Tech


Posts filtered by tags: Recent Funding[x]


 

Yotpo raises $75M for its e-commerce marketing cloud

“Marketing Cloud” has become an increasingly popular concept in the world of marketing technology — used by the likes of Salesforce, Adobe, Oracle and others to describe their digital toolsets for organizations to identify and connect with customers. Now, a startup that is building its own take on the idea aimed specifically at e-commerce companies is announcing some funding after seeing a surge of business in the last few months. Yotpo, which provides a suite of tool to help direct-to-comsumer ...
Tags: Startups, TC, Europe, New York, Enterprise, Advertising Tech, Tel Aviv, Tech, Patagonia, Shopify, Yotpo, Zendesk, Temasek, Marketing Tech, Warner Music Group, Martech


Buildots raises $16M to bring computer vision to construction management

Buildots, a Tel Aviv and London-based startup that is using computer vision to modernize the construction management industry, today announced that it has raised $16 million in total funding. This includes a $3 million seed round that was previously unreported and a $13 million Series A round, both led by TLV Partners. Other investors include Innogy Ventures, Tidhar Construction Group, Ziv Aviram ( co-founder of Mobileye & OrCam) , Magma Ventures head Zvika Limon , serial entreprene...
Tags: Fundings & Exits, Startups, Cloud, Japan, Technology, London, Enterprise, Medicine, Finance, Israel, Tel Aviv, Tech, United Kingdom, Agriculture, Cyber, Poland


Mirror competitor Tempo raises a $60M Series B

No doubt about it, home fitness is hot. The category had already been gaining considerable traction in recent years and months, but the ongoing pandemic has undoubtedly accelerated interest by orders of magnitude. And understandably so. After all, while some businesses have begun reopening in some locations, gyms are still a big red flag, with one of the highest potential transmission risks of any communal space. This morning Tempo announced a healthy $60 million Series B, led by   Norwest V...
Tags: Startups, Hardware, Fitness, San Francisco, Tech, General Catalyst, Series B, Lululemon, Norwest Venture Partners, Peloton, Recent Funding, Bling Capital Tempo


Remitly raises $85M at a $1.5B valuation, says money transfer business has surged

Remittances — when people send money internationally to family and friends, or as a payment — has long been one of the most important levers for getting funds to people in developing economies. However, the persistent spread of the coronavirus is having a tough impact on that, with the World Bank estimating that remittances to low and middle-income countries will fall 20% this year to $445 billion (down a record $554 billion in 2019). That’s due in part to the economic slowdown (and job and wage...
Tags: Startups, TC, Facebook, Finance, US, Tech, World Bank, Robinhood, Libra, Remittances, Money Transfer, Remitly, Revolut, Western Union, Western Europe, Oppenheimer


Traveloka tops up with $250M amid the coronavirus crisis

Indonesia-based online travel portal, Traveloka, has picked up $250M in fresh funding to beef up its coronavirus-battered balance sheet. The travel aggregator dubs the capital injection a “strong vote of confidence” in its strategy to adjust to what it couches as a ‘new normal’ for travel by retooling its focus on domestic and short hop excursions and activities. The funding round is led by an unnamed global financial institution. Traveloka also says “some” existing investors also participate...
Tags: Travel, Startups, Asia, Indonesia, Tech, Thailand, Malaysia, Tourism, Vietnam, Travel Industry, Expedia, Staycation, Traveloka, Recent Funding, Willson Cuaca, Coronavirus


ClimaCell raises $23M Series C for its weather intelligence platform

ClimaCell, the weather forecasting and intelligence service that is using a number of interesting new techniques to gather weather data, today announced that it has raised a $23 million Series C round co-led by new investor Pitango Growth and existing investor Square Peg Captial. With this new round, the Boston- and TelAviv-based company’s total funding now exceeds $100 million. As ClimaCell co-founder and CEO Shimon Elkabetz told me, the round came together well after the worldwide COVID-19 ...
Tags: Startups, TC, Boston, Supply Chain, Tech, Laser, General Partner, Aaron Mankovski, Elkabetz, Pitango, ClimaCell, Shimon Elkabetz, Recent Funding, Pitango Growth, ClimaCell Elkabetz


