Daily funding roundup - July 16th, 2021
Shopmonkey raised $75M; Daloopa landed $20M; Stemson Therapeutics secured $15M; Halla picks up $4.5M
Netradyne: Netradyne is a San Diego-based startup that uses cameras and edge computing to improve commercial driver safety. Netradyne has raised $150 million in Series C funding. SoftBank Vision Fund 2 led the round, joined by Point72 Ventures and M12. Read more
Shopmonkey: Shopmonkey is a San Jose, Ca.-based maker of process management software designed for auto repair shops. Shopmonkey has raised $75 million in Series C funding. Bessemer Venture Partners and Index Ventures co-led the round, joined by Iconiq Growth and earlier backers Headline and I2BF. Read more
Daloopa: Daloopa is a New York-based startup that's developing data extraction tech for financial institutions. Daloopa has raised $20 million in Series A funding led by Credit Suisse Asset Management. Read more
Stemson Therapeutics: Stemson Therapeutics is a San Diego-based startup aiming to create a hair loss treatment that makes net-new hair follicles. Stemson Therapeutics has raised $15 million in Series A funding. DCVC led, and was joined by AbbVie Ventures and Genoa Ventures. Read more
Verve Motion: Verve Motion is a Cambridge, Ma.-based developer of exo-suits for grocery workers (to prevent back injuries, among other things). Verve Motion raised $15 million in Series A funding. Construct Capital led the round, joined by Founder Collective, Pillar VC, Safar Partners and OUP. Read more
Play2Pay: Play2Pay is a Miami, Fla.-based bill payment startup. Play2Pay has raised $13 million in Series A funding led by Telesoft Partners, with participation from Harbor Spring Capital and numerous individual investors. Read more
Halla: Halla is a New York-based startup that says its "taste intelligence" tech can accurately predict shopper intent and recommend the grocery item a person will want to buy. Halla has $4.5 million in funding from Food Retail Ventures. Read more
Yummy: Yummy is a San Francisco-based delivery app on a mission to create the super app for Venezuela. Yummy has raised $4 million in funding to expand its dark store delivery operations across Latin America. Funding backers included Y Combinator, Tinder co-founder Justin Mateen, Canary, Hustle Fund, Necessary Ventures and the co-founders of TaskUs. Read more
Pipeline: Pipeline is an Autin, TX.-based company whose goal is educating and shaping the next generation of content creators. Pipeline closed a $2 million seed round. The round, co-led by Scribble and Amasia, includes an impressive group of investors, executives, and creators from companies like Facebook, Hulu, Google, Twitter, and Instagram. In addition, Marc Merril, co-founder of Riot Games, Eros Resmini, co-founder of Discord and content creators Vikkstar123, NoahJ456, SypherPK, MrRofflWaffles also participated. Read more
If you are interested in being included in our funding roundup, submit your press release or blog post about your financing round to kristin@vator.tv. If you want a longer write-up, please do give us a couple of days heads up. If you'd like to be included in our Today's Entrepreneur column, please send me your Vator profile.
Kristin Karaoglu
Woman of many skills: Database System Engineer; SplashX event producer; Author of Startup Teams
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