Roblox has closed its $150m Series G funding round, attracting new investors such as Andreessen Horowitz, Tencent and Temasek.

On Wednesday (26 February), San Mateo gaming business Roblox announced that it has raised $150m in Series G funding, bringing the company’s valuation up to $4bn.

With the latest round of funding, Roblox plans to “fuel the company’s long-term mission to define a new category of human co-experience”.

Temasek and Tencent Holdings Limited have joined Andreessen Horowitz as new investors in the round, while existing investors Altos Ventures, Meritech Capital and Tiger Global Management returned.

Andreessen Horowitz general partner David George added: “We are big believers in Roblox’s long-term vision, and are confident in backing the team as they enter the next inflection point. | To read full story, visit https://startuparound.com/read/1582813807.154517/Andreessen-Horowitz-backs-Roblox-as-valuation-reaches-$4bn?ref=audio_experience

With this, stakeholders in the Indian electric vehicles (EV) market saw a solution to the battery problems.

But the real question is if the reserve will be enough to meet the demands Indian EV market?

Dive Into EV Ecosystem With Inc42’s Reading ListGround Reality: The Math Behind India’s Electric Vehicle Charging InfrastructureRange anxiety?

Electric vehicle charging players are tackling a much bigger problem — charge anxiety.

While this has impacted the private use of electric vehicles in a positive manner, when it comes to commercial electric vehicles, India is a largely untapped market. | To read full story, visit https://startuparound.com/read/1582812009.220615/Electric-Vehicles-This-Week:-India’s-Lithium-Reserve,-Uber's-Fleet-&-More?ref=audio_experience

Here’s how you can get started:What happens without a client onboarding?

As you can see, the main danger of not having proper client onboarding is chaos.

You can always do more to make your client onboarding better.

Make sure that you can adjust your basic client onboarding plan to meet those needs and make your new customer feel comfortable from the get-go.

We hope this input gave you some ideas about client onboarding and how to build a plan that works for you and your customers. | To read full story, visit https://startuparound.com/read/1582810205.9013405/Client-Onboarding:-Mandatory-Steps-After-Signing-a-Contract?ref=audio_experience

0 Shares EmailFacebookTwitterLinkedInLike our yellow stripey friends, the bees, seed funding rounds are small and numerous.

A $500,000 seed round would be in the “$0 to $500,000” category, whereas a $500,001 seed round would belong in the “$500,000 to $1,000,000” bucket.)

More recent seed rounds, as a population, are bigger than seed rounds raised by a previous generation of startups.

This is not to say that the shift toward bigger seed rounds, as of late, isn’t real.

That being said, it’s still a safe bet to say that, on the whole, seed rounds got bigger. | To read full story, visit https://startuparound.com/read/1582808405.8289065/It’s-Not-Just-You,-Seed-Rounds-Are-Actually-Getting-Bigger?ref=audio_experience

NeuroVasc Technologies, Inc., an Irvine, Calif.-based developer of novel catheter-based technologies, raised $34m in funding.

The funding has been applied initially towards supporting clinical trials for the company’s novel stent-retriever, designed to treat patients suffering an acute ischemic stroke, in all major markets including Japan, EU, US, and China.

With a focus on novel catheter-based technologies to treat neurovascular disease, NeuroVasc has developed a comprehensive portfolio development strategy to bring differentiated tools to the INR community to facilitate broader treatment options for patients suffering stroke and other neurovascular diseases.

The strategic partnership marks a major step forward for NeuroVasc Technologies in bringing a full neurovascular platform to market.

The company’s portfolio of devices is aimed to help neurointerventional physicians more efficiently and effectively treat neurovascular disease. | To read full story, visit https://startuparound.com/read/1582806608.1048236/NeuroVasc-Secures-$34M-in-Funding?ref=audio_experience

He will, however, continue to be a promoter shareholder in Ant Farm and its downstream companies.

Cofounder Upen Roop Rai will lead Ant Farm.

