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HexaHealth, SatLeo Labs, Stimuler, others secure early-stage funding

VCCircle

VCCircle · 2m ago

HexaHealth, SatLeo Labs, Stimuler, others secure early-stage funding

Several startups have secured early-stage funding from various investors. HexaHealth raised $12 million to expand its surgery care platform. SatLeo Labs received $3.3 million to develop thermal and optical imaging payloads for satellites. Stimuler secured $3.75 million to enhance its AI-powered voice tutoring platform. QNu Labs obtained Rs 60 crore for quantum cybersecurity solutions. Vividobots was funded Rs 1.47 crore for robotic automation development, and Anveshan raised Rs 48 crore for its food products business.

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SatLeo Labs raises $3.3 Mn in pre-seed round Merak Ventures

Entrackr

Entrackr · 2m ago

SatLeo Labs raises $3.3 Mn in pre-seed round Merak Ventures

SatLeo Labs, a spacetech company focused on thermal imaging from Low Earth Orbit (LEO), has raised $3.3 million in its pre-seed funding round led by Merak Ventures, with Huddle Ventures. GVFL, Java Capital, IIMA Ventures, PointOne Capital, and angel investors Manish Gandhi and Dheer Baldua have also participated. The proceeds will be used for SatLeo’s proprietary thermal imaging payload, team expansion, regulatory approvals, and infrastructure enhancements. Founded by Ranendu Ghosh and Shravan Bhati, SatLeo Labs is developing high-resolution thermal and visible imaging systems to deliver actionable data for applications in agriculture, energy, urban planning, and strategic surveillance. The Ahmedabad-based startup is building a dual-band, fused multispectral imaging system aimed at creating scalable solutions across climate-sensitive sectors. The platform estimates that its technology can help mitigate risks linked to climate change, including crop loss and wildfires, and contribute to emission reduction goals and sustainable development outcomes.

Angels-backed Medyseva set for pre-Series A round

VCCircle

VCCircle · 1y ago

Angels-backed Medyseva set for pre-Series A round

Indore-based telemedicine firm Medyseva Technologies, backed by a group of angel investors including Horses Stable, Mohit Gulati, and Vivek Bindra, is gearing up for a pre-Series A funding round. The company aims to secure $1 million in early-stage funding to further expand its telemedicine services.

Aarthi Scans in talks for funding again after PE deal breakup

VCCircle

VCCircle · 1y ago

Aarthi Scans in talks for funding again after PE deal breakup

Aarthi Scans is reportedly in talks with private equity firms to secure funding, following the end of a previous deal. The Chennai-based radiology and pathology diagnostic chain is engaged in early-stage discussions with both local and global investors. This comes nearly two years after its previous funding deal under the name Aarthi Scans.

Seed funding drops 25% in 2024 as VCs retreat

Economic Times

Economic Times · 7m ago

Seed funding drops 25% in 2024 as VCs retreat

Seed funding in India experienced a 25% decline in calendar year 2024 as investors remained cautious. Despite this, startups managed to secure $11.3 billion in overall funding, marking a 6% increase compared to the previous year. Pre-IPO and late-stage funding rounds gained popularity due to the shorter paths to liquidity and stronger returns they offer. Seed-stage funding dropped to $971 million from $1.3 billion in the previous year. The decline in seed funding can be attributed to new venture capitalists pulling back from the market, while institutional investors continue to invest steadily. Deep-tech funding, on the other hand, saw an 11% growth. Late-stage funding and early-stage startups performed well in 2024.

Wing Venture's Sara Choi will dig into pitching VCs at TechCrunch Early Stage 2024

TechCrunch · 1y ago

Wing Venture's Sara Choi will dig into pitching VCs at TechCrunch Early Stage 2024

Wing Venture Capital's Sara Choi, a former founder turned investor, will be sharing her expertise on how to pitch to venture capitalists at TechCrunch Early Stage 2024. As venture capital expectations and market dynamics continuously evolve, it's crucial for early-stage founders to effectively communicate their strengths and momentum. The session will provide valuable insights and advice for founders looking to raise capital in the current challenging funding landscape. The deadline to apply for the So You Think You Can Pitch? program at the event is tomorrow, March 22. Early Stage 2024 is just a few weeks away, so secure your pass soon and save $200.

