GIC in talks to lead $40 million funding in India’s Vegrow

GIC is in talks to invest in the Indian startup Vegrow, which runs a business-to-business marketplace for fruits, two sources familiar with the matter said. The Singapore sovereign fund is evaluating leading a $40 million Series C funding round in Vegrow, the sources said. The talks, which have not finalized and so the terms could … Read more

Home recesses after Protection invoice, authorities funding plan implode

U.S. Speaker of the Home Kevin McCarthy makes his approach to a Republican caucus assembly on the U.S. Capitol Constructing in Washington, D.C., Sept. 20, 2023. Kevin Dietsch | Getty Photos WASHINGTON — Home Republican leaders on Thursday despatched the chamber into recess, possible dashing hopes of passing a invoice to fund the federal government … Read more

Veterinary software program firm TeleVet rebrands as Otto amid $43M in recent funding

Scheduling medical appointments is difficult sufficient for people, so Otto, previously TeleVet, desires to make it straightforward to, on the very least, take care of our pets. The veterinary software program firm presents a method for clinics to handle elements of their operations, from schedule to after-hours triage to funds and digital prescription refills. Its … Read more

Gitai closes extra funding upfront of demo mission exterior the ISS

Area robotics startup Gitai has closed a further $15 million in funding, a bit over three months after saying a $30 million Collection B extension spherical to advance its know-how for the moon. The brand new funding will allow the corporate to extend its California-based headcount and develop its relationships with NASA, business house corporations … Read more

Bitcoin startups stay undercapitalized as funding drought drags on

The crypto {industry} has not had a terrific run over the previous yr. Together with rising regulatory scrutiny and skeptical traders, capital deployment has pulled again considerably from the highs of 2021, which has left many younger startups struggling to boost funds. This capital crunch is affecting the Bitcoin ecosystem as properly. In keeping with … Read more

Kenya’s FarmWorks raises $4M pre-Sequence A funding

FarmWorks, a Kenyan agtech that gives farmers with entry to farm inputs, and marketplace for their produce, has raised $4.1 million in a pre-Sequence A spherical led by Acumen Resilient Agriculture Fund, an present investor. Livelihood Affect Fund, Vested World, a variety of household places of work, and angel traders additionally participated within the spherical … Read more

Blue Origin, Astrobotic, Varda House and others win NASA funding to develop superior area tech

NASA awarded new funding to eleven firms at the moment for superior area tech initiatives starting from superior energy technology on the lunar floor to additive manufacturing for area habitats. The awards, which complete $150 million throughout all eleven firms, had been introduced as a part of the area company’s Tipping Level program. In accordance … Read more

Making sense of the most recent local weather tech funding development tales

Final yr, when enterprise capital’s fiery streak cooled, local weather tech held sturdy with tens of billions in offers regardless of geopolitical instability, hiked-up rates of interest and crypto chaos. Nonetheless, the state of the sprawling, tricky-to-define sector was by no means simple to pin down; that’s as true as ever right now.   So, the … Read more

India’s Pharmeasy seeks funding at 90% valuation reduce

Indian on-line pharmacy startup PharmEasy has knowledgeable its present buyers that it plans to boost a brand new spherical of funding through rights subject at a 90% markdown from the earlier valuation, Indian newspaper Financial Occasions reported Wednesday. PharmEasy, which earlier deferred a plan to go public, wants the brand new money to pay its … Read more

Korea’s Alwayz goals to make on-line buying enjoyable once more with $46M in funding

Seoul-based e-commerce firm Levit, an operator of the buying app Alwayz, needs to make the buying expertise extra entertaining and inexpensive. The 2-year-old startup has lately raised $46 million in a Sequence B spherical of funding led by DST International Companions with participation from new investor BOND and present backers KB Funding, Mirae Asset Capital, … Read more