The AlleyWatch Startup Daily Funding Report: 5/1/2024
Briefly

BAXUS raised $5M in Seed funding led by Multicoin Capital for its Web-3 marketplace for wine and spirits. FindMine secured $8.9M in Series A funding from Grayhawk Capital, an AI-powered platform for fashion ecommerce.
Arbol, a parametric insurance platform, raised $60M in Series B funding led by Opera Tech Ventures and Giant Ventures. Trovo Health received $15M in Seed funding for its AI-powered medical assistant.
FindMine, founded in 2016, has raised a total of $10.7M. Arbol, established in 2018, has accumulated $69M in reported equity funding.
Trovo Health, founded by Aditya Pandyaram and Niren Gandra in 2024, obtained $15M in Seed funding led by Oak HC/FT for their AI-powered medical assistant.
Read at Alleywatch
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