Startup News: 7th - 13th September 2020


14th Sep'20

A lot of things are happening around the startup world globally. So, before we get into the hustle of the new week, let’s begin our week with a weekly round up. Happy Monday Morning and Happy Reading! 


7th September, Monday


  • Lokalise raises $6 million to make it easier to localize your product

  • Founders of Singapore food ordering app Oddle look to exit

  • Bay Area startups connect families, teachers for coronavirus pods amid huge demand

  • Singapore-based fintech startup Qapita raises $1.8M in seed round led by Vulcan Capital

  • Freshket lands $3 million Series A led by Openspace to streamline Thailand’s food supply chain

  • Swedish startup Volta unveils electric truck, to manufacture in UK


8th September, Tuesday


  • Lidar startup Ouster raises $42M as new use cases lift sensor demand

  • Arvi, a health tech start-up, integrates with Arogya Setu app, uses thermal scanner kiosks for tracking

  • Seattle health tech startup raises $15.6M for remote patient monitoring service

  • SoftBank-Backed Synthetic Biology Startup Raises $300 Million to Build a Better Microbe

  • Detroit cybersecurity firm AaDya closes $2.7 million funding round

  • Online Learning Platform Byju's Raises Funds From Silver Lake

  • PopSQL raises a $3.4M seed round for its collaborative SQL editor


9th September, Wednesday


  • Recursion Pharma nets $239M, plus an AI research contract with Bayer

  • Customer Experience Startup Sprinklr Hits $2.7 Billion Valuation With $200 Million Private Equity Cash Infusion

  • Canadian Competitive Intelligence Platform Klue Raises $15 Million In Series A

  • Snyk bags another $200M at $2.6B valuation 9 months after last raise

  • Lightspeed leads Series B funding for Hasura


10th September, Thursday


  • B2B marketing company raises $6.5M

  • ICICI Bank launches scheme for start-ups

  • Replicant Raises $27 Million To Propel Its Voice AI For Customer Service Phone Calls

  • Investment platform Groww raises Rs 220 cr in Series C funding round

  • Orchard real estate platform raises $69 million Series C led by Revolution Growth


11th September, Friday


  • Fifth Third Foundation funds $1.2 Million ‘Innovation Meets Main Street’ program for Black women-owned entrepreneurs

  • Podcast analytics and attribution startup Chartable raises $2.25M

  • Alicia Keys Launches $1 Billion USD Black-Owned Business Fund

  • Apple revises App Store rules to permit game streaming apps, clarify in-app purchases and more


12th September, Saturday


  • British start-up letting car owners charge passengers for rides is helping drive to get commuters back to work

  • Orchard Closes Second Funding Round This Year as it Looks to Simplify Real Estate

  • Karnataka and Kerala ranked top performers in Indian Govt’s startup ranking

  • French insurtech firm raises $25.3m in funding, plans to open S'pore office

  • New F1 entries will have to pay $200m to rival teams


13th September, Sunday


  • Unity Software, game engine, Could Go Public With an $11 Billion Valuation

  • Japanese giant SoftBank set to offload ARM for $40bn in deal that could threaten British jobs

  • Ocado, grocery delivery giant, sales could exceed £2bn for first time as customers flock to order food from new partner Marks & Spencer

  • Saudi Arabia's BinDawood Holding sets IPO price range, aims to raise up to 2.2 billion riyals

  • Startup Distributes $150,000 In Emergency Grants From Acumen Fund To Homeowners

  • Israeli venture capitalist leads investor rounds for two tech companies amounted to $65 million altogether


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.


News Curated by: Priya Nath

Priya is an enthusiastic person who believes in gender equity and social impact. She has a keen interest in startups. Her passion includes owning innovative gadgets, networking and psychology.

The Editorial Team at OpenGrowth is working to provide you with the perfect place to know everything about startups. Feel free to connect to us.