News on Deals, Technology, Funding, Launches and Startups for June 14, 2018 – VentureCanvas

   2018-06-14 00:06

TODAY’S CURATED LIST OF HEADLINES

News headlines on dealings, wheelings, regulations, merger and acquisition (M&A) deals, exits, private equity (PE) deals, venture capital (VC) deals, IPO’s, funding and startups found around the web, curated for you from a large number of sources! You may need a subscription to read some of the articles.



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Alleywatch

  • This NYC Startup Just Raised $5.65M For Its Blockchain-Based Financial Matching Engine for The Advertising Industry
    by AlleyWatch on 2018-06-13 at 16:27People don’t normally associate blockchain technology and advertising together, but NYIAX changes that through its blockchain-powered, patented financial matching engine for the advertising industry. Developed in partnership with Nasdaq, it provides advertisers and publishers with a platform to buy, sell, and re-trade advertising contracts, similar to financial instruments. It is built on […]
  • The AlleyWatch NYC Startup Daily Funding Report: 6/13/18
    by AlleyWatch on 2018-06-13 at 16:17Here are the latest venture capital, seed, and angel deals for NYC startups for 6/13/18. This page will be updated throughout the day to reflect any new fundings. […]
  • Breaking Down the Block in Blockchain
    by Kristoffer Nelson on 2018-06-13 at 16:07You’ve likely heard the buzz around blockchain technology. You may not have Satoshi Nakamoto on speed dial or $1.5M in your crypto wallet, but hey, one step at a time. If you’re a blockchain beginner, you probably didn’t understand any part of that last sentence. But, fear not, in part one of my blockchain series, […]
  • 3 Marketing Techniques Every Startup Must Master
    by Roy Morejon on 2018-06-13 at 15:27Remember Pokémon GO? Of course you do because it was all you heard about for a few quick months in the summer of 2016. With millions of people downloading and playing the game, retailers and restaurants leaped at the opportunity to sponsor in-game experiences. Players flocked from location to location to virtually battle one another […]
  • 5 Content Marketing Tips Every Successful Entrepreneur Must Employ
    by Obinna Ekezie on 2018-06-13 at 14:27What are your content marketing goals? If you want not only success but sustained success, this question should be visited and revisited often. Every business will have vastly different content marketing strategies, whether they involve blogging about the benefits of certain products or infographics that people can share via social media to strengthen brand awareness. Though these […]
  • 8 Rungs On The Accountability Ladder Drive Leadership
    by Martin Zwilling on 2018-06-13 at 12:27Most business managers preach that the key to success is holding employees accountable for actions, but I have found that successful entrepreneurs are all about holding themselves accountable. They skip the blame and complain game, and make things happen despite major obstacles. As a startup investor, I view any evidence of a victim mentality as […]

