Log analytics firm Parseable on Tuesday said it has raised $2.5 million in a seed funding round led by Surge and NP-Hard Ventures. Agritech startups Cornext, which is building a fodder ecosystem to support dairy cattle farmers, and Superplum, which sells premium fruits, also raised funds.
Parseable snags funding from Surge, NP-Hard Ventures
Log analytics firm Parseable on Tuesday said it has raised $2.5 million in a seed funding round led by Surge and NP-Hard Ventures.
The investment is set to fuel Parseable‘s mission to innovate in handling the surging volumes of log data generated by modern digital businesses.
Parseable uses open formats such as Apache Parquet and Apache Arrow which are crucial for breaking down the silos of data that typically exist within organisations. By adopting these open standards, Parseable ensures log data is not just accessible but also interoperable, making it easier to integrate with other tools and systems.
Nitish Tiwari, founder of Parseable, said, “Every company I spoke to was frustrated about the cost and complexity of log analytics while also looking to find new ways to extract insights from their data. We see a foundational shift of moving away from siloed data infrastructure.”
Cornext raises $2.2m seed funding from Omnivore
Cornext, which is building a fodder ecosystem to support dairy cattle farmers, has raised $2.2 million in a seed round from Omnivore.
The startup is solving the fodder deficit through its patented silage baling technology. Silage is a preservation technique where nutrient-rich green fodder is cut fresh, chaffed, and tightly packed, allowing it to be used year-round without spoilage.
Jinesh Shah, Managing Partner at Omnivore, said, “Cornext is solving one of the most chronic problems in Indian agriculture – affordable cattle nutrition. India’s milk productivity is one of the lowest in the world, mainly due to fodder shortage.”
Superplum raises $15m Series A round led by Erik Ragatz
Agritech startup Superplum has raised $15 million in a Series A funding round led by Erik Ragatz, former partner and current senior advisor of private equity firm Hellman & Friedman.
Other investors in the firm include Mark Siegel, Dan Rose, Steve Jurvetson, Rick Kimball, Binny Bansal, and Kabir Misra.
The firm plans to use the funds to accelerate its journey to transform produce supply chains in India.
Superplum has built out a direct-from-farm produce supply chain, using proprietary technology and cold-chain infrastructure to improve how produce is grown and brought to market in India. It offers premium produce including mangoes, lychees, apples, grapes, cherries, and plums among a growing list of products.
