Medulance, an emergency healthcare services startup, has raised $3 million in Series A funding, led by Alkemi Growth Capital.The funding round also saw participation from investors such as Dexter Capital, Boat founder Aman Gupta, and Emcure Pharmaceuticals’ executive director Namita Thapar. The New Delhi-based startup has raised fresh capital after running as a profitable bootstrapped company for six years, it said in the statement.The funds will be used to increase its presence across the...
Layoffs usually drive attention and sympathy toward affected employees, but rarely does anyone talk about what happens to the recruiters who are sometimes also asked to leave when companies decide to cut headcount. Indeed, tech firms cut up to half of their recruitment teams when they were laying people off in droves back in 2022 […] © 2024 TechCrunch. All rights reserved. For personal use only.
Pune-based agritech firm Ecozen on Friday said it has raised $30 million (about Rs 250 crore) in a mix of equity and debt from existing investors including US-based global investment manager Nuveen.The debt support in the deal was fulfilled by InCred Credit Fund and U.S. International Development Finance Corporation through Ecozen’s exclusive advisor Setuka Partners, said a company statement.Ecozen said it has grown fivefold over the past two years, with a threefold increase in profit. The maker...
Qureight, a Cambridge-based health tech company that develops digital infrastructure for complex medical data, has raised $8.5m (£6.8m). The company was founded in response to the limited treatment options for complex heart and lung diseases. According to Qureight, part of the problem is that researchers have to manually extract important information from large volumes of […]
Late-stage HR tech startup Rippling is raising new capital. The company’s new round, which has not yet closed, would inject $200 million into Rippling with another $670 million worth of shares being sold by existing stockholders, according to two people familiar with the deal. This will be Rippling’s Series F and could raise its valuation […] © 2024 TechCrunch. All rights reserved. For personal use only.
Former Unacademy chief operating officer Vivek Sinha on Wednesday announced the launch of a new venture, Beyond Odds Technologies, with a seed funding of $11 million in a mix of equity and debt.The Bengaluru-based startup is building for employability-led training, certification, and recruitment services in the grey-collar workforce segment. The platform connects employers on the demand side to its talent supply base among students.The venture is set to launch Emversity, a higher education brand...
Chip startup Rivos said on Tuesday it raised $250 million in a funding round that will enable it to manufacture its first server chip geared for artificial intelligence. Nvidia's combination of chips and CUDA software dominates the market for AI-related computing, and Nvidia gobbled up more than 80% market share of AI chips in 2023. But a host of startups and chip giants have started to launch competing products, such as Intel's Gaudi 3 and Meta's inference chip - both unveiled last week. Rivos...
Indictment says man tricked cloud providers into giving him services he never paid for.
Paediatric behavioural and developmental health platform Butterfly Learnings on Thursday announced that it completed a series A funding round raising Rs 32 crore.Insitor Impact Asia Fund II and Enzia Ventures led the funding. Other participants included CIIE (IIMA Ventures), Foundation Botnar, 9 Unicorns, and Venture Catalysts.The company plans to use the funds to “extend its reach across multiple states and cities in India through a 200-center network,” it said in a statement. It currently has...
Premier African Minerals Ltd (AIM:PREM, OTC:PRMMF) chief executive George Roach provides an update on the Zulu lithium and tantalum project in Zimbabwe alongside news of a £2 million fundraising.
ClickPost, a logistics intelligence platform for online retailers, has raised $6 million in a funding round led by early-stage venture capital firms Inflexor Ventures partners and Athera Venture Partners. The round also saw participation from Riverwalk Holdings and its existing investor Rebright Partners.ClickPost said the funds will be used for introducing enhanced products and to extend its presence into new geographical areas, as well as further within its existing regions. We've seen some of...
Andreessen Horowitz raised $7.2 billion for investments in growth, artificial intelligence and other areas but hasn't announced new funding for its crypto arm.