Startup News: 26th July 2021 - 1st Aug 2021

Good Morning Monday!! As we enter a new week, let’s take a look at the latest trending startup news insights.

 

26th July, 2021

 

Weekly Startup news

 

1. Mamaearth valued at $730 million as Sofina leads $50 million funding 

Mamaearth will use the fresh capital to double down on its brand’s growth through deeper expansion and acquisitions. The Mamaearth team is constantly propeling new horizons in the personal care space through their disruptive innovations. Read more

2. NotCo get funds to expand plant-based food products

Food technology company NotCo, making plant-based milk and meat replacements, wrapped up another funding round this year. The company is operating in the middle of a trend toward eating healthier food, resulting in demand for alternative proteins. Read more

 

27th July, 2021

 

Weekly Startup news

 

1. No-code startup Bubble raises $100 million used to launch "boot camps"

Bubble, a New York based startup that allows non-coders to design and create web applications, have attracted fresh funding during the pandemic. Funding will be used to hire more engineers and launch "boot camps", read more

2. iRocket to begin rocket engine testing at NASA’s Marshall Space Flight Center

Reusable rocket startup iRocket has entered into a new partnership with NASA in its quest to reach commercialization. The company is hoping that it will conduct its first rocket engine test — an on-the-ground engine firing test. Read more

 

28th July, 2021

 

Weekly Startup news

 

1. Automobile marketplace Droom attains Unicorn Status after pre-IPO funding

Online automobile marketplace-Droom, has become a member of India’s Unicorn club after raising $200 million in a pre-IPO funding round at a valuation of $1.2 billion. Read more

2. Duolingo boosts IPO price target in boon to edtech startups

U.S. edtech firm Duolingo launched a revised IPO value vary this morning, boosting its potential per-share worth to $100 after initially concentrating on a spread that topped out at $95 per share. Read more

 

29th July, 2021

 

Weekly Startup news

 

1. Electric boat startup Arc wants to make a big splash

California startup called Arc is going to try to shred that perception, starting with a limited edition 24-foot watersports boat that will cost around $300,000. Read more

2. Start-up offers $99 quick divorce

Legal tech platform Hello Divorce wants to make it uncomplicated for couples to untie the knot. Startup raised $2m in seed funding to make it simple to untie the knot for as little as $99. Read more

3. Indian Ecommerce Startup Nykaa Eyes $4 Bn Valuation In IPO

Nykaa, is an Indian e-commerce company, gearing to go public in the coming months is expecting a valuation of more than $4 Bn. Read more

 

30th July, 2021

 

Weekly Startup news

 

1. The Black-Owned Startup “Turning NYC Buildings Into Teslas”

BlocPower, a Black-owned, cleantech startup that helps buildings transition away from fossil-fuel-powered boilers and toward electric heat pumps. BlocPower’s revenues come from the installation profits, financing fees, and the enterprise contracts. Read more

2. Instant Delivery Company Gopuff Reaches $15B Valuation

Instant delivery application Gopuff announced reaching a $15 billion valuation. The company plans to use the funds to continue building microfulliflment ecosystems within North America and expand its footprint, read more

3. British startup taking Ford Mustang and turning it into a electric beast

British startup Charge Cars is taking the first generation Ford Mustang and turning it into a electric beast. Read more

4. Edtech Unacademy to offer stock options to its educators

Unacademy is the first edtech startup in India to offer stock options to teachers on contract and its partner educators. Read more

 

31st July, 2021

 

Weekly Startup news

 

1. Redwood City company's gadget, ready to commercilize its handheld ultrasound device and software.

Exo Imaging Inc. about commercialize both the handheld ultrasound device it's developed and its imaging software. Exo Imaging just snagged $220M funding, read more

2. Jay-Z and Will Smith Invest in Startup That Will Help Low-Income Renters

Entertainment giants Jay-Z and Will Smith are teaming up to transform renters into first-time homebuyers. Read more

 

1st Aug, 2021

 

Weekly Startup news

 

1. IPO-bound Delhivery inks $200 mn deal to acquire rival Spoton Logistics

The logistics startup,has sealed the $200 million deal to acquire a 100% stake in the rival logistics player. Delhivery is keen to scale up ahead of its much-anticipated market debut," a source told Moneycontrol. Read more

2. California-based SmartRecruiters, saw explosive growth during the pandemic

Recruitment software startup SmartRecruiters recently raised $110 million in funding. companies have shifted to fully virtual interviewing due to the pandemic, read more

3. Seattle biotech startup aims for ‘new paradigm’ in medicine

Nautilus Biotechnology, wants to measure the key machinery inside cells with a level of detail that has never been done before. It will not only help doctors identify more specific forms of disease, but also help pharmaceutical companies find more precise drugs, 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: 19th July 2021 - 25th July 2021

Startup News: 12th July 2021 - 18th July 2021

Startup News: 5th July 2021 - 11th July 2021

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

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

 

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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