Funding Friday: Foodtech Seems Hottest for Investment & Vernacular Space is Catching Up too
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1) Foodtech space seems hot for investment. After Swiggy’s mega fund raise, shared cloud kitchen platform InnerChef has raised $6.5 million in a pre-Series B round led by Taizo Son’s Mistletoe Inc and Das Capital.
2) The combination of virtual reality and interior designing also caught the investors’ eye. VR-based interior design startup Flipspaces has raised $3.5 million from private equity fund Carpediem Capital.
3) The week witnessed funding in diverse sectors. The biopharmaceutical company focused on developing dermatology products, Vyome Therapeutics has raised $22 million in a fresh round of funding.
4) Vernacular space is not far behind. Content startup Pratilipi is reportedly in talks to raise $15-20 million from new and existing investors, including Omidyar Network and Nexus Venture Partners.
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