Posts in category funding daily

BusinessDealsfunding dailyKGS BuildingsSchneider Electric

Cloud building management startup KGS takes in $2 million

KGS Buildings, a SaaS startup that helps buildings to keep track of their operation systems, announced today that it took in a $2 million investment from energy management and automation company Schneider Electric. KGS’ technology provides buildings with operation and lifetime management of all its mechanical functions, such as heating and cooling levels, as well as pipe […]

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AppsBusinessfunding dailyMarketingMathCrunchMobileYup

Mobile-first tutoring service MathCrunch becomes Yup, expands into science

MathCrunch, the mobile-first education startup that helps students find personal tutors, has announced a pivot as it changes its name to Yup and expands beyond math into chemistry and physics. Alongside today’s topic expansion and name change, the company has also revealed that it has added $4 million more to its coffers, taking its total seed […]

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Identity verification startup Onfido raises $25 million to inject more trust into the sharing economy

Identity verification startup Onfido has raised $25 million from Idinvest Partners, Wellington Partners, and CrunchFund. The cash influx will be used to “meet rising demand from the U.S. and international markets,” the company said in an announcement. Onfido had previously raised a little more than $5 million, including a $4.5 million series A round last […]

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Appsfunding dailyMeucciMobile

Meet Meucci, the startup that raised $6M for a group calling app that works on cellular networks

A new startup has launched this month with one raison d’être: to make group calling easier and more accessible on mobile phones. Available for Android and iOS, Meucci works like other messaging apps, such as WhatsApp, insofar as you register for the service with your mobile phone number, and then you can message or call […]

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Adam RowellBusinessDealsfunding dailyGamesHan JinLucid VRLucidCam

Lucid VR raises $2.1M for 180-degree virtual reality camera

Lucid VR has raised $2.1 million and it has partnered with Taiwanese manufacturer Wistron to make its LucidCam 180-degree virtual reality camera. The pocket-sized LucidCam captures 3D VR video, pretty much as your eyes see the world. The company hopes to make its mark as virtual reality becomes a $30 billion industry by 2020, according […]

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AppsBig DataBusinesscb insightsCloudCommerceDealsdecacornsDevEnterpriseEntrepreneurfunding dailyHealthKPMGMediaMobileNVCAunicornsVCVenture capital

VCs raised billions in Q1 even as they made fewest investments in 3 years

ANALYSIS: At first blush, a review of venture capital dealmaking during the first quarter of 2016 suggests an industry gone mad. VC firms raised the highest amount of capital raised in more than decade, even as they made the lowest number of investments in three years. What gives? The Q1 2016 Venture Pulse Report issued today by CB Insights […]

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AppsBusinessDealsEntrepreneurfunding dailyhospitalityLondonYapJobs

YapJobs raises $1.4 million to match job seekers with hospitality roles

YapJobs, an app which seeks to match jobseekers and employers in the hospitality sector in real-time, has raised £1 million (about $1.4 million) in funding. Investors in the round included Ziad Tassabehji, who invested in an angel capacity, and various other private investors. Shahzad Ali, CEO of YapJobs, spoke about the raise: “I grew up in […]

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augmented realityBusinessfunding dailyMarxent

Marxent raises $10 million for in-store AR visualizations

Augmented reality has some obvious commercial applications when it comes to visualizing products for shoppers. Marxent has raised a second round of $10 million so that it can create applications for retailers using both augmented reality (AR) and virtual reality (VR). AR is expected to become a $90 billion industry by 2020, according to Digi-Capital. […]

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BeginBegin NewsbotsBrian LeRouxBusinessConversational UXfunding dailyGeneral CatalystGeneral Catalyst NewsPhil LibinPhil Libin NewsRyan Block

Former Evernote CEO Phil Libin’s first investment at General Catalyst is this bot startup

Phil Libin announced today that he has made his first investment as a partner at the investment firm General Catalyst. The former Evernote chief executive said that he has funded a bot startup called Begin created by Ryan Block, the cofounder of product/gadget database and discussion forum gdgt, and Brian LeRoux. Both Block and Libin declined to […]

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Edge Retreats gets $1 million to simplify booking of luxury villas

Edge Retreats, a London-based tech startup specialising in luxury villas, has closed a $1m seed funding round led by VC fund Lean Investments. The round, which also drew support from the startup’s current investor Forward Partners, brings Edge Retreats’ total amount of funding raised to $1.4m. Speaking about the round’s closure, McCormick said: “After getting […]

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DeepstreamHub raises $1 million for real time app development platform

Berlin-based deepstreamHub, a platform for building real time apps, has closed a $1 million seed round from Blue Yard Capital to further develop its cloud platform for app developers. This marks the first investment for Berlin’s Blue Yard Capital, a new VC fund launched in January that raised $120 million to invest in early stage […]

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AppsBusinessCloudCommerceDealsEnterprisefunding dailyMarketingMobileTwiggle

Twiggle raises $12.5 million to challenge Amazon’s A9 ecommerce search engine

Twiggle isn’t a name you’ll be familiar with, but the Israeli stealth startup has today announced a $12.5 million funding round that should go some way toward putting it on the map. The company was founded in 2013 by a team including Dr. Amir Konigsberg, who previously worked at Google and was formerly managing director at, […]

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Businessfunding dailyLumaLuma NewsLuma Wi-Fi RoutersWi-Fi routers

