Category: Fundings and Exits

Lumus secures $15 million to expand their augmented reality optical display capabilities

Lumus—makers of transparent near-to-eye displays for augmented reality (AR) and mixed reality (MR)—announced this morning that they have secured $15 million in a Series B round, led by global private investment firm Shanda Group and also by Crystal-Optech, a Chinese optical imaging company. One of the main intellectual properties of Lumus is something they call…

Golden Gate Ventures closes new $60 million fund for Southeast Asia

Singapore-based Golden Gate Ventures has closed a new $60 million fund for Southeast Asia’s rapidly-growing startup ecosystem. The firm first announced its new fund last summer, when it had closed an initial $35 million in capital from investors including Facebook co-founder Eduardo Saverin, Singaporean sovereign wealth fund Temasek and Naver, the Korea-based owner of soon-to-go-public chat…

Steve Case’s Revolution Growth just closed a new fund with $525 million

This morning, Revolution, a Washington, D.C.-based venture firm founded by former AOL executives Steve Case, Donn Davis and Ted Leonsis, is taking the wraps off its newest growth fund, which it has closed with $525 million. Revolution — which has helped fuel a growing startup scene in Washington, with regional bets that include the fast casual restaurant chain Sweetgreen; the…

Marley Spoon partners with Martha Stewart for U.S. re-launch of cook-at-home delivery service

Marley Spoon, the cook-at-home food delivery startup that competes with the likes of Blue Apron, Plated, and Rocket Internet’s HelloFresh, is effectively re-launching today in the U.S. through a tie-in with household name Martha Stewart. In partnership with Nasdaq-listed Sequential Brands Group Inc., the recipe kit service is being rebranded as ‘Martha & Marley Spoon’ and will…