Nanox raises $59M for low-cost, downsized scanning tech to replace X-rays

Israeli startup Nanox has big ambitions to take on the world of medical imaging and imaging analytics with hardware that reduces the size and cost of scanning equipment, plus software that improves the quality of images and the insights you can gain from them. Today, Nanox is announcing another big step ahead in that plan: it’s raised another $59 million in funding, closing out its Series B at $110 million, to continue building its full-body scanning hardware and securing more customers. The mon...
Tags: Health, Startups, TC, South Korea, Europe, US, Tech, Artificial Intelligence, Fuji, Foxconn, SK Telecom, Ran Poliakine, Recent Funding, Poliakine, Nanox, Ilung Kim SK Telecom


Tandem snags $5.7M for its language buddy app amid COVID-19’s e-learning boom

The Berlin-based startup behind Tandem, an app for practicing a second language, has closed a £4.5 million (~$5.7 million) Series A round of financing to capitalize on growth opportunities it’s seeing as the coronavirus crisis continues to accelerate the switch to digital and online learning. With many higher education institutions going remote as a result of concerns over virus exposure risks of students mixing on physical campuses, there’s a growing need for technology that helps language stud...
Tags: Fundings & Exits, Startups, Apps, Europe, Japan, Education, China, Berlin, Tech, Duolingo, Online Learning, E-learning, Language Learning, Alex Spiro, Tandem, Brighteye Ventures


Y Combinator’s Vitable Health is bringing basic healthcare to underserved populations

Joseph Kitonga, the 23-year-old entrepreneur behind Vitable Health, first saw the need for a new kind of healthcare service growing up in Philadelphia and seeing the experience of the home healthcare workers who worked at his parents’ business. The Kitongas immigrated to the United States a decade ago and settled down in Philadelphia, where they started a home-care business matching workers with patients in need. What was surprising to the younger Kitonga was that the people who worked for his p...
Tags: Health, Startups, TC, Y Combinator, Entrepreneur, Tech, United States, Health Insurance, Philadelphia, Medicaid, Recent Funding, Vitable Health, Joseph Kitonga, Kitongas, Kitonga, Vitable Health Kitonga


Revolut extends Series D round to $580 million with $80 million in new funding

Fintech startup Revolut just announced that it has raised $80 million as part of its Series D round that it had already announced in February. The new influx of funding comes from TSG Consumer Partners. In February, Revolut raised a $500 million led by TCV at a $5.5 billion valuation. Today’s new funding extends that funding round to $580 million — the company says the valuation remains the same. If you’re not familiar with Revolut, the company is building a financial service to replace tradi...
Tags: Fundings & Exits, Startups, Europe, Tech, Fintech, Revolut, Challenger Bank, TCV, TSG Consumer Partners, Recent Funding, Neobank, TSG Consumer Partners In February Revolut


Investments in bioproducts surge as Geltor nabs new money

The manufacturer of a vegan collagen, Geltor, has raised a new round of financing — $90 million, according to people familiar with the company. It’s another sign of the newfound viability of sustainability and cell-based, vegetarian replacements for animal products. Sustainable bio-products, whether plant-based, genetically modified or cell-cultured, are having a big year. In the month of July alone, companies developing sustainable alternatives to animal agriculture and the industry’s byproduct...
Tags: Startups, TC, Tech, Silicon Valley, Princeton, Forbes, Recent Funding, Geltor, Gelita, Lorestani, Alexander Lorestani, Geltor The Not Company, FTW Ventures, Grand View Research Another, Alex Lorestani, Nick Ouzounov


Arrive Outdoors, the gear rental platform for outdoor adventures, raises $4.75 million

Camping has been on the rise, especially among younger people, for the past couple years. Even during a pandemic, camping represents a relatively safe way to get back on the road again. Arrive Outdoors, a startup based out of Santa Monica, is looking to capitalize on the growing popularity of camping and interest in outdoor activities with its gear rental platform. The company was cofounded by married couple Rachelle Snyder and Ross Richmond who had experienced the problem of wanting to do outdo...
Tags: Startups, TC, Ecommerce, California, Cdc, Funding, Tech, Mike Jones, National Park Service, Santa Monica, Snyder, James Reinhart, Science Inc, Freestyle Capital, Recent Funding, Utah State Parks