According to the company statement, the move is a planned one so that he can focus on his startup in the HRtech space.

“I founded Ant Farm back in 2013 when India had just seen a disruption in the startup space.

Some of the startups operating in the HRtech space include Darwinbox, Shortlist, Salaryfits, DoSelect, Talview, Scriptifi, Talview and more. | To read full story, visit https://startuparound.com/read/1582804806.0225403/Ant-Farm-Founder-Rishi-Khiani-Steps-Down-To-Build-HRtech-Startup?ref=audio_experience

Cioplenu, an Augsburg-based startup that is building what it dubs an “operating system” for the production floor, has raised €4.2M in seed financing.

Billed as a SaaS for “deskless” workers, Cioplenu aims to digitize an array of production floor processes like maintenance, on-boarding, assembly, and inspection.

“If you walk into a typical industrial company today you will find 10 meters of cabinets full of folders with paper protocols, documents, instructions etc.,” explains Cioplenu co-founder and CEO Benjamin Brockmann.

To help solve this, Brockmann says Cioplenu is building an intuitive “operating system” for the production floor that acts as an all-in-one platform for maintenance, inspection, work assembly, and other processes.

For example, a quality manager might use the software for documentation by completing the respective protocol checklists digitally while walking across the production floor with a tablet. | To read full story, visit https://startuparound.com/read/1582803238.1425278/Cioplenu,-the-SaaS-for-‘deskless’-workers-on-the-production-floor,-raises-€4.2M-seed-–-TechCrunch?ref=audio_experience

Bengaluru-based MinionLabs raises an undisclosed amount from Indian Angel Network.

The funding round was led by prominent IAN investors Kaushik Rajan of Kochi Holding Private Limited and R. Mohan Kumaramangalam.

According to a statement released by the investment firm, the startup will use the funds to boost its production, drive sales and expand its geographical footprint.

MinionLabs specialises in providing real-time insights into the energy consumption of electric appliances through Minion, the world’s smallest energy monitoring device.

Energy conservation is one such challenge and MinionLabs is one such startup. | To read full story, visit https://startuparound.com/read/1582801206.319531/[Funding-alert]-Indian-Angel-Network-invests-in-Bengaluru-based-startup-MinionLabs?ref=audio_experience

London, UK-based venture capital firm Balderton Capital has recruited Fiona Blakemore (née Smart) as its new Chief Financial Officer and Head of Portfolio Financial Services.

She will lead on all financial activities and work closely with portfolio companies, providing support as part of Balderton’s platform services team.

Balderton’s Build platform provides talent, marketing, finance and legal services to support companies as they scale.

Blakemore joins with over 20 years of experience working with asset management and venture capital companies, including six years at PwC and 16 years with Man Group, one of the world’s largest listed alternative asset managers.

Blakemore studied Engineering, Economics and Management at the University of Oxford and is a qualified Chartered Accountant. | To read full story, visit https://startuparound.com/read/1582799407.6856375/Balderton-Capital-Hires-Fiona-Blakemore-as-CFO-and-Head-of-Portfolio-Financial-Services?ref=audio_experience

Cytracom, a Dallas, TX-based provider of cloud-based voice and messaging solutions built exclusively for Managed Service Providers (MSPs), received a majority investment from Sverica Capital Management.

In conjunction with it, Frank Young, General Partner at Sverica, along with Michael Dougherty, Vice President at Sverica, will join Cytracom’s board of directors.

Today, more than two thousand managed service providers (MSPs) across North America partner with Cytracom.

Cytracom plans to accelerate growthLed by Zane Conkle, co-founder and CEO, Cytracom provides a voice and messaging platform built on cloud-based technology tailored to small business needs.

New purpose-built integrations, features and offerings planned for MSPs in 2020 will further simplify delivery of the service to their customers. | To read full story, visit https://startuparound.com/read/1582797609.657478/Cytracom-Receives-Investment-from-Sverica-Capital-Management?ref=audio_experience