Exclusive: Seed-stage firm Eniac Ventures raises $220M across two funds


by TechCrunch

TechCrunch— Eniac has raised $60 million for Select 1, the firm’s vehicle for follow-on later-stage investments, and $160 million for Eniac VI. © 2024 TechCrunch. All rights reserved. For personal use only.

ETtech.com—Cross-border payments platform BriskPe raises $5 million seed funding from PayU. Digital payments major PayU has invested $5 million in Mumbai-based cross border payments platform BriskPe, the company said in a press note today. This is the first institutional funding round for the startup.The investment is part of PayU’s efforts to build a full stack payments platform across both domestic and international payments. It will help complement PayU India’s existing offerings for exports and imports, the company said.BriskPe was one of 30 early stage fintech startups which...

TechCrunch—EXCLUSIVE: Tiger Global-backed Innovaccer in talks to raise $250 million in new funding, sources say. Innovaccer, a health tech startup that aggregates patient data across systems and care settings, is in advanced stages of talks with investors to raise as much as $250 million in a new financing round, three sources familiar with the matter told TechCrunch. The deliberation for the new funding round is ongoing, and the current talks […] © 2024 TechCrunch. All rights reserved. For personal use only.

TechCrunch—Norwest Venture Partners raises $3B for 17th vehicle, maintaining fund size despite market downturn. Norwest Venture Partners, a 65-year-old firm backed solely by Wells Fargo, has raised its 17th fund at $3 billion. That’s a noteworthy number, given that NVP last raised the same amount in December 2021. That was the peak of the venture boom, and at that time, the firm said it increased its capital pool by […] © 2024 TechCrunch. All rights reserved. For personal use only.