Harrison.ai raised $92.3 million USD, Droplette secured $15.4M,Read more...
HookLogic landed $15.5M; Fundbox nabbed $50M; Biom'Up raised $35.1M
- HookLogic, a company that partners with retailers and online travel agencies to accelerate sales for product brands and hotels in order to give them access to in-market shoppers and attributed sales. announced a new round of funding on Thursday, a $15.5 million Series C growth round. The funding came from new investors Fung Capital and Mousse Partners, in addition to participation from existing investors Bain Capital Ventures and Intel Capital. HookLogic had previously raised two round, a Series A round of $9.5 million in 2011, and a Series B round of $14 million in 2013. This latest funding gives it a total of $39 in total funding.
- Fundbox announced a new $50 million funding round, led by new investor Spark Capital Growth with participation from Bezos Expeditions (the personal investment arm of Jeff Bezos), Ashton Kutcher and Guy Oseary's Sound Ventures, Entrée Capital and existing investors: Khosla Ventures, General Catalyst Partners, Shlomo Kramer, and Blumberg Capital. This new funding comes less than six months after the company closed a $40 million Series B funding round in March. It's total capital raised now stands at $107.5 million. Founded in 2012, the San Francisco-based Fundbox works exclusively with small-to medium-sized B2B businesses by allowing them to create an account, connect their unpaid invoices, select which ones to clear, and get an advance for the amount transferred to their bank account instantly.
- netBlazr, an affordable Internet access for home and business in Boston, today announced that it has completed a $1 million funding round with an additional investment of $300,000 from Jeffrey P. Parker, co-founder of CCBN and well-known Boston-area angel. netBlazr is making significant new infrastructure investments and expanding coverage to more communities in Metro Boston.
- SciAps, a Woburn, MA-based provider of handheld analytical instruments for use in industrial, service/ security, and mining markets to identify and analyze compounds, minerals and elements, raised $4.3m in equity funding. The round was led by new investor Jolimont Global Mining Systems with participation from Rand Capital, and other existing investors including SciAps CEO and Founder Donald Sackett, as well as two additional new investors.
- NEFT LLC, a financial technology company focused on developing innovative online credit tools and solutions, today announced that it has raised $10 million through an oversubscribed Series A offering. More than a dozen funds participated in the capital raise, which included prominent technology and financial services investors John Sculley, the former CEO of Apple; John Mack, former Chairman and CEO of Morgan Stanley; and Kevin Knight, former chairman and CEO of Nordstrom fsb. Sculley and Knight were recently appointed to the NEFT board of directors.
- Amsterdam-based venture capital firm henQ announced the launch of its third fund, henQ III worth a record amount of 50 million euro. The fund will be used by henQ partners Herman Hintzen, Coen van Duiven and Floris van Alkemade to invest in promising software startups. "henQ is the only Dutch VC firm that dares to invest in early stage companies, in need of seed investments from 100k and has the ability to continue to invest in next rounds up to 10 million euro", says Van Duiven.
- CartoDB, a company specializing in location data analysis and visualization, has raised $23 million in funding. The Series B round was led by new investor Accel Partners, with participation from Salesforce Ventures (also a new investor), and existing investors Earlybird Ventures and Kibo Ventures. This takes the company’s total funding to $31 million. The $23 million cash influx comes a year after the company raised an $8 million round, and the combined funds will be used to “accelerate product development, increase global awareness of CartoDB solutions, and expand sales and partnership programs worldwide,” the company said in a press release.
- In another sign that Wall Street sees potential in Bitcoin technology, Visa, Nasdaq, Citi and other industry players invested $30 million in Chain.com, a blockchain developer platform that serves an enterprise market. Additional investors include Capital One, Fiserv and French telecom Orange, the last of which hints at the potential for the blockchain to power mobile payments. The company also announced that former American Express CEO Jim Robinson III has joined Chain.com’s Board of Directors.
- Orchard Platform, a technology and infrastructure provider for marketplace lending, today announced it has raised $30 million in Series B funding. This brings the total investment in Orchard to $44.7 million. Thrive Capital, a private equity and venture capital firm focused on technology and media investments, led the round, with additional participation from Jon Winkelried, Former President & Co-Chief Operating Officer of Goldman Sachs, Victory Park Capital, Thomvest Ventures, and existing investors including Spark Capital, Canaan Partners, QED Investors, Nyca Partners, Conversion Capital, John Mack, and Tom Glocer. Orchard will use the funds to accelerate the evolution of its technology platform.
- Biom’Up, a Saint-Priest, France-based specialist in collagen-based absorbable medical devices for biosurgery, secured €31.3 million ($35.1 million) in Series C financing. Backers included Gimv, Bpifrance Large Venture and Lundbeckfond Ventures, existing shareholders InnoBio, Sham Innovation Santé, ACG Management, Sofimac, Mérieux Développement, OTC AM, Euroainvest and l’Améliane and the company’s management team. The company intends to use the funds to finance further development of HEMOBLAST TM, particularly in the context of its clinical study conducted in Europe and North America.
- Delphinus Medical Technologies, Inc., the leader in advanced breast ultrasound technology, announced today that it has secured an unprecedented venture round of $39.5 million. The venture capital funding is the single largest amount ever raised for a healthcare imaging company in the Midwest, as well as the largest for a medical device company in Michigan. Led by Venture Investors, the Series C round included new investment from Hopen Life Science Ventures and Waycross Ventures along with current investors Arboretum Ventures, Beringea, and North Coast Technology Investors.
- ThredUp's bright turquoise bags helped clean out millions of dollars' worth of unwanted clothes from the depths of America's closets. Now flush with a new injection of cash, the online clothing reseller wants to speed up operations, hire more staff, and get more people flipping their wardrobes online. ThredUp raised $81 million in venture funding in a round led by Goldman Sachs Investment Partners, the company announced on Thursday, bringing its total funding to more than $125 million.
- Enerkem Inc., a waste-to-biofuels and chemicals producer, announced today it has raised C$152.6 million and has initiated the production of biomethanol from non-recyclable household garbage at the Enerkem Alberta Biofuels full-scale facility in Edmonton, Canada. The financings are comprised of a recently accessed C$29 million debt facility from Integrated Asset Management Corp.'s (IAM) Private Debt Group as well as C$50 million in private placements from current investors and C$73.6 million of debt from two other lenders, closed over the past year. This funding will be used for the product expansion of the Edmonton facility and the company's global growth.
If you are interested in being included in our funding roundup, submit your press release or blog post about your financing round to email@example.com.
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