Funding Achievement: Perfect Vision secured $20 million in a Convertible Note funding round on October 17, 2024, aimed at enhancing growth in IoT, AI, and 4IR technologies. Industry Focus: The company specializes in safety and logistics solutions for sectors such as construction, oil and gas, and electronics. Regional Expansion: Plans to increase operations in the […]
Category: News
Full-stack gut wellness brand Lifechart raises $500,000 in funding led by Prajay Advisors LLP
Lifechart, a full-stack gut wellness brand, raised $500,000 in a funding round led by Prajay Advisors LLP and other investors, including contributions from notable angel investors and venture capital firms. The startup plans to enhance its AI-driven diagnostic capabilities and launch proprietary solutions tailored to address gut health issues prevalent in India, targeting tier-1 cities […]
India’s only vertically integrated GaN semiconductor startup AGNIT Semiconductors raises $3.5 million
AGNIT Semiconductors, India’s only vertically integrated Gallium Nitride (GaN) semiconductor startup, has raised $3.5 million in a seed funding round led by 3one4 Capital and Zephyr Peacock, marking their first investment in the semiconductor space in India. The Bengaluru-based startup, which has now raised a total of $4.87 million, will use the new funds to […]
UMX Studio Secures $4.5 Million Investment from Jetapult
UMX, a Saudi mobile game studio, has raised $4.5 million from Jetapult, an India-based investment firm backed by Accel Partners, marking Jetapult’s first investment in the MENA region. Jetapult will acquire a significant equity stake in UMX, aiming to expand the studio’s portfolio, global audience reach, and entry into new game genres. The investment aims […]
Neuron7.ai raises $44 million in a Series B funding round
Neuron7.ai, a Service Resolution Intelligence startup, raised $44 million in a Series B funding round led by Smith Point Capital, contributing to a total funding of over $63 million. The company specializes in resolving issues within complex service environments, recently reporting a 300% increase in annual recurring revenue (ARR) and attracting enterprise clients in sectors […]
AI-powered no-code app development platform Tablesprint raises $1 million in a seed round
Funding and Investors: Tablesprint, a Bengaluru-based AI no-code app development platform, raised approximately $1 million in seed funding from several notable angel investors and firms, including Ankit Bhati (Co-Founder of Ola) and BlueLotus Ventures. Use of Funds: The startup intends to use the funds to enhance product development, expand its team, and improve its offerings, […]
JARAS Hospitality secures $666,000 pre-Seed
JARAS Hospitality, based in Saudi Arabia, has secured $666,000 in a pre-Seed funding round led by undisclosed angel investors. Founded in 2023 by Ahmed Al Zubaidi, the company specializes in integrated hospitality management solutions to enhance bookings and guest experiences. The funds will be used to further develop their product offerings and expand their customer […]
Gen-AI SaaS startup Alchemyst AI raises $300,000 in a pre-Seed funding round
Funding Achievement: Alchemyst AI successfully raised $300,000 in a pre-Seed funding round, positioning itself for growth in the competitive Gen-AI SaaS market. Focus on Innovation: The startup is dedicated to leveraging generative AI technologies to deliver innovative software solutions aimed at enhancing productivity and creativity for businesses. Market Potential: Alchemyst AI aims to tap into […]
SVC pledges $15 million to Vision Ventures’ Saqr Fund II
Investment Announcement: Saudi Venture Capital (SVC) has committed $15 million to Vision Ventures’ Saqr Fund II, which targets early-stage firms in Saudi Arabia and the MENA region. Fund Specifications: Saqr Fund II aims to raise a total of $90 million, focusing on investments from pre-seed to pre-Series B stages without a specific sector focus. Vision […]
D2C footwear brand Yoho raises Rs 27 crore in funding led by GII, angel investors
Funding and Investors: Yoho, a D2C footwear brand, secured ₹27 crore in a pre-Series B funding round led by Gulf Islamic Investments (GII), with participation from notable figures like Rajeev Misra and Vijay Shekhar Sharma. Expansion Plans: The company intends to use the funds for both domestic and international expansion, product development, and enhancing its […]