Kinduct Technologies, a Canada-based developer of human physical performance analysis software, has raised US$9m in a round led by Intel Capital, semiconductor technology provider Intel’s corporate venturing unit, The Chronicle Herald reported on Monday. The round, which also featured CFFI Ventures and Elysian Park Ventures, was disclosed as part of 12 Intel Capital investments, for which the unit provided a total of $38m in capital.
K4Connect, the US-based developer of a responsive system that can aid elderly and disabled users, secured $8m on Monday in a series A round led by Intel Capital and backed by RGAx, a subsidiary of reinsurance provider Reinsurance Group of America, and growth equity platform Traverse Venture Partners. Home improvement retailer Lowe’s, Sierra Ventures, Better Ventures and Stonehenge Growth Equity Partners, all of which took part in K4Connect’s $1.9m seed round in October 2015, also invested in the latest round.
Private equity firm First Quay Capital provided an undisclosed amount of funding for Alpha Payments Cloud, the Ireland-based operator of an online marketplace for payments, risk and commerce service providers, at a $250m valuation on Monday. The funding follows $12m in seed capital from unnamed investors in 2013 and a strategic investment of undisclosed size by financial services firm Wells Fargo’s Startup Accelerator in June this year.
Israel-based smart building sensor technology producer PointGrab received $7m in funding on Tuesday from investors including lighting product maker Philips Lighting, as well as ABB Technology Ventures and Mitsubishi UFJ Capital, the corporate venturing subsidiaries of power and automation equipment manufacturer ABB and financial services group MUFG. PointGrab previously raised $5m from ABB Technology Ventures, supply chain services firm Flextronics’ Flex Lab IX, EcoMachines Ventures and company chairman Saar Wilf in December 2015.
DemystData, a US-based developer of big data technology for the financial sector, raised $7m on Wednesday in a series B round led by venture capital firm MissionOG and backed by Singtel Innov8, the corporate venturing vehicle for telecom firm Singapore Telecommunications, and VC fund Notion Capital. The round followed a $5m series A in 2014 featuring SingTel Innov8, Notion Capital, P2P Equity Partners, angel investor Errol Damelin and Arbor Ventures, the latter of which had taken part in a round of undisclosed size in 2012 with Accion.
US-based television engagement technology developer TVision secured $6.8m in series A funding on Wednesday from Itochu Technology Ventures, the corporate venturing subsidiary of trading group Itochu, as well as Accomplice, Golden Venture Partners, Jump Capital and Project 11 Ventures. TVision had previously raised $2.2m in a December 2015 seed round backed by Project 11 Ventures, Golden Venture Partners, Sigma Prime Ventures and Boss Syndicate.
Intel Capital led a series A round of undisclosed size for US-based spatial headphone audio technology startup Dysonics on Monday that included Rawah Partners, which had previously led a $750,000 round for Dysonics in 2012. The company, which had also raised $420,000 in equity financing in 2013 according to a regulatory filing, will use the series A cash for marketing, research and product development.
US-based robotics software developer Perrone Robotics received an undisclosed amount of funding from Intel Capital on Monday as part of a strategic partnership whereby they will collaborate on technical, marketing and sales activities. Perrone has built a platform that enables users to produce applications for autonomous vehicles and robotics, and it will work with Intel’s portfolio of automotive assets.
France-based data management software provider OpenDataSoft secured $5.5m in series A financing on Tuesday from Salesforce Ventures, the corporate venturing subsidiary of enterprise software provider Salesforce.com, as well as venture capital fund Aurinvest and Aster Capital, the VC firm backed by corporates Alstom, Schneider Electric and Solvay. Aurinvest had already provided $1.6m in funding for OpenDataSoft in July 2015.
US-based online retail management software developer Brickwork raised $5m on Wednesday in a series A round led by Safeguard Scientifics that included Recruit Strategic Partners, the corporate venturing arm of human resources provider Recruit. The round also included Advancit Capital, Beanstalk Ventures, Cowboy Ventures and Forerunner Ventures, the four investors that provided an undisclosed amount of seed funding for Brickwork in 2014.
Super League Gaming, the US-based operator of a live video game league, received $5m in funding on Wednesday from eSports holding company Axiomatic and VC firm Toba Capital. The startup had previously secured funding from cinema chain Cinemark USA as well as a fund managed by telecommunications and internet group SoftBank, and investment firm Quadrant Management, and plans to launch additional tournaments centred on the game Minecraft in the upcoming weeks.
Aviation group JetBlue Airways paid an undisclosed amount on Tuesday for a minority stake in Jetsuite, the US-based operator of a charter jet service. The investment, which follows $7m of funding from Tony Hsieh, CEO of online clothing retailer Zappos, in 2011, will support the expansion of the company’s JetSuiteX public charter service, which enables customers to buy individual seats on small aircraft for trips in Nevada and California.
Japan-based smart home technology startup Homma has raised $4.1m in seed capital from investors including architectural firm KMDW and multicorporate-backed venture capital fund B Dash Ventures, The Bridge has reported. The round was filled out by Mistletoe, Genuine Startups, 500 Startups Japan, East Ventures, Draper Nexus and angel investors including Hiroshi Mikitani, Tomohito Ebine, Shintaro Yamada, Hirokazu Mashita, Hiroaki Yasutake, Kotaro Chiba and Masi Oka.
