makeO, a provider of clear aligner and cosmetic dermatology solutions, has raised $16 million (Rs 135 crore) in a round led by 360 ONE Asset and the investment office of prominent public markets investor, Ashish Kacholia. In another deal, PierSight, a satellite-based surveillance provider for the maritime industry, has raised $6 million in seed funding.
makeO raises $16m co-led by 360 ONE Asset
makeO, a provider of clear aligner and cosmetic dermatology solutions, has raised $16 million (Rs 135 crore) in a round led by 360 ONE Asset and the investment office of prominent public markets investor, Ashish Kacholia.
Existing investors Eight Roads Ventures, South Korea-based Paramark Ventures, and the family office of Medlife’s co-founders – Prashant Singh and Tushar Kumar, also participated in the round, the startup said in a statement.
The fresh capital will support the company’s plans to expand its geographic footprint and scale its experience centres.
makeO claims to have served over 150,000 customers across its portfolio of offerings, which in addition to clear aligners and laser hair reduction, also includes acne removal, anti-ageing, teeth whitening and dental hygiene products.
PierSight raises $6m led by Alpha Wave, Elevation
PierSight, a satellite-based surveillance provider for the maritime industry, has raised $6 million in seed funding round co-led by Alpha Wave Ventures and Elevation Capital with participation from existing investor Techstars.
The funding will be used for the procurement and testing of critical hardware, the design and launch of demo and operational satellites, and to expand the company’s team, the startup said in a statement.
PierSight technology claims to provide unparalleled 30-minute interval monitoring capabilities to shipping, insurance, defense, coastguard, oil & gas, and other organisations that rely on maritime intelligence.