Today’s Deals – Startup studio eFounders raises $5.3 million because it can’t get enough of SaaS

20458829531_612809b36e_o European startup studio eFounders is raising an additional $5.3 million (€5 million) from entrepreneurs and family offices. eFounders has been behind some very promising software-as-a-service startups, providing human and financial resources for the first year or so before the startups can go and do great things on their own. In exchange, the startup studio takes a significant portion of… Read More

from TechCrunch

Today’s Deals – Joe Lonsdale pours $4.55M for alcohol IoT startup Nectar

bar-sonar Nationally, bars today lose billions of dollars from improperly managed alcohol inventory. These losses add up quickly a result of oversized pours, spills and even theft. Nectar, a stealth connected device startup operating out of a Palo Alto dentists office (of all places), just locked down a $4.55 million seed funding round from the likes of Joe Lonsdale (8VC + Palantir), Lior Susan… Read More

from TechCrunch

Today’s Deals – Edtech startup Peergrade picks up backing from a supergroup of Nordic angels

shutterstock_340152863-peergrade Peergrade, a startup out of Denmark that enables students to grade each other’s work, has raised a modest $300k in seed funding. However, more newsworthy are its new backers. They comprise UK edtech accelerator Emerge Education, and Nordic Makers — which might be best described as a supergroup of Nordic angels. Read More

from TechCrunch

Today’s Deals – Design and prototyping tool Marvel scores £4M Series A led by BGF Ventures

marvel-web Hot in the heels of its acquisition of POP, design and prototyping platform Marvel is disclosing that it has raised £4 million in Series A funding. Leading the round is BGF Ventures, with participation from previous backers including Index Ventures, Connect Ventures, Inreach Ventures, Andy McLoughlin and Richard Fearn. Starting out life as a simple app for prototyping (or, really,… Read More

from TechCrunch

Today’s Deals – Breather raises $40 million for stylish workspaces on-demand

Breather-Flatiron2-1 A mobile app that lets users find and book stylish workspaces on-demand, Breather, raised a Series C round of $40 million. The funding brings Breather’s total capital raised to $73 million. Menlo Ventures led the round joined by Valar Ventures, RRE Ventures, Slow Ventures and Real Ventures. Menlo Ventures’ Managing Director Venky Ganesan told TechCrunch, in an e-mail, that… Read More

from TechCrunch

Today’s Deals – Heavy-hitting KKR just raised a $711 million tech growth fund

money cash KKR, the global investment firm, is announcing a $711 million close this morning on its KKR Next Generation Technology Growth Fund, which it plans to use to back growth-stage companies in the technology, media and telco industries in North America, Europe and Israel.
It’s a new product for the firm, though you might have seen its name crop up in a good many deals this past year… Read More

from TechCrunch

Today’s Deals – Pebble’s story, from Kickstarter sensation to Fitbit acquisition

peb_feat Pebble has had a long, one might say rocky road. As one of the earliest and biggest crowdfunding successes, it showed the potential and perils of hardware startups that were increasingly having to scale from back-of-napkin idea to a global operation almost overnight. Read More

from TechCrunch

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