Real-time updates from the world of business, finance, and technology.
PlasmaGen Biosciences raised INR 150 crore in a new funding round. ViNS Bioproducts led it. HNIs, family offices, pharma entrepreneurs, and existing investors joined in.
Erebor Bank raised USD 350 million in a new round led by Lux Capital. The funding values the bank at USD 4.35 billion. It plans to expand services for tech, defense, and crypto clients.
Lovable announced a $330 million Series B round. CapitalG and Menlo Ventures led it. The startup builds tools for non-technical people to create software.
MoEngage has raised an extra $180 million in its ongoing Series F round. The funding also included a liquidity event for employees and early backers.
Quintrans closed USD 750 thousand in pre-seed funding. Capital-A led the round with several others joining. The cash will help set up manufacturing and push R&D.
Climate tech startup Aurassure raised INR 25 crore in a pre-Series A round. The funding was co-led by Rainmatter and Unicorn India Ventures. Maithan Alloys Limited also participated.
Indian space startup Digantara raised USD 50 million in a Series B round. The all-equity funding included new and existing investors. It supports expansion into missile tracking and defense capabilities.
Shapewear brand Underneat raised USD 6 million in a pre-Series A round. The funding was led by existing investor Fireside Ventures. Ghazal Alagh, co-founder of Mamaearth, also participated.
Design-led D2C brand EDT raised USD 1.4 million in a pre-seed round. The funding was led by Sauce VC. Some angel investors also joined.
Databricks has raised more than $4 billion in a Series L round at a $134 billion valuation. The company says its revenue run-rate has crossed $4.8 billion, growing over 55% from last year.
Tallinn-based MyDello raised EUR 3.1 million. Frumtak Ventures led the round. Superhero Capital and Jevgeni Kabanov joined in.
Haircare brand Moxie Beauty raised USD 15 million in a Series A round. Bessemer Venture Partners led the funding. The investment supports growth in products for textured hair in India.
