Cerve Secures £3.5 Million to Revolutionize Food Supply Chain
Cerve, a London-based start-up, has raised £3.5 million in seed funding to revolutionize the food supply chain. Founded by Dan Mazig, Cerve aims to tackle inefficiencies through innovative technology solutions, addressing global food waste and enhancing operational efficiency. With support from investors like SuperSeed, Cerve is poised to reshape the industry, promoting sustainability and improving visibility within the supply chain.
Group One Holdings Secures Over $50 Million Funding, Valuation Hits $1.35 Billion
Group One Holdings, parent company of One Championship, has secured over $50 million in funding led by Qatar Investment Authority, boosting its valuation to $1.35 billion. This investment highlights the growing interest in MMA and positions Group One for global expansion and enhanced operations in the competitive sports entertainment sector.
New Frontier Aerospace Secures Seed Funding from Pacific Bays Capital for Innovative Projects
New Frontier Aerospace (NFA) has secured seed funding from Pacific Bays Capital to advance its innovative aerospace technologies, including hypersonic aircraft that are net carbon negative. This partnership aims to enhance NFA’s capabilities in developing sustainable solutions for the aerospace industry, addressing rising operational costs and environmental concerns.
Cambridge Startup Neutreeno Secures $5 Million in Seed Funding for Sustainable Solutions
Neutreeno, a deep tech startup from the University of Cambridge, has secured $5 million in seed funding to enhance its innovative solutions for supply chain management and environmental sustainability. Backed by investors like Regeneration.VC and Remarkable Ventures Climate Fund, Neutreeno’s technology helps businesses reduce emissions and costs, positioning the company as a key player in the climate tech space.
AmpUp Secures $15 Million in Series A Funding to Expand EV Charging Solutions
AmpUp secures $15 million in Series A funding to enhance its EV charging solutions and expand its market presence in the U.S. Led by Touchdown Ventures, this funding will support innovative energy management strategies and strategic partnerships, including a collaboration with WEX for fleet payment solutions. With a 7x growth in subscription revenue and a 4% market share in commercial Level 2 charging stations, AmpUp is positioned for continued success in the electric vehicle infrastructure sector.
Pennsylvania Boosts 911 Funding to Enhance Emergency Services
The Shapiro Administration in Pennsylvania is set to increase funding for 911 services, addressing critical challenges faced by emergency response systems. With the implementation of Act 34, the funding is projected to reach $370 million by March 2025, allowing 911 centers to enhance staffing, technology, and training. This initiative highlights the importance of public safety and aims to improve emergency response capabilities across the state.
Nigerian fintech startup, Zone, secures $8.5 million seed funding for blockchain-powered payment infrastructure expansion
Nigerian fintech startup, Zone, secures $8.5 million seed funding to expand its blockchain-powered payment infrastructure. With backing from leading investors, including TLcom Capital and Flourish Ventures, Zone aims to revolutionize payment transactions in Africa and beyond, leveraging its position as the continent’s first regulated blockchain network for payments.
FCC Seeks Input on Amnesty Period for Internet Service Providers
The Federal Communications Commission’s Wireline Competition Bureau is seeking input on a proposed ‘amnesty period’ for internet service providers who may default on their deployment commitments under funding awards received through the FCC’s Rural Digital Opportunity Fund or Connect America Fund Auctions. This proposal could potentially allow ISPs to relinquish funded areas without facing full default penalties and make those areas eligible for funding under states’ Broadband Equity, Access, and Deployment Programs.
Colombian Fintech Startup Bold Secures $50M in Series C Funding
Colombian fintech startup, Bold, secures $50M Series C funding round led by General Atlantic and other investors. The funding will be used for product development and expansion within Colombia. Bold specializes in low-cost payment terminals and recently obtained a financial institution license to offer businesses a bank account. Managing Director at General Atlantic, Luiz Ribeiro, expresses confidence in Bold’s potential. Established in 2019, Bold serves over 150,000 merchants monthly.
Indian Startup Investors Of 2023
Despite a decline in funding for Indian startups in 2023, investors continue to show faith in the ecosystem. The article explores the challenges faced by startups, the optimism for the future, and highlights the top startup investors of 2023.