Mela Ventures, Speciale Invest, IPV back separate tech startups with early-stage funds

VCCircle

VCCircle · 11m ago

Mela Ventures, Speciale Invest, IPV back separate tech startups with early-stage funds

Spacetech startup GalaxEye Space, AI quantum startup Bloq Quantum, and deeptech company Acculi Labs have secured early-stage funding. GalaxEye Space raised $6.5 million in a round led by Mela Ventures and Speciale Invest, which will be used to launch their satellite and develop their multi-sensor payload technology. Acculi Labs raised $1.5 million in funding led by Sabi Holding India, while Bloq Quantum raised Rs 1.3 crore in a pre-seed round led by Inflection Point Ventures. The funds will be used for product development, team expansion, and accelerating growth.

Voice-first AI tutor Stimuler raises $3.75 million from Lightspeed, SWC Global

Economic Times

Economic Times · 2m ago

Voice-first AI tutor Stimuler raises $3.75 million from Lightspeed, SWC Global

Stimuler, an AI voice-first tutor for ESL users, secured $3.75 million in funding from Lightspeed and SWC Global. The Bengaluru-based startup, established in 2022, plans to enhance its AI infrastructure and expand its user base. Operating in markets like Latin America, Southeast Asia, and India, Stimuler has 4 million app installs and 45,000 paying users. With aims to increase monetization significantly, the company focuses on building its core team and AI capabilities.

Vidyut, HiWiPay, Ritualistic, Pickkup, Astrogate Labs, Earthful net early-stage cheques

VCCircle

VCCircle · 4m ago

Vidyut, HiWiPay, Ritualistic, Pickkup, Astrogate Labs, Earthful net early-stage cheques

Several startups, including Vidyut, HiWiPay, Ritualistic, Pickkup, Astrogate Labs, and Earthful, have secured early-stage funding. Vidyut raised $2.5 million to expand its electric vehicle services, while HiWiPay received $2 million for cross-border payments. Ritualistic collected $1 million for its home decor business. Pickkup raised $500,000 to enhance logistics capabilities. Astrogate Labs secured $1.3 million for space-tech innovations, and Earthful obtained Rs 5 crore for its nutritional supplements. Various investors supported these ventures to promote growth and expansion.

Volunteer at TechCrunch Early Stage in Boston

TechCrunch · 1y ago

Volunteer at TechCrunch Early Stage in Boston

TechCrunch Early Stage, a founder-focused summit, is searching for volunteers to assist with their event in Boston on April 25. Selected volunteers will gain an inside look at event production and receive a ticket for Early Stage 2024, as well as a pass for Disrupt in San Francisco. The event will feature workshops on topics such as user growth, funding, and branding. With an expected attendance of 1,500, volunteers will undertake various responsibilities, including registration, speaker management, attendee direction, ticket scanning, and event setup. Apply before April 8 to secure a volunteer position.

Airbound, Mushin Innovative Labs, OnePlay pocket funding cheques

VCCircle

VCCircle · 8m ago

Airbound, Mushin Innovative Labs, OnePlay pocket funding cheques

Airbound, Mushin Innovative Labs, and OnePlay have successfully raised early-stage funding. Drone technology startup, Airbound, raised $1.7 million in a seed round led by Lightspeed, with plans to focus on medical deliveries and later expand into food and grocery delivery. SaaS startup, Mushin Innovative Labs, secured $250,000 in a seed funding round to support sales and marketing efforts, research and development, and product innovation. Cloud gaming platform, OnePlay, brought on board gaming industry veteran Akshat Rathee as an investor and advisory board member as it seeks to expand its reach in India's gaming market and beyond.

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