b capital

PharmEasy, once valued at over $5 billion, seeks new funding at a 90% valuation cut

Indian online pharmacy startup PharmEasy is planning to raise about $300 million in a new round of funding at a 90% markdown from the previous valuation, two people familiar with the matter said, effe

Investors say they have uncovered financial irregularities at Mojocare

Mojocare investors have found “financial irregularities” at the Indian health and wellness startup and are moving to scale down its operations, they said in a statement Sunday. The move fo

B Capital leads Odeko’s $53M Series D to help small coffee shops scale

Odeko has operations software for coffee shops to manage inventory, get data insights and order equipment and supplies from over 400 vendors.

Accacia tackles the real estate industry’s massive carbon emissions problem

The real estate and infrastructure sectors contribute about 40% of global carbon emissions, and part of solving the climate crisis is fixing how those industries work. Accacia gives large property own

Analytics operating system Redbird makes data more accessible to non-technical users

Data engineers have a big problem. Almost every team in their business needs access to analytics and other information that can be gleaned from their data warehouses, but only a few have technical bac

Zesty lands $75M for tech that adjusts cloud usage to save money

Spending on the cloud shows no signs of slowing down. In the first quarter of 2021, corporate cloud services infrastructure investment increased to $41.8 billion, representing 35% year-on-year growth,

EeroQ bets on helium for its quantum chip design

It’s still early days for quantum computing, but we’re currently seeing rapid improvements in the underlying hardware and software foundations for this new computing paradigm. Just like du

Formerly rich NFT buyers party through the pain

Welcome back to Chain Reaction. Last week, we talked about infinite pessimism in the crypto markets. This week, we’re talking about parties and tattoos and booze and fun. If you want to get this

Hong Kong’s AI drug discovery firm Insilico closes $60M Series D

Insilico Medicine, a Hong Kong-based company that has been using artificial intelligence to discover new drugs since 2014, has completed a fresh round of funding. It’s a sign that certain invest

Indian crypto exchange CoinDCX tops $2 billion valuation in new $135 million funding

CoinDCX has doubled its valuation to $2.15 billion (post-money) in eight months following a fresh $135 million funding, it said today, as the Indian cryptocurrency exchange looks to aggressively expan

TruEra raises $25M for its AI analytics and monitoring platform

TruEra, a startup that offers an AI quality management solution to optimize, explain and monitor machine learning models, today announced that it has raised a $25 million Series B round led by Menlo V

Ex-Better.com CFO raises $10.8M to build Glean AI, or ‘accounts payable with a brain’

Having held the positions of CFO at digital lenders OnDeck and Better.com, Howard Katzenberg experienced firsthand just what a lack of visibility into company spend could cost an organization. After s

Indian fintech CredAvenue turns unicorn with fresh $137 million funding

Debt marketplace CredAvenue, which helps businesses and enterprises secure debt from lenders, has become the fastest Indian fintech startup to join the unicorn club, it said on Sunday. The two-year-ol

Innovaccer valued at $3.2 billion in $150 million funding

Innovaccer has raised a new financing round and more than doubled its valuation to $3.2 billion from $1.3 billion in February this year as a growing number of healthcare organizations move to use the

Indian social commerce Meesho raises $570 million at $4.9 billion valuation

Meesho has more than doubled its valuation in less than six months, to $4.9 billion, as a growing number of high-profile investors back the Indian social commerce startup that is reporting strong grow

Newly christened Percent wants to make it easier to securitize corporate debt

Debt is the new equity. As founders run around trying to fend off prying VCs from their cap tables, they are increasingly turning to debt products like revenue-based securities in order to get the cap

Turing nabs $32M more for an AI-based platform to source and manage engineers remotely

As remote work continues to solidify its place as a critical aspect of how businesses exist these days, a startup that has built a platform to help companies source and bring on one specific category

Armory nabs $40M Series C as commercial biz on top of open-source Spinnaker project takes off

As companies continue to shift more quickly to the cloud, pushed by the pandemic, startups like Armory that work in the cloud-native space are seeing an uptick in interest. Armory is a company built t

This new Southeast Asian fund has its eye on Chinese cross-border firms

As U.S.-China relations remain tense, Southeast Asia becomes the darling for investors and tech companies from both sides as they seek overseas expansion. Behemoths like Google, Facebook, Alibaba, Ten

Austin-based EmPath’s employee training and re-skilling service snags seed funding from B Capital

By the time Felix Ortiz III left the Army in 2006, the Brooklyn, New York native had spent time taking classes at the City University of New York and St. John’s. Those experiences led him to fou
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