Medical and recreational marijuana dispensaries in Las Vegas, US are increasingly turning to venture capitalists for seed money due to lack of loan sources, as the drug is deemed illegal by the federal government.
Funding
US Bitcoin investment fund CoinSeed invests $5M in BitFury mining hardware
After recently closing a $7.5-million funding round, US-based Bitcoin focused investment fund CoinSeed acquired BitFury's specialized Bitcoin mining hardware for $5 million to build one of the biggest cryptocurrency mining infrastructures in the world.
Fitmob raises $9.75M to bring the gym to the digital age
Fitmob, the fitness startup founded by Raj Kapoor and Paul Twohey, has just obtained financing worth $9.75 million to redefine the workout experience, TechCrunch reported.
Private equity-backed Cohera Medical Inc closes Series D round with $26.3M
Cohera Medical Inc, developer of TissuGlu Surgical Adhesive and Sylys Surgical Sealant, received added financing worth $9.3 million to bring its Series D funding total to $26.3 million.
NewsCred nabs $25M in Series C round led by InterWest Partners
InterWest Partners led the Series C funding round for content marketing platform NewsCred which raised $25 million. NewsCred's existing backers also participated in the round.
Latest News
Berlin, Germany-based multi-mode travel search engine GoEuro received millions in investment in a post-seed funding round from Lakestar to expand its market footprint beyond the UK, Germany, and Spain.
Venture capital group Nexus Venture Partners will pour INR30 crore into Pune, India-based cybersecurity company Uniken to fund its expansion into Israel and the US.
Former Apple Chief Executive John Sculley is betting that telemedicine startup MDLive will be able to bring medical practice to the modern age, VentureBeat reported.
Singapore-based online grocery store RedMart secured $5.4 million in a bridge round that will be used to construct its logistics infrastructure and technology in preparation for growth and expansion.
Boston, US-based startup Change Collective raised $1.4 million in seed funding from local investors to develop a self-improvement mobile website and native app and to expand its workforce.
Boston, US-based alcohol delivery mobile app Drizly pocketed $2.25 million in a seed funding round led by Atlas Ventures to expand its liquor delivery services beyond New York City.
Cambridge, England-based company Kensho closed a $10-million seed funding round for a cloud-based intelligent market research assistant called Warren that can answer complex financial queries in natural language.
Boston, US-based enterprise software maker Mendix nabbed $25 million in venture capital funding led by Battery Ventures to fuel its mission to build a big business in the software industry.
Oregon, US-based vending machine technology firm VendScreen Inc has bagged $17.8 million in a funding round led by existing investors Merrickhanna Ventures and 3X5 Special Opportunity Fund.
