Category: News Articles

WeWork India has raised Rs 550 crore (approximately $66.5 million) to reshape the future of workspace in the country. A part of the global co-working space firm WeWork, the India branch is operated by domestic real estate conglomerate Embassy Group. The office space startup enables workers to perform their jobs comfortably in a supportive community.…

PUMP, the operator of South Korea’s e-scooter service Xingxing Mobility, has raised 20 billion won ($15.6 million) in Series B funding to promote micro-mobility. With the Xingxing app, users can rent an e-scooter to commute around the town. CEO Sang-hun Kim said most Xingxing users are in their 20s and 30s. Xingxing is the leading…

Californian-based SaaS startup Automotus has just completed a $9 million seed funding round to automate curb space management in the United States. Many American cities have to deal with challenges in managing their curb space due to the change in the mobility landscape. In the past, curbs were only used for public parking, buses, taxis…

Dutch health technology startup Aiosyn has raised €2 million (approximately $2.1 million) in funding to improve clinical diagnostics using artificial intelligence. CEO and co-founder Patrick de Boer said the health industry was facing the challenges of higher workload and staff shortage. This issue caused slow development in finding cures for several diseases, including cancer. Another…

Israeli-based startup MyTower has raised $4 million to bring property management tech to the United States. The New Elad Residence and JTLV Capital led the funding round, with participation from Anax Ventures, Lamed Holdings, Built-up Ventures and SELA Construction & Investments. MyTower offers solutions like rent collection, on-demand concierge services, and a marketplace of Internet…

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-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…

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…

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 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…