REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
smoope GmbH, a Stuttgart, Germany-based developer of a Business-To-Consumer communication solution, received a venture funding of undisclosed amount. Backers included High-Tech Gründerfonds (HTGF) and an unnamed business angel. The company intends to use the funds for staffing, setting up marketing/sales and technical development. Co-founded by Halil Mandal and Eleftherios Hatziioannou, Smoope provides a Mobile Customer […]
WheelRight Ltd, an Oxford, UK-based tyre monitoring company, raised £2.5m from Private equity fund manager Calculus Capital. The company intends to use the funds to commercialize its product. Founded in 2004 by John Catling and Michael Taylor, WheelRight develops and sells advanced remote tyre monitoring equipment, which accurately measures the pressure within a vehicle’s tyres […]
LayerBio, Inc., an Arlington, MA-based MIT spinoff developing novel drug delivery products, completed its first round of seed financing. The amount of the capital, which came from friends and family investors, was not disclosed. The company intends to use the proceeds to develop a novel sustained-release product for ophthalmology. Led by Dr. Ken Mandell, Founder […]
ABA English, a Barcelona, Spain-based online English platform, closed $3.4m in funding. Venture capital firm Nauta Capital made the investment. The company intends to use the funds to accelerate international expansion and launch new technology developments for mobile devices. Launched in 2013 by Javier Figarola, CEO, ABA English specializes in online English teaching using a […]
3rdKind Inc., a Tokyo, Japan-based mobile game publisher focused on Asia, closed $1m second funding round. Backers included Nippon Venture Capital (NVCC), Global Brain and Adways. The company intends to use the funds to strengthen its team, expand its games catalog and increase sales in Japan, China and South Korea. Founded in 2011 by CEO Taro […]
Genny Mobilty, a Lugano, Switzerland-based maker of a two-wheel self-balancing motor chair for the disabled, raised €3.0M in funding. Milan-based VAM Investments acquired a minority stake in the company via a dedicated investment vehicle. Following the deal, VAM Investments’ founder Marco Piana will serve as chairman of the board of Genny Mobility. The company intends […]
Ludi, Inc., a Chicago, IL-based provider of solutions for physician-hospital alignment strategies, closed a $1m Series A financing. The Martin Companies, a health care and technology focused investment firm in Nashville, Tennessee, financed the entire round. The company intends to use the funds to scale operations. Founded in 2012 by Gail Peace, President, Ludi provides […]
Matteo Stefanel, formerly at The Abraaj Group, and Udayan Goyal, Founder and Managing Partner at Anthemis Group SA, have launched Apis Partners, a private equity asset manager focused on Financial Services in growth markets. The firm’s Apis Growth Equity Fund will leverage an operating network consisting over 20 financial services professionals with presence in 5 countries, an […]
Kurbo Health, a San Francisco, and Palo Alto, CA-based provider of a program to tackle the childhood obesity epidemic using mobile tools, raised $5.8m in Series A funding. The round was led by Signia Venture Partners with participation from Data Collective, Bessemer Venture Partners and Promus Ventures, as well as Susan Wojcicki, CEO of YouTube, […]
Microsoft Corp. (Nasdaq: MSFT) and Akamai Technologies (Nasdaq: AKAM), a provider of cloud services for delivering, optimizing and securing online content and business applications, have teamed up with venture capital firm Jerusalem Venture Partners (JVP), to launch a cybersecurity accelerator. Located at the Microsoft Ventures Accelerator in Tel Aviv, the program offers professional sessions and active […]
Voyat, a NYC and Barcelona, Spain-based CRM platform for hotels, raised $1.8m in seed funding. Backers included Metamorphic Ventures, Eniac Ventures, BoxGroup as well as various strategic angel investors, including Brett Crosby, co-founder of Google Analytics. Founded in 2012 by Benjamin Habbel and Bob Lund, Voyat provides a smart customer relationship management (CRM) platform customized […]
Qualifacts Systems, Inc., a Nashville, Tenn.-based Software-as-a-Service electronic health record (EHR) provider for the behavioral health and human services industries, secured a majority investment from Great Hill Partners. The recapitalization, which was led by Great Hill Partners and existing Qualifacts management, will allow the company to accelerate product development and expand sales and marketing efforts, […]
Beyond Meat, an El Segundo, California-based company that re-creates meat from plants, completed a Series D financing round. According to a note, the round was the largest to date for the company. Anyways, the amount remained unknown. Backers included new investors DNS Capital, Taiwan’s Tsai Family, through its family office WTT Investment, and S2G Ventures, […]
Tokyo, Japan-based Exchange Corporation K.K., the provider of Paidy, a cardless e-commerce payment and instant credit service, closed a US$3.3m Series A funding. The round was led by Arbor Ventures, CyberAgent Ventures and Recruit Strategic Partners with participation from existing investors 500 Startups and Cherubic Ventures. The company will use the funding for product development, […]
WideOrbit Inc., a San Francisco, CA-based provider of advertising management software for media companies, acquired Admeta, a Sweden-based provider of solutions for digital programmatic sell-side platforms. This acquisition is part of WideOrbit’s commitment to expand its digital offering for major media companies and provide a comprehensive media management solutions globally for premium publishers. The financial terms […]