Fundings and Exits

nOCD, an app created to help people treat obsessive-compulsive disorder, will launch an Android version and add more features after raising a $1 million seed round from early-stage healthcare investment firm 7wire Ventures. The free app guides patients through exposure and response prevention (ERP) exercises, a type of cognitive behavioral therapy that is especially effective
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Alibaba has furthered its physical retail footprint after it invested another billion dollars into projects to develop its so-called “new retail” strategy which combines online and offline. The Chinese firm, the dominant e-commerce player in its country, gobbled up a 15 percent stake in Beijing Easyhome Furnishing for RMB 5.45 billion, or around $867 million, and pumped
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Jason Rowley is a venture capital and technology reporter for Crunchbase News. More posts by this contributor: In the world of venture capital, the prospect of a successful “exit” looms large in the minds of investors. A VC’s business model is less about the money that goes into a startup than it is about what
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The largest tech acquisition offer in history wasn’t enough. Qualcomm’s board of directors issued a statement on Thursday saying that they are turning down Broadcom’s $121 billion bid to buy the competing chipmaker. According to the release, Qualcomm “unanimously rejected” an “unsolicited proposal” to buy all of its shares at $82 each, of which $60
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Adding to what’s already a Very Weird 2018, Twitter now has a bigger market cap than Snapchat maker Snap after posting a thoroughly interesting earnings beat for its fourth quarter this morning. Shares of Twitter rocketed more than 25% this morning following the report, which showed the service is actually able to generate a profit
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Tesla CEO Elon Musk managed to send his Tesla Roadster into space, because why not, earlier this week — and it looks like his week (and Tesla’s) is still looking up for now following the company’s fourth-quarter results. The company slightly beat Wall Street’s expectations on the financial front, and said it’s still targeting producing
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Roc Nation, the full-service entertainment management company created by the music impresario Shawn Carter (better known as JAY-Z), is making an investment in financial trading platform Robinhood. The investment, through Roc Nation’s Arrive subsidiary, is the latest instance of a celebrity rapper plowing cash into Robinhood’s free-to-trade investment platform. The company also counts Snoop Dogg
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Tamatem, a startup backed by 500 Startups that creates localised versions of popular games so that they resonate better with users in Arabic speaking countries, has picked up $2.5 million in Series A funding. The round is led by Wamda Capital, with participation from Discovery Nusantara Capital, Raed Ventures, Vision Venture Capital, and Seed Equity
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It was a slow build, but between smart speakers, mobile devices and a growing army of connected home products, voice interfaces are poised to continue growing at a rapid clip. In a majority of cases, however, the experience is still extremely rudimentary. We’re still very much in the early days, of course, but Seattle-based startup
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Life sciences startups in Asia are getting another boost with the $10 million investment in Engine Biosciences — a biotech company that’s applying machine learning to genomics for drug discovery. With its headquarters in both Singapore and San Francisco, the company has managed to attract some impressive investors from both the U.S. and Asia. The
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Asana, the productivity and collaboration service, is getting a major infusion of cash after Generation Investment Management, a London-based firm backed by former U.S. Vice President Al Gore, led a $75 million investment. Investment Management was joined in this Series D round by existing backers 8VC, Founders Fund, Y Combinator President Sam Altman who also
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