Fitness company Freeletics announces investors

Munich, Germany-based Freeletics, which provides a personal workout plan and a fitness app, announced it has raised capital with FitLab and New Evolution Ventures. Other investors include Causeway Media Partners, JAZZ Venture Partners, Courtside Ventures, Elysian Park Ventures and ward.ventures. The amount of the funding was undisclosed. Mark Wan from Causeway and John Spinale from JAZZ will join the board. The company was founded in 2013. Source: Company announcement

Healthcare company myLAB Box raises $1.56 mln in seed

Los Angeles-based myLAB Box, provider of an at-home STD testing service, announced it has raised $1.56 million in seed funding. K5 Ventures and Texas HALO Fund led the round, with participation from Morgan Stanley, Pasadena Angels, Pipeline Angels and Sand Hill Angels. The company, founded in 2013, has now raised $2.1 million in funding. Source: Press release

Wireless internet provider Common Networks raises $25 mln

San Francisco-based Common Networks, a provider of affordable enterprise-grade internet service, announced it has raised $25 million in Series B funding. General Catalyst led the round, which included existing investors Eclipse Ventures and Lux Capital. As part of the latest round, General Catalyst Managing Director Hemant Taneja has joined the board. The company, founded in 2016, has now raised more than $34 million in funding. Source: Company release

Sendo raises $51 mln

Sen Do Technology JSC said Aug 16 that it raised $51 million in a B round led by SBI Group. SoftBank Ventures Korea, Daiwa PI Partners, and SKS Ventures are investing. Existing investors also participated including FPT Group, eContext Asia, BEENEXT, and BEENOS. Sendo, of Ho Chi Minh City, Vietnam, provides a consumer-to-consumer portal. PRESS RELEASE HO CHI MINH CITY, Vietnam, Aug. 16, 2018 /PRNewswire/ — Sen Do Technology JSC (Sendo), the #1 Vietnamese C2C marketplace, today announced that it has secured an investment of USD 51 millionled by the SBI Group from Japan for Series B round, having SoftBank Ventures Korea, Daiwa PI Partners, and SKS Ventures as new investors. The funding round from investors in Japan, Korea, and Taiwan was participated by all the existing investors, including SBI Group, FPT Group, eContext Asia, BEENEXT, and BEENOS.
Nguyen Dac Viet Dung, Executive Chairman and Co-Founder of Sendo, said: “The funding would help the company to
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Deposit Solutions raises $100 mln

Deposit Solutions, of Hamburg, has raised $100 million in a round led by Vitruvian Partners. Kinnevik also invested as well as existing shareholders including e.ventures. The round valued Deposit Solutions, which provides a platform for savings deposits, at $500 million. PRESS RELEASE HAMBURG, Germany, August 16, 2018 /PRNewswire/ —
• Vitruvian Partners, Kinnevik and existing shareholders invest USD 100m at a valuation of USD 500m
• Additional funding cements Deposit Solutions’ position as the leading international platform for savings deposits
• Investment follows another period of record performance for Deposit Solutions having successfully scaled its core B2B bank partnerships and transmitted more than EUR 9 billion in its B2C business alone
Deposit Solutions, the Open Banking pioneer and leading international platform for savings deposits, announced the closing of a new funding round today. The round was led by private equity firm Vitruvian Partners. Vitruvian was joined by Kinnevik and existing shareholders including Deposit Solutions’ first
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Clobotics adds $11 million from Nantian Infotech VC and Wangsu Company to Series A

Clobotics said it added $11 million to its Series A round, pushing the financing to a total of $21 million. New investors include Nantian Infotech VC and Wangsu Company. Earlier investors are KTB Network, GGV Capital and the Capital Development Investment Fund Management. A press release follows:   Fast-Growing Computer Vision Startup Clobotics Closes Additional $11 Million in Series A Funding Rapid Customer Adoption Propels Continuation of Series A Financing, Now Totaling More than $21 Million Seattle and Shanghai, August 15, 2018 – Clobotics, a global leader in intelligent computer vision solutions for the wind power and retail industries, today announced that it has closed an additional $11 million (USD) in funding in a continuation of its Series A round of financing. Venture capital raised in this round now totals $21 million (USD). New investors include Nantian Infotech VC and Wangsu Company, joining previous investments from KTB Network, GGV Capital
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Visor racks up $4.7 mln Series A

Visor, a developer of a real-time data platform for gamers, has raised $4.7 million in Series A funding, according to a blog post. Accel led the round with participation from other investors that include Y Combinator, Afore Capital and NextGen Venture Partners.

