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- Parsers VC - Weekly Funding / Startup / VC news of June 18, 2024
Parsers VC - Weekly Funding / Startup / VC news of June 18, 2024
Venture Capital News. Success Story Behavio with Lukas Toth. Funding rounds, statistics Week of June 11 - June 17: United States (35 - $11.03B), India (9 - $172M), United Kingdom (6 - $348M), Canada (5 - $262M)
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Most Popular Venture Capital News
1. Mistral AI Emerges as a Powerhouse in the European AI Arena (Cited in 11 tech media)
Mistral AI, a rising star in the realm of artificial intelligence, has recently made waves by securing a substantial €600 million in funding. This funding round, spearheaded by General Catalyst and supported by a consortium of investors including Lightspeed, Andreessen Horowitz, Bpifrance, and BNP Paribas, has propelled Mistral into the spotlight as a formidable contender against the established industry leader, OpenAI.
2. Battery Smart Charges Ahead with $65 Million Boost (Cited in 8 tech media)
Battery Smart, a Delhi-based EV startup, has secured a hefty $65 million in Series B funding to supercharge its battery swapping network and drive electric mobility adoption across India. The funding round, led by LeapFrog Investments, saw a mix of new and existing investors like MUFG Bank, Panasonic, Ecosystem Integrity Fund, Blume Ventures, and British International Investment jumping on board. With this fresh injection of capital, Battery Smart plans to rapidly expand its battery-as-a-service solution to more cities, bringing the convenience of battery swapping to a wider audience.
3. Foxtale: Revolutionizing the Indian D2C Beauty Industry with $18 Million in Series B Funding (Cited in 7 tech media)
Foxtale, a dynamic direct-to-consumer (D2C) skincare brand, has recently made headlines by securing a substantial $18 million in series B funding, spearheaded by the esteemed Panthera Growth Partners. This Mumbai-based startup, founded by the visionary Romita Mazumdar, is swiftly emerging as a frontrunner in the competitive beauty landscape, offering innovative products tailored to address common skin concerns such as acne, aging, and hyperpigmentation.
4. BlockDAG Network: Riding the Wave of Success with Whale Investments (Cited in 6 tech media)
BlockDAG Network has emerged as a standout player in the cryptocurrency landscape, achieving a significant milestone by raising an impressive $36 million in its presale. The project is currently experiencing a daily inflow of $500,000, a rate that is expected to soar to $5 million per day with the entry of cryptocurrency whales. This influx of substantial investment underscores the growing confidence and excitement surrounding BlockDAG's innovative approach and ambitious roadmap.
5. AccountsIQ's Financial Evolution: A €60M Series C Funding Triumph (Cited in 6 tech media)
In a groundbreaking move that is set to redefine the landscape of finance, Dublin-based cloud accounting platform, AccountsIQ, has secured a monumental €60M in Series C funding from Axiom Equity. This significant investment is poised to catapult the company to unprecedented heights, bolstering its AI capabilities and expanding its team to over 200 dedicated individuals. Spearheaded by the visionary CEO, Tony Connolly, AccountsIQ is on a relentless mission to revolutionize the finance function, empowering finance teams worldwide to make informed decisions through seamless digital collaboration and cutting-edge technology.
6. Ethereal Machines Revolutionizing Precision Manufacturing (Cited in 6 tech media)
Ethereal Machines, a cutting-edge manufacturing startup, recently secured a whopping $13 million in Series A funding from Peak XV Partners and Steadview Capital. This funding will fuel their research and development efforts, the construction of a state-of-the-art smart factory, and the development of multi-axis CNC controllers.
7. Cognigy Secures $100 Million in Series C Funding to Transform Customer Service Automation (Cited in 6 tech media)
In a groundbreaking move, Cognigy, a trailblazer in AI-first customer service automation, has successfully raised a staggering $100 million in Series C funding. This significant investment, spearheaded by Eurazeo Growth, marks a pivotal moment in Cognigy's journey towards revolutionizing the customer service landscape on a global scale.
8. Better Health Secures $14M Funding to Revolutionize Chronic Care Solutions (Cited in 6 tech media)
Better Health, a groundbreaking medical supply and support provider, has recently announced a significant milestone in its journey towards transforming chronic care solutions. With a strategic funding round of $14 million, the company is poised to enhance its services and expand its reach to better serve individuals with chronic conditions. This funding round, which includes investments from key players in the healthcare industry such as Healthworx, UHealth, Samsung Next, and others, underscores the industry's recognition of Better Health's pivotal role in revolutionizing healthcare delivery for chronic conditions.
Last week's funding rounds
131 funding rounds, 0% from last week.
Number of funding rounds in the last quarter - June 17, 2024 by Parsers VC
Total raised $13.74 billion, +236% since last week
Total raised $, bln - June 17, 2024 by Parsers VC
Compare with the same week last year
Funding rounds +2% from last year
Number of funding rounds compared to last year - June 17, 2024 by Parsers VC
Total raised +515% since last year
Total raised compared to last year $, bln - June 17, 2024 by Parsers VC
Funding rounds in United States
Homeless Youth Connection Raises $600K
OnStation Raises $8.5M Series A Round
Purdue University Raises $187M
BrightWave Raises $6M
Cyberhaven Raises $88M Series C Round
Butler University Raises $2.5M
Zips Car Wash LLC Raises $70M from Atlantic Street Capital
SensArs Neuroprosthetics Sarl Raises $1.2M
Canary Speech Raises $13M Series A Round
Bridge Capital Solutions Raises $75M IPO Round
Better Raises $14M
FoodCorps Raises $50K
CAKE by Mad Mobile Raises $50M
Aepnus Technology Raises $8M Seed Round
Findigs Raises $27M Series B Round
Rezolute Raises $60M
PNC Raises $120K
YourSix Raises $10.5M Series A Round
CanaryTechnologies Raises $50M Series C Round
InduPro Raises $85M Series A Round
Vantage Data Centers Raises $9.2B
Learn to Win Raises $30M Series A Round
CargoSense Raises $8M Series A Round
Alzheon, Inc. | Preserving Future Memories Raises $100M Series E Round
Swift Solar Raises $27M Series A Round
Workweek Raises $12.5M Series A Round
Pipe Raises $100M
Apex Raises $95M Series B Round
Aidentified Raises $12.5M Series B Round
AlphaSense Raises $650M
Colossal Management, LLC Raises $8.9M
XONA Raises $18M
Gener8 Raises $2.56M
Alō Index Raises $1.9M
Autify Raises $13M Series B Round
Funding rounds in India
Arthan Finance Raises $5.99M Series B Round
Battery Smart Raises $65M Series B Round
Finsall Raises $1.8M from Unicorn Ascension Fund
Ethereal Machines Raises $13M Series A Round
CredAble Raises $3.59M from SIDBI
Renee Cosmetics Raises $11.98M Series B Round from Evolvence India
Sabine Hospital Raises $50M
slice Raises $20M
Sova Health – Healthy Eating Made Simple Raises $1M Seed Round
Funding rounds in United Kingdom
AccountsIQ Raises $64.87M Series C Round
Echion Technologies Raises $37.1M Series B Round
Sidekick Raises $10.87M
Fuuse Raises $11.13M Series A Round
FOR:EV Raises $12.76M
Raspberry Pi Raises $212.12M IPO Round
Funding rounds in Canada
FLO EV Charging Raises $136M
ResVR Raises $1.24M Seed Round
Kardium Inc. Raises $104M
Motion Gestures Raises $2M
Parity Raises $19M Series B Round
Success Story
Behavio recently raised €2.25M in late Seed funding. Success story to Lukas Toth in 10 out-of-the-box questions
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