Funding Roundup: Skycell, Blubirch, Connectly and Others Blaze Forward with Funding Victories
It has been a great couple of weeks for startups in the e-commerce, logistics and supply chain space. In this week’s Ecosystem Funding Roundup, we are thrilled to feature 6 of their notable achievements:
Connectly Series A Funding
San-Francisco based Connectly, recently raised $7.85M in a Series A funding round led by Volpe Capital. The startup offers a platform for businesses to create messaging campaigns and automate conversations with customers. With this automation, brands can tailor suggestions to ensure customers discover products they’ll love and help companies gain a deeper understanding of their customers. The funds raised will aid in team and service development for growth.
Year Founded: 2020
Founder(s): Stefanos Loukakos and Yandong Liu
Location: San Francisco, California, United States
Latest Funding: $7.85M
Lead Investor(s): Volpe Capital
Bull Agritech Pre-Seed Funding
Bull Agritech, an agritech supply chain startup in India, connects farmers directly to agri-commodity processors, streamlining the non-perishable agri-supply chain. It aims to address issues such as payment insecurity, logistical challenges, and limited market access for farmers, offering an integrated platform that manages technology, logistics, quality assessment, and payment security. The startup recently raised $100K in a pre-seed funding round led by Pedalstart to fuel its growth and expand its team.
Year Founded: 2021
Founder(s): Hit Desai and Divyajeet Chauhan
Location: Gujarat, India
Latest Funding: $100K
Lead Investor(s): Pedalstart
SkyCell Funding
Based in Switzerland, Skycell specializes in pharmaceutical supply chain solutions by offering innovative hybrid containers that enable pharma companies to transition to a carbon-neutral supply chain. SkyCell's technology combines software, hardware, and big data to optimize the transportation of sensitive pharmaceuticals, reducing risks associated with air travel. With recent funding of $57M from M&G Investments’ Catalyst, this will support its global presence and service center network to provide rapid support to its customers worldwide.
Year Founded: 2013
Founder(s): Richard Ettl and Nico Ros
Location: Zurich, Switzerland
Latest Funding: $57M
Lead Investor(s): M&G Investments’ Catalyst
Almouneer Seed Funding
Almouneer, an Egyptian healthtech startup, operates a patient-centric, digitally-enabled lifestyle and diabetes management platform. It enables patients to upload their medical records, access their latest medical data, connect with doctors, and subscribe to personalized treatment and nutrition plans. After raising $3.6M in seed funding led by Global Ventures, the funding will be used to expand product offerings, enhance app functionality and market expansion.
Year Founded: 2017
Founder(s): Noha Khater and Rania Kadry
Location: Dokki, Giza, Egypt
Latest Funding: $3.6M
Lead Investor(s): Global Ventures
Blubirch Series A Funding
Blubirch, an Indian reverse supply chain management startup, provides a SaaS and AI-based platform to help retailers and OEMs manage their product returns. Its platform helps companies automate the returns process, improve transparency and compliance, reducing costs in the process. The startup recently secured $6.4M in a Series A funding round led by multiple investors. The company plans to use the funds to expand its product development, sales, and marketing efforts.
Year Founded: 2015
Founder(s): Sapan Kamar Jain, Amit Goel, Jeby Cherian and Jayathirtha P. Katti
Location: Bengaluru, India
Latest Funding: $6.4M
Lead Investor(s): Cornerstone Ventures and Capital2B
Ora Technologies Pre-Seed Funding
Moroccan-based startup ORA Technologies aims to provide easy access to e-commerce and digital payments by offering multiple functions in one app, including chat, online shopping, payments, and more. Their super app has features like P2P transactions, e-commerce, on-demand services, and social networking. Recently, it raised $1M in pre-seed funding, highlighting its potential to bring financial inclusion and digital solutions to Morocco.
Year Founded: 2023
Founder(s): Omar Alami
Location: Morocco
Latest Funding: $1M
Lead Investor(s): Undisclosed
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