Startup News: 14th June 2021 - 20th June 2021

Good Morning Monday!! As we enter a new week, let’s get a round of latest trending startups news insights.

 

14th June, 2021

 

Weekly Startup news

 

1. Motorway’s auction platform for second-hand cars raises $67.7M Series B led by Index Ventures

Motorway has raised £14 million in venture funding U.K. startup that allows professional car dealers to bid in an auction for privately owned cars for sale, read more

2. Fraud protection startup nSure AI raises $6.8M in seed funding

The Tel Aviv-headquartered Fraud protection startup nSure AI has raised $6.8 million in seed funding. Startup will invest the fund raised in developing its predictive AI and Machine Learning (ML) algorithms, read more

 

15th June, 2021

 

Weekly Startup news

 

1. Upflow raises $15 million to manage your outstanding invoices

French startup Upflow has raised a $15 million Series A round. The company wants to help you to improve your cash-cycle, read more

2. Australian ID verification startup OCR Labs raises $15M Series A to expand into UK/Turkey/Europe

OCR Labs, has announced a €12.5 million / $15 million Series A funding, The startup specializes in digital ID verification, customer onboarding, identity fraud, and regulatory compliance.

 

16th June, 2021

 

Weekly Startup news

 

1. Meet the mobile therapy startup backed by Christian Angermayer’s re:Mind Capital

Ksana Health is an Oregon-based company focus on collecting data related to mental health, and transfer that data from user to healthcare practitioners through an app. read more

2. Uberall raises $115M, acquires MomentFeed to scale up its location marketing services

We depend on location-specific data once we are on search engines like google, there stay numerous gaps in how location data hyperlinks up with correct data. startup is making an acquisition: it’s shopping for MomentFeed, a location advertising to proceed scaling its enterprise.

 

17th June, 2021

 

Weekly Startup news

 

1. Twine raises $3.3M to add networking features to virtual events

Video chat startup Twine, has now closed on $3.3 million in seed funding. The team’s original idea was to help people who were missing out on social connections under COVID lockdowns find a way to meet others and chat online. read more

2. Internxt gets $1M to be ‘the Coinbase of decentralized storage’

Valencia-based startup Internxt just bagged $1 million in seed funding has been quietly working on an ambitious plan to make decentralized cloud storage, read more

 

18th June, 2021

 

Weekly Startup news

 

1. Anduril raises $450M as the defense tech company’s valuation soars to $4.6B

The company makes defense hardware, including long-flying drones and surveillance towers that connect to a shared software platform it calls Lattice. Company was on the hunt for fresh investment and headed up from $1.9 billion in July 2020, read more

2. Mediflash is a freelancer marketplace for health professionals

A new French startup Meet Mediflash, focussing to improve temporary work in healthcare facilities such as nursing homes, clinics and mental health facilities, read more

3. Israeli startup produces vegan milk from cow's milk

Imagindairy, an Israeli startup in the field of vegan food products, has produced an alternative milk to the commonly-consumed. It uses the artificial intelligence technique called "precision fermentation," read more

 

19th June, 2021

 

Weekly Startup news

 

1. BharatPe in talks to raise $250M led by Tiger Capital

Fintech major BharatPe, that hit a new high with 106 million monthly transactions in UPI in this year. Nearly $250 million in its next funding round led by Tiger Global, read more

2. Immunotherapy startup Umoja lands $210M, less than a year after raising $53M

Seattle based Umoja Biopharma has raised an additional $210 million in a Series B round. Company is developing a multi-pronged technology and new funding will help develop treatments for clinical trials, read more

 

20th June, 2021

 

Weekly Startup news

 

1. Songtradr completes $US50m raising ahead of IPO plans

The company has now raised $US100 million from investors valuing the music royalties and licensing platform at $US300 million. They are backing its plan to become the dominant music licensing platform connecting musicians, 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: 7th June 2021 - 13th June 2021

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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.

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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