The food-delivery-on-demand space continues to heat up in Europe. Today, Deliveroo, the London-based startup that at the end of September announced a Series F of $385 million at a valuation of over $2 billion, today announced it is adding another $98 million into the round, led by T. Rowe Price Associates and Fidelity Management & Research Company.… Continue reading Food delivery upstart Deliveroo adds $98M to its Series F, now totals $480M
Category: Fundings
Spotify acquires online music studio Soundtrap
Spotify has acquired online music studio startup Soundtrap, the company announced via a blog post this morning. The three year-old company is the maker of a cloud-based, collaborative music and podcast recording studio which includes its own collection of loops, as well as the ability to connect your instruments. The move signals Spotify’s intentions to not… Continue reading Spotify acquires online music studio Soundtrap
Stitch Fix set to raise $120M from downsized IPO
There’s been plenty of appetite for Stitch Fix’s upcoming NASDAQ listing, but concern around disappointing listings from Snap and Blue Apron may explain why the fashion e-commerce company has opted to slim down its IPO tomorrow. Stitch Fix stands to raise $120 million after it announced a lower than expected $15 share price and a reduced number… Continue reading Stitch Fix set to raise $120M from downsized IPO
Airbnb acquires ad tech startup AdBasis
It looks like accessibility isn’t the only thing that Airbnb wants to upgrade on its platform. On the same day that Airbnb announced that it acquired Accomable, an “Airbnb for disabled travellers”, it has emerged that it’s also made another small acquisition. Airbnb has acquired adtech startup AdBasis, which had built a platform and dashboard for… Continue reading Airbnb acquires ad tech startup AdBasis
Trocafone raises $15 million to expand its used electronics marketplace in emerging markets
Trocafone, the online marketplace for used electronics, has raised $15 million in new financing to expand its reach beyond Brazil and Argentina into other emerging markets. The company, which raised $7 million in a previous round of financing last year, said the new money came from Callfort, MIT Castor Ventures Fund, FJ Labs, Rocketship, Mercado… Continue reading Trocafone raises $15 million to expand its used electronics marketplace in emerging markets
Tencent reportedly invests $150M in cinema ticketing startup Maoyan
Tencent announced another impressive quarter of financials yesterday, but the Chinese internet giant — which is creeping towards a $500 billion market cap — made other financial moves this week. Reuters reported that the firm invested $150 million Chinese cinema ticketing startup Maoyan, which was created from a merger between dominant players Maoyan and Tencent-backed Weiying this… Continue reading Tencent reportedly invests $150M in cinema ticketing startup Maoyan
Roxy grabs $2.2 million seed investment to build Alexa-like voice devices customized for business
Some of the biggest names in technology are all in on voice-controlled devices like the Amazon Echo and Google Home, but Roxy, a Seattle-based startup believes that businesses need a voice system where they control the data and the voice commands are designed for their specific requirements. They announced $2.2 M in seed funding today.… Continue reading Roxy grabs $2.2 million seed investment to build Alexa-like voice devices customized for business
Kickstarter reboots its Patreon competitor, Drip
Kickstarter hasn’t done a lot with Drip since acquiring the service from the Ghostly International record label a year and a half ago. Since then, the site has mostly continued its mission of helping bands and labels fund their projects through a subscription-based plan, with little input from its new owners. Today, however, Kickstarter’s hitting… Continue reading Kickstarter reboots its Patreon competitor, Drip
Perkbox acquires digital rewards platform Loyalty Bay
Two companies are better than one: Perkbox, the U.K. startup that helps companies engage and reward employees and customers, has acquired London-based Loyalty Bay, which offers a SaaS platform for the automated delivery of digital rewards. Terms of the deal remain undisclosed, though I understand it was cash and Loyalty Bay’s backers have exited. The… Continue reading Perkbox acquires digital rewards platform Loyalty Bay
Qualcomm announces investment in Mobike and eight other Chinese startups
Qualcomm is continuing its charm offensive in China, a critical market where it has suffered hard blows in recent years including a $1 billion anti-trust fine, after it announced a flurry of new investments. These are chaotic times for Qualcomm, which is fielding unwanted acquisition interest from Broadcom and battling Apple in court, but today… Continue reading Qualcomm announces investment in Mobike and eight other Chinese startups