is targeting 3 GW of installed solar capacity by 2025 along with the expansion of capabilities across new-age technologies, 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: 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

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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