Daily funding roundup - April 1st, 2019

Kristin Karaoglu · April 1, 2019 · Short URL: https://vator.tv/n/4d96

Novo raised $4.8M; BillionToOne landed $15M; Academia.edu secured $16M; CollegeVine raised $24

Novo: Novo is a modern banking platform that gives startups and small business owners the technology they need to focus on their businesses. Novo has raised $4.8 million in seed funding led by Crosslink Capital, with participation fromRed Sea Ventures, RRE Ventures, Hack VC, Rainfall Ventures and the Stanford Law School Venture Fund. Read more

BillionToOne: BillionToOne's mission is to make prenatal testing safe and affordable for every expecting mother. BillionToOne has raised $15 million in Series A funding. Hummingbird Ventures and NeoTribe Ventures co-led the round; they were joined by YC, Civilization Ventures, Fifty Years, 500 Startups Istanbul and HOF Capital. Read more

Academia.edu: Academia.edu is the world's largest platform for open access to academic research with over 75 million users. Academia.edu has raised $16 million in Series C funding led by Tencent, with participation from Social Discovery Ventures. Read more  

CollegeVine: CollegeVine is a leading provider of virtual guidance, one-on-one mentorship, and college applications guidance. CollegeVine has raised $24 million in Series B funding. Investors include Maywood Street Investments, Fidelity, Morningside Technology Ventures and University Ventures. Read more

ManoMano: ManoMano is a European online DIY and garden e-commerce platform. ManoMano is raising a new funding round of $125 million from Eurazeo Growth, Aglaé Ventures and Bpifrance, with participation from earlier backers CM-CIC, Partech Ventures, Piton, and General Atlantic. Read more

SpringWorks Therapeutics: SpringWorks Therapeutics is on a mission to connect scientists, biopharmaceutical partners, patient groups, funders and philanthropists to deliver promising, transformative science to underserved patients. SpringWorks Therapeutics has raised $125 million in Series B funding. Perceptive Advisors led the round; other participants include Tavistock Group, HBM Healthcare Investments, BVF Partners, Surveyor Capital, Samsara BioCapital, ArrowMark Partners, GlaxoSmithKline, Laurion Capital Management and earlier backers OrbiMed, Bain Capital, Pfizer, and LifeArc. Read more

Oyo: OYO is a hotel network that offers standardized and hassle-free stay experiences. OYO is raising up to $200 million from the home-renting giant Airbnb. The capital will be added to Oyo's previously announced $1 billion Series E round, which was led by the SoftBank Vision Fund. 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 kristin@vator.tv. If you want a longer write-up, please do give us a couple of days heads up. If you'd like to be included in our Today's Entrepreneur column, please send me your Vator profile.

Image source: venturebeat.com



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Kristin Karaoglu

Woman of many skills: Database System Engineer; SplashX event producer; Author of Startup Teams

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