Peer-to-peer (P2P) lending platform Funding Circle has raised £82 million ($100 million) in an equity funding round led by Accel, with participation from existing investors, including Union Square Ventures, Baillie Gifford, Index Ventures, DST Global, Ribbit Capital, Rocket Internet, Sands Capital Ventures, and Temasek. Founded out of the U.K. in 2010, Funding Circle connects small firms seeking capital… Read More »
Barcelona-based social advertising company Adsmurai has received €4 million in a second round of funding led by venture capital firm Axon Partners Group, with participation from Banc Sabadell, through its program BStartup10, and Enisa, a Spanish government-funded financing group. Launched in 2014 by Marc Elena, Otto Wüst and Juan Antonio Robles, Adsmurai specializes in generating… Read More »
In an effort to increase exposure of African startups to global investors and resources, Africa Startup Ecosystem announced the launch of the first digital accelerator for the region. The accelerator program begins with a full startup development boot camp covering ideation, product development, marketing, customer acquisition and funding. The boot camp is followed by workshop… Read More »
Through its Korean tech giant Samsung Electronics has launched a $150 million global venture capital fund via its US-based incubation and acceleration unit Samsung Next, formerly branded as Samsung Global Innovation Center. With an aim to increase Samsung’s global support to early stage startups pursuing advanced software and service related sectors, Samsung NEXT Fund will… Read More »
Apple has confirmed plans to invest in SoftBank’s massive $100 billion Vision Fund, joining a host of tech giants including Foxconn Technology Group Ltd. and the family office of Oracle Corp who are also interested in the fund. The fund, a joint effort between SoftBank and the government of Saudi Arabia’s Public Investment Fund (PIF),… Read More »
Nokia is already a major player in the automotive industry providing location intelligence for connected vehicles through HERE. The NGP fund, working closely with HERE, will seek to make investments that also support the growth of the ecosystem around HERE’s mapping and location products and services. Nokia today announced plans to acquire Deepfield, the… Read More »
Android phone physical keyboard Kolkata-based healthtech startup Tiyo, which was launched in May 2015 by Ranna Dutta, Sandip Bodak and Sunil Mishra, has raised $120,000 of angel funding, after being bootstrapped for almost a year. The round was led by veteran entrepreneurs from Middle East- Anish K and Ajith Nair, CEO iAdepto Global, Rana Dutta,… Read More »
On Monday, Autofill technology creator Fillr announced a $5 million Series A fundraising round from a consortium of international investors including SoftBank China Capital, Southern Cross Venture Partners and Reinventure. SoftBank China, the single largest investor in e-commerce giant Alibaba, joined forces with current investors, Constant Innovation, the early stage venture fund launched by the… Read More »
Periscope Data, the industry’s first data analysis platform designed specifically for data scientists, announced today it has secured $25 million in Series B funding. Bessemer Venture Partners led the round, with participation from existing investors including Draper Fisher Jurvetson, Susa Ventures, Innovation Endeavors, and AngelPad. Ethan Kurzweil, partner at BVP, will join the company’s board… Read More »
The Ludgate Hub in Skibbereen has released €450,000 in capital for start-ups, with the opportunity to meet the investment team on 11 November. Start-ups looking to scale, attract talent or develop products are welcomed to apply for The Ludgate Hub’s latest funding drive. Selected companies for the fund will locate in Skibbereen, where the Ludgate… Read More »
