Guardant Health, a health tech company creating non-invasive cancer genomic sequencing, has completed a $100 million Series D investment round. The capital raise includes equity financing and a term loan facility. OrbiMed…
Flatiron Health secures $175m funding round
Flatiron Health, a cloud-based oncology software provider, has raised a Series C round of funding worth $175 million. Roche led the round, with participation from Allen & Company, Baillie Gifford and Casdin…
Germany Looks to Win the Smart Factory Game in 2016
by Anam Alpenia Nestled beside the Franco-German border, on the eastern banks of the Rhein, Karlsruhe is a natural location for big business. It is also one of the country’s premier technological…
Hometeam grabs $27.5m Series B round
Hometeam, a home care startup, has raised $27.5 million in Series B funding. Oak HC/FT and existing investors Lux Capital, IA Ventures and Recruit Strategic Partners in the all participated in the…
GM invests $500m in Lyft, plans to build driverless taxi fleet
Lyft, the ride-hailing app competing with Uber, has confirmed a $1 billion funding round led by a $500 million investment from General Motors. The two companies plan to develop an on-demand network…
2015 in Tech: The Year’s Biggest Winners and Losers
In another big year for technology news, there were, as always, plenty of winners and losers. Here Red Herring checks out some of those who felt on top of the world, and…
Lyft planning $1bn funding round raise – report
Ride hailing startup Lyft is planning to raise as much as $1 billion in new funding, according to a report by Bloomberg yesterday. A Delaware state filing was cited as proof of…
WellDoc grabs $22m Series B round
Digital health startup WellDoc has completed a $22 million Series B round of financing. Samsung Ventures was the lead investor, with Merck Global Health Innovation co-lead, according to a company press release.…
Tastemade closes $40m funding round
Tastemade, a digital media company focused on food and lifestyle programming, has closed a $40 million Series D funding round led by Goldman Sachs’ Merchant Banking Division. Existing investors Redpoint Ventures, Raine…
Gap between St Petersburg and Moscow narrowing – but funding still miles away
When Pavel Durov was dismissed as CEO of VKontakte, the social media platform he had founded in 2006, last summer, Saint Petersburg’s tech community lamented the loss of its most enigmatic character,…