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Fundings & Exits

Tailor Brands raises $4M to have robots design logos for you

For the most part, apps like Prisma depend on curated training sets to impersonate style and apply it to a new context. While this may signal that machine creativity is dead on arrival, we shouldn’t forget that even Picasso needed to attend a showing of African masks before he could push cubism …

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GoOpti, a ride-sharing app for European shuttle bus services, raises €3.4M funding

GoOpti might be described as an Uber (or UberPOOL) for independent shuttle bus providers. It connects travellers from smaller European cities who want to travel to or from larger city airport hubs, and in doing so ensures economies of scale so that laying on a shuttle bus is viable. “Our …

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Freespee secures €9.25M Series B to help companies manage conversations with customers

Freespee, which these days calls itself a “real-time conversation cloud technology company,” has raised €9.25 million in Series B funding. French venture capital firm Ventech led the round, alongside existing investors Sunstone Capital and Inventure. Silicon Valley Bank also participated, signalling that this a mixture equity and debt financing. Founded …

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Periscope Data pulls in $25 million in Series B

Periscope Data, the company that lets data scientists quickly build customized, highly detailed visualizations of their data, has signed the term sheet on a ~$25 million funding round, according to sources close to the matter. Sources told TechCrunch that the pre-funding valuation was at $100 million, and the round was …

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Invoice financing marketplace Arex picks up €3M backing

Arex, a startup that is taking a marketplace approach to invoice financing for SMBs, thus helping creating another asset class for investors, has picked up €3 million in backing. Leading the round is Finland’s Lifeline Ventures, alongside London-based LocalGlobe, and various unnamed angel investors. Currently launched in Finland but with …

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Planetary Resources mines Luxembourg for $28M in asteroid-hunting funds

The aspiring asteroid miners at Planetary Resources have struck pay dirt in Luxembourg, the tiny (but wealthy) European country positioning itself as an ally to commercial space. The country is directly investing €12 million, with another €13 million coming from public investment bank SNCI. This investment doesn’t come out of …

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PlushCare nabs $8M Series A to prove telehealth can go mainstream

Today, PlushCare, a telehealth service, is announcing an $8 million Series A led by GGV Capital with participation from Lightspeed Venture Partners and Exponent. Telehealth is anything but new, Teladoc, now public, was founded in the early 2000s to provide remote care over video conference, but PlushCare aims to accomplish what others have …

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Gfresh raises $20 million to transform the way seafood is bought and sold

Seafood consumption is soaring in China, along with increases in average disposable income there. But live, edible fish and shellfish are challenging to buy, sell and transport across borders within and beyond China. As a result of the complexities in shipping live fish, and complying with health and customs regulations, …

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Gousto, the UK cook-at-home recipe kit service, serves up further £10M in funding

Gousto, the U.K. cook-at-home recipe kit service that competes most directly with Rocket Internet’s HelloFresh, has raised a further £10 million in funding. Backing comes from BGF Ventures, Unilever Ventures, MMC Ventures, Angel CoFund, and Barclays — and is a mixture of equity and debt financing. In a call, Gousto …

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DJiT, the French startup behind DJ app edjing, raises further $2.6M

Paris-based DJiT, the French startup behind the popular DJ app edjing and, more recently, a hardware device called Mixfader, has raised a further $2.6 million. The new round of funding — its first since raising $2.5 million back in late 2013 — was led by XLR Capital and Bpifrance, along with …

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