Rabbit Internet, a joint venture between mass transit group BTS and investment firm Alpha Founders, has raised $9.1m that will go to building its consumer internet offerings.
Month: February 2016
IfOnly has series B wish come true
Existing shareholders including American Express Ventures and Advance Newhouse, have been joined by a range of new backers for a $10.25m round.
Zendrive gets in front seat with $13.5m series A
The driving analytics software provider will use the cash raised in the BMW-backed round to expand its team and strengthen its technology.
Wevr clears up to raise $25m
The virtual reality network operator has now accumulated almost $40m in financing, and attracted Samsung, HTC, Orange, Madison Wells and Digital Garage as backers.
Xpressbees buzzes series A wings for $8m
Xpressbees, the logistics arm of IDG-backed babycare retailer FirstCry, has attracted funding from Vertex Venture and SAIF Partners.
Pierre Fabre to back startups through innovation fund
The pharmaceutical group will invest in oncology and dermatology companies, startups and laboratories through the Pierre Fabre Fund for Innovation.
Capital One feeds Vast plans with $14m
Vast operates car and real estate marketplaces that exploit big data analytics to match buyers with the most suitable offerings.
Hired fulfils series C fundraising job with $40m
Return investor Comcast Ventures was among the backers in a Lumia Capital-led round that increased the recruitment marketplace’s total funding to about $73m.
Fuse Powered reaches its end
Marketing automation company Upsight has bought gaming ad monetisation platform Fuse Powered, giving an exit to Blackberry spinout Relay Ventures.
Pentalog joins TheFamily in $6.6m round
IT services firm Pentalog invested in accelerator TheFamily through its incubator unit, PentaLabbs.
Kainos discovers Cirdan Imaging in $5m round
Enterprise software supplier Kainos joined Bank of Ireland-backed Kernel Capital for medical diagnostics company Cirdan’s latest round.
Welcome the year of the monkey
For most of those on the Gregorian calendar it feels like the year has already been going on forever but a nice ebook of tech articles primarily from the first six months of last year from South China Morning Post shows the rapid rise of China’s technology giants, their founders, and the younger entrepreneurial startups and the… Continue reading Welcome the year of the monkey
Kraken wraps itself around SBI
Financial services group SBI led bitcoin exchange Kraken’s “multi-million dollar” series B round, which follows a $5m series A in 2014.
ThirdLove raises $8m in second funding round
The online lingerie retailer secured the funding after raising $5.6m in a Novel Group-backed seed round in 2013.