Daily funding roundup - September 24, 2015

Premise bagged $50M; Replimune closed $30M Series A financing; DriverUp raised $20M

• Crowdway, a Milan, Italy-based smart platform that generates news and analysis about financial markets, raised €150,000 ($167,400) in seed funding. Backers included TIM Ventures and Club Italia Investimenti 2. The company intends to use the funds to continue to develop the platform. Crowdway is advancing a platform that leverages a proprietary algorithm based on Big Data analysis that gives individuals and organizations the opportunity to use Crowd Trading and receive exclusive information about financial markets.
  
  
• Software as a service ( SaaS) based training and recruitment platform Capabiliti which is owned by Noida based startup Qustn Technologies, has raised $400,000 from US based early stage VC fund 500 Startups and angel investors. Capabiliti is a self-service platform to recruit, on board, train and assess remote users across any geography over any device. The platform is available across mobile and web for any organization. It has clients like Airtel, IndusTowers, Shopclues, and Flipkart. The funds will be used to expand into the international markets, build the team and enhance the technology platform.
  
  
• Ledge is an app that lets users easily borrow money from their peers; they've recently received $900,000 in seed funding from undisclosed investors. Sometimes, it's awkward to lend money to family or friends, especially with the risk of not getting paid back. As a solution, Ledge came up with an app to solve this problem by automating and bring transparency to peer-to-peer lending. 
  
  
• ElastiMed, a Tradyon, Israel-based developer of a wearable device using smart materials to treat Chronic Venous Insufficiency (CVI) and to prevent Deep Venous Thrombosis (DVT), raised $1 million in funding. Backers included Pix Vine Capital, a Singapore-based investment house. The company intends to use the funds to complete R&D, to proceed with regulatory filings, and to commence clinical trials.
  
  
• Gurgaon based innerChef, a food-technology company that delivers ready-to-eat and ready-to-cook meals announced a pre-series A  round of Rs. 11cr ($1.66million) from the leading investors from across the globe. A number of leading Indian and International technology founders have participated in this round including the likes of Phanindra Sama (redBus), Vijay Shekhar Sharma (Paytm), Anupam Mittal (Shaadi.com),  Vishal Gondal (GOQii, exited from Indiagames), etc. innerChef co-founder Rajesh Sawhney is also the founder of GSF Accelerator and a majority of investors in this round of funding for innerChef have also invested in GSF.
  
  
• Health Tech CliniCloud, an Australian start-up closed a $5 million in seed funding led by Chinese tech giant Tencent. Ping An Ventures, the venture arm of Chinese insurance and banking conglomerate Ping An, was also a major investor. Others include prominent musician and investor, D.A. Wallach, Kosaku Yada (Sonar Group) and other private participants. The heavy backing by Chinese companies signals that CliniCloud has a big future in China’s growing ageing society. The funding will mainly be used to accelerate production and roll-out of the first shipment in about a month’s time. It will also be used to develop future products, expand the team and go global.
  
  
• Amino, a startup that’s built 41 different mobile community apps (so far), is announcing that it has raised $6.5 million in Series A funding. The Series A was led by Venrock, with participation from previous investor Union Square Ventures. Venrock partner David Pakman is joining Amino’s board of directors, and the firm’s vice president Richard Kerby is also joining as an observer. The funding will allow Amino to expand its development, sales and marketing teams.
  
  
• US-based advertising technology startup AdsNative has raised $8.5 million in Series A round of funding from Rakuten Ventures, Interwest Partners and Onset Ventures. According to an official statement, the new injection of funds will help the startup roll out its new product AdsNative Enterprise, a platform that lets publishers and media companies manage non-standard advertising placements across digital channels using a one-stop solution.
  
  
• Shanghai-based workplace collaboration platform Teambition announced this week that it has raised $12 million in Series B funding from investors including NLVC, IDG, Vangoo Capital, and Gobi Partners. The money will be used to further build out its existing freemium model, expand sales efforts, diversify the team, and hire more global talent from outside China. It also plans to adapt and customize the product “to what specific industries need to collaborate.”
  
  
• StreamSets Inc., a company that speeds access to enterprise big data, today announced it has closed a $12.5 million round of Series A funding co-led by experienced big data investors Battery Ventures and New Enterprise Associates (NEA), with participation from Accel Partners and Ignition Partners. In addition, StreamSets today launched a revolutionary new data ingest infrastructure, called StreamSets Data Collector, which helps businesses accelerate data analysis and decision-making. Available under an open source Apache license (ALv2), this technology automates data movement in order to give data scientists and analysts continuous access to big data.
  
  
• Skillz, a mobile eSports, today announced that it has raised $15 million in Series B funding led by David Bonderman’s Wildcat Capital Management. The Kraft Group, owners of the New England Patriots, Marc Lasry, co-owner of the Milwaukee Bucks, Sequoia Capital and existing investors also participated in the round. Skillz has now raised over $28M in total financing and plans to use the new capital to market the platform, roll out its recently announced live events technology, and grow its teams in Boston and San Francisco.
  
  
• A Dallas-based online automotive financing marketplace has raised $20 million in a Series B round. DriverUp, which gives accredited investors the chance to enter the auto lending industry, plans to use the funding for product development, loan inventory and marketing efforts. The round was led by New York-based SF Capital Group, which joined existing investors New York-based Emerald Development Managers and New York-based RRE Ventures.
  
  
• Replimune today announced the closing of a $30 million Series A financing led by Atlas Venture. Atlas joins previous seed investors Forbion Capital Partners and Omega Funds as investors in this funding round. Replimune, headquartered in Oxford UK and with a significant presence in Cambridge, MA, was founded in April 2015 to develop the next generation of 'oncolytic immunotherapies' for the treatment of cancer. Jason Rhodes, Partner at Atlas, will join the board of Replimune together with Otello Stampacchia and Sander Slootweg of Omega and Forbion, respectively.
  
  
• Three-year-old Premise, an economic data tracking platform, has bagged $50 million in Series C funding from earlier backer Social + Capital Partnership and new investor Valor Equity Partners, which pitched in $35 million. Valor’s Antonio Gracias, who is also a director at Tesla and SpaceX, is joining the board. He joins the company’s earlier board members Chamath Palihapitiya, who founded Social + Capital; Larry Summers, the former Treasury secretary; and investor Karim Farris of Google Ventures.
  
  
• Onshape, a three-year-old company in Boston, claims to be the first 100% cloud-based 3D design software, and today announced a fresh $80 million in venture capital, roughly half of which is from new investor Andreessen Horowitz along with previous investors that include NEA, North Bridge Venture Partners and Commonwealth Capital Ventures. Onshape has now raised $145 million (pre-revenue, mind you) on the bet of collaborative 3D design in the cloud. Onshape’s computer-aided design (CAD) software runs in any Web browser for $100 a month (there’s also a free version). “We are going after the shift in how things are made,” says John McEleney, Onshape’s CEO and cofounder.

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