Silicon Valley, US-based tech firm Tachyus landed $6 million in a venture round led by Founders Fund to expand its workforce and use data to optimize oil and gas production.
Funding
Unitus backs Indian dental chain Smile Merchants' seed round
Unitus Seed Fund backed Mumbai, India-based dental clinic chain Smile Merchants with an undisclosed investment to develop the latter's hub-and-spoke system and fund its national expansion.
NZ-based tech startup Loomio launches $100K crowdfunding campaign for mobile collaborative decision-making tool
Wellington, New Zealand-based tech startup Loomio launched a $100,000 crowdfunding campaign on its own website to develop a mobile version of its open-source collaborative decision making tool.
Staffordshire pockets £4M grant to expand SMBs
The British government awarded £4 million in funding to Staffordshire to help small and medium sized businesses (SMBs) expand and to add more jobs in the region.
Chilean government grants $350K to Kaitek Labs to develop red tide detector
The government of Chile gave $350,000 in funding to tech startup Kaitek Labs to develop prototype of a device that detects red tide in a bid to reduce the costs of testing for toxins.
Latest News
Chinese posture-correcting wearable device Giraffe Friend launches crowdfunding campaign on DemoHour
Giraffe Friend, a wearable device that reminds the user to correct bad posture to prevent backaches, launched a crowdfunding campaign on DemoHour and has already raised $14,000 (CNY87,527).
Samridhi Fund invested INR18 crore in Bhubaneswar-based diabetes care provider Kanungo Institute of Diabetes Specialties (KIDS) to help the latter expand its services in rural India.
UK-based growth capital fund Station 12 is raising $250 million (£150 million) for its new fund that will invest in the growth rounds of media tech startups in Europe.
San Francisco, US-based online food delivery startup Munchery raised $28 million in a Series B funding round led by Sherpa Ventures to bring its service to Seattle and other places in the US.
Stamford, US-based collaborative business intelligence (BI) platform Decisyon Inc landed $22 million in its Series B financing led by Catalyst Investors to support its global expansion.
San Francisco, US-based social music apps maker Smule scored $16.6 million in a new funding round led by Roth Capital Partners to develop its products and fuel its expansion into Asia.
Genesis Media received new funding which was valued USD6 million for interrupting ads known as ContentUnlock, reported TechCrunch.
New round funds were given to AppDirect valued at USD35 million, reported TechCrunch. AppDirect has announced taking in USD35 million in fresh rounds of funds, reported TechCrunch.
Berkeley, US-based on-demand food startup SpoonRocket raised $10 million in funding from Foundation Capital and General Catalyst to deliver food to customers in San Francisco and East Bay within 15 minutes.
