Daily funding roundup - November 30, 2015
Atzuche completed a $47M funding; Bee secured $4.6M; Coconala raised $4.4M funding
- StayGlad, an on-demand Beauty Services Platform for women, has raised an undisclosed amount in Series A round of funding led by Bessemer Venture Partners and Anil Chopra, Former CEO Lakme Lever. StayGlad provides doorstep services for beautification, styling and ‘get ready’, etc., thereby avoiding challenges like traffic, weather conditions or finding parking space.
- Oddup announced $1 million in seed funding led by Kima Ventures, Click Ventures and Bigcolors, with participation from Big Bloom, Glooh Ventures, Justin Dry and Andre Eikmeier (CEOs of Vinomofo, Aussie-based wine deals site) and other angel investors. The Hong Kong-based company rates startups in China, Hong Kong, Singapore and Taiwan on a scale of 1 to 100, with a higher score signifying a less-risky investment for potential VCs and angels. The analytics are based on trends, expected future valuations and potential high returns.
- Passo, an application which enables shoppers to share and manage their personal shopping preferences and payment/shipping information with retailers, has completed a $1.125 million Seed Round via equity crowdfunding platform Seedinvest. SeedInvest investors invested alongside Deep Fork Capital and various well-known angels.
- Splittable, a London-based property technology startup, has closed a $1.2 million investment round from venture capital groups Seedcamp, Playfair Capital and the London Co-Investment Fund, which is backed by the Mayor of London. The team has also received investment from a syndicate of high profile angel investors including Lord David Young and Ricky Knox. This fresh infusion of capital will be used to grow the Splittable engineering and marketing teams, support further marketing initiatives and fund the delivery of an integrated payments platform.
- Tokyo-based Coconala, previously known as WelSelf, offers an online platform under the same name where you can buy and sell knowledge, skills and, experience from users who are willing to teach. The company announced on Tuesday that it has fundraised a total of 540 million yen (about $4.4 million) from Jafco, Nissay Capital, SMBC Venture Capital, and Voyage Ventures in mid-November. This follows their previous $1.5 million funding from four investors back in September of 2013.
- Banking startup Bee–which provides bank accounts, debit cards and financial services that are aimed at people who live in low- and middle-income neighborhoods–has raised $4.6 million in funding in two rounds of seed funding, Lora Kolodny reports for Dow Jones VentureWire. Bee offers account holders no minimum balance requirements, no overdraft fees, availability of funds within a half-hour from deposits made via check photo through its mobile app and cash withdrawals at any ATM, twice a month free. Investors in the company, incorporated as One Financial Holdings Inc., include AXA Strategic Ventures, Blue Seed Capital, Fenway Summer Ventures, Funders Guild and T5 Capital.
- Lending-as-a-service provider Mirador, today announced that it has completed a Series A round of financing. The $7 million investment was led by Core Innovation Capital, with participation from Nyca Partners and Jump Capital. Initial seed investors Collaborative Fund, Wicklow Capital, and Crosslink Capital also followed on in this round. The year-and-a-half old fintech company intends to aggressively add more financial institutions to their online lending platform and expand the Oregon-based product development team.
- QikPod, a yet-to-be-launched startup founded by serial entrepreneur Ravi Gururaj that will offer locker services, has raised $9 million (Rs 60 crore) in funding led by e-commerce company Flipkart and venture capital firm Accel Partners. Logistics service provider Delhivery and Taiwanese electronics vendor Foxconn also put money in this round, as per a media statement.
- Shanghai-based peer-to-peer car rental start-up Atzuche has completed RMB300 million ($47 million) series B round of financing from China Pacific Insurance, Ivy Capital, Hearst Capital, Matrix Partners and Ceyuan Ventures, according to Chinese media reports. Established in 2013, Atzuche received US$10 million series A funding led by Matrix Partners in October 2014.
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: venturebeat.com
Mitos Suson
I produce Vator Events and enjoy the challenge. I am learning and growing a lot, being involved with Vator and loving every moment of it!
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