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.
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.
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)
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.
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…
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.
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.
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.
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…
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...