Parsers VC - Weekly Funding / Startup / VC news of July 9, 2024

Venture Capital News. Success Story JOGO Health with Siva Nadarajah. Funding rounds, statistics Week of July 2 - July 8: United States (31 - $0.99B), India (9 - $238M), United Kingdom (3 - $2.17B), Canada (3 - $60M), Germany (5 - $89M)

In partnership with

Intercom for Startups

Join Intercom’s Early Stage Program to receive a 90% discount.

Get a direct line to your customers. Try the only complete AI-first customer service solution.

Indian beauty platform Purplle Group has secured a whopping $120 million in funding, with the Abu Dhabi Investment Authority leading the charge. This funding signals a resurgence in big-ticket investments for Indian startups and a growing interest in the booming consumer sector.

A comparison of the real estate market in the National Capital Region (NCR) and Mumbai reveals contrasting trends in property sales and registrations. While NCR experiences a surge in new home sales and launches, Mumbai sees a significant rise in property registrations, indicating a robust market in both regions.

Oyo, the Gurugram-based hospitality unicorn, recently raised $50 million from InCred Wealth and Investment, marking its first funding in almost three years. The company issued Series G CCPS at an issue price of Rs 29 each, raising a total of Rs 416.85 crore. This funding will fuel Oyo's growth, global expansion, and enhanced business plans.

Zomato, the prominent player in the foodtech industry, finds itself at a crossroads as it grapples with a demand notice of Rs 9.5 crore from the GST department. This latest setback adds to the company's previous run-in with tax authorities, having received a substantial penalty notice of Rs 184 crore earlier. Despite these hurdles, Zomato has recently secured shareholder approval for a new Employee Stock Ownership Plan (ESOP) valued at an impressive $458 million. This move underscores Zomato's commitment to rewarding its employees and fostering a culture of ownership within the organization.

Pear Commerce, a Minneapolis-based retail ecommerce enablement platform, recently secured a $10 million Series A funding round led by Stage 2 Capital. This investment will fuel the company's mission to transform shoppable media and enhance retail ecommerce strategies for consumer-packaged goods (CPG) brands.

Prodia, a pioneering distributed network of GPUs for AI inference solutions, recently announced a significant milestone in its journey towards transforming the landscape of AI infrastructure. The company successfully raised a substantial $15 million seed round, with Dragonfly Capital leading the investment charge. This infusion of capital is poised to propel Prodia into a new phase of growth and innovation, enabling the development of scalable, affordable AI solutions powered by Web3 technology.

Odaseva, a San Francisco-based provider of an enterprise data security platform for Salesforce, recently secured $54 million in Series C funding, bringing their total funding to over $90 million. The funding round was led by Silver Lake Waterman, with participation from existing investors F-Prime, Eight Roads, and Serena Capital, as well as new investors Eurazeo and Crescent Cove. This influx of capital will support Odaseva's continued growth and expansion into new markets, with a focus on enhancing their data security and Zero Trust product offerings.

In a groundbreaking move, Prescribe FIT, a Columbus-based provider of remote patient monitoring technology and lifestyle health coaching solutions, has successfully secured $4.8 million in Series A funding. This significant investment marks a pivotal moment for the company as it continues to revolutionize the way musculoskeletal healthcare is delivered.

Last week's funding rounds

122 funding rounds, -14% from last week.

Number of funding rounds in the last quarter - July 8, 2024 by Parsers VC

Total raised $5.89 billion, -60% since last week

Total raised $, bln - July 8, 2024 by Parsers VC

Compare with the same week last year

Funding rounds +46% from last year

Number of funding rounds compared to last year - May 20, 2024 by Parsers VC

Number of funding rounds compared to last year - July 8, 2024 by Parsers VC

Total raised +134% since last year

Total raised compared to last year $, bln - July 8, 2024 by Parsers VC

Funding rounds in United States

  • Odaseva Raises $54M Series C Round 

  • Prescribe FIT Raises $4.8M Series A Round 

  • authzed Raises $12M Series A Round 

  • Sila Nano Raises $375M Series G Round 

  • AS Magazine Raises $6.2M 

  • Pear Commerce Raises $10M Series A Round 

  • upGrad North America Raises $35M 

  • ZeroEyes Raises $53M 

  • GlassPoint, Inc Raises $2.5M 

  • IndyGo Raises $22M 

  • RareCyte Raises $20M 

  • VenoStent Raises $20M Series A Round 

  • Clay Raises $46M 

  • Divergent Raises $47M 

  • VenoStent Raises $3.6M Grant Round 

  • Ollie`s Bargain Outlet Raises $625K 

  • Kanvas Biosciences Raises $12.5M 

  • Carv Raises $35M 

  • Tembo Raises $14M Series A Round 

  • K Health Raises $50M 

  • ACE | Access to Capital for Entrepreneurs Raises $500K 

  • Natcap Raises $10M Series A Round 

  • Douglas Elliman Real Estate Raises $50M from Kennedy Lewis Investment Management 

  • John E. Fogarty Foundation Raises $250K 

  • 7-Eleven Raises $3M 

  • Sift Raises $17.5M 

  • Archer Raises $55M 

  • nodaFi Raises $3.5M 

  • Cartken Raises $22.5M 

  • Vida Raises $3M Seed Round 

  • Dice Raises $5.03M Series A Round 

Funding rounds in United Kingdom

  • DNEG Raises $2B 

  • GoJoe Raises $3.07M 

  • Beacon Therapeutics Raises $170M Series B Round 

Funding rounds in India

  • Purplle Raises $120M 

  • Bank of Baroda Raises $128.1K 

  • OYO Raises $50M 

  • FirstCry.com Raises $217.6K IPO Round 

  • Good Glamm Group Raises $119.8K IPO Round 

  • Matter.in Raises $35M Series B Round 

  • CollegeDekho Raises $9M 

  • Awign Raises $24.5M Series C Round 

  • Fabriclore Raises $1.6M 

Funding rounds in Canada

  • eZinc Raises $31M 

  • gaiia Raises $13.2M Series A Round 

  • Polystyvert Raises $16M Series B Round 

Funding rounds in Germany

  • Feather Raises $6.43M 

  • Vytal | Reusable Packaging-as-a-Service Raises $6.65M 

  • Bling.de Raises $11.99M 

  • alcemy Raises $10M 

  • planqc Raises $54.2M 

Follow new funding rounds every day on Twitter and Telegram

Success Story

JOGO Health Success Story. 10 OOTB questions to founder Siva Nadarajah

JOGO Health recently raised $5.5M in funding. Success story to Siva Nadarajah in 10 out-of-the-box questions

We prepare personalized newsletters depending on the Locations and Categories of Venture news that interest you.

Select Locations and News Categories for funding rounds, startups and venture capital funds and we will send you the news that interests you most.

Which Locations' news are you more interested in?

Login or Subscribe to participate in polls.

Which Category news are you more interested in?

Login or Subscribe to participate in polls.

Reply

or to participate.