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#FundingAlert: Edtech firm camp K12 raised $12 million, Khatabook raised $100 million, and more
Here's a round-up of the latest funding news.
Factors.AI raised $2 million
B2B SaaS startup Factors.AI’s seed funding was co-led by Elevation Partners and Emergent Ventures.
Founded in March 2020 by Aravind Murthy, Praveen Das, and Srikrishna Swaminathan, the US and Bengaluru-based startup mines customer data for insights through its proprietary AI engine, resulting in better campaign decisions and amplified ROI for marketing teams.
The funds will be used for hiring additional talent.
Khatabook raised $100 million
The Kirana-tech startup’s Series C was led by US-based venture capital firms Tribe Capital and Moore Strategic Ventures. The latest round also saw participation from Alkeon Capital and existing investors B Capital Group, Sequoia Capital, Tencent, RTP Global, Unilever Ventures, and Better Capital.
The company also plans to buy back $10 million worth of employee stock ownership plan (ESOP) shares.
Edtech firm camp K12 raised $12 million
The Series A funding round of the edtech startup was co-led by Matrix Partners India and Elevation Capital.
The company is focused on building a global online school for 21st-century skills, and will use the capital to hire leaders across functions, hyperscale operations and marketing, and to build a world-class engineering and product team.
TartanSense raised $5 million
The agritech startup’s Series A round was led by FMC Ventures and Omnivore and saw participation from Blume Ventures. The company has raised a total of $7 million to date.
Founded in 2015 by Jaisimha Rao, the startup builds small agricultural robots, equipped with artificial intelligence-assisted computer vision, to help small farms reduce their expenditures and improve their incomes.
Curefoods raised $13 million
The Series A round of EatFit parent was led by Iron Pillar along with participation from Nordstar and Binny Bansal.
SuperGaming raised $5.5 million
The game development company’s Series A round was led by Skycatcher, and included AET Fund (the venture arm of Akatsuki), BAce Capital, Dream Incubator, 1Up Ventures, and Monish Darda.
Amanat Khullar oversees content and editorial at ADIF.
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