Workit Health raised $90M; Cedilla Therapeutics secured $25; Selfbook landed $25MRead more...
MycoTechnology closed $9.2M round; Mast received $7M; HRBoss landed $2M
- Entrenar.me, a Valencia, Spain-based platform that connects people to personal trainers, closed a €205,000 ($233,700) funding round. The round was led by SeedSyndicates, with participation from Sensu Invest, Plug and Play Spain, Blueline Sportswear, and the Valencian Institute of Finance. The company intends to use the funds to continue to grow nationwide and in LatAm and develop a mobile app.
- Parclick, a Madrid, Spain-based startup that allows drivers to find and book a parking spot, closed a €750,000 funding round. The round was led by Capitana Venture Partners. The company will use the funds to expand operations across Europe. Founded in 2011 by CEO Luis París, Parclick is an online platform for parking reservations in Europe connecting drivers with free spots. The service currently partners with 600 parkings in Spain, France, Italy, Portugal, with more than 125.000 users.
- Lisbon-based startup Codacy, raised €1 million ($1.1million) in a seed extension round, from Caixa Capital with participation from current investors Faber Ventures and E.S. Ventures, Join Capital (their first public investment) and business angels Henrique de Castro (an Ex COO of Yahoo), and other business angels. This brings their total funding to €1.5 million. They are also launching support for two new languages – Ruby and Java.
- Cloud-based human resources platform HRBoss announced this week a US$2 million round led by Malaysian financial and IT conglomerate Pacific & Orient Berhad. Additionally, the round was advised by the investment banking team for HL Bank, the Singaporean branch of Malaysia’s Hong Leong Bank Berhad. The money will be used for further expansion across the Asia Pacific region. The latest round puts total funding for the Singaporean company at US$14 million since being founded in 2011.
- Mast, a New York-based provider of a mobile business communications platform, received over $7 million in funding. The round was led by FirstMark Capital, with participation from DFJ, Eniac Ventures, Harrison Metal, HMM Investors, and Initialized Ventures. Founded in 2013 by CEO David Messenger, Peter Lurie, David Dawson, and Bubba Murarka, Mast gives each employee one device with separate work and personal numbers, and privacy on their personal usage and eliminates under-used desk phones and other services.
- MycoTechnology, an innovative natural food technology company that uses mushrooms to improve the taste of everyday food and drinks announced the first close of its Series A round on $9.2 million. The round involved participation from three venture capital firms: S2G (Seed 2 Growth) Ventures, Paris-based Seventure Partners, and Middleland Capital. MycoTech will use the proceeds of the Series A to expand the team and building a new facility with the aim of moving in early 2017. The business is expanding rapidly with plans to nearly double its head count over the next several months, according to Hahn.
- Lyra Health, a startup that plans to identify employees who are struggling with mental health, intervene to match them with the right healthcare provider, and track outcomes. Lyra Health has raised $35 million in a Series A round led by Greylock Partners and existing investor Venrock to develop screening tools, which it plans to have widely available to self-insured companies and health plans in 2017.
- San Francisco-based venture firm SignalFire announced its launch this week and disclosed it has already invested in eight companies with its inaugural $53 million seed-focused fund. Regulatory filings for the fund indicate SignalFire raised $49.5 million from 27 investors and an additional $3.105 million from 23 investors. The Wall Street Journal reported that LPs included fund-of-funds Horsley Bridge Partners and individual investors, such as Yahoo co-founder Jerry Yang and Slack Technologies founder Stewart Butterfield.
- Fuze Entertainment, a Chinese game console maker founded by Wang Feng, CEO of game developer LineKong, has announced $60 million USD in funding from a consortium including IDG Capital, Northern Light Venture Capital, Fosun Ventures and LineKong. The company has a core team coming from Huawei, NVIDIA, Microsoft, TCL and Tencent. The new funding is primarily earmarked for new gaming content and user accumulation, said Wang. He added that they are looking to raise between $100 to $200 million USD in the next round.
If you are interested in being included in our funding roundup, submit your press release or blog post about your financing round to firstname.lastname@example.org.
Image source: imperial-consultants.co.uk
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