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Tracxn – Analyst Notes (India Practice) # 683

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A daily newsletter summarizing interesting Indian startups and recent activity both in India & globally.

INTERESTING STARTUPS

InspectWay (2017, Gurgaon), app-based platform for vehicle tracking & security. Local comparables are Nimble (2016, Mumbai) and CaRPM (2015, Gurgaon, $100K). Global comparables are GreenRoad (2004, Holon, $81.5M) and Zendrive  (2013, San Francisco, $15M).

INDIA INTERESTING NEWS

CredRight (2016, Hyderabad), a platform for collateral free loans to chit fund subscriber MSMEs, raises $1.3M in pre-Series A round of funding led by Accion Venture Lab, YourNest Venture Capital. Link

CoinTribe (2015, Delhi), a lending marketplace offering business and personal loans, raises $10M in Series B round of funding led by Sabre Partners and Puneet Dalmia. Link

Gaana (2011, Delhi), music Streaming platform based out of India, launches voice assistant feature for its over 60 million monthly active users. Link

GLOBAL ROUNDUP

Paxos (2013, New York City), post settlement based blockchain solution provider, raises $65M in Series B round of funding led by existing investors including Liberty City Ventures, RRE Ventures and Jay Jordan. Link

Klaxoon (2014, Rennes), cross-device platform for collaboration and training in an organisation, raises $50M in Series B round of funding led by Idinvest Partners with participation from additional early round investors including Bpifrance, Sofiouest, Arkea and White Star Capital Fund. Link

Trilogy Education Services (2015, New York City), provider of alternative credentialing to students in partnership with universities, raises $50M in Series B round of funding led by Highland Capital Partners, Macquarie Capital, and Exceed Capital, with participation from existing investors Rethink Impact, City Light Capital and Triumph Capital LLC. Link

Alfred Club (2013, New York City), personal concierge service to handle your errands, raises $40M in Series B round of funding led by syndicate of strategic partners, including real estate developers Divco West and Invesco and early investors New Enterprise Associates and Spark Capital. Link

Ecobee (2007, Toronto), maker of a smart thermostat, raises $36M in Series C round of funding led by Caisse de depot et placement du Quebec, AGL Energy and Business Development Bank of Canada. Link

Kneron (2015, San Diego), provider of hardware and software solution for edge AI applications, raises $18M in Series A1 round of funding led by Horizons Ventures. Link


Tracxn Analyst Notes (China Practice Weekly) # 137

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A weekly newsletter summarizing recent activity in the Chinese startup ecosystem.

DEALS OF THE WEEK

Alibaba, Tencent And Baidu Invest In Foxconn Unit’s $4.3B IPO
Alibaba Group Holding, Tencent Holdings Ltd, and Baidu Inc, the China’s internet giant trio, invests in Foxconn Industrial Internet Co’s IPO at $4.3B.

INTERESTING FUNDRAISING ACTIVITY IN CHINA

Chinese co-living firm Harbour raises $2.58B for two China property buyout funds
Harbour Apartments (2015, China), a co-living space operator, raises $2.58B in undisclosed Series round led by undisclosed investors.

Alibaba & Cainiao Invest $1.38B In Chinese Logistics Company ZTO Express
ZTO Express (2002, Shanghai), an express delivery company, raises $1.38B in undisclosed Series round led by Alibaba Group Holding Limited, and Cainiao Network.

Chinese Artificial Intelligence Start-up SenseTime Raises $620M Series C+ Round
SenseTime (2014, Hong Kong), a private artificial intelligence company, raises $620M in Series C+ round led by Fidelity International, Hopu Capital, Silver Lake and Tiger Global. Shenzhen Capital Group Co., Ltd., Bank of China Group Investment Limited, Qualcomm Ventures and others also participated in the round.

Sequoia-backed biopharma startup JHL Biotech raises $106M
JHL Biotech (2012, Hsinchu), a biopharmaceutical company backed by Sequoia Capital, raises $106M in undisclosed Series round led by VMS Investment Group.

CMB Leads $47M Series C Round In Chinese Programming Education Firm Codemao
Codemao (2015, Shenzhen), a programming education firm, raises $47M in Series C round led by CMB International Capital, Shanshui Venture Capital, Green Pine Capital Partners, and The Beijing News.

CDH Investments, Leadyond Capital Lead $39M Series B In Drug Discovery Firm HitGen
HitGen (2012, Sichuan), a drug discovery firm, raises $39M in Series B round led by CDH Investments, and Leadyond Capital.

Northern Light Leads $22M Series A Round In Chinese Smart Door Lock Supplier Youdian Technology
Youdian Technology (2017, Shenzhen), a smart door lock supplier, raises $22M in Series A round led by Northern Light Venture Capital, and Foxconn Technology Group.

BlueRun Ventures Leads $10M Series A Round In Chinese VR Firm NOLO
NOLO (2016, Beijing), a virtual reality firm, raises $10M in Series A round led by BlueRun Ventures.

CDH Leads $10M Round In Chinese Smart Suitcase Developer ForwardX
ForwardX (2016, Beijing), a smart suitcase developer, raises $10M in Series A+ round led by CDH Investments, and Eastern Bell Venture Capital.

Sinovation Ventures Invests $5.8M In Yonghui Superstore Unit
Yonghui Superstores (2001, China), a Chinese fresh produce retailer, raises $5.8M in undisclosed Series round led by Sinovation Ventures.

HK’s SmartUp raises $5M from Blockchain Japan to incubate startups
SmartUp (2018, Hong Kong), a blockchain incubation platform, raises $5M in Series A round led by Blockchain Japan.

Omnistream bags $1M-plus funding to play retail Moneyball
Omnistream (2012, Hong Kong), a retail data analytics startup, raises $1M in Seed round led by C31 Ventures, and Wavemaker Partners.

Chinese E-commerce Firm Jollychic Gets Investment From Sequoia Capital At Unicorn Valuation
Jollychic (2013, Shenzhen), a cross-border e-commerce firm, raises an undisclosed amount in Series C round led by Sequoia Capital.

Blockchain Transportation Solutions Provider CarBlock Secures New Financing Round
CarBlock (2017, China), a blockchain transportation solutions provider, raises an undisclosed amount in undisclosed Series round led by Consensus Lab.

INVESTMENTS BY CHINESE INVESTORS AND COMPANIES

Chinese Used Car E-commerce Platform Uxin Files For $500M US IPO
Uxin, a China-based used car e-commerce platform, files $500M in US IPO.

Primavera Capital’s China-focused fund raises $491M in the first close
Primavera Capital Group, a China-based private equity firm, raises $491M for a third dollar-denominated fund.

Pivotal China launches debut early-stage $150M VC fund
Pivotal bioVenture Partners China, a China-based life sciences venture capital fund, raises $150M for Pivotal bioVenture Partners China USD Fund I.

China’s Volcanics Venture Raises $72.8M Fund For Early Stage Investments
Volcanics Venture, a Shanghai-based venture capital investment company, raises $72.8M fund for early-stage investments.

Tracxn – South East Asia Newsletter # 139

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A weekly newsletter summarizing recent activity and interesting startups in South East Asia.

INTERESTING COMPANIES FOUND

Analisa (2018, Jakarta) – Analytics solutions for Instagram. Global Comparable include Metrix App (2017, Gloucester, null), and NetBase (2004, Mountain View, $87.4M).

Sentinel Protocol (2018, Singapore) – Crypto-asset security protocol. Global Comparable include LookingGlass Cyber Solutions (2006, Reston, $114M) and Anomali (2012, Redwood City, $96.3M).

SEA – FUNDING UPDATES

Frontier Digital Ventures raises funding
Frontier Digital Ventures (Malaysia), an online classified portal listed on the Australian Stock Exchange, raises $8.4M in undisclosed round of funding in Entitlement Offer.

PHI Integration raises funding
PHI Integration (2005, Indonesia), a data management and analytics startup, raises an undisclosed amount in Seed round of funding from East Ventures and Skystar Capital.

Sentinel Protocol raises funding
Sentinel Protocol (2018, Singapore), a crypto-asset security protocol provider, raises $8M in ICO.

Winery.ph raises funding
Winery.ph (2017, Philippines), a curated online wine marketplace, raise an undisclosed amount in an undisclosed round of funding from undisclosed investors.

Lion TCR raises funding
Lion TCR (, Singapore), a clinical-stage biotech firm, raises $20M in Series A round of funding from Yashang Capital, and Westlake Ventures Capital.

Moovaz raises funding
Moovaz (2017, Singapore), a logistics technology startup specializes in international relocation, raises $1M in Seed round of funding from Mojo Partners.

GoQuo raises funding
GoQuo (2002, Kuala Lumpur), a travel technology solutions provider for airlines, raises $6M undisclosed Round of funding from Singapore Press Holdings, Monk’s Hill Ventures, and TH Capital.

SEA – RECENT DEVELOPMENTS

Memories Group acquires Kayah Resort for $2.9M
Memories Group Limited, a tourism company in Myanmar, acquires Kayah Resort in Myanmar, for $2.9M.

Myanmar Strategic Holdings acquires EXERA for $2.2M
Myanmar Strategic Holdings, an independent developer, and operator of consumer-focused businesses in the frontier market acquires EXERA, a Yangon based safety, and security services provider, for $2.2M.

Siam Cement Group acquires 29% stake in Long Son Petrochemicals for $490.2M
Siam Cement Group, a Thai industrial conglomerate, acquires Long Son Petrochemicals, a Vietnam based petrochemical products provider, for $490.2M.

Traveloka launches car rental service
Traveloka, an Indonesia based travel tech giant, launches car rental service.

Carsome to invest $7.1m in Indonesia operations
Carsome, a Malaysia based online used car platform, to invest $7.1M in Indonesia operations.

JustCo eyes acquisitions for regional expansion
JustCo, a Singapore based managed coworking space provider, eyes acquisitions for regional expansion.

Singapore’s GIC divests entire stake in Vinasun
Singapore’s GIC divests entire stake in Vinasun, a Vietnam based taxi firm.

Tracxn – Analyst Notes (India Practice) # 684

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A daily newsletter summarizing interesting Indian startups and recent activity both in India & globally.

INTERESTING STARTUPS

VevoPlanet (2016 Mohali), augmented reality based books for pre-school students, Founder is CEO & Founder of Espranza and alumnus of Monash University. Local comparables are Smartivity Labs (2015, Delhi, $3.13M) and Play Shifu (2016, Bangalore, Seed). Global comparables are Neo Bear (2009, Shanghai, $56M) and Alive Studios (2014, Dacula, $5M).

INDIA INTERESTING NEWS

Archean Group (1982, Chennai), provider of industrial salt, building materials & mining indian exporter, raises $119.35M through structured credit transaction from India Resurgent Fund. Link

Locus (2015, Bangalore), delivery automation solutions for on-demand businesses, raises $4M in pre-Series B round of funding from Rocketship.vc, Recruit Strategic Partners, piVentures and Mr. Hemendra Kothari of DSP Group, with participation from previous investors Blume Ventures, Exfinity Venture Partners, BeeNext and growX ventures. Link

Picxy (2017, Amaravati), stock photo startup, raises $130K in funding from angel investors. Link

Aidia Technovations (2017, Mumbai ), working on technology enabled innovations, raises undisclosed amount of funding from undisclosed investor. Link

Phi Commerce (2015, Pune), platform to enable remote payment transactions, launches Bharat QR-based payment solution as it aims to introduce e-cash on delivery solutions for tier I cities. Link

GLOBAL ROUNDUP

Bungie (1991, Bellevue), video game developer, raises $100M in funding from NetEase, by Selling minority stake. Link

Chime Bank (2013, San Francisco), third party banking service for The Bancorp Bank, raises $70M in Series C round of funding led by Menlo Ventures, with participation from Forerunner Ventures, Aspect Ventures, Cathay Innovation, Northwestern Mutual, Crosslink Capital, and Omidyar Network. Link

SafeToNet (2013, London), AI based parental control software on computer and mobile device, raises $13M in Series A round of funding from West Hill Capital. Link

Coffee Meets Bagel (2011, NYC), dating and social networking website and mobile app, raises $12M in Series B round of funding from Atami Capital. Link

Bext360 (2016, Denver), end-to-end coffee supply chain management using artificial intelligence and blockchain, raises $2.15M in Series round of funding led by SKS Ventures with participation from Plug and Play Ventures. Link

Nexus Venture Partners, Menlo Park-based early-stage VC firm, raises $313 for its investment fund. Link 

Tracxn – Analyst Notes (India Practice) # 685

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A daily newsletter summarizing interesting Indian startups and recent activity both in India & globally.

INTERESTING STARTUPS

Uchit (2018, Kanpur), P2P communication and collaboration platform. Founder is Founder of CRASS Infotech.  Local comparable is Indicoin (2017, Noida). Global comparables are Status (2015, Zug, $1.2M) and The World Table (2013, Orem, $4.48M).

INDIA INTERESTING NEWS

Divgi-TTS, Pune-based automobile component maker, raises $15M in funding, by selling stake to Oman India Joint Investment. Link

Sports Flashes (2016, Mumbai), a web and mobile-based sports content platform covering a wide category of sports, raises $1M in Pre-Series A round of funding led by SRI Capital. Link

Hey Deedee (2016, Mumbai), hyperlocal delivery services provider with women-only riders, raises $500K in pre-Seed round of funding led by Metaform Ventures. Link

ClearDekho (2015, Ghaziabad), online retail store to purchase eyewear, raises $298K in Pre-Series A round of funding led by Venture Catalysts, Samyakth Capital, Windrose Capital, Krishnan Akhileswaran of Apollo Hospitals, and Yogesh Chaudhary. Link

DigiConnectt (2016, Bengaluru), an artificial intelligence startup that offers sales analytics and enablement solutions, raises $125K in Seed round of funding led by Aspire Logistics. Link

Kashmir Box (2011, Srinagar), online marketplace for handcrafted products by artisans of Kashmir, raises an undisclosed amount of funding from an undisclosed investor. Link

GLOBAL ROUNDUP

Dataminr (2009, New York City), a startup that analyzes public data about events in real time, has raised $221M in funding from undisclosed investors. Link

Lendix (2014, Paris), online lending platform for SME loans, raises $37M in funding led by Idinvest, Allianz, CIR SpA, Partech, CNP Assurances, Decaux Frères Investissements and Matmut. Link

Cyberbit (2015, Raanana), a consolidated detection and response platform that protects an organization’s entire attack surface across IT, OT and IoT networks, raises, raises $30M in funding from private equity investor Claridge Israel. Link

PerfectStay, Paris-based B2B tour operator, raises $17.5M in funding, led by Partech and Felix Capital. Link

FlyHomes (2015, Seattle), online brokerage service provider to buy and sell residential properties, raises $17M in Series A round of funding led by Andreessen Horowitz, with participation from Mark Vadon, Shasta Ventures and Zulily. Link

Systum (2015, San Francisco), provider of a cloud-based, digital operating platform for small to medium-sized businesses raises $7.5M in Series A round of funding led by Underscore VC with participation from Hearst Ventures. Link

Tracxn – Analyst Notes (India Practice) # 686

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A daily newsletter summarizing interesting Indian startups and recent activity both in India & globally.

