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Jow Raises $13M in Additional Funding

Finsmes · 1y ago

Jow Raises $13M in Additional Funding

Paris-based grocery shopping app, Jow, has raised $13 million in additional funding to expand into the US. The app combines retail media, consumer data, and algorithms to help users plan meals and shop for groceries efficiently. With over 6 million users worldwide and partnerships with major retailers such as Auchan, Carrefour, and Intermarché, Jow aims to streamline the meal planning and grocery shopping experience. The funding round was backed by investors including Northzone and Eurazeo.

Related News

Kitchen robot Botinkit raises $13M from DJI angel and others

TechCrunch · 2y ago

Kitchen robot Botinkit raises $13M from DJI angel and others

Botinkit, a robotics company founded by Shirley Chen in Shenzhen, raised $13 million in a Series A round to expand its cooking robots in the Middle East and Europe. The robots automate and standardize cooking for chain restaurants, reducing ingredient loss and energy consumption. Botinkit's technology aids restaurants' cross-regional expansion by reducing the need for a large kitchen staff, making it an attractive option for franchise restaurants. The company plans to develop multimodal sensors and eventually incorporate artificial general intelligence to refine cooking processes based on customer preferences.

Embea Raises €4M in Seed Funding

Finsmes · 1y ago

Embea Raises €4M in Seed Funding

Berlin-based insurtech Embea has raised €4m ($4.8m) in a seed funding round led by Atlantic Labs, with participation from Jamie Hale, Daniel Khachab and Michael Cassau. Embea offers an embedded life insurance platform for digital banks and fintech companies, enabling them to expand their offerings and create an additional revenue stream. The fresh funding will be used to expand the firm's pan-European platform and add new insurance products to its portfolio. Embea aims to make life insurance more accessible to underserved groups while helping its partners generate additional income.

Capillary Technologies extends latest funding round, raises $95 million in secondary

Economic Times

Economic Times · 1y ago

Capillary Technologies extends latest funding round, raises $95 million in secondary

Capillary Technologies has raised an additional $95 million in secondary transactions as part of its Series D funding round, extending the total round to $140 million. The funding will provide exits to existing investors and employees. The company is also planning to list on the Indian bourses in the next 18 months. The latest tranche includes an additional $6 million in equity funding from angel investors. Capillary Technologies will use the capital to support its artificial intelligence initiatives, partnerships, and expand further into the US and European markets. The company is said to have an annual revenue run rate of around $75 million.

IndoSpace raises $150M from Qatar Investment Authority, Grosvenor

IndianStartupNews

IndianStartupNews · 1y ago

IndoSpace raises $150M from Qatar Investment Authority, Grosvenor

IndoSpace, a company operating in India's industrial and logistics real estate sector, recently said it has concluded its second fundraising round for its Logistics Parks IV (ILP IV), securing an additional $150 million in funding.

Healthtech startup Neurowyzr raises Rs. 16 crores in a seed round led by Jungle Ventures, Peak XV

IndianStartupNews

IndianStartupNews · 1y ago

Healthtech startup Neurowyzr raises Rs. 16 crores in a seed round led by Jungle Ventures, Peak XV

Neurowyzr has raised an additional $2.1 million in an oversubscribed seed funding round co-led by Jungle Ventures and Peak XV, bringing its total seed funding amount to $3.3 million.

Revsure.AI raises $10 million co-led by Neotribe Ventures and Innovation Endeavors

Money Control

Money Control · 2y ago

Revsure.AI raises $10 million co-led by Neotribe Ventures and Innovation Endeavors

The additional funding will allow RevSure to deepen investments in product, engineering, and AI technology and resources, further scale customer acquisition, and double down on the company’s go-to-market strategy.

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.

Egyptian fintech unicorn MNT-Halan raises funds from marquee investors

VCCircle

VCCircle · 1y ago

Egyptian fintech unicorn MNT-Halan raises funds from marquee investors

Egyptian fintech startup MNT-Halan, the largest fintech platform and the first unicorn in Egypt, has raised $160 million in additional funding from international investors. The funding will be used to support the company's global expansion plans. MNT-Halan offers digital banking services and has become a major player in Egypt's financial technology industry. The investors involved in this funding round include private equity firms and development finance institutions.

Cake Raises $1.3M in Pre-seed Funding

Finsmes · 1y ago

Cake Raises $1.3M in Pre-seed Funding

Cake, a transactional marketplace for independent insurance agents based in Indianapolis, has secured $1.3 million in Pre-Seed funding. The investment round was led by Markd, with participation from other investors including 2ndF, Iridium Bloom LLC, 101 Weston Labs, IIANC, and industry-specific strategic partners. The funding will be used to enhance the platform, expand customer acquisition efforts, and offer additional services such as in-platform lending and legal support.

Ola Electric raises $140 million led by Temasek

Livemint

Livemint · 1y ago

Ola Electric raises $140 million led by Temasek

Ola Electric, an Indian electric vehicle company, has raised approximately $140 million in a funding round led by Singaporean state investor Temasek. The remaining funding came from family offices and other investors. This round values Ola Electric at around $5.4-5.5 billion, higher than its previous valuation of $5 billion. The funding will provide Ola Electric with additional capital as it prepares for an initial public offering (IPO) in early 2024. The company is a leader in India's electric two-wheeler market and plans to expand its product offerings.

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