Friday, August 19, 2022

Hintsa Performance raises €5.1m to expand its holistic wellbeing solutions

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Hintsa Performance, a high-performance coaching and wellbeing company, has raised €5.1 millions in new funding from notable investors, including ex-Unilever CEO Paul Polman, K5 Global, The Late Late Show host James Corden, and Charles Plowden, former joint senior partner of Baillie Gifford & Co, who will be the incoming Chair of the Board at Hintsa.

Acoustiic closes funding round, expands its team and facilities

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Acoustiic, Inc., a healthcare firm at the forefront of next-generation therapeutic ultrasound systems, announced closing a funding round and expanding its team and facilities to develop non-invasive, early treatment of multiple diseases. The firm is creating an ultrasound tech platform for the treatment of a wide variety of potential clinical indications in a compact, modular, and versatile system to further improve patient outcomes and lowering costs.

Fintech oriented private equity firm Motive Partners raises $2.5 billion

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Motive Partners (Motive), a private equity firm focused on financial tech, announced the successful final close of its second flagship fund, Motive Capital Fund 2 (the Fund), with total capital commitments of $2.54 billion for the Fund and its affiliated co-investment vehicles.

Nano-UV-lithography company Eulitha AG gets funding from AGIC Capital

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AGIC Capital announced that an investment fund under its management has entered into a set of transaction documents in respect of an undisclosed amount into Eulitha AG, a specialized tech provider of non-contact Nano-UV-Lithography equipment and services.

New-age insurtech startup upcover raises 4.7 million in seed funding

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upcover announced it has secured $2.7 million equity and $2m debt in a $4.7m seed round. With backing from industry heavyweights, the trailblazing insurtech startup is simplifying, digitising and democratising a heavily regulated industry that has been stagnant for years.

MONEYME increases undrawn securitisation funding capacity

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MONEYME Limited announced an increase to its external securitisation funding facilities to $1.65bn, with undrawn capacity of $388m. The Group’s warehouse funding facilities now include funding from 2 major Aussie banks and 2 major global banks via 5 warehouses.

Community-led FTT DAO raises $7 million donated by FTX token fans

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FTT DAO, a community-led ecosystem DAO, received 250,000 $FTT, worth about $7m, in community donations to kick start its activities. A number of community contributors took part in the donation to help grow FTT DAO. Through this donation, which will be used as an ecosystem fund, FTT DAO plans to support upcoming community-led projects across areas like crypto education, decentralized finance and effective altruism for the FTT community.

Alliance of tech bigwigs participate in Entrepreneur First’s $158m Series C

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Entrepreneur First (EF), a scaleup investor in early stage founder talent, has raised a $158 million in Series C funding round from a group of veteran technology founders, including Patrick and John Collison, Reid Hoffman, Taavet Hinrikus and Matt Mullenweg.

Avaya announces $600 million aggregate financing commitments

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Avaya Holdings Corp. (NYSE: AVYA) announced $600 million in aggregate financing commitments. The Company priced $350 million in aggregate principal amount of new Senior Secured Term Loans and entered into agreements for the private placement of $250 million in aggregate principal amount of Exchangeable Senior Secured Notes, all due in 2027.

Cloutly closes $500,000 pre-seed funding to revamp customer reviews

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Gold Coast based tech startup Cloutly is building its footprint after raising a $500K pre-seed round of funding, led by Unify Ventures with participation from Palm Beach Ventures (PBV). Cloutly co-Founders Lachlan Fea and Joshua Heslin are excited to welcome a star-studded cast of new investors and heavyweight advisors along for the ride, including Alex Retzlaff of Unify Ventures, Mike van der Heijden of Portal Ventures, Jason Atkins of Cake Equity, PBV, George Hartley of Bluethumb, Smartrmail and Chad Stephens of 1Form, Fillr.