Endotronix Secures $32m Series C for Heart Failure Solutions

Endotronix, a medtech company providing solutions for patients with advanced heart failure, has closed a $32 million Series C funding round. BioVentures Investors, SV Life Sciences, Lumira Capital, Aperture Venture Partners and…

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Armenia’s TUMO Center Looks Beyond the Caucasus

On a hot day in Yerevan, Armenia’s compact capital, a new generation of tech professionals is being put through its paces at the city’s flagship education center. Some kids are running a…

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Codecademy Secures $30m Series C Funding Round

Codecademy, a digital skills education company, has closed a $30 million Series C investment round led by Naspers. Existing investors Union Square Ventures, Flybridge Capital Partners, Index Ventures and Sir Richard Branson…

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Tech Open AirTech Open Air

Tech Open Air Berlin’s Collaborative Spirit Merges Tech with Culture

It has not taken long for Tech Open Air (TOA) to become a big fixture on Europe’s tech events calendar. The show, whose 2016 edition kicks off in Berlin on the July…

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Cybersecurity Firm Darktrace Grabs $65m Investment Round

Darktrace, a U.K.-based cybersecurity company, has raised a $65 million investment round led by KKR with participation from Softbank Group. Ten Eleven and Summit Partners were also included in the funding round,…

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Thrive MarketThrive Market

Thrive Market Secures $111m in Funding

Thrive Market, an online marketplace for healthy foods, has raised $111 million in a new round of financing led by Invus. Greycroft Partners, E-Ventures and Cross Culture Ventures, all previous investors in…

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Eco-Automaker Riversimple Launches U.K. Hydrogen Car Trial

Welsh eco-friendly carmaker Riversimple has launched a trial of its hydrogen-powered Rasa model in its home country. The firm, which is currently crowdfunding to match a $2.2 million EU grant, will trial…

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In Kabul, Three Generations of Startups Make Plans for a Future without Donors

In 2005, when Farshid Ghyasi founded NETLINKS, Afghanistan barely knew IT. The market, he generously says, was “virgin…there were no players.” It doesn’t take a Silicon Valley VC to know that founding…

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Uber Seeks to Raise Up to $2bn in Leveraged Loan Market

Uber is looking for more cash, just weeks after raising $3.5 billion from Saudi Arabia. The ride hailing app is turning to the leveraged-loan market for funding this time, and has hired…

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Red Herring Crowns Top 100 North America Winners

The Red Herring Top 100 North America event came to a close in Newport Beach last week, as the best and brightest of North American startups were honored. The two-day conference featured…

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