INTERESTING STARTUPS

IQ Lattice (2017, Hyderabad), AI based video analytics solutions for application in smart cities and buildings, Founder is Ex-Senior Data Scientist Sageable Technologies, IBM India Private Limited, Manhattan Associates, Infosys and alumnus of Indian School of Business. Global comparables are Trax (2010, Tel Aviv, $148M) and Brickstream (2000, Norcross, $36.4M).

INDIA INTERESTING NEWS

Inntot Technologies (2014, Kochi), a technology driven company with prime focus on enabling cost effective next generation digital media receivers, raises $500K in Seed round of funding led by venture capital firm Unicorn India Ventures, reports Supraja Srinivasan. Link

Zoctr (2013, Mumbai), provide users to buy health-related services and home-based wellness packages online, raises undisclosed amount in pre-Series A round of funding led by NB Ventures Ltd. Link

Navia Life Care (2015, Delhi), mobile based patient engagement platform, raises $100K in bridge round of funding led by Benori Ventures. Link

Orbo (2017, Mumbai), provider of deep learning based solutions for image processing and face tracking, raises undisclosed amount in Seed round of funding led by Founders Factory. Link

GLOBAL ROUNDUP

OutSystems (2001, Lisbon), provider of low-code rapid application development, raises $360M in funding led by KKR and Goldman Sach. Link

BlueVine (2013, Redwood City), online invoice factoring company, raises $60M in Series E round of funding led by Menlo Ventures, with participation from new investors SVB Capital and major existing investors. Link

Verity Studios (2014, Zurich), offers drones for live entertainment and events industry, and provides services using the same, raises $18M in Series A round of funding led by Fontinalis Partners, with participation from Airbus Ventures, Sony Innovation Fund, and Kitty Hawk. Link

Marqeta (2010, Emeryville), O2O payments and commerce platform, raises $45M in funding led by Iconiq Capital, with participation from Goldman Sachs and existing investors. Link

StocardApp (2011, Mannheim), digital loyalty card app for iOS and android, raises $20M in Series B round of  funding led by Macquarie Group. Link

Hailo (2016, Tel Aviv), developer of hardware processors for deep learning algorithms, raises $12.5M in Series A round of funding led by Ourcrowd.com, Maniv Mobility, Next Gear, as well as angel investors Hailo Chairman Zohar Zisapel and Delek Motors CEO Gil Agmon. Link

Tracxn – Analyst Notes (India Practice) # 687

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A daily newsletter summarizing interesting Indian startups and recent activity both in India & globally.

INTERESTING STARTUPS

Wroops (2016, Delhi), digital media platform for social news, Co-Founder is Co-Founder of ViralUp Media and alumnus of Indira Gandhi National Open University. Local comparables are ScoopWhoop (2013, Delhi, $5.97M) and Youth Connect (2010, Ahmedabad, $1.4M). Global comparables are BuzzFeed (2008, NYC, $497M) and Vix (2005, Miami, $73.5M).

INDIA INTERESTING NEWS

Annapurna Microfinance (2005, Bhubaneswar), micro loan provider in Eastern India, raises $23.13M in funding from from Oman India Joint Investment Fund. Link

Meesho (2015, Bangalore), online mobile store builder for offline merchants, raises $11.5M in Series B round of funding led by Sequoia Capital and SAIF Partners. Link

Inntot (2014, Kochi), consumer electronics, media & entertainment solution providers, raises undisclosed amount in seed round of funding led by Unicorn India Ventures. Link

ShakeDeal (2015, Bangalore), online B2B marketplace for Industrial goods, has been acquired by Vora Ventures, Cincinnati -based privately held equity group that specializes in building innovative IT companies worldwide. Link

Future Group (1997, Mumbai), multi-format offline retailer, partners with Nucleus Vision (2014, Sunnyvale), IoT  based customer identification platform, to leverage cutting-edge technologies and develop deeper consumer insight. Link

GLOBAL ROUNDUP

Honest (2011, Santa Monica), internet-first brand of multi-category products, raises $200M in strategic minority investment from L Catterton. Link

Qumulo (2012, Seattle), provider of a file storage solution for the cloud era, raises $93M in Series D round of funding led by BlackRock Private Equity Partners, with participation from Goldman Sachs, Western Digital,  Highland Capital Partners, Kleiner Perkins Caufield & Byers, the Madrona Venture Group and Valhalla Partners. Link

Avi Networks (2012, Sunnyvale), application delivery controller for on-premise and cloud applications, raises $60M in Series D round of funding led by Cisco Investments along with DAG Ventures, Greylock Partners, Lightspeed Venture Partners, and Menlo Ventures. Link

OneLogin (2009, San Francisco), provider of identity and access management solutions, raises $22.5M in funding led by CRV. Link

StocardApp (2011, Mannheim), digital loyalty card app for iOS and android, raises $20M in funding led by Macquarie Capital, Shortcut, Alstin, Rocketship, HTGF and Englehorn. Link

VisIC Tech (2010, Rehovot), GaN devices provider for power conversion market, raises $10M in Series D round of funding led by a private investor. Link

Tracxn Analyst Notes (China Practice Weekly) # 138

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A weekly newsletter summarizing recent activity in the Chinese startup ecosystem.

DEALS OF THE WEEK

Crypto exchange Binance plans $1B fund for blockchain projects
Binance, a Shangai based decentralized crypto exchange provider, plans $1B fund for blockchain projects.

INTERESTING FUNDRAISING ACTIVITY IN CHINA

China’s SenseTime secures $620M in latest fundraising, gets valued at $4.5B
SenseTime (2014, Hong Kong), a deep learning based image recognition solutions provider, raises $620M in Series C round led by Alibaba Group Holding Ltd., Fidelity International, Silver Lake Partners, Tiger Global Management, Qualcomm Ventures and Hopu Capital.

Chinese Fintech Firm CGTZ.com Raises $358M Series D Round Led By Geo-Jade Petroleum
CGTZ.com (2013, Hangzhou), a fintech platform, raises $358M in Series D round led by Geo-Jade Petroleum.

Ant Financial Invests $321M In Hellobike At $1.47B Valuation, Creating A New Unicorn In China
Hellobike (2016, Shanghai), a bike sharing firm, raises $321M in Series E round led by Ant Financial.

Alibaba leads $300M Series D in shopping app Xiaohongshu
Xiaohongshu (2013, Shanghai), a social e-commerce shopping startup, raises $300M in Series D round led by Alibaba.

Chinese Blockchain Firm Hyperchain Raises $234M Series B Round
Hyperchain Technologies Co., Ltd (2016, Hangzhou), a blockchain firm, raises $234M in Series B round led by Xinhu Zhongbao Co., Ltd., China SDIC Gaoxin Industrial Investment Corp., Ltd, and others.

Green Harbor Leads $125M Series D Round In Used Car Auction Platform Chezhibao
Chezhibao (2012, Nanjing), a customer-to-business used car auction platform, raises $125M in Series D round led by Green Harbor Investment.

Sina, Mandra Capital Lead $103M Round In Chinese Fintech Firm Pintec
Pintec (2013, Beijing), a fintech platform, raises $103M in Series C round led by Sina Corporation, and Mandra Capital. STI Financial Group, Shunwei Capital Partners, ZHONG Capital Holding Group and others also participated in the round.

CITIC, Legend Capital Join $70M Series B Round In Chinese Enjoy Dental Clinic
Enjoy Dental Clinic (2007, Beijing), a health care provider, raises $70M in Series B round led by Legend Capital, and CITIC Securities.

Tiger Global Leads $70M Round In Chinese Long-term Apartment Leasing Firm Danke
Danke (2014, Beijing), a long-term apartment leasing firm, raises $70M in Series B+ round led by Tiger Global Management.

General Atlantic Leads $46.7M Series B+ Round In Chinese Convenience Store Operator Today
Today (Wuhan), a convenience store operator, raises $46.7M in Series B+ round led by General Atlantic.

Chinese cloud service provider BaishanCloud secures $37.4M in Series C+ round
BaishanCloud (2015, Guiyang), a cloud service provider, raises $37.4M in Series C+ round led by Guizhou Big Data Industry Fund, Galaxy Dingfa Investment, Shenzhen Dewei Capital, and Jinsheng Capital.

Hillhouse Capital Leads $35M Series B+ Round In Just Biotherapeutics China
Hangzhou Just Biotherapeutics (2016, Hangzhou), an antibody and recombinant protein bio-therapeutics provider, raises $30M in Series B+ round led by Hillhouse Capital, Temasek Holdings, Lilly Asia Ventures, ARCH Venture Partners, Taikang Asset, and BOCGI Zheshang Capital Co., Ltd.

CCB International Leads $15.6M Series B+ Round In Chinese AR Glasses Developer GLXSS
GLXSS (2014, Beijing), an AR glasses developer, raises $15.6M in Series B+ round led by CCB International.

Legend Capital, SIG Invest $12M In Blockchain Firm Goopal Group
Goopal Group (2003, Beijing), a blockchain company backed by Hong Kong-listed China Binary Sale Technology Ltd, raises $12M in Series A++ round led by Legend Capital and SIG.

Alibaba Invests In Parenting Portal And E-commerce Platform Babytree At Unicorn Value
Babytree Inc., (2007, Beijing), a pregnancy and parenting online portal and e-commerce platform, raises an undisclosed amount in Series G round led by Alibaba Group Holding Ltd.

INVESTMENTS BY CHINESE INVESTORS AND COMPANIES

Hong Kong-based blank check firm New Frontier files for $200m US IPO
New Frontier Corporation, a Hong Kong-based blank check company, files for $200M US IPO.

NetEase Acquires Minority Stake In American Video Game Studio Bungie For Reported $100M
NetEase, Inc., a China-based internet, and online gaming company acquired Bungie Inc., a video game developer, for $100M.

Tencent-backed online video startup Kuaishou buys rival AcFun
Kuaishou, a China-based online short video start-up, acquires AcFun, an animation and video platform, for an undisclosed amount.


Tracxn – Analyst Notes (India Practice) # 688

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A daily newsletter summarizing interesting Indian startups and recent activity both in India & globally.

INTERESTING STARTUPS

Morphle (2017, Bangalore), whole slide scanner based telepathology platform, Co-Founder is Ex-Julia Computing, DatabaseUSA, Tata Consultancy Services and alumnus of IIT Kharagpur. Global comparables are 3Scan (2011, SF, $20.7M) and  Spectral Imaging (1993, Yokneam Illit, $19M).

INDIA INTERESTING NEWS

Future Retail (1997, Mumbai), offline lifestyle retail stores, raises $252.8M in funding by selling 6% stake to PremjiInvest, the family office of Wipro chairman Azim Premji. Link

Paisa Bazaar (2009, Gurgaon), online loan comparison platform, launches credit advisory service to help consumers build credit score. Link

GLOBAL ROUNDUP

Bigo (2014, Singapore), messaging and calling app, raises $272M in Series D round of funding led by YY. Link

Gett (2010, Tel Aviv), an app for hailing a cab ride, raises $80M in funding led by VW. Link

Podium (2013, Provo), review collection and management platform, raises $60M in Series B round of funding led by Institutional Venture Partners with participation from Accel, Summit Partners, GV and Y Combinator. Link

Spotahome (2014, Madrid), online booking platform that enables travellers to secure accommodation, raises $40M in Series B round of funding led by Kleiner Perkins Caufield Byers. Link

Starship Technologies (2014, San Francisco), self-driving delivery robots designed to deliver goods locally within 30 minutes, raises $25M in funding in Seed round of funding led by Matrix Partners and Morpheus Ventures and from Nathan Blecharczyk, Jaan Tallinn, and Gary Barber. Link

Mode (2014, San Francisco), developer of autonomously controlled networks, raises $24M in Series B round of funding led by GV, with an additional grant from the National Science Foundation. Link  

 

Tracxn – Analyst Notes (India Practice) # 689

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A daily newsletter summarizing interesting Indian startups and recent activity both in India & globally.

INTERESTING STARTUPS

Vmedo (2016, Bangalore), mobile app to manage medical emergency situations, Founder is ex-sriin5net, Bharat Heavy Electricals and alumnus of Vivekananda Institute Of Technology. Local comparables are Stanplus (2016, Hyderabad, $1.1M) and ESahai (2016, Hyderabad, $500K). Global comparables are RapidSOS (2012, NYC, $39.3M) and Circulation (2016, Boston, $10.5M).

INDIA INTERESTING NEWS

Godrej Properties (1990, Mumbai), developer of real estate properties, raises $147.9M through issue of shares to Gamnat Pte Ltd to fund its growth plans. Link

Aye Finance (2013, Delhi), provider of business loans to the small and micro enterprises across India, raises $21.5M in Series C round of funding led by CapitalG, SAIF Partners  and LGT. Link

Biz2Credit (2007, New York City), multi solution credit source for small businesses, partners with Tally Solutions (1986, Bangalore), provider of business management software products, to enable easy access of finance to thousands of small and mid-sized companies in the country. Link

GLOBAL ROUNDUP

Strategic Funding (2006, New York City), provider of financing to small and medium-sized businesses, raises $105M in funding through issuance and sale of fixed-rate, asset-backed notes in a 144a private securitization. Link

JetClosing (2016, Seattle), provider of digital real estate title and settlement transaction solutions, raises $20M in Series A round of funding led by T. Rowe Price, with participation from PSL Ventures, Imagen Capital Partners and existing investors Trilogy Equity Partners and Maveron. Link

Caroobi (2015, Berlin), automotive service provider, raises $20M in Series B round of funding led by Nokia’s NGP Capital, with participation from Target Global, BMW iVentures, DN Capital and Cherry Ventures. Link

Homebase (2014, San Francisco), provider of software for local business owners to organize, schedule shifts, and track time for their hourly teams, raises $20M in Series B round of funding led by Bain Capital Ventures, with participation from existing investors Baseline Ventures, Cowboy Ventures and Khosla Ventures. Link

Rakuten (1997, Tokyo), online retail marketplace, acquires Curbside (1997, Beverly), hospitality service provider for hotel, retail and healthcare industries, for an undisclosed amount. Link

 

Tracxn – Analyst Notes (India Practice) # 690

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A daily newsletter summarizing interesting Indian startups and recent activity both in India & globally.

INTERESTING STARTUPS

La Mior (2017, Surat), Internet first brand of natural skin care and colour cosmetics, Founder is ex- Star TV Network, Computer Sciences Corporation. Local comparables are Arata (2017, Delhi) and Skin Elements (2016, Parwanoo). Global comparables are Juice Beauty (2005, San Rafael, $27.1M) and Milk & Co (2008, Melbourne, $2M).

