Funding Warrior: The Latest Startup And Venture Capital Stories

The Funding Warrior provides the latest stories about the startup and venture capital world. Here's a list of the top startup funding and venture capital stories:

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Avrios, a Swiss-based cloud computing company that develops fleet management software solutions, has quietly raised $14 million for an AI-powered fleet management platform. The Swiss startup has already received $14 million in total funding. The company's investors include Siraj Khaliq (Atomico), Andrew Flett (Fleetmatics), Lakestar,  and Notion. The fresh capital will be used to fuel its product development.

Vroom, a New York-based n on-demand car buying and selling startup, is attempting to raise $70 million in new equity funding, according to TechCrunch. The company has already secured $30 million towards its financing goal. The company's investors include the Israel-based venture fund PICO Venture Partners, asset management group T. Rowe Price Group, and venture capital firm General Catalyst.

Udaan, an India-based B2B e-commerce startup, has raised $225 million in its Series C funding round. DST Global and Lightspeed Venture Partners led this latest funding round. This latest cash infusion, according to TechCrunch, makes Udaan the fastest-ever Indian startup to be valued at over $1 billion. The fresh capital will likely be used to fuel its expansion. The company plans to build its own supply chain, which will involve setting up large warehouses.

Countingup, a London-based provider of a mobile bookkeeping and banking app for small businesses and freelancers,  has raised £2.3 million in seed funding. Forward Partners led this funding round, with some participation from Frontline Ventures and JamJar Investments. The company plans to use the fresh funds to accelerate app development.

Dogu, a Norway-based provider of data visualization solutions, has received $2.4 million in latest funding round. Spring Capital Polaris led this latest funding round. The company plans to use the fresh capital to expand its operations and market reach.

Evox Therapeutics Ltd, an Oxford, UK-based exosome therapeutics company, raised £35.5m ($45.4 million) in Series B financing. Redmile Group led this latest funding round, with some participation from  Panacea Healthcare Venture, Oxford University, Cowen Healthcare Investments, Oxford Sciences Innovation (OSI), GV (formerly Google Ventures), Borealis Ventures, and a small number of private investors. The company intends to use the fresh funds to continue the development of its exosome drug platform.

Mercell, a Norway-based e-tendering platform provider, has received an undisclosed amount of investment from Viking Venture. The company will use the new capital to consolidate its leading position in the Norwegian market while expanding to other parts of Europe.

Flowplus, a Finnish flow mechanics maintenance service company, received an investment from Juuri Partners. Financial terms of the deal were not disclosed to the public. The company will use the new capital to beef up its depot network.

Silvernest, a Denver-based online roommate-matching platform, has raised $3 million in its Series A funding round. Incenter, a Blackstone Group portfolio company, led this latest funding round. The newly raised funds will be used to build out its digital platform with new features and functionality. The fresh capital will also be used to expand its market reach as well as acquire new talents.

Zzish, a London-based edtech startup, has raised £544,000 in crowdfunding round. The British startup, which has raised £3.5 million in total funding to date, plans to use the fresh capital to accelerate global expansion plans.

Bear Flag Robotics, a Sunnyvale- based agtech company, has raised $3.5 million in seed funding. True Ventures led this latest funding event. The startup has already raised $4.5 million in total funding. The fresh capital will be used to fuel its expansion.

Arcade, a Dallas-based workforce productivity software company, has received $1.5 million in seed funding. ATX Seed Ventures led this latest funding event, with some participation from RevTech Ventures. The newly raised capital will be used to fund its marketing efforts.

PayBreak, a UK based fintech company that specializes in innovative digital point of sales finance through online retailers, has received an additional £15 million in fresh funding. The fresh capital was provided by specialist banking group Paragon. The new capital will be used to expand its lending capacity.

Yopa, a London-based company that provides real estate agency services that assist clients in selling their properties, has received a £20 million in latest funding round. DMG Ventures led this latest funding round, with some participation from Grosvenor Hill Ventures, the investment arm of Savills. The company intends to use the funds to further enhance its proprietary technology and expand its product offerings. Additionally, the new funds will also be used to support the development of its customer service center in Watford.

ChromoCare, an Ohio-based genetics-testing company, has received an investment from Bryan Lindsey. However, the financial terms of the deal were not disclosed to the media.




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