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.
15th February, Monday
1. Private equity firm Marlin snatches up e-commerce optimization platform Lengow
Lengow, a French startup operates a software-as-a-service platform to optimize e-commerce listings. Marlin Equity Partners has acquired a majority stake in the company. Read more
2. Travel startup GetYourGuide secures $97M revolving credit facility
The Berlin startup GetYourGuide, a promising travel startup that recorded its growth arrested by the arrival of the pandemic is announcing a $97 million financing facility to sustain and resume normal business. Read more
16th February, Tuesday
1. Delivery company goPuff is in talks to acquire the UK’s Fancy
U.S.-based startup GoPuff, is in cloud to acquire the U.K. 's Fancy Delivery that operates its own “micro fulfillment” network and promises to deliver items on time. Read more
2. Jigsaw scores $3.7M to slow down your dating swipes
Jigsaw, an “anti-superficial” dating app that has scored £2.7 million ($3.7 million) in seed funding to put toward U.S. expansion. Read more
3. After lifting $150 million in equity and debt, Nature’s Fynd opens its fungus food for pre-orders
The food technology company Nature’s Fynd, offering new food cultivated from fungus found in the wilds of Yellowstone National Park, is releasing its first products for pre-order. Read more
4. Japan’s Uncovered Fund launches $15M fund to back early-stage startups in Africa
A VC firm targeting Uncovered Fund, targeting early-stage startups in Africa, announced to launch its $15 million fund expected to close at the end of this year. Read more
17th February, Wednesday
1. Zolve raises $15 million for its cross-border neobank aimed at global citizens
Zolve, a neobanking platform for individuals moving from India to the U.S. Headquartered in San Francisco and Bangalore, Zolve offers a range of compelling features even for those who don’t plan to visit a foreign land. Read more
2. Dixa acquires Elevio, the ‘knowledge management’ platform aiding brands to improve customer support
Dixa, the Danish customer support platform has acquired Melbourne-based “knowledge management” SaaS Elevio to bolster its product and technology offerings. Read more
3. vArmour, the multi-cloud security startup, raises $58M en route to IPO
The Bay Area startup vArmour, has picked up funding of $58 million provides ways to manage in real time and ultimately secure how applications work in those fragmented environments, is announcing funding to capitalize on the demand for its services. Read more
4. Certific, a health tech startup aims to be the rails for certified home testing
A health tech startup Certific, claims to be the first “certified” remote COVID-19 testing service. The Certific app and user journey is designed to increase trust in remote testing and ensure that self-performed tests reach the same standard as those carried out in a clinical setting. Read more
18th February, Thursday
1. Locus Robotics has raised a $150M funding in Series E
Massachusetts-based Locus Robotics today announced a $150 million Series E. The company essentially leases out robotic fleet for organizations looking to automate logistics. Read more
2. YC-backed Taste brings multicourse fine dining into your home
Taste, which is part of the winter 2021 batch of startups at Y Combinator is currently in New York City. Taste makes it easy for customers to prepare impressive meals at home. Read more
3. Artie raises $10M for app-less mobile games
Artie, a startup looking to rethink the distribution of mobile games, announced and raised $10 million in funding. The startup is developing and releasing games of its own. Read more
4. Event networking app Grip raises $13M, as pandemic forces events to stay virtual
Grips AI-powered algorithms mean attendees get more personalized matchmaking recommendations based on their interests, including pre-event meeting scheduling. Read more
19th February, Friday
1. Math learning app Photomath raises $23 million as it reaches 220 million downloads
Photomath, the popular mobile app that helps you solve equations, has raised a $23 million Series B funding. Photomath was originally designed as a demo app for another company called MicroBlink. Read more
2. AccountsIQ scores €5.8M for its financial management software
A financial management software (FMS) startup has raised €5.8 million in funding. Capital will be used for accelerated growth and recruitment across sales and marketing, customer success and engineering to continue to enhance the product. Read more
3. Acast acquires podcasting startup RadioPublic
Podcast advertising company Acast is announcing that it has acquired RadioPublic, RadioPublic’s main product was a mobile app for podcast listening, and it still supports the app. Read more
20th February, Saturday
1. SailPoint is buying SaaS management startup Intello
An identity management company SailPoint, acquiring Intello, the New York City-based SaaS management platform. SailPoint believes that by helping its customers locate all of the SaaS tools being used inside a company, it can help IT make the company safer. Read more
21st February, Sunday
1. With $20M A round, Promise brings financial flexibility to outdated government and utility payment systems
Promise has raised $20 million that aims to change that by integrating with official payment systems and offering more forgiving terms for fees and debts people can’t handle all at once, and has raised $20 million. 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: 8th February 2021 - 14th February 2021
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.
