Beej Daily Updates (27-06-2023)
Beej Network
Making a difference in the Angel Ecosystem leading to legendary possibilities.
BluJ Aero secures $2.25 million in funding round
Aviation startup BluJ Aero has raised $2.25 million in a seed funding round to develop a vertical take-off and landing (VTOL) aircraft powered by hydrogen fuel cell technology. The company's first equity-funding will help the Hyderabad-based startup to accelerate the development of its first commercial product - a fully autonomous cargo e-VTOL aircraft, with a payload of over 100 kg, and long-range capability.
Hyderabad-based Karma Primary Healthcare Raises Undisclosed Funding
Karma Primary Healthcare, a Hyderabad-based healthtech startup, has raised an undisclosed amount in a Series A funding round. As per the startup, the freshly raised funds will be used for product development, developing referral programs and adding new revenue streams.
Metaverse-based Gaming Platform AvatarLife Raises $1.5 Mn Funding
AvatarLife, a metaverse-based gaming firm, has raised $1.5 million (Rs 12.3 crore) in a seed funding round. The AvatarLife virtual world, the firm’s first platform, currently offers 25 games across 3 operators and has a community of 5000 members. As per the startup, the freshly raised funds will be used for product development, community building and hiring talent.
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