Jay Z, Robert Downey Jr, Will Smith and Kevin Durant have added some celebrity glamour to an $11.5 million funding round for insurtech startup Ethos Technologies. The famous names participated through their various investment vehicles in the round, which was led by Sequoia Capital. The new funding will be used to accelerate growth and product… Read More »
On Wednesday, the parenting- support startup announced a $10.5 million Series A round to grow its platform that caters to expecting parents in the workforce. The Series A round, led by VC firm, Greylock Partners, will finance the app’s development and help expand Cleo’s network of prenatal and postpartum experts. “I think employers are seeing… Read More »
Healthtech startup Medici has raised $22 million in series A funding. this was after raising $24 million in funding in November 2016 . The funding was raised by tech investors that included Natie Kirsh of Jetro; Ken Griffin of Citadel; Barry Sternlicht of Starwood Capital; Howard Jenkins of Publix Super Markets; Amit Bhatia of Swordfish; Brett Moody of Moody National;… Read More »
Just weeks ago, electric scooter-sharing startup Bird snagged $150 million in a Series C funding round, giving the startup a $1 billion valuation. That’s on top of the $115 million it raised in March. Now, the company is reportedly raising again and seeking to raise around $200 million in new funding at a $2 billion. This… Read More »
Square, the payments company led by Jack Dorsey, has agreed to pay $2.2 million to settle a class-action lawsuit involving its on-demand food delivery service, Caviar . Today, customers who ordered food from Caviar between January 20, 2012 and August 31, 2015 received a notice of the proposed class-action settlement – this is according to… Read More »
Byton, a Chinese electric car startup, has secured a $500 million Series B funding round to fuel the development of smart, connected cars. Investors in the funding round included state-owned FAW Group bringing in $250 million, Tus-Holdings, and CATL. Byton also made an announcement regarding the opening of a new headquarters in Nanjing, China. The… Read More »
Seattle startup working on a container-based method for deploying IoT apps just got a little more runway to build out that product. Seattle based startup Resin.io that works on a container-based method for deploying IoT apps has raised $5 million round from Soracom, a division of massive Japanese wireless carrier KDDI Corp. Soracom, which makes… Read More »
Sensome, a Paris-based company that makes sensors to identify biological tissues, just landed $5.4 million (4.6 euro) in a funding round led by Kurma Partners. The latest funding is expected to help the startup bring its smart stroke guidewire, the Clotild, to market. “This financing round will enable us to bring Clotild through clinical testing… Read More »
Liquidity Marketplace (LMX), a peer-to-peer marketplace for corporates, banks and non-banking financial institutions looking to source and deploy short-term liquidity, announced today it has raised US$1 million in seed funding, led by Javelin Startup-O Victory Fund, a partnership between Singapore-based online assessment and venture building platform Startup-O and Javelin Wealth Management. LMX added that the round was also… Read More »
Workday, a leading provider of enterprise cloud applications for finance and human resources that was founded in 2005 has acquired Adaptive Insights, a provider of cloud-based business planning and financial modelling tools, for $1.55 billion. The acquisition is notable because Adaptive Insights had filed for an IPO as recently as May 17. Workday itself went… Read More »
