Leibi-based DC Connected Car, specializing in AI-driven remote vehicle diagnostics, secured €2.1M in seed funding led by VENPACE. The fund will support international expansion and advanced tool development. Founded in 2020, the company offers AI-integrated remote diagnostics to address the industry’s labor shortage and enhance vehicle health insights.
Tampa-based OPSWAT, specializing in critical infrastructure protection (CIP) cybersecurity, has acquired InQuest, renowned for it Deep File Inspection® and RetroHunting™ technologies. InQuest CEO Michael Arcamone becomes OPSWAT’s Chief Strategy Officer and VP of Federal Sales, while former InQuest CTO Pedram Amini joins as Chief Scientist.
Blitzscale Technology, the parent company of WMall and ShopDeck, has raised Rs 65.2 crore ($7.85 million) in a new round led by Bessemer Venture, Chiratae Venture, and Elevation Capital. The fund will support ShopDeck’s growth, expansion, marketing, and general corporate purposes.
Fintech startup FINQY has raised $2 million from Angel Bay India Accelerator, Family Offices, and private investors. Founded in 2019 by Manish Aggarwal, FINQY will use the funds to enhance its technology and strategic growth initiatives, offering a wide range of financial products and services across India.
Kindlife.in, a beauty, wellness, and health platform, raised $8 million in its Series A round led by JB-Dooeun TK Fund and MIXI Global Investments, with participation from Kalaari Capital. The funds will strengthen connections between Korea, Japan, and India and support the launch of 20+ new beauty brands.
Medtech startup SigTuple raised Rs 33 crore ($4 million) in an extended Series C round led by SIDBI Venture Capital. The funds will support geographical expansion, product portfolio growth, and regulatory clearances. SigTuple, founded in 2015, develops AI-driven robotic microscopes to automate clinical lab processes and has raised over $40 million to date.
Digital healthcare startup Karma Primary Healthcare secured Rs 11 crore ($1.3 million) in Series A funding led by UBS Optimus Foundation. The funds will enhance technology and expand the team for its patient-centric rural care model. Karma Healthcare provides remote patient monitoring and consultations for rural clinics.
Munich-based NewSpace supplier Dcubed raised an undisclosed amount in Series A funding led by Expansion BayBG. The funds will quadruple actuator production, pioneer in-space manufacturing, and establish a U.S. office. Dcubed, led by CEO Thomas Sinn, leverages Shape Memory technology and Origami structures for advanced space applications.
Electric vehicle battery manufacturer Neuron Energy raised Rs 20 crore ($2.4 million) in Series A funding, co-led by Chona Family and Capri Global Family Office. The funds will enhance R&D capabilities, establish an R&D lab in Pune, and set up a manufacturing facility in Delhi.
Agritech startup Gramophone has promoted Navneet Singh Batra to co-founder. With over a decade of experience in FMCG and agri industries, Batra will oversee strategic growth initiatives. Gramophone, serving 50,000 villages and over 2 million farmers, reported a 75.6% revenue increase to Rs 316 crore in FY23.
