February 27, 2024

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Funding roundup September 9 – September 16: Sonder, Kaloom and more

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Funding roundup September 9 – September 16: Sonder, Kaloom and more

Dynamic Company delivers you the crucial startup fundraising from this 7 days: 

Adobe acquires Figma for $20 billion

Software program huge Adobe will acquire startup Figma for practically $20 billion in its largest transaction to date. The arrangement will allow for Adobe to increase its goods for artistic personnel.

All through the pandemic, demand from customers for Figma, which lets clients to collaborate on software program as they crafted it, increased as much more persons worked remotely. Figma’s backers incorporate enterprise money firms Kleiner Perkins, Index Ventures and Greylock Associates.

Sonder raises AU$35m in Collection B funding

Sonder, a top wellbeing and basic safety company, has right now introduced closing an AU$35 million Sequence B funding round. Blackbird Ventures led the oversubscribed spherical, with participation from new buyers, like Seek Investments and SecondQuarter Ventures, and current investors.

Together with Blackbird’s financial commitment, Niki Scevak, Blackbird’s husband or wife and co-founder, will join Sonder’s Board.

Kaloom Secures $21 million in Funding 

Kaloom announced it secured an further USD 21 million from the Quebec governing administration and recent trader, Alternative Money Group (ACG), who matched the governing administration of Quebec’s financial investment.

This hottest investment will support Kaloom’s go-to-industry strategy and lengthen its recent heterogeneous components tactic by supporting more platforms like SmartNICs and Servers. 

Suzuki invests in Australian tech, Applied EV

Applied EV has shut the very first tranche of two-part funding round, boosting AUD $21M at a valuation of AUD $170M. World-wide automotive big, Suzuki, has taken a strategic stake in the enterprise. St Baker Vitality and Innovation Fund is also a major investor in this round. 

Utilized EV is an Australian Know-how company that has produced a car or truck manage technique centered fully on computer software regarded as the Digital Backbone for use in electrical motor vehicles focused
to autonomous driving purposes.

Agtech startup Lleaf raises $3.5 million

Lleaf, a Sydney-centered agtech small business, has secured $3.5 million in a seed spherical for its light-weight-emitting plastics for indoor agriculture.

The funding was led by Danish financial commitment corporations ALFA Ventures and 2 Degrees, with participation from The University of New South Wales and Cicada Improvements, where Lleaf is situated.

HealthMatch lands $10 million Collection C

HealthMatch, a scientific trials access startup, has lifted $10 million in Series C funding. Folklore Ventures, the company’s primary backer, led the round.

Sq. Peg Capital built an $18 million Sequence B financial commitment in December 2020 and later invested in Collection C. In late 2019, Sq. Peg also led a $6 million sequence A spherical.

OccuRx raises $16 million for kidney sickness demo

OccuRx, a biotech startup, has secured $16 million to fund clinical trials for its oral medication to treat persistent kidney illness (CKD), a main lead to of death. Brandon BioCatalyst and Uniseed led the financing, which included a $1.5 million grant from biomedical incubator CUREator.            

New funding prospects open for sustainable start-ups

By way of the start of the 2022 eco-Disruptive initiative, begin-ups in Australia, New Zealand, and Hong Kong will have the option to receive revenue from Bupa to develop pilot options that reward the surroundings and people’s overall health. 

The eco-Disruptive programme, now in its next calendar year, connects get started-ups with specialised Bupa teams even though providing picked start out-ups with around $40,000 in early funding to build radical alternatives to the most pressing troubles dealing with our earth.

Selected start-ups will also contend for additional than $300,000 in funding to further establish their solution.

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