Everything you need to need to know about the largest global startup funding rounds of Q1 2021; broken down by industry, stage, investors, and more…
$235M+ invested in NYC startups in the past week. NYC Tech News for the week ending 4/10 featuring news for Ramp, Walnut, and much, much more.
Freight forwarding and logistics have long been an industry that relies on disparate workflows, heavily reliant on a pen and paper model despite trillions of dollars of annual trade. The pandemic has led to an increase in digital adoption as the need to continue commerce superseded the industry’s traditional unwillingness towards anything digital. Nuvocargo is an all-in-one digital platform that’s focused on cross-border trade between the US and Mexico, a $600B+/yr market. The company offers freight forwarding, customs brokerage, insurance, and is also looking to make a mark in trade financing. Supporting businesses with unprecedented transparency and efficiency, the company grew revenue 25X during the pandemic with plans to expand its geographic footprint and headcount. AlleyWatch caught up with Cofounder and CEO Deepak Chhugani to learn more about how his own personal paint point with his family’s business led to the need for this business now, the company’s future plans, and latest funding round from investors that include QED Investors, FJ Labs, Clocktower, NFX, ALLVP, MAYA Capital, Magma Partners, One Way Ventures, and Ride Ventures.
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 4/7/2021 featuring funding details for Grata, Real, and much more.
Everything you need to need to know about the largest global startup funding rounds of March 2021; broken down by industry, stage, investors, and more…
$8.8B raised by NYC startups in Q1 in the single-best quarter in NYC history. Here are some of the leading startups that are scaling fast and attracting new capital.
The pandemic and the massive transition to video-conferencing solutions have made the world flat but what happens when there are language barriers? KUDO is a video-conferencing platform that provides real-time language interpretation for live meetings and conferences. Attendees can listen and speak in their native languages, while expert interpreters translate so that everyone else in the audience is able to participate and understand. The platform currently supports 100+ languages and experiences a 3500% increase in demand since the lockdown began. The company has recently launched an on-demand marketplace for conference interpreters as the world opens up and enters a new era of hybrid meetings. AlleyWatch caught up with Cofounder and CEO Fardad Zabetian to learn more about the company’s impressive progress since we spoke after the company’s seed round last June, future strategic plans, latest round of funding from investors that include Felicis Ventures, Maverick Ventures, Elephant VC, FJ Labs, Global Founders Capital, and Bill Ackman.
$20.2B raised by US startups in March. Here’s a roundup of the largest funding rounds.
March 2021 was the single best month for NYC startup funding in history. These companies led the funding charge with 16 mega ($100M) rounds between them, raising $3.5B in aggregate during the month.
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 3/30/2021 featuring funding details for Bunch, KUDO, and much more.
Everything you need to need to know about the largest global startup funding rounds of January 2021; broken down by industry, stage, investors, and more…