Funding: Luxola, Cortica, and Adbrain, can now expand their product offering and operational capacity.
As, a unique objective reference for
organizations and professionals, when it comes to Tools, Supports and Solutions
for drawing value-added in their activities, 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.
Luxola (launched in 2012, Singapore-based online beauty store), has raised
$10 million in a Series B, round led by Japanese corporate investor Transcosmos with participation from
existing backer GREE Ventures. Connectikpeople.co recalls that, this startup offers men and women's
beauty and skincare products from over 100 brands. Luxola plans to put the new
funds toward improving its web and mobile platforms as well as expanding its
product offering and operational capacity.
Cortica (Founded in 2007, Israeli
image identification technology company), has raised $20 million in Series C
funding from Mail.ru, Horizons Ventures, and Ynon Kreiz. This company has developed technology that can identify and recognize
images of objects and humans, primarily used by advertising networks to provide
relevant content to users. Cortica has raised $38 million to date and will use
the latest
investment to fund expansion into new markets.
Adbrain (launched in 2013, London-based
artificial intelligence startup), has raised $7.5 million in a Series A funding
led by Octupus Investments with participation from Notion Capital. With Adbrain, advertisers can
track and analyze user data and target audiences. Adbrain has raised a total of $9 million in funding to date.