UK-based insurance giant Aviva has announced it’s buying a majority stake in robo investment startup, Wealthify. Read More
from TechCrunch
Author: Thomas Crown
Today’s Deals – Nick D’Aloisio, who sold startup to Yahoo aged 17, has raised funding for a new app
Nick D’Aloisio, who previously founded news summary app Summly, which he famously sold to Yahoo aged 17 for a reported $30 million, has raised funding for a new stealthy startup that promises to help you find and instantly chat to an expert on a range of topics. Read More
from TechCrunch
Today’s Deals – Zefo, an online store for secondhand goods, gets $9.2M Series B led by Sequoia India
Zefo, which bills itself as “India’s fastest growing used goods marketplace,” said today that it has raised $9.2 million in Series B funding. The round was led by returning investors Sequoia India and Helion Venture Partners, with participation by Beenext. Read More
from TechCrunch
Today’s Deals – 21Buttons, a social-commerce app dedicated to fashion, closes $10M Series A
21Buttons, a social-commerce app that lets fashion influencers share their wardrobe, has closed $10 million in Series A funding. The round is led by Kibo Ventures, and JME VC. Read More
from TechCrunch
Today’s Deals – Apple ‘acqui-hired’ the team from messaging assistant Init.ai to work on Siri
Earlier this week, a small startup called Init.ai announced that it soon would be discontinuing its service — a smart assistant for customer representatives to parse and get better insights from their interactions with users, as well as automate some of the interactions — because the team was (according to a notice on the site) “joining a project that touches the lives of… Read More
from TechCrunch
Today’s Deals – Bluecore marketing automation platform raises $35 million in Series C
Bluecore, the automated marketing platform for ecommerce brands, has today announced the close of a $35 million Series C round of funding. Norwest Venture Partners led the round, with participation from existing investors including Georgian Partners, FirstMark Capital, and Felicis Ventures. As part of the deal, NVP’s Scott Beechuk will join the board of directors at Bluecore. When… Read More
from TechCrunch
Today’s Deals – European on-demand delivery startup Glovo raises €30 million Series B
Late last month, Spanish media got wind that the Barcelona-based on-demand delivery app Glovo had closed Series B funding, but now the company is making the news official. The startup, which offers a service similar to Postmates in the U.S., has raised a €30 million round led by Rakuten Capital, and Cathay Innovation. Existing investors Seaya Ventures, Entreé Capital, Caixa Capital Risk,… Read More
from TechCrunch
Today’s Deals – The new age of ICOs is here, and it’s not based on Ethereum
ICOs are said to be the new way to raise money. We’ve seen companies raising millions by selling tokens. Against the money raised, the tokens they gave were created and sold on the Ethereum blockchain — meaning that all the trade happened on the Ethereum blockchain and the tokens created are tracked on the Ethereum blockchain. But that is changing. Read More
from TechCrunch
Today’s Deals – Amazon has acquired 3D body model startup, Body Labs, for $50M-$70M
TechCrunch has learned that Amazon has acquired Body Labs, a company with a stated aim of creating true-to-life 3D body models to support various b2b software applications — such as virtually trying on clothes or photorealistic avatars for gaming. Read More
from TechCrunch
Today’s Deals – Drug discovery startup Recursion raises $60 million in Series B from Data Collective
Recursion, a drug discovery startup out of Salt Lake City, Utah has announced a $60 million Series B round, led by Data Collective (DCVC). Recursion started out in 2014 on a mission to identify one-hundred new treatments in 10 years. That’s a lofty goal, considering the discovery for just one drug can traditionally take decades and tens of millions of dollars, with a high rate of… Read More
from TechCrunch