INDIA INTERESTING NEWS

CredAble (2017, Mumbai), Supply chain financing platform, raises $14.8M in Series A round of funding from Alpha Capital. Link

MobiKwik (2009, Gurgaon), Mobile wallet, recharge and bill payments app, marketing and growth head Damandeep Singh Soni quit the digital payments firm in another top-level exit. Link

Stellaps Technologies (2011, Bangalore), Farm optimization and monitoring support solution provider, raises an undisclosed amount in Series B round of funding from ABB Technology Ventures. Link

Unicorn India Ventures, Mumbai based venture capital & private equity firm and Ascension Ventures, Missouri based venture capital & private equity firm, launch cross border fund. Link

GLOBAL ROUNDUP

Cohesity (2013, Santa Clara), Provider of secondary storage platform for enterprises, raises $250M in Series D round of funding led by the SoftBank Vision Fund with participation from Cisco Investments, Hewlett Packard Enterprise, Morgan Stanley Expansion Capital, Sequoia Capital and others. Link

FairWarning (2005, Clearwater), Data protection and privacy breach detection solutions for healthcare customers, raises $60M in growth equity investment from Mainsail Partners. Link

Kin Insurance (2016, Chicago), Tech-enabled platform for availing home insurance, raises $13M in funding led by August Capital. Link

PolyCera Membranes (2017, LA), Developer of membrane technology for industrial wastewater treatment and process separation, raises $9M in Series A round of funding led by Kairos Ventures with participation from Bluestem Capital and the Wolfen Group. Link

Cloud Apps Capital Partners, a SF based venture capital firm, raises $87M in second venture capital fund. Link

Govtech Fund, a venture capital & private equity firm, raises $25M in second venture capital fund. Link

The Soonicorn Club of Australia: The Top 24 Tech Companies To Watch Out For

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Australia, one of the major economies in the developed nations, has rapidly risen from being a traditional economy to a service economy to being a base for a huge number of new age technology startups. In terms of numbers, Australia is the 14th largest economy in the world by absolute GDP and the 7th wealthiest nation on a per capita basis.

With over 8000+ active tech startups Australia boasts of a large number of well funded startups with significant valuations. With examples such as Atlassian (a successful IPO in NASDAQ) and Aconex (USD 1.2B acquisition by Oracle), Australia is firmly entrenched in the startup circuit of the world.

We, at Tracxn, closely track all the latest happenings in the world of startups along with venture capital and private equity funds, investment banks and a plethora of related insitutitions in the industry. Here we have collated, for you, the ‘Soonicorn Club of Australia’ – an exclusive list of the largest Australian startups which have reached significant valuation milestones in the previous year.

The Unicorns

Unicorns are the billion dollar companies which have reflected a valuation of over a billion dollars in their latest funding rounds and represent the crème de la crème of the Australian startup sector.

Snowflake
Snowflake

Data warehouse for cloud and analytics

Total Funding

USD 923M

Snowflake offers data warehouse for cloud and analytics. The company offers a relational ANSI SQL data warehouse which allows users to update, delete, run analytical functions, transactions, and complex joins. Its product processes queries at a faster rate using columnar database engine based on advanced optimization. It is used for accelerating analytics, modern data sharing, security, compliance, and anti-fraud solutions. Offers a fully-managed service with a pay-as-you-go model. The company serves the finance, healthcare, media & entertainment, retail, gaming, and education industries. Clientele includes Adobe, Akamai, EA, Logitech, OverStock and Sony Pictures. Partners include Tableau, Microsoft, Databricks, Informatica, and AWS.

Founded

2012

Headquarters

San Mateo (United States), Sydney (Australia)

Investors

Sequoia Capital, Meritech Capital Partners, Capital One Growth Ventures and 6 Other Investors

Canva
Canva

Online photo editing and graphics creation tool for professionals

Total Funding

USD 83M

Canva is an online photo editing and graphics creation tool that allows professionals to create graphics for presentations, invitations, posters, flyers, and business cards among others. Features include pre-designed templates and graphics, a stock library of photographs, illustrations, and imagery, text addition, photo enhancer, blur, vignette, grids, icon, frames, stickers, badges, texture, and others.

Founded

2012

Headquarters

Sydney (Australia)

Investors

Sequoia Capital, Blackbird Ventures, Felicis Ventures and 16 Other Investors

The Soonicorns: Companies You Need to Watch Out For

The booming startup sector in Australia has given rise to a plethora of startups of which only a handful have grown to attract valuations of over a few hundred millions. Watch out for these companies in the coming years as they have embarked on their way to become the elite unicorns. These companies are few of the largest ones and are rightfully termed as the ‘Soonicorns’ or soon to be unicorns.

CDC
CDC

Provider of green data center colocation services

Total Funding

USD 321M

Canberra Data Centres is a provider of green data center colocation services. The company also provides pre-deployment design optimization, deployment, implementation, migration, security, and client operations management. The data center facility is n+1 redundant in power, cooling, and connectivity. The facility offers 1U rack, private cages, private rooms, dedicated servers, and custom servers. It also provides tools for data center monitoring and management. The company owns and operates three facilities in Canberra, Australia.

Founded

2007

Headquarters

Canberra (Australia)

Investors

Infratil, Quadrant Private Equity

Campaign Monitor
Campaign Monitor

Email marketing platform provider

Total Funding

USD 251M

Campaign Monitor provides an email marketing platform with customizable templates, A/B testing, dynamic content, social sharing, and mobile-ready capabilities. It can be integrated with Shopify, Salesforce, Facebook, Magento, Woo Commerce, and others. The platform is available on a subscription-based pricing model. Customers include Flight Centre, The Drake Hotel, Morning Brew, Rip Curl, Glam Corner, and others.

Founded

2004

Headquarters

San Francisco (United States), Nashville (United States), Sydney (Australia)

Investors

Insight Venture Partners, Accel Partners

Deputy
Deputy

Contingent workforce management solution for SMBs

Total Funding

USD 106M

Deputy is a social business and productivity platform that enables any organization to manage work schedules, employee tasks, communications, and time sheets. It offers payroll integration with leading applications like Quickbooks, Zenpayroll, and Xero. Provides a mobile application for both Android and iOS users. The platform is available on a subscription-based pricing model. It caters to companies across a variety of sectors like retail, hospitality, food service, construction, education and much more. Clients include Amazon, Nike, Qantas, Hubspot, and NASA.

Founded

2008

Headquarters

Sydney (Australia)

Investors

OpenView, IVP, Square Peg Capital and 1 Other Investors

Tyro
Tyro

EFTPOS system provider

Total Funding

USD 103M

Tyro Payments offers an EFTPOS system for processing credit, debit, gift, loyalty, and medicare cards. Provides Tap & Go services with 3G backup and dual live data centers. Offers EFTPOS OnTop for countertop transactions and EFTPOS OnTheGo for wireless mobile payments. Allows merchants to earn up to 1.75%P.A. interest.

Founded

2003

Headquarters

Sydney (Australia)

Investors

Tiger Global Management, TDM Asset Management, Mike Cannon Brookes

Airwallex
Airwallex

Cross-border payment platform for businesses

Total Funding

USD 102M

Airwallex offers a cross-border payment platform for sellers to collect international payments from their customers in the latter’s local currency. The amount is deposited into the merchant’s account in his/her own currency after the exchange at the mid-market rate. Provides live FX rates and a single platform for currency exchange and payout. Offers API that can be integrated into the existing infrastructure to power foreign exchange, payments, and collection.

Founded

2015

Headquarters

Hong Kong (China), Melbourne (Australia)

Investors

Tencent, Sequoia Capital, Hillhouse Capital Group and 7 Other Investors

Catch
Catch

Online marketplace for multi-category consumer products

Total Funding

USD 85M

Catch is an online marketplace for multi-category consumer products. Product catalog includes fashion apparels & accessories, beauty & health, consumer electronics & appliances and more. The company also retails multi-category consumer products. It offers brands like Nike, Adidas, Sony, L’Oreal and more. It is a part of the Catch Group, which owns & operates e-commerce websites like Catch, Scoopon, Mumgo and Grocery Run.

Founded

2007

Headquarters

Melbourne (Australia)

Investors

Tiger Global Management

SafetyCulture
SafetyCulture

Mobile audit solution for workplace safety management

Total Funding

USD 77M

SafetyCulture provides mobile-first audit solution for enterprises to manage workplace safety and maintain compliance requirements. The product iAuditor offers customizable inspection checklists, reporting, and insights and automate workflows for better team collaboration. It caters to multiple industries including construction, retail, hospitality, leisure, aviation, manufacturing, F&B, transport & logistics, and mining industries. The pricing is based on a subscription model. Winner for best Data Access and Collection and best IT or Business Tool at the Tabby Awards 2014. Clientele includes Shell, Marriott, British Airways, London City Airport, Accor Hotels, BHP Billiton and others.

Founded

2004

Headquarters

Sydney (Australia)

Investors

Blackbird Ventures, Index Ventures, Morpheus Ventures and 3 Other Investors

Culture Amp
Culture Amp

SaaS-based employee surveying platform

Total Funding

USD 76M

Culture Amp is the developer of a SaaS application of employee surveys, including engagement, recruitment and onboarding surveys. Users can create 180-degree and 360-degree surveys to capture employees feedback. Once a survey is prepared, employees are sent a link and asked to answer approximately 40 or 50 questions. Survey questions typically take the form of a five-point agreement scale, of which employees are asked to determine how strongly they agree with a statement about their current employer or workplace conditions. Offers subscription-based pricing model based on the number of users. Its customers include Airbnb, Pandora, Adobe, Pinterest, and Warby Parker, among others.

Founded

2010

Headquarters

Melbourne (Australia)

Investors

Grok Ventures, Blackbird Ventures, Felicis Ventures and 2 Other Investors

THE ICONIC
THE ICONIC

Online retailer of apparels and accessories for men, women and kids

Total Funding

USD 72M

The Iconic is an online retailer of apparels and accessories for men, women, and kids. Product catalogue includes shirts, trousers, dresses, footwear, innerwear, accessories and more. The company offers brands like Armani, Tommy Hilfiger, Nike, Adidas and more. It also provides a mobile app which is available for Android and iOS.

Founded

2011

Headquarters

Sydney (Australia)

Investors

Summit Partners, Kinnevik, Verlinvest and 3 Other Investors

Spaceship
Spaceship

Super Fund focusing on technological companies

Total Funding

USD 71M

Spaceship is a Super Fund with a focus on technological companies. It offers a thematic investment platform which enables users to invest savings in the portfolios of technology companies. Offers Global Index and Growth X funds comprising of Australian and International shares. It charges administrative fees based on the investment amount.

Founded

2016

Headquarters

Sydney (Australia)

Investors

Amplo, Mike Cannon-Brookes, New Enterprise Associates and 5 Other Investors

Invoice2go
Invoice2go

App-based invoice management solution

Total Funding

USD 60M

Invoice2go provides app-based invoice management solution to small businesses. Features include invoice creation and roll-out, invoice tracking, expense tracking, recurring invoicing, reporting, etc. It enables the user to accept online payments via debit or credit cards. Offers multiple subscription plans depending on the number of invoices and users.

Founded

2002

Headquarters

Palo Alto (United States), Sydney (Australia)

Investors

OCV Partners, Ribbit Capital, Accel Partners and 1 Other Investors

SocietyOne
SocietyOne

Online personal P2P unsecured loans

Total Funding

USD 55M

SocietyOne is an Australian P2P lending platform. It enables individuals to borrow money from individual investors without the intermediation of a bank or financial institution. Qualified borrowers can request up to $35,000 in unsecured personal loans at rates determined by their credit history. Approved applications are listed on the platform for verified investors to assess and bid on. Once terms are agreed and accepted by the parties, SocietyOne handles the funds management and servicing of every loan on behalf of the matched borrowers and investors.

Founded

2011

Headquarters

Sydney (Australia)

Investors

News Corp Australia, Reinventure Group, Global Founders Capital and 6 Other Investors

Airtasker
Airtasker

Online platform to hire local service professionals

Total Funding

USD 51M

Airtasker is an online lead generation marketplace that connects people with local services professionals. Users need to post requests that include the type of service, requirements and expected budget over the platform. Service providers send quotes from which customers can choose to award the task based on the applicant’s profile, task history, and ratings. Services mentioned over the platforms include home repair, cleaning, home improvements, tutoring, courier delivery, handyman among others. The mobile app is available for download from the Play Store and App Store.

Founded

2012

Headquarters

Sydney (Australia)

Investors

Seven West Media, Exto Partners, Black Sheep Capital and 8 Other Investors

Lendi
Lendi

Lead generation platform for home loans

Total Funding

USD 38M

Lendi is a lead generation platform for home loans. The platform allows customers to find and compare home loan products. Users can submit a home loan application, upload & verify documents, get approved and settle the loan via the platform.

Founded

2013

Headquarters

Sydney (Australia)

Investors

ANZ, Matthew Tripp, Macquarie Group and 1 Other Investors

SiteMinder
SiteMinder

Cloud-based software suite for hotels

Total Funding

USD 35M

SiteMinder provides a suite of cloud-based software solutions to independent hotels and hotel chains. Product offerings include a channel manager (helps users manage their inventory/monitor rates across various distribution channels), a booking engine (enables hoteliers to take bookings directly on their website), a hotel website builder, a BI & analytics solution, and a Global Distribution System (GDS enables transactions between hotel & OTAs). The solutions can be integrated with PMS and other third-party systems via APIs. Clients include Choice Hotels, Best Western, Hyatt, Minor Hotels, and Sercotel Hotels among others.

Founded

2006

Headquarters

Sydney (Australia)

Investors

TCV, Bailador, Les Szekely and 3 Other Investors

HealthEngine
HealthEngine

Online doctor appointment booking platform for patients and providers

Total Funding

USD 32M

HealthEngine is an online platform for appointment booking. The patients or users can search for the general practitioner, dentist, physiotherapist, chiropractor, and other healthcare specialists based on the location, specialty, details, and reviews. The user can select the doctor and book an appointment with the specialist at the preferred time and date via the platform. The platform enables the user to create a profile, get listed on the platform and engage with patients. It helps doctors to manage the appointments and track feedbacks.

Founded

2006

Headquarters

Perth (Australia)

Investors

Sequoia Capital, Alium Capital Management, Go Capital and 5 Other Investors

Sendle
Sendle

Courier aggregator providing door to door delivery service

Total Funding

USD 32M

Sendle is an offset delivery service provider, offering door-to-door parcel pickup and delivery services to cities in Australia. It has a flat rate pricing plan. Services can be booked and tracked online. Payment for the services can be made by the sender or the receiver. It provides a timeframe for delivery and also allows users to ship items to a email address and confirm location later. Sendle uses a network of delivery providers based around Australia to pick up and deliver packages, utilising courier services and making use of idle resources.

Founded

2014

Headquarters

Sydney (Australia)

Investors

Federation Capital, Giant Leap Fund, Rampersand and 4 Other Investors

Data Republic
Data Republic

Secure data exchange platform

Total Funding

USD 27M

Data Republic is a marketplace that connects data-rich organizations with insight-seeking analysts on a privacy compliant exchange platform. Only anonymous and de-identified data can be uploaded or exchanged on its platform. In addition to the data marketplace, the company offers Exchange as a Service-facilitation of a two-way exchange of data; and Data Analytics as a Service- a secure data analytics infrastructure for companies which can leverage leading technology and industry experts to solve business problems.

