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coindesk.com January 31, 2023

Nic Carter's Castle Island Ventures Backs New Crypto Vc Firm

Breed VC closed its first fund with nearly $20 million in capital. : Breed VC, a new crypto-focused firm, has closed fundraising for its first fund and brought in a “considerable portion” of its $20 million target, founder and general partner Jed Breed told CoinDesk during an interview. The fund was backed by Nic Carter and Matt Walsh's Castle Island Ventures, Tribe Capital and Shima Capital, among others. The venture capital firm closed the fund at the beginning of the year, meaning the fundraise happened during the severe turbulence following the implosion of crypto exchange giant FTX.
Read by 40% of LPs

siliconrepublic.com January 25, 2023

Irish-founded Firm Inscribe Raises $25M To Grow Fraud Detection Service

The US-headquartered company has raised $38m in total to grow its Dublin and US offices and expand in the financial services sector. Fraud detection company Inscribe has raised $25m in Series B funding to fuel its growth and hiring plans. The funding round was led by Threshold Ventures and joined by existing investors Crosslink Capital, Foundry, and Uncork Capital. The round also included angel investors including Box co-founder Dillon Smith and Intercom co-founder Des Traynor. The San Francisco-headquartered company reports a four-times increase in its monthly usage year-over-year, along with three-times growth in annual recurring revenue.
Read by 74% of LPs

businesstoday.in January 25, 2023

Studio Sirah Raises $2.6 Mn In Pre-series A Funding Round Led By Kalaari Capital, Lumikai

Studio Sirah had raised $830,000 in September, 2021 in its seed round led by Lumikai and a pool of angel investors including Akshat Rathee (founder, Nodwin Games), Alexis Bonte (chief operating officer, Stillfront Games), Piyush Shah (cofounder, Inmobi), Roshni Rathi (partner, BCG), and Sameer Pitalwalla (Head Of Gaming, Google Cloud)
Read by 43% of LPs

business-standard.com January 19, 2023

Saving, Investment App Gullak Raises $3 Mn In Seed Funding Round | Business Standard News

Company will use the money to increase revenue, product development, get users. : Gullak, a savings and investment app backed by American start-up accelerator Y Combinator, has raised $3 million from new investors YC and Rebel partners and existing investor Better capital. The seed-funding round also saw participation from Goodwater Capital, GMO Fintech Fund, TRTL Ventures and angel investors that included Kunal Shah of Cred, Akshay Mehrotra and Ashish Goyal of Early Salary, and Kevin Moore. The company will use the funds to increase average revenue per unit (ARPU), product development and expand its user base.
Read by 51% of LPs

inc42.com January 19, 2023

Savings & Investment Startup Gullak Raises Seed Funding To Offer New Financial Products

Bengaluru-based savings and investment startup Gullak has raised a funding of $3 Mn in its seed round from new investors…
Read by 30% of LPs

businessinsider.com January 09, 2023

See The Pitch Deck Startup Blume Used To Raise $1.8M In 5 Weeks

Karen Danudjaja said she was nervous to fundraise at first, but by not overselling her business, she doubled her initial goal and raised $1.8 million.
Read by 53% of LPs

business-standard.com January 09, 2023

Food Brand Whole Truth Raises $15mn In Series B Led By Sequoia Capital | Business Standard News

Company will use money for expanding manufacturing, hiring and retail distribution. : The Whole Truth (TWT), a health food brand, has raised $15 million in a funding round led by Sequoia Capital India. The series B round saw participation from existing investors Matrix Partners India and Sauce.Vc. The company will use the fresh capital for expanding manufacturing, retail distribution, and hiring. The company’s angel investors include Nithin Kamath (Zerodha), Sriharsha Majety (Swiggy) and Jaydeep Burman (Rebel Foods). “We’ll continue to innovate and enter more categories.
Read by 68% of LPs

business-standard.com December 16, 2022

Binny Bansal-backed Fashion Startup Virgio Raises $37M From Prosus, Others | Business Standard News

Set up in 2022 by former Myntra CEO Amar Nagaram, Virgio's model uses technology across processes to streamline the entire fashion lifecycle and enable a real-time fashion offering.
Read by 64% of LPs

inc42.com December 16, 2022

Startup Shut Down: 8 Indian Startups That Shut Shop In 202

Undoubtedly, the Indian startup ecosystem has witnessed phenomenal growth in the last five years, thereby becoming the third-largest startup ecosystem…
Read by 35% of LPs

prnewswire.com December 09, 2022

Nf3 Raises Us$1.65m Seed Funding For Nft Swaps And Financing Marketplace

SINGAPORE, Dec. 9, 2022 /PRNewswire/ -- NF3, a community-first NFT swaps and financing marketplace, announced today that it closed a US$1.65 Million seed funding round. The round is led by Infinity Ventures Crypto and Spartan Group and supported by DWF Labs, and Saison Capital. Angel...
Read by 77% of LPs