Most Popular Venture Capital News

1. Swiggy's Path to IPO Success (Cited in 9 tech media)

Swiggy, the food delivery giant, is on the brink of launching its $1.25 billion IPO as it secures shareholders' approval to raise over Rs 10,400 crore. The board at Swiggy has given the green light to a special resolution to raise funds through a fresh issue of equity shares and an offer for sale. Sri Harsha Majety has been appointed as the executive director, with Rahul Bothra as the CFO and M.

2. IBM's Strategic Move: Acquiring HashiCorp for Hybrid Cloud Management (Cited in 7 tech media)

IBM's acquisition of HashiCorp for $6.4 billion marks a strategic shift towards hybrid cloud management, steering away from direct competition with cloud giants like Amazon, Microsoft, and Google. This move aligns with IBM's focus on helping IT departments navigate complex hybrid environments, building on previous acquisitions like Red Hat and Apptio.

3. LetsTransport Accelerates with $22 Million Funding Boost (Cited in 7 tech media)

LetsTransport, the truck aggregator startup, has secured a hefty $22 million in funding led by Bertelsmann India Investments. The co-founder and CEO, Pushkar Singh, revealed that the funds will fuel market expansion, business vertical scaling, and profitability goals. The platform, founded in 2015, connects businesses with truckers, offering transportation solutions across various sectors.

4. Midi Health Secures $60M in Series B Funding (Cited in 6 tech media)

Midi Health, a virtual care clinic for women in midlife, raised $60 million in Series B funding led by Emerson Collective. The company plans to expand insurance coverage, hire more clinicians, and scale to care for over 1 million women per year by 2029.

5. FlexAI Revolutionizes AI Compute with $30M Seed Funding (Cited in 6 tech media)

Paris-based FlexAI has secured $30 million in seed funding to disrupt the AI compute landscape. Led by Alpha Intelligence Capital, Elaia Partners, and Heartcore Capital, the company aims to democratize access to diverse compute architectures for AI developers.

6. Parloa's Conversational AI Platform Secures $66M in Series B Funding (Cited in 6 tech media)

Parloa, a conversational AI platform, has raised a whopping $66 million in its latest Series B funding round. The German company, known for its focus on the U.S. market, has seen rapid growth and success since opening an office in New York. With Altimeter Capital leading the investment, Parloa is well-positioned to capitalize on the growing trend of AI in customer service.

7. Movement Labs Revolutionizes Ethereum Security and Performance (Cited in 5 tech media)

Movement Labs, a San Francisco-based blockchain development team, has secured a whopping $38 million in Series A funding to bring Facebook's Move Virtual Machine to Ethereum. Led by Polychain Capital, this funding round includes big names like Hack VC, Placeholder, and Archetype, among others.

8. Coca-Cola's Billion-Dollar AI Deal with Microsoft: A Taste of the Future (Cited in 5 tech media)

Coca-Cola's recent $1.1 billion deal with Microsoft is set to revolutionize the beverage-making industry with cutting-edge AI technology. The partnership aims to enhance productivity, customer experiences, and innovation through the use of generative AI capabilities. Coca-Cola's commitment to digital transformation and AI integration highlights a new era of technological advancement in the beverage sector.

Last week's funding rounds

125 funding rounds, -4% from last week.

Total raised $13.538 billion, +290% since last week

Compare with the same week last year

Weekly report last year

Funding rounds -13% from last year

Total raised +242% since last year

Funding rounds in United States

• 401GO Raises $12M Series A Round 

• AI Squared Raises $13.8M Series A Round 

• Alaffia Health Raises $10M 

• Aropha Raises $1M Seed Round 

• Asher Biotherapeutics Raises $55M Series C Round 

• AtaCor Medical Raises $28M Series C Round 

• Bump Raises $3M Seed Round 

• Carv Raises $10M Series A Round 

• Cerevance Raises $47M Series B Round 

• Chemix Raises $20M Series A Round 

• Churnkey Raises $1.5M 

• Clazar Raises $10M Series A Round 

• Dripos Raises $11M Series A Round from Square 

• Dropzone AI Raises $16.85M Series A Round 

• Endeavor Biomedicines Raises $132.5M Series C Round 

• FinQuery Raises $25M 

• Flyte (Pelvital) Raises $2.32M Seed Round 

• HighByte Raises $12M Series A Round 

• homium Raises $10M Series A Round 

• X.ai Raises $6B 

• Husk Power Systems Raises $4M from EDFI electrifi 

• Ibotta Raises $577M IPO Round 

• LanzaJet Raises $100M 

• Lumeris Raises $100M 

• Midi Health Raises $60M Series B Round 

• MiniLuxe Raises $6M 

• Movement Labs Raises $38M Series A Round 

• Nooks Raises $22M Series A Round 

• Pelvital Raises $5M Seed Round 

• Pomelo Card Raises $35M Series A Round 

• Radical Raises $4.5M Seed Round 

• Rice University Raises $90M 

• Rippling Raises $200M at $13.5B Valuation 

• Rubedo Life Sciences Raises $40M Series A Round 

• Shenzhen Salubris Pharmaceutical Co., Ltd Raises $35M 

• Sublime Security Raises $20M Series A Round 

• Summer Health Raises $12M Series A Round 

• Swisspod Raises $7.44M 

• The Folklore Raises $3.4M Seed Round 

• ThreatLocker Raises $115M Series D Round 

• Toku Raises $9.3M 

• United Planet Raises $400K Grant Round 

• University of Houston Raises $2.5M Grant Round 

• Verne Raises $15.5M 

Funding rounds in India

• Accacia Raises $6.5M 

• Apollo Hospitals Raises $297M from Advent International 

• Diptab Ventures Private Limited Raises $22M Series E Round from Bertelsmann Investments 

• Godrej Group Raises $120.1K 

• IFCI LIMITED Raises $59.97M 

• JSW Group Raises $900M 

• NBCC (India) Limited Raises $2.82M 

• Northern Arc Capital Raises $172M from IFC Venture Capital Group 

• Swiggy Raises $1.25B IPO Round 

Funding rounds in United Kingdom

• CN Bio Innovations Raises $21M Series B Round 

• FilmChain Raises $2.98M 

• Nebra Raises $4.5M 

• Orbex Space Raises $20.79M Series C Round 

• Owlstone Medical Raises $6.5M 

• Skyports Infrastructure Raises $109.65M Series C Round 

• Sorted Raises $2.04M 

• Tangent Raises $1.09M Pre-Seed Round 

Funding rounds in Germany

• Cultimate Foods Raises $2.45M 

• goodcarbon Raises $5.59M 

• Lithium Lasers Raises $3.73M 

• MARKT-PILOT Raises $43M Series A Round 

• octomind Raises $4.8M 

• Parloa Raises $66M Series B Round 

• pliant Raises $19.13M Series A Round 

• Smart Reporting Raises $24.51M Series C Round 

Funding rounds in Canada

• Equispheres Raises $20M Series B Round 

• NeuroCare Group Raises $17.05M 

• SWTCH Raises $27.2M Series B Round 

• UniUni Raises $50M Series C Round 

More funding rounds in the article…

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