Founded

2016

Headquarters

Sydney (Australia)

Investors

Singtel Innov8, Singapore Airlines, ANZ and 6 Other Investors

Whispir
Whispir

Conversation platform for businesses

Total Funding

USD 26M

Whispir offers a SaaS-based platform to businesses for managing their conversations with features like content creation using text, images, location, audio, live streams, video, documents, provide engagement experiences and also weave conversations across several channels. Provides real-time collaboration features where users can collaborate and communicate with team and customers in real time, including automated teleconferences. Also allows users to analyze data and generate insights.

Founded

2002

Headquarters

Melbourne (Australia)

Investors

MDI Ventures, Telstra Global, NSI Ventures and 5 Other Investors

Cyara
Cyara

Omnichannel customer experience testing platform

Total Funding

USD 25M

Cyara provides omnichannel customer experience testing and monitoring platform. Provides a platform which allows users to design and test the customer experience across multiple customer interaction media channels, and across the entire technical architecture. Solutions include IVR and speech performance, contact center, voice biometrics, web interactions testing, and monitoring. It also provides active monitoring of the customer’s environment from self-service applications to the agent desktop. Clients include Google, AT&T, Vodafone, Godaddy, and American Express.

Founded

2006

Headquarters

Redwood City (United States), Melbourne (Australia)

Investors

PeakSpan Capital, Greenspring Associates, Cordish Dixon Private Equity Partners

Smart Sparrow
Smart Sparrow

Online learning management system for universities

Total Funding

USD 24M

Smart Sparrow is an online adaptive learning management platform which allows teachers and developers to create, manage and analyze content. Provides pathways for students to direct them towards materials so that they can have a clear understanding. Offers feedback to clear misconception. Can be integrated with any modern LMS. Performs analytics to provide real-time analysis on student data. Teachers can share content with colleagues worldwide to enhance collaboration on learning methods. Works on a premium model which can be purchased by an institution or a single teacher. It has a partnership with OpenLearning.

Founded

2011

Headquarters

San Francisco (United States), Sydney (Australia)

Investors

ACT, Moelis & Company, One Ventures and 3 Other Investors

OZSALE
OZSALE

Members-only online shopping platform for apparels & accessories

Total Funding

USD 15M

OZSALE is a members-only online shopping platform for apparels & accessories. Product catalogue includes shirts, trousers, tops, bottoms, dresses, footwear, jewellery, bags, sunglasses and more. The company also offers products across categories like beauty & health, sports, household items, and more. It offers brands like Converse, Lacoste, Tommy Hilfiger, Guess and more. The company offers daily flash sales to registered members only. Ozsale is part of the APAC Sale Group.

Founded

2006

Headquarters

Sydney (Australia)

Investors

Philip Green, Insight Venture Partners

That’s all folks!! To know more, visit tracxn.com

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The Soonicorn Club of Singapore: The Top 24 Tech Companies To Watch Out For

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Singapore is one of the key financial hubs with a strong free-market economy and a vibrant startup ecosystem with 10,000+ active startups spanning over 200 sectors. A set of favourable government policies, a pro-business regime (ranked 2nd in the Ease of Doing Business List, 2019) and a strategic geographic location has helped Singapore to develop a strong financial market and has made it an attractive destination for both the startups and investors from all over the world.

We, at Tracxn, closely monitor the latest activities in the startups across the world along with the other institutions in the ecosystem such as the venture capital funds, private equity funds and investment banks amongst others.

Here we have collated for you the ‘Soonicorn Club of Singapore’ – an exclusive list of the most exciting Singaporean startups that have reached significant valuation milestones over the previous few years.

The Unicorns

Unicorns, with their valuations exceeding the billion dollar mark, and even multi-billion mark in a few cases, represent the crème de la crème of the Singaporean startup sector.

Grab
Grab

Technology company focused on on-demand transportation services

Disclosed Funding

USD 7.50B

Grab (formerly known as Grab Taxi) is a technology company focused on providing on-demand transportation services in the SEA market, via its mobile apps. Uses cloud-based technology for automated location-based booking & dispatch to connect passengers with drivers in real-time. The company started off as a pure play taxi booking service provider and forayed to other markets offering motorbike taxis, carpooling, coach booking, shared transport, shared bicycles, intercity transport, hyperlocal delivery, car rentals, and payment solutions among others. Its mobile apps are available for Android & iOS devices. In March 2018, the company acquired Uber’s operations in SEA.

Founded

2012

Location

Singapore

Investors

SoftBank Investment Advisers, Microsoft, Toyota Motor and 41 Other Investors

The Soonicorns: Companies You Need to Watch Out For

The Soonicorns – soon to be Unicorns – are the handful of highly valued startups which have successfully grown out of their nascency to attract valuations of over a few hundred millions. Watch out for these companies in the coming years as they take the journey to becoming the elite Unicorns.

PropertyGuru
PropertyGuru

Online platform to find real estate properties

Disclosed Funding

USD 315M

PropertyGuru Group is an online platform to find real estate properties. The portal has listings from Singapore, Malaysia, Indonesia, Thailand, among other locations. It enables users to specify a location to find a list of relevant registered properties and avail information such as transaction details, neighborhood insights, market reports, and more. The platform provides information on various mortgage packages. Property developers and real estate agents can use the solution called eProperty Track to connect with each other, market their properties, manage sales, generate leads, connect with real estate agents locally/internationally, measure marketing ROI, and more. It also offers a mobile app for iOS and Android phones.

Founded

2007

Location

Singapore

Investors

KKR, Square Peg Capital, Emtek and 2 Other Investors

Zilingo
Zilingo

Online marketplace for fashion products

Disclosed Funding

USD 308M

Zilingo is an online marketplace for multi-category fashion products. The product catalog includes clothing, jewelry, innerwear, beauty products and more. It also stores home improvement items like kitchenware & home textiles. Top brands include Levi Strauss & Co., Mamonde, Prada, New Balance, and Bioderma. The company has an app-based platform for iOS & Android users.

Founded

2015

Location

Singapore

Investors

Sequoia Capital, Temasek, Burda Principal Investments and 17 Other Investors

Zalora
Zalora

Online retailer of fashion products

Disclosed Funding

USD 238M

Zalora is an online retailer of multi-category fashion products for both men and women. Its catalogue includes apparel, shoes, watches, jewellery, etc. The company also sells curated beauty products. Some of the top brands include Adidas, Tony Bianco, Nike, and more. Its app is also available for iOS and Android platforms.

Founded

2012

Location

Singapore

Investors

Rocket Internet, Access Industries, Scopia Capital Management and 6 Other Investors

Carousell
Carousell

Online listing platform for multi-category pre-owned products

Disclosed Funding

USD 127M

Carousell is an online listing platform for multi-category pre-owned products. The company provides a platform for the users to upload a picture along with a brief description of the product to create a listing. Buyers can browse the catalog based on their preferences of location, price and other factors. A few of the products listed are clothes, gadgets, fashion accessories, and more.

Founded

2012

Location

Singapore

Investors

EDBI, 500 Startups, Golden Gate Ventures and 8 Other Investors

Ninja Van
Ninja Van

Tech-enabled last-mile logistics for the e-commerce industry

Disclosed Funding

USD 120M

Ninja Van provides e-commerce logistics services to enterprises companies in SEA countries. Core offering includes last-mile delivery, drop-off services, and collect services. It is involved in providing logistics needs of customers by offering them options of tracking their parcels, receiving real-time updates and gaining access to alternative pickup points. Utilizes proprietary technology to automate, optimize, and streamline the operations.

Founded

2014

Location

Singapore

Investors

DPD, ACE Capital, The Abraaj Group and 4 Other Investors

Carro
Carro

Online commission-based marketplace for pre-owned cars

Disclosed Funding

USD 108M

Carro is an online commission-based marketplace for pre-owned cars. The company analyses the car’s value via various algorithms and tools like paint meter & onboard diagnostics meter to rate a car. The cars listed on the platform come with a warranty of one year.

Founded

2015

Location

Singapore

Investors

SoftBank Group, Insignia Ventures Partners, B Capital Group and 14 Other Investors

M-DAQ
M-DAQ

Digital currency conversion platform for traders and investors

Disclosed Funding

USD 105M

mDAQ provides a digital currency conversion platform for investors. It facilitates cross border investment in exchange-traded products. It features the forex rate for futures, equities, and other foreign securities. It benefits the exchanges by cross border trading; brokers by increased demands from foreign investors; and investors by inbound and outbound trades. Also offers products for e-commerce and businesses to facilitate payments.

Founded

2010

Location

Singapore

Investors

EDBI, Alipay, Murano Corp and 4 Other Investors

PatSnap
PatSnap

Provides a search platform and intelligence for patents

Disclosed Funding

USD 100M

PatSnap provides the users with a search platform which gives them the knowledge about existing patents. Its product includes IP Intelligence which allows users to collect answers to legal questions and extracts actionable information and trends from IP data. Other product offerings include market and competitors data discovery solutions, data visualization, reports and manages datasets which enable users to add patent and legal data. Clients include NUS, Perceptron and Wilbur-Ellis. It offers solutions to SMB’s and Enterprises. It offers a subscription-based pricing model.

Founded

2007

Location

Singapore

Investors

Sequoia Capital, Shunwei Capital, Qualgro GP and 3 Other Investors

Singapore Life
Singapore Life

Internet first life insurance provider

Disclosed Funding

USD 97M

Singapore Life offers internet first life insurance products to retail customers. Its product offerings include universal life insurance, term insurance, endowment assurance, and investment-linked plans. It also provides claiming platform for term illness, critical illness, death, and disability insurance.

Founded

2014

Location

Singapore

Investors

Standard Life Aberdeen, Aflac, Credit China Holdings and 1 Other Investors

HOOQ
HOOQ

Online subscription-based platform providing OTT video services

Disclosed Funding

USD 95M

Hooq is an online subscription-based platform providing OTT video services. The platform allows users to stream and download movies and TV series as per their preferences. Available for smartphones, laptop, and tablet. Provides OTT video contents across various categories such as comedy, drama, action, horror, kids, family, and more. The mobile app is available for Android and iOS devices. Generates revenue through subscriptions and in-app purchases.

Founded

2015

Location

Singapore

Investors

Singtel, Sony Pictures, Warner Bros and 1 Other Investors

GSC
GSC

Smart sports arena management and related services provider

Disclosed Funding

USD 80M

Global Sports Commerce provides sports technology solutions for smart arena management. The company provides solutions for fan engagement, wireless internet connectivity in arenas, LED video screens, electronic scoreboards, scoring management software among others. Also provides social media monitoring, and brand exposure measurement solutions. Furthermore, it developed an online marketplace providing solutions for the sports stakeholder ecosystem (advertise, bid, negotiate, transact and activate). The company has partnered with clubs/leagues such as the English Premier League, Irish Rugby Football Union, New Zealand Cricket, Singapore GP, Common Wealth Games Delhi, etc. It has also partnered with sports companies such as IMG, Sports Revolution, etc.

Founded

2015

Location

Singapore

Investors

Emerald Media, BlackRock

Deskera
Deskera

Cloud based ERP, CRM, and HRMS solutions for mid market enterprises

Disclosed Funding

USD 80M

Deskera provides cloud-based ERP, CRM, and HRMS solutions for mid-market enterprises. Its product offerings include ERP, MRP, CRM, HRMS, PM, and Deskera eLeave. It integrates sales, inventory, purchasing, finance, and manufacturing. Also features invoicing, quotes, and financial reports. Generates real-time reports for informed decision making. Has a unique ‘Quick Search’ feature that allows faster searching. Also provides HRMS which offers payroll management, paperless performance appraisal, recruitment management, and timesheets.

Founded

2008

Location

Singapore, San Francisco (United States), Pune (India)

Investors

Jungle Ventures, Cisco Investments, Tembusu Partners and 5 Other Investors

InstaReM
InstaReM

Online remittance platform

Disclosed Funding

USD 79M

InstaReM is an online remittance platform for individuals and businesses. Users register on the platform, add recipients and set up the money transfer. They can view the transaction history, update the payee list and payment methods. Accepts payments via bank transfer and PoLi (only in Australia). Also offers multi-currency accounts for businesses to pay their overseas staff, freelancers and suppliers. The app is available for iOS and Android platforms.

Founded

2014

Location

Singapore

Investors

Vertex Growth, Atinum Investment, MDI Ventures and 7 Other Investors

Wego
Wego

Online travel search engine

Disclosed Funding

USD 67M

Wego.com is a leading travel search engine across the Asia-Pacific and Middle East regions. Enables users to discover & compare flight tickets and hotel prices from multiple online travel agencies & travel websites by providing travel details. The platform then redirects users to the corresponding service providers’ website to complete bookings.

Founded

2005

Location

Singapore

Investors

Middle East Venture Partners, MBC Group, Crescent Group and 5 Other Investors

Paktor
Paktor

Mobile dating app based on mutual likes

Disclosed Funding

USD 58M

Paktor is a mobile dating application based on mutual likes. Offers a Tinder-like interface where users can swipe left/right to like/pass registered member’s profile. Chatting can be initiated on both user’s approval. Users can also take part in group chats.

Founded

2013

Location

Singapore

Investors

K2 Global, Media Nusantara Citra, Vertex Ventures and 5 Other Investors

Rotimatic
Rotimatic

Developer of a robotic flat bread maker for household purposes

Disclosed Funding

USD 43M

Rotimatic, an offering of Zimplistic, is an automatic flatbread-making robot for household applications. The robot comes with built-in artificial intelligence, leans on 15 different sensors to produce the flatbread, features 32-bit microprocessor and 10 motors for churning out a roti in roughly one minute. Users load the machine with the required ingredients, select the number of bread they wish to make, for it to prepare up to 20 loaves of bread in one go. It claims that the robot mirrors human judgment to adjust the proportion of flour and water in real-time so that every dough ball is consistently kneaded, evenly thin and round. The company was the winner of the Start-Up@Singapore 2009.

Founded

2008

Location

Singapore

Investors

Credence Partners, EDBI, NSI Ventures and 5 Other Investors

Visenze
Visenze

AI-based visual search and recognition tools for e-tailers

Disclosed Funding

USD 35M

ViSenze provides AI-based visual search and recognition tools for e-tailers. It technology solution uses deep learning & computer vision techniques to conduct image extraction and recognition, adaptive machine learning and dynamic contextual analysis. It enables shoppers to search & discover products easily on online platforms. It also recommends products based on shoppers product purchase behaviour and insights. ViSenze helps businesses in eCommerce, mCommerce, online display advertising, database management and more. Clients include Flipkart, Essilor and more.

Founded

2012

Location

San Francisco (United States), Singapore

Investors

Gobi Partners, Sonae IM, 31VENTURES and 12 Other Investors

Funding Societies
Funding Societies

Online P2B lending platform for SMEs

Disclosed Funding

USD 33M

Funding Societies is an online P2B lending platform for SMEs. Enables SMEs to borrow loans from retail and institutional investors. Investors receive returns in the form of interest by providing financing to local SMEs. The minimum investment amount is SGD20. Investment period lies between 1-24 months.

