Finture Solutions awards multiple startups focused on the greater good

Several Amsterdam-based startups working to make the world a better and more equitable place received €125,000 each in a funding seed round held by Finture Solutions. This competition helps Dutch startups and scale-ups striving to bring positive change to emerging markets and focuses on clean energy, health and AgriTech. The event took place online to encourage social distancing and the following companies were among the winners:

AgriPlace

A global compliance platform, AgriPlace helps farmers and farm groups by digitalising the certification process, helping them achieve compliance with various rules and policies, making it easier to receive the certification needed to move their goods.

Almacena

Trading platform Almacena received new funding through the competition. Focused on coffee and tea producers in Africa, the startup works to improve transparency and empowers farmers by helping them make deals to sell their goods directly to roasters and packers.

ASOBO

Eco-centric startup ASOBO has created a sustainable e-mobility platform that aims to reduce pollution by providing people with access to electric outboard engines. These will replace unreliable and unclean petrol engines in East Africa, helping improve the lives and health of local people.

Inuka Coaching

Aiming to improve employee wellbeing and prevent burnout, Inuka Coaching offers an app that helps gauge how well workers are doing. If necessary, it then connects them with trained coaches for one-on-one sessions designed to boost their resiliency.

Additionally, several other companies recently secured funding:

Fastned raises over €13 million through bonds

Electric vehicle charging startup Fastned, which operates in the Netherlands and the UK, raised more than €13 million by issuing bonds that will mature in 2025. Investors also extended €2.7 million worth of bonds from previous issues. Fastned will use the money to expand its network.

Siilo raises €10.5 million in a series A funding round

Secure medical messaging app Siilo, which helps healthcare professionals communicate and collaborate, raised €10.5 million through a Series A funding round. Led by VC Heal Capital, the round also included participation from EQT Ventures and Philips Health Technology Venture Fund. The company will use the money to improve its product and keep growing.

Two other startups, The Cirqle and PAIX Data Centres, raised €300,000 and €4 million in funding. Further details are forthcoming.

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