Parsers VC - Weekly Funding/Startup/VC news of April 16, 2024

Weekly Most Popular Venture Capital News. Funding rounds Week of Apr. 9 - Apr. 15: United States (38), United Kingdom (11), India (5), France (3)

Last week, the market valuation of top companies in India experienced a wild ride, with some soaring to new heights while others plummeted into losses. Four of the top 10 firms added a whopping Rs 1,71,309.28 crore to their market valuation, led by HDFC Bank and LIC.

2. FloQast's Financial Success Story (Cited in 6 tech media)

FloQast, a finance and accounting operations platform provider based in Los Angeles, CA, recently secured $100 million in Series E funding, achieving a remarkable $1.6 billion valuation. The funding round was led by ICONIQ Growth, with participation from BDT & MSD Partners, WiL (World Innovation Lab), Meritech Capital, and Sapphire Ventures.

Onum, a data observability platform, secures $28 million in Series A funding to empower businesses to extract more value from their data while reducing costs. Founded by Pedro Castillo, Lucas Varela, and Pedro Tortosa in 2023, Onum enables enterprises to take control of their data through real-time observation, filtering, enrichment, and orchestration.

Sprinto, a leading security compliance and risk platform, has secured a $20 million Series B funding round to enhance its automation capabilities and expand its customer base. The company aims to streamline the cumbersome compliance management process by automating tasks such as vendor risk management, vulnerability assessment, and evidence collection.

Berlin-based startup Torg secures €2.7 million in funding to enhance its AI-powered platform, connecting food service suppliers and buyers. With a database of over 100,000 verified suppliers, Torg aims to streamline the sourcing process for private label and foodservice projects.

6. ID5 Secures $20 Million in Series B Funding (Cited in 6 tech media)

ID5, a leading identity provider for digital advertising, has successfully raised $20 million in its Series B funding round. This significant investment, the largest in the identity space to date, underscores ID5's pivotal role in driving the digital advertising industry forward during a critical period.

Basemark, a provider of computer vision software and AR technology for automotive applications, has secured €22M in Series B funding. The company's Rocksolid AR software enhances in-vehicle screens with AR projections, improving navigation accuracy and safety.

Monad Labs, a rising star in the blockchain world, has secured a massive $225 million in funding to develop a groundbreaking layer-1 blockchain that aims to challenge the dominance of Ethereum and Solana. Led by Paradigm, this funding round signifies a significant milestone for Monad as it strives to create a faster, more efficient blockchain solution for decentralized applications (dapps).

105 funding rounds in United States, United Kingdom, India etc.

Funding rounds in United States

Funding rounds in United Kingdom

Funding rounds in India

Funding rounds in France

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