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Entrepreneurs have to constantly improve their product and business model, impress their customers and satisfy investors in order for their business to succeed. A successful startup is achieved with a team that believes in and is excited about its product, a business model that meets the needs of customers, and proper management of its financial resources. Building a startup therefore requires a great deal of risk and dedication, but can offer significant rewards when it succeeds. Let’s see what happened in the startup ecosystem this week.
Also See: Turkish Startup Zaxe Receives Investment
Startups that received investment
Praso, which offers wholesale product purchasing services to small businesses, raised $ 9 billion in Series A investment round. Praso wholesales products such as oil, flour and milk to small businesses such as restaurants, cafes and bakeries. Click for more information.
Paptic Ltd, an innovator of sustainable packaging materials, has raised EUR 23 million in financing to accelerate the development of its packaging materials and increase its ability to serve global customers. Click for more information.
Superluminal Medicines Inc., a generative biology and chemistry company developing a differentiated production line, revolutionising the speed and accuracy of drug creation, has received investment. Click for more information.
South Korean artificial intelligence (AI) semiconductor company Sapeon made a statement. In the statement, it announced that it completed its Series A financing round, generating $ 45 million in revenue. Click for more information.
Juphy focuses on increasing the sales of e-commerce companies. It automates product sales and customer support 24/7 through e-commerce websites and social media accounts. According to the information conveyed, it received an investment of 900 thousand dollars. Click for more information.
Anchor, a Nigerian banking-as-a-service (BaaS) provider, has raised $2.4 million in seed investment. The round was led by Justin Kan’s Goat Capital. At the same time, the round also saw participation from some existing investors, including FoundersX, Rebel Fund, Y Combinator and Byld Ventures. Click for more information.
Adgager, which offers end-to-end market research solutions using technology, completed its investment round with a valuation of $ 6.6 million. Click for more information.
idenfit, which offers human resources software, received an investment from Datassist at a valuation of 6 million dollars. Click for more information.
Paribu Ventures is built on the strong foundations of its parent company Paribu, a leading global crypto asset exchange platform with over 5 million registered users and growing. Click for more information.
Imbue, a state-of-the-art artificial intelligence (AI) research lab formerly known as Generally Intelligent, has raised an impressive $200 million in Series B funding. Click for more information.
Turkish 3D printer manufacturer Zaxe has received an investment of 60 million TL. KVK, Omurga Technology Fund, Nevzat Aydın, Ali Demir Akel and Muzaffer Akpınar participated in the investment round. Click for more information.
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