Category: Startups

WorkClout shifts focus to manufacturing performance support and raises $2.3M seed

WorkClout, a graduate of the Y Combinator Winter 2019 cohort, announced today that it has shifted its focus from manufacturing automation to manufacturing performance support and has raised a $2.3 million seed round. The funding was led by Spider Capital with participation from Y Combinator, Liquid 2, Soma Capital, Pioneer…

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Bringg nabs $30M to expand its delivery logistics platform used by Walmart and others

Over the last several years, delivery services have become a key component of how retailers, or anyone selling or distributing products and services, do business. Now, with a global health pandemic in full swing keeping people indoors (and away from physical storefronts), delivery has become an essential must-have if you…

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Blossom Capital’s ‘Cultivate’ is an angel program seeking to back European unicorn alumnus

Just a few months after closing a new $185 million fund to continue backing early-stage European startups, Blossom Capital, the VC firm founded by Ophelia Brown, is announcing a new angel investment program seeking to back European unicorn alumnus. Dubbed “Cultivate,” the new program looks to create a 30-strong angel…

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Agritech startup DeHaat raises $12M to reach more farmers in India

DeHaat, an online platform that offers full-stack agricultural services to farmers, has raised $12 million as it looks to scale its network across India. The Series A financial round for the eight-year-old Patna and Gurgaon-based startup was led by Sequoia Capital India. Dutch entrepreneurial development bank FMO, and existing investors…

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Bidet startup Tushy scales up to meet demand amid toilet paper shortage

Business at Tushy is booming. While the circumstances that led to the boom are sobering, the bidet company needed to adapt its strategy after seeing an uptick in business amid the COVID-19 pandemic. Other companies in this cohort include video conferencing service Zoom, meal kit service Blue Apron and Facebook,…

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Airbnb turns to private equity to raise $1 billion

Airbnb said Monday that it has raised $1 billion in debt and equity from private equity firms Silver Lake and Sixth Street Partners, even as the online rental marketplace has seen its business plummet due to the COVID-19 pandemic. Terms of the deal were not disclosed. It’s unclear how this…

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