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Knocksense, two others raise early-stage funding

VCCircle

VCCircle · 1y ago

Knocksense, two others raise early-stage funding

Three companies - content production platform Knocksense, spacetech startup SpaceFields, and beauty and personal care brand Beautywise - have recently secured early-stage funding. Knocksense raised an undisclosed amount in its pre-Series A funding round from Venture Catalysts, while SpaceFields raised $800,000 in a seed funding round led by HVB 88 Angels and O2 Angels Network. Beautywise secured $800,000 in a seed funding round from AC Ventures, Fluid Ventures, Real Time Angel Fund, and GSF. The funding will be used for various purposes, including geographic expansion and team development.

Related News

Unicorn sightings become rare as VCs shun that leap of faith

Economic Times

Economic Times · 1y ago

Unicorn sightings become rare as VCs shun that leap of faith

Early-stage startups are struggling to attract "leap of faith capital" as investors focus on late-stage companies. While early-stage deals are happening, big investors like SoftBank and Tiger Global are more inclined towards established startups and potential IPOs. Only two startups have become unicorns this year, compared to the previous year's total of two. The investment process for new firms is still lengthy, and funding is primarily limited to fast-growing and profitable companies. However, there is optimism that ventures fixing their economics will be able to raise significant capital in the future.

Executive assistants, high salaries, and other ways early-stage founders will trigger a seed VC | TechCrunch

TechCrunch · 6m ago

Executive assistants, high salaries, and other ways early-stage founders will trigger a seed VC | TechCrunch

Jenny Fielding, co-founder of Everywhere Ventures and former Techstars managing director, sparked a conversation about the appropriateness of early-stage founders having executive assistants (EAs) to help them schedule. Some suggested using AI executive assistants, while others defended the need for human assistance. Fielding's point was that founders should focus on building a product rather than excessive spending. Seed investors, like Fielding, believe founders should spend their cash as they see fit, but early-stage VCs will still evaluate their cash management when it's time to raise the next round. Fielding also mentioned that certain titles and high salaries at early-stage startups can raise red flags for VCs.

Chiratae-backed BeepKart hits the road to raise Series B capital

VCCircle

VCCircle · 7m ago

Chiratae-backed BeepKart hits the road to raise Series B capital

Chiratae-backed BeepKart hits the road to raise Series B capital Premium BeepKart founders Hemir Doshi (left) and Abhishek Saraf BeepKart, an online platform to buy and sell used scooters and bikes, is planning to raise its Series B round of funding and is in early-stage talks with institutional investors, two people aware of the development told VCCircle. The startup, operated by Beep Innovations Pvt. Ltd, is looking to secure as ......

WorkIndia among three dozen startups make elevator pitch at VCCircle event in Delhi

VCCircle

VCCircle · 1y ago

WorkIndia among three dozen startups make elevator pitch at VCCircle event in Delhi

Over three dozen startups participated in The Pitch event organized by VCCircle in Delhi, where they made elevator pitches to potential investors. WorkIndia, a job portal for blue and grey-collar workers, pitched to raise its Series B round. Other startups seeking funding included IPSC Pain and Spine Hospitals, Proxgy, Elixia, and GamePoint, among others. The event aims to connect early-stage ventures with investors and will also be held in Mumbai before the grand finale in December.

Lucknow-based hyperlocal content-commerce platform Knocksense raises funding from Venture Catalysts

IndianStartupNews

IndianStartupNews · 1y ago

Lucknow-based hyperlocal content-commerce platform Knocksense raises funding from Venture Catalysts

Lucknow-based hyperlocal content-commerce platform, Knocksense, has raised an undisclosed amount in pre-Series A funding. The funding round was led by Venture Catalysts and saw participation from notable investors including Nitish Mittersain, founder of Nazara Technologies, and Mohit Satyanand, chairman of Teamwork Arts. Knocksense operates on a subscription-driven commerce model that pairs curated content feeds with exclusive privileges at local establishments. The platform currently operates in Lucknow, Indore, Kanpur, Mumbai, and Ahmedabad, with plans for further expansion. The funds raised will be used for market penetration, technological infrastructure enhancement, and expanding offerings.

Incubate Fund Asia plans new outing after closing third fund below target

VCCircle

VCCircle · 11m ago

Incubate Fund Asia plans new outing after closing third fund below target

Japanese venture capital firm, Incubate Fund Asia, has closed the final round of its third fund below its target. However, the firm is now planning to raise two new funds with higher targets. Incubate Fund Asia focuses on investing in early-stage companies in India and Southeast Asia.

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.

Funding and acquisitions in Indian startups this week [15-20 Jan]

Entrackr

Entrackr · 1y ago

Funding and acquisitions in Indian startups this week [15-20 Jan]

This week, Indian startups raised a total of $178 million, with two growth-stage and 22 early-stage deals. The funding included investments in startups such as Wow! Momo, OneCard, International Battery Company, StockGro, and FinAGG. Bengaluru-based startups led the city-wise funding deals, followed by Delhi-NCR and Mumbai. Series A stage deals dominated the funding, with 10 deals, followed by pre-Series A, pre-seed, and seed stage deals. Four acquisitions also took place this week, including Cured by Innovaccer, Clientjoy by Synup, ZestMoney by DMI Group, and Kyndi by Qlik.

Funding freeze bites into the early stage businesses

Money Control

Money Control · 1y ago

Funding freeze bites into the early stage businesses

In Q3CY2023, venture capital firms showed a preference for investing in newer startups. Late stage startups, including Unicorns, have been more affected by the funding freeze, while early stage investment activity has remained relatively unaffected. However, the funding winter is now impacting the early stage funding segment as well.

Rebecca Whiting will break down SAFEs, notes, and series seed financing at TechCrunch Early Stage 2024

TechCrunch · 1y ago

Rebecca Whiting will break down SAFEs, notes, and series seed financing at TechCrunch Early Stage 2024

Rebecca Lee Whiting, an expert in early-stage fundraising and startup legal matters, will be speaking at TechCrunch's Early Stage event on April 25. Whiting, who works with early-stage companies as they raise capital, will provide insights on the complexities and different methods of fundraising, such as priced rounds, convertible notes, and SAFE agreements. The event also features other speakers from the venture capital and startup community.

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