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Skyroot Aerospace raises $11 million, intends to raise $40 million in 3 years "We intend to raise $40 million more to fund our aggressive growth plans over the next few years," Naga Bharath Daka, Co-Founder and COO of Skyroot, said PTI | May 20, 2021 | Updated 12:59 IST Skyroot Aerospace, which is into building privatespace launch vehicles, on Thursday said it raised $11 million Series A funding from investors led by Greenko Group founders Anil Chalamalasetty and Mahesh Kolli. According to a ...

By Venkatachari Jagannathan

Hyd startup Skyroot raises $11 Mn Series A funding; Looks at $ 40 Mn more Hyderabad, May 20: Skyroot Aerospace, whichis into building privatespace launch vehicles,on Thursday said it raised USD 11 million Series A funding from investors led by Greenko Group founders Anil Chalamalasetty and Mahesh Kolli. According to a press release issued by the city-based startup, the funding also saw participation from public listed entity Solar Group, a major Space and Defence supplier, Former-Whatsapp CBO N...

AlleyWatch As we close out spring in the city and summer approaches, New Yorkers will be largely reliant on window air conditioners to get through the hot, blistering days in their apartments.  75% of the buildings in NYC’s five boroughs were constructed before 1960 and central air systems in buildings became more prevalent in the latter portion of the 1960s. Even in cases where a building is refurbished, many developers opt to avoid the immense cost of retrofitting central systems due to im...

New Kenyan Schooling Platform Takes World By Storm Kidato Founder Sam Gichuru. File Kenyan serial entrepreneur, Sam Gichuru, has secured a Ksh 151 million funding for his revolutionary schooling platform (dubbed Kidato). Unknown to many, as recently as June 2020, the budding businessman only had Ksh 1,500 to his name, and one game-changing idea revolving around a new & different type of school.  Driven by a need to solve the various challenges facing the current education model in Kenya, and...

Kidato, an online class for K-12 students in Africa, has announced that it has closed its Ksh. 151,004,000 ($1.4 million) seed investment.

YC-backed Kidato raises $1.4M seed to scale its online school for K-12 students in Africa In public schools across Africa, classrooms are often overcrowded and this affects how teachers and students interact. The large classroom creates too much work for teachers leaving students’ individual problems unattended. Private schools are modeled to fix these issues, but they can be expensive for the average African middle-class professional with kids. Kidato, an online school for K-12 students in A...

1) Healthtech startup TIBU closes new round TIBU, a Kenya-based digital platform that decentralises primary outpatient care to bring it directly to patients, has announced closing a seed funding round. Founded in 2016, the new raiser is expected to help it scale its operations, and was led by Blue Haven Initiative and Kepple Africa Ventures. Although, the startup idea has been around for over 5 years, the team did not launch until 2020. One year after launch, TIBU is an on-demand platform that ...

Announcing the Early Stage Pitch-Off judges TechCrunch Early Stage is coming around the corner fast, April 1 and 2. You still have a chance to pitch your startup on the famous TC stage to an amazing lineup of judges. On April 2, TechCrunch will feature 10 top startups across the globe at the Early Stage Pitch-Off. Companies will garner the attention of press and investors worldwide. Founders — apply here by March 9. The pitch-off will consist of a five-minute presentation followed by a Q&A wi...

Founded last year, the start-up plans to enter Saudi Arabia and Jordan by 2022