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Posts Tagged ‘funding’

12 major league edtech VCs discuss top trends, opportunities

Ready or not, edtech has been shoved into the spotlight as millions of students shifted to remote learning due to pandemic-related school shutdowns. But backing these companies are investors who have long believed that edtech was always set up for great returns and a big impact. We reached out to several to find out about ...

Sony invests $400M in Chinese entertainment platform Bilibili

Sony said on Thursday that it is investing $400 million to secure a 4.98% stake in Chinese entertainment giant Bilibili. 10-year old Bilibili features animation, comics, games and offers users the ability to stream their videos. The service, which has amassed over 115 million users, has attracted several big investors over the years, including Chinese ...

In the wake of COVID-19, UK puts up £20M in grants to develop resilience tech for critical industries

Most of the world — despite the canaries in the coal mine — was unprepared to cope with the coronavirus outbreak that’s now besieging us. Now, work is starting to get underway both to help manage what is going on now and better prepare us in the future. In the latest development, the UK government today ...

Longtime VC Neil Sequeira: funding founders without in-person meetings is ‘quite difficult’

"If you want to be in this industry, because it's a relationship-driven but also a reputation-based business, these aren't the moments to take advantage of people." ...

SecondNature raises $16.4M for ‘healthy home’ subscription products like air and water filters

After a confusing trip to the store to purchase an air filter back in 2012, two N.C. State University students, Thad Tarkington and Kevin Barry, came up with the idea to make this routine home maintenance purchase a subscription-based business. The following year, their startup FilterEasy had a few hundred subscribers. Fast forward to now, ...

Humio announces $20M Series B to advance unlimited logging tool

Humio, a startup that has built a modern unlimited logging solution, announced a $20 million Series B investment today. Dell Technologies Capital led the round with participation from previous investor Accel. Today’s investment brings the total raised to $32 million, according to the company. Humio co-founder and CEO Geeta Schmidt says the startup wanted to ...

Espressive lands $30M Series B to build better help chatbots

Espressive, a four-year-old startup from former ServiceNow employees, is working to build a better chatbot to reduce calls to company help desks. Today, the company announced a $30 million Series B investment. Insight Partners led the round with help from Series A lead investor General Catalyst along with Wing Venture Capital. Under the terms of ...

Hospital droid Diligent Robotics raises $10M to assist nurses

28% of a nurse’s time is wasted on low-skilled tasks like fetching medical tools. We need them focused on the complex and compassionate work of treating patients, especially amid the coronavirus outbreak. Diligent Robotics wants to give them a helper droid that can run errands for them around the hospital. The startup’s bot Moxi is ...

Female-led Robin Games raises $7 million to combine lifestyle content with fantasy gaming

As a former Jam City executive, Jill Wilson led teams behind some of the top-grossing gaming franchises, like Cookie Jam and Panda Pop. Now she’s running her own startup, Robin Games, where a team of mostly women is working to create a new niche in mobile entertainment they’re calling “lifestyle gaming.” As the name implies, ...

mParticle raises $45M to help marketers unify customer data

mParticle, which helps companies like Spotify, Paypal and Starbucks umanage their customer data, is announcing that it has raised $45 million in Series D funding. Co-founder and CEO Michael Katz told me that the company has benefited from broader shifts — like new privacy regulation and the shift away from cookie-based browser tracking — that ...