Category: Fundings

Funding for Southeast Asia’s car trading platforms is like buses. After a long wait without news, a third startup has raised funding in the space of a month. Carsome, a Malaysia-based company that also operates in Singapore, Indonesia and Thailand, announced today it has raised a $19 million Series B round just weeks after smaller… Continue reading Carsome raises $19M for its used-car sales platform in Southeast Asia

Atom Tickets, an app that combines online movie ticket booking with social features, said today that it has raised a $60 million Series C led by Fidelity Investments, with participation from returning investors Lionsgate, Disney and Twentieth Century Fox Film. All three studios contributed to Atom Tickets’ $50 million Series B, which was announced two… Continue reading Atom Tickets raises $60M Series C for its movie booking app

SolarisBank, the Berlin-based “banking platform” co-founded by fintech company builder Finleap, appears to be on quite a roll. The company, which now claims nearly 60 corporate clients who offer various financial services powered by solarisBank, has closed €56.6 million in Series B funding in a round that includes a number of new strategic and financial… Continue reading Banking platform solarisBank closes €56.6M Series B from BBVA, Visa, Lakestar, and others

The Fabric, an early-stage investment company developing new infrastructure technologies, has raised $15 million for its third investment vehicle. Announced at the Montgomery Summit in Santa Monica, Calif., the new financing came from Verizon Ventures (the investment arm of TechCrunch’s parent company’s parent company) and March Capital Partners, a Los Angeles-based venture capital firm. The… Continue reading Technology infrastructure launchpad The Fabric raises $15 million

It turns out that some employees spend more when they can expense it on a corporate card. But some companies are finding that five-star hotels and fancy dinners can add up when it’s for hundreds or thousands of workers. Several startups have emerged to save corporations money, by rewarding employees with cash and gift cards… Continue reading TripActions raises $51 million to reward employees who spend less on travel

Wyoming, a wide-open state with plenty of free wind power, is continuing to be a surprising leader in cryptocurrency legislation. To wit: their recent passing of H.B. No. 0070, a bill that allows the sale of “open Blockchain tokens” to be exempt from regulation and money sending legislation. These tokens are very specific in their… Continue reading Wyoming works to make some crypto tokens exempt from regulation

Fishbrain, the Sweden-made mobile app and social network for sport fishing, is disclosing $13.5 million in Series B funding. The round is led by B Capital Group, the VC fund founded by Facebook co-founder Eduardo Saverin, with participation from SoftBank Ventures Korea, and existing investors Northzone, and Industrifonden. The new cash injection, which brings total… Continue reading Fishbrain, the fishing app and social network, raises $13.5M Series B

S&P Global announced today that it will acquire Kensho, a Cambridge, Massachusetts startup that has concentrated on artificial intelligence and analytics for big financial institutions. The total value of the deal is $550 million in a mix of cash and stock. Kensho, which counted S&P Global as a client/partner and an investor, launched in 2013 and… Continue reading S&P Global snares Kensho for $550 million

Atomwise, which uses deep learning to shorten the process of discovering new drugs, has raised a $45 million Series A. The round was led by Monsanto Growth Ventures, Data Collective (DCVC) and B Capital Group. Baidu Ventures, Tencent and Dolby Family Ventures, which are all new investors in Atomwise, also participated, as well as returning… Continue reading Atomwise, which uses AI to improve drug discovery, raises $45M Series A

It seems that everyone agrees that meetings are a time suck. There have been many attempts to use technology to make it easier to organize and run them, but Voicera, a Bay area startup, is attacking the problem from a different angle. It wants to make it simpler to record meetings and pull out action items… Continue reading Voicera lands $20 million with help from big-time enterprise investors