Posted in ecommerce
Posts Tagged ‘investment’
Cashboard, an online wealth management startup based in Berlin, has closed 3 million in Series A funding. The round was led by Digital Space Ventures, with participation from existing investors Redalpine Capital, Earlybird, and 500 Startups.
BuzzFeed just announced that it has raised another $200 million from NBCUniversal. That might sound a little familiar, since the company raised a round of the same size last year.
The Climate Corporation (owned by Monsanto) has acquired Estonia-based farm management startup VitalFields. Terms of the deal remain undisclosed, although were told the VitalFields team will be joining The Climate Corporation.
The UK government has confirmed it will be borrowing to try to encourage investment in high speed fiber broadband networks and 5G technology with a plan to spend over 1BN by 2020-2021 to bolster the countrys digital infrastructure. Giving his Autumn Statement today, Chancellor Philip Hammond said:Our future transport, business and lifestyle needs will require world class digital infrastructure to underpin them.
Aventure fund formed by Sesame Workshop and New York-based Collaborative Fund early this yearhas made its first investment in a tutoring platform called Yup. Specifically, Yup (formerly known as MathCrunch) has raised $4 million in a seed extension round led by Collab+Sesame, in which Sesame Ventures is a limited partner, bringing the companys total capital raised to date to $7.5 million.
Nutmeg, the U.K. digital wealth manager (and an early entrant into the space), has picked up 30 million in further funding, bringing the total raised to just shy of 60 million over the last 5 years. Leading the round are Hong Kong-based independent financial advisory firm Convoy, which is investing 24 million.
Freespee, which these days calls itself a real-time conversation cloud technology company, has raised 9.25 million in Series B funding. French venture capital firm Ventech led the round, alongside existing investors Sunstone Capital and Inventure.
Israel-based equity crowdfunding platformOurCrowdis launching a sector specific fund fully focused on digital health touting it as Israels first fund with such a focus. The fund, called OurCrowd Qure, will invest in early stage startups at the seed and Series A level.Fundraising is starting now, with atarget of $50 million for the first raise.
Dublin and Berlin-based Internet of Things (IoT) startup Smartfrog has raised 20 million in further funding, meaning that the smart cam maker has managed to pull in 28 million in total despite only launching roughly a year ago. The latest investment breaks down into 15 million equity and 5 million debt financing.
Paris-based VC firm Daphni is announcing its inaugural fund for seed and Series A investments. The team will manage a $165 million fund (150 million) and try some new things when it comes to venture capital in Europe.