OurCrowd has launched its new $200M fund. The fund will be officially named the Global Health Equity Fund. More: - The fund will focus on startups that create solutions for healthcare and industries that are related to health, such as energy transition and food agriculture.
- OurCrowd also enables investors to use its online platform to find investment opportunities. The firm vets the companies in advance.
- This fund will partner with Access Pledge, an organization created by the WHO Foundation.
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Kate Farms has raised a $75M Series C funding round. The company is based in Santa Barbara, California. More: - This funding round was led by Novo Holdings with participation from Kaiser Permanente Ventures, Goldman Sachs Asset Management, and Main Street Advisors.
- Kate Farms produces plant-based formulas for tube and oral feeding that make eating easier for individuals with challenging health conditions.
- The company claims that its products are available in 95% of hospitals in the U.S.
- Kate Farms has raised $188M in funding since its inception.
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India-based startup Zopper has raised a $75M Series C. Creaegis led the funding. More: - Other participants in the round include ICICI Venture, Bessemer Venture Partners, and Blume Ventures.
- Zooper is an insurtech startup that provides personalized insurance packages.
- The company aims to penetrate the Indian market, which is currently ripe for disruption, with only 3-4% of the market having an insurance policy.
- Zopper operates in 1,200 cities in India and has raised $96M so far.
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Pano AI has raised a $20M Series A. The funding round was led by Initialized Capital. More: - Other participants include Congruent Ventures, Convective Capital, DCVC, January Ventures, and Quiet Capital.
- Pano AI offers both hardware and software meant to help mitigate wildfires. Its cloud platform offers real-time updates from the terrain, helping firefighters and other authorities become more efficient at putting out fires.
- The company currently operates in: California, Colorado, Oregon, Idaho, Montana, and Australia.
- Pano AI stated that it has partnered with companies and organizations such as Xcel Energy, Portland General Electric, Holy Cross Energy, the Big Sky Fire Department, Aspen Fire Protection District, Forestry Corporation of NSW, Southern Cross Forests, and Noosa Council's FireTech Connect Program.
- The startup was founded in 2020.
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Today's funding 💵 Agritech - Nutrition Technologies (Singapore), aims to turn low-grade crop & food waste into highly sought-after animal feed ingredients and biofertilizers: $20M growth led by PTT Ventures with participation from Sumitomo Corporation, ING Sustainable Investments, and Mandala Capital.
Insurtech - Bamboo Ide8 (California), an insurance company that offers digitized and transparent insurance services: $16M A led by EOS venture partners.
SaaS - Fondue (New York), an app that enables businesses to offer branded cashback instead of coupon codes: $10.5M Seed led by Quiet Capital and Hanaco Ventures with participation from Infinity Ventures, Ground Up Ventures, Sugar Capital, Starting Line, R-Squared Ventures, Gaingels, Verissimo Ventures, Samsung Next, and JAM Fund.
Health tech - Kamari Pharma (Israel), develops oral drugs using its proprietary small molecules: $8M growth led by GIBF2.
- Remedial Health (Nigeria), a startup that digitizes the supplying process for pharmacies: $4.4M Seed led by Global Ventures with participation from Tencent, Y Combinator, Cathexis Ventures, LightSpeed Venture Partners Scout Fund, Ventures Platform, Alumni Ventures, and True Capital Management.
Artificial Intelligence - TrueFoundry (San Francisco), offers AI/ML software that enables data scientists to automate their tasks: $2.3M growth led by Surge with participation from Eniac Ventures.
- Dyania Health (New York City), uses natural language processing to create new pharmaceutical products: $5.3M Seed led by Innospark Ventures with participation from Outsiders Fund, Wild Basin, Big Pi Ventures, Tau Ventures, Genesis Ventures, and TLife Investments.
Fintech - Sequence (London), provides fintech tools for businesses: $19M Seed led by A16Z with participation from Salesforce Ventures, Firstminute Capital, Crew Capital, Passion Capital, Dig Ventures, Fin Capital, and 9Yards.
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- Boundless Rider (Massachusetts), an insurance startup that focuses on drivers, raised $4.75M led by American Family Ventures, with participation from The Cross Country Group, SiriusPoint, and Belmont Capital.
- Hearing-health startup Tuned has raised a $2.5M Seed round led by Idealab NY and Elements Health Ventures.
- Shoppes on the Parkway, a 40,000-square-foot shopping center located in Raleigh, North Carolina, has been acquired by ShopOne for an undisclosed amount.
- Security company Operant Networks has raised a $3.8M funding round led by Constellation Technology Ventures.
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| | Arbër is an Inside writer who also has experience in entrepreneurship. He has experience covering Consumer Tech, Venture Capital, NFTs, Crypto, etc. Arbër holds a Bachelor's degree in Business from XAMK University in Finland. When he is not reading(and writing) business news, he chooses to watch sports or anime...and then read news about sports or anime. | | | Editor | Aaron Crutchfield is based in the high desert of California. Over the last two decades, he has spent time writing and editing at various local newspapers and defense contractors in California. When he's not working, he can often be found looking at the latest memes with his kids or working on his 1962 and 1972 Fords. | |
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