[Weekly funding roundup] Venture investments in startups continue to grow

Although it started slow, the month of May has ended well for the Indian startup ecosystem after the total venture funding reached a three-figure mark. 

The last week of the month recorded a venture funding of $403 million as compared to $285 million in the previous week.

There were 16 venture deals during the week, with early-stage investments accounting for 12 transactions, followed by three in the growth stage and one in late.

Fintech startup Zeta raised $250 million in a Series C funding round from Softbank Vision Fund 2, at a valuation of $1.45 billion becoming the latest entrant in the unicorn club. 

FarEye raised $100 million in Series E round led by TCV and Dragoneer Investment Group, along with participation from existing investors. 

Microblogging startup Koo raised $30 million in a Series B funding round led by Tiger Global with participation from IIFL and Mirae Assets.

Fintech startup Kodo raised $8.75 million in a seed round from Brex, Goat Capital, Pioneer Fund, and other Silicon Valley investors.

Get My Parking (GMP) raised funds in a round led by IvyCap Ventures, along with participation from existing investors. 

Matrimonial app, Betterhalf.ai, raised $3 million in a pre-Series A round from S2 Capital, Quiet Capital, and other angel investors. 

FarMart, an agritech startup raised $2.4 million in a pre-Series A round led by Omidyar Network India and Avaana Capital. 

Edtech startup Tekie raised $1.5 million in seed round co-led by GSV Ventures and Multiply Ventures. 

IIT Delhi-backed Clensta raised Rs 5 crore from N+1 Capital. 

Salon-focused Glamplus raised Rs 2 crore in a pre-Series A round led by Inflection Point Ventures. 

Mentoria, a career discovery platform, raised Rs 1.5 crore in a pre-Series A funding round from Indian Angel Network (IAN). 

Cuvette Tech, an internship-focused startup, raised $180,000 in a seed round led by Titan Capital and other angel investors. 

Scenes by Avalon raised an undisclosed amount in pre-Series A funding round from angel investors and VC firms. 

Rezo.ai raised an undisclosed seed round led by Modulor Capital, Dexter Angel Network, Veda, and angel investors. 

Polygon, a blockchain-tech startup, raised undisclosed funding from US-based tech billionaire and serial startup investor Mark Cuban. 

LegalPay raised an undisclosed seed round from 9Unicorns, LetsVenture, and angel investors. 

Voice intelligence and AI assistant provider Fireflies raised $14 million in a Series A funding round led by Khosla Ventures and Canaan Partners. 

Atlan, a tech startup, raised $16 million Series A funding led by Insight Partners and other angel investors. 

Sentieo, the US and India-based fintech startup raised $20 million in Series B round from Ten Coves Capital, along with participation from existing investors. 

Conversational tech startup, Yalo raised $50 million in a Series C round led by existing venture investor B Capital Group.

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