Seed Weekly #23 — Multiple rounds across Israel, India and Singapore, UK remains quiet
As you may (or may not) have noticed, there was no Seed Weekly edition last week. For now, it will be the Seed Bi-Monthly, owing to the lack of funding announcements currently.
Highlights of the last 2 weeks funding rounds:
- 🇨🇭 Aktiia was the largest round of the week, with over $6m raise. The company has developed a smart bracelet which can track users blood pressure 24/7.
- 🇬🇧Claimer raised $350k from angels (including former Index Partner Ben Holmes) and TrueSight Ventures, to help companies claim their R&D tax credits in the U.K. TechCrunch has more here.
- 🇮🇱 Pruvo enables travellers to save up to 70% on their hotel reservations through re-booking mechanics.
- 🇮🇳 rePurpose Global raised just over $150k from Pear Ventures for its plastic offsetting service for businesses and consumers. (Similar to Project Wren).
Figures this week:
Funding rounds covered:
13
Countries covered:
10
Largest round:
$6,100,000
Estimated funds raised:
~€26,500,000 (not all covered below)
Categories & countries:
Most rounds:
🇮🇳 India, 🇮🇱 Israel and 🇸🇬 Singapore
Largest Round:
🇨🇭 Aktiia $6,100,000
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Edition 24 will be published in Mid-April
🇨🇭 Switzerland — $6.1m
Aktiia
Raised: $6.1m (Seed)
Category: Health Care, Health Diagnostics, Medical Device, Wearables
Description: Aktiia develops a smart bracelet with an optical sensor that tracks the users systolic and diastolic blood pressure all day and all night. Users can view their data any time via the simple and easy-to-understand Aktiia mobile app.
Investors: Translink Capital, Investiere, Redalpine and others.
Location: Neuchâtel, Switzerland.
🇮🇱 Israel — $6.1m
Convizit
Raised: $5m (Seed)
Category: Application Performance Management, AI, Big Data, Machine Learning
Description: Convizit’s AI technologies automatically capture, tag and analyze user activity data, empowering marketers, product managers and site owners to glean new and valuable business insights from user behaviour data.
Investors: Pitango Venture Capital and Jumpspeed Ventures.
Location: Jerusalem, Israel.
Raised: $1.1m (Seed)
Category: Artificial Intelligence, E-Commerce, Hospitality, Internet, Tourism, Travel
Description: Pruvo monitors hotel reservation prices, and notifies users once the price drops, enabling them to re-book the exact same hotel room for a lower price. By rebooking when the price drops, customers can save up to 72% off their original reservation price.
Investors: 4Founders Capital
Location: Haifa, Israel.
🇮🇳India — $3.25
Agnikul
Raised: $3.1m (Seed)
Category: Rockets, Aerospace
Description: AgniKul designs, manufactures, tests and launches orbital-class rockets for micro and nanosatellites.
Investors: Artha India Ventures, LetsVenture, CIIE and others.
Location: Chennai, India.
Raised: $150k (Seed)
Category: Environment, Recycling, Waste Management
Description: rePurpose Global enables conscious consumers and businesses to go Plastic Neutral, through calculating their plastic consumption, then paying monthly to offset their footprint.
Investors: Pear Ventures.
Location: Bengalaru, India.
🇸🇬 Singapore — $2.9m
UNL
Raised: $2.8m (Seed)
Category: Last Mile Transportation, Location Based Services, Logistics, Navigation, Smart Cities
Description: UNL is a smart addressing platform that provides any location with a unique, universal location ID. Adding a programmable layer to real-life locations, UNL is building the Internet of Places, serving as an infrastructure for the location-based service economy. Making any location a point of sale, delivery and payment.
Investors: SOSV, SGInnovate and others.
Location: Singapore.
Pawjourr
Raised: $100k (Seed)
Category: Advertising, Marketplace, Pet, Social Media Marketing
Description: Pawjourr helps pet owners discover new products/services, read reviews from other pet owners & redeem free samples to try before buying.
Investors: Antler
Location: Singapore
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🇳🇱 Netherlands — $3m
Kaizo
Raised: $3m (Seed)
Category: Software, Artificial Intelligence, Customer Service, Gamification, Machine Learning, SaaS
Description: Kaizo helps customer support teams boost their performance. As a performance management software, it uses gamification and AI to convert data into powerful and contextualised insights, allowing everyone to make data-driven decisions.
Investors: Partech and Gradient Ventures (Google’s AI Fund)
Location: Amsterdam, Netherlands.
🇮🇸 Iceland — $1.1m
Indo Services
Raised: $1.1m (Seed)
Category: Banking, Financial Services
Description: Indo services is a mobile-first technologically advanced neo-bank.
Investors: Iceland Venture Studios
Location: Reykjavik, Iceland.
🇮🇪 Ireland — $750k
My Money Jar
Raised: $750k (Seed)
Category: Financial Services, Wellbeing
Description: My Money Jar is a financial wellbeing app. It helps users reduce financial stress and live within their means by combining innovative budgeting tools with behavioural psychology.
Investors: Enterprise Ireland
Location: Dublin, Ireland
🇧🇪 Belgium — $500k
Hello Contento
Raised: $500k (Seed)
Category: Digital Marketing, Marketing Automation, Small and Medium Businesses
Description: Contento supports the online growth of small businesses and busy entrepreneurs through A.I. powered social media marketing software.
Investors: Google (partnership and potential investor).
Location: Antwerpen, Belgium.
🇪🇪 Estonia — $450k
Kipwise
Raised: $450k (Seed)
Category: B2B, Internet, Knowledge Management, Productivity Tools, SaaS, Search Engine
Description: Kipwise serves as a knowledge management tool that integrates seamlessly with Slack, Google Drive and more, so users can build up their team knowledge base from your daily communication. It enables users to highlight, annotate, and save articles shared in their Slack channel easily for efficient knowledge sharing.
Investors: Techstars
Location: Tallinn, Estonia.
🇬🇧 United Kingdom — $350k
Claimer
Raised: $350k (Seed)
Category: Accounting, Credit, Finance, SaaS, Software
Description: Claimer is a self-service application that gets claims done easily on research and development.
Investors: TrueSight Ventures and angels.
Location: Croydon, United Kingdom.
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