Iris Dorbian
YoungAndMinted, which is owned by Scaleogy Ltd, said Wednesday they have received funding from two unidentified investors. No financial terms were disclosed. Based in the UK, YoungAndMinted is a photo-sharing website for "successful business people." U.K.-based Scaleogy is a luxury and lifestyle magazine backed by Regal Venture Capital.
Foap said Wednesday that it has raised $1.5 million in funding. The lead investors were Industrifonden and Maxwell Ventures. The funding will be used for growth, personnel hiring and expansion into the U.S. market. Based in Sweden, Foap, which is also backed by Jade Global Investments, is a mobile photo stock company.
Drive Capital, a venture capital firm that invests in Midwest companies, said Wednesday that it has invested in Roadtrippers and CrossChx. No financial terms were disclosed. Ohio-based Roadtrippers is a web-based company that helps travelers plan road trips. CrossChx, which is also based in Ohio, is a provider of patient identification and security technologies for healthcare facilities.
CareInSync said Wednesday that it has received an investment from Samsung Venture Investment Company. No financial terms were disclosed. Headquartered in Santa Clara, Calif., CareInSync, which is also backed by HealthTech Capital, California Health Care Foundation and Hearst Business Media, is a mobile platform for healthcare providers.
Vee24 said Tuesday that it has raised $5.5 million in Series A financing. The lead investors were Data Point Capital and Point Judith Capital. According to the company, the funding will be used to move it to become a U.S. company headquartered in Boston, Mass., with European operations in Manchester, England. Vee24 is a provider of web-based customer engagement solutions.
Heliae said Tuesday that it has closed $28.4 million in funding. Investors included the Salim Group, members of the Mars family and Thomas J. Edelman. A spinout from Arizona State University, Heliae is a platform technology company that uses sunlight and carbon feedstocks to produce algae products.
Maxwell Health said Monday that it has raised $2 million in Series A funding. The lead investor was Tribeca Venture Partners. Lerer Ventures, Vaizra Investments, BoxGroup and TiE Angels also participated in the round. Based in New York City and Cambridge, Mass., Maxwell Health is a human resources platform that manages benefits and promotes employee health.
Blu Wireless has raised $3.1 million in funding. The lead investors were Qi3 Accelerator and Wren Capital. The Angel Co-Fund also participated in the round. In addition to the news about funding, Qi3 Accelerator's Tim de Vere Green will join the Blu Wireless board. Based in Bristol, UK, Blu Wireless is a provider of wireless solutions.
Freeosk has received $6 million in Series A funding. The lead investor was private equity firm Beringea, which made a $3 million investment. First Analysis, a Chicago-based private equity firm, also participated in the round. Based in St. Joseph, Mich., and Chicago, Freeosk is a marketing services platform.
ThetaRay said Monday that it has received an investment from General Electric. No financial terms were disclosed, although one outlet reports the amount to be "several million dollars." ThetaRay, which is also backed by Israeli venture capital firm Jerusalem Venture Partners, is a provider of cyber security solutions.