Toy startup Lovevery just landed $20 million from investors like Google Ventures and the Chan Zuckerberg Initiative. The $28 billion toy industry is buzzing with high-tech battery-operated gadgets for kids. And yet, Silicon Valley investors, including Google Ventures and the Chan Zuckerberg Initiative (founded by Mark Zuckerberg and Priscilla Chan), have just invested in a startup called Lovevery that makes low-tech, old-school toys.
Electric bike-sharing startup Wheels said it has raised more than $50 million in its latest funding round led by venture capital firm DBL partners, as the company looks to expand into the U.S. and international markets.
CleverTap, an AI-powered customer lifecycle and user retention platform, on Tuesday said it has raised USD 35 million (over Rs 250 crore) in series C funding, led by existing investors Tiger Global Management and Sequoia India. This new funding increases CleverTap's external investment to USD 61 million since the beginning of 2019 a period that has seen the company's valuation more than double from USD 150 million to USD 385 million, a statement said.
One of London's biggest fintech unicorns is aiming to become Europe's most valuable fintech startup with an ambitious new funding round led by JPMorgan. Revolut is looking to bring in a $1.5 billion fundraise from JPMorgan, having hired the bank to manage a deal for the challenger bank over the coming months, sources close to the fintech firm told Business Insider. That fundraise could take the form of a $500 million equity raise and a $1 billion convertible loan -- which would give the startup a valuation of between $5 to $10 billion.
CleverTap, a startup developing cloud-based customer management and engagement tracking tools, has raised $35 million in funding. : Mountain View, California-based CleverTap, which develops cloud-based customer management and engagement tracking tools, today revealed that it recently closed a $35 million series C funding round at a valuation of $385 million -- over double its previous valuation of $150 million. Tiger Global Management and Sequoia India co-led the raise, which brings the startup's total raised to date to over $61 million following a $26 million series B in April and a $6 million round in November 2017.
Canada ranks third in venture capital dollars invested, but businesses that rely exclusively on the U.S. and other foreign funding in their series A round raise more money than Canadian-financed firms.
Algolia Finds $110M From Accel And Salesforce For Its Search-as-a-service, Used By Slack, Twitch And 8k Others - Techcrunch
Algolia, one of the group of startups that provides search as a service for websites and apps as an alternative to Google and other search engines, is announcing a major round of funding today to fuel its growth. The startup -- which already has over 8,000 customers, including big names like Twitch, Slack, Discovery and [...]
Cyteir Therapeutics Secures Additional $40.2M In Its Series B Financing And Doses First Patient In Phase 1/2 Study Of First-in-class Rad51 Inhibitor
LEXINGTON, Mass., Oct. 15, 2019 /PRNewswire/ -- Cyteir Therapeutics, a leader in the discovery and development of next-generation synthetic lethal therapies for cancer, today announced the close of an additional $40.2 million in the company's Series B financing, for a total of $75.2...