Daily Funding Roundup


Daily funding roundup - October 24th, 2018

VergeSense raised $1.5M; raised $1.7M; Teikametrics and Protembis raised $10M

Innovation series by Kristin Karaoglu
October 25, 2018
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VergeSenseVergeSense is a Y Combinator-backed startup that develops an AI-powered sensing device for facility management. VergeSense has raised $1.5 million in funding led by JLL Spark, with participation from Bolt and Pathbreaker Ventures. Read more
Privy.comPrivy's email list growth platform enables retail marketers to rapidly grow their lists and track online or offline sales. has raised $1.7 million in seed funding from Atlas Ventures, 500 Startups. Read more
TeikametricsTeikametrics is a dynamic ecommerce optimization platform for retailers on Amazon and other marketplaces. Teikametrics has raised $10 million in Series A funding Granite Point Capital, Jump Capital and FJ Lab. Read more
ProtembisProtembis is a medical device start-up company with its R&D base in the engineering and technology city of Aachen, Germany. Protembis has raised a total of $ 10 million in an oversubscribed Series A financing round and expects to bring its product to market maturity with this round. Read more
AXiomatic GamingaXiomatic powers unforgettable esports experiences through sports and entertainment expertise. AXiomatic Games has raised $26 million in funding, including from Basketball Hall of Famer Michael Jordan. Read more
Yoyo WalletYoyo Wallet is a platform that enables mobile payments combined with automated loyalty and rewards. Yoyo Wallet has secured $30 million in a partnership agreement from Twitter and Coinbase investor Hard Yaka.  Read more
Scale ComputingScale Computing develops scale-out clustered IT infrastructure products for organizations, based on its patented ICOS technology. Scale Computing has raised $34.8 million in a Series F funding round led by Lenovo. Read more
MetrcMetrc is a provider of regulatory solutions for the legal cannabis industry. Metrc has raised $50 million in its first round of outside funding from Tiger Global Management and Casa Verde Capital. Read more
RibbonRibbon is a fintech company that transforms real estate transaction by delivering certainty, transparency, and joy to home buying. Ribbon has raised $225 million in debt and Series A equity funding. Investors in the deal include earlier backers Bain Capital Ventures, Greylock, NFX and NYCA. Read more
Bright MachinesBright Machines brings together flexible factory robots with intelligent software, production data and machine learning. Bright Machines has raised $179 million in Series A funding led by the venture capital firm Eclipse. Read more

If you are interested in being included in our funding roundup, submit your press release or blog post about your financing round to If you want a longer write-up, please do give us a couple days heads up. If you'd like to be included in our Today's Entrepreneur column, please send me your Vator profile.

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