Amazon and Accel toss $12.5M at Luma’s mesh routers after 30K preorders

Wi-Fi router maker Luma has sold 30,000 devices since it began accepting preorders in November. The news coincides with funding the company secured — an additional $12.5 million from investors such as Accel Partners and Amazon. The added investment will be used to fulfill the “massive demand” for Luma’s routers, as well as to expand […]

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AppsBig DataBusinessCloudCommunicationCustomer SupportDealsEnterprisefunding dailyin-appIntercomMarketingMessagingMobile

Intercom lands $50M to own the customer communication journey

Intercom has announced today that it has raised an additional $50 million, bringing its total funding to $116 million. The raise comes at a time when all eyes are focused on the messaging industry, which is enjoying fast growth in all areas, from mobile-first chat solutions through to in-app engagement. And Intercom has enjoyed a significant slice […]

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IoT startup Kamarq raises $3.2M to manufacture ‘smart’ tables that play music

Kamarq Holdings is a startup to offer the high quality and connected furniture brand Kamarq. The company recently announced on Thursday that it has secured a total of about 350 million yen (about $3.2 million) from Energy & Environment Investment, Saison Ventures, iSGS Investment Works as well as angel investors. Saison Ventures is the investment arm […]

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BusinessCannabisfunding dailyMeadowMeadow NewsweedY Combinator

Y Combinator-backed Meadow raises $2.1 million for its cannabis platform

Medical marijuana startup Meadow has raised $2.1 million in seed funding, a move it says will go to accelerate development of its Meadow Platform software suite and also hiring. Investors that participated in the round include David Lee, Justin Kan, Hiten Shah, Slow Ventures, SOMA Capital, Liquid 2 Ventures, and Poseidon Asset Management. In conjunction […]

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BusinessCloudContent MarketingDealsEnterprisefunding dailymachine learningMarketingmarketing technologymartechnatural language processingNLPpersado

Persado lands $30M to help solve the ‘bad versus terrible’ content marketing conundrum

Content marketing is hard. In addition to understanding your audience, you need to create a tone of voice that suits your business, change that tone depending on how long you’ve known the prospective customer, and create original output with enough emotional impact to make them click, tap, or say “yes.” You see, content marketing (a […]

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BusinessDealsfunding dailyMenlo VenturesThomvest VenturesVirool

Virool snags $12 million for its video advertising managing tool

Native video advertising startup Virool announced today that it sealed a $12 million investment led by Menlo Ventures, Thomvest Ventures, and Yahoo Japan. The new funding, Virool said, will be used to “further accelerate its presence in the global advertising market.” Virool’s marketing tool allows users to manage, design, and monitor their video advertising campaigns. Flint […]

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DealsEntrepreneurEuropefunding dailyQ1 2016

European tech funding was almost flat in Q1 2016

ANALYSIS: The first quarter of 2016 has come to a close: European and Israeli startups raised €4.4 billion across 769 deals in Q1, including Spotify’s recent $1 billion debt round. European and Israeli tech startups have raised €4.4 billion (about $5.01 billion) in funding in the first quarter of 2016, across 769 deals. In both cases, […]

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Businesscollege prepDealsfunding dailyMobileSchoold

Schoold raises $4.5M and gets 500K downloads in 1st month for college hunting app

Schoold is a college search app that has been downloaded more than 500,000 times in its first month, and today the company is announcing that it has closed a seed round of $4.5 million. The money will further the company’s mission of helping students and parents navigate the bewildering process of choosing a college. It comes […]

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Home24 raises $22.7 million for its online furniture retail service

Berlin-based, Rocket Internet-backed online furniture retailer Home24 has raised €20 million (about $22.7 million) and reinforced its management team to get to profitability and to try and take on IKEA in Europe (via Reuters). The fresh capital comes from both existing and new investors, the company said in a statement. Christoph Cordes and Marc Appelhoff, respectively […]

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BluebeeCloudDealsDNA analysisEntrepreneurfunding dailyHealth

Bluebee lands $11.4 million for cloud-based DNA analysis platform

DNA analytics startup Bluebee has closed a Series A funding round of €10 million (about $11.4 million) from investors Capricorn ICT Arkiv, Korys, and Biover II. Prior backer Buysse & Partners also participated in the round. The Dutch company specialises in genomic analysis and provide cloud-based performance solutions to researchers, labs, and diagnostic companies. According to […]

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CommerceEntrepreneurFashionfunding dailyMaterial Wrld

Material Wrld raises $9 million to sell used luxury items online

New York-based Material Wrld provides a high-end marketplace for used clothes. Launched in 2012, the company provides marketplace for luxury fashion items aimed at women looking to update what’s inside their closets according to events and seasonal changes. The company announced on Wednesday that it has secured $9 million from Start Today and Nissay Capital in a series B round. Start […]

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AppsBusinessfunding dailyGamesMarketingMediaMobilePlaybuzzsponsored content

Playbuzz scores $15 million in funding for sponsored social content

Playbuzz said it has raised $15 million in funding from Saban Ventures and Disney for its business of providing sponsored content. Playbuzz helps publishers and content creators distribute their content in ways that boost engagement and social distribution. For instance, New York-based Playbuzz helps promote sponsored content by distributing it through slide shows, flip cards, galleries, […]

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