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Innerspace Raises € 5.7M in Funding

Finsmes · 1y ago

Innerspace Raises € 5.7M in Funding

Innerspace, an Austria-based tech startup, has secured €5.7 million in funding. The company specializes in risk assessment and training of cleanroom personnel for pharmaceutical companies through the use of software and Virtual Reality (VR) technology. The funding round was led by Matterwave Ventures and included participation from MAD Ventures, aws Gründungsfonds, and High-Tech Gründerfonds. Innerspace plans to use the funds to expand its international market presence and further develop its unique "Frame-by-Frame" technology. The company is an official partner of the Parenteral Drug Association (PDA) and actively contributes to quality training courses for the pharmaceutical industry.

Related News

Motif Analytics Raises $5.7M in Seed Funding

Finsmes · 1y ago

Motif Analytics Raises $5.7M in Seed Funding

San Francisco-based data analytics startup Motif Analytics has raised $5.7 million in seed funding. Led by Amplify Partners and Felicis, with participation from the InvestInData angel group, the funds will be used for expanding operations and development efforts. Motif Analytics offers an interactive data wrangling, visualization, and exploration experience to find insights in event sequences. The platform is built on five key innovations, including rich interactive sequence visualizations and AI for identifying conversion predictors.

Odyssey Raises $6M in Funding

Finsmes · 1y ago

Odyssey Raises $6M in Funding

Odyssey, an energy drink company based in Fort Lauderdale, FL, has secured $6M in funding. The funding will be used to drive the company's expansion in the retail sector and further develop its beverage portfolio. Odyssey offers a line of functional beverages that promote focus, mindful energy, and mood, with products that are free from added sugar, preservatives, artificial flavors, or sweeteners. The brand's products are available nationwide in various retailers. The funding round investors have not been disclosed.

Newcells Biotech Raises Further £2.35M in Funding

Finsmes · 1y ago

Newcells Biotech Raises Further £2.35M in Funding

Newcastle-based company Newcells Biotech has secured $2.35 million in funding, bringing its total funding to £12 million. The funding round was backed by North East Venture Fund, European Regional Development Fund, Mercia Ventures, and Northstar Ventures. Newcells Biotech specializes in 3D models that mimic human body processes, providing data for pharmaceutical companies to test the effectiveness and safety of their drugs. The funding will support the company's growth and help establish its position in the industry.

Khyaal Raises USD 4.2M

Finsmes · 1y ago

Khyaal Raises USD 4.2M

Mumbai-based app provider for seniors, Khyaal, has secured $4.2 million in funding, bringing its total funding to $5.4 million. The funding round was led by 62Ventures, SVQuad, and Inventus Capital, with participation from several other investors. The company plans to use the funds to expand its operations and reach. Khyaal's app offers a community for seniors and their families with entertainment content, games, and financial services tailored to their needs, including a smart payment card. The app also provides curated travel plans for seniors to explore new experiences safely.

Smartstaff raises 6.2M $ from returning investors

Economic Times

Economic Times · 2y ago

Smartstaff raises 6.2M $ from returning investors

The funding included $5,00,000 of debt funding from Alteria Capital, Smartstaff founder and CEO Arpit Dave told ETtech. Alteria Capital was the only new investor in the funding round. SmartStaff provides AI-powered HR solutions to enterprises, including recruitment and employee engagement tools. The investment from returning investors highlights confidence in the company's growth potential and its ability to address the evolving needs of the HR tech market.

Xampla Raises $7M in Funding

Finsmes · 1y ago

Xampla Raises $7M in Funding

Cambridge-based natural materials company, Xampla, has secured $7 million in funding, bringing their total funding to $17.6 million. The funding round saw participation from various investors including Amadeus Capital Partners and Horizon Ventures. Xampla plans to use the funds to expand their consumer brand, Morro, into new markets and advance the production of biodegradable, plant-based materials as alternatives to single-use plastics. The company's technology is already being used by notable brands and they aim to explore additional applications and optimize efficiency in collaboration with partners.

Sprinto Raises $20 Mn From Accel, Others

Inc42 · 1y ago

Sprinto Raises $20 Mn From Accel, Others

RegTech startup Sprinto has raised $20 million in Series B funding led by Accel. The funding round also included participation from existing investors Elevation Capital and Blume Ventures. Sprinto, founded in 2020, provides enterprises with automation tools for risk and compliance requirements. The company plans to use the funding for research and development, focusing on intelligent automation and artificial intelligence, as well as expanding into new markets.

Apkfollow Raises Seed Funding

Finsmes · 1y ago

Apkfollow Raises Seed Funding

Apkfollow, a startup based in Ludhiana, Punjab, India, has raised an undisclosed amount of Seed funding for its privacy-focused Android app store. The funding will be used to launch the app store, which aims to provide users with over 700,000 apps while prioritizing user privacy. Apkfollow is working with app developers to offer a wide range of high-quality and diverse applications on its platform.

Pure EV raises $8 million in funding

Economic Times

Economic Times · 1y ago

Pure EV raises $8 million in funding

Indian electric two-wheeler company, Pure EV, has raised $8 million in funding from investors including Bennett Coleman and Company Ltd and Hindustan Times Media Ventures. The company is also in the process of finalizing a Series A1 funding round of $25 million, with ongoing discussions for a Series A2 funding amounting to $15 million with potential investors from Dubai, Hong Kong, and Singapore. Pure EV plans to expand its sales network from 140 to 300 dealers in the next six months.

Pratilipi raises ₹10.11 cr from Alteria Capital

Inshorts · 7m ago

Pratilipi raises ₹10.11 cr from Alteria Capital

Bengaluru-based self-publishing platform Pratilipi has raised ₹10.11 crore in a bridge funding round, which was a mix of equity and debt, from Alteria Capital. Out of the ₹10.11 crore, about ₹5 crore was raised in debt and the remaining was equity funding, as per the startups regulatory filings.

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