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Prosal Secures $1.58M in Seed Funding
Finsmes
·
1y ago
Medial
Prosal, a Miami-based provider of an RFP platform for agencies, has secured $400k in Seed funding, bringing its total funding to $1.58M. The round was led by Fusen Fund, with participation from various investors, including Recursive Ventures and Brickyard Fund. Prosal's platform utilizes advanced algorithms and a user-friendly interface to automate and simplify RFP tasks for smaller agencies, allowing them to save time and resources while improving proposal decision-making and streamlining business development processes.
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Dezime secures ₹2.5 crore in pre-seed funding
Inshorts
·
4m ago
Medial
Dezime, a tech-driven interior solutions startup, has secured ₹2.5 crore in pre-seed funding from strategic investors, including Rishi Kajaria of Kajaria Tiles and Rishi Gulati of Chalo Holdings. The funding will enhance Dezime's AI and 3D visualisation technology, improving customer experiences. Focused on Delhi NCR, Dezime aims to offer faster, personalised home design solutions.
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Arch Secures $6.2M in Seed Funding
Finsmes
·
1y ago
Medial
Arch, a San Francisco-based data intelligence platform for HVAC contractors, has raised $6.2M in Seed funding. The investment round included participation from Gigascale Capital, Coatue, Floodgate, ReGen Ventures, and MCJ Collective. Arch plans to use the funding to expand its engineering team and grow its customer base in the Northeast and California. The platform offers HVAC contractors a System of Intelligence for Revenue Generation, integrating data from various sources to optimize heat pump systems and streamline lead generation, system design, and financing.
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Pepper Secures $30M Funding Led by ICONIQ Growth with
deepnewz
·
1y ago
Medial
Pepper, a crucial tool for restaurants transitioning to digital interactions, has secured Series B funding. Greylock, the venture capital firm, has been supporting Pepper since its seed stage. This investment highlights the growing significance of technology in the restaurant industry.
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Torus Robotics secures seed investment from TNIFMC
Thehindubusinessline
·
1y ago
Medial
Chennai-based startup Torus Robotics has raised $470,000 in seed funding led by the Tamil Nadu Infrastructure Fund Management Corporation. The company specializes in powertrain technology for electric vehicles (EVs), defense, aviation, and consumer markets. The funding will be used to expand Torus Robotics' research and development operations. The startup aims to reduce reliance on imported powertrain components for the EV market. Torus Robotics is also exploring opportunities in industries such as power generation and robotics.
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TaxiForSure cofounder's fintech venture Zolve secures $100 million debt facility
Money Control
·
1y ago
Medial
Zolve, a cross-border neo-banking platform, has obtained a $100 million warehouse debt facility from Community Investment Management (CIM). The funds will be utilized to offer credit products to migrants in the US, according to Zolve. The startup provides financial services, checking accounts, and credit cards to Indian immigrants relocating to the US. Zolve plans to expand its presence in countries such as the UK, Canada, and Australia, following this funding. In previous funding rounds, the company raised $15 million in seed funding and $40 million in Series A funding.
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Climatetech startup Solinas secures investment from Neev Fund
VCCircle
·
1y ago
Medial
Chennai-based climatetech startup Solinas Integrity has secured funding from Neev Fund, a climate and sustainability-focused fund managed by SBICAP Ventures. The amount raised was not disclosed, but the funding round included investment from Rainmatter Capital. Solinas develops robotic and AI solutions for the water and sanitation industry, focusing on detecting defects and leakages in pipelines, assessing conditions, and mechanized cleaning of manholes and septic tanks. The startup previously raised $550,000 in a seed funding round and aims to pave the way for sustainable water and sanitation infrastructure with the new investment.
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Fintech Healthcare Platform CoverSelf Secures $8.2 Million in Seed Funding Round
Business Bytes
·
1y ago
Medial
CoverSelf, a fintech healthcare platform, has raised $8.2 million in a seed funding round led by BEENEXT and 3one4 Capital. The funding round also saw participation from healthcare industry players and Z21 Ventures. CoverSelf aims to revolutionize healthcare financing by providing innovative solutions for managing healthcare expenses. The funding will support the platform's expansion efforts and further establish its position in the intersection of fintech and healthtech. This funding round highlights the increasing interest and potential in the intersection of finance and healthcare.
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Torus Robotics secures $470,000 seed investment from TNIFMC
Business Today
·
1y ago
Medial
DeepTech startup Torus Robotics has raised $470,000 in a seed funding round led by Tamil Nadu Infrastructure Fund Management Corporation (TNIFMC). The funding will be used to accelerate research and development operations, facilitate the commercialisation of Torus Robotics' powertrain technology solutions for electric vehicles (EVs), and support innovation and growth. The Chennai-based company aims to revolutionise electric mobility by offering more efficient and affordable solutions, with a particular focus on axial flux motors and controllers.
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Cosmic Aerospace Secures $4.5M in Seed Funding
Finsmes
·
1y ago
Medial
Centennial-based aerospace startup Cosmic Aerospace has raised $4.5 million in seed funding. Led by Pale Blue Dot, the round also saw participation from investors such as Aera VC, Visionaries Club TOMORROW, Possible Ventures, and Samurai Incubate. The funding will be used to accelerate the development of the company's first electric aircraft, which is capable of flying up to 1,000 kilometers. Cosmic Aerospace has already built and tested a full-scale electric jet engine and aims to have a flying demonstrator by 2026. They are currently in talks with airlines and other industry stakeholders.
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Neo San, two others raise equity funding, Celebal secures debt investment
VCCircle
·
1y ago
Medial
Climatetech startup Neo San, machinery manufacturer Autocracy Machinery, and sportstech startup Machaxi have all secured funding. Neo San raised $1.5 million in a seed funding round, Autocracy Machinery raised $598,833 in a pre-Series A round, and Machaxi secured $574,843 in a pre-Series A round. Additionally, software consulting firm Celebal Technologies raised an undisclosed amount of debt funding. These companies will use the funds for various purposes such as scaling technologies, developing new technology, expanding markets, and enhancing market penetration.
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