Startups funding: TicTail, Hampton Creek Foods, and Duolingo can now expand their services and products.
If unfamiliar,
Connectikpeople.co recalls that, this rubric is intended to help organizations,
and investors to live in real-time what happens in the startups world; in terms
of funding, acquisitions, strategic alliances and more. Regarding the emerging countries, and startups, this is an
instrument for them to discover which Venture Capital or Business angel can
fund their
projects.
TicTail (founded in 2012, Stockholm-based DIY e-commerce platform), has
raised $8 million in a Series A round led by Thrive Capital with participation from previous investor Balderton Capital. This startup simplifies the process
of creating online storefonts, providing an accessible e-commerce solution for
independent brands and retailers. TicTail currently announces 35,000 stores
within its portfolio, and is now expanding to the U.S. with plans to open up a
new office in NYC.
Hampton Creek Foods (Founded in 2011, San Francisco-based alternative food
startup), has raised $23 million in a Series B funding led by Horizons Ventures with participation from Jerry Yang and AME Cloud Ventures, previous backers Khosla Ventures, Collaborative Fund, and Eagle Cliff, and with a handful of angels. Hampton Creek Foods is creating affordable
alternatives to animal-based foods such as egg-free mayonnaise and cookie
dough. Hampton Creek has raised $30
million in total funding and will use the latest funds to hire more employees
and ramp up production.
Duolingo (Founded in 2011, Pittsburgh-based free language learning service), has
raised $20 million in new funding led by
Kleiner Perkins Caufield & Byers. Duolingo allows students to learn a language for free while translating
parts of the web. Duolingo has raised around $38 million in funding to date.