TDK invests $21M in Ultraviolette to take India-Made Electric Motorcycles Global

Ultraviolette Automotive, a Bengaluru-based electric motorcycle manufacturer, has raised $21 million in an all-equity round led by TDK Ventures, the corporate venture arm of Japanese electronics giant TDK Corporation. Existing backers Zoho Corporation and Lingotto (formerly Exor Capital) also participated.

India

TDK invests $21M in Ultraviolette to take India-Made Electric Motorcycles Global

Switzerland

Swiss Biotech Mabylon lands €32M to advance Peanut Allergy Antibody to Clinical Trials

Mabylon AG, a Zurich-based biotech company developing human-derived, multi-specific antibodies for allergies, inflammation, and neurology, has raised CHF 30 million (approx. €32M) in a mix of equity and convertible loans from existing private investors. Major contributions came from former Roche management and board members.

Dubai

Supernova Challenge: The world’s largest startup pitch competition at Expand North Star

The Supernova Challenge is one of the most prestigious equity-free pitch competitions globally, awarding a $120,000 prize pool exclusively to startups exhibiting at Expand North Star.

Korea

Seoul-Based Datumo raises $15.5M to take on Scale AI in LLM Evaluation and Safety

Datumo, a Seoul-based AI model evaluation and data labeling company, has raised $15.5 million in funding from Salesforce Ventures, KB Investment, ACVC Partners, SBI Investment, and others. The round brings its total funding to about $28 million.

United States

Slow Ventures’ $60M Creator Fund Makes First Investment: $2M for Woodworking Entrepreneur Jonathan Katz-Moses

Slow Ventures has made the first investment from its $60 million Creator Fund, backing woodworking content creator Jonathan Katz-Moses with $2 million.

United States

Ex-OpenAI Execs raise $200M at $1B Valuation for AI-Driven Materials Science Startup Periodic Labs

Periodic Labs, a newly launched AI-powered materials science company, has raised $200 million in funding at a $1 billion pre-money valuation. The round is led by Andreessen Horowitz (a16z), with participation from OpenAI and other undisclosed investors.

Africa

Chowdeck from Nigeria raises $9M to expand profitable Food Delivery and Launch Quick Commerce

Chowdeck, a Lagos-based food delivery platform that has achieved profitability in one of the world’s toughest, lowest-margin markets, has raised $9 million in Series A funding to expand operations in Nigeria and Ghana and launch a quick commerce service.

United States, Canada

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TDK invests $21M in Ultraviolette to take India-Made Electric Motorcycles Global