Indigo, a startup using technology to help sustainable agriculture, has closed a $100 million Series C funding round. Alaska Permanent Fund led the financing, with participation from previous investors, including Flagship Ventures and members of the company’s management and board. Indigo will use the new funds to expand research and development efforts and to increase the size of its team. “While early, we believe our approach has the potential to fundamentally change agriculture for the better,” said David Perry, CEO of Indigo. “We are committed to partnering with growers to develop this innovation to benefit both their business and their land.”
Chinese parenting and pregnancy online portal and e-commerce platform Babytree has raised $450 million in a new round of funding from unnamed investors. Existing investors, which include Matrix Partners and Qian He Capital Management did participate. Babytree was established in 2007 and raised $10 million in venture funding from Matrix Partners China in 2008. In 2014 TAL Education Group acquired a minority stake in the company for $23.5 million.
Thailand-based payment startup Omise has raised a $17.5 million Series B round of funding led by SBI Investment. Sinar Mas Digital Ventures, Ascend Money and previous backer Golden Gate Ventures also participated. The company’s payment system allows any retailers to take credit card payments online. Omise will use the new funds to expand across Southeast Asia. The company’s services are currently available in Thailand and Japan.
Redis Labs, a data structure store, has raised $14 million in Series C funding. The round was led by Bain Capital Ventures and Carmel Ventures, with participation from previous investors. Redis Labs plans to expand its sales and marketing with the new funds. “Enterprise demand for Redis is exceeding all expectations,” said Ofer Bengal, CEO and co-founder, Redis Labs. “Next generation operational and analytic applications are ultra-responsive and depend on the extreme low latencies of Redis to deliver high performance customer experiences. These are fueling the market need for Redis Labs’ products, which enhance open source Redis with enterprise-class high availability, effortless scaling and reduced operational overhead.”