Startup News: 8th February 2021 - 14th February 2021

  • 15th Feb'21
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Good Morning Monday! Let's explore what's new in the startup world. Here are the latest weekly startup stories for you. Have a proactive week ahead.

 

8th February, Monday

 

Getaway

Picture Courtesy: Getaway

1. Getaway raises $41.7 Million

The Getaway approach seemed to resonate in 2020, with bookings increasing 150% year-over-year and the startup’s Outposts operating at nearly 100% occupancy and today it’s announcing that it has raised $41.7 million in Series C funding. Read more

2. Indian health tech startup Phable raises $12 million to serve patients with chronic conditions

Phable, a three-year-old health tech startup that is serving patients with chronic illnesses in India, has raised $12 million in a new financing round as it looks to scale in the world’s second most populated nation. Read More

3. InEvent raises $2M for its virtual conference platform

InEvent, a startup powering virtual and hybrid events, is announcing that it has raised $2 million in seed funding from Storm Ventures. Read More

 

9th February, Tuesday

 

Getty

Picture Courtesy: John Lund / Getty Images, Techcrunch

1. SentinelOne to acquire Scalyr for $155M

SentinelOne, a late-stage security startup that helps customers make sense of security data using AI and machine learning, announced today that it is acquiring high-speed logging startup Scalyr for $155 million in stock and cash. Read More

2. A startup making hydrogen extracts cash from Bill Gates’ climate tech fund

C-Zero is developing a technology that converts natural gas to hydrogen, a much cleaner source of fuel, and solid carbon as the only waste stream for use in electrical generation. Read More

3. Mexican online grocer Jüsto raises $65M in General Atlantic-led Series A

Justo, an online supermarket based in Mexico City, announced Tuesday it has raised $65 million in a Series A round led by General Atlantic. Read More

 

10th February, Wednesday

 

Mighty-Buildings-new

Picture Courtesy: Techcrunch

1. Mighty Buildings nabs $40M Series B to 3D print your next house

The company takes a hybrid approach to home construction, combining 3D printing and prefab (meaning built offsite) building, according to co-founder and COO Alexey Dubov. Read More

2. TomoCredit raises $7M to help the cash rich and credit poor

Co-founder and CEO Kristy Kim came up with the concept for the company after being rejected multiple times for an auto loan while in her early 20s. Read More

3. Israeli startup CYE raises $100M to help companies shore up their cyber-defenses

Cybersecurity startup CYE has raised $100 million in a new growth round, led by investment firm EQT and with participation from 83North. Read More

 

11th February, Thursday

 

Quilt

Picture Courtesy: Quilt

1. Quilt raises $3.5 million in seed

Quilt allows anyone to start a room for a conversation, dropping a line or two of text to describe what they want to talk about. Read More

2. Lang.ai snags $2M to remove technical burden of implementing AI for businesses

The company’s SaaS platform aims to allow business users to structure any free-text data with custom categories built through a drag & drop interface, based on AI-extracted concepts. Read More

3. Accord launches B2B sales platform with $6M seed

The founders of Accord, an early-stage startup focused on bringing order to B2B sales, are not your typical engineer founders. Read More

 

12th February, Friday

 

Intenseye

Picture Courtesy: Intenseye

1. Intenseye raises $4M to boost workplace safety through computer vision

Workplace injuries and illnesses cost the U.S. upwards of $250 billion each year, according to the Economic Policy Institute. -backed startup Intenseye, a machine learning platform, has raised a $4 million seed round to try to bring that number way down in an economic and efficient way. Read More

2. Treinta announces $500K+ in funding for its microbusiness financial app

Treinta, a startup that is part of the Winter 2021 Y Combinator cohort, announced this morning that it has raised north of half a million dollars for its bookkeeping and inventory management software aimed at Latin American small businesses. Read More

3. Reduct.Video raises $4M to simplify video editing

The startup’s technology is already used by customers including Intuit, Autodesk, Facebook, Dell, Spotify, Indeed, Superhuman and IDEO. And today, Reduct is announcing that it has raised a $4 million round led by Greylock and South Park Commons. Read More

 

13th February, Saturday

 

Immunai

Picture Courtesy: Immunai

1. Immunai raises $60M as it expands from improving immune therapies to discovering new ones,

Immunai’s approach to developing new insights around the human immune system uses a “multiomic” approach — essentially layering analysis of different types of biological data. Read More

2. A Dallas-based founder looks to tackle the student loan crisis with his startup, College Cash

College Cash allows brands to petition users to create photo and video marketing content highlighting their product or service, with the wrinkle being that content creators are paid by the brands in the form of credits that go directly toward paying down their student loan debt. Read More

3. Online workspace startup Notion hit by outage

Notion, the online workspace startup that was last year valued at over $2billion, was knocked offline after a DNS outage. Read More

 

14th February, Sunday

1. Tech startups enable surgeons to supervise operations remotely during the pandemic

Several startups have found a solution, allowing surgeons to work and train from home using technology for virtual and augmented reality. 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: 1st February 2021 - 7th February 2021

Startup News: 25th January 2021 - 31st January 2021

Startup News: 18th January 2021 - 24th January 2021

Startup News: 11th January 2021 - 17th January 2021

Startup News: 4th January 2021 - 10th January 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), OpenGrowth Content Team

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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