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Jun 26, 2019

[ Financial Daily News ] Crunchbase Daily: Apple, Carbon, StockX, Grab and Medallia - June 26, 2019

Apple buys assets of struggling Drive.ai

Apple is reportedly paying an undisclosed sum to buy the assets, and bring aboard some employees, of Drive.ai, an autonomous driving startup on the brink of closure. Founded in 2015, Silicon Valley-based Drive.ai previously raised around $77 million in venture funding.

Carbon raises $260 million for 3D printing

Silicon Valley-based Carbon, a provider of high-tech 3D printing services, has raised $260 million in a late stage round led by Madrone Capital Partners and Baillie Gifford.

Sneaker marketplace StockX ties up $110M

Talk about a business with strong footing. StockX, a secondary marketplace for high-end sneakers, has raised a big new round of funding at a valuation of more than $1 billion. The round brings total funding for the four-year-old, Detroit-based company to around $160 million.

Grab invests in Splyt

Singapore-based ride-hailing app Grab participated in an $8 million Series A round for London's Splyt Technologies, which aggregates favorite platforms for finding a ride.

Taking a peek at Medallia's IPO filing

Customer survey and experience monitoring company Medallia is the latest enterprise software player to file for a public offering. Crunchbase News takes a look at its prospectus, which reveals annual revenues above $300 million, paired with persistent losses.

Crunchbase: 15 global incubators you need to know

For entrepreneurs looking for support – including community, education, mentorship, and capital – a startup incubator may be the perfect match. Here are 15 dotting the globe that you might not have heard of.

Recent Activity on Crunchbase

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Funding Rounds Added

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Recent Investments

Carbon

$260M / Series E

Carbon is a company that provides high-tech, waste reducing 3D printing services.

Categories:

Hardware · Manufacturing · Science and Engineering · Software · 3D Printing · Industrial Engineering · Mechanical Engineering · Robotics

Founders:

Philip DeSimone, Dr. Joseph M. DeSimone

Investors:

Erwin Arkema, Temasek Holdings, Hydra Ventures, + 6 more

StockX

$110M / Series C

StockX is an online marketplace for buying and selling limited edition and high demand sneakers.

Categories:

Clothing and Apparel · Commerce and Shopping · Consumer Goods · Internet Services · Sales and Marketing · E-Commerce · E-Commerce Platforms · Marketplace · Sales · Shoes

Founders:

Josh Luber, Dan Gilbert

Investors:

DST Global, General Atlantic, GGV Capital

Budderfly

$55M / Venture Round

Budderfly is an energy management company with devices that measure and report on all elements of energy use.

Categories:

Energy · Software · Sustainability · Energy Efficiency · Energy Management

Founders:

Mark Zuckerberg

Investors:

Connecticut Innovations, Balance Point Capital Partners (Lead)

More Investments
Company Amount / Round Lead Investor
Unacademy $50M / Series D Steadview Capital
venn $40M / Series A
Cobalt Robotics Inc. $35M / Series B Coatue Management
eSmart Systems $34M / Venture Round
OPEN $30M / Series B Tiger Global Management, Tanglin Venture Partners
BenchSci 27M CAD / Series B Gradient Ventures
Orderful $10M / Series A Andreessen Horowitz
Splyt $8.0M / Series A Grab
All Recent Funding Activity

Recent Acquisitions

BCA Marketplace

Pending acquisition by TDR Capital for 2.0B GBP

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Nabobil.no Getaround $12M
Waltz The We Company
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Upcoming Tech Events

Identiverse 2019

June 25-28, 2019 2019-06-25 in Washington

Identiverse, this digital world is being built on a foundation of identity security designed by a community of people.
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Jun 25, 2019 Chatbot Summit Tel Aviv 2019 Tel Aviv-yafo
Jun 26, 2019 PIRATE Summit 2019 Cologne
Aug 7, 2019 Traction Conf Vancouver
Sep 10, 2019 SaaStock West Coast 2019 San Francisco
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Start Date Event Location
Jun 26, 2019 IoT Forum on Computer Vision San Jose
Jul 16, 2019 In|Vest 2019 New York
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Jun 26, 2019 SparkLabs Accelerator Seoul
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Posted By Blogger to Financial Daily News at 6/26/2019 09:29:00 AM

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