Online custom framing company Framebridge is continuing to take its market square on and is expanding growth with a Series B round of investment announced today. NEA and Revolution are back for a follow-up round, while SWaN & Legend Venture Partners are new in the picture for this round of funding. “We were attracted to how Framebridge has reinvigorated the custom framing industry… Read More
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Belgium’s Tricount offers an app to help groups of friends or couples share and settle expenses, and counts the likes of Splitwise, and Splittable as competitors. Read More
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Another day, another new European VC fund. This time it’s the turn of London-based Backed VC, which today is officially outing its €30 million pan-European seed-stage fund, although it’s been active since last year and has already made several investments. The aim, founding partner Andre de Haes tells me, is to bring a more “community-driven” approach to VC. Read More
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Mindie does with soundtracks what Instagram did with filters: it makes boring imagery interesting. And with the insane amount of video that teens are sharing, the music video making app seemed too useful to die when its creators shut down Mindie in December. So Mindie’s technology is getting dug out of its grave thanks to an acquisition by Shots, the selfie app turned comedy feed backed… Read More
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Helsinki-based mobile gaming startup Armada Interactive, which is still a way off from launching its first title, has closed a $3 million seed round. Investment is being led by Initial Capital, with participation from Index Ventures, PROfounders Capital, Backed VC, Reaktor Ventures, Sisu Game Ventures, Chris Lee, Reynir Hardarson, and Ben Feder. That’s a pretty decent line up for the… Read More
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DoorDash, for better or worse, has become an example of the 2016 VC funding environment. After reportedly failing to raise at a $1 billion valuation, the company had to settle for a flat round. So what happened, and how will it affect the company going forward — and other companies in the on-demand space, too? So we’re excited to announce that DoorDash CEO Tony Xu, along with… Read More
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Photo-editing app PicsArt wants to grow in China and Japan after getting $20 million in fresh funding from returning investor DCM Ventures and Siguler Guff & Company. Read More
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India’s pharmaceutical market is filled with generic options—but they don’t always save consumers money. In fact, some drugs are even more expensive than their branded counterparts. Created to give patients more power over their health costs, startup 1mg announced today that it has raised a $16 million Series B led by Maverick Capital Ventures, with participation from… Read More
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Barcelona-based Lodgify, which offers website builder software to enable vacation rental owners to build their own branded website and accept online bookings, has raised €1.4 million in funding. Read More
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As brick-and-mortar commerce continues to shift online – whether that’s to competitors like Amazon, through online ordering systems, or into instant delivery apps – traditional retailers are looking for new ways to accommodate a customer base that now wants the increased convenience that comes with not having to park their cars, then wander around the store, cart in hand. Case… Read More
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