Founded

2015

Location

Singapore

Investors

SoftBank Ventures Korea, Sequoia Capital, Golden Gate Ventures and 4 Other Investors

Smartkarma
Smartkarma

Platform for investment research network and insights

Disclosed Funding

USD 21M

Smartkarma provides a cloud-based research platform for investors. It connects independent investment research analysts to institutional asset managers. Features real-time discussions with the research providers, search engine and filtering, real-time insights, analytics, and data tools, reporting etc. Available for a monthly subscription plan depending on the number of users. It offers Smartkarma app for asset managers and insight providers featuring insights, algorithm-based filters, and networking platform.

Founded

2014

Location

Singapore

Investors

Sequoia Capital, Wavemaker Partners, Jungle Ventures

Validus Capital
Validus Capital

Online business loans for SMEs

Disclosed Funding

USD 19M

Validus Capital is an online business loans platform for SMEs to secure short term and medium term financing. It is a P2B lending marketplace for individuals and institutional lenders. The company provides funds to SMEs for purchase order financing, invoice financing and working capital.

Founded

2015

Location

Singapore

Investors

FMO, Openspace Ventures, Vertex Ventures and 3 Other Investors

DocDoc
DocDoc

Online AI enabled platform for booking doctor appointment

Disclosed Funding

USD 19M

DocDoc is an online platform that uses AI to connect the user to a doctor. The platform uses HOPE, an artificial intelligence (AI) powered doctor discovery engine to find doctors based on the user’s medical needs. The platform lists information about clinics and doctors, along with the location, clinical interests, sub-specialties, procedures available, healthcare quality and so on to enable users to compare and book appointments. The company connects the user to a concierge specialist to provide health care services. Some of the partners are Prudential, Singapore tourism board, and Kreasiteckno.com.

Founded

2012

Location

Singapore

Investors

KCP Capital Limited, Jungle Ventures and 3 Other Investors

6Estates
6Estates

Digital intelligence and analytics platform

Disclosed Funding

Undisclosed

6Estates is a Singapore-based digital intelligence and analytics platform. Product offerings include MIKA, AMI, and Trofi. MIKA allows users to track & monitor trends & changes in the food industry; AMI allows users to collect conversations, reviews, blogs, and posts from multiple media channels to measure consumer preferences & forecast future sales by developing predictive & prescriptive models; Trofi uses Artificial Intelligence technology to analyze current trends and predict future food trends in Singapore. Offers subscription-based pricing model. Clients include Nestle, P&G, Samsung, and Skyscanner.

Founded

2014

Location

Singapore

Investors

GDP Venture, Central Capital Ventura, Enterprise Singapore

LenddoEFL
LenddoEFL

Alternative data credit scoring solution

Disclosed Funding

Undisclosed

LenddoEFL offers alternative data credit scoring solution & identity verification solution. The solutions use artificial intelligence, machine learning and advanced analytics to bring together the sources of digital & behavioural data such as social networks data, mobile data, email data, credit bureau data, transaction data, psychometric data, telecom data and behavioural analytics. It helps banks and financial institutions to make data-driven decisions.

Founded

2010

Location

Singapore

Investors

That’s all folks!! To know more, visit tracxn.com

Copyright @ 2019, Tracxn Technologies Private Limited. All rights reserved.

The Soonicorn Club of France: The Top Tech Companies To Watch Out For

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France is the country that gave us the word “entrepreneur” and it is no wonder that the country hosts a vibrant startup ecosystem. It is the sixth largest and the third largest economy in the world and Europe respectively, and it is focussing on strengthening the startup ecosystem via friendlier policies and special initiatives such as La French Tech. As of today there are over 7.5K active technology startups in France of which over 415 have received funding in the year 2018.

We, at Tracxn, closely monitor the latest activities in the startups across the world and other associated ecosystem entities such as the venture capital funds, private equity funds and investment banks amongst others.

Here we have collated for you the ‘Soonicorn Club of France’ – an exclusive list of the most exciting French startups that have reached significant valuation milestones over the previous few years.

The Unicorns

Unicorns, with their valuations exceeding the billion dollar mark, and even multi-billion mark in a few cases, represent the crème de la crème of the French startup sector.

BlaBlaCar
BlaBlaCar

Online platform for intercity carpooling

Disclosed Funding

USD 451M

BlaBlaCar is a car sharing website that connects drivers with empty seats and paying passengers to offset long-distance travel costs. The site provides a range of features to create a trust-based community and connections between drivers & passengers. Through the portal, users can search for a ride between locations and check trending rides along with the pricing information. After booking a ride share, users are informed about the meeting points on an interactive map. It also has an automatic price calculator that suggests a price per passenger, which can further be tweaked by the user. The company acquired Ouibus, SNCF’s bus division to venture into intercity bus transportation services.

Founded

2006

Location

Paris (France)

Investors

SNCF, Baring Vostok, Insight Venture Partners and 13 Other Investors

Deezer
Deezer

On-demand music and online radio streaming platform

Disclosed Funding

USD 445M

Deezer is an online music and radio streaming platform that allows users to listen to content from various record labels such as Sony, Universal Music Group, Warner Music Group, etc on various devices. It enables users to access streamed music from a catalog of various tracks, news & entertainment talk shows, and podcasts. Users can also access on-demand audios, create customized playlists, personalized radio channels, off-line listening, and personalized recommendations. Available for Web, Android, iOS, Windows, BlackBerry, and macOS.

Founded

2007

Location

Paris (France)

Investors

Kingdom Holding Company, Rotana, LBO France and 5 Other Investors

Doctolib
Doctolib

Online platform for booking doctor appointment

Disclosed Funding

USD 266M

Doctolib is an online platform enabling consumers to find a nearby health practitioner and book appointments. The user can enter the location and the specialty based on which the platform offers a list of doctor profiles. Users can also book remote video consultation with doctors. The platform helps doctors to improve appointment management, and renew the patient base.

Founded

2013

Location

Paris (France)

Investors

Eurazeo, Bpifrance, Accel and 12 Other Investors

The Soonicorns: Companies You Need to Watch Out For

The Soonicorns – soon to be Unicorns – are the handful of highly valued startups which have successfully grown out of their nascency to attract valuations of over a few hundred millions. Watch out for these companies in the coming years as they take the journey to becoming the elite Unicorns.

Sigfox
Sigfox

Wireless network operator for IoT and M2M applications

Disclosed Funding

USD 331M

Sigfox is a French network operator that builds wireless networks to connect low-power objects such as electricity meters and smartwatches, which need to be continuously on and emitting small amounts of data. It employs differential binary phase-shift keying (DBPSK) and the Gaussian frequency shift keying (GFSK) that enables communication using the ISM radio band which uses 868MHz in Europe and 902MHz in the US. The company utilizes LPWAN which is based on a one-hop star topology and requires a mobile operator to carry the generated traffic. The signal can also be used to cover large areas and to reach underground objects. As of 2018, it has covered a total of 4.2 million square kilometers in a total of 50 countries. As of April 2019, the communication supports up to 140 uplink messages a day, each of which can carry a payload of 12 octets at a data rate of up to 100 bytes per second. The target market includes supply chain and logistics, manufacturing, smart cities, smart buildings, retail, agriculture, among others. Partners include Texas Instruments, Silicon Labs, ON Semiconductor, and more.

Founded

2009

Location

Toulouse (France)

Investors

Khazanah, IFC, Alto Invest and 22 Other Investors

ManoMano
ManoMano

Online marketplace for home improvement items

Disclosed Funding

USD 212M

ManoMano is an online marketplace of home improvement items. Offerings include garden supplies and DIY products, bathroom supplies, electrical appliances, plumbing accessories, and more. Products of brands like Fiskars, Pradel, Legrand, and Bosch are available. The company also provides services for domestic repairs and renovations as per users’ requirements.

Founded

2013

Location

Paris (France)

Investors

Eurazeo, Aglae Ventures, CM-CIC Investissement and 5 Other Investors

Voodoo
Voodoo

Independent mobile game development studio

Disclosed Funding

USD 200M

Voodoo is an independent mobile game development studio that specializes in developing arcade and simulation games. Some of the games developed by the company are “Helix Jump”, “Snake Vs Blocks”, “Paper.io” for Android and iOS devices. Also provides marketing, monetization, and other game publishing services. Generates revenue through advertisements and in-app purchases.

Founded

2013

Location

Paris (France)

Investors

Goldman Sachs

Dataiku
Dataiku

End to end machine learning based data science platform

Disclosed Funding

USD 147M

Dataiku develops end to end machine learning based data science platform for big data analysis. Its chief offering Data Science Studio is a software platform that aggregates all the steps and big data tools necessary to get from raw data to production-ready applications. It connects, loads, and executes processes on remote data stores (NoSQL), clusters (Hadoop) or specialized machine learning clusters. Additionally, it automatically analyzes data, chooses, and tries several feature transformations, compares and combines core algorithms to create an optimized algorithm for the customer data and creates data-driven workflows that combine SQL, Python, Hadoop programming, and interactive charts. It also provides the ability to recompute only what’s needed in complex production workflows and automates recovery from hardware crash and missing data. Use cases are in the areas of churn analytics, fraud detection, graph analytics, demand forecast, among others. Partners include HP, CGI, Capgemini, Saugus, and more. Clientele includes GE, KUKA, Paloalto, LOREAL, Unilever, Comcast, among others.

Founded

2013

Location

New York City (United States), Paris (France)

Investors

Iconiq Capital, Alven, Battery Ventures and 3 Other Investors

Vestiaire Collective
Vestiaire Collective

Online consignment platform for luxury fashion goods

Disclosed Funding

USD 131M

Vestiaire Collective is an online consignment platform for luxury fashion goods. Customers can buy and sell pre-owned handbags, watches, jewellery, and others for women, men, and children. Offerings include products from various brands such as Chanel, Isabel Marant, Hermes, Louis Vuitton, and more. Buyers can make payments in instalments. The company checks the pre-owned good for authentication. Once approved, it ships the product to the buyer & holds the payment until the order reaches the location.

Founded

2009

Location

Paris (France)

Investors

Vitruvian Partners, Eurazeo, Idinvest Partners and 5 Other Investors

Wynd
Wynd

Provider of cloud-based PoS solution for the restaurants, hospitality and retail industries

Disclosed Funding

USD 127M

Wynd is a cloud-based PoS solution for the restaurants, hospitality and retail industries. It offers an omnichannel platform with modules to monitor online orders, payments, rewards, and loyalty programmes. Also, provides an integrated business intelligence module to provide regular insights and reports on sales and customers. It serves clients across various industries including retail, luxury, hotel, healthcare, real estate, food & beverage, etc.

Founded

2013

Location

Paris (France)

Investors

Natixis, Sofina, Sodexo and 6 Other Investors

Younited Credit
Younited Credit

Online lending marketplace

Disclosed Funding

USD 123M

Younited Credit is an online lending marketplace for individuals, companies, insurers, foundations, pension funds, etc. Products include auto loan, boat loan, motorcycle loan, marriage loan, travel loan and business loan. Users can avail loans from €1,000 to €50,000. The platform offers 8 loan durations: 6 months, 12 months, 24 months, 36 months, 48 ​​months, 60 months, 72 months and 84 months. The company offers 3 public funds for investors to invest in loans. The minimum investment amount is €1,000.

Founded

2009

Location

Paris (France)

Investors

Eurazeo, Credit Mutuel Arkea, AG2R LA MONDIALE and 7 Other Investors

ContentSquare
ContentSquare

AI-based data analytics software

Disclosed Funding

USD 122M

Content Square offers SaaS-based AI data analytics software. The platform can be used to monitor web and application traffic, optimize and analyze user experience data. The features of the product are zone analysis – in-site navigation and heat maps, testing user journeys and optimizing user journeys and personalization of the website and application using Artificial Intelligence technologies. The company also offers training and consulting services. Its customers are Lacoste, Loreal, Uniliver, Orange, Accor Hotels and PepsiCo among others. It caters to retail, groceries, automotive, financial and energy industries.

Founded

2012

Location

Paris (France)

Investors

Canaan Partners, Highland Europe, Eurazeo and 1 Other Investors

Evaneos
Evaneos

Online marketplace for booking personalized holiday packages from local travel agents

Disclosed Funding

USD 109M

Evaneos is an online marketplace that connects travelers with local travel agents for planning & booking personalized holiday packages. Enables users to create custom-made holiday packages from scratch after providing details such as budget, interests, number of travelers, & destinations. Users can then book the holiday packages on the platform. Additionally, the company also offers a list of destinations and travel ideas for clients.

Founded

2009

Location

Paris (France)

Investors

Partech, Level Equity, Quadrille Capital and 4 Other Investors

Talentsoft
Talentsoft

Human resource management solution

Disclosed Funding

USD 105M

Talentsoft is a human resource management solution. Solution modules include recruitment management, performance & competencies management, training & learning management, payroll & compensation management, and others. This software is compatible with desktop, tablets, and mobile devices. Clients include Celio, Naval Group, Lacoste, Carglass, and PSB Industries.

Founded

2007

Location

Paris (France)

Investors

Francisco Partners, Bpifrance, Goldman Sachs and 5 Other Investors

Actility
Actility

Platform for Internet of Things deployments

Disclosed Funding

USD 100M

Actility is a French company that provides LoRaWAN and 3GPP infrastructure for network connectivity management of IoT and M2M. Its chief offering ThingPark is a platform that enables scalable LPWA networks and interoperable IoT applications and services. It comprises of four core components namely Wireless- a core network management and supervision solution for LPWA connectivity, OS- a central IoT management service to connect sensors to applications, X-a data analytics and control framework which exposes data from connected things to applications, and offers off the shelf IoT industrial applications, and Market-a B2B e-commerce aggregating, distributing and connecting IoT devices and applications to the ThingPark platform. The target market includes telecom, energy and utilities, smart cities, agriculture, transport and logistics, buildings and facilities, among others. Partners include Acsip, Kerlink, Global Sat, EXPEMB, and more.

Founded

2010

Location

Paris (France)

Investors

Inmarsat, Idinvest Partners, Bpifrance and 12 Other Investors

Shift Technology
Shift Technology

Fraud detection and claim processing solutions for insurers

Disclosed Funding

USD 100M

Shift Technology provides AI-based claim automation and fraud detecting software for insurance companies. It features cloud-based end to end claim processing and claim filing solutions. It also offers fraud detection and investigation tools.

Founded

2014

Location

Paris (France)

Investors

Bessemer Venture Partners, Accel, General Catalyst Partners and 3 Other Investors

Dashlane
Dashlane

Password manager & secure digital wallet solution

Disclosed Funding

USD 100M

Dashlane offers a fully-featured password manager and secure digital wallet solution. The solution aggregates passwords, credit cards, IDs, notes, and other important information in a secure place and enables automatic logins, smart autofill, and express checkouts on any website. Other features include automatic password generation, a security dashboard for assessing password health, and instant security breach alerts for web accounts. Additionally, it automatically records itemized receipts with screenshots of purchases during online checkout. It uses advanced encryption and stores data locally. It also includes in-built VPN which provides the facility to securely and anonymously browse the internet and provides online privacy protection. It is available for all common platforms such as Android, Windows, iOS, Mac, and Linux.

