The week of February 10th saw significant funding activity in both the Indian and European startup ecosystems. Here's a breakdown of the top funding rounds:
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Myntra
: The fashion e-commerce giant received $81 million from its parent company, Flipkart.
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Cashfree Payments
: The digital payments startup secured $53 million in a round led by KRAFTON.
- TrueFoundry: The PaaS startup raised $19 million in Series A funding led by Intel Capital.
- Cognida.ai: This enterprise AI startup closed a $15 million Series A round led by Nexus Venture Partners.
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VilCart
: The rural commerce startup received $10 million in bridge funding led by AI-X B.V., Spark Capital, and existing investors Nabventures.
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Apex Kidney Care Pvt Ltd
: The dialysis service provider secured $9 million in Foreign Direct Investment from Blue Earth Capital AG.
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HairOriginals
: The D2C hair extensions and wig brand raised $5 million in Series A funding co-led by Anicut Growth Fund and 12 Flags Consumer Holdings.
- Nua: The women's wellness and hygiene brand raised Rs 35 crore in a pre-series C round led by Mirabilis Investment Trust.
- Presentations.AI: The AI-powered platform for business communication announced it has raised a total of $3 million in seed funding.
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Astra Security
: The SaaS-based Cybersecurity platform raised $2.7 million in a funding round led by Emergent Ventures.
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Cherry Ventures
: The Berlin-based venture capital firm launched Cherry V with $500M in new funds to support European tech.
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WEALTHON
: This FinTech company based in Warsaw raised €126.2 million, including a €116 million loan from Fortress Investment Group and €7 million in equity investment.
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Connected Kerb
: The London-based electric vehicle (EV) charging company secured ￡65M (around €78M) in funding from the National Wealth Fund (NWF) and Aviva Investors.
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SevenGen Investment Partners
: The European Investment Fund (EIF) will invest €40 million in SevenGen Investment Partners’ new Growth Fund.
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Avelios Medical
: The provider of a modern hospital information system (HIS) raised €30 million in Series A funding led by Sequoia Capital.
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Salience Labs
: A leader in photonic solutions, Salience Labs Limited, closed $30 million in Series A financing led by ICM HPQC Fund and Applied Ventures, LLC.
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Riot
: The cybersecurity software platform based in Paris, raised €28.9 million in a Series B funding round.
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Ionate, Inc.
: Deep tech innovator IONATE closed its Series A fundraising led by AlbionVC.
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ThePackengers
: The French company specializing in packaging and transporting art and collectibles, raised €14M in funding.
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Enduro
Genetics: The synthetic biology startup raised €12 million in Series A funding from Supernova Invest, NOON Ventures and Sandwater.
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Berry Street
: A nutrition therapy platform, raised $50M in Series B funding from investors including FJ Labs, Sofinnova Partners, and Northzone.
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Solstice Health
: A life sciences marketing platform, raised $3.5M in Seed funding from investors including Twelve Below and Virtue.
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AstaGuru
: Adar Poonawalla acquired a 20% stake in the auction house.
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Fitspire - Health | Wellness
: Raised $1 million in pre-series A funding.
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PlaySuper
: Raised $500k in seed funding.
- Presentations.AI: An AI-powered platform that is reinventing business communication.
- AstaGuru: AstaGuru plans to enhance the digital experience through a research-driven approach, leveraging AI to improve user engagement.
- Salience Labs Limited: A leader in photonic solutions targeting connectivity for AI datacenter infrastructure.
These funding rounds and innovations highlight the continued growth and potential of startups across various sectors and geographies.
