Grit Daily startups
Frequency Therapy Leader Somavedic Launches Certification for Businesses
As the status quo of the workforce shifts from an office-dominated society to a potentially hybrid model — it’s more important now than ever to understand what impacts our productivity in the home and in the workplace. You may have never considered there might be a correlation between your mood or energy level and the […]
News Link Recommendation Company Outbrain Raises $160 mln in NASDAQ IPO
Outbrain, headquartered in New York and focused on providing weblink recommendations on news websites, has raised $160 million at a $1.25 billion valuation in its IPO. It sold 8 million shares on the NASDAQ with an IPO price of $20 a share. Outbrain is a widget at the bottom of news stories that recommend other […]
India Thriving With 16 Unicorns and $11 billion in Funding in 2021
In 2021 Indian startups have proven that they have the capacity to produce a vibrant startup culture. With 16 unicorns, startups in India have received over $11 billion in investments mainly from US-based investors. In the first six months of 2021, Indian technology startups with 600 deals are growing at an advanced rate and attracting […]
Qualtrics Acquires Marketing Startup Usermind
American experience management company Qualtrics recently announced it had acquired Usermind, a Seattle-based marketing startup offering customer experience solutions. Named one of the industry leaders in The Forrester Wave: Journey Orchestration Platforms Q2 2020 report, Usermind is expected to strengthen Qualtric’s XM Directory. With over 4 billion customer and employee profiles, Qualtric’s platform is used […]
IT Startup Visionary Machines Raises $7.5 mln In Seed Funding
Visionary Machines, an Australian IT startup backed by the Central Intelligence Agency (CIA), has closed a $7.5 million seed funding round led by local venture capital fund Folklore Ventures. The round counted the participation from existing investors Significant Capital Ventures, Thorney Investment Group, and IQT International Australia which is the Sidney-based division of In-Q-Tel, a […]
Mexican Startup Valoreo Raises $30 mln in Series A Round
Recently, Mexican startup Valoreo received around $30 million in a series A funding round. Valoreo plans to expand its e-commerce brands in Latin America and scale up its partnerships in Mexico, Colombia and Brazil. This investment round involved some investors who already contributed capital to the startup such as Kaszek, FJ Labs and Upper90. Presight […]
Electric Vehicle Startup Rivian Raises $2.5 bln to Expand Manufacturing
According to an announcement on Friday, Rivian, an American company focused on electric cars, has raised $2.5 billion in new capital. The funds were invested by Amazon.com Inc, Ford Motor Co, and T. Rowe Price, among others. The startup also announced its plan to build a new assembly plant in the US, which will be […]
Home-buying Startup Tiko Raises $65 mln in Series A
Tiko, a Turkish home-buying startup, has announced a successful $65 million Series A funding round, breaking the existing record in the country. The funding round was led by BTOV and Rocket Internet, counting with the participation of Class 5 Ventures, Noah Khamallah, and Joel Ayala. The money raised by the startup will be used to […]
How Startups Can Save Money in the Phone Repair Economy
The phone repair revolution is happening now. In 2021 alone, Americans are expected to spend $4 billion on phone repairs and $59 billion on new phones. Although consumers spend a lot more on new devices rather than repairs, phone repairs are on the rise. The lifecycle of our phones is steadily increasing. From 2016 to […]
HR Startup Hyreo Raises Funding From Major Investors In Pre-Series A
Hyreo, a Kerala-based HR tech and AI startup, announced on Thursday the completion of a pre-Series A funding round which will boost its international expansion. The round was led by Callapina Capital and counted with the participation of other investors like Anas Rahman Junaid, Konglo Ventures, Raveendranath Kamath, and Nat Natraj. The proceeds will be […]
Antler Southeast Asia Demo Day Counts 14 Startups as Participants in Singapore
As Southeast Asia’s tech industry grows with the birth of multiple unicorns and SPAC mergers, Venture Capitalist Antler looks to the future with investments in 14 new startups in Singapore. These new companies operate in a variety of fields from SaaS to edtech and even cybersecurity. They expressed their ideas to the investors and all […]
Chinese Ordering Platform Meicai Considers Going to the Public in Hong Kong
Meicai, a startup that provides a bridge between vegetable suppliers and restaurants, is considering an initial public offering in Hong Kong and not the US after the Chinese government crackdown on overseas listings. According to the people who asked not to be identified, the preparation for a Hong Kong listing of the startup is underway. […]