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

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

Happy Monday! Here are the latest weekly startup stories for you. Before starting the new week, let's grab the latest updates from the startup world.

 

11th January, Monday

 

Startup News

Picture Courtesy: Square Off

1. Square Off introduces a rollable connected chess board

The India based startup Square Off, has been performing rapidly on technological development on their sphere and introduces a physical chess game with competitors across the globe. Unlike past offerings, the company won’t be going through a crowdfunding site, expects to bring the product to market around March, priced at $199. Read more.

2. Revolut applies for UK banking license

U.K. based fintech startup Revolut, has applied for a banking license so far, already has a banking license in the European Union. This startup has credibly expanded from that simple premise.User can buy cryptocurrencies, stocks and commodities. Beside that also set money aside in a vault, even get travel and mobile phone insurance products. Read more.

 

12th January, Tuesday

 

Startup News

Picture Courtesy: uasweekly

1. Roboflow raises $2.1M for its end-to-end computer vision platform

Roboflow, a startup that aims to simplify the process of building computer vision models, has raised a $2.1 million. Startup plans to use the new funding to expand its team. Read more.

2. Electric air taxi startup Archer to collaborate with FCA

California-based air taxi startup Archer is partnering with automaker FCA on production of its electric aircraft. Archer is creating the world’s first all-electric airline that moves people throughout the world’s cities in a quick, safe, sustainable and cost-effective manner. Read more.

3. Jobber raises $60M as its platform for home services professionals

The Canadian startup Jobber, a platform is focused around management software to help sole-traders and small home services businesses. Jobber’s funding can be seen as part of a bigger trend of startups building services for later adopters in the B2B world. Read more.

4. Snap acquires location data startup StreetCred

A New York City startup building a platform for location data streetCred acquired by snapchat holding company Snap. A big factors of that strategy is the Snap Map, which allows users to view public snaps from a given area and to share their location with dear ones. the financial terms of the acquisition were not disclosed, the existing StreetCred platform will be closed down as part of the deal. Read more.

 

13th January, Wednesday

 

Startup news

Picture Courtesy: Gainful

1. Iziwork raises $43 million for its momentary work platform

French startup Iziwork has raised a $43 million, with this funding company plans to expand to new countries and improve its tech product. The company has been making a platform focused on accelerating pro term employment. Seekers can consider it as a tech-enabled version of the good old employment agency. Read more.

2. Gainful raises $7.5M for personalized sports nutrition

Gainful, a startup it has raised $7.5 million in Series A funding, company offering customize subscriptions to protein powders and hydration products. All Gainful products are made without artificial colors, flavors or sweeteners, and they’re gluten-free and soy-free as well. Read more.

3. Stacklet raises $18M for its cloud governance platform

A Cloud Governance startup Stacklet, has raised an $18 million Series A funding and plans to utilise funding in carraying out product dvelopment process hassle-free. Company helps businesses in managing their data governance stance across different clouds, accounts, policies and regions, with a focus on security, cost optimization and regulatory compliance. Read more.

4. Rho, a startup bank aimed at high-growth businesses, raises $15M Series A

The NYC-based fintech Rho Technologies, has raised a $15 million Series A round led by M13 Ventures. Funding to further expand their commercial banking platform aimed at high-growth businesses. The platform is align toward companies that require more autonomy in business banking and will map quite well to the current distributed work attributes, post-pandemic. Read more.

5. Rapyd raises $300M on a $2.5B valuation to boost its fintech API service

Rapyd, API fintech service provider has raised $300 million, this platform covering payments, banking services, fraud protection and more. Rapyd is seeing its strongest growth yet, onboarding about 500 new customers each week. Read more.

 

14th January, Thursday

 

Startup News

Picture Courtesy: Swimm

1. Swimm raises $5.7M to help teams document their code

Swimm, has raised a $5.7 million aims to develops documentation for their code by automated system process. Using its code browser, you also can easily find all of the documentation that relates to a given file. It allows for rapid and insightful onboarding on any codebase. Read more.

2. Thimble teaches kids STEM skills with robotics kits

The New York-based educational technology startup Thimble co-founded by Joel Cilli in Pittsburgh, is now around 60% closed on its seed round of $1 million. It offers a subscription service for STEM-based projects that allow kids to make robotics, electronics and other tech stuff via online education platform. The company today offers up to 15 different STEM-focused project kits and a curriculum live. Read more.

3. Mosaic raises $18.5M to rebuild the CFO software stack

Mosaic is a strategic finance platform”raised $18.5 million of Series A funding. Mosaic focuses on reporting and planning, the mainstays of the finance office, it wants to open those dashboards and forecasts wider into the company. Read more.