Intimates Online, the US-based operator of boutique lingerie brand Lively, has received $4m in a seed round led by VC firm GGV Capital that included lingerie supplier Gelmart International and undisclosed angel investors, TechCrunch reported on Tuesday. The funding will support marketing, the growth of Lively’s team and the development of a mobile app as the company prepares to expand into adjacent sectors like loungewear, swimwear or active wear.
Mortgage provider Guaranteed Rate has led a $4m round for TurboAppeal, a US-based startup that has built a software platform that simplifies the process of appealing property taxes, the Chicago Tribune has reported. The round included real estate listings platform @properties and Hyde Park Venture Partners, and came after TurboAppeal closed $3.2m in seed funding from KGC Capital, Hyde Park Venture Partners, Hyde Park Angels and angel investor Gary Holdren in January this year.
RackN, the US-based developer of an IT infrastructure lifecycle management platform, has received an undisclosed amount of seed funding from networking equipment maker Juniper Networks and VC firms SK Ventures and Evo Venture Partners. The startup plans to spend the capital on expanding its marketing and fulfilling its customer roadmap.
Expedient Healthcare, the India-based operator of health testing service Healthians, has secured Rs 200m ($3m) in a round that included internet company Digital Garage and e-commerce firm Beenos, the Economic Times reported on Monday. Beenext led the round, which included YouWeCan Ventures and angel investors Aprameya Radhakrishna and Subramanya SV, and which increased the startup’s total funding to Rs 230m.
US-based healthy pasta product maker Pasta Chips raised $3m on Tuesday from Emil Capital Partners, a corporate venturing subsidiary of retail group Tengelmann, as well as Silas Capital and Advantage Capital Agribusiness Partners, which invests as a partnership between investment adviser Advantage Capital and nine Farm Credit organisations. Silas had previously invested an undisclosed amount in Pasta Chips in May 2015.
Digital Grid, the Japan-headquartered operator of Africa-based off-grid solar service Wassha, has received ¥300m ($2.8m) in funding from governmental agency Japan International Cooperation Agency as part of a $3.8m series B, The Bridge has reported. The investment follows $7.7m of series A capital from energy utility J-Power, University of Tokyo Edge Capital, Development Bank of Japan and Innovative Venture Fund, the joint venture initiated by Japanese corporates NEC Corporation and Sumitomo, according to The Bridge.
Conglomerate Reliance Industries will acquire a stake of undisclosed size in India-based online travel platform Yatra.com as part of a business agreement, TechCircle reported on Monday. Yatra, which plans to go public by merging with a US-listed special purpose vehicle, has raised about $125m from investors including Reliance subsidiaries Network 18 and Reliance Capital, as well as semiconductor technology producer Intel, and media and data firm International Data Group.
BBG, a female-focused VC fund owned by mass media operator AOL, took part in a $2.25m funding round for Winnie, the US-based developer of a location-based parental information app, on Wednesday. Homebrew led the round, which included Kleiner Perkins Caufield & Byers, Ludlow Ventures, Flight Ventures, Deep Fork Capital, #Angels and undisclosed angel investors.
Spain-based schizophrenia treatment developer Iproteos raised €1.5m ($1.6m) on Tuesday in a round led by Caixa Capital Risc, the VC subsidiary of financial services firm La Caixa, and backed by life sciences company Ascil Biopharm and investment firm Kinled Holding. The capital will support the regulatory preclinical phase of development of the company’s first drug candidate.
Wellthy, the US-based developer of an online platform for home care providers and services, has received $2m from a consortium including media group Hearst, Forbes has reported. The round also included Sweet Capital, HBS Alumni Angels, Aspiration Growth Ventures and angel investor Jonathan Bush.
UK-based commercial property marketplace Property.Works has completed a £1.5m ($1.8m) seed round featuring real estate firm M7 Real Estate, Passion Capital and angel investor Robert Orr, Tech City News reported yesterday. The startup plans to use the capital to scale its service, which provides a platform for businesses with empty commercial space to market it online.
Occasion, a US-based developer of social and event-based calendar software, has secured $1.25m in a round led by Hyde Park Angels that included Bluestein & Associates and angel investors Marcin Kleczynski and Patrick Spain, ChicagoInno reported on Tuesday. It will use the funding to boost its six-strong team with a developer, a sales representative and a success manager as it moves to a larger office and invests in marketing.
US-based predictive marketing software startup CaliberMind closed a $1.1m seed round on Wednesday that was backed by CEB Ventures, the venture arm of consulting firm CEB, as well as Meritage Funds, PV Ventures and Crawley Ventures. Calibermind will use the capital to expand its data science team and grow its sales activities.
Athletic apparel producer Reebok, startup studio Science and unnamed angel investors have invested $1m in Handstand, the US-based operator of an online marketplace for personal trainers and fitness classes. Reebok provided its share of the money as part of a strategic partnership that will give all Handstand’s trainers access to ReebokOne, its network of fitness instructors.
Idea Bubbles Consulting Services, the India-based operator of a medical information platform for physicians and patients, has raised $700,000 from investors including cleaning and purification product supplier Eureka Forbes and its parent company, conglomerate Shapoorji Pallonji Group, VCCircle reported on Wednesday. The round also included crowdfunding platform 1Crowd.