Category: General Partner

Funded by Connect Ventures, Purple Dot plans to take on Klarna-style purchase debt

In recent times startups have appeared offering credit at an e-commerce basket checkout so that a customer can buy a product without needing to pay right away. Klarna or Clearpay are the two most notable in this field. But what if you flipped the model around so that consumers could…

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Emerging from stealth, Octant is bringing the tools of synthetic biology to large scale drug discovery

Octant, a company backed by Andreessen Horowitz just now unveiling itself publicly to the world, is using the tools of synthetic biology to buck the latest trends in drug discovery. As the pharmaceuticals industry turns its attention to precision medicine — the search for ever more tailored treatments for specific…

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Nanit raises $21 million for its baby monitor, app, and new line of wearables for infants

The developer of a machine learning enhanced baby monitor, Nanit, has managed to nab $21 million in financing even amid the teeth of an epidemic that has slowed venture financing across the board. The round came from existing investors including: Jerusalem Venture Partners, Upfront Ventures, RRE Ventures, and Rho Capital Partners, and…

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ClimateView raises $2.5 million for its toolkit to visualize climate mitigation plans

ClimateView, a Swedish software development company working on monitoring and visualization tools for greenhouse gas emissions, said it has raised $2.5 million in its latest round of financing. While the world is gripped by the material and economic toll of the COVID-19 epidemic, the problems society faces from longterm global…

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Pre-school EdTech startup Lingumi raises £4m, adds some free services during Covid-19

At these difficult times, parents are concerned for their children’s education, especially given so much of it has had to go online during the Covid-19 pandemic. But what about pre-schoolers who are missing out? Pre-school children are sponges for information but don’t get formal training on reading and writing until…

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NEA, venture capital’s quiet giant, closes on $3.6 billion

With its new fund, NEA will continue its strategy of investing across stages in technology and healthcare deals, with a focus, the firm says, on early stage deals and some growth investments. “We are deeply grateful to our limited partners for their commitment to NEA and their confidence in our…

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