Agritech company Poshn said it has raised $4 million in equity and $2 million in debt in a pre-Series A funding round led by Prime Venture Partners and Zephyr Peacock India.The startup plans to use the funds to build its innovative stack of solutions that address the gaps in the system. It also aims to expand its business to global markets with imports and exports in profitable categories to Southeast Asia and the Middle East.“Poshn has already cemented its position in the wholesale segment over...
Bengaluru-based packaged foods startup Go Desi on Thursday said it has raised Rs 41 crore (about $4.9 million) in equity investment from Aavishkaar Capital.This marks the seventh investment from the Aavishkaar India Fund VI, a $150-million vehicle investing across impact sectors such as financial inclusion, sustainable agriculture, climate, consumer and healthcare in India.The Series B round also saw participation from existing investors Rukam Capital, Roots Ventures and DSG Consumer, as per a...
Major Australian Pension Fund To Restrict Coal Investments By Tsvetana Paraskova of OilPrice.com Australian Retirement Trust, which manages $183 billion (AUS$280 billion) of retirement savings, is placing thermal coal on its exclusion list as of July 1, as it looks to have a net-zero emissions portfolio by 2050. Thermal coal includes the mining of lignite, bituminous, anthracite, and steam coal and its sale to external parties, the second-largest Australian pension fund said in...
The fire sale of Silicon Valley Bank is nearly complete, a scant 14 months
On May 2, 2024, Reunion Neuroscience Inc., a clinical-stage biopharmaceutical company committed to pushing the boundaries of neuroscience, announced the close of a $103 million Series A financing co
A $400 million increase in federal funding is available for security in places of worship, Senate Majority Leader Chuck Schumer announced Sunday.
(The Center Square) – Spokane County announced a volley of funding on Friday morning that had been secured from the state for several key priorities and infrastructure projects. The announcement comes right before the official start this weekend of the City of Spokane's 50th anniversary celebration of its hosting the World's Fair in 1974. STATE FUNDING SECURED FOR REGIONAL PRIORITIES “Spokane County appreciates the State Legislature and the Governor’s partnership...
The UK's cyber security industry is currently in high demand due to a rise in attacks, especially on businesses and high-income charities.
US health and insurance giant Kaiser Permanente is in advanced talks to lead a $200-250 million investment in healthcare-focused software-as-a-service (SaaS) firm Innovaccer, said people aware of the matter. This will be a mix of primary and secondary funding, they said.The secondary transaction is likely to be at a lower valuation than its peak valuation of $3.2 billion in December 2021. “The blended valuation would be around $2.5 billion,” a person aware of the talks said.The nearly flat...
LILLE, France & PARIS--(BUSINESS WIRE)--Apr 29, 2024--. 4P-Pharma, a
Early-stage investment firm Capria Ventures has concluded the fundraising for its India Opportunity Fund at Rs 153 crore (around $19 million).This follows Capria Ventures' announcement of a full-cash exit from job-tech startup Awign, in which Japanese HR firm Mynavi Corp acquired a majority stake.“Such a majority stake acquisition by a global multinational firm (Mynavi Corp) in a company like Awign is a great milestone for the entire venture capital industry. Through this exit, we will be...
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.