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Boat Planet Raises $1.2M in Seed Funding

Finsmes · 1y ago

Boat Planet Raises $1.2M in Seed Funding

Boat Planet, a St Louis-based marketplace for boat repair and maintenance, has raised $1.2 million in seed funding. The funding round was led by 46VC, with participation from Ascend Venture Capital and Quad 2 Capital. Boat Planet plans to use the funds to further enhance its platform's features and expand its reach across the country. The company connects boat owners with marine professionals, simplifying the process of finding services, obtaining quotes, and making secure payments.

Related News

Reo.Dev raises $1.2M to help developer focused companies accelerate their sales

IndianStartupNews

IndianStartupNews · 1y ago

Reo.Dev raises $1.2M to help developer focused companies accelerate their sales

Reo.Dev is a startup that helps tech companies sell their products to developers. With 66% of developers influencing technology acquisitions, Reo.Dev uses AI to analyze developer intent from various data sources. The Delaware and Bangalore-based company has raised $1.2 million in pre-seed funding to expand its offerings. The founders, Achintya Gupta, Gaurav Jain, and Piyush Agarwal, aim to assist sales and marketing teams in identifying potential customers and improving campaign results.

Manufacturing startup Autocracy Machinery raises $1.2M led by Venture Catalysts, others

IndianStartupNews

IndianStartupNews · 1y ago

Manufacturing startup Autocracy Machinery raises $1.2M led by Venture Catalysts, others

Autocracy Machinery, a manufacturer of trenching and construction machinery, has raised $1.2 million in a seed funding round. The Indian startup plans to use the funds to expand its distribution network, invest in R&D, and enhance manufacturing capabilities. Venture Catalysts led the round, with participation from individual investors and HEM Angels, VC Grid, and S Four. Autocracy aims to contribute to the 'Make in India' initiative by providing efficient, locally designed machinery for various sectors. The company has seen significant revenue growth and aims to achieve revenues of Rs 60 crore by 2025.

Battery cell manufacturer Rincell Corporation raises $1.2M led by US-based NextGen Battery Chem Ventures LLC

IndianStartupNews

IndianStartupNews · 1y ago

Battery cell manufacturer Rincell Corporation raises $1.2M led by US-based NextGen Battery Chem Ventures LLC

Battery cell manufacturer Rincell Corporation has raised $1.2 million in a seed funding round led by NextGen Battery Chem Ventures. The company, founded in 2023 by Jignesh Parikh and Dr. Jagjit Nanda, manufactures performance silicon-graphite, LMFP, and sodium-ion batteries. The funding will be used to accelerate the production of their silicon-graphite batteries and expand their partnerships, including with Inventus Power.

Industrial Deeptech IoT startup Datoms raises $1.2M led by YourNest Venture Capital

IndianStartupNews

IndianStartupNews · 1y ago

Industrial Deeptech IoT startup Datoms raises $1.2M led by YourNest Venture Capital

Datoms, an industrial deep-tech IoT startup focused on solutions for OEMs, has raised $1.2 million in a pre-Series A funding round led by Yournest Venture Capital. The startup aims to enhance efficiency in asset management and activity planning through its connected operations cloud platform. With over 100 global customers, Datoms plans to use the funding to strengthen its product offerings, enhance AI/ML capabilities, and expand its market presence in India and the Middle East. The booming IoT Connected Machines market, projected to reach $510 billion by 2030, presents a significant opportunity for Datoms.

Fireside Ventures extends early-stage funding to two startups

VCCircle

VCCircle · 1y ago

Fireside Ventures extends early-stage funding to two startups

Fireside Ventures has provided early-stage funding to two startups. Happi Planet, a home care products brand, raised $1 million, which will be used to expand its online presence and physical reach. Meanwhile, fintech startup PocketATM raised $400,000 in a pre-seed funding round to enable local stores to become cash dispensing touchpoints. Lastly, ice cream brand Frubon secured funding for growth and expansion of its product offerings.

