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Harry’s raises $75.6m at reported $750m valuation

July 7, 2015

Men’s razor company Harry’s has closed a $75.6 million Series C funding round led by Wellington Management. TechCrunch reports that the company is valued at $750 million post money. Harry’s sells its razors direct to consumers over the internet, either individually or by subscription. The company will use the new funds to expand its factory in Germany and boost production capacity. It will also invest in R&D and new hires.

Hotel Urbano, the Brazilian hotel-booking startup, has raised $60 million from Priceline Group. As part of the partnership, consumers in Brazil and Latin America will be able to access hotels in the Priceline Group’s network. “Brazil is a dynamic, fast growing market and both of us are growing very rapidly within this region,” said Darren Huston, President and CEO of The Priceline Group. “We are excited to partner with Hotel Urbano to help globalize their offering and let their customers experience the best of what both of us have to offer.”

Wearable tech startup Doppler Labs, which creates products to assist hearing, as raised $17 million in Series B investment round led by The Chernin Group, Wildcat Capital Management and Acequia Capital. “We started Doppler Labs less than two years ago with a vision of creating a new kind of immersive wearable tech,” said Noah Kraft, CEO and Co-Founder of Doppler Labs. “We are humbled and elated by the response from media and consumers after unveiling the Here Active Listening System, and by the support we have received from investors. We envision a post-mobile future where all people use a computer, speaker and mic in their ears to enhance how they interact with each other and their environment, and we work every day to create products that move us closer to achieving that vision.”

Core Informatics, a data management software company, has closed a $17.5 million Series B funding round, led by Oak HC/FT. “Drug discovery, molecular diagnostics, and other scientific domains are seeing tremendous transformation and yet the industry still lags in terms of software solutions to support this important work,” said Andrew Adams, a general partner at Oak HC/FT who will join Core’s board of directors. “Core Informatics is closing that gap by bringing the same transformational approach enabled by innovative cloud-based solutions to this market that we’ve seen create tremendous value in other healthcare markets by improving patient outcomes and human health.”

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Filed Under: Finance, Investment Round Up, Startups

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