Week In Review - Startup World #49 - 11.04.2021

EuropeClouds Team
News
April 11, 2021

The Israeli startup which received the FDA’s approval

After receiving permissions from regulation bodies from both Israel and Europe, MyHomeDoc has received the FDA’s approval, which will allow it to expand to more markets globally. Using smartphones, the company’s product can testify signs for needed initial medical care. The diagnosis can be done from anywhere at any time, and as a response to it, the products may send an official prescription from a physician, which is updated in real-time.

Only three years old, and already worths $2.2B

Cred is a fast-growing Indian startup, which has recently raised $215M in a series D round, which was led by Falcon Edge Capital. The startup allows its six million app users to be rewarded for paying their credit bills. Cred was founded in 2018 and its current valuation is $2.2B, four months only after its valuation was $806M at a series C round, in which it raised $81M.

Canva in a new raising round, valued at $15B

Canva, the nine-year-old Sydnie-based startup, is known as one of the leaders of the design market these days. The company has recently raised $71M and is valued at $15M, which makes the cofounders Melanie Perkins (CEO) and Cliff Obrecht (COO) billionaires. The last raising round was led by T. Rowe Price and Dragoneer, and included investors such as Blackbird Ventures and Skip Capital.

Related Posts

Newsletter FranceClouds.com

Thank you! Your submission has been received!

Oops! Something went wrong while submitting the form