Growth Equity

US language learning app Duolingo secures $20M in funding to penetrate Asian market

Pennsylvania, US-based language learning app Duolingo secured $20 million in a recent funding round led by Kleiner Perkins Caufield & Byers to conquer the Asian market and compete with other English-teaching services.

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US-based delivery firm Postmates nabs $16M in Series B for 'one-hour' package delivery service in San Francisco

San Francisco, US-based delivery firm Postmates nabbed $16 million in Series B funding to help improve its mobile app and one-hour package delivery service within the area.

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Canadian comic app Bitstrips raising $15M in Series B funding

Toronto, Canada-based personalized comic strip app Bitstrips is raising $15 million in a Series B funding round reportedly led by Kleiner Perkins Caufield & Byers to address growth and scaling issues.

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Prague-based social analytics firm Socialbakers scores $26M in Series C funding

Prague, Czech Republic-based social media analytics firm Socialbakers scored $26 million in a Series C funding round led by Index Ventures to grow its workforce from 300 to 400 members.

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China's Fosun Group invests $30.7M in Malaysian restaurant chain Secret Recipe

Chinese conglomerate Fosun Group invested CNY210.5 million ($30.7 million) in Kuala Lumpur, Malaysia-based restaurant chain Secret Recipe, according to a report by Shanghai's China Business News.

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Sweden-based Bitcoin startup Safello raises $600K in seed funding

Safello, a Bitcoin startup based in Sweden was able to raise $600,000 in its seed funding round from Erik Vorhees, Zubair Quraishi and other unnamed backers.

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Berlin-based Outfittery secures €13 million in new funds

Outfittery has secured new funding amounting to €13 million in a round led by Germany's Highland Capital Partners Europe to it can grow in European markets, TechCrunch reported.

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Indian startup InMobi now rivals Apple and Google in mobile ad space- report

InMobi has only been in business for less than a decade but it has already proven to be a worthy contender to tech giants in the mobile ad space, Voice & Data reported.

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Israel-based drugmaker Teva Pharmacuetical Industries is Soros' single largest stockholding

The single largest stock holding of Soros Fund Management in the fourth quarter is Israeli drugmaker Teva Pharmaceutical Industries Ltd, Reuters reported citing a February 14 filing with the US Securities and Exchange Commission.

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UrbanSitter raises $15M in Series B round to link US parents with qualified nannies

San Francisco, US-based online nanny marketplace UrbanSitter raised $15 million in Series B funding to expand its marketing efforts and continue connecting US families with qualified nannies.

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Beijing-based PICOOC pushes to break $20M in its second funding round

Smart bathroom scale maker PICOOC is raising $20 million for its second institutional funding round. The company makes the smart body scale brand Latin, TechNode reported.

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San Francisco-based CloudPassage bags $25.5M in new funds

CloudPassage, a San Francisco-based cloud security provider that aims to keep the bad guys out of clouds, has raised $25.5 million for its new financing round led by Shasta Ventures, VentureBeat reported.

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New York-based betaworks secures additional $10M in round led by Digital Garage

Betaworks, a New York-based media products maker and seed stage investor, has received additional funds amounting to $10 million in a round led by Digital Garage, TechCrunch reported.

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Citia gets additional $600K from angel investors

Citia, a publishing platform that helps marketers and content creators take advantage of the shift to a card-based structure, has bagged an added $600,000 from David S. Rose and Geoff Judge, TechCrunch reported.

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Axine Water Technologies bags $5.6 million Series A round

Axine Water Technologies, an industrial wastewater treatment solutions provider, has secured $5.6 million for its Series A round from The Roda Group, Chrysalix Energy Venture Capital and BDC Venture Capital, TechVibes reported.

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