The Times of Israel

FinSMEs

  • Six Foods Receives Investment from University of Michigan’s Social Venture Fund
    by FinSMEs on 2018-06-13 at 21:07Six Foods, a San Francisco, CA-based insect-based food company, received an investment from the Social Venture Fund, a student-led impact investing fund, based in the Zell Lurie Institute for Entrepreneurial Studies at the University of Michigan’s Ross School of Business.  The amount of the deal was not disclosed. The company intends to use the funds to hire […] The […]
  • Packaging Technology Company BluWrap Raises Additional Funding
    by FinSMEs on 2018-06-13 at 20:54BluWrap, a London, UK-based provider of patented and FDA-approved packaging technology that extends the shelf-life of fresh protein, secured further equity financing through a Series D funding. The round was led by existing investor Wheatsheaf Group. Led by Ola Strand, CEO, had developed technology that uses patented oxygen management techniques to create and maintain an […] The post […]
  • Logistics Startup DeliveryCircle Raises Series A Funding
    by FinSMEs on 2018-06-13 at 20:35DeliveryCircle, a Newark, DEL-based last mile logistics startup, raised a Series A funding round of undisclosed amount. The round was led by Cambridge Capital, NFI and other strategic investors. The company intends to use the funds to continue its growth within the $3 billion segment of same-day delivery services. Founded in 2014 and led by […] The post Logistics Startup DeliveryCircle […]
  • Cleo Raises $10.5M in Series A Funding
    by FinSMEs on 2018-06-13 at 20:08Cleo, a San Francisco, CA-based startup that allows working parents to transition back to the workplace, raised $10.5m in Series A funding. Backers included Greylock Partners, Forerunner Ventures and Felicis Ventures. In conjunction with the funding, Sarah Guo from Greylock, has joined Cleo’s board of directors. The company, which has raised over $13M in total […] The post Cleo […]
  • AccessOne Receives Investment from Echo Health Ventures
    by FinSMEs on 2018-06-13 at 19:52AccessOne, a Durham, NC-based provider of patient financing options designed to help patients manage their health care costs, received an investment from Echo Health Ventures, which is a strategic collaboration of Cambia Health Solutions and Mosaic Health Solutions. The amount of the deal was not disclosed. The round was led by Frontier Capital. The investment […] The post AccessOne […]
  • Clean Technology Startup Polystyvert Raises C$11M in Funding
    by FinSMEs on 2018-06-13 at 19:41Polystyvert, a Montréal, Canada-based clean technology startup, raised C$11m in funding. Backers included Quadriam Investments, Energy Foundry, Transition énergétique Québec, Anges Québec, Anges Québec Capital and Cycle Capital Management. The company, which has also received funding and support from Sustainable Development Technology Canada (SDTC), […]
  • InSphero Raises $10M in Funding
    by FinSMEs on 2018-06-13 at 17:34InSphero, a Schlieren, Switzerland-based provider of 3D cell-based platforms for drug discovery and efficacy testing, raised $10m in funding. The round brings total funding to date to USD$35m. Backers included former GM of Promega Switzerland Dr. Jürg Gysi, who is now President of the InSphero Board of Directors. The company intends to use the funds to […] The post InSphero […]
  • Media Company Inspo Raises $5.5M in Seed Funding
    by FinSMEs on 2018-06-13 at 17:23Inspo Network, a Seattle, Wash.-based creator-driven media company focused on the lifestyle market, raised $5.5m in seed funding. The round was led by PSL Ventures with participation from a number of media and technology leaders, including Rich Barton, Nick Hanauer through Second Avenue Partners, Clark Kokich, and Dan Levitan. With the funding, Inspo has appointed […] The post Media […]

Crowdfund Insider

  • UK Insurtech Platform Wrisk Nears £1M Milestone on Seedrs
    by Erin Hobey on 2018-06-14 at 06:14The Seedrs alum Wrisk began its second crowdfunding campaign in May — its second within a year — and is crushing it again within a few weeks. Having already raised over £954,550 on its current Seedrs convertible campaign (a mere £500K was the platform’s initial goal),… Read More The post UK Insurtech Platform Wrisk Nears £1M Milestone on Seedrs appeared […]
  • Femtecher WOOM’s Booming Crowdcube Campaign: Overfunding & Expected to Deliver More than £400K in Near Term
    by Erin Hobey on 2018-06-14 at 05:40Spanish startup WOOM, a data app that empowers women to maximize chances of pregnancy, is overfunding and poised to easily surpass £400,000 on its equity crowdfunding campaign on Crowdcube. Just last week, WOOM celebrated hitting its £300K initial goal. More than 77 investors have stepped up… Read More The post Femtecher WOOM’s Booming Crowdcube Campaign: Overfunding […]
  • Ex-SAP CEO Henning Kagermann Joins Mambu’s Board
    by Erin Hobey on 2018-06-14 at 05:04Mambu, the Berlin-based SaaS engine powering innovative lending and deposits, announced that business leader and academic Henning Kagermann joined its board of directors. Mambu will draw on Kagermann’s decades of executive and operational expertise to help guide the company as it increasingly attracts interest and business… Read More The post Ex-SAP CEO Henning Kagermann Joins […]
  • SharesPost Unites with Satis Group to Provide Advisory Services and Compliant Transactional Platform Combo for Security Token Issuers
    by Erin Hobey on 2018-06-14 at 04:48SharesPost, a private company liquidity solutions and private capital markets research provider, has joined forces Security Token Offerings advisory firm Satis Group LLC d/b/a Corinthian Partners LLC. Satis is the first partner participating in SharesPost’s newly-launched global Advisor Partner Program. The partnership aims to result… Read More The post SharesPost Unites with Satis Group […]

