Stay up-to-date with the latest update in the SaaS industry as we bring you the SaaS Weekly Roundup, which includes but not limited to breaking news on recent SaaS funding rounds. Discover which software-as-a-service companies are securing new investments, driving innovation, and shaping the future of cloud-based solutions.
Latest SaaS Weekly Roundup Funding News
Here we provide some SaaS Weekly Roundup Funidng News List.
Bebe Burp Raises ₹8 Cr in Pre-Series A
Bebe Burp, a direct-to-consumer baby food brand from Surat, has secured INR 8 crore in pre-Series A funding. The investment came from Gruhas Collective Consumer Fund. This funding will help the brand expand its product line and reach more customers. Bebe Burp focuses on providing healthy, organic baby food options. The new capital aims to enhance their market presence and innovation in baby nutrition.
Nected Secures $1.5M Funding
SaaS startup Nected has successfully raised $1.5 million in funding. The investment comes from Binny Bansal’s Three State Ventures. This significant boost is expected to accelerate Nected’s growth and development. The funding will support expanding their product offerings. It also aims to enhance their market reach.
Kennet Raises $287M Fund
Growth equity investor Kennet, based in London, has raised €266 million for its largest fund ever, Kennet VI. This fund is already being invested in B2B SaaS companies across Europe, supporting their growth and expansion. The significant capital boost will help promising startups scale and innovate in the competitive tech landscape. This move underscores Kennet’s commitment to fostering technological advancement and business growth in the region.
Gates Foundation Invests $5M in Noze
Noze, a breath-based diagnostics startup, received a $5 million equity investment from the Bill & Melinda Gates Foundation. This is the foundation’s first equity investment in Canada. Including two previous grants, the total contribution from the Gates Foundation is now $6.8 million. This funding aims to advance Noze’s innovative disease detection technology.
Checkly Raises $20M Series B
Checkly, a Berlin-based company specializing in observability and monitoring, has secured $20 million in Series B funding. This round of investment will support their continued growth and innovation in the field. The funding will help Checkly enhance their platform and expand their market presence. This capital injection comes as they continue to develop solutions that offer deeper insights and more robust monitoring capabilities.
Axle Energy raises £7M for grid decarbonization
London-based Axle Energy, focused on energy flexibility, has secured £7 million in seed funding. This brings its total funding to £8 million. The new investment aims to advance their efforts in decarbonizing the power grid. The funding round was supported by Accel and other investors. The company is using this capital to enhance its technology and expand its impact on sustainable energy solutions.
MYNE secures €40M for proptech
MYNE, a German proptech company focusing on vacation home co-ownership, has raised €40 million in Series A funding. This investment will help MYNE expand its offerings across the UK and Europe. The funds aim to revolutionize vacation property ownership by making it more accessible. This significant funding round highlights investor confidence in the company’s innovative approach. MYNE plans to use the capital to scale its operations and enhance its platform.
Shot Scope secures $8.5M for golf
Edinburgh-based Shot Scope has raised $8.5 million in Series B funding, led by Guinness Ventures, which contributed $4 million. This investment aims to enhance Shot Scope’s technology for golfers. The funding will help the company expand its product offerings and improve game analysis tools. With this support, Shot Scope plans to further innovate and support golfers in enhancing their performance.
Startup Secures £750k for Staircasing
Stairpay, a platform designed to make shared ownership easier for first-time buyers, has secured £750,000 in pre-seed funding. This investment will help streamline the staircasing process, allowing users to gradually increase their ownership shares in properties. The funding will be used to enhance the platform’s features and expand its reach. The pre-seed round sets the stage for future growth and development in the property market.
OpusFlow gets €1.7M for installers
Deventer-based OpusFlow, an ERP solution for sustainable installers, has raised €1.7 million in funding. The investment was led by B2B SaaS investor Peak. This funding will help OpusFlow enhance its platform, aimed at simplifying operations for installers focused on sustainability. The boost supports their goal of improving efficiency in the industry.
Vilnius’ BoBo lands €6.5M for cross-border transactions
Vilnius-based BoBo, a fintech firm, has raised €6.5 million in seed funding. The investment, led by Graphit Lifestyle, aims to enhance large volume cross-border transactions. BoBo focuses on facilitating seamless financial operations for modern entrepreneurs. This funding will help expand their innovative solutions in the financial sector.
Rillet Raises $13.5M in Funding
Palo Alto’s Rillet, known for its automation-first ERP system tailored for fast-growing companies, has secured $13.5 million in funding. This investment aims to boost their efforts in providing innovative ERP solutions that streamline operations for high-growth businesses. The new funds will support Rillet’s expansion and development of advanced features. The company’s focus is on enhancing automation and efficiency for its clients.
Arcadea Group lands $336M CAD
Arcadea Group, based in Toronto and Orlando, has raised $243.5 million USD ($336 million CAD). This funding will help them expand their acquisitions of vertical SaaS companies. The goal is to accelerate their growth by investing in specialized software businesses. This major funding boost reflects their commitment to scaling up their operations in the SaaS sector.
Austrian Tset raises €12.7M
Vienna-based Tset, a software firm focused on cost and carbon management in manufacturing, has secured over €12.7 million in its Series A funding round. This investment will help Tset strengthen its leadership and expand into new markets and industries. The company aims to enhance its solutions for managing costs and reducing carbon footprints. The funding will support its growth and development in various sectors.
Rothschild fund raises £225M for tech
A private equity fund backed by Edmond de Rothschild and British Patient Capital has raised €266 million (£225 million). This fund will invest in software-as-a-service (SaaS) companies throughout Europe. The goal is to support the growth of SaaS firms in various European markets. The funding will enable these companies to expand and innovate. This investment marks a significant boost for the European SaaS sector.
Reda More: SaaS Weekly Roundup #11 – SaaS Funding Highlights
