series A funding
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JoyRun, a food delivery app with a twist, raises $8.5 million
A Santa Clara, Calif. startup called JoyRun has raised about $10 million in Series A and seed funding for its peer-to-peer food and drinks delivery app. It may be hard to believe that VCs are still putting money into food delivery concepts that don’t involve self-driving cars, robots or drones. What’s new about JoyRun is not so much technology as business model innovation. Read More
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FLYR raised $8 million to change the way we buy plane tickets
Travel tech startup FLYR raised $8 million in Series A funding for technology that predicts the price of airfare by applying artificial intelligence to a database of both open industry data and a proprietary collection of years of past prices and fluctuations. The funding round was led by a Peter Thiel fund, and, according to an SEC filing, Thiel Capital principal Phin Upham was involved in… Read More
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Drone delivery startup Flirtey raises $16 million to become a next-gen UPS
Drone delivery startup Flirtey has raised $16 million in Series A funding to bring its high-flying service to new customers, companies and possibly countries. Earlier, the startup raised $120,000 in seed funding and participated in the Y Combinator accelerator. Flirtey was also the first company to attain FAA approvals to conduct a drone delivery in the US in 2015. That fact helped it… Read More
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Oura Ring raises €5 million to take its smart jewelry mainstream
A Finnish startup called Ōura Ring has closed a series A round of €5 million to ramp up production of its smart, health-monitoring jewelry. Oura Ring’s Series A backers included MIT Media Lab Director Joi Ito, Jaan Tallinn who was Skype’s founding engineer and a cofounder of Kazaa and the Future of Life Institute, along with other finance professionals and tech entrepreneurs… Read More
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Otonomo raises $12 million to make data from connected cars useful
Even if self-driving cars aren’t part of our daily lives yet, vehicles are becoming internet-connected at a rapid pace. Gartner predicts that one-fifth of all autos on the road, and a great majority of new vehicles being produced worldwide, will have wireless network connectivity by 2020. Yet, few organizations have access to use the data generated by these vehicles today. That’s… Read More
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MEL Science raises $2.5 million to put a VR twist on chemistry sets
Remember those old school chemistry sets that came in a cardboard box with a bunch of vials, plastic beakers, safety glasses and a booklet full of instructions for different experiments?
London startup MEL Science is putting a high-tech twist on them, with virtual reality and augmented reality content that takes kids on a virtual tour inside a chemical reaction, right after they conduct an… Read More
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Prospera raises $7 million to put computer vision and AI to work on the farm
A Tel Aviv-based startup called Propsera has raised $7 million in new venture funding to build out systems that will monitor and help farmers improve the health of their crops, and optimize their operations. Bessemer Venture Partners led the Series A round. Prospera CEO and co-founder Daniel Koppel said agriculture professionals have plenty of tech at their disposal today from soil and… Read More
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DIY Co. launches JAM to help kids learn what they don’t in school, with a little help from Cartoon Network
DIY Co., the education tech startup led by Vimeo designer and co-founder Zach Klein, has launched a new online learning platform for kids called JAM.com. The company also quietly closed a $4 million round of venture funding led by Learn Capital, joined by Spark Capital, at the end of 2015 to support the development of JAM, Klein told TechCrunch. Courses on DIY’s new site JAM were… Read More
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Ancera raises $8.9 million for tech to prevent food poisoning and recalls
A startup based in Branford, Connecticut, Ancera Inc. has raised $8.9 million in Series A funding for technology that helps food producers detect contaminants faster than other methods will allow.
The company’s mission is to prevent food waste, recalls or worse, the spread of food-borne illnesses, said Ancera CEO and founder Arjun Ganesan.
Investors in the deal included: Glass Capital… Read More
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Afero raises $20.3 million to secure connected devices, whether WiFi is working or not
A Los Altos startup called Afero raised $20.3 million in a new round of venture funding to secure connected devices, from toys and arcade games to medical equipment. The company’s technology works even when WiFi isn’t, employing 4GLTE and other radio sensors. Afero works with large hardware makers who install the startup’s proprietary chip in their IoT devices or components.… Read More
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