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Silence Laboratories, four others raise early-stage funding

VCCircle

VCCircle · 1y ago

Silence Laboratories, four others raise early-stage funding

Privacy-tech startup Silence Laboratories, SaaS startups Zvolv and Nurturev, construction material marketplace Bandhoo, and ambulance service provider Dial4242 have announced early-stage funding. Silence Laboratories raised $4.1 million in a pre-Series A funding round led by Pi Ventures to scale their technology and expand their presence. Zvolv raised $1.9 million led by Silverneedle Ventures to enhance their low-code/no-code AI platform. Nurturev secured $1 million in a pre-seed funding round led by Antler, while Bandhoo raised $886,479 in a pre-Series A funding round led by Venture Catalysts. Dial4242 secured $120,609 in seed funding from Raj Neravati to improve their ambulance services.

Related News

Privacy tech firm Silence Laboratories raises $4.1 million in funding round

Thehindubusinessline

Thehindubusinessline · 1y ago

Privacy tech firm Silence Laboratories raises $4.1 million in funding round

Silence Laboratories, a privacy tech company, has secured $4.1 million in funding led by Pi Ventures and Kira Studio, as well as several angel investors. The funds will assist Silence Laboratories in advancing its mission to revolutionize privacy-preserving authorization and collaborative computation. The company aims to eliminate vulnerabilities in digital economies by utilizing privacy-enhancing technologies like multi-party computation. Through innovative software stacks, Silence Laboratories merges economic securities, blockchain transparency, and cryptographic guarantees to help enterprises manage secrets and enable privacy-preserving collaboration. The company's products align with the growing demand for privacy compliance and protection in the digital landscape.

Privacy tech firm Silence Laboratories raises $4.1 million in funding round

Thehindubusinessline

Thehindubusinessline · 1y ago

Privacy tech firm Silence Laboratories raises $4.1 million in funding round

Silence Laboratories, a privacy tech company, has raised $4.1 million in funding led by Pi Ventures and Kira Studio. The funding will help accelerate the company's goal of transforming privacy-preserving authorization and collaborative computation. Silence Laboratories aims to decentralize digital economies by eliminating single points of failure and exposure, using privacy-enhancing technologies like multi-party computation. The company has developed software based on learnings from economics, blockchains, cryptography, and fintech to create privacy-focused solutions. Their products include Silent Shard, a decentralized authorization library, and Silent Compute, which enables privacy-preserving collaboration among institutions.

Silence Labs Bags $4 Mn To Help Enterprises With Data Privacy

Inc42 · 1y ago

Silence Labs Bags $4 Mn To Help Enterprises With Data Privacy

Privacy tech startup Silence Laboratories has raised $4 million in a pre-Series A funding round co-led by Pi Ventures and Kira Studio, with participation from angel investors. The funds will be used to transform privacy-preserving authorization and collaborative computation, as well as to scale the company's tech and business teams. Silence Laboratories, founded in 2021, offers cybersecurity solutions using technologies like multiparty computation (MPC) to ensure data privacy. The startup aims to create a global collaboration infrastructure that removes single points of failure and enables privacy-compliant collaboration between enterprises.

Privacy technology startup Silence Laboratories raises $4M led by Pi Ventures, others

IndianStartupNews

IndianStartupNews · 1y ago

Privacy technology startup Silence Laboratories raises $4M led by Pi Ventures, others

Privacy technology startup Silence Laboratories has secured $4.1 million in funding to advance its data privacy solutions for businesses. Led by Pi Ventures and Kira Studio, with participation from angel investors, the round will support the development of secure data collaboration tools that utilize multiparty computation (MPC) technology. Silence Laboratories offers two products, Silent Shard and Silent Compute, which protect private keys and facilitate private data analysis respectively. The company aims to create a global network for secure data collaboration, with a specific focus on expanding its customer base in the finance and healthcare sectors.

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

TechCrunch · 8m 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.

Privacy tech startup Silence Laboratories raises $4 million in funding led by Pi Ventures

Economic Times

Economic Times · 1y ago

Privacy tech startup Silence Laboratories raises $4 million in funding led by Pi Ventures

Silence Laboratories, a privacy-focused data protection company, has raised $4.1 million in a funding round led by Pi Ventures and Kira Studio. The Singapore and Bangalore-based company will use the funds to scale its technology and business team and invest in research and development. Silence offers products that use multiparty computation (MPC) technology to enable data computation while maintaining privacy. Its solutions, such as Silent Shard and Silent Compute, allow enterprises to collaborate on data processing without exposing sensitive information. The company currently serves 19 enterprise customers, generating around $500,000 in annual recurring revenue.

VCs apply PMF filter on early-stage startups seeking follow-on funding

Economic Times

Economic Times · 10m ago

VCs apply PMF filter on early-stage startups seeking follow-on funding

A new study by Venture Intelligence reveals that only one in four early-stage startups that secure seed funding are able to raise follow-on capital in the form of a Series A round. This is partly due to the downturn in risk capital investing, which has led to investors taking a closer look at the ventures they fund. Furthermore, the number of startups receiving Series A funding in India has dropped by 45% in the past year, reflecting the broader funding slowdown in the country's startup ecosystem. However, once a startup reaches the Series A stage, its chances of raising further capital improve significantly.

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.

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 and acquisitions in Indian startups this week [23-28 Oct]

Entrackr

Entrackr · 1y ago

Funding and acquisitions in Indian startups this week [23-28 Oct]

Indian startups raised a total of $339 million in funding this week, with electric vehicle manufacturer Ola Electric securing $240 million in a Series E funding round. Bengaluru-based startups led in terms of the number of funding deals and amount raised. Four growth-stage startups and several early-stage startups also secured funding. In terms of layoffs and shutdowns, fashion tech startup Virgio and Unacademy's Graphy let go of employees, while CarTrade announced the closure of OLX's auto sales business.

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