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Wahanda bags $73m in funding

June 16, 2015

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 financing came from Japan’s Recruit Holdings, which now owns 80% of the company.

Hello, which produces the Sense sleep monitor, has raised a $40 million funding round led by Temasek. The company, which received $2.4 million in Kickstarter funding less than a year ago,  is now valued at $250 million, The Financial Times reports.

Digital money transfer service Azimo has secured $20 million in financing led by Frog Capital. MCI Investments and previous backers such as e ventures and Greycroft Partners also participated. The London-based company will use the funds to continue its growth in Europe and to target new markets in North America and Asia.  “It’s fantastic to be announcing our latest round of funding on the inaugural International Day of Family Remittances, which recognises the huge contribution made by migrant workers to their families and communities back home. Azimo is just getting started on its mission to change the sector but already we serve hundreds of thousands of customers and have built the most comprehensive global network of any digital money transfer business. These funds will allow us to further expand our services and continue to give the world’s migrants a better deal,” Azimo founder and CEO, Michael Kent said.

Actility, a provider of network solutions for the Internet of Things market, has raised a $25 million funding round led by Ginko Ventures. “Today’s wireless technologies are not optimized for IoT applications which require sensors to be low power and able to run on a battery with very little maintenance. ThingPark provides the technology to connect both long range and low power sensors over unlicensed ISM band spectrum, allowing low cost and fast roll-out of IoT networks for a wide range of IoT applications,” said Olivier Hersent, Founder, CEO and CTO, Actility in a press release. “We are delighted to have secured the backing of such prominent communications industry leaders.”

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Filed Under: Finance, Investment Round Up, Startups

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