The accelerator will invest $18,000 in each cannabis-oriented company to pass through.
Author: Trisha Chowdhury
Mitsui reaches Pinnacle in series C round
Energy-efficient engine developer Pinnacle has raised $30m in a series C round that takes its overall funding past the $30m mark.
Colby pressed for development post at Emotient
Edward Colby, formerly a partner at venture firms Quadrille and Viventures, has taken up a position at Intel-backed Emotient.
Amazon posts first French investment with Colis Privé
E-commerce company Amazon has acquired a 25% stake in France-based package delivery company, Colis Privé for an undisclosed amount, according to le Journal du Net. The investment would be Amazon’s first in France. Amazon has been building and strengthening its logistics operations in the US and has been slowly expanding outside its home markets. Founded… Continue reading Amazon posts first French investment with Colis Privé
PMV adds Biogen Idec’s Holtzman to board
The biopharmaceutical startup is developing treatments for cancer and infectious diseases.
Lunbeckfond trusts gut for $13.9m Enterome round
The company, which develops treatments based on changes in the gut microbiome, has now raised $22m in total.
Sunfire hots up with ‘high seven-figure’ funding
German energy company Sunfire, developer of high-temperature fuel cells, has raised a ‘high seven-figure’ series B funding round from investors including Electranova Capital and Total Energy Ventures.
Spree Commerce raises $5m series A funding
AOL Ventures-backed e-commerce development platform Spree Commerce raises $5m series A funding led by Thrive Capital.
Naspers backs SimilarGroup
Israeli online intelligence company SimilarGroup has raised an undisclosed amount of series C round solely from South African multinational media group Naspers.
Percolate partners with WPP Digital
WPP Digital, the digital investment arm of WPP, has acquired a minority interest in US content marketing startup, Percolate, to support a strategic partnership.
Ordr.In looks for next course on SeedInvest
US restaurant ecommerce network, Ordr.In, backed by Google Ventures, has initiated a fundraising campaign on SeedInvest and aims to reach a total venture round goal of $400,000.
Knightscope moves for $1m
Knightcope has raised $1m seed funding from NTT DOCOMO Ventures and unnamed angel investors.
If You Can Company closes lid on $6.5m
Trip Hawkins’s educational gaming company If You Can Company, previously backed by investors including Maveron, has secured $6.5m series A funding.
Hickies steps into $4.2m
Hickies, US-based maker elastic lacing for shoes, has received an investment of $4.2m led by the Collaborative Fund and the unspecified venture arm of a global footwear brand.