Spruce Funded $29M for Real Estate Innovation

Real Estate

A large number of companies have introduced to digitize all aspects of real estate, from estimating valuations to observing operational costs and underwriting mortgages.

Spruce is one of those companies in New York City that has a digitized platform for enabling online real estate transactions. The company funded Scale Venture Partners led $ 29 million in growth capital with participation from Zigg Capital and Bessemer Venture Partners.

The funding intends to use in the team’s expansion, accelerate the development of its proprietary technology, and deepen integrations with client partners.

Spruce

10 Most Profitable Small Businesses that are Worthy of Your Investment

Starting up a business is a challenge. Whether it is small or big, you need to follow a series of steps along with different strategies to make it a profitable venture. To make a business worthy of your investment, it is necessary to perform thorough research on each aspect such as a business idea, market, competitors, and finances etc.
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Clear Labs Funded $18M for COVID-19 Diagnostics

Automated

Clear Labs is a US-based provider of an automated and food safety testing technology that has been funded $18 million. The funding led by Redmile Group, Wing VC, Menlo Ventures, Tyson Ventures, and Khosla Ventures, GV, Felicis Ventures, and HBM Genomics.

These funds intend to used to commercialize the company’s food safety platform and to leverage the underlying Next Generation Sequencing (NGS) technology in the clinical market, mainly to enhance the availability and quality of COVID-19 diagnostic tests.

Specialists agree that the shortage of COVID-19 testing has been a

Stardog Funded $3M for additional Series B Funding

Stardog Funded

In Arlington, Va, Stardog has expanded its Series B to $11.4 million, securing an additional $3m.

Stardog, the leading Enterprise Knowledge Graph platform, funded an additional $3M from new investors Contour Venture Partners, Dcode Capital, and Presidio Venture, the corporate venture capital arm of Sumitomo Corporation.

Stardog intends to use the additional capital to scale go-to-market operations, planning to expand EU operations and strengthen the work in the public sector.

From the statement of Kendall Clark, CEO and Founder of Stardog, their new partners have deep knowledge in critical areas