Alibaba and Foxconn pump $118m each into SoftBank’s robotics division

Alibaba and Foxconn have invested $236 million into the SoftBank’s robotics division. The two companies have pumped $118 million into SoftBank Robotics Holdings for a 20% stake each. SoftBank retains a controlling…

Read Full Article
Doctor on Demand thumbDoctor on Demand thumb

Doctor on Demand grabs $50m Series B financing round

Doctor on Demand, a service which allows doctors to connect with patients via video, has closed a $50 million Series B financing round led by Tenaya Capital. Qualcomm Ventures, Dignity Health, Ann…

Read Full Article

Wahanda bags $73m in funding

U.K. beauty salon appointment service Wahanda has secured $73 million in funding, TechCrunch reports. The company has also announced the acquisition of ZenSoon, a beauty platform based in France. All of the…

Read Full Article
EU flagEU flag

U.K. home to most ‘Unicorns’ in Europe – but valuations still far behind U.S.

Britain leads the way in playing host to ‘unicorn’ tech companies – firms that have passed the $1 billion valuation mark – but Europe’s big players still lag far behind the numbers…

Read Full Article

HomeLane grabs $50m for home based solutions

India-based home solutions startup HomeLane has secured $50 million in funding led by Sequoia Capital. The company had previously raised $4.5 million in February, and will use this latest cash injection for…

Read Full Article

Uber to raise $1bn to expand in China, reports suggest

A report from The Financial Times suggests that Uber is preparing a $1 billion round of funding in order to crack the Chinese market. Uber currently operates in 11 Chinese cities, and…

Read Full Article
Spain flagSpain flag

Legislation holds back VC investment in Spain

Venture capital in Spain has, traditionally, been hard to come by. But that is changing. Spanish firms attracted €209 million ($235 million) in VC investment in 2013 , down from €221 million…

Read Full Article

The Exit Report: BlueStripe Software, MindBody, SnapGuide

Microsoft has acquired BlueStripe Software, an application management services company. Deal terms were not disclosed. BlueStripe previously attracted investment from Trinity Ventures and Valhalla Partners. Microsoft will stop selling BlueStripe, instead integrating the software into its other products, but will support existing customers.

Read Full Article

Duolingo raises $45m for language tutorial platform

Duolingo, a website which offers free language tutorials, has raised $45 million in an investment round led by Google Capital. The company, which boasts over 100 million users, has previously attracted funding…

Read Full Article

Spotify raises $115m selling 1.4% stake

Swedish telecom operator TeliaSonera has confirmed a $115 million investment in music streaming service Spotify, securing a 1.4% stake in the company. The deal values Spotify at $8.2 billion. The investment is…

Read Full Article