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Amazec Photonics Raises €1.5M in Seed Funding

Finsmes · 1y ago

Amazec Photonics Raises €1.5M in Seed Funding

Amazec Photonics, a Netherlands-based medtech company, has raised €1.5 million in Seed funding. Led by PhotonDelta, the funding will be used to develop devices for clinical trials. Amazec Photonics focuses on creating cardiovascular monitoring tools that use photonics-based technology to measure temperature changes with exceptional precision. The non-invasive monitoring device allows for multiple real-time measurements, improving reliability and accuracy in diagnosing cardiovascular diseases. The company aims to address the increasing number of patients globally and provide a simpler and more cost-effective testing solution.

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Evaro Raises $1.5M in Seed Funding

Finsmes · 1y ago

Evaro Raises $1.5M in Seed Funding

London-based digital health startup Evaro has secured $1.5 million in seed funding. The company plans to use the funds to expand its B2B market presence by offering a plug-and-play product that allows consumer brands to offer managed medication prescription services to their customers. Evaro aims to grow its medication catalogue from 200 to 2,000 treatments, covering 70% of minor health issues. It also intends to obtain its Care Quality Commission (CQC) license for more comprehensive patient care, including diagnosis and therapy initiation. Evaro uses AI and machine learning to provide AI-driven consultations and private prescription medication.

Audit Saas startup AuditCue raises $1.5M led by Kalaari Capital

IndianStartupNews

IndianStartupNews · 1y ago

Audit Saas startup AuditCue raises $1.5M led by Kalaari Capital

Chennai-based startup AuditCue has raised $1.5 million in a seed funding round led by Kalaari Capital. The funding will be used for product development, expanding the engineering team, and entering new markets. AuditCue aims to transform the risk and audit experience for auditors and auditees, speeding up audit cycles and improving process resiliency. The company plans to target regulated markets and disrupt the global audit and GRC market.

Virtual spirituality startup VAMA raises $1.5M in a Seed round

IndianStartupNews

IndianStartupNews · 1y ago

Virtual spirituality startup VAMA raises $1.5M in a Seed round

Virtual spirituality startup VAMA has raised $1.5 million in seed funding from investors including Wavemaker Partners, Lisa Gokongwei-Cheng, and Harit Nagpal. The platform aims to digitize the traditional spiritual sector by offering services like e-pujas and e-darshans. VAMA has partnerships with over 250 temples and claims to have conducted over 150,000 astrology consultations and virtual pujas. The funding will be used to enhance technology capabilities, accelerate product development, and expand the team.

ScaleIP Closes $1.5M Funding Round

Finsmes · 1y ago

ScaleIP Closes $1.5M Funding Round

ScaleIP, formerly known as LicenseLead, has successfully raised $1.5 million in funding. The Colorado-based company specializes in assisting enterprises, universities, labs, and hospitals in identifying potential target companies for patent monetization. The funding round was led by Greater Colorado Venture Fund, with participation from other investors including Tunitas Venture, Comeback Capital, Community Access Fund, and Seed Round Capital. ScaleIP plans to use the funds to further accelerate the growth and adoption of its IP business intelligence solution.

3DNextech Raises €1.5M in Funding

Finsmes · 1y ago

3DNextech Raises €1.5M in Funding

Italian startup 3DNextech has secured €1.5m in funding for its additive manufacturing and 3D printing solutions for the plastics industry. The round was led by EUREKA! Venture SGR and RoboIT, with participation from Toscana Next and undisclosed angel investors. The funding will be used to expand the company's operations and business reach. 3DNextech was founded as a spin-off of the Sant’Anna School of Advanced Studies in Pisa and has developed a chemical-physical process that makes plastic objects malleable and ready for finishing operations. The company aims to target various sectors, including automotive, design, nautical, and medical.

Olee Space Secures $3 Million from Rockstud Capital & Global Investors to Advance Laser-Based Quantum Communications and Directed Energy Weapon Systems

StartupTalky

StartupTalky · 16d ago

Olee Space Secures $3 Million from Rockstud Capital & Global Investors to Advance Laser-Based Quantum Communications and Directed Energy Weapon Systems

Olee.space, a Mumbai-based firm specializing in laser-based communication and photonics defense, has secured $3 million in seed funding from Rockstud Capital and other global investors. Founded by IIT Bombay alumnus James Solomon and engineer Suman Hiremath, the company focuses on quantum-encrypted laser communications and directed energy weapon systems. With this funding, olee.space aims to scale its production, advance communication protocols, and expand its defense technology roadmap, aligning with India's strategic technology goals.

B2B sourcing startup Bidso raises $1.5M led by PeerCapital, others

IndianStartupNews

IndianStartupNews · 2y ago

B2B sourcing startup Bidso raises $1.5M led by PeerCapital, others

Technology-enabled B2B sourcing startup Bidso has raised $1.5 million or Rs 12.42 crore in a funding round led by PeerCapital, with participation from DeVC and angel investors

Olee.space raises $3 Mn in seed round

Entrackr

Entrackr · 16d ago

Olee.space raises $3 Mn in seed round

Olee.space, a laser-based communication and photonics defense system, has secured $3 million in a seed funding round from Rockstud Capital and other global investors. The fresh funds will be allocated towards scaling production, advancing its quantum-secure communication protocols, and expanding its defense tech roadmap, Olee.space said in a press release. Co-founded in 2023 by James Solomon and Suman Hiremath, Olee.space is a photonics and defense technology company that builds next-generation systems in Free-Space Optical Communication (FSOC), quantum-encrypted networking, and directed energy weapons. Its advanced solutions include resilient systems for terrestrial, inter-satellite, and ground-to-space links, designed for low latency, maximum security, and optimized data throughput. As per the Pune-based startup, Free-Space Optical Communication (FSOC) uses low-powered infrared laser beams to deliver ultra-fast, secure data links across land, air, sea, and space. Olee.space’s DEW platform, which is under development for anti-drone/UAV and anti-satellite operations, is designed to deliver precision tracking, real-time targeting, and neutralization of aerial threats. “I have always been fascinated by how lasers function. Working with light gives me happiness and I am here to do as much justice to this domain as any of my able team members. What we do here is rewarding to the country, and would continue doing so,” said James Solomon, founder and CEO of Olee.

Hyderabad's startup Monitra Health raises $1.5M for domestic expansion, international certification

IndianStartupNews

IndianStartupNews · 1y ago

Hyderabad's startup Monitra Health raises $1.5M for domestic expansion, international certification

Hyderabad-based healthtech startup Monitra Health has raised $1.5 million in a pre-Series A funding round. The funding, led by Equanimity Ventures and Kotak Alternate Asset Managers, will be used for domestic expansion, international certifications, and product development. Monitra Health's flagship product is upBeat, India's first full-stack remote cardiac monitoring platform. The startup aims to expand its distribution network across India and venture into international markets. It also plans to diversify its platform to include monitoring for stroke, high-risk pregnancy, diabetes, and more.

Indian whiskey brand Woodsmen Mountain Whiskey raises $1.5M in a Series A round

IndianStartupNews

IndianStartupNews · 1y ago

Indian whiskey brand, Woodsmen Mountain Whiskey, has raised $1.5 million in a Series A funding round led by FinFirst Group and Anthill Ventures. The funding will be used to expand market reach, introduce new products, and strengthen the team. Woodsmen Mountain Whiskey differentiates itself through its Himalayan origin-led positioning and has achieved significant growth, with over 2 million bottles sold this year and a 400% growth in FY23. The brand aims to become a significant player in the Indian whiskey market, targeting over Rs. 100 crore in gross Annual Recurring Revenue.

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