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Bandwango raises $3.1M in Next Frontier Capital-led seed funding
Bandwango Inc., a software company creating a platform for groundbreaking destination marketing & commerce, has recently raised seed funding worth $3.1 million. The funding is led by Next Frontier Capital, alongside numerous other participants, including SaaS Ventures, Kickstart, Ocean Azul Part... Read More
Ed-tech startup Byju’s raises USD 1 billion from Baron Funds, B Capital
India’s largest online education company Byju’s has reportedly secured USD 1 billion investment from XN, Baron Funds, and B Capital Group. The latest infusion has allowed the ed-tech startup to reach USD 15 billion valuation while being considered as the largest capital increase in India... Read More
Pure Extracts expands into US market via Michigan-based joint venture
Pure Extracts Technologies Corp. has reportedly announced the signing of an LOI (Letter of Intent), with a publicly traded MSO (multi-state operator)’s affiliate to form a joint venture. This JV is aimed at establishing a hemp and cannabis extraction system in an existing facility in Michigan.... Read More
Groww joins unicorn club after raising USD 83 Mn in Series D funding
Investment platform Groww announced that it has raised USD 83 million in Series D funding led by Tiger Global, valuing the company at USD 1 billion. After IndWealth and Upstox, this is the third investment by Tiger Global in the market. Sources close to the matter stated that current investors Ri... Read More
CareerLabs secures USD 2.2 million during pre-Series A funding round
Bengaluru-based profile building platform for college students and working professionals, CareerLabs, has reportedly raised USD 2.2 million in a pre-series A funding round as it seeks to scale its platform and launch a new product. The latest funding was led by Rocket Internet’s VC, Global ... Read More
Japanese authorities fear COVID-19 variants could result in fourth wave
With just three months until the Tokyo Olympics, health authorities in Japan are fearing that the Coronavirus variants could fuel the fourth wave in the pandemic, cited sources with knowledge of the matter. These variants seem to be more infectious and could be resistant to COVID-19 vaccines, whi... Read More
Brazil seeks USD 1 billion in foreign aid to lower Amazon deforestation
Reportedly, one third of the foreign aid would be used directly to counter deforestation. Brazil has been significantly criticized for failing to minimize deforestation in the Amazon. Brazil’s Environment Minister Ricardo Salles is reportedly seeking around USD 1 billion in foreign f... Read More
HealthPlix secures USD 13.5 million during its Series B funding round
As per reliable sources, Bengaluru-based HealthPlix Technologies Pvt. Ltd. has raised USD 13.5 million in its ongoing Series B round, which was led by Lightspeed Venture Partners. The fundraising also saw participation from established investors such as Kalaari Capital, JSW Ventures, and Chiratae Ve... Read More
Personalis to team up with MapKure for cancer therapy clinical trials
Personalis Inc., a US-based cancer genomics company has announced to have signed a joint venture agreement with MapKure, LLC, a newly created entity owned by SpringWorks and BeiGene, that focuses solely on genetic disease drivers. The partnership is intended for a clinical trial assay (CTA) relyi... Read More
Volkswagen to rebrand U.S. division to ‘Voltswagen’ for the EV race
Volkswagen unintentionally posted a press release declaring the change of its name. The company’s OTC shares have increased by 66.5% so far in 2021. German automaker, Volkswagen, is reportedly in plans to rename its U.S. operations to ‘Voltswagen of America’, demonstratin... Read More