How to Start an Online Business
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December 31, 2021
Dynamic Business brings you the key startup fundraising rounds from this week:
Farmers in New South Wales and Queensland can now apply for grants of up to $50,000 to recover damaged crops and stock, rebuild fences, and replace machinery.
The grants are immediately available to farmers in LGAs, which were disaster-declared after the severe flooding.
Neobank Jupiter has raised about $86 million in a new financing round. Tiger Global, QED and Sequoia Capital India co-led the Series C round
The new round values the startup at $711 million, up from about $300 million in its August Series B funding.
The $15.4 million Series A round was led by UP Partners, with participation from LDV Capital and Contour Ventures.
The company plans to use the money to move toward production by putting its development kits in the hands of partners.
Singapore-based CyberHash, a blockchain-based distributed storage startup, has raised US$20 million in a new financing round led by VC firm Lemon.
Mamaearth entered into unicorn club after securing a fresh round of funding worth $38 Mn from Sequoia Capital. Mamaearth’s valuation has touched close to $1.07 billion after the raise.
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Yajush is a journalist at Dynamic Business. He previously worked with Reuters as a business correspondent and holds a postgrad degree in print journalism.
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