San Francisco, California-based credit card wallet Coin is currently raising around $15 million in a Series A financing round, according to several sources knowledgeable on the situation.
Funding
London entrepreneur secures $1M to fund educational app Gojimo
London-based entrepreneur George Burgess secured $1 million (£604,000) in funding for the next project to develop a mobile app called Gojimo that helps high school students pass their exams.
Blue Bottle Coffee raises $25.7M
Blue Bottle Coffee was able to raise a $25.7 million investment in a financing round led by Morgan Stanley Investment Management, a source told TechCrunch.
Origami Logic closes Series B financing with $15M
Marketing intelligence solutions provider Origami Logic secured $15 million for its Series B financing round led by venture capital firm Jafco Ventures and joined by existing investors.
Carlyle invests in Irish chocolate maker Lily O'Brien's
US-based private equity firm The Carlyle Group invested an undisclosed sum in Ireland-based chocolate maker Lily O'Brien's for the expansion of the latter's global consumer reach.
Latest News
In its first outside funding round, Medium, the blogging platform that Twitter co-founder Ev Williams established, raised $25 million from Greylock Partners and other investors.
Crowdfunding platform Indiegogo raised another $40 million in fresh capital from US private equity firms, which include Institutional Venture Partners and KPCB, CBC News said in its report.
Igenica Inc, the biopharmaceutical firm dedicated to developing antibodies and antibody-drug conjugates to treat the Big C, obtained $14 million in its Series C extension round.
Seattle, US-based beauty product startup Julep launched a crowdfunding campaign on its website to raise $75,000 for a new bendable nail polishing tool to test the demand for the said product.
Sightly was able to obtain $1.7 million in seed funds in a round led by Mac Capital and participated in by other investors which included Tomorrow Ventures and 500 Startups.
Sameer Gehlaut, the Chairman and Co-Founder of Indiabulls Group, backed stealth mobile messaging and social networking startup MyActivityPal Inc with a $5 million investment for its Series A found.
Secure mobile messaging app for enterprises Cotap raised $10 million for its Series B funding round led by Emergence Capital Partners. So far, the latest proceeds brought to $15.5 million Cotap's total funds raised.
RenovoRx Inc, a privately-held medical device maker, closed its series B funding round with $1.15 million. The financing was led by one of the largest angel groups in the US, Golden Seeds.
GoCardless, a payments platform for online Direct Debits in the UK, was able to obtain $7 million for its Series B funding round led by venture capital firm Balderton Capital.
