13/02 – Weekly Investment & Fundraising News
Uber Alumni Startup Hatica Raises US$3.7M to Boost Developer Productivity and Well-being Using Engineering Analytics
Engineering analytics platform Hatica announced US$3.7 million in seed funding led by Surge, Sequoia Capital India and Southeast Asia’s rapid scale-up program. The round included participation from existing investor Kae Capital and from engineering leaders from Google, Uber, Twitter, Okta and Notion as angel investors. The SaaS platform has grown explosively in two years, helping over 20,000 engineering leaders and developers drive productivity and improve the developer experience.
Danish Neobank Lunar Raises $38 Million
Danish neobank, Lunar, has raised €35 million to invest in and develop the business in order to continue Nordic expansion and expedite its path to profitability. A press release from the bank states that the “vast majority” of existing shareholders contributed to the raise. Lunar’s last raise of 212 million DKK (approx. €28 million) in August 2022 came alongside a +500% increase in…