Series A Round

Peter Thiel-backed mobile banking startup N26 expands into insurance

European mobile-first bank N26 has announced that it is expanding into insurance in its latest move to reinvent banking.<p>Founded out of Germany in 2013, N26 offers bank accounts similar to those offered by BankMobile or Simple in the U.S., with a focus on speed and efficiency — an account can be …

Business (UK)

MetaBrite raises another $2.2M for receipt-scanning business intelligence platform

MetaBrite continues to see more demand for its technology platform and just raised more cash to help support the company’s growth.<p>The Seattle-based …

Startups

Startups HUG Innovations raises US $5 million in Series A funding in Hyderabad TiE event

<b>Hyderabad</b>: HUG Innovations, a technology startup has raised US $5 million in Series A funding at the Live Instant Funding organised at the second …

Startups

Sirius XM And Pandora: Thinking Longer Term

Sirius XM invests $480 million into Pandora.<p>Sirius XM will get three board seats, including chairman role.<p>Sirius XM will have 16% of Pandora.<p>It has …

Stocks

Vineti nets $13.75 mln Series A

<b>Vineti,</b> a cloud-based platform to expand patient access to life-saving cell and gene therapies, has secured $13.75 million in Series A funding. The …

Investing

Term Sheet — Friday, June 23

After Uber CEO Travis Kalanick was fired, one of the (many, many) takes on the news was that Uber’s business model is a bigger problem than its toxic …

Venture Capital

Construction tech company Aproplan closes €5 million Series A

Not so long ago the administration needed to run a major construction project relied almost entirely on pen, paper, excel spreadsheets and faxes. That has provided a huge opportunity for startups to take a stab at digitising the construction industry.<p>Brussels-based Aproplan, which bills itself as …

Construction

Term Sheet — Thursday, June 22

<i>This is the first of three stories in a series I’m calling “Corporate Innovation Tour.”</i><p>For the past few years, <i>Fortune</i> has been obsessed with the …

Venture Capital

Algorithmia raises $10.5M Series A round led by Google’s new AI fund

About a month ago, word spread that Google had quietly launched a new fund for investing into AI companies. Now this fund has made its first (or at least its first public) investment. Led by Google’s VP of engineering for AI, Anna Patterson, this new fund is leading a $10.5 million Series A into …

Startups

Steel Partners Preferred: 8.2% YTM

8.5-year maturity, 6% coupon.<p>20% of issue to be redeemed at par in January 2020.<p>The chairman/CEO is a major equity holder, and the company is well …

Stocks

Proteon secures $22M capital raise, funds sufficient to complete late-stage study of lead candidate vonapitase; shares ahead 14%

Proteon Therapeutics (PRTO +13.5%) inks an agreement with a syndicate of institutional investors for the direct sale of 22K shares of Series A …

Startups

Fynd Secures $2.4M in Funding Round Led by IIFL Seed Ventures; Closes Series A at $3.4M

Kae Capital, FJ Labs, Rocketship.VC, Singularity Ventures, GrowX, Axis Capital, Tracxn Labs and Venture Catalyst also participated in the Series A …

Startups

Dallas Startup Modern Message Set to Expand with $2M Investment

Dallas startup Modern Message plans to leverage its first institutional capital, a $2 million Series A round of funding, to grow its team and …

Startups

Sydney virtual reality startup Academy Xi secures $2.25 million in Series A round

Sydney-based virtual reality edutech startup Academy Xi has secured $2.25 million from Perle Ventures and Alium Capital a Series A funding round that …

Startups

EaseCentral Raises $6.5M in Series A

EaseCentral, an industry-leading SaaS platform solution for benefits & HR, today announced the closing of a $6.5 million Series A funding round led …

MyTutor raises £3M Series A led by Mobeus to attack UK tutor market

The online tutoring market in the US is well-developed. Varsity Tutors raised $50m; Wiseant $20m; Tutor.com sold to IAC and InstaEdu was recently bought out. So it makes sense that this model would be big in other markets. This is the thinking behind MyTutor, a London-based edtech company that …

Startups

TrueLayer raises $3M Series A to provide fintech companies with easy access to bank APIs

TrueLayer, a London startup that’s built a developer platform to make it easy for fintech companies to access bank APIs — and ride the PSD2 gravy train — has raised $3 million in Series A funding. The round was led by Anthemis Group, with participation from existing investor Connect Ventures, and …

FinTech

Smaller, Earlier VCs Should Invest Differently Part Two: Portfolio Variance

Last week I began a blog series on how the growing array of micro-VCs investing in early-stage rounds should think differently. You should read that …

Startups

Expense management app Soldo raises $11 million in Series A

Fintech startup Soldo has raised $11 million in a round led by Accel. Connect Ventures, InReach Ventures, U-Start, and R204 Partners also …

Startups

Snips raises $13M Series A for its smart assistant platform which works without the cloud

Apple Pay

Product discovery startup Unbxd raises $12.5 mn from Fidelity arm, IDG, others

Cloud-based product discovery platform Unbxd Inc has raised $12.5 million (Rs 80 crore) in Series C funding led by Eight Roads Ventures, the …

Startups

Term Sheet — Tuesday, June 20

<b>NEW MONEY + NEW PRODUCT:</b> Managed by Q, a New York City-based on-demand office services startup, has launched a marketplace for its office management …

Venture Capital

European Founders: A Fundraising Primer with Front, Automile, and...

Being an American founder in the Valley is difficult enough, but as a European founder, what unique concerns do you have to think about while running …

Startups

The Inside Story of Talla’s $8.3M Series A

You may have heard today that Glasswing Ventures led Talla’s Series A, to the tune of $8.3M. I’d also like to welcome new investors PJC, Pillar, and …

Startups

Talla takes in $8.3 mln Series A

Boston-based <b>Talla</b>, a provider of intelligent conversational service desks, has secured $8.3 million in Series A funding. <b>Glasswing Ventures</b> led the …

Investing

Why Stackshare is quietly becoming a secret weapon for developers and Silicon Valley CTOs

On Stackshare, Airbnb lists over 50 services in its “stack,” Slack lists 24, and Spotify lists more than 31; these stacks are collections of different pieces of software that each company is using to run their operations, and range from infrastructure tools to communications tools to container …

Startups

AimBrain, a startup that uses biometric authentication to fight fintech fraud, raises £4M Series A

AimBrain, a London startup that offers “biometric identity” as a service to help fintech companies and other financial institutions fight fraud, has raised £4 million in Series A funding.<p>BGF Ventures led the round, with participation from Episode 1, Entrepreneur First (EF), and a number of angel …

Startups

3 Ways Early-Stage Startups Can Capitalize on the Micro-VC Boom

For years, the term “venture capitalist” referred exclusively to investors interested in driving growth at already successful companies. Traditional …

Startups

These were the 10 biggest European tech stories this week

This week, Tech.eu tracked 8 technology M&A transactions, 4 IPOs and 70 tech funding deals totalling about €559 million (about $626 million) in Europe, Turkey and Israel. Here’s an overview of the 10 biggest European tech news items for this week:<p><b>1)</b> The European Union has scrapped roaming charges …

Startups

Trucking Tech Deal Pace Slows, While Dollars Tick Up

Want to receive a weekly deep dive into all things auto, transportation, & logistics? Click here to subscribe to our auto tech newsletter. Amid the …

Venture Capital