Mbp-728x90

Daily Funding Roundup

1814

Daily funding roundup - December 28, 2015

Lyft bagged $105M; modeFinance received $1.4M investment; Anpac Bio raised $2M funding

Innovation series by Mitos Suson
December 28, 2015
Short URL: http://vator.tv/n/424f

  • Phytech, a Kibbutz Yad Mordechai, Israel-based provider of Ag analytics and data management solutions, closed a Series A funding round of undisclosed amount. Backers included Syngenta Ventures and Mitsui & Co EuropeThe company intends to use the funds to expand its technology platform and support its continuing commercialization globally.

  • Dentsu Ventures, a corporate venture capital of Japanese ad agency Dentsu, announced that it has invested an undisclosed sum in San Diego-based Cue, a startup developing a health tracking device under the same name. Financial details have not been disclosed. For Dentsu Ventures, this is the fifth investment in a startup followed by Jibo (communication robot), Agolo (curated content generation), Nextbit (cloud-based smartphone), Sensai (bigdata analasys), and others.

  • HealPros, LLC, an Atlanta, GA-based mobile telemedicine triage service company that provides mobile diabetic retinopathy eye examinations on behalf of healthcare payers across the country, closed a round of Series A funding of undisclosed amountThe round was led by New York-based Sopris Capital. The company intends to use the funds to expand its mobile diabetic retinopathy program into at least twenty-five states in 2016.

  • Anpac Bio-Medical Science Co., Ltd., Chief Executive Officer Dr. Chris Yu announced that Venture Capital (VC) Firm, Shanghai Zhangjiang Science &Technology Investment Corporation (ZJSTIC), as well as private investors related to the insurance industry, have again invested over $2 million to support Anpac's "Cancer Differentiation Analysis" (CDA) technology.

  • DipJar, a New York-based startup that enables cashless generosity via its tip jars and donation boxes for credit cards, closed a $2.4 million seed round last week. With this funding, DipJar will expand its national hardware footprint and continue development of software solutions for customers. Existing investors Bolt and Project 11 participated, joined by Corazon Capital, Charge Ventures, Matthew Vettel of Great Hill Partners, Jamie Goldstein, and a number of other angels.

  • Qu Biologics Inc., a biotechnology company developing Site Specific Immunomodulators (SSIs) that aim to restore the body’s normal immune response, said Thursday that it has closed an oversubscubscribed private financing of C$3.5 million (US$2.5 million). It did not disclose investors. Qu Biologics has raised over C$19 million to date. Qu Biologics, a Vancouver, British Columbia-based biotech, develops immunotherapies aimed to restore normal immune function.

  • modeFinance, a Trieste, Italy-based company which specializes in the economic-financial valuation of and in the credit risk management of corporations, received a €1.3 million (approximately $1.4 million) investment from Gruppo CorvallisGruppo Corvallis acquired a 43% stake in the company via Corvallis BI (business information), which is controlled by Corvallis Holding. The funds will allow modeFinance to grow globally.

  • Chinese Internet security start-up Qingteng Cloud Security has received RMB60 million (US$9.3 million) series A round of financing from China Broadband Capital and Redpoint Ventures, according to a company announcement. The start-up received RMB6.5 million angel investment from the Zhen Fund and others last year. The global Internet security market is projected to grow to US$170 billion by 2020, up from around US$77 billion in 2015.

  • Ride-sharing service Lyft ​is getting a boost from Saudi Arabia’s Prince al-Waleed bin Talal. The prince ​announced Thursday that his Kingdom Holding Co. ​is paying $104.9 million ​for 2.3 percent of Lyft, part of a larger investment ​by an unnamed group ​of $247.7 million for 5.3% of the San Francisco-based company. The investment boosts Lyft’s estimated valuation to $4.92 billion.

If you are interested in being included in our funding roundup, submit your press release or blog post about your financing round to mitos@vator.tv. 

Image source: lightercapital.com


Related companies, investors and entrepreneurs

355
Redpoint Ventures
Angel group/VC
Description: Geoff Yang introduces Redpoint Ventures, a VC formed in 1999 with partners from Brentwood Venture Capital and Institutional Venture Partn...
Mbp-300x250

Featured Stories

Mbp-300x250

Other episodes of this series

Daily funding roundup - April 29, 2016

17697

Daily Funding Roundup

by Mitos Suson
Mercato led investment in Stance; GotIt! recieved over $9M; VividCortex raised $4.5M Series A

Daily funding roundup - April 28, 2016

17692

Daily Funding Roundup

by Mitos Suson
Drivy raised $35M to grow its rental marketplace; Levyx closed a $5.4M Series A; Poncho raised $2M

Daily funding roundup - April 27, 2016

17683

Daily Funding Roundup

by Mitos Suson
Peter Thiel led investment in Vivint; Seclore raised $12M Series B; IMMUNIO secured Series A funding

Daily funding roundup - April 26, 2016

17675

Daily Funding Roundup

by Mitos Suson
Trov secured $25.5M; Zero Zero Robotics raised $25M funding; TaskEasy closed $12M Series A

Daily funding roundup - April 25, 2016

17663

Daily Funding Roundup

by Mitos Suson
SIRIN Labs closed $72M Series A round; Helium raised $20M; Kamcord nabbed $10M funding
Mbp-300x250