Funnel, a Stockholm, Sweden-based provider of a marketing data platform for businesses, raised $47 in Series B funding.

The round was led by Eight Roads Ventures and F-Prime Capital, with participation from existing investors Balderton Capital, Oxx, Zobito and Industrifonden, in addition to Kreos Capital.

The company intends to use the funds to accelerate its plans in the U.S., invest in its teams.

Founded in 2014 by Fredrik Skantze and Per Made, Funnel provides marketers with a platform to automate the real time collection, cleaning, and normalization of online marketing data from multiple stacks to visualize and analyse their online marketing spend.

The company has 140 employyes in Boston and Stockholm. | To read full story, visit https://startuparound.com/read/1579287609.548397/Funnel-Closes-$47M-Series-B-Funding-Round?ref=audio_experience

Vancouver-based online emergency preparedness network ePACT has received $2.5 million growth capital financing from CIBC Innovation Banking.

The startup’s co-founder and CEO Christine Sommers said the growth funding will be leveraged for growth of the company, its team, and product.

Co-founded by Sommers and Kirsten Koppang Telford in 2012, ePACT allows users to build support networks, as well as store and exchange medical information securely.

ePACT raised a $1 million round in 2014 and received a $1 million repayable contribution from the Government of Canada after being selected in the second competitive round of the Western Innovation Initiative (WINN) in 2015.

Its total funding adds up to $9.4 million to date, based on numbers from Crunchbase. | To read full story, visit https://startuparound.com/read/1579285808.4602625/ePACT-receives-$2.5-million-debt-financing-from-CIBC-Innovation-Banking?ref=audio_experience

Switch to the dark mode that's kinder on your eyes at night time.

Switch to the light mode that's kinder on your eyes at day time. | To read full story, visit https://startuparound.com/read/1579284008.7105725/Narayana-Murthy’s-lessons-on-how-to-build-a-business-that-lasts-[Advice-to-Founders]?ref=audio_experience

Meet Harvestr, a software-as-a-service startup that wants to help product managers centralize customer feedback from various places.

For instance, if a user opens a ticket on Zendesk and another user interacts with your support team through an Intercom chat widget, everything ends up in Harvestr.

Once you have everything in the system, Harvestr helps you prioritize tasks that seem more urgent or that are going to have a bigger impact.

Eventually, Harvestr should help you build a strong community of power users around your product.

Harvestr costs $49 per month for 5 seats and $99 per month for 20 seats. | To read full story, visit https://startuparound.com/read/1579282210.406194/Harvestr-gathers-user-feedback-in-one-place-–-TechCrunch?ref=audio_experience

Happy Martin Luther King Jr. weekend everyone,It's only mid-January but already it feels like a lot has happened in cannabis.

I'll be contributing to Cultivated regularly while I'm here and sometimes I'll be taking over for the week, like I am today.

We talked to some of the top VCs investing in cannabis this week and asked them where they were excited to spend their money in 2020.

We also reported on layoffs at CBD and hemp companies Mile High Labs, and GenCanna.

Chart of the weekHere's a look at how much VCs invested in the cannabis industry during the past two years. | To read full story, visit https://startuparound.com/read/1579280524.7890754/CULTIVATED:-Top-VCs-tell-us-where-they're-looking-to-place-their-bets-in-2020,-Mile-High-Labs-and-GenCanna-lay-off-workers,-and-more.?ref=audio_experience

The Berlin-based SaaS platform for digital therapy, Caspar-Health, has successfully raised €5.3 million in a Series A funding round for further growth of its platform.

Thanks to Caspar-Health, medical facilities can offer digital therapeutic care to their patients before, during and after their in-hospital stay, thus sustainably improving the medical success of each treatment.

Caspar-Health, founded in 2016, is a digital therapy platform that meets all the requirements of the German Pension Fund for tele-therapy, as well as being approved by several insurance companies in the areas of rehabilitation, prevention and aftercare.

Lead investor in this financing round is Ananda Impact Ventures, one of Europe’s leading social impact funds, which focuses on entrepreneurial solutions to social problems.

Caspar-Health wants to use the financing to expand its market leadership in Germany in the field of digital therapy, further develop the product and create new care models for hospitals and their patients, plus provide all patients with access to individual, digital therapy. | To read full story, visit https://startuparound.com/read/1579275124.6460583/Caspar-Health-snaps-up-€5-million-to-offer-patients-care-before,-during-and-after-hospital-visits-via-its-app?ref=audio_experience

India's largest and fastest-growing telecom network Reliance Jio posted a net profit of Rs 1,350 crore for the quarter ended December 31, 2019 (Q3 FY20), registering a handsome 62.5 percent growth from a year ago.

Its operational revenues increased 28.3 percent to reach Rs 13,968 crore.

Its average revenue per user – a key metric in telecom business – stood at Rs 128.4.

Reliance Industries Chairman Mukesh Ambani described Jio as "the driver of digital revolution" in the country.

In November, Reliance Jio also went past incumbents Vodafone-Idea (337 million subscribers) and Bharti Airtel (326 million) to become the country's largest telecom operator, according to a TRAI report. | To read full story, visit https://startuparound.com/read/1579273237.3821146/Reliance-Jio-becomes-India's-largest-telecom-network;-posts-62.5-pc-growth-in-profits?ref=audio_experience

MG Motor India has announced that it is planning to showcase a range of future mobility in the upcoming Auto Expo 2020, which will be held between February 7-12.

Besides MG Motor, Auto Expo 2020 will also showcase EV solutions from 18 startups.

In December 2019, MG Motor unveiled its first electric vehicle (EV) for the Indian market, ZS EV.

For this, MG Motor has partnered with cleantech company Fortum Charge to install 50 KW CCS and Chademo DC public fast-charging stations, which are compatible with MG Motor EVs.

In November 2019, MG Motor set up its first charging station in Gurugram, Delhi NCR. | To read full story, visit https://startuparound.com/read/1579267857.7424362/Auto-Expo-2020:-MG-Motor-Plans-To-Reveal-Connected,-Electric-Vehicles?ref=audio_experience

The raise comes as digital ad spending in the U.S. now exceeds that of traditional “offline” channels, according to some reports, and the major technology platforms battle for companies’ marketing dollars.

Founded out of Stockholm in 2013, Funnel connects with more than 500 data sources, from LinkedIn and Mailchimp to Salesforce and Shopify.

For example, Looker, a big data analytics platform owned by Google, is designed to help companies extract meaning from their data.

To get this data into Looker, Funnel automates the collection and mapping process from whatever sources they use.

Ultimately, Funnel is setting out to create what it calls a “single source of truth” for marketing, sales, and commerce data. | To read full story, visit https://startuparound.com/read/1579264245.8508725/Funnel-raises-$47-million-to-automate-data-collection-for-marketers?ref=audio_experience

In fact, when it comes to startups, Madhya Pradesh seems to have gone under the radar.

Powered by a startup-friendly state government, Madhya Pradesh earned its spot as one of the leading startup states in DPIIT’s 2018 state startup ranking.

In October 2019, Madhya Pradesh cabinet had approved the implementation of additional benefits under Madhya Pradesh Startup Policy from April 1, 2020.

Further, Madhya Pradesh also has a set of ecosystem enablers such as eChai Indore, Startup Ignition, and Indore Entrepreneurs Network, among others.

In Madhya Pradesh, the lack of permanent mentors in these spaces has resulted in slower pace of development of startups and innovation. | To read full story, visit https://startuparound.com/read/1579262406.3478527/Madhya-Pradesh-Startups-Succeed-The-Hard-Way-Amid-Funding-And-Mentor-Crunch?ref=audio_experience