Unibio has raised a $70M funding round to improve food security by producing sustainable food. The round was led by Saudi Industrial Investment Group. More: - Unibio develops proprietary fermentation technology that aims to improve food security by growing food in a sustainable way.
- Its solution enables methane to be turned into protein by bacterial fermentation.
- The investment is structured in two separate installments.
- The first installment ($25M) will be paid now.
- The second installment is subjected to Foreign Direct Investment approvals.
- The company aims to use the funding to boost its global production capacity, grow operating capabilities, and accelerate product development.
- Since its inception in 2001, the company has raised around $110M.
- Unibio is based in London, United Kingdom.
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India-based delivery platform Dunzo is set to raise a $50M funding round led by Google. Since its inception in 2014, the company has raised $380M. More: - Dunzo is a startup that delivers groceries and essentials, fruits and vegetables, meat, pet supplies, food, and medicines in major cities.
- The app connects users to the nearest local delivery partner.
- In addition to Google, Reliance Retail is believed to be one of the two main investors in the imminent funding round.
- Dunzo has been actively looking to raise capital for several months and has been reportedly looking to raise up to $150M.
- The company is based in Bengaluru, India.
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Parloa has raised a $21M Series A funding round to automate customer service. The company is based in Germany. More: - Parloa offers a low-code drag-and-drop platform that enables companies to automate their customer service process.
- By using the platform, companies can generate AI-powered text and voice calls.
- EQT Ventures led the funding round, with participation from Newion and Senovo.
- Some of the company's clients are:
- Swisslife,
- Ergo,
- Decathlon,
- HSE, etc.
- This funding round will be used to boost customer acquisition efforts, open a U.S. office, and boost R&D.
- Since its inception in 2017, the company has raised $25M.
- The company is based in Berlin, Germany.
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Goodwill Investments and Oxam Novib have raised a $21M fund to invest in East African startups. Its initial checks will range between $100,000 and $500,000, and follow-on investments of up to $1M. More: - The fund, officially named Pepea, will target early-stage businesses that have been operating for less than six years, are generating revenue, and have not raised capital.
- Pepea will mainly invest in startups that operate in verticals such as:
- finance,
- agriculture,
- and mobility.
- Goodwell currently has $337M worth of assets under management.
- The firm aims to invest in tech scenes in Kenya, Uganda, and Ethiopia.
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💵 Today's funding: Healthcare tech - Florence (New York), aims to increase patient care capacity for hospitals through its software platform: $20M Seed led by Thrive Capital, GV, and Salesforce Ventures with participation from Vast Ventures, BoxGroup, and Atento Capital.
- deepc (Germany), enables healthcare organizations to adopt third-party Artificial Intelligences software: $12M A led by Sofinnova Partners, with participation from Bertelsmann Investments and Winning Mindset Ventures.
- Zorro (New York), provides health benefits for employees, employers, and brokers: $11.5M Seed led by Pitango and 10D.
Cryptocurrency/Web3 - LI.FI (Germany), provides a multi-chain liquidity platform: $17.5M A led by CoinFund and Superscrypt with participation from Bloccelerate, L1 Digital, Circle, Factor, Perridon, Theta Capital, Three Point Capital, and Abra.
Artificial Intelligence - Fixie (Washington), an automation platform for Large Language Models used by enterprises: $17M Seed led by Redpoint Ventures, with participation from Madrona Venture Group, Zetta Venture Partners, SignalFire, and Bloomberg Beta.
- Ludex (Illinois), uses AI to price trading cards: $8M Seed led by undisclosed investors.
Cybersecurity - Votiro (Texas), a zero-trust content security company: $11M A led by Harvest Lane Asset Management.
SaaS - Troop (Spain), develops corporate meeting technology and services: $11M B led by Durable Capital Partners and Madrona Venture Group, with participation from All Iron Ventures and Conexo Ventures.
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- Dashbot, a Florida-based company data intelligence company, has raised $6M. The Series A round was led by the Florida Funders’ Fund 2 and Bessemer Venture Partners.
- Syndicate Capital led a $6M funding round for Muverse, a California-based music NFT exchange.
- Anvil, a California-based platform that offers no-code tools to collect data, generate PDFs, and gather signatures, raised a $5M Series A extension led by Craft Ventures and Gradient Ventures.
- Polytrade, a Web3 protocol focused on global trade, has raised $3.8M in a seed round led by Alpha Wave, Matrix Partners, Polygon Ventures, and CoinSwitch 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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