Private Equity
San Mateo, California-based Brilliant, provider of smart home automation products, said it raised $21 million in a Series A round of funding. August Capital led the round, which included Miramar Ventures, The Box Group and the Stanford-StartX Fund. As part of the investment, August Capital General Partner David Hornik has joined the board.
1 min read · 11 October 2017
Ometria has raised $6 million in series A funding. Strategic investors include Summit Action, Sonae IM and Samos Investments and Adjuvo. Also taking part in the round were: Sir George Buckley, chairman of Black & Decker; Lance Batchelor, CEO of Saga and ex-MD of Amazon; Alan Parker, chairman of Mothercare; and, Matt Cooper, chairman at Octopus Investments. Existing investors also contributed, including fifteen original angels, as did SaatchInvest and Force Over Mass Capital. Ometria provides an AI-powered customer marketing platform.
3 min read · 11 October 2017
Indian ride-hailing firm Ola has raised $1.1 billion from investors led by China’s Tencent Holdings and Japan’s SoftBank Group and is in advanced talks with other investors for another $1 billion, Reuters reported.
2 min read · 11 October 2017
The Netherlands-based Withlocals, provider of a marketplace for personalized travel experiences, announced it has raised $4.1 million in Series A funding. Inkef Capital led the round. Part of the funding will be used for expansion, including in New York and San Francisco. Founded in 2013, about 40 percent of Withlocals’ bookings are from North America. "The fact that Withlocals is an online marketplace means that the business model is extremely scalable from an internationalization point of view and it is rather straightforward to actually target the American travelers," said Kyang Yung, a director at Inkef Capital.
1 min read · 11 October 2017
Impossible Objects, a provider of 3D printing technology, has raised $6.4 million in Series A funding. OCA Ventures led the round with participation from IDEA Fund Partners, Mason Avenue Investments, Huizenga Capital Management and Inflection Equity Partners.
1 min read · 10 October 2017
Los Angeles-based Vyng, a mobile conversation startup, has raised close to $3 million in seed round funding. The investors included March Capital Partners, BAM Ventures, HOF Capital and Inspiration Ventures.
1 min read · 10 October 2017
Hive, a collaboration platform for teams, has raised $4 million in funding. Vocap Investment Partners led the round with participation from other investors that included Rembrandt Venture Partners and Tribeca Venture Partners.
1 min read · 10 October 2017
Microsoft Ventures has teamed up with Madrona Venture Group, Notion Capital and Vertex Ventures Israel to launch Innovate.AI, a global competition focused on discovering emerging startups harnessing artificial intelligence. The total tally of the various awards will be $3.5 million in venture funding and $2 million in Azure credits. Submissions will be accepted from October 10, 2017 to December 31, 2017 and open across three regions: Europe, Israel, and North America (Canada, Mexico and U.S.). Only startups that have raised less than $4 million in funding are eligible to apply.
5 min read · 10 October 2017
Seattle-based GrowLife Inc, an indoor cultivation service provider, has secured an undisclosed amount of funding. The investor was Chicago Venture Partners.
1 min read · 10 October 2017
Avizia has acquired Seattle-based Carena, a virtual care provider. No financial terms were disclosed. Carena's backers included Cambia Health Solutions, McKesson Ventures and Catholic Health Initiatives.
3 min read · 10 October 2017
