GobbleCube secured $1.9 million in a seed funding round led by Kae Capital to strengthen its product engineering capabilities and focus on its go-to-market strategy.
Mar 15, 2024•over 1 year ago
Amount Raised
$1.9 Million
Round Type
seed
Investors
CrvKae Capital
Description
GobbleCube, cofounded by former executives of quick-commerce firm Blinkit, has secured $1.9 million in a seed funding round led by early-stage venture capital firm Kae Capital. The round also witnessed participation from US-based consumer fund CRV, and other angel investors. With the capital infusion, the Gurugram-based startup aims to strengthen its product engineering capabilities and focus on its go-to-market strategy, initially targeting India, Southeast Asia, and the US.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers