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Top startup funding this week- BabyChakra, Securely, Postman, FabAlley, Ladder and others

Image source - BabyChakra

♥ India based Parenting social discovery platform BabyChakra has raised an undisclosed amount in Series-A funding round from Seattle based venture capital fund Round Glass Partners. The funds will be invested in product’s  technology development, strategic hiring and boosting localized contents. The company has partnered with more than  16,000 service providers till date , offers resources and information on parenting and early childhood development

 Securly, a Calif.-based education startup based startup which offers web filtering services primarily for schools, has raised  USD 4 million in a Series A funding round led by Owl Ventures. Secu Founded in 2012, Securely claims the ability to use natural language processing to find warning flags in kids’ web searches or social media posts. The company plans use the funding to build notification features for parents as a part of product development

♥ Vincross, Headquartered at Beijing, China , a robotics startup company raised $6 million in Series A funding. This funding round was led by GGV Capital, with participation from ZhenFund . The company plans to use the funds for recruitment and and product development . According to its founder and CEO Sun Tianqi, Vincross is going launch its first product, all-terrain robot HEXA, a six-legged robot-spider that can climb stairs in the market very soon . It can walk, climb, and travel across rough terrain, making it top preferable product for scientific expeditions. It can also be used in firefighting, rescue operations even in Elon Musk’s Mars plan also.

BlackThorn Therapeutics, a clinical stage bio pharmaceutical company  that discovers and develop targeted treatments for neural disorders, has raised nearly $40 million in Series A funding. This round was led by ARCH Venture Partners . Other venture capital firms  Johnson & Johnson Innovation – JJDC, Inc., Altitude Life Science Ventures, Mercury Fund, Alexandria Real Estate Equities also joined this round .  BlackThorn is building a pipeline of treatments through its innovative INFORM™ platform to study human brain’s physiology and its relation  to Human behavior. Then after by accumulating all the data BlackThorn enables focused, rapid, resource efficient translational studies for drug development.

♥ Postman, PaaS based startup  that helps developers to build, test and then share their APIs at a faster pace, today raised $7 million in series A funding from Nexus Venture Partners. This is the second round of funding by Postman. The company had raised $1 million from Nexus Venture Partners in last October 2015 primarily for product development. With this fresh funding infused , Abhinav Asthana, Co-founder and CEO of the company is looking to focus on the US operations,Hiring and Product enhancement.

FabAlley , India’s well known fashion brand FabAlley has raised nearly 2 million USD in a Series A funding . This round is  led by Mumbai-based venture capital India Quotient with participation from existing investors including  Indian Angels Network, social entrepreneur Ranjan Sharma and other angel investors . The online-to-offline brand, will use this fund  primarily for business expansion, product development and on marketing with brand awareness.

 Ladder Financial Inc., a silicon valley startup -based insurance technology  startup that provides term life insurance to residents of California, has raised $14 million in Series A funding. This round was led by Canaan Partners with participation from LSVP, NYCA and 8VC.

The company plans to use this fresh funds to to develop the platform and expansion. Ladder was founded in 2015 by Jamie Hale, provides a digital life insurance product with no middlemen or sales offices, It allows customers to receive a personalized  quote to see an estimate of the price .

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