Cambridge Uni graphene spin-out bags $16M to get its first product to market

Cambridge, UK based graphene startup, Paragraf, has closed a £12.8 million (~$16M) Series A round of funding led by early stage VC  Parkwalk. Also investing this round: IQ Capital Partners, Amadeus Capital Partners and Cambridge Enterprise, the commercialisation arm of the University of Cambridge, plus several unnamed angel investors.  The funding will be used to […]

Hero Labs raises £2.5M for its ultrasonic device to monitor a property’s water use and prevent leaks

Hero Labs, a London-based startup that is developing “smart” technology to help prevent water leaks in U.K. properties, has raised £2.5 million in seed funding. The round is led by Earthworm Group, an environmental fund manager, with further support via a £300,000 EU innovation grant and a number of unnamed private investors. The new capital […]

Digging into the Roblox growth strategy

Could Roblox create a new entertainment and communication category, something it calls “human co-experience”? When it was a small startup, few observers would have believed in that future. But after 15 years — as told in the origin story of our Roblox EC-1 — the company has accumulated 90 million users and a new $150 […]

City Pantry, the UK corporate catering marketplace, has been acquired by Just Eat for £16M

City Pantry, the office catering marketplace that lets you order in food for staff, company events and meetings, has been acquired by takeout marketplace and delivery giant Just Eat. The price is described as an initial cash offering of £16 million, with a possible further payout due if City Pantry achieves agreed operational and financial […]

SEC approves 1st consumer RegA+ token Props for cross-app rewards

After cracking down on ICOs, the SEC just okayed the first two RegA+ tokens that offer an alternative way for anyone to gain a financial stake in a company, even unaccredited investors. Blockstack got approved for a $28 million digital token sale to raise money, while influencer live-streaming app YouNow’s spin-off Props received a formal […]

Runa Capital closes $70M for its third fund aimed at early-stage ‘deep tech’

Runa Capital, an international VC firm headquartered in Silicon Valley, has now closed $70 million for its third fund aimed at backing early-stage startups in so-called “deep tech.” There are rumors Runa is aiming for a $135 million final target for the fund. Last year, its total funding in the U.S. increased by 30%, tallying […]

The future of car ownership: Cars-as-a-service

Car shoppers now have several new options to avoid long-term debt and commitments. Automakers and startups alike are increasingly offering services that give buyers new opportunities and greater flexibility around owning and using vehicles. Cars-as-a-Service In the first part of this feature, we explored the different startups attempting to change car buying. But not everyone […]

Visa funds $40M for no-password crypto vault Anchorage

Visa and Andreessen Horowitz are betting even bigger on cryptocurrency, funding a big round for fellow Facebook Libra Association member Anchorage’s omnimetric blockchain security system. Instead of using passwords that can be stolen, Anchorage requires cryptocurrency withdrawals to be approved by a client’s other employees. Then the company uses both human and AI review of […]

Dataform scores $2M to build an ‘operating system’ for data warehouses

Dataform, a U.K. company started by ex-Googlers that wants to make it easier for businesses to manage their data warehouses, has picked up $2 million in funding. Leading the round is LocalGlobe, with participation from a number of unnamed angel investors. The startup is also an alumni of Silicon Valley accelerator Y Combinator and graduated […]

AppLovin acquires SafeDK to improve brand safety

Mobile marketing company AppLovin is announcing that it has acquired SafeDK. While AppLovin started out as a mobile ad business, it now bills itself as “a comprehensive mobile gaming platform,” offering tools for game developers around user acquisition, monetization, analytics and (through Lion Studios, launched last year) publishing. SafeDK, meanwhile, allows developers to manage all […]