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Melinda Gates backs startup fund run by women

Aspect Ventures, a venture capital fund set up by women, said it has won the backing of Melinda Gates, the wife of Microsoft founder and billionaire philanthropist, Bill Gates. Aspect Ventures – set up in 2014 by venture capitalists Theresia Gouw and Jennifer Fonstad – said late Tuesday that Gates was one of “several high-profile… Read More »

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Israeli Startup Raises Close to $5M

Israeli cybersecurity startup Cylus has raised a $4.7 million seed round to develop its platform for providing cybersecurity services to railway and metro systems. The funding came from Magma Venture Partners, Vertex Ventures, SBI Group and Zohar Zisapel. Israeli cybersecurity startup Cylus has raised a $4.7 million seed round to develop its platform for providing… Read More »

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Big Data startup Unravel gets $15 mn in Series B funding

Silicon Valley-based Big Data startup Unravel Data, which provides an application performance management platform, has secured $15 million  in a Series B funding round by GGV Capital. Microsoft Ventures and Menlo Ventures also participated in the funding round, Unravel Data said in a statement. The latest round takes the total funds raised by the firm,… Read More »

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Malaysian startup StoreHub lands $5.1 mln Series A

StoreHub, a Malaysian startup that helps retailers digitize their businesses, has raised $5.1 million in Series A funding round led by Vertex Venture. In addition to Vertex Ventures, which is part of the sovereign group of Singapore Temasek, Cradle Seed Ventures of Malaysia, Accord Ventures and Fintonia Group also participated in the financing round. The… Read More »

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British online publishing company buys Las Vegas startup Tech.co

A British online publishing company has bought a Downtown Project-funded Las Vegas startup Tech.co. Tech.Co, known for its networking events, is now part of MVF, based in London, the companies said in statements earlier this month. Terms of the acquisition were not disclosed. “Tech.Co is not finished,” Tech.Co co-founder Frank Gruber wrote online. “This amazing… Read More »

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SoFi Buys Teams From Mortgage Startup Clara

Social Finance Inc. has acquired the engineering and product teams of mortgage startup Clara Lending, bolstering the financial technology company’s offerings beyond student-loan refinancing, according to people familiar with the matter. Anthony Noto, who has served as Twitter’s COO since 2014 will now become was Twitter’s Become SoFi CEO. In just over six years, SoFi… Read More »

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Ford Acquires Two More Startups In Mobility Push

Ford Motor is acquiring two software startups and restructuring its two-year-old transportation subsidiary, Ford Smart Mobility, as it continues a strategy to expand beyond its traditional business of making and selling cars. The giant car manufacturer purchased Autonomic and TransLoc, and conducted a major reshuffling of its mobility-services group. Autonomic is a cloud-services startup that… Read More »

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Malmö-based startup Flow Neuroscience raises $1,1 million

Malmö-based Flow Neuroscience has developed a head-mounted wearable and an app to help treat depression without antidepressants. The Swedish health tech startup has now announced a $1,1 million seed investment led by Khosla Ventures, with SOSV – an earlier investor that backed the HAX accelerator that Flow just completed – and angel investor Daniel Andersson… Read More »

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Remote patient monitoring startup LindaCare raises $8.6M

Remote patient monitoring company LindaCare announced on Friday that they landed $8.6 million (€7 million) in Series B funding with participation by Philips, PMV, Capricorn ICT Arkiv, and Connecticut Innovations.  “This investment is a significant step for us, as it enables LindaCare to execute faster on our ambitious vision and strategy, and to take a… Read More »

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