Parsers VC - Weekly Funding/Startup/VC news of March 26, 2024

Most Popular Venture Capital News

1. Reddit's IPO Journey: From Planning to Execution (Cited in 9 tech media)

Reddit, the social media platform, has been making headlines with its IPO journey. From planning to execution, the company has been on a rollercoaster ride. Bloomberg News reported that Reddit and its investors are aiming to raise a whopping $748 million in its planned IPO. The company plans to sell 22 million shares at a price range of $31 to $34 per share.

2. B Capital's Latest Fund Closes at $750 Million (Cited in 9 tech media)

B Capital, the brainchild of Facebook co-founder Eduardo Saverin, has sealed the deal on its second Opportunities fund, raking in a hefty $750 million. This fund, a double-up from the previous one, has attracted a diverse mix of investors, from private and public pensions to high-net-worth individuals and sovereign wealth funds. The focus? Late-stage companies in tech, healthcare, and climate tech, spanning across North America and Asia.

3. Ultrahuman Revolutionizes Health Tech with $35M Funding Boost (Cited in 8 tech media)

Ultrahuman, a trailblazer in wearable health tech, secures $35M in Series B funding to fuel growth and innovation. Led by top investors like Blume Ventures and Steadview Capital, this funding marks a significant milestone for Ultrahuman, propelling them towards surpassing $100M in annual revenue by 2024.

4. Engrail Therapeutics Secures $157M in Series B Funding (Cited in 8 tech media)

Engrail Therapeutics, a precision neuroscience company based in San Diego, CA, has closed a $157M Series B financing round. The funding, led by F-Prime Capital, Forbion, and Norwest Venture Partners, will fuel the advancement of Engrail's pipeline in clinical development stages.

5. China's Economic Transformation: A Resilient Journey (Cited in 7 tech media)

China's economy is on a fast track towards high-quality development, showcasing a remarkable capacity for regeneration. From weathering the storm of the COVID-19 pandemic to embracing new growth drivers, China's economic landscape is evolving at a rapid pace.

6. Eskom's Load Shedding Woes Continue (Cited in 6 tech media)

Eskom's ongoing battle with load shedding continues to plague South Africa, with updated schedules causing chaos for citizens.
Eskom, the troubled power utility, announced yet another round of load shedding, sending shockwaves through the country.
The experts' warnings of a deteriorating power plant situation and potential generation capacity losses are becoming a harsh reality for South Africans.

7. DoorDash Takes Flight with Drone Delivery in the USA (Cited in 6 tech media)

DoorDash and Wing are teaming up to bring drone delivery to the US, starting with Wendy's orders in Christiansburg, Virginia. This partnership marks a new era in fast and efficient food delivery, revolutionizing the way Americans receive their meals.

8. Euno Revolutionizes Data Governance with $6.25M Seed Funding (Cited in 6 tech media)

Euno, a data governance platform provider based in Sunnyvale, CA, has secured $6.25M in Seed funding to shake up the industry. Led by 10D and INT3, with support from angel investors like Barr Moses, Lior Gavish, and Yoni Broyde, Euno is on a mission to transform how data teams operate.

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

Funding rounds in United States

• AirMyne Raises $6.9M Seed Round 

• Arc from The Browser Company Raises $50M 

• Buzz Solutions Raises $5M 

• Capstan Therapeutics Raises $175M Series B Round from Forbion 

• Coast Raises $92M 

• Copilot Raises $6M Series A Round 

• Coterie Insurance Raises $27M 

• CountertopSmart Raises $1.75M Seed Round 

• CyberSaint Raises $21M Series A Round 

• Ediphi Raises $12M Series A Round 

• Engrail Therapeutics Raises $157M Series B Round 

• Fetch Raises $50M 

• Fetch Rewards Raises $50M from Morgan Stanley 

• Finite State Raises $20M 

• Firestorm Labs Raises $12.5M Seed Round 

• GOVX Raises $18K 

• Gridwealth Raises $10M 

• Indiana University Health Raises $20M 

• Loyal Raises $45M Series B Round 

• Mallard Bay Outdoors Raises $4.6M Series A Round 

• marco Raises $12M Series A Round 

• Mermaid Chart Raises $7.5M Seed Round 

• RapidSOS Raises $75M 

• Reddit Raises $748M IPO Round at $6.5B Valuation 

• Sevco Security Raises $17M 

• Tarsal Raises $6M Seed Round 

• Tempo Therapeutics Raises $12M Series A Round 

Funding rounds in India

• Atlan Raises $6.5M 

• HDFC Bank Raises $351.1K 

• Hinduja Tech Limited Raises $50M from Creador 

• EaseMyTrip.com Raises $10M 

• Pocket FM Raises $103M Series D Round from Lightspeed Venture Partners 

• Punjab National Bank Raises $223.7K 

• Ultrahuman Raises $35M 

Funding rounds in United Kingdom

• AccessPay Raises $24M Series C Round 

• Anima Raises $12M Series A Round 

• Cathedral Studios Raises $6.66M Seed Round 

• Keyring Network Raises $6M 

• Melon Raises $1.5M 

Funding rounds in Canada

• CybinInc Raises $150M 

• Flosonics Medical Raises $20M Series C Round 

• PocketHealth Raises $33M Series B Round 

• Poseidon Ocean Systems Raises $20.75M Series B Round 

• Rithmik Solutions Raises $2M 

Funding rounds in Netherlands

• Altura Platform Raises $3.27M 

• Moove Raises $100M Series B Round from Uber 

• ONWARD Raises $21.83M 

Funding rounds in Germany

• Enpal Raises $1.091B 

• ROCK YOUR LIFE! gGmbH Raises $2.1B 

• Solaris SE Raises $104.78M 

Funding rounds in Switzerland

• rrreefs Raises $474.8K 

• SPINEART Raises $22.61M 

• TissueLabs Raises $800K 

Funding rounds in Sweden

• Candela Raises $27.25M 

• Ingrid Raises $22.92M 

• Ocean Harvesting Raises $544.9K 

More funding rounds in the article…

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