Category: Fundings and Exits

With $13.5M in new funds, Pillow partners with building owners to make rentals Airbnb-friendly

Short-term rental management startup Pillow has raised $13.5 million in new funding, and is launching a new product to provide more transparency to apartment owners when renters make their apartments available on platforms like Airbnb. A few years ago, Pillow launched to help make renting out your apartment on Airbnb less of a hassle. That included things…

Petasense emerges from stealth to help companies monitor machine health

Industrial IoT startup Petasense emerged from stealth today, officially announcing $1.8 million in seed funding and a hardware/software solution designed to help industrial customers understand when equipment needs maintenance by “listening” to its vibrations. As it turns out, machines vibrate at a certain frequency when they are operating smoothly, but as parts begin to wear…

Language learning startup Lingokids scores $4M funding and partners with Oxford University Press

Madrid, Spain-based (and U.S. incorporated) edtech startup Lingokids is on a mission to get young kids learning a second language. The company, previously known as Monkimun, offers language lessons in the form of interactive games for children aged 2-6 and delivered via an online subscription and parental portal. It currently provides English and simplified Chinese,…

Soldo, a London fintech startup that offers a multi-user spending account, raises $11M led by Accel

Soldo, the London-based fintech startup that offers a multi-user spending account, first launched for consumers and since tailored to businesses too, has raised $11 million in Series A funding. Venture Capital firm Accel led the round, with participation from Connect Ventures, InReach Ventures, U-Start and R204 Partners. Founded by Carlo Gualandri, who previously helped create…

Phhhoto shutters app and pivots to photobooths, blaming Instagram

Animated GIF capture tool and social network Phhhoto is shutting down its app due to server costs becoming unsustainable after getting slammed with competition by Instagram’s copycat Boomerang. Phhhoto will pivot to focus on its parent company HYPNO’s original business  — a physical photobooths for events service. Phhhoto launched in July 2014, making it easy to…

AimBrain, a startup that uses biometric authentication to fight fintech fraud, raises £4M Series A

AimBrain, a London startup that offers “biometric identity” as a service to help fintech companies and other financial institutions fight fraud, has raised £4 million in Series A funding. BGF Ventures led the round, with participation from Episode 1, Entrepreneur First (EF), and a number of angel investors including Simon Rozas, Chris Mairs, and Charles…

Vice has raised $450M ahead of a potential IPO

Vice Media has raised $450M in new funding from private-equity firm TPG, with a deal valuing the media company around $5.7 billion post-money. Shane Smith, co-founder and CEO of Vice was just on CNBC answering questions about the funding and Vice’s plans to eventually become a public company. While remaining cryptic, Smith did note that…