Category: News Articles

  • Override raises $3.5m to launch chronic pain treatment platform

    Override raises $3.5m to launch chronic pain treatment platform

    Override, a U.S.-based emerging health-tech startup, has raised $3.5 million in seed funding to launch its virtual chronic pain treatment platform. This funding round was led by 7wireVentures and Martin Ventures, with participation from SignalFire and Confluent Health. The startup was founded by former U.S. Secretary of Veterans Affairs David Shulkin and his daughter, Jennie…

  • Bangladeshi startup Shuttle raises $1.5m to expand ride-sharing services

    Bangladeshi startup Shuttle raises $1.5m to expand ride-sharing services

    Bangladeshi-based transport-tech startup Shuttle has raised $1.5 million in funding to expand its ride-sharing services and develop its mobile app. In 2018, Shuttle started as a women-only ride-sharing service with less than one-third of the regular fare. The company manages to do this thanks to its concept of four-to-ten people sharing one car. Eventually, Shuttle…

  • Kenyan startup raises $1m to improve patient access in Africa and beyond

    Kenyan startup raises $1m to improve patient access in Africa and beyond

    MyHealth Africa has raised $1 million in seed funding to expand its services in Africa and beyond. The Kenyan-based health tech startup aims to improve patient access by connecting them with local and international hospitals and other healthcare providers. Founded in 2017, MyHealth Africa is a full-service, integrated healthcare platform aiming to solve inefficiencies, improve…

  • Barnstorm Agtech raises $217K to develop driverless farm vehicles

    Barnstorm Agtech raises $217K to develop driverless farm vehicles

    Agricultural startup Barnstorm Agtech Inc. has raised $217,500 in equity capital through Harvest Returns’ investment platform to revolutionize farming with autonomous field systems. With the funds, Barnstorm hopes to bring tech-centered farming processes to the U.S. Midwest and Canadian Prairies using swarms of driverless robotic tractors. CEO and co-founder Parker Wells explained that chronic labor…

  • Quantum Space raises $15m to help NASA build human settlement on moon

    Quantum Space raises $15m to help NASA build human settlement on moon

    Quantum Space has closed a $15 million Series A funding round to pave the way for NASA to build a permanent human settlement on the moon. The Maryland-based aviation and aerospace component manufacturing startup will use the fund to launch platforms that offer various services in cislunar space. With the capital, the company will launch…

  • Welcome Pickups raises €5.3m to offer personalized travel experiences in Americas

    Welcome Pickups raises €5.3m to offer personalized travel experiences in Americas

    Welcome Pickups, a travel tech startup based in Greece, has secured €5.3 million in funding from existing investors — Market One Capital, Flashpoint and Venture Friends. The company will use the fund to expand to North and South America. Founded in 2015, Welcome Pickups aims to provide travelers with a customized travel experience. Using technology…

  • Indian healthTech startup In-Med Prognostics raises $2m to expand to Africa

    Indian healthTech startup In-Med Prognostics raises $2m to expand to Africa

    In-Med Prognostics, an Indian-based healthtech startup, has raised $2.13 million in a funding round led by Exxora. The company plans to use the fund to develop new products and expand to Africa. The startup uses machine learning to provide early assessment and identification of neurological disorders such as dementia, Parkinson’s and Alzheimer’s at a low…

  • Uolo raises $22.5m to provide affordable online education in India

    Uolo raises $22.5m to provide affordable online education in India

    Indian-based EdTech startup Uolo has raised $22.5 million in Series A funding. Uolo will use the fund to expand its reach to 50,000 Indian schools within four years. Founded in September 2020, Uolo has reached 3.7 million students through its collaboration with over 8,500 schools. The startup offers affordable customized courses in coding and English…

  • Chicago-based startup raises $40m to help companies recruit top talent

    Chicago-based startup raises $40m to help companies recruit top talent

    Chicago-based recruiting startup Hunt Club has raised $40 million in Series B funding. The company plans to use the fund to expand its businesses nationwide and upgrade its technology to continue helping companies find the right talent. The startup’s primary goal is to connect innovative companies with great candidates. The Hunt Club community comprises over…

  • Oda — Norwegian online grocery delivery startup raises $151 million

    Oda — Norwegian online grocery delivery startup raises $151 million

    Oda, a Norwegian-based grocery delivery startup, has raised $151 million (NOK1.5 billion) in funding despite the tough market condition. During the peak of the COVID-19 pandemic, people needed a service to deliver groceries right to their doors due to limited mobility. As one of the earliest players in the niche, Oda’s services soared in popularity…