Founded

2009

Location

New York City (United States), Paris (France)

Investors

Hercules Capital, FirstMark, Rho Ventures and 4 Other Investors

Mirakl
Mirakl

Provider of shopping cart solutions

Disclosed Funding

USD 100M

Mirakl offers on-demand cloud-based platforms for online stores, multi-channel retailers, franchisers and media publishers to create their online businesses. Platforms include features for managing, sellers, inventory, orders, customers, billing, security and performance analysis and integrates with existing websites. Its clients include brands like RueDuCommerce, Darty, Galeries Lafayette, MisterGoodDeal, and others.

Founded

2012

Location

Paris (France)

Investors

Bain Capital, 83North, Felix Capital and 3 Other Investors

Alan
Alan

Digital health insurance platform

Disclosed Funding

USD 90M

Alan provides online health insurance policies for individuals and companies. It offers health plans based on age with a varied price. Its major clients include WeWork, Ledger, MyLittleParis, etc.

Founded

2016

Location

Paris (France)

Investors

Index Ventures, DST Global, Xavier Niel and 6 Other Investors

Tinubu Square
Tinubu Square

Digital software solutions for credit insurers & corporates

Disclosed Funding

USD 84M

Tinubu Square provides cloud-based software for credit insurance, surety bonds, and trade finance. It offers multiple solutions to insurers & businesses for risk underwriting, commercial underwriting, consulting, receivables financing, and risk analysis. Also offers policy administration and claim management solutions for credit insurers.

Founded

2000

Location

Paris (France)

Investors

Bpifrance, longarc, FSI and 1 Other Investors

Ledger
Ledger

Cryptocurrency hardware wallet provider

Disclosed Funding

USD 82M

Ledger offers cryptocurrency hardware wallets. Products offered include Ledger Nano X, Ledger Nano S, Ledger Blue, and Ledger OTG Kit. Supports multiple cryptocurrencies including Bitcoin, Ripple, Ethereum, Bitcoin Cash, EOS, etc. Offers Ledger Vault which is a multi-authorization cryptocurrency wallet management solution.

Founded

2014

Location

Paris (France)

Investors

Draper Esprit, Draper Associates, Draper Venture Network and 14 Other Investors

Oodrive
Oodrive

Cloud based file synchronizing and sharing software

Disclosed Funding

USD 81M

Oodrive is a SaaS-based online file synchronizing and sharing software. It allows users to share files of any type and size through the web, email and a single click. It enables users to synchronize files across all devices of a user’s account and access them in offline mode. It ensures confidentiality of business files too. It also offers solutions to collaborate in real time with all the stake holders. Additionally, it provides secure virtual data rooms for exchanging sensitive data. Clients include Allianz, AoN, Assurone Group, Canal+, Australie and Airbus.

Founded

2000

Location

Paris (France)

Investors

Tikehau Capital, Nextstage, Time for Growth and 2 Other Investors

That’s all folks!! To know more, visit tracxn.com

Copyright @ 2019, Tracxn Technologies Private Limited. All rights reserved.

The Soonicorn Club of Spain: The Top Tech Companies To Watch Out For

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Spain is the thirteenth largest and the fifth largest economy in the world and Europe respectively with one of the highest GDP per capita numbers. Although, the country was at the verge of an economic and financial crisis in the beginning of the decade, it has come back very strong with about 3.2% growth in GDP in 2015 becoming one of the best performing economies in Europe. One of the major reasons for this improvement is a tremendous growth in the startup ecosystem of the country with the country boasting two of the most active startup hubs in the region – Barcelona and Madrid. As of today there are over 7.5K startups in Spain, of which more than 200 companies have already seen an exit (Public or acquired). Also, more than 145 companies have received funding in the year 2018.

We, at Tracxn, closely monitor the latest activities in the startups across the world and other associated ecosystem entities such as the venture capital funds, private equity funds and investment banks amongst others.

Here we have listed the ‘Soonicorn Club of Spain’ – an exclusive list of the most promising Spanish startups (corps d’elite) that have also reached significant valuation milestones over the previous few years.

The Unicorns

Unicorns, with their valuations exceeding the billion dollar mark, and even multi-billion mark in a few cases, represent the crème de la crème of the Spanish tech startup companies.

Cabify
Cabify

App-based on-demand cab service

Disclosed Funding

USD 407M

Cabify is an app-based on-demand intracity cab service, operating in multiple European and South American countries. The company partners with taxi operators/drivers and enables users to search, locate, book, track & pay for on-demand rides. Also caters to enterprises/corporate employees and provides them with a dashboard to manage expenses & track rides. Its mobile app is available for iOS and Android devices.

Founded

2011

Location

Madrid (Spain)

Investors

IDB Invest, Blue like an Orange, TheVentureCity and 18 Other Investors

The Soonicorns: Companies You Need to Watch Out For

The Soonicorns – soon to be Unicorns – are the handful of highly valued startups which have successfully grown out of their nascency to attract valuations of over a few hundred millions. Watch out for these companies in the coming years as they take on the journey to becoming the elite Unicorns.

Glovo
Glovo

Online on-demand hyperlocal delivery platform for consumers and businesses

Disclosed Funding

USD 345M

GlovoApp is an on-demand hyperlocal delivery platform catering to businesses and consumers in multiple cities across the globe. The app connects users with a network of crowdsourced delivery partners who shop/pick up goods from partner stores/shops and deliver packages on-demand. For businesses, it offers an API integration which enables its clients to use their delivery network and track/manage deliveries. Offers a consumer-facing app for users to browse through menus & order goods. Users can also track the driver in real-time and make online payments. Its mobile app is available for iOS and Android devices.

Founded

2015

Location

Barcelona (Spain)

Investors

Lakestar, Idinvest Partners, Korelya Capital and 24 Other Investors

Scytl
Scytl

Election management and governance solutions

Disclosed Funding

USD 127M

Scytl offer end to end election management and governance solutions. Pre-Election solutions include planning, voter registration, election logistics, and election financing, Election day offerings include voter management, remote voting, online voting, and Post-Election day offerings include results consolidation, election night reporting, and audit. Also, offers governance solutions and professional services. Election types supported include political elections, referendums, universities, parliament, assemblies, unions, and shareholders. Claims to have clients across 40 countries. Major clients include Election Commission of Bangladesh, State of Alaska USA, Electoral Commission Queensland, Ministry of Education France, and US Elections.

Founded

2001

Location

Barcelona (Spain)

Investors

Balderton Capital, Nauta Capital, Vy Capital and 5 Other Investors

Jobandtalent
Jobandtalent

Job listing and matching platform for blue-collar jobs

Disclosed Funding

USD 96M

JobandTalent is a mobile first job-board that helps candidates discover right job opportunities. Employers post jobs with screening criteria to find eligible candidates matches. Candidates create professional profiles on the platform providing job preferences. JobandTalent will search across the job-boards to find suitable job matches and notifies candidates every time a job matches their professional profile. The matching algorithm identifies and recognizes linguistic patterns within the structure and phrasing of job adverts and CVs. Mobile apps are available for iOS and Android OS platforms. Partner companies include Telefonica, Orange, Huawei, and Urban Massage.

Founded

2009

Location

Madrid (Spain)

Investors

DN Capital, Atomico, FJ Labs and 11 Other Investors

Pagantis
Pagantis

Purchase financing solutions provider

Disclosed Funding

USD 86M

Pagantis provides automated consumer finance for e-commerce transactions. The Pagantis point of sale consumer finance platform for e-commerce, allows consumers to pay for goods and services in monthly installments. Users can choose Paga+Tarde as a payment method and select the number of installments. The platform enables e-commerce merchants to offer consumer credit in conjunction with e-commerce purchases.

Founded

2011

Location

Madrid (Spain)

Investors

Credit Suisse, Rinkelberg Capital, Prime Ventures

TravelPerk
TravelPerk

Corporate travel management & booking solutions

Disclosed Funding

USD 75M

TravelPerk provides travel management & booking solutions to organizations and enables them to plan, book and manage their business travel. The platform enables employees to make bookings for flights tickets & hotel rooms based on the company policies. The platform also provides back-end functionalities to set-up/create travel policies, make online payments, manage travel expenses and automate reporting. Monetizes through monthly subscriptions depending on the user requirements.

Founded

2015

Location

Barcelona (Spain)

Investors

Kinnevik, Yuri Milner, Tom Stafford and 11 Other Investors

Spotahome
Spotahome

Online booking platform for residential properties

Disclosed Funding

USD 72M

Spotahome is an online booking platform for residential properties operating in Europe. The platform enables users to browse through listings, select and book the property of their choice. It also provides checked/inspected homes. Property owners can list their properties by providing necessary information such as location, price, area, pictures, and more. The platform connects landlords and tenants to create and sign agreements. The company earns revenue by charging a fixed fee to the landlords for property listings. Its mobile app is available for both Android and iOS devices.

Founded

2014

Location

Madrid (Spain)

Investors

Kleiner Perkins, Passion Capital, Seaya Ventures and 20 Other Investors

Devo
Devo

Data analytics platform for enterprises

Disclosed Funding

USD 71M

Devo provides a data analytics platform. It provides real-time analytics and insight for IT operations, security analytics, business analytics, customer insight, and log management. It allows users to collect real-time streaming data captured from applications, infrastructure, IoT devices, logs, and historical data sources. The platform can build correlations, generate reports & visualize data in the form of charts or graphs, and analyze trends in the data. Customers include Telefonica, GoNet, PLOS, and Panda.

Founded

2011

Location

Cambridge (United States), Madrid (Spain)

Investors

Insight Venture Partners, Kibo Ventures, Investing Profit Wisely and 1 Other Investors

Typeform
Typeform

Customizable cloud-based surveys and form builder application

Disclosed Funding

USD 69M

Typeform is a cloud-based application that helps users create and respond to surveys and other types of forms. Users can create forms with short/long texts, dropdown menus, multiple choices, ratings, polar questions (yes/no), and other features, as well as analyze resulting data. Typeform includes a calculator feature which in tandem with stripe payment integration, lets users build surveys that are also fully-fledged shopping carts. Customers include Uber, Facebook, Adobe, Airbnb, BBC, New York Times and the Financial Times.

Founded

2012

Location

Barcelona (Spain)

Investors

Deepbridge Capital, Adam Bickell, Mark Goldman and 12 Other Investors

Red Points
Red Points

Brand protection and anti piracy management software

Disclosed Funding

USD 64M

Red Points provides brand protection and anti-piracy management software. It offers solutions to manage online counterfeit, brand abuse, and digital piracy. It uses machine learning feature with image recognition technology to find brand infringement across various sources that include marketplaces and social media profiles. Caters to industries like fashion apparel, children’s products, design homewares, and others. Clients include Mighty Mug, DOPE, Beauty Blender and Knockaround.

Founded

2011

Location

Barcelona (Spain)

Investors

Summit Partners, Northzone, Eight Roads Ventures and 3 Other Investors

Corner Job
Corner Job

Geolocalized app-based blue-collar job search platform

Disclosed Funding

USD 57M

Corner job is an app-based job search platform that matches blue-collar job seekers and employers based on their locality. Job seekers and companies can use the platform to create their profile, apply for jobs and post offerings. Offers a chat service where jobs seekers and companies can communicate. Once contacted by job seeker the employer has 24 hours to communicate back before it goes out of date. Its app is available for both Android and iOS users. Present in Italy, France, Mexico, and Spain. Major clients include Burger King, Randstad, Total, UBER, and McDonald’s.

Founded

2015

Location

Barcelona (Spain)

Investors

Mediaset Italia, TF1 Group, Randstad and 19 Other Investors

Hawkers
Hawkers

Vertically integrated internet-first brand of eyewear

Disclosed Funding

USD 56M

Hawkers is a vertically integrated internet-first brand of eyewear. The company offers multiple collections of sunglasses and watches. It also provides modifications through different options of lenses & frame colours. The company launched multiple eyewear collections in collaboration with brands and personalities such as LA Lakers, Pull & Bear, Mercedes-Benz, Kobe Bryant, Lewis Hamilton and more.

Founded

2013

Location

Elche (Spain)

Investors

Félix Ruiz, Hugo Arévalo

Fintonic
Fintonic

Personal financial management tool

Disclosed Funding

USD 49M

Fintonic provides a personal financial management tool for individuals. Allows users to track expenses from multiple financial accounts. Expenses are organized automatically by categories. The app provides an automatic monthly forecast of future expenses. Offers FinScore, a credit score service, which is obtained from the information of the user’s accounts added in Fintonic. Users can apply for loans via the platform. They can fund their Amazon Gift Check at 0% interest. They can see insurances they have contracted and their coverage, the annual insurance expense and the notice of the next receipt.

Founded

2011

Location

Madrid (Spain)

Investors

ING, Onza Capital and 3 Other Investors

Badi
Badi

Online platform to find shared accommodation

Disclosed Funding

USD 45M

Badi is an online platform to find room and roommates. Users can specify a location to find a list of registered properties. One can also narrow down searches based on personalized preferences, age, hobbies, and more. Users can pick a property, communicate with potential roommates and make the booking over the platform. Its mobile app is available for both Android and iOS devices.

Founded

2015

Location

Barcelona (Spain)

Investors

Goodwater Capital, Target Global, Mangrove Capital Partners and 4 Other Investors

21 Buttons
21 Buttons

Online social shopping platform

Disclosed Funding

USD 31M

21 Buttons is an online social shopping platform. It enables users to connect with other enthusiasts, fashion experts, and bloggers on the platform. Users can follow other users, share pictures of their outfits, discover trends, and shop online. It rewards users with monetary benefits if they influence sales on the platform. Their app is available for both, iOS and Android platforms.

Founded

2015

Location

Barcelona (Spain)

Investors

Idinvest Partners, Kibo Ventures, Breega Capital and 12 Other Investors

ID Finance
ID Finance

Online lending based on credit scoring models

Disclosed Funding

Undisclosed

ID Finance is a digital lending platform offering loans based on credit scoring models. Utilizes machine learning based credit scoring & risk management systems to provide financial services to the underbanked. Products include Plazo that provides long-term loans for entrepreneurs, small and medium-sized businesses, consumers and Moneyman that provides short-term loans for individuals.

Founded

2012

Location

Barcelona (Spain)

Investors

TransKapitalBank

That’s all folks!! To know more, visit tracxn.com

Copyright @ 2019, Tracxn Technologies Private Limited. All rights reserved.


The Soonicorn Club of Switzerland: The Top Tech Companies To Watch Out For

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Switzerland, one of the key financial centres of the world, is also one of the world’s most advanced free market economies and tops the Global Innovation Index (2018). Switzerland has a robust banking and finance industry and also strong pharmaceutical and tourism industries. The economic policies in Switzerland are also conducive to the new age technology companies and there are currently over 5.5K+ startups, of which 500+ companies have already been acquired or gone public. Swiss startups have got 200+ funding rounds over the past twelve months.

