June 2015 – Page 10

GoGoVan moves $10m into series B

Logistics company GoGoVan has extended its Renren-backed series B by $10m, doubling the funding raised in the round.

Razer entertains idea of Ouya acquisition

Games console maker Ouya, backed by Nvidia and Alibaba, could be acquired by Razer for an undisclosed amount.

Illumina shines a light on Twist’s $37m series C

Twist Bioscience, a US-based biotechnology company focused on synthesising DNA, has closed a $37m series C round led by biotechnology company Illumina and featuring diversified financial conglomerate Fidelity Management and Research. Foresite Capital Management, and existing investors Tao Invest, Arch Venture Partners, Paladin Capital Group, Yuri Milner as well as a range of unnamed corporate… Continue reading Illumina shines a light on Twist’s $37m series C

Google helps teach Duolingo series D

Language learning app developer Duolingo has closed a $45m series D round featuring internet company Google.

Pax Labs vapes $46.7m

Fidelity has contributed to a series C round for the e-cigarette manufacturer.

SumUp adds series D funding

Groupon, BBVA, Tengelmann and American Express-backed mobile payments service SumUp has boosted its total funding to $45m.

Tile detects $3m series A extension

Tile, a US-based manufacturer of bluetooth tracking devices backed by internet portal Tencent, received a $3m extension for its series A round from Khosla Ventures yesterday, boosting the round to $12.5m. Tile disclosed a $9.5m initial tranche in October 2014, led by GGV Capital, when the company revealed it had secured a combined $13m in… Continue reading Tile detects $3m series A extension

GMO opens gateway to $65m

Japan-based internet services provider GMO Internet, which has a corporate venturing unit itself, has secured a ¥8bn ($65m) investment from conglomerate Mitsui’s banking subsidiary Mitsui Sumitomo, Tech in Asia reported earlier today. The funding will support GMO’s e-commerce payment service GMO Payment Gateway, and give startups using the service access to Mitsui’s 27 million customers… Continue reading GMO opens gateway to $65m

OurCrowd gathers $10m fund

Equity crowdfunding platform OurCrowd has launched a $10m fund targeting seed-stage companies.

Blue Apron cooks up $135m

Fidelity has led a $135m series D round for the cooking ingredients delivery service.

Spotify streams $526m series G

Sweden-based music streaming service Spotify has attracted a $115m investment from landline and mobile phone network operator TeliaSonera in return for a 1.4% stake. Although only TeliaSonera has revealed its investment so far, the full round is worth $526m and values Spotify at $8.53bn, sources have told technology news publication TechCrunch. Also according to TechCrunch,… Continue reading Spotify streams $526m series G

Month: June 2015