Investment Data

 Spain’s Glovo, which operates a local on-demand delivery service similar to Postmates in the US, or Jinn and Quiqup in the UK, has acquired Italy’s Foodinho. Read More

from TechCrunch

 Knowre, a Seoul-based learning app developer, has taken a big step forward in its American expansion plans. The company announced today that its math programs, which gives kids personalized recommendations, will be used in Sylvan Learning tutoring centers. Sylvan is the largest paid tutoring company in the U.S. by market share, with more than 800 locations. Read More

from TechCrunch

 Airware used to sell drone operating systems. Now it’s swiveling to sell the whole flying kit and caboodle: drone hardware, the software to control them, and the cloud where their data goes. It discovered that big enterprise companies didn’t know how to piece together drone systems themselves, so they were slow to adapting to the tech that could save them money and keep employees… Read More

from TechCrunch

 Garena, a Singapore-based company that makes mobile gaming, e-commerce, and payment apps, said today that it has raised a $170 million Series D. Read More

from TechCrunch

 “Ex-con” isn’t normally something you find on a founder’s resume. But Google employee Wael Ghonim went to jail for sparking the Egyptian Revolution. Now he might be wearing some golden handcuffs instead, as his startup Parlio just became Quora‘s first acquisition. Parlio’s goal was to spread knowledge — a similar mission to Quora. But rather than… Read More

from TechCrunch

 San Francisco-based Branch International, or Branch.co, raised $9.2 million to bring digital financial services to mobile phone users in Sub-Saharan Africa. Andreessen Horowitz led the Series A round.
Branch’s free-to-download Android app is a kind of “branchless bank for the next generation,” says founder and CEO Matt Flannery. Read More

from TechCrunch

 Expa, the startup studio led by foursquare cofounder Naveen Selvadurai and Uber cofounder Garrett Camp, has today announced the close of a $100 million fund that will go towards both Expa Studios and Expa Labs, a new incubator. Investors in the fund include Garrett Camp, TPG founder David Bonderman, Li Ka-Shing & Solina Chau, Google board member Ram Shriram, RIT Capital Partners,… Read More

from TechCrunch

 Gett, the on-demand taxi app looking to take on the likes of Uber, has just announced that it has launched a bid to acquire Radio Taxis in London. The deal would bring the total number of black cabs available to users to 11,500 black cabs, which is equivalent to half of all the licensed taxis in the city. The acquisition is still subject to shareholder approval. However, if it goes through… Read More

from TechCrunch

 If you live outside of China, it can be easy to forget that Alibaba’s business aspirations go far beyond e-commerce and into many aspects of daily life. This week, the company took another step toward building its health business by making an investment worth RMB 225 million (about $35 million) in a medical imaging company called Wanliyun Medical Information Technology. Read More

from TechCrunch

Foxconn’s proposed acquisition of Sharp, a deal that was sensationally put on hold last month after Sharp had announced it, has been completed today after both companies confirmed the agreement. Read More

from TechCrunch