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Alibaba sponsors $3 million Hong Kong startup competition

Alibaba sponsors $3 million Hong Kong startup competition

by The Brio Team | Apr 28, 2017 | Getting Funded

Author: Nicky Cappella / Source: The Stack Hong Kong Alibaba has kicked off Jumpstarter 2017, a competition between startups with a significant investment in their business as a prize. Each of the top three contenders will receive a prize of $1 million USD,...
Investors are betting 3DR can find life after Solo as a drone data platform

Investors are betting 3DR can find life after Solo as a drone data platform

by The Brio Team | Apr 28, 2017 | Getting Funded

Author: Lora Kolodny / Source: TechCrunch An early player in drone-tech, 3D Robotics Inc., announced that it has raised $53 million in a Series D round of funding on Thursday, including new equity funding and conversion of debt equity. Atlantic Bridge led...
Propel raises $4M to make the social safety net more tech savvy and user friendly

Propel raises $4M to make the social safety net more tech savvy and user friendly

by The Brio Team | Apr 27, 2017 | Getting Funded

Author: Anthony Ha / Source: TechCrunch Some big names are making an investment in food stamps — specifically in Propel, a startup that helps food stamp recipients manage their benefits. Propel is announcing that it has raised $4 million in seed funding from...
Big day Chicago tech as Origin Ventures closes $80M fund

Big day Chicago tech as Origin Ventures closes $80M fund

by The Brio Team | Apr 27, 2017 | Getting Funded

Author: Andreas Rekdal / Source: Built In Chicago On Thursday, Origin Ventures announced the closing of its fourth venture capital fund with $80 million in funding. The new fund brings Origin’s total assets under management to more than $135 million....
SiriusXM acquires connected car company Automatic for over $100M

SiriusXM acquires connected car company Automatic for over $100M

by The Brio Team | Apr 27, 2017 | Getting Funded

Author: Darrell Etherington / Source: TechCrunch SiriusXM has acquired Automatic, the maker of the Automatic Pro and Automatic Lite connected car OBD-II port accessories. The deal is acknowledged by SiriusXM CFO David Frear to be worth a little north of $100...
Marketing tech company Zeta Global raises $140M at a $1.3B valuation

Marketing tech company Zeta Global raises $140M at a $1.3B valuation

by The Brio Team | Apr 27, 2017 | Getting Funded

Author: Frederic Lardinois / Source: TechCrunch Zeta Global, the marketing tech company that has recently acquired the likes of eBay’s enterprise arm and Acxiom Impact, is preparing for another round of acquisitions and investments in its technology. To do...
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