Cabify, the Spanish Uber competitor, has raised a $120 million Series C round of investment. The company is currently expanding into Latin America and is valued at $320 million by the investment.…
Proteus Digital Health Raises $50m for ‘Digital Medicine’
Digital medicine company Proteus Digital Health has secured $50 million in Series H financing. The company’s offerings include drugs that communicate when they’ve been taken, wearable sensors and applications and data analytics…
Ele.me Raises $1.25bn
Ele.me, a Chinese food delivery service, has raised $1.25 billion from Alibaba Group and its Internet finance arm Ant Financial. Alibaba has invested $900 million, while $350 million comes from Ant Financial.…
Oyo Rooms Raises $100m – Report
Oyo Rooms, an Indian on-demand hotel booking service, has raised $100 million in funding, Hindustan Times reports. Softbank led the round, with participation from Sequoia Capital, Lightspeed Venture Partners, Greenoaks Capital, DSG…
Luxe Secures $50m Series B Round
Luxe, a provider of on-demand valet parking and car services, has raise a $50 million Series B investment round. Hertz Global Holdings led the round, with participation from existing investors Redpoint Ventures…
Intercom Grabs $50m Funding Round
Customer communication platform Intercom has raised $50 million, bringing the company’s total funding to $116 million. Index Ventures led the round, with participation from previous backers ICONIQ Capital, Bessemer Venture Partners and…
Bright Health Grabs $80m in Series A Funding
Health insurance startup Bright Health has secured $80 million in Series A funding led by Bessemer Venture Partners and New Enterprise Associates. Flare Capital Partners and others also participated in the funding…
AIG Raises Another $85m
Africa Internet Group, an e-commerce platform and parent company of Jumia, has raised $85 million in new funding from telecoms company Orange. Last month AIG raised $326 million at a valuation exceeding…
Juicero Secures $70m Series B Funding Round
Juicero, a smart juicer maker, has raised $70 million in Series B funding led by Artis Ventures. Google Ventures and Kleiner Perkins Caufield & Byers also participated. Juicero’s flagship product is a…
Spotify Raises $1bn
Music streaming company Spotify has secured $1 billion in convertible debt from investors. Private equity firm TPG and hedge fund Dragoneer Investment Group led the round, which also included clients of Goldman…