12+ hour, 33+ min ago   (289+ words) What's the deal? Ultraviolette Automotive, an Indian electric two-wheeler maker, has raised an additional INR 3,730,400,000 (roughly $39 million) as part of its ongoing Series E round. Yali Capital's Yali Deeptech Fund I and TDK Ventures supplied INR 2,492,000,000, with angel investors Adi…...

2+ day, 22+ hour ago   (192+ words) vnr group buys majority of AI app studio Tappz Dealroom vnr group buys majority of AI app studio Tappz What's the deal? Bonn-based media and software group vnr group has acquired a majority stake in app studio Tappz, the companies…...

3+ day, 1+ min ago   (295+ words) What's the deal? Defense tech startup Mach Industries has raised $600 million in a Series C extension, doubling its valuation to $3.7 billion, the company announced in September. Ribbit Capital, Infinite Capital, Bedrock Capital, and Sequoia backed the round. Why now? The…...

3+ day, 10+ hour ago   (191+ words) Why now? The Chandigarh Administration on Wednesday distributed grants worth ₹2 crore to eight startups and four incubators under the Chandigarh startup policy 2025. The ceremony, held at the new UT Chandigarh secretariat, was attended by administrator Gulab Chand Kataria as chief…...

4+ day, 37+ min ago   (214+ words) What's the deal? Luma Group, a New York-based investment firm, has closed its inaugural life sciences venture fund, LumaBio Fund I, with $410 million in committed capital. The fund drew a global investor base spanning financial institutions, sovereign wealth funds, insurance…...

4+ day, 5+ min ago   (254+ words) What's the deal? TRM Labs has raised a Series C extension that doubles its valuation to $2 billion, six months after the San Francisco startup hit a $1 billion valuation in a $70 million Series C. Chief executive officer Esteban Castano called the new…...

4+ day, 18+ hour ago   (180+ words) What's the deal? AP Systems has formed an open-innovation investment fund with venture capital firm Gravity Ventures, the South Korean equipment maker said on September 8. The vehicle, named the "Gravity-AP Systems Open Innovation Investment Fund No. 1," targets deep tech and…...

4+ day, 23+ hour ago   (299+ words) What's the deal? Rohati Capital, a global venture platform founded by former Amazon operators, has closed its inaugural fund, Rohati Fund I, at $50 million. The fund was oversubscribed against a $30 million target. How it works: Rohati Fund I is split…...

4+ day, 23+ hour ago   (231+ words) What's the deal? UK real estate credit firm Pluto Finance has surpassed £500 million of commitments for its flagship lending fund, Lending Vehicle VIII, as the strategy expands into continental Europe. The details: The evergreen development and property lending fund focuses…...

5+ day, 43+ min ago   (403+ words) What's the deal? Fusionality, a Lausanne startup founded by two former Google DeepMind researchers, has raised CHF 3 million (about $3.7 million) in pre-seed funding. Founderful and Playfair led the round. The company builds measurement, simulation, and control systems for fusion companies....