Broom, an Indonesia-based auto-financing startup, has raised $10 million in "pre-Series A" funding led by Openspace Ventures. Other investors, including MUFG Innovation Partner, BRI Ventures and previous backers like AC Venture and Quona Capital also participated. TechCrunch has more here.
Connectd, a four-year-old London startup that connects entrepreneurs with investors and non-executive directors, raised a $2.6 million seed round from LiFE Ventures, Blue Lake, Mail Venture Partners, Arch Law, and Syndicate Room. The company has raised a total of $5.6 million. Tech.eu has more here.
HeadRace, a two-year-old Austin startup that operates a network for independent recruiters, raised a $6 million seed round. Investors included Greylock, Susa Ventures, Breyer Capital, Greylock, Susa Ventures, Breyer Capital, Kindergarten Ventures, and Blue Lion Global. Business Insider has more here.
Intrinsic Semiconductor Technologies, a six-year-old London startup that is developing non-volatile memory that it claims can read data 10-100x faster and write it 1000x faster than existing solutions, raised an $8.5 million round led by Octopus Ventures, with existing investors IP Group and the UCL Technology Fund also participating. The company also secured a $1.2 million grant from InnovateUK. Tech.eu has more here.
K2 Space, a year-old Los Angeles startup that is building satellite buses to leverage new large rockets such as SpaceX’s Starship, raised an $8.5 million seed round co-led by First Round Capital and Republic Capital, with additional investment from Countdown Capital, Boost VC, Also Capital, Side Door Ventures, Earthrise Ventures, Spacecadet VC, and Pathbreaker Ventures. CNBC has more here.
Powered by People, a 13-year-old Nairobi company that provides a B2B wholesale platform that connects buyers in North America and Europe with small-batch producers in more than 70 countries, raised an $8 million Series A round led by Altos Ventures, with participation from earlier backers Golden Ventures and Susa Ventures. More here.
Scrumbles, a five-year-old London startup that provides natural and "gut friendly" food for cats and dogs, raised a $7.3 million round from BGF. The Grocer has more here.
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