Harrison.ai raised $92.3 million USD, Droplette secured $15.4M,Read more...
Atreca completed $56M funding; Zhihu raised $50M; The History Project launched with $2M funding
- The History Project, an Oakland, CA-based platform that allows users to take control of digital and physical assets and build them into shareable stories, is launching with $2 million in funding. The round was led by The New York Times Company, with participation from Matter Ventures and Altpoint Ventures, as well as several angels. The company will use the funding to grow its platform, sign additional partnerships and scale its History Concierge service.
- OfferUp, a new marketplace for buying and selling locally, today announced that it has raised $90 million in total financing over the past year from several top-tier investors. The largest portion came from a $73 million Series C round in March, led by T. Rowe Price Associates, Inc., with participation from Andreessen Horowitz, Coatue Management, Tiger Global Management, Vy Capital, High Line Venture Partners, and Allen & Company. Previous investors include Jackson Square Ventures and Andreessen Horowitz.
- Israeli 3D printing electronics company Nano Dimension has raised an additional $2.2 million. In June, the Ness Ziona based company reported that it has raised $10.9 million, so that this investment brings the latest financing round to $13.1 million. The financing round included existing private investors, as well as commitments from new investors including Morris Kahn and family, early stage investors in Amdocs Ltd. and former NICE Systems Ltd. and Comverse CEO Zeev Bregman.
- 915 Labs, a Centennial-based natural food processing and packaging company, said it's raised an additional $3 million in funding. 915 Labs said it developed packing technology called "Microwave Assisted Thermal Sterilization" (MATS) and to date, has raised $25 million for the MATS technology. Investors include Connecticut-based New Ground Ventures, and San Francisco-based Theorem Ventures.
- WakingApp, a provider of tools for quick and easy creation of augmented and virtual reality content, today announced the raising of $4.3 million in Series C funding from Youzu Interactive as well as one of largest Internet and search companies in China. Funds from the round will be used toward expanding the company's AR/VR platform offerings, ENTiTi Creator and ENTiTi Viewer, and expanding its sales, marketing and business development in the United States and China.
- Chronext, a Cologne, Germany-based platform for buying and selling luxury watches, closed $5.3 million venture capital round. Backers included Partech Ventures, InVenture Partners, MGO Digital Ventures, Altus Capital and Playfair Capital and existing investors Capnamic Ventures and NRW.Bank, as well as several business angels. The company intends to use the funds to increase their marketing, technology and customer success efforts and expand its market share in German-speaking Europe and the UK.
- OssDsign AB, an Uppsala, Sweden-based medtech company, raised SEK93 million (approximately $10.50 million) in equity financing. The round was led by new investors SEB Venture Capital and Fouriertransform with continued investment from Karolinska Development. The company will use the funds for the market expansion of its product line of craniofacial implants.
- Alternative credit data provider FactorTrust on Tuesday closed on a $42 million investment led by ABS Capital Partners, a late-stage growth company investor, and MissionOG, an early to growth stage investor. With the investment, FactorTrust insisted the company will accelerate its growth and expand its suite of offerings to enable lenders to drive desired business results in a challenging compliance environment.
- Beijing-based Zhihu, a Chinese question-and-answer platform similar to Quora, has reportedly completed US$50 million series C round of financing led by Tencent Holdings Limited. The funding round values the five-year-old start-up at US$300 million, and Tencent is investing as a strategic investor. It completed series A financing of around US$10 million from Qiming Venture Partners.
- Atreca, Inc., a biotechnology company focused on developing novel therapeutics based on a deep understanding of the human immune response, announced today the completion of its Series A funding with a total investment of $56 million. The proceeds will fund the further development and advancement of the Company’s product pipeline, including therapeutic antibodies designed to optimize anti-tumor immune responses in synergy with checkpoint inhibitors and immune activators. The Series A was led by a large U.S.-based, healthcare-focused fund; additional investors included the Bill & Melinda Gates Foundation, Mission Bay Capital, and GlaxoSmithKline.
- Jet.com, an e-commerce startup taking on Amazon, has raised a $500 million round of venture capital led by Fidelity, according to people familiar with the company. The round is not yet closed and will likely include additional capital from existing investors. It values the company at $1 billion “pre-money,” or excluding the funding.
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