Infurnia Technologies raises $1.2M led from a clutch of angel investors

IndianStartupNews

IndianStartupNews · 1y ago

Infurnia Technologies raises $1.2M led from a clutch of angel investors

Infurnia Technologies has secured $1.2 million in funding from a group of angel investors led by Yogesh Choudary. The startup's cloud-native design software is aimed at modernizing the architecture and interior design industry, competing against traditional desktop solutions. With a monthly growth rate of 15% and serving over 300 active clients, Infurnia plans to expand into the North American market in 2024. The raised funds will be used for market outreach and product refinement.

Social impact startup Mikro Grafeio raises $1.2M led by new, existing backers

IndianStartupNews

IndianStartupNews · 1y ago

Social impact startup Mikro Grafeio raises $1.2M led by new, existing backers

Indian social impact startup Mikro Grafeio has raised $1.2 million in a Pre-Series A funding round, with the aim of solidifying its presence in emerging cities and creating 100,000 job opportunities. The funds will also be used to incorporate advanced technologies, establish stronger partnerships, and strengthen marketing efforts. Mikro Grafeio aims to foster economic growth and create job opportunities in tier 2 and 3 cities in India by offering integrated workspace and workforce solutions. Currently, it provides workspace solutions in over 40 locations across India.

Plant-based home care start-up Happi Planet raises latest funding from Fireside Ventures

Thehindubusinessline

Thehindubusinessline · 1y ago

Plant-based home care start-up Happi Planet raises latest funding from Fireside Ventures

Home care start-up Happi Planet, founded by former P&G executives, has raised a funding round of INR 8.47 crore from Fireside Ventures. The company offers plant-based and toxin-free home care products and aims to expand its offline presence. Happi Planet plans to achieve 10x growth in the next 12 months and aims to gain market share in the home care liquids space. The brand focuses on transparency and sustainability, with all ingredients disclosed on packaging labels and paper carton packaging.

Kids personal care brand Tuco Intelligent raises $2 Mn in seed round

Entrackr

Entrackr · 11m ago

Tuco Intelligent, a kids’ personal care brand, has raised $2 million in its seed round led by Fireside Ventures and Whiteboard Capital. The round also saw the participation of the Ashish Goenka-led Suashish Group and angel investors such as Vijay Nehra, and Arjun Purkayastha, and early backers of brands like Mamaearth, Sugar, Pilgrim, Whole Truth, and Mokobara. Founded by Aishvarya Murali in 2023, Tuco Intelligent offers a range of natural and sustainable personal care products only for kids. The range includes soaps, lotions, creams, makeup and deodorants. All products claim to be packaged in 100% landfill and ocean-reclaimed plastic to create a greener planet for children. Tuco targets the unique personal care needs of kids aged 4-12, a demographic with growing needs at every stage. Tuco Intelligent skin products are available on the website and marketplaces like Amazon, Flipkart, Myntra, Nykaa, and Firstcry. Fireside Ventures, which has invested in brands like Mamaearth, boAt Lifestyle, Yogabar, and The Sleep Company, is known for backing high-growth consumer brands. Whiteboard Capital’s portfolio includes innovative companies such as Atomberg, Cred, Jupiter, and Daily Ninja.

Planet Marathi OTT raises $5 Mn from A & MA Capital USA

Entrackr

Entrackr · 1y ago

Planet Marathi OTT raises $5 Mn from A & MA Capital USA

Marathi OTT platform Planet Marathi OTT has raised $5 million in a new round led by USA-based private equity firm A & MA Capital USA. The platform has also partnered with media-tech company Dcafe to further strengthen its technological capabilities. Planet Marathi OTT, which provides an exclusive platform for Marathi industry talent and stories globally, plans to use the investment to strengthen its content library and technological infrastructure. Founded by Akshay Bardapurkar, Planet Marathi OTT claims to house the largest and most esteemed library of Marathi content on OTT platforms and offers content in various genres, including comedy, romance, politics, family drama, thriller, crime, and satire. Hosting titles across genres like romance, comedy, family drama, politics, crime, thriller, and satire, Planet Marathi OTT is known for content such as Goshta Eka Paithanichi and Raanbaazaar.

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