Sunnyvale, US-based autonomous robot maker nabbed $2 million in a seed funding round led by Morado Venture Partners to revolutionize the service industry including hospitals, offices, and care centers.
Venture Capital
American startup Fundbox nabs $17.5M in funding to help small businesses clear invoices within a day
San Francisco, California-based startup Fundbox emerged from stealth mode and nabbed $17.5 million in a funding round led by Khosla Ventures to help small and medium-sized enterprises get access to cash to clear their invoices within a day.
Quora to expand website operation, creates the next Wikipedia
Quora has announced taking a bigger step into expanding its business similar offering services similar to that of Wikipedia's, reported Venture Beat.
Israeli app Flayvr grabs $2M in seed funding to organize smartphone photos
Tel Aviv, Israel-based mobile gallery startup Flayvr grabbed $2 million in seed funding from institutional and angel investors to help smartphone users organize their gallery photos for easy viewing and sharing.
Kabbage announces USD270 million credit facility
Small businesses can now apply for fast-approved business loans following the announcement of Kabbage which has taken in USD270 million more on its credit facility, reported Venture Beat.
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San Francisco, US-based health-tech startup Omada Health pocketed $23 million in a Series B funding led by Andreessen Horowitz to fuel its digital weight loss program for diabetic people.
New York, US-based coding school The Flatiron School raised $5.5 million in a recent financing led by Charles River Ventures (CRV) and Matrix Partners to improve the quality of its educational services.
Herzliya, Israel-based connected device network Neura bagged $2 million in a funding round led by Greenhouse Capital Partners to connect several gadgets using one mobile app.
Redwood City, US-based telecommunications services provider ItsOn Inc nabbed $12.9 million in a new funding round to create flexibility in the data plan of its users and allow them to customize their usage according to their needs.
Windermere, US-based digital receipts provider FlexReceipts LLC closed $1.4 million in a Series A funding round led by early stage venture fund venVelo to fuel its sales and marketing expansion.
Boston, Massachusetts-based wine discovery mobile app Drync landed $2.1 million in a funding round from institutional and angel investors to build its wine shopping platform.
Santa Clara, US-based low-power SoCs (system on a chip) developer Ineda Systems scored $17 million in a Series B funding round led by Walden-Riverwood Ventures to develop products that can be used in wearable devices and Internet of Things (IoT).
Belfast, Ireland-based home-brewing firm Cargo bagged £82,000 in funding from Invest North Ireland (NI) for the development and marketing of its smartphone-controlled beer-making robot Brewbot.
London, UK-based visual customer analytics firm Trak.io emerged from private beta and raised $150,000 in seed funding from Kima Ventures last August to track the behavior of startups' customers.