Tech.eu

  • British spacetech startup Oxford Space Systems raises £6.7 million
    by Andrii Degeler on 2018-06-14 at 00:01Oxford Space Systems (OSS), a British startup that builds deployable space antennas and structures, has landed £6.7 million in funding from IQ Capital, Longwall Ventures, Foresight Williams, Midven, and Wren Capital. The startup will use the new funding to move to its new purpose-built headquarters in the Harwell Space Cluster outside Oxford, which is said […] The post British […]
  • Organic grocery delivery startup Farmdrop raises £10 million to expand to Northern England
    by Andrii Degeler on 2018-06-13 at 23:02Farmdrop, a UK-based local organic food delivery startup, has raised £10 million in a Series B funding round. The fresh capital injection led by LGT Impact Ventures and Belltown Ventures brings the total investment attracted by the company to £20.75 million. An existing investor, the VC firm Atomico, has also participated in this round. The […] The post Organic grocery delivery […]
  • Belarusian FaceMetrics raises $2 million for its smart parental control app
    by Andrii Degeler on 2018-06-13 at 20:29FaceMetrics, a Belarus-founded startup working on an AI-powered parental app Nicola for the iPad, has raised $2 million from Belarusian VP Capital and Russian Larnabel Ventures. The application itself is set to be released by the end of summer. It will be available for free for users in Belarus, while customers elsewhere would have to […] The post Belarusian FaceMetrics raises $2 million […]
  • France’s Avolta Partners launches Volta ICO Syndicate to bring traditional investors closer to pre-ICO token sales
    by Andrii Degeler on 2018-06-13 at 11:08French investment bank and M&A advisor Avolta Partners has launched Volta ICO Syndicate, which would allow traditional investors to participate in pre-ICO token sales. The company envisions the service as part of a future suite of offerings within the crypto-economy sector. In an announcement, Avolta Partners stated that it has built a “network of contractors, […] The post […]

Inc42

  • China’s Fosun International To Now Back Early Stage Startups In India
    by Meha Agarwal on 2018-06-14 at 03:01It seems PM Modi’s China visits has put its charm on the country’s investor community as well. Shanghai-based, Chinese investment company Fosun International, which has so far placed its bets only on the mid-to-late stage companies in India has now revealed its plans to back the early stage startups in the country. An ET report […] The post China’s Fosun International To […]
  • Now Food Processing Minister Comes To Rescue Amazon’s Food Retailing Plans In India
    by Meha Agarwal on 2018-06-14 at 01:56Amazon’s food retail plans in India hit a snag since it first made the investment proposal in February 2017. Fast forward to June 2018, Amazon is still brainstorming to bring clarity on the restrictions imposed by DIPP to take off its $500 Mn project in the country. However, now Food Processing Minister Harsimrat Kaur Badal […] The post Now Food Processing Minister Comes To Rescue […]
  • Zomato To Shut Down Its Own Cloud Kitchen Operations Under ZIS; Invests $15 Mn In Loyal Hospitality
    by Meha Agarwal on 2018-06-14 at 01:15Zomato, in its push towards cloud kitchen, has now committed to investing $15 Mn in Bengaluru-based Loyal Hospitality, reports ET. The first tranche of $5 Mn has already been invested in Loyal Hospitality which will help its team to expand operations and outlets further through a shadow kitchen model. Launched in 2015, Loyal Hospitality aims […] The post Zomato To Shut Down Its Own Cloud […]
  • Electric Vehicles This Week: Bharat Forge Invests $13.3 Mn, HMR To Have EV Charging Across Metros, And Many More
    by Dipen Pradhan on 2018-06-14 at 00:29The most recent survey says the global fleet of electric vehicles is likely to more than triple to 13 Mn by the end of the decade, from 3.7 Mn last year. The report released by Paris-based International Energy Agency (IEA) adds the EV sales may soar 24% each year on average through to 2030. IEA […] The post Electric Vehicles This Week: Bharat Forge Invests $13.3 Mn, HMR To Have EV Charging […]
  • Amazon India Will Now Facilitate Third-Party Loans For Sellers Under Seller Lending Network
    by Bhumika Khatri on 2018-06-13 at 14:49Strengthening its position in India, global ecommerce behemoth Amazon has launched its Seller Lending Network which offers sellers on Amazon India loan options from multiple third-party lenders. Based on company’s core values, the Amazon Seller Lending Network will provide sellers to choose loan offers tailored for their business needs from multiple lenders and loan types […] The […]
  • Amazon To Launch Its Audiobook Service — Audible — In India
    by Utkarsh Gupta on 2018-06-13 at 14:20Global ecommerce giant Amazon is planning to launch its audiobook and entertainment business, Audible, in India later this year. Inc42 had earlier reported that Amazon piloted Audible’s beta service in India with select customers and employees. Information regarding the price of Audible books in India is not available as of now. Amazon plans to introduce […] The post Amazon To Launch […]

