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Like every week, we have come up with the glimpse of the top five funding activities that took place this week. As you might already know, funding is an essential part of a business, especially for the startups. Without funding, the startups cannot look forward to grow and expand as per their plans. This particular week was quite active in terms of fundraising. Various companies, startups raised a valuable amount of funds from well-known investors. The company that raised the highest amount of funds was AutoGrid. It raised $32 million in Series D funding. Well, lets now have a look at all the top five funding activities that made it to the list. 1) Bon Pune-based fintech startup Bon has reportedly raised funds amounting to $1.1 million (Rs 7.8 crore) in...

Bengaluru-based artificial intelligence company AutoGrid has reportedly secured funds amounting to $32 million in Series D funding. With this round, the total funding of the company as of now has reached $75 million. The new backers comprised of CLP Holdings Group, Innogy, Ørstead, Tenaska and others. Apart from these, the existing investors that participated in the round included Energy Impact Partners, Envision Ventures, Total Energy Ventures, Clearsky Power & Technology Fund, E.ON and Foundation Capital. “We are humbled by the trust and responsibility that some of the largest energy companies in the world are placing in us in their transformative journey towards a new energy future,” said Dr. Amit Narayan, AutoGrid chief executive officer. “We are excited by this investment, whi...

Tag: AutoGrid

Top 5 Funding of The Week (10th Sept – 15th Sept)

AutoGrid Secures $32 Million in Series D Funding Round