You are currently viewing Startup news and updates: daily roundup (Aug 25, 2021)

Startup news and updates: daily roundup (Aug 25, 2021)

Curefoods raises $13M from Iron Pillar, Nordstar, and Binny Bansal (Funding)

Curefoods, the spin off foodtech brand founded by Ankit Nagori in 2020, which operates brands like Eatfit, Yumlane, Aligarh House Biryani, and Masalabox, has raised $13 million funding led by Iron Pillar, Nordstar, and Binny Bansal. Leading angels Adil Allana, Rashmi Kwatra, Lydia Jett, and Kunal Shah also participated in the round, according to a statement.

Prime Venture Partners announces Fund IV of $100M, with a first close of $75M

Investment firm Prime Venture Partnershas announced the close of its Fund IV of $100 million, with a first close of $75 million (Rs 556 crore). Prime Venture Partners had raised $72 million in 2018, a second fund of $46 million in 2015, and a $8 million first fund in 2012. Shripati Acharya, Managing Partner, Prime Venture Partners, said in a conversation with YS that the team would continue focusing on being the first institutional investor.

Agritech robotics startup TartanSense raises $5M in Series A from FMC, Omnivore, Blume Ventures (Funding)

Agritech robotics startup TartanSense has announced it has raised $5 million in Series A funding. The round was led by FMC Ventures and Omnivore, with participation from existing investor Blume VenturesWith this round, the total funds raised by TartanSense adds to $ 7million. TartanSense builds small agricultural robots, equipped with AI-assisted computer vision, to help small farms reduce their expenditures and improve their incomes.

YS’s flagship startup-tech and leadership conference will return virtually for its 13th edition on October 25-30, 2021. Sign up for updates on TechSparks or to express your interest in partnerships and speaker opportunities here.

For more on TechSparks 2021, click here.

Applications are now open for Tech30 2021, a list of 30 most promising tech startups from India. Apply or nominate an early-stage startup to become a Tech30 2021 startup here.

Edited by Anju Narayanan

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