More than $1.788B as strategic funding pour in the digital economy last week
The state of the digital economy last week features
the quality of funding, and the determination of investors who have been seduced
inter alia by: consumer lending platform; ridesharing app; mobile banking; e-commerce ,
mobile apps for videos and more.
Within
this trend, Connectikpeople.co has captured for you:
$34M / Series C for
Craftsvilla , an Indian online marketplace for ethnic
merchandise such as saris, jewelry, and musical instruments. The company plans
to launch its own private-label brand as well as expand into new verticals, including
food and herbal items.
Investors include: Nexus
Venture Partners, Lightspeed
Venture Partners, Global
Founders Capital, and more.
$275M / Series B for
Earnest, a consumer
lending platform for student and personal loans. In addition to this $75M
in equity, the company raised $200M in debt led by New York Life.
Investors include: Battery
Ventures (Lead) ; New
York Life Insurance Co.
$75M / Series B for
Datto that provides backup and disaster recovery services
for small to medium sized businesses. The company has raised $100M in total
funding across two rounds.
Investors include: Technology
Crossover Ventures (Lead).
$500M / Series F for
Ola, an Indian ridesharing app that connects
consumers with taxis, auto rickshaws, and carpooling services. The latest round
of financing was led by new investor Baillie Gifford.
Investors include: Baillie
Gifford (Lead), DST
Global, SoftBank
Telecom Corp, Tiger
Global Management and more.
$12M / Series A for
Align Commerce that is
using blockchain technology to create a cross-border
payment tech for small and medium-sized businesses.
Investors include: Kleiner
Perkins Caufield & Byers (Lead), Digital
Currency Group, Recruit
Venture Partners, Pantera
Capital and more.
$8.0M / Series A for
Joyable, that helps
users overcome social anxiety with a series of interactive cognitive behavioral therapy exercises that they can
complete when they have time.
Investors include: Thrive
Capital (Lead) ; Harrison
Metal.
$128M / Venture for
Atom Bank , a mobile banking startup that's targeting
consumers between the ages of 18-34. The company says that this round of
financing will be the last before going public in early 2016.
Investors include: BBVA (Lead), Toscafund
Asset Management.
$100M / Series D for
Deliveroo that offers on-demand food delivery from premium
restaurants. Founded in 2013, the company has raised to $200M.
Investors include: Greenoaks
Capital (Lead), DST
Global (Lead), Hummingbird
Ventures, Accel and more.
$27M / Series C for
Placester, an online real estate startup that
provides services for agents and brokers. the company has raised $50M to date.
Investors include: New
Enterprise Associates (Lead), Romulus
Capital (Lead).
$350M / Series B for
Jet; an e-commerce company that lets consumers
shop for a wide variety of items. The latest round values the company at $1.35B
post-money.
Investors include: Fidelity
Investments (Lead), Google
Ventures, Alibaba
Capital Partners, Bain
Capital Ventures
$200M / Series D for
Yixia Tech, a
Beijing-based maker of MiaoPai, an app that lets users shoot, edit, and share
10 second videos. The company has
raised $250M in total funding.
Investors include: Sina
Weibo (Lead), YG
Entertainment, Sequoia
Capital.
$12M / Series B for
Fever, a mobile app that provides users with a
curated list of local events based on their preferences. It is available in
Madrid, New York City, Valencia, and Barcelona.
Investors include: 14W, Accel, Fidelity.
$22M / Venture for
Crunchyroll ; an anime-focused video service that
produces content including Naruto Shippuden and Sailor Moon.
Investors include: Otter
Media (Lead)
9.5M GBP / Series C for
SportPursuit, a UK-based
flash sales site for outdoor and
sports gear. Investors
include: Scottish
Equity Partners (SEP), Grafton
Capital, Draper
Esprit.
$8.0M / Series B for
Sidecar, machine learning technology that
leverages big data to deliver programmatic marketing decisions for e-commerce
companies. Founded in 2010, Sidecar has raised $15.1M to date.
Investors include : Ascent
Venture Partners, Osage
Venture Partners, Sashi
Reddi.