4. Harness snags $85M Series C on $1.7B valuation as revenue grows 3x

The startup Harness, snag $85 million Series C on a $1.7 billion valuation. Company has a reputation of being a good place to work, recently landing on Glassdoor’s best companies list. Company ceo's Bansal says that he started the company with the goal of making every company as good as Google or Facebook when it comes to engineering efficiency. Read more.

5. Carbyne raises $25M for a next-generation platform to improve emergency 911 responses

An Israeli startup Carbyne, has built a cloud-based platform aimed at emergency services and to provide additional telemedicine services to start communication faster. During he hour of crises like Covid 19 Carbyne’s technology has come into its own as a way not just to help those people do their jobs better by providing them with more data, it will dramatically upgrade communications in the immediate hour that matter most. Read more.

 

15th January, Friday

 

Startup News

Picture Courtesy: Medium/Glose

1. Corporate credit card platform Moss raises $25.5 million

Moss, German startup has raised a $25.5 million (€21 million) funding round led by Valar Ventures. Moss offers credit cards and a spending platform to small and medium businesses in Germany. It higher credit card limits compared to credit cards offered by traditional financial institutions , as it doesn't offer debit card services. The company has issued 1,000 credit cards and has processes 10,000 transactions so far.

2. Everlywell raises $75M from HealthQuest Capital following its recent $175M Series D round

Austin-based health testing kit startup Everlywell, has raised $75 million, company will use this funds in to provide liquidity to existing investors, so the startup’s $1.3 billion valuation from December still holds. Company develops at-home testing kits for a range of health concerns, recently it also launched COVID-19 home collection test kit in 2020. Read more.

3. Medium acquires social book reading app Glose

Medium is acquiring Paris-based startup Glose for an unrevealed amount. Glose has been building iOS, Android and web apps that let you buy, download and read books on your devices. Glose has partnered with 20,000 publishers so that you can buy e-books directly from the app and Medium now plans to expand beyond articles and blogs. into integrating e-books and audio books to its service. Read more.

4. Seattle shampoo startup Gemma Labs raises $2.75M to grow custom haircare kit service

The Seattle startup Gemma Labs raised $2.75 million round from PSL Ventures and other investors. Gemma Labs uses in-house scientists to prepare special shampoos for individual customers, on the basis of individual hair and scalp needs. Read more.

 

16th January, Saturday

 

Startup News

 

1. Tracy Chou launches Block Party to combat online harassment and abuse

An anti-harassment startup Block Party, that aims to help folks feel safer on social media founded by Tracy. At present, available for Twitter, it helps people filter out the content they don’t want to see and into what Block Party calls the Lockout Folder. Block Party has raised a bit less than $1.5 million in funding. Block Party is right now free but plans to introduce subscription tiers. Read more.

2. Enterprise tech startups among big winners in recent VC deals

US online sector landed some $15 billion in funding in the fourth quarter, spurred in part by pandemic’s impact on digital-focused initiatives. Startups that offers vital cloud-based business software witnesses to be among the winners of 2020’s venture-capital deals. Read more.

3. Prarambh: Startup India International Summit

This program focus on startups as well as catalyzed the Indian startup ecosystem and accelerated Indian entrepreneurs building innovative solutions for Indian and global needs. The summit marks the 5th Anniversary of “Startup India” launched by Shri Narendra Modi, Hon’ble Prime Minister of India on January 16, 2016. Read more.

 

17th January, Sunday

 

Startup News

Picture Courtesy: Deliveroo

1. Amazon-backed food delivery firm Deliveroo is now worth $7 billion

UK-headquartered Deliveroo, is now worth $7 billion after raising $180 million in latest funding. Insider reported this week that UK-based Deliveroo could be valued at up to $13.6 billion when it floats, with one source pegging April for an IPO date. Read more.

2. IRFC, Indigo Paints IPOs to open this week

The IPOs of Indian Railway Finance Corporation (IRFC) and Indigo Paints will hit the capital markets coming week to raise a combined ₹5,800 crore. IRFC issue would be open for public subscription from January 18 to January 20, while the IPO of Indigo Paints would open on January 20 and conclude on January 22. 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: 4th January 2021 - 10th January 2021

Startup News: 28th December 2020 - 3rd January 2021

Startup News: 21st December 2020 - 27th December 2020

Startup News: 14th December 2020 - 20th December 2020

Startup News: 7th December 2020 - 13th December 2020

Startup News: 30th November 2020 - 6th December 2020

 

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.

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.

