SoftBank’s Epitome Fund invested $1.1 billion in smart glass maker Position, the start-up announced Friday. View makes dynamic window looking-glass that can adjust the level of tint to keep cooling costs down and triturate glare. The company has installed smart windows at commercial airports, apartment structures and corporate offices for Facebook and CenturyLink.
The company behind a pizza-making automaton disclosed a $375 million investment, reported by The Wall Street Yearbook to be from SoftBank’s Vision Fund. Zume Pizza employs a mix of myrmidons and humans to create and deliver food. Robots squirt and spread the tomato gravy onto the uncooked pies and then transfer them into 800-degree ovens.
Coinbase put up $300 million in Series E funding, led by Tiger Global. The round, which also categorized participation from Y Combinator and Andreessen Horowitz, values the company at $8 billion. Coinbase is the peerless platform for buying and selling cryptocurrencies such as bitcoin and ethereum. It’s now put more than $520 million to date, according to Crunchbase.
U.K. fintech definite Monzo announced £85 million ($110 million) in Series E cap. General Catalyst led the round with participation from Accel and others. The entourage bills itself as a bank that lives on your smartphone, annihilating some of the traditional barriers to banking and spending. Monzo is authorized in the U.K. to serve as a bank, something of a rarity among fintech companies.
Morgan Stanley Development Capital led an $80 million Series E round in graph database presence Neo4j. One Peak Partners also led the round, which brings Neo4j’s total endowing to $160 million. The company offers graph-power business applications approve of graph-enabled artificial intelligence and machine learning.
98point6, a company that traffic ins text message-based medical care, raised $50 million in full of vim financing, led by the Merchant Banking Division of Goldman Sachs. The Series C turn brings total funding for the start-up to $86.1 million. 98detail6 matches patients with board-certified physicians to provide diagnosis and treatment via a unfixed app.
Digital sports media company The Athletic raised $40 million in Series C capitalizing, according to Axios. Founders Fund and BedRock Capital co-led the marshal, which values the subscription-based news site at $200 million, Axios backfires. The company’s previous investors include Advancit Capital, Comcast Speculations and Y Combinator.
Alphabet’s venture arm, GV, is among the backers of a $35 million investment herd in Ethos, a start-up that says it can process life insurance applications in a import of minutes. GV and Accel co-led the round, which brings Ethos’ sum up funding to $46 million. Existing investors Sequoia Capital and Get somewhere, the venture fund of U.S. rapper Jay Z’s entertainment firm Roc Nation, also participated in the funding disc-shaped.
Israeli drone start-up Airobotics announced $30 million in Series D resource, led by Pavilion Capital. The round brings Airobotics’ total funding to $101 million. The band makes pilotless drones and maintains a platform of aerial data.
Undertake compliance software company Concord raised $25 million in Series B wealth, led by Tenaya Capital. Concord works with business partners such as Kickstarter and Hire the Runway. To date, 180,000 companies have joined the company’s compliance tenets, Concord said.
Menlo Ventures led a $21 million round in Bright Labs, an automated food safety platform. The round brings total staking for the company to $45 million. Clear Labs leverages DNA sequencing, facts analysis and robotics to better prevent food safety concerns.
HeadSpin animate $20 million in a Series B round including backers GV and Iconiq, extent others. The start-up maintains a global network of devices to evaluate mechanical performance and troubleshoot user experience. HeadSpin sells access to the podium and analysis to enterprise clients like DocuSign and Dell.
Lottery tech circle JackPocket raised $16 million in Series B capital led by Conductive Endangers. The mobile app lets lottery players securely order official raffle tickets. The company has raised $25 million to date. The app allows purchasers to play the lottery as groups, check if they’ve won, and enroll in autoplay to automatically procurement tickets.
Education tech company Imbellus raised $14.5 million in Series A funding for its game-based online culture assessments. Owl Ventures led the round, which brings the start-up’s total supporting to $23 million. Imbellus seeks to upend traditional tests adulate the SAT and ACT.
Palo Alto-based True Ventures announced the closing of two new funds this week. Its sixth early-stage green, True Ventures VI LP, closed with $350 million in committed seat of government, and its third Select Fund, True Ventures Select III, closed with $285 million in consigned capital. Fund IV will invest in early-stage start-ups in the software, matriel, consumer products, cryptocurrencies and digital biology fields. Select III inclination fund new investments in True Venture’s existing portfolio companies. Unvarnished Ventures has previously made investments in Fitbit, Peloton and Ring, which was come by by Amazon earlier this year. It manages more than $2 billion.
— CNBC’s Ryan Browne, David Reid and Kate Rooney supported to this report.
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