The Sberbank and Standard Bank-backed fintech developer has raised $12m to support international expansion, bringing its overall funding to more than $24m.
Month: October 2015
Deezer to chase $343m in IPO
The Access and Orange-backed music streaming service expects to float at the end of this month, with ProSiebenSat1 and several record labels to secure shares.
Corporates support $22m Minoryx series A
Minoryx has raised $22.1m from backers including Roche and Chiesi, and will look to advance its lead Orphan disease therapy through clinical testing.
PubNub sends series C extension memo
The communications platform increased its series C round to $25m, securing an additional $5m from investors including Robert Bosch.
Checkr investigates $30m series B
The Alphabet-backed background checking service is seeking to raise at least $30m in a round that will follow a $9m series A round last year.
Novo sides with Galera for $37m
Galera Therapeutics, which develops therapies to prevent side effects from cancer treatments, has completed a Novo-led series B round also featuring Novartis.
Kabbage proves itself healthy with $135m
Recruit and three financial services firms joined an investor base already including UPS and SoftBank, taking the lending marketplace’s funding to $240m altogether.
Everstring pulls IDG into $65m series B
IDG Ventures, a participant in Everstring’s series A round last year, is among the investors in a round that took its funding to almost $79m since 2012.
Optimizely to upgrade with $58m
The Google-backed website optimisation platform has added Salesforce, Citigroup and others to its list of shareholders, boosting its total funding to more than $146m.
CyPhy raises $22m to reach new heights
UPS has joined existing investor Motorola and several venture capital firms for drone manufacturer CyPhy Works’ series B round.
Google Ventures secures Gillett as EIR
Stephen Gillett, most recently cybersecurity company Symantec’s chief operating officer, has joined Google Ventures as one of its executives-in-residence.
Yunmake gets series A wheels spinning
The company has created a folding electric bike and will use the capital to support a full launch of the product.
Lin exits NGP to find the right Inflection
Annie Lin has left corporate venturing unit Nokia Growth Partners, where she served as vice president, for a role at digital identity management company Inflection.
A closer look at Mainport Innovation Fund II
Government House: We look at the importance of the Netherlands government backing Mainport Innovation’s second fund.