Parsers VC - Weekly Funding / Startup / VC news of December 10, 2024

In partnership with

Solving a Silent Threat to Your Health

Chemical pesticides are being used in our food, homes, and offices. But Med-X has developed a 100% chemical-free pesticide that outperforms traditional solutions. It’s one of the fastest-growing products in professional pest control, with operators using it coast to coast across the USA. E-commerce partnerships with brands like Amazon, Walmart, and Kroger are now helping Med-X reach 41 new global markets in the next five years. For a limited time, you can become a shareholder as they make these moves.

Invest in Med-X Now

Most Popular Venture Capital News

1. The E-Commerce and Tech Investment Landscape: A New Era of Growth (Cited in 21 tech media)

The world of e-commerce and technology investment is evolving rapidly. Companies are racing to secure funding, expand their operations, and innovate. The recent moves by Alibaba’s Trendyol and Japan’s MUFG highlight this dynamic landscape.
Trendyol, Turkey’s largest e-commerce platform, is on the hunt for a whopping USD 1 billion in funding. This isn’t just a casual stroll; it’s a strategic leap into the future. Founded in 2010, Trendyol has become a linchpin in Alibaba’s international e-commerce strategy. The company previously raised USD 1.5 billion in 2021, securing a valuation of USD 16.5 billion. Now, with a new leadership shift at Alibaba, the stakes are higher. Jiang Fan, the new head of Alibaba’s international commerce unit, is steering the ship through turbulent global waters.

2. The Electric Dilemma: GM's Rocky Road Ahead (Cited in 17 tech media)

General Motors (GM) stands at a crossroads, caught between a rapidly changing automotive landscape and the looming specter of political upheaval. The company, a titan of the American auto industry, is grappling with the implications of incoming policies from President-elect Donald Trump. While some may see potential benefits in relaxed emissions standards, the immediate threats could overshadow any long-term gains.
GM has made significant strides in electric vehicle (EV) development, investing billions to transition its fleet to cleaner alternatives. However, the potential elimination of the $7,500 EV tax credit poses a significant risk. This subsidy has been a lifeline for consumers, making electric cars more accessible. Without it, GM's ambitious plans to expand its electric lineup could stall, just as the company is finally rolling out a diverse range of EVs, from the luxurious Cadillac Lyriq to the more affordable Chevrolet Equinox.

3. The New Era of Startup Funding: Less is More (Cited in 17 tech media)

In the world of startups, funding has always been king. The more money you raise, the more successful you are perceived to be. But a seismic shift is underway. Venture capitalists are tightening their purse strings, and this change is reshaping the startup landscape. It’s a paradox: less funding can lead to more sustainable growth.
Historically, startups chased large funding rounds like moths to a flame. The allure of hefty checks often clouded judgment. Founders believed that big money equated to big success. But the reality is more nuanced. When startups receive large sums too early, they face immense pressure. Expectations skyrocket. The race to scale becomes frantic.

4. The State of Telco Security: A Crisis in Communication (Cited in 13 tech media)

Telecommunications security is in dire straits. Picture a house on fire, with flames licking at the walls. That’s the state of telco security today. Chinese state hackers have infiltrated U.S. infrastructure, leaving a trail of vulnerabilities in their wake. The situation is not just alarming; it’s a full-blown crisis.
Telecom operators are sitting ducks. They face a barrage of threats, from cyberattacks to outdated regulations. The lack of encryption is like leaving the front door wide open. Anyone can walk in. The political landscape complicates matters further. Geopolitical tensions cloud judgment, making it hard to implement necessary reforms.
The call for action is urgent. Operators need a security overhaul. The current state of affairs is untenable. It’s time to wake up and smell the smoke.

5. Orange Health Labs: A New Dawn in Diagnostics with $12 Million Boost (Cited in 11 tech media)

In the bustling tech landscape of India, healthcare innovation is gaining momentum. Orange Health Labs, a Bengaluru-based diagnostics platform, has recently secured $12 million in funding, led by the Amazon Smbhav Venture Fund. This infusion is not just a financial boost; it’s a catalyst for change in the healthcare sector.
Founded in December 2020 by Dhruv Gupta and Tarun Bhambra, Orange Health Labs has quickly carved a niche in the diagnostics market. The company offers on-demand services, including at-home sample collection within 60 minutes and rapid report delivery within six hours. This model is akin to a fast-food restaurant, but for health—quick, efficient, and customer-centric.

6. Intel's Leadership Shake-Up: A New Era or More Turmoil? (Cited in 11 tech media)

Intel has hit a crossroads. The sudden retirement of CEO Pat Gelsinger has sent shockwaves through the tech world. This decision, announced on December 1, 2024, comes at a time when the company is grappling with significant financial challenges. Gelsinger's departure raises questions about the future of Intel and its ability to regain its footing in a fiercely competitive market.
Gelsinger's journey with Intel began in 1979. He joined the company as an 18-year-old and spent decades climbing the ranks. His return as CEO in early 2021 was met with optimism. At that time, Intel was struggling to reclaim its dominance against rivals like AMD and TSMC. Gelsinger aimed to revitalize the company, pushing for ambitious manufacturing timelines and a renewed focus on innovation.

