Beej Daily Updates (14-08-2023)
Startup incubator 2070Health raises $30 million in funding
2070 Health, a healthcare venture incubator, has raised $30 million for funding to create a platform that will build healthcare companies in India. The funds will also be used to seed the newly-launched companies. It plans to launch 15 to 20 healthcare companies over the next five years.
Renewable energy platform SafEarth raises Rs 3.5 crore in funding
SafEarth as raised Rs 3.5 crore in a funding round .The latest capital infusion will help fuel, SafEarth's product development initiatives and support its expansion into new industrial belts across India, SafEarth, which has over 100 completed industrial solar projects and a deployed capacity of 171 megawatt, said it has saved 300,000 tonnes of carbon emissions. Its platform has generated business over APP 800 crore for solar installers, the company said in a statement.
US healthcare startup Aledade valued at $3.5 billion after fund raising
US healthcare startup Aledade was valued at $3.5 billion after its latest funding round. The startup generated more than $475 million in revenue for 2022, over 50% higher than the year before. Aledade is a public benefit corporation in the US that works with primary care physicians, health centers and clinics to develop value-based healthcare programs.
For more such updates, subscribe to our #newsletter and follow us on Beej Network! If you want to diversify your portfolio by #investing in innovative Indian Startups, you can join us as a member at Beej Network or reach out to us at www.beejnetwork.com or mail us at invest@beejnetwork.com or drop us a call at +91 9500121167. Also, we'd love to have just 1 minute of your time to understand your angel #investingstrategy journey, click here!