TechCrunch

  • Catch these biotech investors speaking at Disrupt SF (Sept. 5-7)
    by Ned Desmond on 2018-06-14 at 15:01TechCrunch’s Disrupt SF (Sept. 5-7) will be one for the record books, with twice the attendees and twice the programming sessions compared to past Disrupts, which means we can tackle emerging, super exciting categories like biotech with both great speakers and a section of Start Up Alley devoted to biotech startups. (Pssst biotech founders…there is […]
  • Ford’s latest taxis use diesel and hybrid powertrains
    by Matt Burns on 2018-06-14 at 14:35The taxi of tomorrow might be dead but Ford today announced two new models that combine forward-looking technology with proven body styles. For the first time, Ford is offering a hybrid powertrain in a taxi model that is said to get a 40 mpg in the city. This news comes several weeks after Ford’s bombshell […]
  • Microsoft is developing its own cashierless store technology, says report
    by Sarah Perez on 2018-06-14 at 14:17Amazon may be facing new competition from Microsoft on its cashierless, automated store technology, according to a new report from Reuters out this morning. The report claims Microsoft is in the process of developing its own systems for tracking what people place in their shopping carts, but doesn’t offer the details of how Microsoft’s technology […]
  • Celebrity funds from Jay Z, Will Smith and Robert Downey Jr. are backing a life insurance startup
    by Jonathan Shieber on 2018-06-14 at 13:36Ethos, the company that bills itself as making life insurance accessible, affordable and simple, has officially come out of stealth with an $11.5 million investment led by on of the world’s top venture firms, Sequoia Capital, and additional participation from the family offices of Hollywood’s biggest stars and an NBA all-star. Jay Z’s Roc Nation, […]
  • Snapchat launches privacy-safe Snap Kit, the un-Facebook platform
    by Josh Constine on 2018-06-14 at 13:02Today Snapchat finally gets a true developer platform, confirming TechCrunch’s scoop from last month about Snap Kit. This set of APIs lets other apps piggyback on Snap’s login for sign up, build Bitmoji avatars into their keyboards, display public Our Stories and Snap Map content, and generate branded stickers with referral links users can share […]
  • Pipedrive, a CRM and sales tool, raises $50M to take on Salesforce and Microsoft
    by Ingrid Lunden on 2018-06-14 at 13:00While Salesforce and Microsoft have a dominant position in the world of sales software today, there are a number of startups nipping at their heels, and today one of the more promising of them has announced a growth round to help them in the effort. Pipedrive, a startup co-headquartered in Estonia and New York that […]
  • Luminar rolls out its development platform and scores Volvo partnership and investment
    by Devin Coldewey on 2018-06-14 at 12:02The wizards in lidar tech at Luminar are doubling down on the practical side of autonomous car deployment with a partnership with and investment from Volvo, as well as a new development platform that helps squeeze every last drop out of its laser-based imagery. […]
  • Benchling raises $14.5M to help streamline collaboration among scientists
    by Matthew Lynley on 2018-06-14 at 11:30Email and a smarter notebook might be enough for handling communication for projects or experiments inside a team in a lab in some university basement. But when you have around 200 scientists working on discovering something new — say, a new drug — that communication process is going to quickly break down, and Sajith Wickramasekara that sits […]