We, at Tracxn, closely monitor the latest activities in startups across the world and also other associated ecosystem entities such as the venture capital funds, private equity funds and investment banks amongst others.

In this edition, we have listed the ‘Soonicorn Club of Switzerland’ – an exclusive list of the most promising Suisse startups (corps d’elite) that have also reached significant valuation milestones over the previous few years.

The Unicorns

Unicorns, with their valuations exceeding the billion dollar mark, and even multi-billion mark in a few cases, represent the crème de la crème of the Suisse tech startup companies.

Veeam
Veeam

Backup solutions provider

Disclosed Funding

USD 500M

Veeam develops products for backup and recovery purposes. It provides solutions for environments including vSphere, Hyper-V, AHV, AWS, Azure, Office365, Windows, Linux, Unix, Oracle, SAP, and more. It offers data management and visibility/control capabilities and an orchestration engine to facilitate disaster recovery. The Veeam Availability Suite enables users to manage all virtual, physical, and cloud-based workloads from a single console and achieve disaster recovery. Partners include Microsoft, Nutanix, Lenovo, Quantum, and more. The company has been awarded Most Influential Channel Chiefs for 2019 by CRN.

Founded

2006

Location

Baar (Switzerland)

Investors

Insight Venture Partners, CPP Investment Board

Avaloq
Avaloq

SaaS-based digital banking & wealth management solutions

Disclosed Funding

USD 301M

Avaloq is a SaaS-based financial solution provider for wealth management firms, universal and retail banks. The Avaloq Banking Suite comprises of fully integrated and modular banking solution for the back, middle and front office functionalities. It also provides an integrated and extensible omni-channel solution. The solution includes digital services at the point of contact between financial institutions and their clients. Also offers business processing and IT outsourcing solutions. Its clients include Barclays, DBS, Deutsche Bank, HSBC, Maybank, Nomura, SwissLife, etc.

Founded

1991

Location

Zurich (Switzerland)

Investors

Warburg Pincus, Motive Partners

MindMaze
MindMaze

Provider of VR-based solution for neuro-rehabilitation

Disclosed Funding

USD 119M

MindMaze provides VR based neuro-rehabilitation solution for hospital and home care. Its offerings include MindMotion PRO and MindMotion GO, both being CE marked and FDA-cleared. MindMotion PRO is a mobile neurorehabilitation system for hospitals designed for early motor rehabilitation and MindMotion GO is a gamified neurorehabilitation system for both hospital and home. Both the systems use motion depth-sensing cameras and offer real-time audio and visual feedback by tracking the patient’s body movement and provide interaction in rehabilitation activities and games on the screen setup. It also has a partnership with McLaren Racing to develop ‘MindDrive’ which is a safety and performance platform tailored for motorsport.

Founded

2012

Location

Lausanne (Switzerland)

Investors

Hinduja Group, Blue Sea Ventures, Kindmore and 1 Other Investors

Sportradar
Sportradar

Sports data-as-a-service provider

Disclosed Funding

USD 98M

Sportradar provides service and content for sports federations, state authorities, sports media and sports betting industries. It offers betting solutions, event creation, odds suggestions, trading tools, horseracing monitoring, live-streaming sports content, etc. to betting websites and betting shops, and virtual betting platforms. The company has an exclusive partnership with multiple sports leagues including NFL, NBA, NHL, ITF, and ESL.

Founded

2001

Location

St. Gallen (Switzerland)

Investors

Revolution, Michael Jordan, Mark Cuban and 3 Other Investors

The Soonicorns: Companies You Need to Watch Out For

The Soonicorns – soon to be Unicorns – are the handful of highly valued startups which have successfully grown out of their nascency to attract valuations of over a few hundred millions. Watch out for these companies in the coming years as they take on the journey to becoming the elite Unicorns.

ADC Therapeutics
ADC Therapeutics

Developer of antibody-drug conjugates for the treatment of hematological and solid cancers

Disclosed Funding

USD 455M

ADC Therapeutics is focused on the development of proprietary antibody-drug conjugates (ADCs) targeting cancers such as breast, lung, prostate, renal, liver and blood. It’s lead ADC candidates are ADCT-301, which is being developed for the treatment of CD25-expressing lymphoma and leukemia; and ADCT-402, which is being developed for the treatment of CD19-expressing non-Hodgkin’s lymphoma and B-cell leukemia.

Founded

2012

Location

Epalinges (Switzerland), Lausanne (Switzerland)

Investors

Astrazeneca, Auven Therapeutics, Redmile Group and 4 Other Investors

Novimmune
Novimmune

Developer of therapeutic monoclonal antibodies to treat various diseases

Disclosed Funding

USD 261M

NovImmune is focused on the development of antibody-based drugs for the patients with inflammatory, auto-immune and cancer. It has a portfolio of monoclonal antibodies and bi-specific antibodies. The lead candidate, NI-0501 is targeting Interferon-gamma (IFNγ) and being developed for hemophagocytic lymphohistiocytosis.

Founded

1998

Location

Plan-les-ouates (Switzerland)

Investors

Rosetta Capital, European Union, BZ Bank Aktiengesellschaft and 9 Other Investors

Arvelle Therapeutics
Arvelle Therapeutics

Developer of small molecules for the treatment of partial-onset seizures

Disclosed Funding

USD 180M

Arvelle Therapeutics is developing small molecule therapies for the treatment of CNS disorders. The company’s lead candidate, Cenobamate is being developed for the treatment of partial-onset seizures in adult patients. The mechanism of action of the lead is the modulation of GABA-A receptors and inhibition of sodium current. The company has acquired exclusive rights from SK Biopharmaceuticals to develop and commercialize its lead in Europe. The company has filled NDA for its lead in Feb 2019.

Founded

2019

Location

Zug (Switzerland)

Investors

Andera Partners, NovaQuest Capital Management, Life Sciences Partners and 3 Other Investors

CeQur
CeQur

Provider of subcutaneous insulin delivery system

Disclosed Funding

USD 157M

CeQur is developing insulin delivery systems. Its product, the PaQ is to be worn on the abdomen and can provide a long action after continuous subcutaneous insulin delivery. The device consists of a disposable insulin infuser and provides both pre-set basal insulin and on-demand bolus insulin. A reusable messenger unit notifies the user when it is time to replace the device.

Founded

2008

Location

Horw (Switzerland)

Investors

Woodford Investment Management, Arthurian Life Sciences, Endeavour Vision and 2 Other Investors

Nexthink
Nexthink

IT analytics platform for IT employee experience

Disclosed Funding

USD 156M

Nexthink provides IT analytics platform for IT employee experience. Its platform monitors the entire IT infrastructure and reports related to events, like performance issues, failures, crashes and security threats. It develops software solutions to manage their standard and virtual desktop infrastructures and control their IT budgets and deliver a secure and high-quality working environment. It captures all local and network activities in real-time at all endpoints and transforms end-user data into actionable analytics. It provides real-time analytics and visualization solutions and also provides help desk, server monitoring, MTTR reduction, breach and compliance management. Clients include Western Union, Wipro, Express Scripts, PWC and Adobe.

Founded

2004

Location

Prilly (Switzerland)

Investors

Index Ventures, Highland Europe, Forestay Capital and 7 Other Investors

Numbrs
Numbrs

App for money transfer and managing multiple bank accounts

Disclosed Funding

USD 152M

Numbrs is an app that aggregates multiple bank accounts. Enables the users to link multiple bank accounts to the platform to track and manage their income and expenses. Automatically categories the expenses and income of the user. Users can also set saving goals and financial goals. Allows users to transfer money to SEPA countries. Also provides notifications and reminders of scheduled payments and budget updates. Supports Lloyds Bank, HSBC, RBS, Barclays etc. The app is available for iOS and Android platform.

Founded

1999

Location

Zurich (Switzerland)

Investors

Marius Nacht, Investment Corporation of Dubai, SevenVentures and 1 Other Investors

Neurimmune
Neurimmune

Provider of human antibody therapeutics for the treatment neurodegenerative diseases

Disclosed Funding

USD 150M

Neurimmune is focused on the development of human antibody therapeutics for the treatment of neurodegenerative diseases. Based upon its Reverse Translational Medicine technology platform, It has created a pipeline of human antibody programs targeting CNS indication areas. Its drug pipeline includes Phase 3 antibody candidates for Alzheimer’s and Parkinson’s (partnering with Biogen). The company has preclinical programs for progressive multifocal leukoencephalopathy (PML), neuropathy, Huntington’s disease, and cardiomyopathy and cancer.

Founded

2006

Location

Schlieren (Switzerland)

Investors

Biogen

SOPHiA GENETICS
SOPHiA GENETICS

Provider of AI based genomic analysis platform for healthcare companies

Disclosed Funding

USD 140M

Sophia Genetics provides an AI-based analytics platform to optimize genomic analysis. The platform uses machine learning algorithms to process and analyze genomic data from patient DNA sequence data generated from the NGS platform. The company also validates genetic tests and caters to hospitals and laboratories. The platform provides insights into disease diagnosis and precision medicine.

Founded

2011

Location

Saint-sulpice (Switzerland)

Investors

Generation Investment Management, Idinvest Partners, Balderton Capital and 8 Other Investors

WayRay
WayRay

Holographic AR navigation system for cars

Disclosed Funding

USD 110M

WayRay is developing holographic navigation systems for cars, using AR technology. Its AR technology can be overlaid into the vehicle’s windshield or any other glass surface and projects information virtually in front of the driver. Its ‘Navion’ system offers turn-by-turn holographic navigation while adjusting according to the road & environment via simultaneous localization and mapping. Also offers SDK for developing AR applications for cars. Earlier, the company was involved in connected cars space and developed an OBD dongle to track driving.

Founded

2012

Location

Zurich (Switzerland)

Investors

Porsche, Hyundai Motor Company, Alibaba Group and 8 Other Investors

SEBA Crypto
SEBA Crypto

Crypto-based banking service provider

Disclosed Funding

USD 104M

SEBA offers crypto-based banking services. Provides transaction banking services for accounts denominated in both crypto and fiat. Offers custodian services including military-grade secure storage of crypto assets. Provides trading and liquidity management for crypto assets & fiat currency. The company offers asset & wealth management of crypto & traditional equity products. Also offers crypto corporate finance services including ICO fundraising advice, token design, risk management, etc.

Founded

2018

Location

Zug (Switzerland)

Investors

Summer Capital, BlackRiver Asset Management

Nozomi Networks
Nozomi Networks

Network monitoring and protection for ICS

Disclosed Funding

USD 54M

Nozomi Network provides unintrusive network monitoring and protection solution developed for Industrial Control Systems. Has an integrated discovery and learning capability for Industrial Control Systems which automatically detects critical anomalies. Additionally, underlying industrial processes are constantly monitored at the deepest level through its industrial virtual imaging technology.

Founded

2013

Location

San Francisco (United States), Mendrisio (Switzerland)

Investors

Planven Investments, GGV Capital, Lux Capital and 4 Other Investors

SonarSource
SonarSource

Developer of continuous code quality inspection tools for enterprises

Disclosed Funding

USD 45M

SonarSource provides applications and services for continuous inspection of code quality. Its chief offering SonarQube is an open source quality management platform that helps users perform development and long-term maintenance of software. Its solutions support development in multiple programming languages such as Java, C#, JavaScript, PHP, ABAP, Cobol, PL/SQL, and others. The company also offers a paid version of the aforementioned product and as of May 2019, the pricing of the same starts at $134.20. Its other offerings include SonarLint which highlights code issues with markers on open files and provides an issues summary table for a selected component in the IDE, including the creation time of the issue; Sonar Cloud which eliminates bugs and vulnerability; and Code Analyzers which come with thousands of rules on 25+ programming languages for static code analysis such as symbolic execution and data flow analysis. Clientele includes Cisco Systems, Deutsche Bank, Bank of America, Michelin, Telefonica, BNP Paribas, and others.

Founded

2008

Location

Le Grand-saconnex (Switzerland)

Investors

Insight Venture Partners

Coople
Coople

On-demand staffing platform

Disclosed Funding

USD 45M

Coople is an on-demand staffing platform. Both workers and employers are rated on the platform by each other. Workers clock in the number of hours worked and are paid according to a pre-determined hourly rate. The platform also takes care of the payroll and taxes for these transactions. Industries catered to include catering, retail, promotion and commerce. Also available as a mobile application solution. Clients include Swisscom, Globus, and Pfister.

Founded

2009

Location

Zurich (Switzerland)

Investors

Goldman Sachs Investment Partners, One Peak Partners, Harbert Management and 2 Other Investors

Scandit
Scandit

App-based self-checkout solutions for offline retailers

Disclosed Funding

USD 43M

Scandit provides app-based self-checkout solutions for offline retailers. Its mobile app allows retailers to scan the product barcode and pay using their smartphones. It also has other features like customer engagement, order & inventory management, marketing tools and more. The company offers cloud-based enterprise mobility and data capture platform that is built on proprietary computer vision, AR and machine learning technologies. It provides barcode scanning APIs and SDKs for use in multiple sectors including retail, manufacturing, logistics, healthcare and more. Clients include Sephora, Louis Vuitton, DHL, Levi Strauss and more.

Founded

2009

Location

Zurich (Switzerland)

Investors

GV, NGP Capital, Atomico and 2 Other Investors

Sensimed
Sensimed

Provider of contact lens-based glaucoma monitoring

Disclosed Funding

USD 42M

Sensimed, a spin-off from Swiss Federal Institute of Technology, has developed a non-invasive soft contact lens-based solution, the SENSIMED Triggerfish for glaucoma management. It provides an automated recording of continuous ocular dimensional change over a day’s duration. The product is CE and FDA approved.

Founded

2003

Location

Lausanne (Switzerland)

Investors

Vertex Ventures, Wellington Partners Venture Capital, Agate Medical investments and 5 Other Investors

Kandou Bus
Kandou Bus

Provider of programmable IPs for in-package applications

Disclosed Funding

USD 40M

Kandou develops programmable IPs which are designed and optimized for in-package applications. These IPs constitute Glasswing IP family and can be used in short reach multi-chip modules and high throughput data interfaces. Kandou is an active part of IEEE, JEDEC and OIF industry groups. Applications of Kandou are Memory link, Backplane link and 2.5D integration.

Founded

2011

Location

Lausanne (Switzerland)

Investors

Bessemer Venture Partners, Walden International, Volkswirtschaft and 1 Other Investors

That’s all folks!! To know more, visit tracxn.com

Copyright @ 2019, Tracxn Technologies Private Limited. All rights reserved.

The Soonicorn Club of Japan: The Top Tech Companies To Watch Out For

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Japan, the world’s third largest economy is also one of the most developed economies of the world. It has historically grown on the basis of its high investments in productive plant and equipment coupled with significant investments in research and development. The constant focus on implementation of advanced technologies and an open world trade framework has firmly upholded Japan’s leading position in the world economy.

