Fundings & Exits
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Fairphone takes $7.7M to push for change across the electronics value chain
European mobile device maker Fairphone, which designs modular smartphones with the aim of supporting repairability and encouraging sustainability, has taken in new investment of €6.5 million ($7.7M). It says it’s hoping to use the financing to build wider support for a push towards a circular economy for consumer electronics. Read More
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Package delivery startup Doorman is shutting down
Doorman, a startup delivering packages when you schedule them will be no more after October 6th, 2017.
The startup sent a letter over the weekend letting customers know it would no longer be in business in two weeks, saying it was “joining forces with a larger team.”
We’re not sure if this joining of forces means Doorman has been acquired or if it’s some other structure. Read More
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Zuck and Bezos back seed stage scout fund Village Global
Product Hunt’s first employee Erik Torenberg is ready to fund fresh new startups, not just reveal them to the world. Today is the soft launch of Village Global, a seed and pre-seed early stage venture capital fund looking to connect entrepreneurs to cash as well as all-star mentors. Facebook’s Mark Zuckerberg, Amazon’s Jeff Bezos, LinkedIn’s Reid Hoffman,… Read More
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Mobile hardware lab Nanoport gets $7 million in seed funding
Held at Moscone Center in San Francisco earlier this month, Mobile World Congress Americas was a pretty uninspiring show, but a few interesting startups stood out among the rows and rows of mobile companies. Nanoport was among the more interesting exhibits on the floor, offering up an array of different smartphone technologies aimed at rethinking the way we interact with our devices. The… Read More
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Accelo hauls in $9 million to digitize operations for project-driven small businesses
Accelo, a six-year old startup, is trying to solve a big problem for project-driven small businesses like architects, accountants and designers. These companies, which typically have less than 100 employees, don’t usually have access to software to get a complete view of their business operations. That’s where Accelo comes in. It has designed a set of tools specifically for… Read More
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Marketing startup Synup gets $6M Series A to help brands manage their online reputation
Synup, a startup that helps marketers monitor where their brands are mentioned online, announced that it has raised $6 million in Series A funding led by Vertex Ventures. Existing investor Prime Venture Partners also returned for the round. Inkitt, a ‘reader powered’ book publisher, raises $3.9M to discover the next best-selling author
Inkitt, which bills itself as “the world’s first reader-powered book publisher,” has raised $3.9 million in pre-series A funding, in a round led by Redalpine, with Frontline Ventures, Speedinvest and a number of private investors also participating. The Berlin-based startup is part writing and reading community, and part publishing house, with one aspect feeding the other. Read More
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Photo marketplace Picfair raises £1.5M, aims to ‘weaponise’ photographers
Picfair, the London-based photo marketplace founded by ex-journalist Benji Lanyado, has raised £1.5 million in new funding — capital it plans to use to market its “fair trade photography” proposition to the plethora of companies that need authentic photo content. Backed by Accel, GlowRoad helps Indian women build home businesses
Indian e-commerce company GlowRoad is built on a simple premise. By connecting manufacturers with resellers and using drop shipping, it keeps everyone’s overhead costs low. The Bangalore-based startup, however, doesn’t just aspire to be an online reseller network. Founded by a former physician, GlowRoad’s goal is to give housewives and stay-at-home mothers a low-risk way to… Read More
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SAP is buying identity management firm Gigya for $350M
SAP, the German enterprise software giant, today announced an acquisition to strengthen its hybris e-commerce division. It has acquired Gigya, a firm that helps online properties manage customer identities and profiles. Terms of the deal have not been disclosed officially, but our sources tell us it is for $350 million. This was the same figure that was reported yesterday when the news leaked… Read More
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