Quantexa raises $64.7M to bring big data intelligence to risk analysis and investigations

The wider field of cyber security — not just defending networks, but identifying fraudulent activity — has seen a big boost in activity in the last few months, and that’s no surprise. The global health pandemic has led to more interactions and transactions moving online, and the contractions we’re feeling across the economy and society have led some to take more desperate and illegal actions, using digital challenges to do it. Today, a UK company called Quantexa — which has built a machine learn...
Tags: Security, Startups, TC, UK, London, Enterprise, Big Data, Funding, Tech, Fraud, Artificial Intelligence, Hsbc, Accenture, Palantir, Companies House, Looker


UK’s Selina Finance raises $53M for its SMB loans platform based on home equity

When you need a loan, the cost and speed of getting it can be as critical to get right as the financing itself, a principle that might be even more relevant today in our shaky pandemic-hit economy than ever before. Today, a company that proposes to cut both the time and price for securing financing, with a platform, initially aimed at SMBs, that lets business owners put up their home property as collateral to get the loan, is announcing a funding round to expand its business. Selina Finance, whi...
Tags: Startups, TC, Ecommerce, Europe, Real Estate, UK, London, Finance, Berlin, Tech, SoFi, Benning, Samwer, Mike Cagney, Fenwick, SELINA


UK’s Selina Finance raises $42M for its SMB loans platform based on home equity

When you need a loan, the cost and speed of getting it can be as critical to get right as the financing itself, a principle that might be even more relevant today in our shaky pandemic-hit economy than ever before. Today, a company that proposes to cut both the time and price for securing financing, with a platform, initially aimed at SMBs, that lets business owners put up their home property as collateral to get the loan, is announcing a funding round to expand its business. Selina Finance, whi...
Tags: Startups, TC, Ecommerce, Europe, Real Estate, UK, London, Finance, Berlin, Tech, SoFi, Benning, Samwer, Mike Cagney, Fenwick, SELINA


Mobalytics raises $11M and adds eye tracking metrics to its automated gaming coach

Back in 2016, Mobalytics wowed the judges at Disrupt SF with its data-based coach for the exploding competitive gaming world, winning the Startup Battlefield. The company is building on the success of the past few years with a new funding round and a compelling new collaboration with Tobii that uses eye-tracking to provide powerful insights into gamers’ skills. Mobalytics began with the idea that, by leveraging the in-game data of a competitive e-sport like League of Legends (LoL), they co...
Tags: Fundings & Exits, Startups, TC, Gadgets, Gaming, Funding, Tech, League Of Legends, AAA, Tomb raider, Battlefield, Eye Tracking, Lindgren, Tobii, Issa, Almaz Capital


Kudo raises $6M for its real-time translation and video conference platform

SaaS is hot in 2020. Tooling that is hot in 2020. And we all know that anything related to video chatting in particular is on fire this year. In the midst of all three trends is Kudo, which just raised $6 million in a round led by Felicis. But Kudo’s video chatting and conferencing tool with built-in support for translators and multiple audio streams wasn’t initially constructed for the COVID-19 era. It got started back in 2016, so let’s talk about how it got to where it is today before we tal...
Tags: Fundings & Exits, Startups, Video, Tech, Felicis Ventures, Kudo, Niki Pezeshki, Recent Funding, Zabetian, COVID, Fardad Zabetian Kudo


Scalable Capital raises $58M at a $460M valuation for its robo-investment platform

Startups building tech-based platforms to help make investments continue to be in high demand, building on an expanding market of investors getting more confident to rely on technology to undercut broker fees and speed up the process. Today, one of the hopefuls in the space is announcing a growth round to capitalise on that opportunity. Scalable Capital — the Munich-based startup that has built a platform to monitor and manage investment portfolios investing in shares, trades and exchange traded...
Tags: Fundings & Exits, Startups, TC, Europe, UK, Finance, Funding, US, Tech, Munich, Goldman Sachs, TCUK, Germany Austria, Baader Bank, Ludwig Maximilians University, Scalable Capital


