22 fundings with $640M+ in new funding for NYC companies last week. NYC Tech News for the week ending 11/20 featuring news for Alaffia Health, Kafene, Yieldstreet, and much, much more.
TEN new rounds in the busiest day of the quarter thus far; ~$350M in new funding.
The Weekly Notable Startup Funding Report takes us on a trip across various ecosystems in the US, highlighting some of the notable funding activity in the various markets that we track. The notable startup funding rounds for the week ending 11/6/21 featuring funding details for Hone, Lever, Papa, Reltio, and twenty-four other rounds that you need to know about.
$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 The pandemic has led to an increase in digital adoption as the need to continue commerce superseded the industry’s traditional unwillingness towards anything digital.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.