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Biotech startup Sensome gets in $5.4M in funding

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 »

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fintech startup Liquidity Marketplace LMX raises US$1M from Singapore’s startup Startup-O

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 »

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PerfectStay Raises $17 Million for Distribution Tech

PerfectStay, a Paris-based travel distribution technology company, has raised $17.6 million (€15 million), which is the company’s total raised to date. Felix Capital and Partech led the round. The Paris-based travel startup said they’d  already achieved a turnover of €13.4 million in 2017, its first commercial year. This turnover has already been doubled by the… Read More »

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Report: Women-Owned Startups Deliver Twice as Much Per Dollar Invested as Those Founded by Men

According to a new report by The Boston Consulting Group (BCG) and MassChallenge, a global network of startup accelerators, women-owned companies receive far less in startup financing than companies founded by men. Yet startups founded and cofounded by women actually perform better in terms of the revenue they generate. An article that describes the research,… Read More »

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Scooter Startup Lime reportedly raising $250 million

Lime, the bike and scooter sharing company, is raising about $250 million in a funding round led by Google Ventures, according to a person familiar with the deal Existing backers such as Coatue Management and Andreessen Horowitz are expected to chip in as well. The final value of the round could reportedly change since the deal has… Read More »

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Singapore Startup Secures $12.3 Bln in Assets on Blockchain Platform

Singapore-based crypto-finance start-up FUSION has secured $12.3 billion in financial assets from three strategic partners that have committed to lock in those funds with the organization’s public blockchain platform Reuters reported June 1. The secured funds come from FormulA, Carnex, and KuaiLaiCai, three companies operating in asset management, car financing, and restaurant supply chain management,… Read More »

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Lending startup CoinTribe raises $10 million Series B round

CoinTribe, a credit-based lending marketplace for small and medium enterprises (SMEs), has raised over $10 million (Rs 67 crore) in a Series B funding round led by India-centric mid-market private equity firm Sabre Partners, a company statement said. Existing investor Puneet Dalmia, who is known for his investments in startups like LocalCircles, Buildzar, and JetSetGo… Read More »

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