Investments Highlights: Smartworks secures USD 12 million, CP Group backs GoPizza in Thailand, Ola Electric raises debt funding prior to IPO, and more similar developments
Headline: Multiple Startups Secure Funding for Expansion and Innovation
In a series of recent funding rounds, several tech-focused companies in various industries have secured significant investments to fuel their growth and innovation.
Pukang Biotechnology Raises Hundreds of Millions for Series B
Pukang Biotechnology, a Chengdu-based company, has announced the completion of its Series B+ round of financing, raising hundreds of millions of RMB. The funds will be used to accelerate the company's research and development efforts.
GoPizza Aims for Global Expansion
GoPizza, a tech-enabled pizza chain, has received a USD 10 million investment from the Charoen Pokphand Group (CP Group). With this investment, GoPizza aims to launch over 1,000 outlets in South Korea and expand globally to operate 1,200 outlets by the end of 2024.
Smartworks Raises USD 12 Million for Coworking Space Expansion
Smartworks, a Gurugram-based office space provider, has raised USD 12 million in a funding round. The company, which provides flexible workspace solutions and operates over 8 million square feet of office space across more than 40 locations, will use the funds to expand its presence in the coworking space market.
Clapingo Secures Funding for English Tutoring Platform
Clapingo, an on-demand English tutoring platform, has raised an undisclosed amount in a pre-Series A funding round. The funds will be used to enhance the company's product offerings and strengthen marketing efforts to expand its user base.
Ingeek Raises Series C Funding for Automotive Technology
Ingeek, an automotive technology company, has raised close to RMB 300 million in a Series C funding round. The company plans to use the funds to accelerate its product development and expand its market presence.
YesWeHack Secures Series C Funding for Bug Bounty Platform
YesWeHack, a bug bounty and vulnerability management platform, has raised USD 28 million in a Series C funding round. The funds will be used to expand the company's offerings and enhance its global presence.
Ola Electric Valued at USD 660 Million after IPO Approval
Ola Electric, a Bengaluru-based electric vehicle maker, has become India's first electric vehicle maker to receive approval for an IPO, which it has valued at USD 660 million.
Da Instruments Secures Angel Funding for Test and Measurement Company
Da Instruments, a Shenzhen-registered test and measurement company, has secured tens of millions of RMB in an angel round of financing.
Leidong Secures Series A Funding for Clean Tech Enterprise
Leidong, a national clean tech enterprise, has secured an undisclosed amount in a Series A financing round.
Deemples Raises USD 2 Million for Golfers' App-Based Platform
Deemples, a Malaysia-based app-based platform for golfers, has raised USD 2 million from Singapore-based venture capital firm V Ventures.
Tsinergy Gasification Technology Raises RMB 158 Million for Hydrogen Liquifiers
Tsinergy Gasification Technology, a Henan-registered producer of hydrogen liquifiers, has completed a pre-Series A+ round of financing, raising a total of RMB 158 million.
Eli Receives Strategic Funding for Air Suspension Solenoid Valves
Eli, a manufacturer of air suspension solenoid valves, has received an undisclosed amount of strategic funding from Fresh Capital.
Innoviti Initiates Series E Funding Round for Integrated Payment Solutions
Innoviti, a Bengaluru-based provider of integrated payment solutions, has initiated the second close of its Series E funding round with an investment from US-based Alumni Ventures.
These funding rounds represent a significant investment in the tech sector and demonstrate the continued growth and innovation in various industries. As these companies continue to develop and expand, they are poised to make a significant impact in their respective markets.
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