Crunchbase Update of innovations, acquisitions and Funding

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Swiggy scoops up $210M

Food delivery continues to gobble up huge quantities of investor capital. The latest large funding recipient is Swiggy, an Indian food delivery provider that just raised $210 million in a new round led by return backer Naspers. The financing reportedly values Swiggy at around $1.3 billion.

Microsoft buys AI startup Bonsai

Microsoft is acquiring Bonsai, a developer of machine learning technology for industrial and enterprise applications. Berkeley, Calif.-based Bonsai, founded in 2014, previously raised about $14 million in venture funding.

Hired secures $30M Series D

Hired, the recruitment platform that lets companies reach out to talent, has raised a $30 million Series D led by Investment Management Corporation of Ontario.

Amazon Prime Wardrobe not a good look for startups

Amazon is upping the stakes in the direct to consumer space with its launch of a new “try before you buy” offering. The service could pose a threat to emerging players, including at least eight startups with similar platforms, as well as a number of larger companies.

Recent Activity on Crunchbase

341 Funding Rounds Added 99 Acquisitions Recorded $3.1B Fundings Captured 9,101 Entities Updated

Featured Searches and Lists

Name Type Entries 2018 Late Stage Venture rounds over $50M Funding rounds 227 Artificial intelligence acquisitions in the past three years Acquisitions 278 Recruiting platforms that have raised more than $10 million Companies 122 More Featured Searches and Lists

Recent Investments

Swiggy$210M / Series G Swiggy is a food ordering platform that delivers directly from neighborhood restaurants. The Bangalore, India-based company claims to cover 35,000 restaurants with a delivery fleet of over 40,000. Categories: Food and Beverage · Internet Services · Transportation · Food Delivery · Food Processing · Internet Founders: Rahul Jaimini, Sriharsha Majety, Nandan Reddy Investors: Meituan-Dianping, Coatue Management, DST Global (Lead), + 1 more Hired$30M / Series D Hired is a career marketplace that matches tech talent with innovative companies. The San Francisco-based company claims that there has been a 300 percent year-on-year bookings growth, with big-name companies actively using the platform. Categories: Administrative Services · Commerce and Shopping · Internet Services · Professional Services · Internet · Marketplace · Recruiting · Staffing Agency Founders: Allan Grant, Douglas Feirstein, Matt Mickiewicz Investors: Investment Management Corporation of Ontario (Lead) Gotham Greens$29M / Series C Gotham Greens is an urban greenhouse developer and grower of locally and sustainably grown produce. The Brooklyn, New York-based company intends to use the funds to expand their team, widen distribution, and enhance research and development. Investors: Silverman Group (Lead), Creadev More Investments Company Amount / Round Lead Investor Blinkist $19M / Series C Insight Venture Partners Drip Capital $15M / Series A Accel, Wing Venture Capital, Sequoia Capital SharesPost $15M / Series C LUN Partners Group, Kenetic Capital Scratchpay Financial $6.4M / Series A Companion Fund Inky $5.6M / Series A ClearSky All Recent Funding Activity

Recent Acquisitions

Bonsai Pending acquisition by Microsoft Evolve Analytics Pending acquisition by Gentrack Group for 23M GBP More Acquisitions Company Acquired by Amount Virtusize YJ Capital 11M EUR Hinge Match Group – All Recent Acquisition Activity

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Webit.Festival Europe 2018 June 25-27, 2018 2018-06-25 in Sofia Webit.Festival Europe 2018 is Europe’s tech and digital policy gathering of EU policy makers, global innovation leaders ranging. More Events Start Date Event Location Jun 24, 2018 ISTE 2018 Chicago Jul 3, 2018 Pirate Summit 2018 Cologne Jul 11, 2018 WT | Wearable Technologies Conference 2018 USA San Francisco Jul 24, 2018 Voice Summit Newark More Upcoming Events

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