Daily funding roundup - May 7th, 2019

Kristin Karaoglu · May 7, 2019 · Short URL: https://vator.tv/n/4ded

Hubtype raised $1.1M; Virtuous closed $3M; MedCrypt landed $5.3M; CollegeDekho secured $8M

Aito: Aito gives new meaning to intuitive and safe operation of electronic devices. Aito has raised €1 million in seed funding, including from Nokia Chairman Risto Siilasmaa. Others investors include Hermitage, UMO Capital, and Business Finland. Read more  

Hubtype: Hubtype empowers developers to build, deploy and scale conversational messaging apps and integrate them with enterprise softwares with React. Hubtype has raised $1.1 million in seed funding. The Madrid-based early-stage VC firm K Fund led the round. Read more  

Liquid Death: Liquid Death is an L.A.-based water brand. Liquid Death has raised $1.6 million in seed funding led by earlier backer Science Inc, with additional participation from Dollar Shave Club founder Michael Dubin, Twitter co-founder Biz Stone, and Away co-founder Jen Rubio. Read more

Urban Jungle: Urban Jungle is an insurance technology business based in the UK. Urban Jungle leverages technology to help young customers get access to cheaper, better, home insurance. Urban Jungle has raised £2.5 million in seed funding, including from Rob Devey, the former CEO of Prudential UK, and Simon Rogerson, CEO of Octopus Group. Read more  

Virtuous Software: Virtuous is the enterprise generosity platform helping charities do more good by re-imagining donor software. Virtuous has raised $3 million in Series A funding, including from MATH Venture Partners. Read more  

MedCrypt: MedCrypt provides medical device data security as a service. MedCrypt has raised $5.3 million in new funding led by Section 32, with participation from Eniac Ventures and Y Combinator. Read more  

CollegeDekho: CollegeDekho is an educational advertising market. CollegeDekho has raised $8 million in Series B funding. Its parent company, Girnarsoft Education, co-led the round with the London-based private equity investor Man Capital, an earlier investor. Read more  

Kolmostar: Kolmostar is a positioning technology company that revamps the positioning approach in environments for internet-of-things devices. Kolmostar has raised $10.5 million in Series A funding. Momenta Ventures led the round; other participants include Ab Initio Capital, Frees Fund, Eastern Bell Venture Capital and StarVC. Read more  

Promethera Biosciences: Promethera Biosciences is a biopharmaceutical company focused on cell therapy products to treat liver diseases. Promethera Biosciences has raised €39.7 million ($44.4 million) in Series D funding co-led by Itochu and Shinsei Capital Partners. Read more  

FLEXE: FLEXE connects you to warehouse capacity when, where, and how you need it. FLEXE has raised $43 million in Series B funding co-led by Activate Capital and Tiger Global Management, with participation from Madrona Venture Group, Redpoint Ventures, and Prologis Ventures. 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.

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Kristin Karaoglu

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

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