Cayman Islands-based Mobius Network announced it has closed its MOBI token sale and raised $35 million in its initial coin offering. The blockchain company said the pre-sale was oversubscribed by more than $10 million. Participants included its advisory board members and blockchain entrepreneurs Jed McCaleb, Chandler Guo and Jackson Palmer, as well as Nirvana Capital, a U.K.-based blockchain-focused hedge fund. Palo Alto, California-based Camp One Ventures, which makes early-stage investments in fintech companies, invested $500,000 in Mobius ahead of the company's ICO, which began in November.
1 min read · 09 January 2018
San Diego-based biopharmaceutical company Gossamer Bio has launched and announced it has raised $100 million in funding. The financing includes seed funding from founding investor Omega Funds and a Series A round co-led by Omega and ARCH Venture Partners.
1 min read · 05 January 2018
Angel investor Ali Partovi, co-founder of LinkExchange and Code.org and an early adviser and investor at various tech companies, has filed to raise $50 million for his firm Neo Fund, according to a regulatory filing. The filing lists the firm's address at the Ferry Building in San Francisco. His brother, Hadi Partovi, with whom he often co-invests, is not listed on the filing. The Partovi brothers have been involved in various fast-growing and successful companies, such as investing in Zappos and Facebook, launching the nonprofit Code.org, which is developing computer programming education, and they have served as advisers to Dropbox and Indiegogo, among others. They are also the cousin of Uber CEO Dara Khosrowshahi.
1 min read · 04 January 2018
New York-based MoneyLion, provider of a mobile financial services platform, has raised raised $42 million in a growth-stage investment. Edison Partners led the round with a $15 million investment. The company, founded in 2013, has now raised $67 million in equity funding from Edison, FinTech Collective, Broadhaven Capital, Montage Ventures and other backers.
1 min read · 04 January 2018
San Carlos, California-based Iron Ox has raised $3 million in seed-stage funding. Eniac Ventures led the round with participation from Amplify Partners. The company, founded in 2015, has now raised $5 million in funding, with previous pre-seed backing coming from Y Combinator and other investors.
1 min read · 04 January 2018
10 min read · 26 December 2017
2 min read · 22 December 2017
Chicago-based Label Insight, provider of a data-as-a-service platform for the consumer packaged goods industry, announced it has raised $21 million in a Series C funding round. Delta-v Capital led the round alongside River Cities Capital Funds. As part of the funding, David Schaller, managing partner at Delta-v, will join the Label Insight board. The company has now raised $35 million in total financing.
1 min read · 19 December 2017
San Francisco-based DigitalGenius, provide rof artificial intelligence solutions for the customer service industry, announced it has raised $14.75 million in Series A funding round led by Global Founders Capital. Also participating in the round are MMC Ventures, Paua Ventures, Kairos and others, including previous investors Salesforce Ventures, Spider Capital, Runa Capital, RRE Ventures, Lumia Capital, Compound and Lerer Hippeau Ventures. DigitalGenius has raised now raised $26 million in total funding.
1 min read · 19 December 2017
6 min read · 19 December 2017
