Enterprise health management startup Collective Health has added another $110 million to the coffers from existing high-profile investors such as Founders Fund and Alphabet’s investment arm GV, bringing the total now raised to a cool $230 million.
The structure is partially a follow-on from a previously unannounced C-1 for $30 million and another $80 million in Series D funding. New… Read More
from TechCrunch
It’s one thing to dispatch a drone when an accident happens to get an aerial overview of what’s happening on the ground, but you get far better situational awareness if you can use augmented reality (AR) to add the names of roads, the location of key personnel, cars and other assets to that view. That’s what Edgybees, a Santa Clara-based startup that current specializes in AR… Read More
from TechCrunch
Baidu’s iQiyi video division is set to become the latest Chinese tech company to go public in the U.S. after it filed to raise up to $1.5 billion via an IPO on the Nasdaq. The service was started in 2010 by search giant Baidu, which owns a dominant 70 percent of the company. Xiaomi (eight percent) and Hillhouse (six percent) are the other major names that have backed it. A… Read More
from TechCrunch
eBay is ramping up its presence in Japan via its latest investment in Asia. The U.S. online retail giant announced today that it has acquired the Japan-based business of pan-Asia e-commerce company Giosis, which is called Qoo10.jp, in an undisclosed deal. eBay originally set up Singapore-based Giosis in 2010 alongside Korea’s Gmarket, and as part of today’s deal it will give up… Read More
from TechCrunch
Kindred Capital, a London-based VC firm that has actually been up and running since 2015, is announcing that it has closed its first seed fund of £80 million, money it has already been deploying in around 20 tech startups throughout Europe over the last two years. Read More
from TechCrunch
Industrious, the WeWork competitor that launched in 2013, is today announcing the close of an $80 million Series C funding round. The financing was co-led by Riverwood Capital and Fifth Wall Ventures. Industrious thinks of itself as a more premium version of WeWork, offering coworking space and workplace services to some 35 locations across 25 cities nationwide. “Industrious is high… Read More
from TechCrunch
It was well-known that ex-Index VC Ophelia Brown was ‘doing a fund of her own’ after she departed Robin and Saul Klein’s LocalGlobe in April, the London-based seed investment firm where she was a General Partner. However, it wasn’t until last month that Blossom Capital, as Brown’s new firm is called, broke cover. As reported by Business Insider, Brown has teamed… Read More
from TechCrunch
Alibaba’s 2018 investment spree looks set to continue after it made a push to buy Ele.me, the food delivery startup from China that it has invested in, in full. Bloomberg reported yesterday that Alibaba plans to purchase the roughly-60 percent of Ele.me that it currently doesn’t own from the other investors, which include search giant Baidu. TechCrunch has confirmed that with… Read More
from TechCrunch
While the largest deal in the history of technology continues to hit a number of speed bumps, we’re now getting into the phase of very strongly-worded publicly-issued statements between the two companies as we get closer and closer to the annual meeting of stockholders in early March. Broadcom and Qualcomm, the former of which is trying to acquire the latter, are continuing to duke it out… Read More
from TechCrunch
500px, the photo-sharing site that once proposed to take on Flickr and Getty, has been acquired by Visual China Group (VCG), a strategic investor in 500px via previous financings. A publicly-traded image licensing company – and China’s Getty, so to speak – bought Corbis in 2016, and is now the world’s third-largest visual content provider.
It sees 500px, which has 13… Read More
from TechCrunch