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Funding roundup January 10 – January 14: Up to $2m for Adelaide-based IVF company Fertilis, CrowdStrike launches Falcon Fund II, and Indian startups raised $42b in 2021

Dynamic Business brings you the key startup fundraising rounds from this week:

CrowdStrike Launches Falcon Fund II

CrowdStrike Holdings has announced the launch of Falcon Fund II, a $100 million investment vehicle launched in collaboration with Accel focused on cross-stage private investments in cybersecurity and relevant adjacent markets. 

Falcon Fund II, which is five times the size of the original Falcon Fund, represents CrowdStrike’s commitment to expanding the cybersecurity technology ecosystem across adjacent markets as one of the largest strategic venture arms in cybersecurity. 

In 2021, CrowdStrike’s Falcon Fund II will build on the success of the original Falcon Fund, which invested in companies such as Corelight, Cribl, JumpCloud, and Tines. 

Falcon Fund II will help CrowdStrike expand its ecosystem of meaningful technology partnerships, including new vendors for the CrowdStrike Store.

Brisbane-based iNSPIRETEK raises $2.5m

iNSPIRETEK, an Australian mental health platform, has raised $2.5 million to expand overseas. Inspiretek’s seed round values the startup at $8.5 million.

The capital raise, led by venture capital firm -Investible, drew the attention of prominent tech founders such as Matthew Browne of Donesafe, David Shein of Com Tech, and Vu Tran of GO1.

Adelaide-based IVF company Fertilis raises $2m

Fertilis, an Adelaide-based startup, has raised $2 million to join a global wave of companies attempting to make in vitro fertilisation (IVF) more successful for patients and clinicians. 

Fertilis, a two-year-old company that uses micro medical devices to automate cell culture, has received backing from some investors. 

Horizons Ventures, the venture capital firm of Hong Kong tycoon Li Ka-shing and an early investor in Facebook and Spotify, recently led Fertilis’ seed round of AUS$2.75 million ($1.98 million). Other investors details were not disclosed.

NZ-based East Imperial secures $6.4m in funding

East Imperial, a Kiwi-based ultra-premium beverage leader, announced a $6.4 million capital raise in its most recent round of funding. The funds will be used to accelerate and expand the company’s operations. 

Moreover, East Imperial has appointed SUTL as its exclusive Singapore distribution partner to increase its market share. SUTL will distribute East Imperial’s entire product line throughout Singapore, including bottles and the newly launched cans format.

Indian startups raised $42 billion in 2021 

Indian startups raised $42 billion in 2021, up from $11.5 billion the previous year, according to an Orios Venture Partners report. 

According to the ‘The Indian Tech Unicorn Report 2021,’ India produced 46 unicorns in 2021, more than doubling the total number to 90.

With about 60,000 startups, India has the world’s third-largest startup ecosystem.

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Yajush Gupta

Yajush Gupta

Yajush is a journalist at Dynamic Business. He previously worked with Reuters as a business correspondent and holds a postgrad degree in print journalism.

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