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Readly spreads funding news

Channel 4-backed digital magazine platform Readly has added $11.7m to its coffers thanks to commitments from two new investors, Swedbank Robur and Zouk Capital.

Aug 31, 2018

Avegant advances to $12m series AA

Intel Capital and Applied Materials-backed augmented reality technology developer Avegant has received $12m in a series AA round.

Aug 31, 2018

Pagaya processes $14m series B

Siam Commercial Bank and Clal Insurance have put their weight behind Pagaya, a fintech company that uses artificial intelligence to offer asset management.

Aug 31, 2018

Indegy identifies $18m series B

Liberty Media has led a series B round for industrial cybersecurity company Indegy, which also featured Centrica and Ofer Global.

Aug 31, 2018

Zadara stores $25m round

TAEC-backed enterprise cloud storage provider Zadara has secured $25m in funding led by IGP Capital, bringing its total equity to more than $60m.

Aug 31, 2018

Makeblock builds $44m series C

Yue Xiu Enterprises has taken part in a $44m series C round for Makeblock, the Evolution Media China-backed robotic toy manufacturer.

Aug 31, 2018

Lyft to beat Uber to public markets

Lyft has hired an initial public offering advisor with plans to list as early as March next year, in a bid to beat its rival Uber to the punch.

Aug 31, 2018

Sutro starts IPO proceedings

A month after Sutro closed an $85.4m series E round backed by Merck & Co, Celgene, Amgen and Eli Lilly, the cancer drug developer has filed for a $75m initial public offering.

Aug 31, 2018

Volumental tunes $1.4m round

KTH foot scanner technology spinout Volumental has secured cash from Forward VC, Walerud Ventures and Moor Capital after previously closing a seed round in 2014.

Aug 31, 2018

10x engineers Epinomics acquisition

Epigenomics services provider Epinomics, co-founded by Stanford University faculty and alumni, has been bought by 10x Genomics in a transaction which enables StartX to exit.

Aug 31, 2018
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