AxiaMed nets $12.4 mln

Santa Barbara, Californa-based AxiaMed, a healthcare payments technology company, has raised $12.4 million in funding. Health Enterprise Partners led the round. Source: Press Release

AuditBoard lands $40 mln Series B

AuditBoard, cloud-software platform for automating and transforming the way businesses handle critical risk, audit and compliance work, has raised $40 million in Series B funding. Battery Ventures led the round. In conjunction with the funding, Battery General Partner Michael Brown has been added to AuditBoard’s board of directors. Source: Press Release

Lucidity rakes in over $5 mln

Los Angeles-based Lucidity, a digital advertising blockchain protocol to deliver transparency and trust, has raised over $5 million in funding. The investors were 3Rodeo, CoinUs, Cypher Group, YouBi Capital and Pithia. Source: Press Release

Karma picks up $12 mln

Stockholm-based Karma, a startup that helps restaurants and supermarkets reduce food waste by selling unsold food to consumers, has raised $12 million in funding. The investors included Electrolux. Source: Press Release

Backbone PLM raises $8 mln

Backbone PLM said Aug 15 that it raised $8 million in a Series A round led by Signal Peak Ventures. Participants included Grotech Ventures, Spider Capital, Novel TMT Ventures, Beanstalk Ventures, Brainchild Holdings and Peterson Ventures. Backbone PLM provides a cloud-based, collaborative platform that aims to streamline the complex manufacturing process for consumer goods companies. PRESS RELEASE BOULDER, Colo. – August 15, 2018 – Backbone PLM, the first cloud-based, collaborative platform that enables brands to streamline the complex product development process, today announced that it has completed an $8 million Series A financing round. Led by Signal Peak Ventures, participants include Grotech Ventures, Spider Capital, Novel TMT Ventures, Beanstalk Ventures, Brainchild Holdings and Peterson Ventures. The funds included $6.7 million in Series A funding, plus a convertible note. Backbone PLM currently works with more than 100 of the most innovative direct-to-consumer brands, including Allbirds, Kith,
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Full Harvest raises $8.5 mln from Spark, Cultivian Sandbox Ventures, Wireframe Ventures, others

Full Harvest said it raised $8.5 million of Series A capital in a round led by Spark Capital and joined by new investors Cultivian Sandbox Ventures, Rent the Runway founder Jenny Fleiss, Jon Scherr and Adam Zeplain of Mark.vc. Existing investor Wireframe Ventures also joined the round. A press release follows:   Full Harvest Closes $8.5 Million Series A to Solve Massive Food Waste Problem Spark Capital and Cultivian Sandbox Ventures Invest in B2B Excess Produce Marketplace San Francisco, CA — AUGUST 15, 2018 — Full Harvest, a marketplace for excess produce that would otherwise go to waste, today announced it has closed an $8.5 million Series A round of financing led by Spark Capital. New investors Cultivian Sandbox Ventures, Rent the Runway Founder Jenny Fleiss, Jon Scherr (CircleUp) and Adam Zeplain of Mark.vc, as well as previous investors, including Seed lead Wireframe Ventures, also joined the round. “An astounding amount of produce
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Backbone PLM raises $8 mln

Backbone PLM said Aug 15 that it raised $8 million in a Series A round led by Signal Peak Ventures. Participants included Grotech Ventures, Spider Capital, Novel TMT Ventures, Beanstalk Ventures, Brainchild Holdings and Peterson Ventures. Backbone PLM provides a cloud-based, collaborative platform that aims to streamline the complex manufacturing process for consumer goods companies. PRESS RELEASE BOULDER, Colo. – August 15, 2018 – Backbone PLM, the first cloud-based, collaborative platform that enables brands to streamline the complex product development process, today announced that it has completed an $8 million Series A financing round. Led by Signal Peak Ventures, participants include Grotech Ventures, Spider Capital, Novel TMT Ventures, Beanstalk Ventures, Brainchild Holdings and Peterson Ventures. The funds included $6.7 million in Series A funding, plus a convertible note. Backbone PLM currently works with more than 100 of the most innovative direct-to-consumer brands, including Allbirds, Kith,
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