What happened in the startup ecosystem this week? 31

Startups, unlike traditional businesses, are established with the goal of rapid growth and often take risks and receive a large amount of investment. These investments are used to accelerate the growth of the business and they often develop projects that focus on technological innovation. However, the survival and growth of startups is often a challenging process.

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: Opal Security Receives $22 Million Investment

Startups that received investment

212, which has been pioneering the startup ecosystem for 12 years, has invested 350 thousand dollars in Agrotics (Agrotelligence INC), which develops agricultural technology, with Neo Portföy and Alchemist Accelerator, one of the best acceleration programmes in the world, in line with its goal of investing in early stage startups.  Click for more information.

CoolREG, a Turkish startup focusing on Turkish and air conditioning technologies, has received an investment of TRY 7.2 million. Click for more information.

Crait, which creates artificial intelligence-supported visuals for e-commerce sites, completed a pre-seed investment round of 380 thousand dollars at a valuation of 4 million dollars. Click for more information.

EndoQuest Robotics, a privately held medical device company and pioneering leader in the development of innovative endoluminal robotics technologies, announced the successful completion of a $42 million C-1 preferred financing round. Click for more information.

ArmorCode, a leader in Application Security Posture Management (ASPM) and Risk-Based Vulnerability Management (RBVM), announced that it has closed a $40 million priority Series B round to advance its mission to help companies deliver secure software quickly and at scale. Click for more information.

Pragmatic Semiconductor, a semiconductor industry leader, has raised £182 million in a Series D round for its flexible integrated circuit technology. Click for more information.

Mine, the pioneering company disrupting the data privacy market, has raised $30 million in Series B financing, co-led by Battery Ventures and PayPal Ventures, with significant investment from Nationwide Ventures and participation from all existing investors, including Saban. Click for more information.

Artificial intelligence (AI) data platform company Vast Data secured $118 million in Series E financing. It almost tripled its valuation to $9.1 billion. Click for more information.

Turkish startup Fingate.io produces services in the fields of service banking (BaaS) and open banking. According to the information provided by Fingate.io, the startup received an investment over $ 12 million valuation. Click for more information.

Opal Security, the next-generation identity security and access management company, announced a $22 million Series B financing led by Battery Ventures with participation from existing investors Greylock and Box Group. Click for more information.