Investment Notes: Medoo
AfterWork Ventures explains why it led coaching-software startup Medoo's pre-seed round, profiling its two founders' operating backgrounds and arguing workplace trends will drive adoption of coaching tools.
Venture capital fund · 6 deals
Singapore
Every published round Qualgro took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
Companies Qualgro has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Curious Thing | 5 Feb 2019, Seed | 2 | 1 | |
| 90 Seconds | 26 Feb 2019, Series B | 1 | 0 | |
| Brighte | 9 Oct 2019, Series C | 2 | 0 | |
| Data Republic | 11 Dec 2018, Series B | 1 | 0 |
Fund closes reported for Qualgro, as distinct from the investments it has made.
Companies Qualgro has backed that another company then bought. An exit for the holding, not a deal Qualgro did.
Stories naming Qualgro. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
AfterWork Ventures explains why it led coaching-software startup Medoo's pre-seed round, profiling its two founders' operating backgrounds and arguing workplace trends will drive adoption of coaching tools.
Voice AI company Curious Thing has secured $7 million in a pre-Series A round led by Hawkstone, with Blacksheep Capital, January Capital and returning backers Reinventure and Qualgro, to fund hiring and expansion.
Also TechCrunch Venture
Data exchange startup Data Republic has entered voluntary administration after seven years, with McGrathNicol appointed and a sale or recapitalisation to be explored despite earlier large raises.
Also Startup Daily
Energy and fintech firm Brighte has raised $100 million from existing backers, led by Grok Ventures, and is moving into retail energy with a new model combining generation and retail.
Also RenewEconomy·Startup Daily·Australian FinTech·Startup Daily·SmartCompany·Fintech News Australia
Brighte has raised $15.5 million in Series C funding led by AirTree Ventures, with backing from the Atlassian co-founders' funds, Naomi Milgrom and Qualgro, and will expand its financing platform into home improvement.
Also Australian FinTech
Cashback platform ShopBack has raised US$45 million from EV Growth, Ebates and Qualgro, taking total funding to US$83 million, with two investors joining its board after strong Asia-Pacific growth.
Video creation platform 90 Seconds closed a US$20 million Series B from SIG, Airtree Ventures, Sequoia India, Qualgro, Atami Capital and Right Click Capital to scale automation and its creator network.
Also Startup Daily
Video production platform 90 Seconds has closed a US$20 million Series B backed by AirTree, Sequoia India, Qualgro and Right Click Capital, with funds earmarked for growing its creator network and platform automation.
Also cph-ink.dk
A Sydney conversational AI startup built for automated job interviews has raised seed capital from two investors to grow its team and product; a competitor's earlier backing is also recalled.
Reinventure's blog post says the fund and Singaporean investor Qualgro together backed Sydney conversational-AI startup Curious Thing with $1.5 million at seed stage.