Daily funding roundup - September 25, 2015

Mitos Suson · September 25, 2015 · Short URL: https://vator.tv/n/4057

Wayin secured $15.4; Talentsky nabbed $5M;Din closed $3M;


  • Thailand-based fashion marketplace company WearYouWant has received an undisclosed amount in a Series B round led by publicly listed Japanese e-commerce firm Start Today Co. Ltd. According to an official statement, other investors that participated in this round include Kimura Shinji, Founder and former CEO, Gunosy Inc, OPT SEA and Digital Media Partners. In August 2014, WearYouWant secured a Series A investment round of US$1.5 million led by Digital Media Partners.

  • Delhi-based online food ordering service for railway passengers, TravelKhana raised around $1 million funding led by Astarc Ventures, a Mumbai-based seed fund venture.With this new funding TravelKhana is aiming to expand from 150 to 400 stations by end of 2016 as well as to enhance its technology. TravelKhana, started by Pushpinder Singh in 2012 had previously raised angel funding of about $2 million by Google’s Rajan Anandan, Alok Mittal, Sarbvir Singh and others. Train passengers can order their favorite meals on train via company’s app and web platform and through call also.

  • Din (formerly called Forage), founded by second­time food and tech entrepreneurs Emily Olson LaFave and Rob LaFave, have closed a $3 Million in Seed Funding from Accel Partners, Collaborative Fund, Built By Girls Fund (Susan Lyne), Harrison Metal, Slow Ventures, and Lowercase Capital. Din has recently expanded their production into a 12k sq ft culinary facility, and is poised for rapid expansion.

  • Singaporean beauty marketplace Vanitee has raised US$1.4 million (S$2 million) in its first funding round. The funding comes from beauty, cosmetics, and fragrances company Luxasia, and Singaporean business figure and angel investor Robert Yap. Luxasia is a major distributor of international fragrance and cosmetics brands in the region, such as Burberry, Clarins, Dior, Ferragamo, and Shiseido. Robert Yap is the chairman of Singaporean logistics and supply chain company YCH Group. He has previously invested in technology companies such as cashless payment systems manufacturer Numoni. Yap and Luxasia CEO Patrick Chong are also advisors to Vanitee. 

  • Cambridge-based drug discovery and development company Mission Therapeutics has been awarded a £1.9 million ($2.9 million) grant from Innovate UK. The funding is for the discovery of preclinical DUB inhibitors directed at specific deubiquitylating enzymes (DUBs). Mission is focused on selectively targeting deubiquitylating enzymes to treat cancer and other diseases. The funding comes from the eighth round of the Biomedical Catalyst (BMC), a joint programme run by the Medical Research Council and Innovate UK

  • Revegy, an Atlanta, GA-based provider of a sales effectiveness platform, raised $3 million in equity funding. According to a regulatory filing with the SEC, two unnamed backers participated in the offering. Led by Mark Kopcha, President and CEO, Revegy provides a sales planning and execution platform technology that features process consistency and collaboration across all facets of a sales organization including strategic account, territory, channel and inside sales. Using visual tools, teams gain insights to execute effective marketing through every step of the way from account strategy and planning to deal execution. The company serves B2B sales organizations that have complex sales cycles and customers include SAS, Oracle, JDA, Informatica. Ryder, Fiserv, First Data, McAfee, Allscripts, QAD, SAP, mongoDB, Redhat and General Electric.

  • Talentsky, Inc., Corporation just released form D announcing $5.00 million equity financing. The date of first sale was 2015-03-06. Talentsky was able to fundraise $5.00 million. That is 100.00% of the round of financing. The total private financing amount was $5.00 million. The financing document was filed on 2015-09-23. The reason for the financing was: Series A Preferred Stock and the underlying Common Stock issuable upon conversion thereof.

  • Real-time digital marketing software company Wayin has secured $15.4 million in new funding from influential investors in the technology community. This new round includes funding from a variety of notable technology entrepreneurs and investors, led by an undisclosed new investor with participation from others, including new investor David Duffield, founder of PeopleSoft and co-founder and Chairman of Workday, Inc., and existing investors such as U.S. Venture Partners, Hasso Plattner, founder of SAP, and Wayin Chairman and CEO Scott McNealy.

  • Singapore-based telco MyRepublic has secured funding to the tune of $16 million (S$23 million), the company announced today. The funding comes from Brunei telco DST Communications, among others. DST’s investment into MyRepublic is expected to help the upstart telco to push its Mobility Trial this October. The company is exploring small cell LTE technology, which doesn’t require the use of large base towers to work. Instead, it uses small LTE units that allow for better coverage in enclosed spaces and moving vehicles, according to MyRepublic. 

  • Harmoney Corp Limited, a New Zealand-based peer to peer lending marketplace, completed a $200millio equity and debt funding round. The round was led by P2P Global Investments PLC (P2PGI) managed by Eaglewood Europe LLP (a subsidiary of alternative asset manager Marshall Wace). P2PGI also signed an agreement for $200m of lending capital for Harmoney’s marketplace. It will purchase loans from the Harmoney marketplace up to $200m over the next three years across both the New Zealand and Australian markets. The company will use the funds for working capital to accelerate growth in New Zealand and Australia.

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.  

This list will be updated with breaking funding news all day. Check back for more.

image source: https://capitalair.net

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Mitos Suson

I am currently affiliated with Vator. I co-produce the Vator Events and enjoy the challenge. I am learning and growing a lot, being involved with Vator and I love it!

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