4 min read · 12 April 2018
San Francisco-based Ripple, which provides blockchain solutions for the payments industry, announced it invested $25 million of its own cryptocurrency, XRP, in Blockchain Capital's fourth fund. Blockchain Capital, which focuses on the blockchain technology sector and crypto ecosystem, announced in March it closed its fourth fund with $150 million in commitments. Ripple's investment is part of the $150 million total. Ripple is a portfolio company of the San Francisco firm.
1 min read · 11 April 2018
New York-based Koio, maker of luxury leather sneakers, announced it has raised $3 million in Series A funding. Acton Capital Partners led the round with other institutional and private investors, including Brand Foundry Ventures, Winklevoss Capital, actor Miles Teller and director and producer Simon Kinberg. The company was founded in 2015 by Wharton graduates Chris Wichert and Johannes Quodt.
1 min read · 11 April 2018
Karamba Security, a provider of in-car cybersecurity solutions with offices in Michigan and Israel, announced it has raised $10 million in funding from Western Technology Investment, a venture debt firm. The company, founded in 2015, has now raised $27 million in total funding. following a $12 million Series B round last year.
1 min read · 10 April 2018
San Francisco-based Fleetsmith, a provider of secure, automated Apple device management, announced it has raised $7.7 million in Series A funding from Upfront Ventures. Also participating in the round were the company's seed investors Index Ventures and Harrison Metal. The company, founded in 2016 by Jesse Endahl, Ken Kouot, Stevie Hryciw and Zack Blum, has now raised more than $10 million in funding.
1 min read · 10 April 2018
London-based Chargifi, provider of a wireless power charging platform, announced it has raised $7 million in funding. The investment was led by Accelerated Digital Ventures, with other investors including Hewlett Packard Enterprise (HPE) and firstminute capital. The funding will be used to support its expansion to U.S. and Asian markets at a time when the demand for wireless power is on the rise. In addition, Chargifi has partnered with HPE to roll out its wireless power to the company's customers as part of its connectivity solutions. Chargifi, which also has a New York office and was founded in 2013, previously raised $3.4 million in funding.
1 min read · 10 April 2018
Healthcare-focused Health2047 Capital Partners is seeking to raise $250 million for its inaugural fund, according to a regulatory filing. The Menlo Park, California-based firm is led by Managing Partners Joe Boystak, Tom Frederick and Doug Given.
1 min read · 06 April 2018
Annie Kadavy, an angel investor and former partner at CRV, has joined Redpoint Ventures as a partner. At Redpoint, she will focus on early-stage consumer deals. Kadavy was most recently head of strategic operations at Uber Freight. At CRV, she sourced or led deals with ClassPass, Cratejoy, DoorDash, Laurel & Wolf and Patreon at the seed and Series A stages.
1 min read · 05 April 2018
New York-based Chainalysis, which has rolled out new compliance software to enable exchanges, brokers and banks to monitor their cryptocurrency transactions, announced it has raised $16 million in Series A round of funding from Benchmark. As part of the funding, Benchmark General Sarah Tavel is joining the company board. This is her first deal since joining the firm last year. The company, founded in 2014 by Jan Moller, Jonathan Levin and Michael Gronager, has now raised $17.6 million in total funding. Seed investors include TechStars, Digital Cureency Group and PointNine Capital.
1 min read · 05 April 2018
Knowhere, a San Francisco and London-based news publication that uses machine learning to write unbiased coverage of news stories, launched its website and emerged from stealth mode with $1.8 million in seed funding. Investors include CrunchFund, Day One Ventures, Danhua Capital, Struck Capital and Abstract Ventures.
1 min read · 05 April 2018