Comments

Blank User| OpenGrowth

browningsrussell@gmail.com

8th Jan'23 04:30:38 PM

It took 11 months but I was able to get my money back. Earlier this year I got entangled with a military doctor serving in Syria via a hookup site, we chit-chatted for weeks and she introduced me to cryptocurrency that she has earned massively. I was tempted to try it as I was going through some financial challenges after my chaotic divorce. I did invest $393,000.00 AUD dollars which I got from my divorce settlement. That's when I realized I have been swindled. Months later, I came across a testimonial, I never thought that after all these months I will be able to recover my lost Bitcoin from those scammers but ( Cybergenie@cyberservices.com )WhatsApp (+1) 252-512-0391). made that possible, here I am with a grateful heart to CYBER GENIE INTERCONTINENTAL…

Blank User| OpenGrowth

mcconnellk538@gmail.com

31st Dec'22 12:17:35 PM

FIX YOUR CREDIT SCORES AND CLEAN CRIMINAL RECORDS Hey there, I am Kevin, live here in Canada. I hate to say this because I am not proud of it, but for the interest of those who maybe going through similar predicaments; I had criminal record that deprived me of so many job opportunities alongside hard inquiries and about 16 derogatory items which messed up my report and lowered my credit score to low 540 (TransUnion) 580 (Equifax) and 560 (Transunion). I couldn't meet up with so many payments and I had plenty debts, it was going to ruin my life until I read testimonies about came Hack West on a blog and how they can help clean criminal records as well as fixing credit, I thought it was all a faux but something told me to give it a try and after few days, my record was wiped clean and my credit was brought up to 830. I'm so excited and I strongly recommend H A C K W E S T @ W R I T E M E . C O M to anyone who might need his help. You can also WhatsApp: +1 ( 4 2 4) 3 0 7-2 6 3 8.

Blank User| OpenGrowth

Albertwalker922@gmail.com

22nd Nov'22 09:51:39 PM

Good day to all viewer online, my name is Albert Walker I am so overwhelmed sharing this great testimony on how i was checking for solution in the internet while miraculously i came across Dr Kachi who brought my ex Girlfriend back to me, This is the reason why i have taken it upon myself to thank this great spell caster called Dr Kachi, because through his help my life became more filled with love and i am happy to say that my ex Girlfriend who has been separated from me for the past 2years came back to me pleading for me to accept her back, This was a shocking to me my partner is very stable, faithful and closer to me than before, because before i contacted Dr Kachi i was the one begging my ex Girlfriend to come back to me but through the assistance of Dr Kachi, I now have my relationship restored. You can also have a better relationship only if you Contact Dr Kachi Website, https://drkachispellcast.wixsite.com/my-site OR Email: drkachispellcast@gmail.com You can reach him Call and WhatsApp Number:+1 (209) 893-8075

Blank User| OpenGrowth

DARKWEBONLINEHACKERS@GMAIL.COM

9th Oct'22 07:55:14 PM

GET RICH WITH BLANK ATM CARD, Whatsapp: +18033921735 I want to testify about Dark Web blank atm cards which can withdraw money from any atm machines around the world. I was very poor before and have no job. I saw so many testimony about how Dark Web Cyber hackers send them the atm blank card and use it to collect money in any atm machine and become rich. {DARKWEBONLINEHACKERS@GMAIL.COM} I email them also and they sent me the blank atm card. I have use it to get 500,000 dollars. withdraw the maximum of 5,000 USD daily. Dark Web is giving out the card just to help the poor. Hack and take money directly from any atm machine vault with the use of atm programmed card which runs in automatic mode. You can also contact them for the service below * Western Union/MoneyGram Transfer * Bank Transfer * PayPal / Skrill Transfer * Crypto Mining * CashApp Transfer * Bitcoin Loans * Recover Stolen/Missing Crypto/Funds/Assets Email: darkwebonlinehackers@gmail.com Text & Call or WhatsApp: +18033921735 WEBSITE: https://darkwebonlinehackers.com

Get $5,500 USD every day, for six months! See how it works. What'sApp : +393512615163 I want to testify about Dark Web blank atm cards which can withdraw money from any atm machines around the world. I was very poor before and have no job. I saw so much testimony about how Dark Web hackers send them the atm blank card and use it to collect money in any atm machine and become rich. Email : carolblankatmcard@gmail.com Hangout : carolblankatmcard@gmail.com What'sApp : +393512615163 They also sent me the blank atm card. I have used it to get 90,000 dollars. withdraw the maximum of 5,000 USD daily. The Dark Web is giving out cards just to help the poor. Hack and take money directly from any atm machine vault with the use of an atm programmed card which runs in automatic mode.