Startups funded this week (19 Dec)

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Team S

Posted on 21 Dec 2022.

Europe, UK and Israel

Icelanding startup Drfitline raised $800k from Icelanding investors and public research funds. The app empowers sports people to access heart rate analytics. #healthtech

arcticstartup.com/driftline-raises-800k-seed

Netherlands based payment infrastructure startup raises €2m in a round led by PortfoLion Capital Partners

tech.eu/2022/12/20/payment-infrastructure-startup-norbr-raises-eur2-million

Swedish legal tech startup raises €3.2m seed to democratise IP services  #seed #legaltech

arcticstartup.com/digip-raises-e3-2m-seed

Finland's market intelligence startup raises €400k from investors including Gorilla Capital, Sofokus Ventures #seed #marketingtech

arcticstartup.com/statzon-raises-e400k

Frecnch startup Sonio raises €10m through EIC Accelerator funding to improve the health of women and children through AI #healthtech

businesswire.com/news/home/20221220005108/en/French-Startup-Sonio-raises-€10M-through-the-European-Innovation-Council-Accelerator-to-improve-the-health-of-women-and-children-through-AI

Finnish fintech startup Membrance finance raises €2m seed round for a regulated EUR-based stablecooin #fintech #crypto

arcticstartup.com/membrane-raises-e2m-seed

USA

US based Reach Power operting in wireless charging space raises $30m from a host of investors including DCVC, Y Combinator, Transform VC, Collaborative Fund.

theregister.com/2022/12/05/reach_power_wireless_charging_funds

US based blockchain startup Aztec Network raises $100m in a SeriesB round led by Andreessen Horowitz. Aztec Network is developing an encrypted version of Ethereum blockchain.

siliconangle.com/2022/12/15/blockchain-startup-aztec-network-raises-100m-round-led-andreessen-horowitz

Colorado based regenerative farming startup Mad Capital raises $4m with an aim to finance 10 million acres of farmland by 2032. #agtech

bizjournals.com/denver/inno/stories/news/2022/12/20/boulder-mad-capital-raise-regenerative-farming.html

India

Indian human resource startup BetterPlace raises $40m extended Series-C from investors including Jungle ventures and British International Investment

asia.nikkei.com/Spotlight/DealStreetAsia/Indian-human-resources-tech-startup-BetterPlace-raises-40m

India based D2C startup Beco raised $3m funding round led by Rukam Capital, Climate Angels and actress Dia Mirza

yourstory.com/2022/12/dia-mirza-and-climate-angels-join-beco-series-a-funding

Mumbai based battery technology e-TRNL Energy raises $850k in a round led by Speciale Invest with participation from Micelio Mobility and CIIE (IIM-Ahemedabad)

vccircle.com/earlystage-startups-e-trnl-energy-pheal-raise-funding

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