Singapore-based marketing SaaS startup Insider gets $32 million to enter the US

Insider, a Singapore-based startup that develops software to help clients make marketing decisions, plans to launch in the United States after raising a $32 million Series C. The round was led by Riverwood Capital, with participation from Sequoia India, Wamda and Endeavor Catalyst. Founded in 2012, the company says its SaaS for multichannel marketing and customer engagement is currently used by more than 800 brands, including Singapore Airlines, Marks and Spencer, Virgin, Uniqlo, Samsung and Est...
Tags: Fundings & Exits, Startups, TC, Asia, Japan, Indonesia, Southeast Asia, Singapore, Marketing, US, Tech, Customer Engagement, United States, Middle East, SaaS, Insider


Effx raises $3.9M for its DevOps monitoring platform

Effx, a startup that aims to give developers better insights into their microservice architectures, today announced that it has raised a $3.9 million funding round led by Kleiner Perkins and Cowboy Ventures. Other investors and angels in this round include Tokyo Black, Essence VC Fund, Jason Warner, Michael Stoppelman, Vijay Pandurangan and Miles Grimshaw. The company’s founder and CEO, Joey Parsons, was an early employee at Rackspace and then first went to Flipboard and then Airbnb a f...
Tags: Fundings & Exits, Startups, TC, Entrepreneurship, Entrepreneur, Tech, Economy, Airbnb, Ruby, Rackspace, Flipboard, Kleiner Perkins, Cowboy Ventures, Kubernetes, World Wide Web, Kleiner


New lo-fi, text-based social app Lex, for queer women, raises $1.5 million

Lex, a new social app for women, trans, genderqueer, and non-binary people offering the ability to post personal ads, has today announced the close of a $1.5 million seed funding round. Investors in the round include Corigin Ventures, X-Factor Ventures, and Tusk Ventures, with angels Michelle Kennedy (Peanut), Andy Dunn (Bonobos) Amanda Bradford (The League), Rei Wang (The Grand), Bumble Fund, Elisabeth Hartley, Tavi Gevinson, Nisha Dua, A.G. Breitenstein, Albert Lee, Alice Cheng, Justin Stefano...
Tags: Social, Startups, TC, Apps, Instagram, Funding, Tech, Lex, Tusk Ventures, Michelle Kennedy, Rakowski, Recent Funding, Kell Rakowski, Corigin Ventures X Factor Ventures, Elisabeth Hartley Tavi Gevinson Nisha Dua, Lex Hiring


UK’s Drover raises $26M for to take its car subscription marketplace to Europe

The future of transportation is in a moment of flux, and that continues to provide opportunities for startups to build solutions provide new ways for us to get from A to B. In the latest development, a startup out of the UK called Drover that provides access to flexible car subscriptions for private users — longer than a typical rental, shorter than a lease or purchase, and easy to shorten or extend as needed — is announcing some funding to continue its growth. The company has picked up £20.5 mi...
Tags: Startups, TC, Transportation, Ecommerce, Europe, UK, France, Softbank, Cars, US, Tech, Automotive, FELIX, Drover, Target Global, AutoTech Ventures


Crisp, the platform for demand forecasting the food supply chain, gets $12 million in funding

Crisp, a demand forecasting platform for the food industry, has today announced the close of a $12 million Series A funding round led by FirstMark Capital, with participation from Spring Capital and Swell Capital. Crisp launched out of beta in January of this year with a product that aimed to give food suppliers and distributors a clearer picture of customer demand at retailers. Before Crisp, these organizations usually had several data scientists compiling data from various sources into an unin...
Tags: Food, Startups, TC, Enterprise, Tech, ERP, FirstMark Capital, Crisp, Recent Funding, Spring Capital and Swell Capital Crisp


Layer gets $5.6M to make joint working on spreadsheets less hassle

Layer is not trying to replace Excel or Google Sheets. Instead the Berlin-based productivity startup wants to make life easier for those whose job entails wrangling massive spreadsheets and managing data inputs from across an organization — such as for budgeting, financial reporting or HR functions — by adding a granular control access layer on top. The idea for a ‘SaaS to supercharge spreadsheets’ came to the co-founders as a result of their own experience of workflow process pain-points at the...
Tags: Google, Productivity, Fundings & Exits, Startups, TC, Apps, Europe, Real Estate, Microsoft, Berlin, Tech, ERP, Dropbox, Salesforce, Github, Atlassian


