Investors include Twitter, LinkedIn, and Venmo founders. : The cofounders of Locu, a startup that spun out of Sir Tim Berners-Lee's lab at MIT in 2011 and sold to GoDaddy for a reported $70 million two years later, are going back to their roots: allowing the little guy to take back control in a world of titanic, Internet data monsters.
At the seed stage, the best bets are startup founders who have an understanding of the risks and struggle ahead, says venture capitalist Josh Kopelman.
Elucidata Corporation, an India- and US-based data science startup, has raised $1.7 million in seed funding led by Hyperplane Venture Capital, the company said in a statement. The financing round also saw participation from several angel investors. Elucidata has been bootstrapped so far and has already achieved profitability, it said. Elucidata was founded in 2015 by IIT Mumbai graduate Abhishek Jha and IIT Delhi alumnus Swetabh Pathak. The Delhi- and Cambridge, Massachusetts-based company is focused on developing tools and software solutions for drug discovery.
When we look around at some of the Silicon Valley superstars, it's easy to wonder how they got here. Was it luck? Brute force? Wits? Charm? At Disrupt SF, Founders Fund partner Cyan Banister is going to tell her story, and it might not be the narrative you'd expect. Not everyone in Silicon Valley goes [...]
The acquisition will help Danlaw with a manufacturing base for products designed in-house as well as help with backward integration. The post India Dealbook: Danlaw buys Titan unit; Elucidata raises $1.7m seed funding appeared first on DealStreetAsia.
Bengaluru-based online product rental startup, RentSher has raised $1.1 Mn funding from Abu-Dhabi based venture capital fund Shorooq Investments and Dubai-based Latitude Consultants. Angel investors of the LetsVenture platform, a senior partner from McKinsey & Company's Middle East office, others from the UK, UAE and Saudi Arabia also participated in the latest funding round of [...] The post Online Product Rental Startup RentSher Raises $1.1 Mn From Abu Dhabi And Dubai-Based Investors appeared first on Inc42 Media.
Anup Jain, the newly appointed managing partner at Mumbai-based venture capital firm Orios Venture Partners, likes taking risks. If you don't take risks, you can't really come up with an innovation or idea that is perceptibly new and not just incremental, he believes. This is true -- the biggest risks result in the biggest payoffs. [...] The post MoneyBall: Orios Ventures' Anup Jain Is Gunning For 'Misfits' Among FMCG Startups appeared first on Inc42 Media.
We bring to you the latest edition of Funding Galore: Indian Startup Funding of the week. One of the biggest funding round this week in the Indian startup ecosystem was raised by the Gurugram-headquartered online lending startup Aye Finance. The company raised $21.7 Mn in Series C funding led by CapitalG, the growth-stage investment arm of [...] The post Funding Galore: Indian Startup Funding Of The Week [09-16 June 2018] appeared first on Inc42 Media.
Yc Alum Modern Health, A Startup Focused On Emotional Wellbeing, Gets $2.26m Seed Funding - Techcrunch
About one year ago, a note from a CEO thanking his employee for using sick days to take care of her mental health went viral. It was a reminder to Alyson Friedensohn of what she wants to accomplish with Modern Health, the emotional health benefits startup she founded last year with neuroscientist Erica Johnson. "We [...]
StellarAlgo, a Calgary-based sports and entertainment data analytics company, has raised $1 million in financing. The investors included Accelerate Fund II, an angel co-investment fund managed by Yaletown Pa [...]