Crunchbase Daily: Neo4j, Monzo, Seed, Molekule and Handshake
Neo4j closes $80M Series E
Neo4j, a Swedish-American open source-powered graph database startup, has raised $80 million in a Series E round. One Peak Partners and Morgan Stanley led the financing, which brings total capital raised to date to $160 million.
Monzo is latest banking startup to secure big round
U.K.-based mobile banking platform Monzo raised £85m (about $108M) in a Series E financing led by General Catalyst. The investment is one of a growing number of good-sized rounds this year for U.S. and European mobile banking startups.
Seed winds down banking service
Yet not all banking startups are thriving. This week San Francisco-based Seed said it is winding down its online banking service for freelancers and small business owners.
Molekule raises $25M to purify air
San Francisco-based Molekule, a developer of air purification devices that destroy pollutants on a molecular level, raised $25 million in a Series B funding round led by Foundry Group.
VC industry guide launches first installment
Crunchbase News is compiling an open, ever-expanding guide to the VC industry. Our first installment starts with the very basics.