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| 02 August, 2026, 08:17 AM IST | Today's ePaper

Funding

Amazon completes $50 billion OpenAI investment as ChatGPT maker nears IPO

The investment completes one of the biggest funding deals in the artificial intelligence (AI) sector, giving Amazon a roughly 5% stake in OpenAI ahead of the ChatGPT maker's planned public listing, the Financial Times reported.

ETtech Deals Digest: Udaan, Yotta drive July tech funding to $886 million, up 17% on-year

Indian tech and startup funding saw a significant drop in July. Total funding reached $886.4 million across 82 investment rounds. Late-stage deals represented the majority of capital raised during the month. Key investors like Inflection Point Ventures and Rainmatter were actively involved. Funding activity slowed considerably in the final week of July.

Arboreal Bioinnovations raises Rs 230 crore led by Edelweiss’s EAAA, Omnivore

Specialty food ingredient startup Arboreal Bioinnovations has raised Rs 230 crore in a Series A funding round. This capital will fuel manufacturing expansion and research and development efforts. The company's revenue more than tripled in FY25, showing significant business growth. Arboreal's ingredient portfolio has supported over 300 product launches across many brands. This funding highlights growing investor interest in food ingredient and nutrition technology startups.

Sid’s Farm raises $8.4 million to expand into new markets

Sid's Farm, a direct-to-consumer dairy brand, has raised over $8.4 million in new funding. This capital will strengthen its supply chain and expand manufacturing and distribution capabilities. The company focuses on quality and safety, testing milk extensively daily. Sid's Farm partners with over five thousand dairy farmers for better milk quality. This investment reflects growing consumer demand for premium and safer food products.

Building materials quick commerce startup Fixxly raises $5.5 million from Accel, Lightspeed, Fireside

Fixxly plans to use the capital to build its technology platform, hire employees, and expand operations. It will begin operations in Bengaluru in September, with Hyderabad and Mumbai among the cities it plans to enter subsequently.

Atomberg backer Inflexor raises Rs 400 crore, sets Rs 1,250 crore target for third fund

The second fund raised more than Rs 600 crore in 2021. Last year, a Rs 350-crore Opportunities Fund bought the first fund’s portfolio, allowing existing investors to cash out. Inflexor manages Rs 1,300 crore across its funds and has backed 27 companies.

Deepinder Goyal's Temple eyes $500 million valuation as it prices debut wearable device at Rs 80,000

Deepinder Goyal-founded Temple is preparing for its next funding round at a higher valuation. Temple raised $54 million in February at a $190 million valuation from Peak XV Partners, Steadview Capital, Dharana Capital, Info Edge Ventures and more than 80 individual investors.

Elon Musk's Boring Company seeks funding at $20 billion valuation: WSJ

The Boring Company was valued at $5.7 billion in 2022 after a $675-million fundraising exercise. Musk, whose ⁠business interests include Tesla, SpaceX and Neuralink, founded the company to develop tunneling technology and transport systems to carry passenger pods through underground, low-pressure tubes between cities.

ETtech Deals Digest: Veriqus, Raghu Vamsi, Neo Group lead weekly funding at $170 million

Early-stage rounds accounted for 50.1% of the capital raised during the week, while late-stage deals made up 45%. Seed-stage startups contributed 4.9% of the funding. July funding so far stood at about $820 million, compared with $1.91 billion in June.

Travis Kalanick’s Atoms secures $1.7 billion from a16z, Uber, others to expand into industrial AI

Atoms, Travis Kalanick's robotics firm, has secured $1.7 billion in funding. This investment, led by Andreessen Horowitz, will fuel industrial AI development. The company focuses on automation for mining, transport, and food production sectors. Atoms also acquired self-driving startup Pronto to enhance its capabilities. This funding supports Atoms' next phase of growth and expansion.

Funding FAQ questions

What are the main sources of funding for startups?
When a startup is moving from an idea to execution stage a startup can tap into the network of angel investors, family offices, and high net worth individuals from their personal network.

Equity funding is the most common source of funding for startups. Startups give shares of their companies at a predetermined value in exchange of capital. Several venture capital funds exist to meet the capital and strategic needs of a startup at different stages of its growth.

Debt financing has also gained popularity in India. A company can raise venture debt from institutions once its raised venture capital. Private equity and hedge funds also enter the mix at the growth stage of a company to provide capital. Increasingly, companies, VCs and individuals have launched accelerator and incubation programmes that provide seed money to startups. Strategic and corporate veggies funds also invest into startups at early and growth stages

What is A, B & C series funding & how does it work?
Traditionally a startup raises a series A round when it has discovered an addressable market and somewhat proven that they can execute the idea in that market. It is often the stage when a company begins to develop its monetisation model and long-term growth plan. It is also the first round that a startup may get an institutional buy-in. In India early stage VCs include the likes of Sequoia Capital, Matrix Partners India, Lightspeed, and Elevation Capital.

A Series B round is raised by a startup to take its growth to the next level internally as well as to create product awareness. The round is typically used by startups to acquire premium talent and prepare internally to meet the growing demand of its product and fine-tune its product market fit. Series C onwards, the company raises funds to capture a bigger pie of the market, aggressively grow its user base. Strategic investors and growth stage funds like SoftBank Corp, Tiger Global Management and Temasek may come in at this stage.

Funding

Transforming India

Funding FAQ questions