Daily funding roundup - May 14th, 2019

Kristin Karaoglu · May 14, 2019 · Short URL: https://vator.tv/n/4dfe

Storr raised $3M; Skylark closed $4M; Webscale landed $14M; Innowatts secured $18.2M

Storr: Storr enables anyone to open a store from their phone. On Storr, people make money selling products instead of retailers like Amazon. Storr has raised $3 million in new funding from Spark Capital. The company has now raised $7.8 million in what it's describing as pre-Series-A funding. Read more

Skylark Travel: Skylark is a booking platform for higher-end travel. Skylark has raised $4 million in funding led by 25Madison. Read more

Urban: Urban is a B2C and B2B technology marketplace connecting wellness professionals with buyers in their local neighborhood. Urban has raised $10 million in Series B funding led by Accelerated Digital Ventures, with participation from earlier backers Passion Capital and Felix Capital. Read more

Webscale: Webscale provides control for web apps: predictive auto-scaling, performance optimization, BOT mgmt, CDN, WAF and is a multi-cloud SaaS. Webscale has raised $14 million in Series B funding. Mohr Davidow Ventures led the round, joined by Benhamou Global Ventures and Grotech Ventures. Read more

Quadric.io: Quadric.io is building a supercomputer designed for the real-time needs of edge devices. Quadric.io has raised $15 million in Series A funding, including from the automotive company DENSO and Leawood VC. Read more

TomboyX: TomboyX is a fashion-based company that offers clothes and accessories to any gender. TomboyX has raised $18 million in Series B funding led by Craftory in exchange for a majority stake in the business. Read more

Innowatts: Innowatts is an energy technology company transforming the way energy is bought, sold, managed and consumed. Innowatts has raised $18.2 million in new funding led by Energy Impact Partners. Earlier investors Shell Ventures, Iberdrola andEnergy & Environment Investment participated along with another new investor, Evergy Ventures. Read more

Algorithmia: Algorithmia is an open marketplace for algorithms, enabling developers to create tomorrows smart applications today. Algorithmia has raised $25 million in Series B funding led by Norwest Partners. Fellow investors Madrona, Gradient Ventures, Work-Bench, Osage University Partners and Rakuten Ventures also joined the round. Read more

Cynora: Cynora is an OLED materials company whose tech is used in organic light-emitting diode displays. Cynora has raised $25 million in Series C funding led by SRF. Other backers include DBOLED, SBI Cross-Border Advantage Fund and earlier investors MIG Funds and Wecken & Cie. Read more  

IsoPlexis: IsoPlexis is a life sciences company developing an innovative, single-cell, protein response analysis platform. IsoPlexis has raised $25 million in Series C funding. Northpond Ventures led the round. Read more

Hydrow: Hydrow is a provider of a connected indoor rowing machine. Hydrow has raised Series A funding that takes the round to $27 million. L Catterton led the first tranche in February; new investors in the round include Rx3 Ventures, Wheelhouse, The Raptor Group and The Yard Ventures. Read more

WekaIO: WekaIO has built the world's fastest file system for AI and technical computing. WekaIO has raised $32 million in Series C funding from HP Enterprise, Mellanox, NVIDIA, Seagate, Qualcomm and Western Digital Capital. Read more  

Tempo Automation: Tempo is the world’s fastest low-volume electronics manufacturer. Tempo has raised $45 million in Series C funding led by Point72 Ventures, with participation from earlier backers Lux Capital and Uncork Capital, plus new investor Lockheed Martin. 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: culhanemeadows.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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