The real estate loans marketplace, founded at the end of 2013, has now raised $15m in the past year.
Month: April 2015
GlaxoSmithKline prescribes series A for ZappRx
Prescription platform ZappRx has raised $5.6m in a series A round that has taken its overall funding to almost $9m.
Meican feeds on Dianping-led series C
The online food ordering platform has raised almost $23m in a round led by Dianping, which participated alongside investors including existing backer Nokia.
Kuaile Shidai receives $100m funding instalment
Game publisher Kunlun provided $62m of the cash raised by the startup, which enables users to pay for electronics and luxury goods through instalment plans.
Corporates commit $140m to New York fund
Celgene and Eli Lilly are putting up $140m of the $150m available for Early-Stage Life Sciences Funding Initiative, which will fund New York biotech startups.
Buttercoin runs out of cash
Bitcoin exchange platform Buttercoin, which raised a Google-backed seed round in 2013, will turn off its services by the end of the week.
Game over for OnLive
The game streaming service, backed by HTC, AT&T, Belgacom, BT and Autodesk, will shut down by the end of the month, and sell its patents to Sony.
Adaptimmune hopes to prove receptive to markets
The Novo and Immunocore-backed cancer treatment developer has targeted $150m from a Nasdaq IPO, filing seven months after a $104m series A round.
Comcast-backed Nebula shuts down
The cloud computing technology company had raised $38.5m but has closed citing delays in the maturation of the market.
Infraredx turns off IPO light
Corporate-backed cardiovascular imaging technology developer Infraredx has withdrawn a $55m initial public offering it filed for in December 2014.
Playground attracts corporates for $48m series A
Google, Hewlett-Packard, Tencent, Seagate and Hon Hai Precision Industry have combined to help invest in newly formed accelerator Playground.
FBS serves up education role for Rosenzweig
William Rosenzweig of Unilever-backed VC firm Physic Ventures is set to oversee a business school at The Culinary Institute of America.
Some “somewhat less-obvious ideas”
One of the arguments in favour of Jean-Claude Juncker as president of the European Commission is that he has attended probably more meetings than anyone else. This means, therefore, he likely knows how to appoint people to the right places to make a bureaucracy function in the way Dick Cheney, 46th vice-president of the US, did at the… Continue reading Some “somewhat less-obvious ideas”
University-industry pacts battle antibiotic resistance
An academic-industrial partnership published last January in the prestigious journal Nature the results of the development of antibiotic teixobactin. The reported work is still at an early preclinical stage but it is nevertheless good news. Over the last decades the introduction of new antibiotics has slowed down nearly to a halt and over the same period we have… Continue reading University-industry pacts battle antibiotic resistance