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Fintech startup, Balance, raises $25 mn for its B2B payment platform

Tel Aviv-based digital payments startup, Balance, raises Series A investment round worth $25 million.  “We want to make the online payments experience for businesses as seamless as it is for consumer payments, and we want to do it globally,” Co-founder at Balance, Bar Geron said, as reported by TechCrunch.  The startup was founded by Geron […]

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EV battery swapping startup, BatteryPool, raises seed investment round

Pune-based electric vehicle-focused startup, BatteryPool, raises new investment round for its battery and charging services.  The startup focuses its smart, software-based battery-changing product toward fleets of electric vehicles and the commercial automotive sector. BatteryPool was founded in 2018 by Ashwin Shankar.  “We identified that while EVs made sense commercially, challenges around battery charging can lead […]

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Australian plant-based food startup, Fable Food, raises $6.5 mn AUD

Meat alternative startup, Fable Food Co, raises a new investment round worth $6.5 million AUD for its plant-based food products.  The Sydney-based startup uses shiitake mushrooms as the plant base in its creations which are available in Australia, Singapore and the United Kingdom, so far.  “They are a slow-growing mushroom so they naturally have the […]

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Fabheads Automation raises funding from Rockstud Capital, others

Chennai-based carbon fibre focussed 3D printer startup, Fabheads Automation, has raised new funding in an extension of its most recent pre-Series A round. Investors in the current pre-series A extension round include Rockstud Capital, FirstPort Capital, and Bliss Flow Investments.  Industries that employ carbon fiber technology range from aerospace to logistics, and the automotive sector, […]

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Financial services startup, Pencilton, raises $330,000 for its banking services for teens

Hyderabad-based banking and fintech startup, Pencilton, raises new investment round worth $330,000.  The startup’s services, including a debit card and mobile app, are aimed at teenagers in order to encourage financial management and literacy. Pencilton also offers specific features aimed at parents, including controlling and adjusting spending limits and transferring money directly to their accounts.  […]

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