BuddyGuard raises €3.4M for its home security camera powered by AI
BuddyGuard, the Berlin startup behind the Flare AI-powered home security camera, has raised €3.4 million in new funding, money it plans to use to ramp up marketing of the newly-launched device. Leading the round is German electrical specialist Bachmann Group, with participation from over 20 unnamed angel investors across Europe. Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/B0TM9UWprGw/
Genetic testing startup Prenetics gets $40M from investors, including Alibaba’s Hong Kong fund
Prenetics, a genetic testing startup, plans to expand into more Asian countries after raising a $40 million Series B led by Beyond Ventures and Alibaba Hong Kong Entrepreneurs Fund. Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/7Tqj_6pcfjw/
Barry Diller takes shots at VCs, startup valuations
Media mogul and IAC chairman Barry Diller had some choice words for venture capitalists when he took the stage at WSJ D.Live in Laguna Beach on Tuesday. “These valuations don’t bear reality,” said Diller, speaking about the high multiples that some startups are generating. “They’re truly made up.” Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/0ol2cBDMUhE/
Magic Leap confirms $502 million Series D round
Mixed reality slash augmented reality startup Magic Leap announced today that it raised a $502 million Series D round led by Temasek with participation from EDBI, Grupo Globo, Janus Henderson, Alibaba Group, Fidelity Management and others. Just last week, a Delaware filing confirmed that Magic Leap authorized up to $1 billion in new shares. Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/UPJ46llNJsk/
One of the leading environmentalists among Hollywood’s leading men, Leonardo DiCaprio, has added his name to the list of backers for the beef-less, veggie burger maker, Beyond Meat. “I am thrilled to officially welcome Leonardo DiCaprio to the Beyond Meat family,” said Ethan Brown, the chief executive of Beyond Meat, in a statement. “His investment and role as an… Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/bKxneC1R1f8/
Credit giant Experian leads $30M investment in India’s BankBazaar
Indian credit marketplace BankBazaar has pulled in $30 million in fresh funding led by Experian, the London-headquartered credit giant with a £14 billion ($18 billion) market cap. BankBazaar seems to have a penchant for big name backers. Amazon led its $60 million Series C funding in 2015 while Experian is the main investor behind this Series D raise. The company didn’t specific the… Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/pg30v9Xf_tA/
Feedzai closes $50M Series C to help banks and merchants identify fraud with AI
Feedzai is announcing a $50 million Series C this morning led by an unnamed VC with additional capital from Sapphire Ventures. The six year old startup builds machine learning tools to help banks and merchants spot payment fraud. In today’s rapidly maturing world of fintech, Feedzai is trying to thread the needle between turnkey solution and customizable platform. With 60 clients… Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/1hBp3fLk7gw/
Spotahome raises €13.6M to let you view and book mid to long-term accommodation online
Spotahome, a Madrid-based startup that lets you view and book mid to long-term accommodation online, has closed €13.6 million in Series A backing. This brings the total raised to €20.7 million since the ‘proptech’ company was founded in 2014. Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/q7eEQ1Yrjvk/
Facebook acquires anonymous teen compliment app tbh, will let it run
Facebook wants tbh to be its next Instagram. Today, Facebook announced it’s acquiring positivity-focused polling startup tbh and will allow it to operate somewhat independently with its own brand. Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/yGNFK-7C4D8/
MIT’s The Engine wants to fuel bold tech ideas in Boston
Boston and its surrounding universities are jam-packed with big ideas, but the problem is that many of them never get out of the lab. MIT president Rafael Reif recognized this and decided the city needed an engine to push those ideas and The Engine — part venture capital firm, part business incubator — was born. When smart people are working on hard problems inside a lab, they… Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/y2o_9ldqyQo/
LimeBike raises $50M to further its bike-sharing ambitions
LimeBike, one of several companies competing in the rapidly expanding bike-sharing space, has raised a $50 million C round to continue building out the operation. The company is also looking into ways to differentiate itself from the competition — including the two 900-pound Chinese gorillas in the industry, Ofo and Mobike. Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/igmB6lc2amk/
Fandango is acquiring rival online ticketer MovieTickets.com
A consolidation in the advance movie ticketing space is happening today, with Fandango’s announcement that it’s acquiring rival MovieTickets.com for an undisclosed sum. The deal, which is expected to close before year-end, will help Fandango expand its international footprint, particularly in Latin America, as well as bring new cinemas to its ticketing platform. Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/ujrYRcLzi0k/
Social commerce startup Meesho gets $3.4M Series A to build a reseller network in India
While most of the attention paid to India’s e-commerce boom focuses on big players like Flipkart, there’s another fast-growing sector: people, mostly women, who resell items on social media. Several startups now exist to serve the so-called “housewife reseller” market. One of them, Y Combinator alum Meesho, announced today that it has raised a $3.4 million Series A led… Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/pN1pM4814EM/
CarGurus spikes 72% in auto marketplace IPO
Used-car marketplace CarGurus spiked more than 72 percent during its first day of trading. The Cambridge, Massachusetts-based company had raised more than $150 million after pricing its IPO at $16. By the end of trading Thursday, shares had gone up more than 72 percent, closing at $27.58. Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/QVz3z97jsxc/
After raising $16M in funding, CastBox plans to fix podcast discovery
More people than ever are listening to podcasts, but as they soon find out, discovering new ones is a cumbersome process that lacks the serendipity users take for granted in other apps. CastBox wants to fix that by becoming “the YouTube of audio.” Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/uf3JGsjApxA/
CarHopper raises $1.5 million to let travelers rent ultra luxurious cars
The sharing economy continues to bear fruit. CarHopper, a platform for luxury car rental, has raised a $1.5 million seed round to expand to new markets. CarHopper started as a peer-to-peer platform for luxury car owners to rent their rides to others. But in its infancy, the company realized there was a much bigger opportunity with small, local rental agencies that don’t have a strong… Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/d9AF6cMNeU8/
Music rights collection startup Kobalt adds another $14M at $789M valuation, Bill Maris joins board
When he was still at Google Ventures, Bill Maris led a round of funding into music royalty collecting startup Kobalt, to make one of the VC arms bigger bets in the world of digital music. Now that he’s moved on to start another firm, he’s taking a step to re-up his interests in the company. Today, Kobalt announced that Maris’ Section 32 has invested $14 million into Kobalt,… Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/_iOj1HSzwwc/
LocalGlobe-backed BuffaloGrid lets people charge their smartphone in off-grid locations
BuffaloGrid, a London and New Delhi startup that recently picked up backing from LocalGlobe and Kima Ventures, offers something akin to mobile phone charging as a service in remote parts of the world that are either without electricity or where power supply is sporadic. Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/4gv9rywBl2U/
ROSS Intelligence lands $8.7M Series A to speed up legal research with AI
Armed with an understanding of machine learning, ROSS Intelligence is going after LexisNexis and Thomson Reuters for ownership of legal research. The startup is announcing an $8.7 million Series A today led by iNovia Capital with participation from Comcast Ventures Catalyst Fund, Y Combinator Continuity Fund, Real Ventures, Dentons’ NextLaw Labs and angels. Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/XV_6JHP4PNc/
Icon Ventures raises its biggest fund ever, though just by a smidgen
Funds have been ballooning in size as more money continues to flood into Silicon Valley, looking for higher returns than can be found elsewhere. VCs also like raising progressively bigger funds because doing so gives them bragging rights. Now Icon Ventures has closed its sixth fund with $265 million in commitments — its largest fund to date. Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/gTUCeSFlkYA/ Source: https://techcrunch.com/