7. Ethereum's Struggle: A Blockchain in Transition (Cited in 11 tech media)

Ethereum, once the darling of the crypto world, now finds itself in a precarious position. As Bitcoin surges, Ethereum’s growth has stagnated. The blockchain that promised to be a “world computer” is grappling with its identity. Layer-2 solutions, designed to enhance its capabilities, have instead cast a shadow over its performance.
In the past year, Ethereum's ether token has risen by about 75%. Impressive, but Bitcoin has more than doubled in value. This disparity raises eyebrows. Ethereum's glory days seem distant. The blockchain's future is uncertain, and the questions are mounting.

8. Lucra's $10 Million Boost: Gamifying Brand Loyalty in Sports (Cited in 10 tech media)

In the bustling streets of New York City, a revolution is brewing. Lucra, a company specializing in social gamification technology, has secured $10 million in funding. This financial windfall is not just a number; it’s a ticket to the future of fan engagement and brand loyalty.
Led by 7GC and SeventySix Capital, this funding round attracted a star-studded lineup of investors. NBA MVP Giannis Antetokounmpo, NFL players Zach Ertz and Emmanuel Sanders, and tennis champions John Isner and James Blake are among the notable names backing Lucra. Their involvement signals a powerful endorsement of Lucra’s vision.

Last week's funding rounds

137 funding rounds, +39% from last week.

Total raised $6.31 billion, -31% since last week

Funding rounds in United States

• Aerospike, Inc. Raises $30M 

• Axiado Raises $60M Series C Round 

• Axtra3D, Inc. Raises $9.75M Series A Round 

• Boston Landmarks Commission Raises $9.8M 

• Central States Water Resources Raises $325M from Brookfield 

• Cleerly Raises $106M 

• ConnectDER Raises $35M Series D Round 

• Culina Health Raises $7.9M Series A Round 

• DataPad Raises $500K 

• Element451 Raises $175M from PSG 

• Enterpret Raises $20.8M Series A Round from Canaan Partners 

• Ethyca Raises $10M 

• Frontieras North America Raises $150M from Global Emerging Markets 

• Heirloom Raises $150M Series B Round 

• InBios International, Inc. Raises $16M 

• Lucra Sports Raises $10M 

• Lumin Digital Raises $160M 

• MakersHub Inc. Raises $7M Seed Round 

• ModifyHealth Raises $13.5M Series C Round 

• Nature's Toolbox (NTx) Raises $15M from J.P. Morgan 

• Nurture Boss Raises $4.03M Series A Round 

• Nuvig Therapeutics Raises $161M from B Capital Group 

• OSSIO Raises $27.6M 

• PhotoniCare Raises $4.6M 

• Public.com Raises $135M Series D Round 

• Rubi Laboratories Raises $1M Grant Round 

• Sage Raises $35M Series B Round 

• SERHANT. Raises $45M 

• Serina Therapeutics Raises $10M 

• ServiceTitan Raises $502M IPO Round 

• Soda Health Raises $50M 

• Sollis Health Raises $33M Series B Round 

• Splitero Raises $350M 

• StretchDollar – Health Benefits for SMBs Raises $6M 

• TRIO Pharmaceuticals Raises $3.1M 

• WeatherFlow-Tempest Raises $3M 

• Yurts Technologies Inc. Raises $40M Series B Round 

Funding rounds in United Kingdom

• 52 North Health Raises $5.99M 

• 9fin Raises $50M Series B Round 

• Ably Realtime Raises $71M 

• Abselion Raises $8.41M Series A Round 

• Jove Insurance Raises $4.59M Seed Round 

• Lawhive Raises $40M Series A Round 

• Netacea Raises $5.1M 

• Newcells Biotech Ltd Raises $1.53M 

• Oxford Flow Raises $25M Series C Round 

• Zopa Raises $84.63M 

Funding rounds in India

• FlexiLoans Raises $20M from IFC Venture Capital Group 

• NODWIN Gaming Raises $7.55M 

• Orange Health Raises $12M 

• Ultraviolette Automotive Raises $15.35M 

• Vastu Housing Finance Raises $100M from Prosus 

• WoodenStreet Raises $41.73M Series C Round 

Funding rounds in Germany

• carbmee Raises $21.01M Series A Round 

• CoachHub Raises $42.03M 

• FibreCoat GmbH Raises $21.13M Series B Round from NewSpace Capital 

• Planet A Foods Raises $30M Series B Round 

Funding rounds in Spain

• JOTELULU Raises $7.13M from Kibo Ventures Partners 

• Matrixrenewables Raises $376M 

• Ziknes Technology Raises $1.05M from Demium Startups 

More funding rounds in the article…

This Smart Home Company Has Already Hit $10 Million in Revenue—and It’s Just Getting Started

What if your window shades could do more than just block sunlight?

Meet RYSE, the company transforming everyday window shades into smart, automated devices. With over $10 million in total revenue, 10 granted patents, and products already available in 127 Best Buy locations, RYSE is growing at an incredible pace—200% over the last month, to be exact.

And they’re only getting started. With plans to expand internationally and partnerships with major retailers like Home Depot and Lowe’s, RYSE is set to become a household name in the rapidly growing smart home market.

Now, you have the chance to invest for just $1.75 per share and join a company poised for explosive growth.

Invest now before the round closes—opportunities like this don’t wait!

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.