Good Morning Monday!! Here are the latest weekly startup updates for you. Before starting this week take a round up with some latest news from startup world
29th March, 2021
1. Bunch adds $1M to its seed round to flesh out its leadership learning app
Bunch claims to be an “AI coach” that provides users with daily, short-form tips and tricks to become a better leader. Bunch announced that it has closed a total of $4.4 million in seed capital. The company’s product, a mobile app, focuses on teaching leadership skills to the younger generations. Read more
2. ChargerHelp raises $2.75M to keep EV chargers working
The company has raised $2.75 million from investors, ChargerHelp!, an on-demand repair app for electric vehicle charging stations. The coming wave of electric vehicles will require more than thousands of charging stations. It works directly with the charging manufacturers and network providers. Read more
30th March, 2021
1. Men’s health startup Manual raises $30M Series A from US and European investors
Manual a Men’s health and well-being startup has raised a $30 million Series A round. New fund will be used for product development and international expansion. Manual provides diagnostics, treatments and ongoing care and plans to expand across Europe, Asia and Latin America. Read more
2. Finch Capital acquires Wirecard Turkey
Finch Capital, the early-stage fintech VC with a presence in London and Amsterdam, is acquiring Wirecard Turkey, a subsidiary of Wirecard. The Turkish company provides various payment services, namely: direct carrier billing, credit card acquiring, and e-money. Read more
3. Tutor marketplace GoStudent raises €70M Series B round
Vienna-based GoStudent, which connects students to tutors on a virtual learning platform, has raised a €70 million Series B funding. GoStudent competes with offline players like Schülerhilfe in Germany and Acadomia in France, which focus on small-classes in learning centers. It also competes where tutors advertise in traditional marketplaces like classified ads. Read more
31st March, 2021
1. Intranet startup Staffbase raises $145M in growth round led by General Atlantic
Staffbase, which provides an intranet-style internal communications platform for companies, has raised a $145 million. Staffbase has a workforce of 450 employees throughout 11 locations, including offices in London, New York, Vancouver, Amsterdam and Berlin. Read more
2. Otrium raises $120 million for its end-of-season fashion marketplace
Otrium has raised a $120 million round just a year after raising its $26 million Series B round. Otrium works with clothing brands to help them sell items when they reach the end-of-season status. Read more
3. India’s HealthPlix raises $13.5 million to help doctors treat patients more efficiently
HealthPlix, a Bangalore-based startup, believes it can help doctors serve these patients more efficiently at your time. HealthPlix’s solution puts doctors at its centre, said Gudibanda, who has spent nearly two decades in entrepreneurship in health tech. Read more
4. Cryptocurrency wallet and blockchain tech startup imToken raises $30 million Series B
The blockchain tech startup ImToken, and crypto wallet developer, announced today it has raised $30 million in Series B funding. ImToken will use its latest funding to build features for “imToken 3.0.” Read More
1st April, 2021
1. Pair Eyewear raises $12M to bring more personality to your glasses
Pair Eyewear has raised a $12 million Series A to help glasses-wearing kids and adults turn those glasses into “a form of self-expression.” It provides more flexibility by turning a pair of glasses into a two-piece ensemble. Read More
2. Next Insurance raises $250M, doubling its valuation to $4B in under a year
Next Insurance recently announced that it has raised a $250 million round, valuing the SMB-focused insurance provider at $4 billion. Next sells small-business coverage across a number of categories for different classes of workers. Read more
2nd April, 2021
1. Backflip offers an easier way to turn used electronics into cold, hard cash
Backflip offers customers cash on delivery for their used electronics - anything from Androids to Xboxes and Apple devices to Game Boys.The company handles everything from wiping a device and ensuring its quality to finding a buyer for the electronics. Read More
3rd April, 2021
1. Uruguayan payments startup dLocal quadruples valuation to $5B with $150M raise
Uruguay’s first unicorn and one of Latin American’s highest-valued startups. It is cross-border payments startup dLocal has raised $150 million. DLocal connects global enterprise merchants with “billions” of emerging market consumers in 29 countries across Asia-Pacific, the Middle East, Latin America and Africa. Read more
4th April, 2021
1. Dubai-Based Lunchbox Startup Citron Eyes Up Asia And Europe Markets As It Raises Pre-Series A Investment
A Dubai-based startup Citron, offering distinctive mealtime products to children and families, has successfully received pre-Series A funding from Arzan Venture Capital. Citron sought to fill a need in the market for stylish and leakproof lunchboxes. Read more
2. Enigma Auto looks to seal sales deal with Bengaluru-based firm to supply 2,000 EVs
India, Bhopal-based bootstrap EV start-up Enigma Automobiles is looking to seal a sales deal with a Bengaluru-based B2B company to supply 2,000 vehicles. Enigma is also working on a home-grown lithium-ion battery unit, click here to read more
3. With special visas, Canada aims to attract Indian startups
Canada is offering special visas to Indian entrepreneurs keen to expand their business in the North American nation. 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: 22nd March 2021 - 28th March 2021
Startup News: 15th March 2021 - 21st March 2021
Startup News: 8th March 2021 - 14th March 2021
Startup News: 1st March 2021 - 7th March 2021
Startup News: 22nd February 2021 - 28th February 2021
Startup News: 15th February 2021 - 21st February 2021
Startup News: 8th February 2021 - 14th February 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.
