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MojiLaLa raises $1.5 mln in seed funding from Great Oaks, IVP's Dennis PhelpsMojiLaLa, a provider of an emoji and sticker database, announced that it has raised $1.5 million in seed-stage funding. investors include Great Oaks VC, betaworks ventures and IVP General Partner Dennis Phelps. MojiLaLa was in a recent batch of accelerator companies at 500 Startups.
- Home insurance startup Kin reels in $4 mln
Chicago and Miami-based home insurance startup Kin Insurance has secured $4 million in funding. The backers included Commerce Ventures, Omidyar Network, 500 Startups, Chicago Ventures and Portag3 Ventures.
500 Canada folding in wake of recent sexual misconduct allegations500 Startups Canada, the Canadian fund operation of Silicon Valley's 500 Startups, is folding and will not make any new investments as a result of recent sexual misconduct allegations involving co-founder Dave McClure, according to reports, including from the Canadian tech news site BetaKit. 500 Canada launched in March 2016 and was reportedly halfway to raising its US$30 million targeted fund when news of McClure’s conduct became public. McClure, under pressure for alleged inappropriate behaviour toward several women, resigned in early July from 500 Startups, which he co-founded seven years ago. In addition to serving as managing partner of the main fund, McClure also was listed as a partner on each of its microfunds, such as 500 Canada.
- 500 Canada folding in wake of recent sexual misconduct allegations involving Dave McClure
500 Canada, the Canadian fund operation of 500 Startups, is folding and will not make any new investments as a result of recent sexual misconduct allegations involving co-founder Dave McClure, according to reports, including from the Canadian tech news site BetaKit. 500 Canada launched in March 2016 and was reportedly halfway to raising its $30 million targeted fund when news of McClure's conduct became public.
- Datatron nabs $2.7 mln seed
San Francisco-based Datatron, a platform that allows businesses to merge real-time and historical data, has raised $2.7 million in seed funding, according to a spokesperson for the company. The investors include Start X, Credence Partners, Authentic Ventures, Enspire Partners, 500 Startups and Plug and Play.
