Daily funding roundup - Dec. 14th, 2020

Kristin Karaoglu · December 15, 2020 · Short URL: https://vator.tv/n/5178
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Joro has raised $2.5M; Tonic landed $8M; Indico picks up $22M; Grove Collaborative secured $125M

Mombox: Mombox is a Boston-based direct-to-consumer company that sells a curated one-time kit filled with postnatal care products for new moms. Mombox has raised $500,000 in seed funding from Wayfund, TBD Angels and numerous individual investors. Read more 

Joro: Joro is an Oakland, Ca.-based startup whose app measures your carbon footprint in real-time as you shop and suggests new habits based on your behavior. Joro has raised $2.5 million in seed funding from Sequoia Capital, Expa and Amasia, as well as from numerous angel investors. Among them: James Park, the co-founder of Fitbit, and Rich Pierson, the co-founder of Headspace. Read more

Nanotech: Nanotech is a Houston, Tex.-based material science startup that's working on a line of spray-on coatings for both commercial insulation and fireproofing up to 1800 degrees Celsius. Nanotech has raised $5 million in seed funding led by the Austin-based firm Ecliptic Capital. Read more

Tonic: Tonic is a San Francisco-based that automatically creates mock data that preserves key characteristics of secure datasets so that developers, data scientists, and salespeople can work without breaching privacy. Tonic has raised $8 million in Series A funding. GGV Capital led the round, joined by Bloomberg Beta, Xfund, Heavybit, Silicon Valley CISO Investments and numerous individual investors. Read more

GoFor Industries: GoFor Industries Ottawa, Canada-based on-demand delivery company. GoFor Industries has raised $15.7 million in Series A funding. Builders VC led the round, joined by MetaProp, GroundBreak Ventures, Plug & Play Ventures and Panache Ventures. Read more 

Arya: Arya is a Noida, India-based lender to farmers in the country. Arya has raised $21 million in Series B equity and debt funding led by Quona Capital, with participation from LGT Lightstone Aspada and Omnivore. The company isn't breaking out how much of the round is equity versus debt, or who its debt lenders are. Read more

Indico: Indico is a Boston-based maker process automation software. Indico raised $22 million of Series B funding. Jump Capital and Sandbox Ventures led the round, joined by Nationwide's venture capital arm. Read more

CG Oncology: CG Oncology is an Irvine, Ca.-based clinical-stage biopharmaceutical company focused on developing oncolytic immunotherapies. CG Oncology has raised $47 million in Series D funding. Kissei Pharmaceutical led the round, joined by ORI Healthcare Fund, Camford Capital, and Perseverance Capital Management. Read more

Grove Collaborative: Grove Collaborative is a San Francisco-based seller of natural home and personal care products. Grove Collaborative just raised $125 million at a post-money valuation of $1.3 billion. Investors included the Counterpoint Global group at Morgan Stanley, Sculptor Capital, Nextview Ventures, and Glynn Capital. Read more

Zenoti: Zenoti is a  Bellevue, Wa.-based startup that develops software for the spa and salon industry. Zenoti has raised $160 million in Series D funding at a post-money valuation of “well past $1 billion,” its founder and CEO tells TechCrunch. Advent International led the round, joined by Tiger Global Management and Steadview Partners. 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.

Image by Anand Kumar from Pixabay 

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Kristin Karaoglu

Woman of many skills: Database System Engineer; SplashX event producer; Author of Startup Teams

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