FPL Tech raises $10 Mn funding from Sequoia, Matrix & others

10:20:00 PM, Tuesday 18th of August 2020 | in startups

First Principle Labs (FPL) Technologies announced that it has raised $10 Mn in funding from Sequoia India, Matrix Partners India and Hummingbird Ventures. The company, in a press statement, said that it will be utilising the fund to further scale up its engineering and product development teams and customer acquisition. With this latest funding round, the company clocked total funding of $15 Mn till date.