Parsers VC - Weekly Funding / Startup / VC news of May 28, 2024

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Most Popular Venture Capital News

1. Enifer's Groundbreaking Journey: A New Era in Mycoprotein Production (Cited in 9 tech media)

Enifer, a pioneering Finnish biotech startup, has recently made waves in the protein industry by securing an impressive €36 million in funding. This substantial investment is set to fuel the construction of a state-of-the-art mycoprotein factory that promises to redefine the way protein is produced and consumed.

2. UnifyApps: Pioneering a New Era of Enterprise Integration Excellence (Cited in 6 tech media)

UnifyApps, a dynamic and innovative software integration startup, recently made waves in the tech world by securing a substantial $11 million in funding, with Elevation Capital leading the charge. Spearheaded by the visionary Pavitar Singh, UnifyApps is on a mission to revolutionize the way businesses connect and streamline their diverse array of software tools.

3. Zypp Electric's Electrifying Growth Story (Cited in 5 tech media)

Zypp Electric, a B2B delivery and shared mobility startup, recently secured a hefty $14 million in its Series C round from Japan-based ENEOS Oil & Energy Asia. This investment marks a significant milestone for the Gurugram-based company, propelling it towards further expansion and innovation in the electric vehicle space.

4. RBI's Historic Surplus Transfer to Government: A Game-Changer in India's Financial Landscape (Cited in 5 tech media)

In a groundbreaking move, the Reserve Bank of India's Central Board of Directors has given the green light to an unprecedented surplus transfer of Rs 2.11 lakh crore to the government for the fiscal year 2023-24. This monumental decision has sent shockwaves through the financial sector, surpassing all previous records and defying expectations. The surplus transfer, meticulously calculated based on the Economic Capital Framework established by the RBI, showcases the central bank's exceptional financial performance and strategic acumen.

5. Syre's $100 Million Series A Funding and Expansion Plans (Cited in 5 tech media)

Syre, the textile impact company, recently secured a whopping $100 million in Series A funding to fuel its ambitious plans for gigascale textile-to-textile recycling plants. The company, founded by Vargas and H&M Group, is on a mission to revolutionize the textile industry by decarbonizing and dewasting through innovative recycling processes. With strategic partners like TPG Rise Climate, Giant Ventures, IMAS Foundation, Norrsken VC, and Volvo Cars on board, Syre is poised to lead the great textile shift towards sustainability and circularity.

6. Revolutionizing Healthcare with Real-World Evidence (Cited in 5 tech media)

Atropos Health, a trailblazer in the realm of healthcare innovation, has recently secured a staggering $33 million in Series B funding. This funding, led by Valtruis and joined by strategic investors like McKesson Ventures and Merck GHI Fund, marks a significant milestone in Atropos Health's journey towards transforming value-based care through real-world evidence.

7. DeepL Revolutionizes AI Language Solutions with $300M Investment (Cited in 5 tech media)

DeepL, a Cologne-based language AI company, secures a $300 million investment at a staggering $2 billion valuation. Led by Index Ventures, the funding round also includes support from ICONIQ Growth, Teachers’ Venture Growth, and existing investors IVP, Atomico, and WiL. This injection of capital will fuel DeepL's mission to enhance its suite of AI communication tools for businesses, expand globally, and attract top talent in AI research, product development, engineering, and go-to-market strategies.

8. OneStock Secures $72 Million Investment from Summit Partners (Cited in 5 tech media)

OneStock SAS, a leader in Order Management Systems (OMS), has announced a $72 million investment from Summit Partners. Founded in 2015 by CEO Romulus Grigoras and CTO Benoit Baccot, OneStock aims to simplify the omnichannel landscape for retailers and enhance customer experience. With a cloud-native solution, OneStock offers a centralized platform for seamless order fulfillment and visibility, empowering retailers to provide a unified shopping experience.

Last week's funding rounds

112 funding rounds, -14% from last week.

Total raised $6.126 billion, -46% since last week

Compare with the same week last year

Weekly report last year

Funding rounds +7% from last year

Total raised +80% since last year

Funding rounds in United States

• Aerodome Raises $21.5M Series A Round 

• AltruBio Raises $225M Series B Round 

• Amino Raises $10M from Leerink Transformation Partners 

• Atropos Health Raises $33M 

• Bolster Inc. Raises $14M Series B Round 

• Boulder Care Raises $35M 

• Capchase Raises $114.08M 

• Cover Whale Raises $27.5M 

• Easy Metrics Raises $31M 

• Expedera Inc Raises $20M Series B Round 

• Footprint Raises $13M Series A Round 

• Grey Wolf Therapeutics Stage Raises $50M Series B Round 

• Hydrolix Raises $35M Series B Round 

• KETOS Raises $10M 

• memobottle Raises $370K 

• Nanopath Raises $4M Grant Round 

• Origis Energy Raises $300M 

• Overland AI Raises $10M Seed Round 

• Patronus AI Raises $17M Series A Round 

• Praktika Raises $32.5M Series A Round 

• R3 Vascular Raises $87M Series B Round 

• Recurrent Energy Raises $730M 

• RootNote Raises $1.5M Pre-Seed Round 

• SamaCare Raises $17M 

• Schilling Cider Raises $75K 

• SOCRadar Extended Threat Intelligence Raises $25.2M 

• UniFirst Raises $50K 

• Userfront Raises $5.3M Seed Round 

• Verse Inc. Raises $20.5M Series A Round 

• Videra Health Raises $5.6M 

• Volt Raises $3M Seed Round 

• WeatherXM Raises $7.7M Series A Round 

• XGS Energy (Formerly Geothermic Solution) Raises $20M Series A Round 

Funding rounds in India

• Awfis Space Solutions Private Limited Raises $32.19M Pre-IPO Round 

• BluSmart Raises $24.02M Series A Round 

• Digit Insurance Raises $140.93M 

• Fitiquette Raises $1B from Google 

• Personal loans Raises $18.02M 

• Propelld Raises $25M 

• Stanza Living Raises $13M from Alpha Wave Global 

• Student Loan-Varthana Raises $3.26M 

• Zypp Electric Raises $15M 

Funding rounds in United Kingdom

• LabGenius Raises $44.46M Series B Round 

• Oxford Endovascular Raises $10.16M 

• Pheon Therapeutics Raises $120M Series B Round 

More funding rounds in the article…

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