500 Global related stories
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ADFG agrees to strategic investment in 500 StartupsAbu Dhabi-based investment group ADFG has made a strategic investment in the worldwide seed-stage firm 500 Startups. The amount of the investment is undisclosed. 500 Startups said the investment will help it scale faster, enter new markets and anchor future global funds. As part of the investment, ADFG will join 500's board.
- Pipefy takes in $16 mln Series A
San Francisco-based Pipefy, an operations excellence platform that deploys back-office processes without IT support, has raised $16 million in Series A funding. OpenView and Trinity Ventures led the round with participation from other investors that included Redpoint eventures, Valor Capital, 500 Startups and Founders Fund.
TIMIA invests $2 mln in local discovery tool ParkbenchCanadian specialty finance firm TIMIA Capital Corp has provided a $2 million funding facility to Parkbench Inc, a Toronto discovery service for local events, deals, news and real estate. The revenue-based facility includes a first investment of $1 million and a further $1 million to be deployed when milestones are met. Parkbench, launched in 2014 by CEO Grant Findlay-Shirras and CMO Amanda Newman, targets its online service to real estate agents and mortgage brokers. In 2016, the company secured financing from U.S. accelerator and venture capital firm 500 Startups.
- Southeast Asian VC Monk's Hill Ventures leads $3.2 round in language app ELSA
Monk’s Hill Ventures led a $3.2 million Pre-A round in ELSA, a mobile app for language learners. With offices in Singapore and Jakarta, Monk’s Hill Ventures invests in pre-seed-stage startups in Southeast Asia.
- Indio Technologies raises $6 mln from 8VC, 500 startups, Merus Capital, Compound.
Indio Technologies said it raised $6 million of Series A funding in a deal led by 8VC and joined by 500 startups, Merus Capital and Compound.
- Botkeeper picks up $4.5 mln seed
Botkeeper, an automated bookkeeping solutions provider, has raised $4.5 million in seed funding. Ignition Partners led the round. In conjunction with the funding, Ignition Partners’ Kellan Carter and Atlantis Technologies’ CEO Tom Biggins have been added to Botkeeper's board.