Parsers VC - Weekly Funding / Startup / VC news of August 6, 2024

Venture Capital News. Funding rounds, statistics Week of July 30 - August 5: United States (31 - $1.42B), India (7 - $231M), United Kingdom (6 - $222M), Germany (8 - $375M), Canada (3 - $45M)

August 06, 2024

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Apple is at a crossroads. The tech giant, known for its sleek designs and innovative products, is reportedly gearing up to launch a foldable iPhone by 2026. This move could redefine its flagship device, but it comes at a time when Apple faces significant challenges, particularly in the Chinese market.
The foldable iPhone represents a leap into uncharted territory. Apple has long been a trendsetter, but this time, it’s playing catch-up. Samsung pioneered the foldable smartphone market in 2019, and now Apple is looking to join the fray. The foldable iPhone is said to have moved beyond the drawing board. Reports indicate that Apple has reached out to manufacturers in Asia to start production. This is a sign of commitment, but the road ahead is fraught with uncertainty.

In a world where women’s health often takes a backseat, Flo Health has burst onto the scene like a comet. The London-based femtech company recently secured over €180 million in a Series C funding round, pushing its valuation past the billion-dollar mark. This achievement makes Flo the first purely digital consumer women’s health app to reach unicorn status. It’s a significant milestone, not just for the company, but for the entire femtech industry.
Flo Health is not just another app. It’s a lifeline for women navigating the complex landscape of health. From menstruation to menopause, Flo supports women at every stage of their journey. With a team of over 120 doctors and health experts, the app offers curated cycle and ovulation tracking. Users can monitor more than 70 symptoms, gaining insights that empower them to take charge of their health.

In the ever-evolving landscape of biotechnology, partnerships are the lifeblood of innovation. Two recent collaborations highlight this trend: GSK's partnership with Flagship Pioneering and Autobahn Therapeutics' successful funding round. Both ventures aim to tackle pressing health issues, from respiratory diseases to mental health disorders. They represent a new frontier in medicine, where collaboration and investment drive breakthroughs.

In the world of e-commerce and retail, change is the only constant. Two brands, Temu and Lululemon, are rewriting their narratives, each in their unique way. Temu, a rising star in online marketplaces, is breaking records and expanding its reach. Lululemon, a staple in athleisure, is redefining its brand image in China. Together, they illustrate the dynamic landscape of modern commerce.

5. The AI Infrastructure Revolution: Pioneering the Future of Data Management and Security (Cited in 12 tech media)

The landscape of artificial intelligence (AI) is evolving rapidly. Companies are racing to build robust infrastructures that can support the demands of AI applications. This race is not just about speed; it’s about efficiency, scalability, and security. As organizations grapple with the complexities of data management, several key players are emerging, each with unique solutions to address the challenges of the AI era.

In a world where technology and communication are the lifeblood of business, partnerships can be the lifeboats that keep companies afloat. Enablo, an Australian technology provider, has recently joined forces with Flip, a Super App designed for frontline workers. This collaboration comes at a pivotal moment, as Meta prepares to sunset its Workplace platform by 2025. The stakes are high, and the need for seamless transitions in employee engagement tools has never been more critical.

The world of artificial intelligence (AI) is akin to a vast, uncharted territory. Companies are racing to stake their claims, much like prospectors during the gold rush. But instead of gold, the currency of this new era is data. As giants like Apple and Microsoft join forces to manage AI risks, the landscape is shifting. The stakes are high, and the implications are profound.

In a world where devices outnumber humans, the need for seamless connectivity is paramount. Enter ZeroTier, a virtual networking startup that just secured $13.5 million in funding. This infusion of capital is set to propel product development and expand its reach across the globe. With Andrew Gault at the helm, the company is poised to redefine how we connect.

Last week's funding rounds

102 funding rounds, +13% from last week.

Number of funding rounds in the last quarter - August 5, 2024 by Parsers VC

Total raised $3.4 billion, -38% since last week

Total raised $, bln - August 5, 2024 by Parsers VC

Compare with the same week last year

Funding rounds -7% from last year

Number of funding rounds compared to last year - August 5, 2024 by Parsers VC

Total raised -45% since last year

Total raised compared to last year $, bln - August 5, 2024 by Parsers VC

Funding rounds in United States

  • Cowbell Raises $60M Series C Round 

  • Altana Trade Raises $200M 

  • Gradient AI Raises $56M 

  • Perchwell Raises $25M Series B Round 

  • CredoAI Raises $21M 

  • Sybill Raises $11M 

  • unspun Raises $32M 

  • Crown Crafts, Inc. (CRWS) Raises $48M 

  • Foresight Diagnostics Inc. Raises $73.75M Series B Round 

  • PineTree Therapeutics Inc Raises $17M Series A Round 

  • Zoe Immersive Raises $15M 

  • Aveni Raises $14.15M 

  • Kestra Medical Technologies, Inc. Raises $196M 

  • ZeroTier, Inc. Raises $13.5M 

  • National Math and Science Initiative Raises $250K Grant Round 

  • Leaf Agriculture Raises $11.3M Series A Round 

  • Lovetovisit.com Raises $4.11M 

  • Spring Health Raises $100M Series E Round 

  • Outpace Bio Raises $144M Series B Round 

  • Ocugen Raises $35M 

  • INNERGY Raises $44M from Mainsail Partners 

  • RxDiet Raises $3M 

  • Bilt Rewards Raises $150M 

  • Tezi Raises $9M Seed Round 

  • Naturaz LLC Raises $1M 

  • Sabio Inc. Raises $10M 

  • Axiad Raises $25M 

  • Kneevoice Raises $1.25M 

  • TS Conductor  Raises $60M 

  • Slice Raises $17.5M 

  • Faye Travel Insurance Raises $31M Series B Round 

Funding rounds in United Kingdom

  • Flo Period Tracker Raises $200M Series C Round 

  • Definely Raises $751K Grant Round 

  • Shot Scope Raises $8.5M Series B Round 

  • Leanpay Raises $10.83M Series B Round 

  • Chromacity Raises $1.28M 

  • Luminous XR Raises $1.29M 

Funding rounds in India

  • Simple Energy Raises $20M Series A Round 

  • Rapido Raises $120M from WestBridge Capital Partners 

  • ElectricPe Raises $3M Seed Round from Green Frontier Capital 

  • gnani.ai Raises $4M Series A Round from Samsung Venture Investment 

  • Vayana Raises $20M Series D Round 

  • Navi Raises $38M from J.P. Morgan 

  • Clix Capital Raises $26.28M 

Funding rounds in Germany

  • osapiens Raises $120M Series B Round 

  • Checkly Raises $19.9M Series B Round 

  • Protembis Raises $21.65M from European Investment Bank 

  • MARCLEY Raises $4.33M 

  • Amperecloud Raises $3.57M 

  • Encavis AG Raises $156.84M 

  • MYNE (VILLACIRCLE) Raises $43.3M 

  • LESER The Safety Valve Raises $5.97M 

Funding rounds in Canada

  • WorkJam Raises $20M from Export Development Canada 

  • High Tide Inc. Raises $15M 

  • Layer2 Financial Raises $10.7M Series A Round 

Follow new funding rounds every day on Twitter and Telegram

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