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- Parsers VC - Weekly Funding / Startup / VC news of July 9, 2024
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)
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1. Purplle: A Rising Star in the Beauty Industry (Cited in 9 tech media)
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.
2. Real Estate Boom in NCR and Mumbai: A Tale of Two Cities (Cited in 7 tech media)
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.
3. Oyo's Funding Journey: A Rollercoaster Ride (Cited in 5 tech media)
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.
4. Zomato's Turbulent Journey: Navigating GST Challenges and Embracing ESOP Success (Cited in 5 tech media)
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.
5. Pear Commerce: Revolutionizing Retail Ecommerce with $10M Series A Funding (Cited in 5 tech media)
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.
6. Prodia Secures $15 Million Funding to Revolutionize AI Infrastructure (Cited in 5 tech media)
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.
7. Odaseva: Leading the Charge in Enterprise Data Security (Cited in 5 tech media)
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.
8. Prescribe FIT: Transforming Musculoskeletal Healthcare with Series A Funding (Cited in 5 tech media)
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.
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/cdaa0cb6-9eba-4319-8978-180758778fdc/Number_of_funding_rounds_9_07.gif?t=1720538170)
Number of funding rounds in the last quarter - July 8, 2024 by Parsers VC
Total raised $5.89 billion, -60% since last week
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Total raised $, bln - July 8, 2024 by Parsers VC
Compare with the same week last year
Funding rounds +46% from last year
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Number of funding rounds compared to last year - May 20, 2024 by Parsers VC
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/13463379-9b23-44c7-a028-c9fbf7a1e116/Number_of_funding_rounds_compared_to_last_year_9_07.gif?t=1720538858)
Number of funding rounds compared to last year - July 8, 2024 by Parsers VC
Total raised +134% since last year
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/dc0d05fa-d32e-4feb-a388-b34f1d4307ac/Total_raised_compared_to_last_year_09_07.gif?t=1720539001)
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
Success Story
JOGO Health recently raised $5.5M in funding. Success story to Siva Nadarajah in 10 out-of-the-box questions
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