Magic Leap Now Valued at $4.5B after Raising $793.5M
Magic Leap is an augmented reality startup, which was inaugurated in 2010. The company is yet to launch its first product, but it was currently valued at $3.7 billion before …
Ludlow Ventures Targets $40 Million in Raising Second Fund
Ludlow Ventures is set to raise its second venture fund. The early-stage venture firm in Detroit is targeting $40 million, despite the fact that a new SEC filing suggests that …
Botify Raised $7.2M in Funding
Botify, a French startup founded in 2012, raised $7.2 million financing from Indivest and Ventech in a Series A round. The startup provides traffic and SEO management service to companies …
AiCure Raises $12.5M
Did you know that the US healthcare industry loses over $378 billion annually due to people’s negligence in taking their medical pills? Did you also know about the startup AiCure …
Foursquare Raises $45M and Gets New CEO
Foursquare, a mobile and web application launched in 2009 known primarily for local places search service to its users, recently raised $45 million in equity financing on a series E …
Babylon Raises $25M in Funding
U.K digital doctor application, Babylon, recently raised $25 million on a Series A round led by a Swedish investment company, AB Kinnevik. The startup’s original backer Hoxton Ventures, the founders …
Toast Raises $30M
In a round led by Bessemer Venture Partner, Toast, a point-of-sale service for restaurants, raised $30M in funding today. Google Ventures was also one of the investors. Toast currently has …
On-Demand Smartphone Repair Startup, CellSavers Raises $3M
Itai Hirsch, CellSavers’ co-founder, got the idea for his company after he’d broken many of his smartphones and tablets. CellSavers works like Uber except it is for smartphone repairs. The …
Avon Engages in Deal to Split off Business in North America
Avon’s North American business has been taken over by Cerberus Capital Management. The company has also agreed to invest in the parent, which is now valued at below $2 billion. …
Jibo, MIT’s “Social Robot, Gets $16M Funding
Fenox Venture Capital from Silicon Valley led a series A-financing extension round for Jibo. The goal is to facilitate Jibo’s expansion into the Asian scene. Japanese conglomerates Sega Sammy Holdings …