Browsing Category: Startups

  • Dream Games raises $7.5M seed to develop ‘high-quality’ puzzle games

    Dream Games, a Turkish mobile gaming company founded by former Peak Games employees who worked together on hit puzzle games Toy Blast and Toon Blast, has raised $7.5 million in seed funding. Leading the round is Makers Fund, with co-investment from London’s Balderton Capital. The funding will be used to increase headcount within the Dream …

    November 20, 2019 | by Raheel
  • Robinhood launches… UK waiting list

    It is approaching a year since TechCrunch broke news that Robinhood was stealthily recruiting for a London office ahead of plans to expand to the U.K. And in August the U.S.-based company, which pioneered “commission-free” stock-trading states-side, announced it had received regulatory approval to operate this side of the pond, signalling that a U.K. launch …

    November 20, 2019 | by Raheel
  • Lucence raises $20 million Series A for its non-invasive cancer screening technology

    Lucence Diagnostics, a genomic medicine startup that develops non-invasive tests for cancer screening, announced today that it has raised a $20 million Series A led by IHH Healthcare, one of the world’s largest integrated private healthcare groups. Other participants included SGInnovate and returning investors Heliconia Capital (a subsidiary of Temasek Holdings), Lim Kaling and Koh …

    November 19, 2019 | by Raheel
  • Luna is a new kind of space company helping biotech find its footing in microgravity

    Toronto-based startup Luna Design and Innovation is a prime example of the kind of space company that is increasingly starting up to take advantage of the changing economics of the larger industry. Founded by Andrea Yip, who is also Luna’s CEO, the bootstrapped venture is looking to blaze a trail for biotechnology companies who stand …

    November 19, 2019 | by Raheel
  • Clumio raises $135M Series C for its backup as a service platform

    Clumio, a 100-people startup that offers a SaaS-like service for enterprise backup, today announced that it has raised a $135 million Series C round, led by existing investor Sutter Hill Ventures and new investor Altimeter Captial. The announcement comes shortly after the company’s disclosure in August that it had quietly raised a total of $51 …

    November 19, 2019 | by Raheel
  • Robotics startup Picnic, known for its automated pizza assembly system, raises $5 million

    Picnic, a robotics startup that focuses on food production, announced today that it has raised $5 million in additional seed funding. The new round was led by Creative Ventures, with participation from Flying Fish Partners and Vulcan Capital. The company also said it has hired Kennard Nielsen, a product engineer who worked on the first …

    November 19, 2019 | by Raheel
  • Here’s the first look inside Orbex’s Scotland rocket factory

    European private launch startup Orbex is getting ready to start actually launching payloads aboard its own rockets, and it’s pulling back the curtains to give a look at the factory it’s using to build its launch vehicles. The UK-based company is building its rockets from a facility in Scotland, and this virtual tour gives an …

    November 19, 2019 | by Raheel
  • SocialRank sells biz to Trufan, pivots to a mobile LinkedIn

    What do you do when your startup idea doesn’t prove big enough? Run it as a scrawny but profitable lifestyle business? Or sell it to a competitor and take another swing at the fences? Social audience analytics startup SocialRank chose the latter and is going for glory. Today, SocialRank announced it’s sold its business, brand, …

    November 19, 2019 | by Raheel
  • Eden office management platform raises $25 million Series B

    Eden, the workplace management platform that connects office managers with service providers, today announced the close of a $25 million Series B round led by Reshape. Participants in the round also include Fifth Wall Ventures, Mitsui Fudosan, RXR Realty, Thor Equities, Bessemer Venture Partners, Alate Partners, Quiet Capital, S28 Capital, Canvas Ventures, Comcast Ventures, Upshift …

    November 19, 2019 | by Raheel