Fortune

VentureBeat

  • Amazon’s $249 DeepLens deep learning camera goes on sale in the U.S.
    by Paul Sawers on 2018-06-14 at 06:09Amazon’s cloud computing subsidiary Amazon Web Services (AWS) has finally launched its DeepLens deep learning camera for all developers in the U.S. DeepLens, for the uninitiated, is a 4-megapixel (1080-pixel video) camera that sports 8GB of memory, a 2D microphone array, Intel Atom processor, and bunch of USB, micro SD, and micro HDMI ports. Running&nbs […]
  • Apple will disable iPhone Lightning ports after an hour, closing device cracking loophole
    by Reuters on 2018-06-14 at 02:58(Reuters) — Apple said on Wednesday it will change its iPhone settings to undercut the most popular means for law enforcement to break into the devices. The company told Reuters it was aiming to protect all customers, especially in countries where phones are readily obtained by police or by criminals with extensive resources, and to&nbs […]
  • Resident Evil 2 hands-on — a masterful remaster that even a coward can appreciate
    by Mike Minotti on 2018-06-13 at 23:54PREVIEW: I am a coward. When Capcom asked me if I wanted to go through their haunted house experience at the 2018 Electronic Entertainment Expo (E3) before my demo with the Resident Evil 2 remake — which is coming out on January 25 for PlayStation 4, Xbox One, and PC — I laughed. Then I politely told them no.&nbs […]
  • eBay’s got surprise and delight locked down with AI (VB Live)
    by VB Staff on 2018-06-13 at 22:55VB LIVE: Join eBay’s CMO, North America, as well as execs from Sprint and Sears, to learn how AI can turn best-guess calculations into data-driven predictions, uncover new customers, and more, when you join this VB Live event. […]
  • 4 false narratives confusing our understanding of mixed reality
    by Amir Bozorgzadeh on 2018-06-13 at 22:30GUEST: A couple weeks ago, I moderated a panel at the inaugural SplitX: VR/AR Summit, where we explored the false narratives that have been souring the milk, so to speak, in the mixed reality industry for several years now and which have served to aggravate an already volatile market and extend its hype cycle by setting&nbs […]
  • Fortnite gets over 2 million downloads on Nintendo Switch
    by Jason Wilson on 2018-06-13 at 20:16The Fortnite Battle Bus must be some sort of supersized extra-dimensional space, because it just took on a ton of new players in about 24 hours. Nintendo announced today that Fortnite has seen over 2 million downloads since revealing that the battle royale sensation was coming to the Switch during its Direct video presentation for&nbs […]

Reuters

  • Malaysia to seek return of 1MDB money from banks, political parties
    on 2018-06-14 at 14:48KUALA LUMPUR (Reuters) – Malaysia intends to recover all funds illicitly taken from 1Malaysia Development Berhad (1MDB), and determine whether there are grounds for claims against companies, including Goldman Sachs , that profited from dealing with the beleaguered state fund. […]
  • Hong Kong market could open cash flood gates for U.S. biotechs
    on 2018-06-14 at 14:31(Reuters) – When U.S. biotech startup Sorrento Therapeutics named ex-Lehman Brothers executive Jiong Shao as its new finance chief about two months ago, it was widely seen as a move driven by his background in raising capital for Alibaba and Tencent. […]
  • VW could face further fines from German authorities
    on 2018-06-14 at 14:27BRAUNSCHWEIG, Germany (Reuters) – Volkswagen could face additional fines in Munich and Stuttgart on top of the 1 billion euros ($1.2 bln) it has been told to pay for management lapses which caused emissions cheating on 11 million VW diesel cars. […]
  • U.S. consumer spending accelerating; labor market robust
    on 2018-06-14 at 14:26WASHINGTON (Reuters) – U.S. retail sales increased more than expected in May as consumers bought motor vehicles and a range of other goods even as they paid more for gasoline, the latest indication of an acceleration in economic growth in the second quarter. […]

New York Times (subscription)

Wall Street Journal (subscription)