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: Biyaku Receives Another $80,000 Investment
Startups that received investment
Cybersecurity startup Nucleus Security announced that it has raised $43 million in Series B financing led by Arthur Ventures and Lead Edge Capital. Click for more information.
Bob W, a short-term premium apartment rental marketplace, has raised €40 million in a Series B funding round. Click for more information.
The Pickies startup offers an easy, fast and secure ordering process for users and enables online payments and orders to be taken easily. According to the information obtained, the startup received investment from Hakkı Alkan, one of the important names of Turkey’s technology media. Click for more information.
Finom, the Europe-based B2B fintech platform for SMEs and freelancers, announced that it has raised €50 million in a Series B equity financing round. Click for more information.
In a remarkable financial boost for the emerging technology company Antithesis, $47 million was secured in seed funds. Click for more information.
Flower Labs, a pioneer of innovation in unified learning technology that has made a significant leap forward for the world of artificial intelligence, recently announced a massive $20 million financing. Click for more information.
Italian app developer Bending Spoons has raised $155 million in its latest round of equity financing as it prepares to make more acquisitions. Durable Capital Partners led the company’s $155 million investment round. Click for more information.
San Francisco-based startup Scribe has secured $25 million in a Series B funding round to further develop its innovative approach to knowledge management. Click for more information.
Biyaku, Turkey’s first Sexual Wellness App, received another $80,000 investment. Founded by Bora Öğünç, co-founder of Bikafalar, Pub Story and Fatma Gamze Kiremitçi, co-founder of Hypeup, Taxim Pilates and Flex By Taxim, Biyaku aims to increase users’ libido and discover their own sexuality through daily meditations and exercises. Click for more information.
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