MobiCart Raises £300K in Funding
MobiCart, a Newcastle upon Tyne, UK-based mobile commerce startup that allows developers to build and manage a storefront natively for iOS and Android or as a HTML5 app, has raised an additional £300k in funding.
October 2012
GroupNet Raises $40M in Funding
According to reports, Beijing Wangluo Tianxia Shenghuo Technology – in English GroupNet – a Chinese company that operates group buy sites QQ Tuan, Ftuan and Gaopeng, recently raised $40m in new funding. Backers were not known. The company intends to use the capital to acquire additional group buy sites. According to GroupNet CEO Lin Ning, […]
Pickie Raises $1M in Funding
Pickie, a New York City-based shopping app, has raised $1m in first funding. The round was led by DFJ Gotham Ventures, with participation from Betaworks, Liberty City Ventures, Bertelsmann Digital Media Investments, MESA+ and angel investors Jon Steinberg, David Tisch, and Steven Rosenblatt. Started in 2012 by CEO Sonia Sahney Nagar, formerly of Amazon, and […]
Sprooki Raises $480K in Seed Funding
Reports said today that Singapore-based Sprooki, a provider of mobile solutions for retailers to engage customers, raised $480k in seed funding. Backers include existing investor Get2Volume, and the National Research Foundation. Launched in October 2011 by MD Claire Mula, the company provides malls and retailers with shopper analytics and location-aware campaign management tools to send […]
LeadSift Raises $500K in Funding
LeadSift, a Halifax, Nova Scotia, Canada-based developer of software enabling sales and marketing professionals to identify, pursue and engage leads efficiently, has raised $500K in funding. The financing includes $250k from Innovacorp, and $250k from East Valley Ventures Inc., and angel investors. The company intends to use the funding for a closed beta launch early […]
Principia Biopharma Raises $12.5M
Principia Biopharma, Inc., a South San Francisco, CA-based biopharmaceutical company focused on advancing medicines in immunology, autoimmune diseases, and oncology, received its $12.5m second tranche of funding after meeting milestone obligations. Backers include existing investors New Leaf Venture Partners, OrbiMed Advisors, Morgenthaler Ventures, SROne and Mission Bay Capital. In February 2011, Principia had closed a […]
Vena Solutions Raises $3M in Funding
Vena Solutions, a Toronto, Ontario, Canada-based developer of advanced functionality for spreadsheet documents and processes, has raised $3m in funding. Backers include Klass Capital. The company intends to use the capital to hire new people (http://venasolutions.com/about-us/careers/) and continue to expand operations. Led by CEO Don Mal Vena Solutions provides a Spreadsheet Process Management solution featuring […]
Franco Bernabè Group Invests in Wadi Ventures
Franco Bernabè Group, a Family investment vehicle which mainly focuses on renewable energy and new technologies, recently made an investment of undisclosed amount in Wadi Ventures‘ first microseed fund. In conjuncton with the operation, Marco Norberto Bernabè has joined the firm’s management team. Bernabè holds a BA in business administration from Roma TRE University. He […]
Bidgely Raises $3M in Series A Funding
Bidgely, a Sunnyvale, CA-based provider of a web and mobile energy monitoring and management solution, has raised $3m in Series A funding. The investment came from Khosla Ventures. Incorporated in January 2011 by CEO Abhay Gupta, Bidgely has just launched its energy analytics platform that is designed to enable utilities to engage their residential consumers […]
iJento Raises $8M in Equity Funding
iJento, a London, UK-, Portland, Ore.- and Sydney, Australia-based provider of digital and multichannel customer intelligence solutions, today has raised $8m in equity funding. Backers include MMC Ventures, and existing investors Nauta Capital and Oxford Capital Partners. The company intends to use the capital to support its recent launch into the US market, its expansion […]
NTT DOCOMO Launches $125M Fund and Incubation Program
NTT DOCOMO, INC., a Japanese mobile operator and provider of integrated services centered on mobility listed on the Tokyo (9437), London (NDCM) and New York (DCM) stock exchanges, is launching a 10-billion-yen ($125m) fund and incubation program. The DOCOMO Innovation Fund and the DOCOMO Innovation Village incubation program, which will be established by March 31, […]
Cemmerce Raises $500K in Funding
According to reports, Cemmerce, a Raanana, Israel-based startup that provides an affiliate linking solution for publishers, has raised $500k in funding. The backer is existing investor Navitrio, a holding company designed to turn digital ideas into high-growth businesses, mainly in the US, which also invested $500k in the company in 2011. Led by co-founder and […]
Riidr Receives Investment from Schibsted
According to local reports (read here), Riidr, a Copenhagen, Denmark-based provider of a publishing platform for ebook readers, mobile apps and the web. has received an investment from media group Schibsted. The amount of the funding was not disclosed but it is known that Schibsted acquired a 10% stake in the company. Riidr intends to […]
Rebel Mouse Raises $2.5M in Seed Funding
Rebel Mouse, a NYC-based social aggregation startup, has raised $2.5m in seed funding. Backers include: Oak Investment Partners, First Round Capital Partners, SoftBank, NEA, betaworks, John Batelle, Chris Dixon, Greg Coleman, Gary Vaynerchuk, Howard Lindzon, Lerer Ventures, and Jonah Peretti. Founded in 2012 by Paul Berry, RebelMouse creates a social front page, building a dynamic […]
Crowdfunding, a Serious Option for Startups
Discussed, evangelized, criticized, beloved, obstacled, in the end, regulated: ladies and gentlemen please welcome crowdfunding! Equity or reward based, funding by the crowd is already a reality and used by several startups to fund their earlier phases of growth. Too difficult for them to either access to a bank debt or to get the support […]