Luisa Beltran
Navya said Oct. 11 that it raised 30 million euros ($33.25 million) in funding. Investors include Robolution Capital, CapDecisif Management and Gravitation. New investors include French transportation group Keolis, automotive supplier Valeo and Qatar-based holding Group8. Navya, of Lyon, Paris, develops driverless, automated electric vehicles.
Lulalend said Oct. 6 it raised a new round of financing led by Accion Venture Lab. Newid Capital and Hallmann Holding International Investment GmbH also participated in the round. Lulalend, of Cape Town, provides funding for small and medium enterprises (SMEs) throughout South Africa.
Rover.com said Oct. 3 that it raised $40 million in Series E funding led by Foundry Group and Menlo Ventures. Madrona Venture Group also participated in the financing. Seattle-based Rover.com is a network of pet sitters and dog walkers.
Mozido Inc, the mobile payments company once valued at more than $2 billion, is out fundraising and exploring a sale at the same time, two sources said. It’s unclear how much Mozido is seeking. The Austin-based company has previously raised more than $300 million from high-profile investors including Google billionaire Eric Schmidt. The company is also […]
Andreessen Horowitz led the $8.4 million Series A round this week for Point, which is offering an alternative to home-equity loans. But that doesn’t mean the VC firm could end up owning your house. Andreessen Horowitz is one of many investors in Point, said Eoin Matthews, co-founder and chief business officer. A mix of sources — wealthy individuals, […]
SmartZip Analytics Inc said Aug. 31 that it raised $12 million in debt financing led by ORIX Growth Capital. Pleasanton, California-based SmartZip provides predictive marketing solutions for real estate, lending and related industries. SmartZip is backed by Intel Capital, Claremont Creek Ventures, Crest Capital, Javelin Venture Partners and Cue Ball Capital.
Online lender Kabbage, which has raised five rounds totaling $240 million, is looking for additional capital, sources said.
Scintilla Pharmaceuticals Inc, a subsidiary of Sorrento Therapeutics Inc, said Aug 15 that it agreed to buy Semnur Pharmaceuticals Inc for an initial payment of $60 million. Scintilla may also pay another $140 million in cash to Semnur's equity holders upon achievement of certain development, product approval and commercial milestones. Semnur, a specialty pharmaceutical company, is backed by Canaan Partners, Frazier Healthcare and Vivo Capital.
Essilor International has agreed to buy MyOptique Group. Financial terms weren’t announced. Sellers include Acton Capital Partners, Beringea, Cipio Partners, Index Ventures, Korys and Highland Capital Europe. London-based MyOptique is an online optical retailer.
The firm, which raised $2.23 billion in 2014, was a backer of LinkedIn, Dollar Shave Club, Genesys and Sitecore