Fundings & Exits – TechCrunch
Browser maker Opera successfully begins trading on NASDAQ
Opera is now a public company. The Norway-based company priced its initial public offering at $12 a share — the company initially expected to price its share in the $10 to $12 price range. Trading opened at $14.34 per share, up 19.5 percent. The company raised over $115 million with this IPO. Opera Ltd. filed […]Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/FdKyDnWS4MI/
WeWork China raises $500M to triple the number of cities it covers
WeWork’s China business is getting a fresh injection of capital after it raised $500 million. The company entered China two years ago and today it covers Beijing, Shanghai and Chengdu with nearly 40 locations. It claims 20,000 members, and it is also active in Hong Kong, which technically falls under ‘Greater China.’ The new capital […]Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/gDVqzOXlf78/
The incredible rise of Pinduoduo, China’s newest force in e-commerce
Editor’s note: This post originally appeared on TechNode, an editorial partner of TechCrunch based in China. From Alibaba to JD, China is not short of e-commerce powerhouses. Although the country’s e-commerce market is highly consolidated, it’s not impossible for startup teams to crack this market as long as they are solving the right problems for […]Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/penUe32WBHc/
Facebook acquires Redkix to enhance communications on Workplace by Facebook
Facebook had a rough day yesterday when its stock plunged after a poor earnings report. What better way to pick yourself up and dust yourself off than to buy a little something for yourself. Today the company announced it has acquired Redkix, a startup that provides tools to communicate more effectively by combining email with […]Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/t3LQB9BNjOI/
India’s answer to WeWork raises $20M
WeWork rivals are in the money this year. India’s biggest rival to the U.S. co-working giant, a Mumbai-headquartered startup called Awfis, announced that it has raised $20 million in new capital for expansion. The news comes just after Hong Kong-based Campfire pulled in $18 million. Awfis raised its new funds, which are a Series C […]Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/Vbd4OV73NE8/
Snap40 raises $8M for its AI-powered patient monitoring solution
Snap40, a Scottish startup that has developed an AI-enabled wearable device to help health professionals monitor patients either on the hospital ward or at home, has raised $8 million in seed funding. The round is led by ADV, with participation from MMC Ventures, and brings total funding to $10 million. Originally launched as a clinical […]Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/jNM_OJQuz1I/
Korean hotel firm Yanolja moves into Southeast Asia with $15M investment in Zen Rooms
Zen Rooms, the budget hotel network startup founded by Rocket Internet, had faced the deadpool earlier this year after a prospective funding deal collapsed, but now the business appears to have found a home. Korea’s Yanolja, a popular motel brand that has branched out into app-based hotel bookings, has made a strategic investment that could see it […]Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/q1tN-88jf-I/
Zbiotics says it’s bioengineered a hangover cure
Y Combinator backed Zbiotics has spend two years developing what they’re billing as the world’s first genetically engineered probiotic. The startup’s initial product isn’t exactly world-changing but it might just save your day — given they’ve invented an elixir of ‘next day’ life: Aka a hangover cure. Although you actually have to take it before — or, well, during […]Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/xjC-7olt9Oc/
Guild Education raises $40M to offer employees education as a company perk
Recruiting, hiring and retention can be one of the most costly parts of a company’s entire operation, and there’s a class of startups and companies that are increasingly getting funded to try to optimize one or more of those problems all at once — including a new big round for employee education platform Guild Education. […]Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/yI5kFYF4DdU/
Chat app Line gets serious about gaming with its latest acquisition
Line, the company best-known for its popular Asian messaging app, is doubling down on games after it acquired a controlling stake in Korean studio NextFloor for an undisclosed amount. NextFloor, which has produced titles like Dragon Flight and Destiny Child, will be merged with Line’s games division to form the Line Games subsidiary. Dragon Flight […]Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/q0TqEs0EU-s/
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