Fundings & Exits

  • Industrious buys PivotDesk, raises $25M to be WeWork without startup bros

    Industrious buys PivotDesk, raises $25M to be WeWork without startup bros

    In the recruiting wars, a cool office is critical. Not just for scrappy startups, but big businesses with regional HQs, as well. So while WeWork signs questionable 20-year leases to provide desks for twenty-something engineers, Industrious is taking a more classy and conservative approach to coworking space. Read More

  • Backed by LocalGlobe, London-based Flourish launches data visualisation platform

    Backed by LocalGlobe, London-based Flourish launches data visualisation platform

    Flourish, a new startup out of London, has launched what it describes as a data visualisation platform, designed to make it easier for companies, including media organisations, to visualise and tell stories through data. The company is also disclosing $1 million in backing from Robin and Saul Klein’s LocalGlobe, and U.S.-based Founder Collective. Read More

  • Chinese internet giant Tencent buys 5% of Tesla

    Chinese internet giant Tencent buys 5% of Tesla

    Tencent, Asia’s second highest valued tech firm, has bought a five percent share in Tesla. According to a filing, the Chinese firm scooped up 8,167,544 shares for around $1.7 billion to become one of Tesla’s largest shareholders. The news itself sent Tesla’s share price up three percent in pre-market trading. The purchase was arranged on March 17, and those… Read More

  • Wrench raises $4 million to bring auto repairs to your door

    Wrench raises $4 million to bring auto repairs to your door

    A Seattle startup called Wrench has raised $4 million in Series A funding for an app that sends certified auto mechanics to the customer’s door. The round was led by Madrona Venture Group, according to Wrench CEO and co-founder Ed Petersen. In general, people dread cars repairs. According to a AAA survey, 2 out of 3 people in the U.S. don’t trust auto repair shops and more… Read More

  • Canon acquires London-based printing tech startup Kite

    Canon acquires London-based printing tech startup Kite

    Canon Europe seems to be developing a penchant for buying up London-based startups in the photo or printing space. Following the acquisition of parental photo-sharing app Lifecake in 2015, the company is on a shopping spree again, this time acquiring Kite, a print tech startup that lets developers add on-demand printing features to their apps. Read More

  • Arable raises $4.25 million to demystify farming with sensors and data

    Arable raises $4.25 million to demystify farming with sensors and data

    Believe it or not, farmers in the U.S. have faced a labor shortage for years. U.S. citizens aren’t drawn to agriculture the way they were in previous generations. The labor trend has pushed farmers to automate some of the tasks done by agronomists and field workers in the past, using software, robotics and IoT devices like Arable’s. Read More

  • Spotify acquires content recommendation startup MightyTV

    Spotify acquires content recommendation startup MightyTV

    Spotify this morning announced its latest move to expand its marketing and advertising horizons: it has acquired and shut down content recommendation service MightyTV, a startup that (as its name implies) focused on video recommendations, with an app that used a Tinder-style swipe interface to help guide you to TV and film choices compatible with your own tastes. As part of the deal… Read More

  • Snapcart raises $3M to track offline commerce data in Southeast Asia

    Snapcart raises $3M to track offline commerce data in Southeast Asia

    Snapcart, a startup helping to bring transparency to the world of offline commerce in Southeast Asia, has raised $3 million in pre-Series A funding. We first wrote about the company when it launched in September 2015 with the aim of providing data on the largely uncharted world of offline commerce in Southeast Asia, a region of over 600 million consumers and a growing middle class. Read More

  • Alteryx rises 11% in data analytics IPO

    Alteryx rises 11% in data analytics IPO

    Alteryx, the data analytics company, went public on the New York Stock Exchange today, marking the third IPO of the year. The company priced its IPO yesterday at $14 per share, and closed Friday at $15.50, or 10.7% higher. Alteryx works with clients like Amazon, Ford and Coca-Cola to help them better assess what products are selling and where there are market inefficiencies. CEO Dean… Read More

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