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ChrysCapital invests $100 million in India’s Lenskart Jun 15, 2023

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ChrysCapital has invested $100 million in Lenskart, the two said Thursday, pushing the Asian eyewear startup’s raise to $850 million in the past year. The Indian venture firm is buying shares worth $100 million into the Bengaluru-headquartered startup through both primary and secondary transactions, the two said. The new investment follows Abu Dhabi Investment AuthoritY.

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Deepchecks snags $14M seed to continuously validate ML models Jun 15, 2023

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As companies increasingly rely on machine learning models, it’s imperative that they continuously check the models to make sure they are working as intended and that the data is valid, unbiased and not corrupted in any way. Deepchecks, an Israeli startup has come up with a solution to continuously test models from development through production.

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Finfra lets Indonesian businesses add embedded finance to their platforms Jun 14, 2023

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Finfra, an Indonesian startup that provides the tech infrastructure for online businesses that want to offer embedded finance products, has raised $1 million in new funding. The round included participation from DSX Ventures, Seedstars International Ventures, Cento Ventures, Fintech Nation, FirstPick, BADideas Fund and Hustle Fund. The startup’s new funding will be used on product.

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Kaya Founders backs Philippines startups from “Day 0” Jun 14, 2023

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The Philippines’ startup ecosystem is poised for strong growth, thanks to the country’s rising GDP, fast adoption of online services and a new generation of founders. Launched by tech and investment veterans, Kaya Founders wants to back the most promising startups from the very beginning. The venture firm announced today that it has closed $12.

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Oova grabs another $10.3M, unveils membership model for at-home fertility testing Jun 14, 2023

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Oova's new membership offering is priced at $99 and includes The Oova Kit, personalized support from healthcare professionals and access to a community of peers.

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Nordic VC Voima Ventures launches €90M fund for deep tech startups Jun 13, 2023

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Nordic VC firm Voima Ventures today announced its third fund with an initial closing of €90 million fund and a final target of €120 million, focusing on early-stage “deep tech” startups from across the science realm.

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Navan takes a swipe at expense management startups with new Mastercard and Visa partnerships Jun 13, 2023

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Want more fintech news in your inbox? Sign up here. In recent years, a number of startups have made a business out of providing corporate credit cards to companies.

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HSBC rebrands, expands its SVB UK buy as HSBC Innovation Banking Jun 12, 2023

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Acquired by HSBC in an emergency sale for just £1 in March as SVB was melting down, SVB UK is now getting a rebrand and expansion under its new owner.

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Cultured meat startup Higher Steaks nabs $30M and rebrands as Uncommon Jun 12, 2023

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U.K.-based cultivated meat startup Higher Steaks has raised $30 million in a Series A round of funding and revealed that it’s changing its name to Uncommon.

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Green Coffee Co. percolates on $25M to expand in Colombia, launch alcoholic beverages Jun 09, 2023

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Green Coffee is a consolidated arabica coffee farming company, headquartered in the U.S., with operations in Colombia that span 9,000 acres across 14 farms.

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