Macro just raised $4.3M to make your never-ending Zoom calls more useful

In this pandemic world, in-person meetings are a thing of the past. Most meetings these days are done via video conference, and no company has capitalized on the shift quite like Zoom. Macro, a new FirstMark-backed company, is looking to capitalize on the capitalization. To Capitalism! Sorry. Let’s get back on track. Macro is a native app that employs the Zoom SDK to add depth and analysis to your daily work meetings. There are two modes. The first is essentially focused on collaboration, w...
Tags: Google, Startups, TC, Apps, Enterprise, Microsoft, Funding, Tech, FirstMark Capital, Firstmark, General Catalyst, 3m, Sdk, Roelof Botha, Macro, Keck


RealityEngines.AI becomes Abacus.AI and raises $13M Series A

RealityEngines.AI, the machine learning startup co-founded by former AWS and Google exec Bindu Reddy, today announced that it is rebranding as Abacus.AI and launching its autonomous AI service into general availability. In addition, the company also today disclosed that it has raised a $13 million Series A round led by Index Ventures’ Mike Volpi, who will also join the company’s board. Seed investors Eric Schmidt, Jerry Yang and Ram Shriram also participated in this oversubscribed round, ...
Tags: Google, Fundings & Exits, Startups, Funding, Tech, Economy, Artificial Intelligence, Machine Learning, Aws, Deep Learning, Jerry Yang, Eric Schmidt, Abacus, Ram Shriram, Index Ventures, Reddy


Mighty Health created a wellness app with older adults top of mind

Virtual classes might make it easier to work out anywhere, anytime, but not for anyone. Mainstream fitness tech often targets the young and fit, in advertisements and cardio-heavy exercises. It effectively excludes aging adults from participating. This gap between mainstream fitness and elders is where Mighty Health, a Y Combinator graduate, comes in. Mighty Health has created a nutrition and fitness wellness app that is tailored to older adults who might have achy hips or joint pro...
Tags: Health, Startups, TC, Apps, Y Combinator, San Francisco, Tech, Nih, RRE Ventures, Elizabeth, Li, Columbia University Medical Center, Nextview Ventures, Fitness Tech, James Li, Soma Capital


Autonomous drone startup Skydio raises $100 million and launches the X2 commercial drone

Skydio has raised a $100 million Series C funding round, which was led by Next47 and includes participation from other new investors Levitate Capital and NTT DOCOMO Ventures, as well as existing investors a16z, IVP and Playground. This new funding will help the drone maker move faster on its product development efforts, and expand its go-to-market strategy to cover not only consumer applications, but also enterprise and public sector drone technology, the company says. To serve the market,...
Tags: Startups, TC, Technology, Hardware, Electronics, Tech, Robotics, IVP, Emerging-technologies, Skydio, NTT DOCOMO Ventures, Next47, Recent Funding, Levitate Capital, Skydio Enterprise Controller


Paige, the computational pathology startup targeting cancer, closes Series B at $70M

Paige, the startup that spun out of the Memorial Sloan Kettering Cancer Center and launched in 2018 to help advance cancer research and care by applying AI to better understand cancer pathology, is today announcing a milestone in its growth story: it has raised a further $20 million from Goldman Sachs and Healthcare Venture Partners, closing out its Series B at $70 million. Leo Grady, Paige’s CEO, says the funding will go towards several areas. It will be used for hiring; to continue expandin...
Tags: Health, Startups, TC, UK, Cancer, Funding, Tech, Eu, Artificial Intelligence, Goldman Sachs, Biotech, Goldman, Paige, MSK, Grady, Memorial Sloan Kettering Cancer Center


Paige, the computational pathology startup targeting cancer, closes a Series B at $70M

Paige, the startup that spun out of the Memorial Sloan Kettering Cancer Center and launched in 2018 to help advance cancer research and care by applying AI to better understand cancer pathology, is today announcing a milestone in its growth story: it has raised a further $20 million from Goldman Sachs and Healthcare Venture Partners, closing out its Series B at $70 million. Leo Grady, Paige’s CEO, says the funding will go towards several areas. It will be used for hiring; to continue expandin...
Tags: Health, Startups, TC, UK, Cancer, Funding, Tech, Eu, Artificial Intelligence, Goldman Sachs, Biotech, Goldman, Paige, MSK, Grady, Memorial Sloan Kettering Cancer Center



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