Investments

Investments
Digital Manufacturing Platform Carbon Raises $260M
June 25, 2019

Carbon, a digital manufacturing platform, has raised more than $260 million in a funding round led by Baillie Gifford and Madrone Capital Partners, according to a release by the company. Temasek, Arkema, Johnson & Johnson Innovation, Fidelity Management & Research Company, Adidas Ventures, JSR Corporation...

Investments
India-Based Banking Startup Open Raises $30M To Help SMBs
June 25, 2019

A “neo-bank” startup called Open and based in Bangalore has raised $30 million in a Series B funding round, according to a report by TechCrunch. Tiger Global led the funding round, and Tanglin Venture Partners, AngelList Syndicate, Speedinvest and 3one4 Capital all participated. The company...

Investments
Grab Backs UK Startup Splyt Technologies
June 25, 2019

In a move that will extend the reach of its services outside of Southeast Asia, Grab has extended a partnership with Splyt Technologies and invested in the United Kingdom-based startup. Through the technology, Grab users venturing beyond that region can make ride reservations and have...

Investments
Ford-Backed Argo AI Spends $15M On Autonomous Vehicle Research
June 25, 2019

Argo AI announced that it has pledged $15 million over five years to fund the Carnegie Mellon University (CMU) Argo AI Center for Autonomous Vehicle Research. “It’s an amazing time for those of us in the fields of robotics and artificial intelligence. We’re starting to see...

Investments
Fortino Capital Backs Dutch T&E Firm Declaree
June 24, 2019

Fortino Capital Partners revealed that it has invested in Declaree, expanding its portfolio of travel and expense management companies. Founded in 2014 by Bas Janssen, Bart Jochems and Jasper Spoor, Declaree aims to simplify and facilitate paper-based expense management processes. The firm serves 750 clients...

Investments
Chinese P2P Lender Dianrong Completes Funding Round
June 21, 2019

Chinese P2P lending company Dianrong, which offers lending solutions and investment products, has completed its latest funding round, according to reports. Standard Chartered Private Equity was the main investor, and Affirma Capital also participated in the round. The amount of the raise wasn’t disclosed, but...

Investments
Xealth Raises $14M In Series A
June 21, 2019

Digital health startup Xealth has announced that it has raised an additional $3 million in its Series A financing, bringing the total amount raised in this funding round to $14 million. New investors Atrium Health, Cleveland Clinic and MemorialCare Innovation Fund joined McKesson Ventures, Novartis,...

Investments
SmartRent Raises $32M To Make Apartment Rentals Smart
June 19, 2019

Is the smart money banking on SmartRent’s smart home strategy? News comes Wednesday (June 19) that, per Reuters, SmartRent has landed $32 million in funding from Bain Capital Ventures and other investors. Bain Capital Ventures owns roughly 1 million apartments in the United States and...

Investments
Whitebox Notches $5M In Series A
June 19, 2019

To accelerate its eCommerce “Factory Floor to Front Door” platform, automation and fulfillment technology firm Whitebox has closed a TDF Ventures-led $5 million Series A funding round. New investor David Williams, who is Merkle’s chairman and CEO, joined existing major investors who are increasing their...