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Fetcch, Medial gain seed investment for groundbreaking Web3, social media.

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TLDR:

Fintech company Upswing, web3 startup Fetcch, social media application Medial, and healthcare startup RenalProject have all recently raised early-stage funding. Upswing secured $4.2 million in a pre-Series A round led by Quona Capital, while Fetcch raised $1.5 million in a pre-seed funding round co-led by AppWorks Venture and Hashkey Capital. Medial raised around $120,000 in a pre-seed funding round led by FirstCheque VC, and RenalProject secured an undisclosed amount in a pre-seed funding round led by JITO Angel Network.

Key Points:

  • Fintech platform Upswing has raised $4.2 million in a pre-Series A round led by Quona Capital. The funding will be used for expanding the reach of its multi-bank deposit product and launching new products.
  • Web3 startup Fetcch raised $1.5 million in a pre-seed funding round co-led by AppWorks Venture and Hashkey Capital. The startup provides infrastructure for digital payments and rewards platforms in the Web3 payments ecosystem.
  • Social media application Medial raised around $120,000 in a pre-seed funding round led by FirstCheque VC. The funding will be used for product development, user acquisition, and testing of core application features.
  • Healthcare startup RenalProject has secured an undisclosed amount in a pre-seed funding round led by JITO Angel Network. The funds will be used to expand its technological stack and implement pipeline projects to improve the availability and delivery of dialysis therapy.

Context:

These four startups have successfully raised early-stage funding to support their growth and development. Upswing aims to expand its digital financial services offerings, Fetcch plans to develop and expand in the Web3 sector, Medial aims to become a platform for professionals in tech, product, and design, and RenalProject seeks to improve dialysis therapy in tier-II and III cities in India. These investments highlight the continued interest in fintech, web3, and healthcare startups.

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