Mobile classifieds app Carousell has raised $35 million in funding. Rakuten Ventures led the round with participation from Sequoia India, Golden Gate Ventures and 500 Startups.
3 min read · 03 August 2016
New York and Israel-based Spot.IM, a disruptive social engagement platform, has raised $13 million in Series A funding. The investors included Index Ventures and Norma Investments Limited.
3 min read · 03 August 2016
Indigo Biosciences, a Pennsylvania-based provider of nuclear receptor-focused products and services, has closed $500,000 in Series B funding. The Life Sciences Greenhouse of Central Pennsylvania and AGSM were the lead investors.
1 min read · 03 August 2016
New York City-based Axial, an online capital market that helps private companies grow and succeed, has secured $14 million in Series C funding. Edison Partners led the round with participation from Comcast Ventures, First Round and Redpoint Ventures. Steve McLaughlin, founder of Financial Technology Partners, advised Axial on the transaction.
1 min read · 03 August 2016
Powerplant Ventures has raised $42 million for a fund that will focus on emerging plant-centric companies. Among Powerplant Ventures' current portfolio companies are Hail Merry, REBBL, Thrive Market, Terravia, Hampton Creek and Juicero.
2 min read · 03 August 2016
Hearst Business Media has teamed up with Fitch Group to launch the Financial Venture Fund, which will back early-stage financial information, service and tech companies. Shea Wallon, a former managing director at Bank of America Merrill Lynch, will lead the fund as senior vice president and managing director. His appointment is effective immediately. The Financial Venture Fund is Hearst's third fund.
4 min read · 03 August 2016
London-based City Pantry, an office catering platform, has secured 1.1 million pounds in funding. The backers included the Angel Co Fund and The London Co Investment fund.
4 min read · 03 August 2016
San Mateo, California-based Velostrata, a provider of cloud workload mobility solutions, has raised $17.5 million in Series B funding. Intel Capital led the round with participation from return backers Norwest Venture Partners and 83 North.
4 min read · 03 August 2016
RiskSense, a provider of cyber risk management solutions, has raised $7 million in funding. Paladin Capital Group led the round with participation from other investors that included Sun Mountain Capital and EPIC Ventures. In conjunction with the funding, Mourad Yesayan, a principal at Paladin Capital, has been added to RiskSense's board of directors.
4 min read · 03 August 2016
Silicon Valley-based Espresa, a work/life balance platform provider for companies, has secured $2 million in seed funding. The investors included Crosslink Capital, Clear Ventures and TEC Ventures.
1 min read · 02 August 2016
