Startup News: 2nd Aug 2021 - 8th Aug 2021

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


2nd August, 2021


Weekly Startup News


1. Finite State lands $30M Series B to help uncover security flaws in device firmware

Ohio-based Finite State, a startup that provides supply chain security for connected devices and critical infrastructure, has raised $30 million in Series B funding. Read more

2. Newtopia closes first fund of $50M to invest in LatAm startups

Newtopia is offering both investment and a hands-on mentorship model to guide startups through the initial stages so they can grow regionally or globally. Read more

3. Yaydoo secures funds aims to simplify B2B collections, payments

Yaydoo is joining a sector of fintech that is heating up — the global B2B payments market is valued at $120 trillion annually. Yaydoo is also looking at future opportunities for its working capital business, read more


3rd August, 2021


Weekly Startup News


1. Health and wellness apps maker Palta raises $100M Series B led by VNV Global

Palta has proven its capabilities to assemble and scale its broad amount of main mobile subscription merchandise. It has proven its capabilities to develop and scale its wide range of leading mobile subscription products. 

2. Kenya’s Wapi Pay raises $2.2M pre-seed for cross-border payments between Africa and Asia

Wapi Pay provides a payments gateway for African businesses to receive and send money from Asia via mobile money platforms and bank accounts. Read more


4th August, 2021


Weekly Startup News


1. India’s BharatPe valued at $2.85 billion in Tiger Global-led $370 million funding

BharatPe, which counts Coatue, Ribbit Capital and Sequoia Capital India among its existing investors, operates an eponymous service to help offline merchants, read more

2. Brazilian digital auto marketplace InstaCarro revs up with fresh funding

InstaCarro, a digital marketplace that connects weak automobile sellers to sellers in Brazil, grab new funding. Company plans to make exercise of its unique capital in allotment to capitalize, read more


5th August, 2021


Weekly Startup News


1. Cryptocurrency startup Zabo acquired by Coinbase

Zabo, a Dallas-based cryptocurrency startup acquired by Coinbase. Notable amongst its purchase is crypto trade and execution startup Routefire, which is Coinbase’s first acquisition of 2021. Read more

2. Miami’s largest university launches course on Israeli entrepreneurship

The Global Influence of Israeli Technology and Entrepreneurship,” aims to impart lessons from Israel’s startup ecosystem to would-be Florida business leaders. Read more

3. Hydroponic farming startup Just Vertical cultivates growth at home

Canadian-based startup Just Vertical is working to add home gardeners to the indoor growing movement. The company is currently expanding into flowers and it even grew hops for microbreweries. Read more


6th August, 2021


Weekly Startup News


1. A Swiss startup is planning to build a hyperloop system that will transport passengers in levitating pods

The startup Named Swisspod, plans to build a hyperloop transport system under the Alps that will transport passengers from Zurich to Geneva, read more

2. Insurers back kidney care startup Cricket

Cricket Health, a startup that provides services to help patients identify chronic kidney disease and get support in treatment. The startup plans to use the funds to expand its kidney care model across the U.S. Read more

3. Bulk payments startup Comma raises $6M

Banking bulk payment startup Comma based in U.K. uplifted £4.34 million. The Comma app connects to accounting systems and allows a business to manage supplier bank details without needing bank access, read more


7th August, 2021


Weekly Startup News


1. On-demand car rental service Kyte brings another transportation option to Seattle

San Francisco-based Kyte will be available in Seattle, the service delivers rental cars directly to drivers. Customers can buy the car through an app or the company’s website by choosing a specific delivery time and place. Read more

2. Australia’s v2Food aims to expand its plant-based meats to Europe and Asia

V2Food is one of many new contenders in the alternative protein zone. Currently v2Food makes plant-based ground beef and patties, sausages and a ready-made Bolognese sauce. Read more


8th August, 2021


Weekly Startup News


1. 3D-Printed Table Lamp Is Made From Orange Peels and It’s Compostable

Milan Based startup made a 3D-printed table lamp - the creative design team decided to use a pretty unorthodox material: orange peels. Read more

2. City in China now bacome the Silicon Valley of robotics startups

The southern Chinese city of Dongguan now emerging as a powerhouse for the country's robotics ambitions. The city had replaced 280,000 workers in manufacturing by installing 91,000 robots, 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: 26th July 2021 - 1st Aug 2021

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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