Israeli startup Zeek, whose app lets you buy and sell unwanted store gift vouchers, has closed $9.5 million in Series B funding. The round was led by Scale-Up Venture Capital, with participation from long list of additional investors, some of which contributed to the company’s Series A early last year. They include Blumberg Capital, Qualcomm Incorporated (via its venture investment… Read More
from TechCrunch
Tracking your period, peeing on a stick and carrying around a thermometer have been the dominant technologies over the past 20 years to help families conceive. If it sounds outdated, that’s because it is. TechCrunch Disrupt Startup Battlefield alum Ava is hoping to change that with a wearable that helps couples pinpoint when a woman is in her fertile window and the time is right to… Read More
from TechCrunch
With an IPO on the horizon, subprime lender Elevate will have an additional $545 million credit faculty to support its growing customers. Elevate’s niche right now is providing loans to borrowers with creditscores between 575 and 625. As the company expands, it wants to provide loans to customers with even lower credit-scores. Ken Rees, CEO of Elevate, is quick to note that 65 percent… Read More
from TechCrunch
A Tel Aviv-based startup called Propsera has raised $7 million in new venture funding to build out systems that will monitor and help farmers improve the health of their crops, and optimize their operations. Bessemer Venture Partners led the Series A round. Prospera CEO and co-founder Daniel Koppel said agriculture professionals have plenty of tech at their disposal today from soil and… Read More
from TechCrunch
Israeli startup Engie wants to crack open the auto-repair industry with a combination of hardware and software to enable you to better understand the health of your car, tied to a more transparent marketplace for local mechanics. Read More
from TechCrunch
Reflect, a Portland, Oregon-based data visualization service, today announced that it has raised $2.5 million on an oversubscribed seed round led by Draper Fisher Jurvetson. Other participants in this round include Founders’ Co-Op, Liquid 2 Ventures (Joe Montana’s investment vehicle), Techstars, Stanford University and a number of angel investors, including Parse co-founder Ilya… Read More
from TechCrunch
Acalvio Technologies, a new start-up made up of cybersecurity veterans, is emerging from some two years of stealth with $17 million in combined series A and B funding and a security product which the team claims leapfrogs existing solutions. The founders believe, and indeed the company is built around the idea, that cybersecurity needs a bit of a reboot. Read More
from TechCrunch
Some more movement and consolidation is afoot in the on-demand transportation industry, specifically in Europe. Today, Hailo is announcing that it has sold 60% of its company to Mercedes-Benz owner Daimler, and Hailo will merge its and rebrand its operations under MyTaxi, another on-demand ride-sharing company that was acquired by Daimler subsidiary Moovel in 2014. The merged… Read More
from TechCrunch
Finally, Rocket Internet has managed to sell Jabong, its fashion e-commerce site in India, after more than a year of speculation. Myntra, the fashion portal which itself is owned by Flipkart, has stepped up and acquired the company in a deal announced today. Read More
from TechCrunch
Singapore-based media company E27 has closed a SG$3 million (US$2.2 million) Series A round as it looks to grow its tech-focused news website and events business. Read More
from TechCrunch