Weekly Funding Wrap-up Oct 6-11

Top five investment rounds saw an investment of USD 83 million collectively

This week’s startup funding scene was less noisy though several companies secured important investments to help bring their innovative ideas to life. The investment capital reflects a growing enthusiasm from investors eager to support a diverse range of sectors, giving these startups the boost they need to expand and refine their offerings.

This week from last Friday to Thursday, the top five investment rounds saw an investment of USD 83 million collectively.  Business-to-business (B2B) robotics startup Haber raises the highest amount of USD 38 million in series c.

Here are companys’ data:

B2B Robotics Startup Haber Raises USD 38 Mn In Series C
Industrial robotics maker Haber has raised Rs 317.2 crore (approximately USD 38 million) in its Series C round, led by Creaegis with participation from Accel India and BeenextT Capital. This new round materialized for the Pune-based company after a three-year gap.

Spry Therapeutics Secures USD 15 Mn From Flourish Ventures, Others
SPRY Therapeutics, a SaaS platform for physical therapy professionals, has secured USD15 million in funding spearheaded by Flourish Ventures, Together Fund, and Fidelity’s Eight Roads and F-prime Capital. This brings SPRY’s total funding to USD 25 million since its start in 2021.

Economy Process Solutions Raises USD 12 Mn In Series A
Rs 100 crore (USD12 million), Series A funding round was led by Stakeboat Capital Fund II.  With manufacturing facilities located in Chakan, Pune, Economy aims to enhance its domestic and export business over the next 4-5 years, driven by growth in sectors like waste management, pharmaceuticals, and chemicals.

Urjamobility Secures USD 12 Mn In Pre-Series A Funding
The new funds will be used to expand UrjaMobility’s solutions in energy consumption and supply chain management, focus on the e-mobility sector, scale operations, and enhance its unique pay-per-use leasing model.

Bioprime Raises USD 6 Mn In Series A Round Led By Edaphon
Its Series A round was led by Edaphon, with equal participation from existing investors Omnivore and Inflexor. This investment marks Belgium-based Edaphon’s first investment in Asia. Earlier in October 2022, the Pune-based startup had raised Rs 9 crore in its pre-Series A round led by Inflexor Ventures and Omnivore.

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