Japan is synonymous with technology and it is one of the leaders and top innovators in automobiles and electronics goods. Apart from the traditional industries, it has also kept itself ahead of the curve in emerging sectors such as artificial intelligence, blockchain and virtual reality amongst many others. Japan is also home to Soft Bank one of the largest global investors known for its investments in new and disruptive technology companies.

We, at Tracxn, closely monitor the latest activities in startups across the world and also other associated ecosystem entities such as the venture capital funds, private equity funds and investment banks amongst others.

In this edition, we bring you the ‘Soonicorn Club of Japan’ – an exclusive list of the most promising Japanese startups that have also reached significant valuation milestones over the previous few years.

The Unicorns

Unicorns, with their valuations exceeding the billion dollar mark, and even multi-billion mark in a few cases, represent the crème de la crème of the Japanese tech startup companies.

JOLED
JOLED

Developer of OLED-based display panels

Disclosed Funding

USD 1.10B

JOLED (a JV between Sony and Panasonic) develops and manufactures OLED-based display panels. Offerings include display panels developed using technologies such as printed OLED, oxide TFT technology (TAOS) and flexible displays. The displays are claimed to have multiple features such as they are foldable, unbreakable, see-through, flexible, transparent, energy efficient, have better image quality and self-luminance, etc. Target markets include smartphones, wearable devices, medical equipment monitors, laptops, computers, etc. The company has also won Japan OLED Forum Outstanding Achievement Award, 2018. It also claims to develop the World’s first RGB printing 4K OLED using top-emission technology.

Founded

2015

Location

Tokyo (Japan)

Investors

INCJ, Nissha, Denso Corporation and 3 Other Investors

Preferred Networks
Preferred Networks

Provider of deep learning solutions using a proprietary ML framework

Disclosed Funding

USD 125M

Preferred Networks offers Chainer which is an open source deep learning framework and applies real-time machine learning technologies to new applications in the field of the Internet of Things. It implements deep intelligence to integrate data from the physical and digital worlds and offers software development services. Caters to retail, advertising, automobile manufacturing, public safety, network security & optimization, manufacturing, public transportation, and healthcare sectors. Preferred Networks is a spin-off of Preferred Infrastructure.

Founded

2014

Location

Tokyo (Japan)

Investors

Chugai Pharmaceutical, Tel Venture Capital, Hitachi and 3 Other Investors

The Soonicorns: Companies You Need to Watch Out For

The Soonicorns – soon to be Unicorns – are the handful of highly valued startups which have successfully grown out of their nascency to attract valuations of over a few hundred millions. Watch out for these companies in the coming years as they take on the journey to becoming the elite Unicorns.

Spiber
Spiber

Provider of genetically engineered microbes for mass silk protein production

Disclosed Funding

USD 260M

Spiber engages in the research of biomaterial which includes the production of spider silk fibroin proteins. The company is using genetically engineered microorganisms to mass produce silk protein material. The firm grows microorganisms by feeding sugar (fermentation) and takes the silk proteins from the micro-organisms to refine them into a thread. The company’s protein-based fiber technology can be applied from various synthetic products to artificial blood vessels. The company’s first prototype MOON PARKA, lines used in apparel by North Face’s company, Antarctic PARKA, can be used at harsh conditions made with Spiber’s spider fibroin-based protein material QMONOS.

Founded

2007

Location

Tsuruoka (Japan)

Investors

Cool Japan Fund, GOLDWIN, Shinsei Bank and 3 Other Investors

Dynamic Map Platform
Dynamic Map Platform

Provider of 3D maps & data

Disclosed Funding

USD 231M

Dynamic Map creates and maintains 3D maps for nationwide expressways/motorways and other general roads. It collects the data from satellite, generates point clouds using mobile mapping system, plots geographical object from point clouds and integrates the data to create 3D maps. Claims that its high precision 3 dimensional (3D) map data is suitable for autonomous driving.

Founded

2016

Location

Tokyo (Japan)

Investors

INCJ, Mitsubishi Electric

Astroscale
Astroscale

Provider of solutions for space debris removal

Disclosed Funding

USD 148M

Astroscale offers proprietary satellite solutions for space debris removal. It is developing ELSA-d, an end-to-end rendezvous solution which consists of two spacecraft; Servicer (~184 kg) and Client (~16 kg), to be launched stacked together. The Servicer leverages proximity rendezvous technologies and a magnetic capture mechanism while Client has a docking plate for capturing the debris. It has developed 25kg micro-lite satellite called IDEA OSG 1 for In-situ Debris Environment Awareness mission which has been terminated after an unsuccessful launch. The company is planning to launch its ELSA-d spacecraft in 2020. It has also been operating the Lunar dream Capsule Project for enabling people to send their messages into space via a capsule. It has been awarded Japan’s Start-up of the Year in 2019 by Forbes JAPAN. It has partnered with ESA for the exchange of data and expertise related to space debris collision avoidance, environmental monitoring of debris and the development of monitoring technique.

Founded

2013

Location

Sumida-ku (Japan)

Investors

INCJ, Mitsubishi Estate and 15 Other Investors

freee
freee

Accounting & ERP management software for businesses

Disclosed Funding

USD 142M

Freee provides cloud-based ERP management and accounting software for businesses. It features solutions for bookkeeping, payroll & labor management, financial reporting, taxation, billing & expense management, inventory management, etc. It is available on a multiple subscription basis based on the features offered.

Founded

2012

Location

Tokyo (Japan)

Investors

Line, Mitsubishi UFJ Financial Group, SBI Investment and 6 Other Investors

Softbank Robotics
Softbank Robotics

Develops humanoid social robots for home and businesses

Disclosed Funding

USD 117M

Softbank Robotics, fka Aldebaran, is the robotics division of Softbank that develops humanoid robots for consumer and enterprise applications. The core product offerings include Nao, Pepper, and Romeo. Nao is a bipedal assistant with a focus on education and research and can be used to welcome, inform and entertain people in an innovative way. Pepper is built to be used primarily by enterprises for providing robotic assistance and customer interaction. It is equipped with an algorithm for communication attitude adjustment, called the emotion engine, which enables it to perceive emotions and fine-tune its response. Romeo is a humanoid robot which is envisioned for assisting the elderly and for healthcare assistance. In addition, the company has developed self-driving cleaning robots that work alongside teammates and allow for staff to simultaneously focus on higher-value tasks.

Founded

2012

Location

Tokyo (Japan)

Investors

Alibaba Group, Foxconn Electronics

Inagora
Inagora

Cross-border e-commerce mobile platform

Disclosed Funding

USD 109M

Inagora operates cross-border e-commerce mobile platform intended to offer Japanese products to global customers. Product catalogue includes health & beauty products, grocery & home items and more. The company caters to both B2C and B2B segments. It also provides services like content production, marketing, distribution and more.

Founded

2014

Location

Tokyo (Japan)

Investors

ITOCHU, KDDI, SBI Holdings and 4 Other Investors

ispace
ispace

Developing micro-robots that locate the resources necessary to extend human life into outer space

Disclosed Funding

USD 90M

ispace develops micro-robots that will locate the resources necessary to extend human life into outer space. The company focuses on locating, extracting, and delivering lunar ice to customers in cis-lunar space. It utilizes 3D printed and commercially off the shelf products (COTS) for rapid prototyping while maximizing structural mass efficiency and shortening the developmental life cycle. It manages the technological and business development operations of Team HAKUTO in the Google Lunar XPRIZE Competition. The company won a $500,000 Milestone Prize in mobility for landing a privately funded robot on the moon.

Founded

2010

Location

Tokyo (Japan)

Investors

INCJ, Development Bank of Japan, Japan Airlines and 10 Other Investors

JapanTaxi
JapanTaxi

App-based on-demand taxi-hailing service

Disclosed Funding

USD 87M

JapanTaxi is an app-based on-demand ride-hailing service in Japan that connects passengers with taxi drivers around their location. Users need to set their pickup location and specify the type of vehicle they need, after which the platform connects them to a nearby available driver. The platform provides users with an estimated fare and duration of their journey before booking. Users can also pre-book a taxi for later commutes. Users can make payments online and track the service in real-time. Apps are available for both Android & iOS devices. Additionally, the company also offers in-vehicle recorders and integrated taxi meters to drivers.

Founded

1977

Location

Tokyo (Japan)

Investors

Kakao Mobility

Foodison
Foodison

Online platform to procure seafood for restaurants

Disclosed Funding

USD 81M

Foodison provides an online platform to procure seafood for restaurants. It offers an e-commerce platform “Uo-pochi” that allows restaurants to order raw, frozen, and processed fish and seafood from producers, fishermen, and retailers of Japan. It delivers online orders through an in-house delivery team. It also operates retail stores under the brand name “Sakana bacca” that delivers fish and sushi products across Tokyo.

Founded

2013

Location

Chuo (Japan)

Investors

Global Brain, Dentsu Innovation Partners, Mitsubishi UFJ Capital and 2 Other Investors

Paidy
Paidy

Purchase financing solutions provider

Disclosed Funding

USD 78M

Paidy provides purchase financing solutions. Allows users to check out using only the email address and mobile phone number. Users can shop for multiple times and have to pay a monthly bill. They can make monthly bill payments at convenience stores, via bank transfer or auto-debit from the bank account. The app is available for iOS and Android platforms.

Founded

2008

Location

Tokyo (Japan)

Investors

Visa, ITOCHU, Goldman Sachs and 17 Other Investors

Megakaryo
Megakaryon

Developer of induced pluripotent stem cells (iPS) for mass production of platelet products

Disclosed Funding

USD 57M

Megakaryon develops and commercializes the technology to produce and store platelets and red blood cells from iPS cell lines. The cell lines are used to develop blood products that can be supplied in a stable manner. The products can be used for blood transfusion and lower the dependence on blood donations. The company claims that it has obtained a patent for mass production of platelets from iPS cells.

Founded

2011

Location

Kyoto (Japan)

Investors

INCJ, Shinsei Corporate Investment and 7 Other Investors

ABEJA
ABEJA

Business analytics solutions for retail industries

Disclosed Funding

USD 53M

Abeja provides business analytics solutions for retail industries. It enables businesses with image recognition and machine learning technologies for object tracking, face detection and attribution analysis. It uses Deep Learning technology and provides solutions such as automation, predictive simulation, visualization on the cloud. Its products include ABEJA Insights is an AI-based product platform for retail and manufacturing to analyze and draw insights from the data. It also provides solutions to track in-store visitor and provide attribution analysis and customer behaviour analysis. Its products features allow users to analyze visual data which includes customer age and gender and provides image analytics solutions. Customers include Francfranc, PARCO, Tressa and Guess.

Founded

2012

Location

Shirokane (Japan)

Investors

Google, SBI Holdings, Daikin and 10 Other Investors

GROOVE X
GROOVE X

Develops social robot for consumers

Disclosed Funding

USD 51M

Groove-X has developed a social robot called LOVOT for consumers. Features include answering machine, baby monitoring, house patrolling and more. The robot has approximately 50 sensors on its body including a 360-degree camera, thermal vision, microphone, depth camera, distance & obstacle sensors and, retractable wheels for movement. The company claims that the stimuli captured by these sensors are processed using ML and DL to generate motion in real time.

Founded

2015

Location

Tokyo (Japan)

Investors

AMTRAN, LINE Ventures, Sparks Asset Management and 7 Other Investors

QD Laser
QD Laser

Provides quantum dot lasers, semiconductor optical devices, and amplifiers

Disclosed Funding

USD 50M

QD Laser provides quantum dot lasers, semiconductor optical devices, and amplifiers. The product line of the company includes Distributed feedback laser (DFB) for precision machining, quantum dot lasers for optical communications, epitaxial wafer on GaAs substrate, visible laser sensors, and Fabry-Perot lasers. The company also offers a smart eyewear based on Direct retinal projection: VISIRIUM technology which precisely controls the light to project images onto the retina. These solutions find applications in areas such as silicon photonics, Telecom/Datacom, consumer electronics, and other industrial use. It also provides LIDAR and gas sensing solutions.

Founded

2006

Location

Kawasaki (Japan)

Investors

DG Incubation, Tokyo Century, Dai-Ichi Life and 11 Other Investors

Midokura
Midokura

Open source network virtualization solution

Disclosed Funding

USD 44M

Midokura provides network virtualization overlay software solutions. The company’s flagship product, MidoNet, is an open source network virtualization system for OpenStack clouds. It can be used to build arbitrary network topologies on top of an existing IP network without any modification. Supports virtual L2 switches, virtual L3 routing, distributed, stateful source NAT, and distributed stateful L4 TCP load balancing. The company is a contributor to the OpenStack Networking (Neutron) Project and a member of the Open Platform for NFV (OPNFV) Project.

Founded

2010

Location

Tokyo (Japan), Lausanne (Switzerland)

Investors

Simplex, INCJ, Allen Miner and 4 Other Investors

Enax
Enax

Lithium-ion battery manufacturers for industrial use

Disclosed Funding

USD 41M

Enax is a manufacturer and seller of high-capacity, high-power lithium ion secondary batteries. The company is also in Lithium ion secondary battery development and prototyping contract order management. Apart from regular industrial use batteries, the company also delivers custom made batteries for specific purposes.

Founded

1996

Location

Tokyo (Japan)

Investors

INCJ, Nippon Technology Venture Partners

Toreta
Toreta

Saas platform for Restaurants which provides online booking feature for users

Disclosed Funding

USD 41M

Toreta is available as an iPad app that takes restaurant employees through a customer call from start to finish. Toreta allows for web reservations as well. For each restaurant, there is a monthly fee of JPY 12,000 (US$100) that allows for unlimited use within a location.

Founded

2013

Location

Shinagawa (Japan)

Investors

NTT Docomo Ventures, Eight Roads Ventures, Mitsui Sumitomo Insurance Venture Capital and 5 Other Investors

From Scratch
From Scratch

SaaS-based marketing platform

Disclosed Funding

USD 39M

From Scratch uses Artificial Intelligence and Big Data to offer marketing solutions to different industry verticals. It offers a SaaS-based marketing platform, B-dash, that analyzes advertisement data, sales/customer management data, user attributed data, behavior data and helps in marketing strategy development. The platform is designed to integrate data from different points in the marketing process from the customer.

Founded

2010

Location

Tokyo (Japan)

Investors

INCJ, Rakuten Capital, Global Brain and 5 Other Investors

BASE
BASE

Cloud-based software solution to create online stores for e-tailers

Disclosed Funding

USD 33M

Base is a cloud-based software platform to create online stores for e-tailers. Its features include payment gateways, order & inventory management, marketing tools, PIM, SEO, CRM, reporting & analytics and more. Pricing depends on package and number of features. The company also provides its shopping app that is available for Android and iOS platforms.

Founded

2012

Location

Tokyo (Japan)

Investors

Global Brain, Money Forward, SMBC Venture Capital and 6 Other Investors

Kyulux
Kyulux

Developer of TADF OLED technology for displays

Disclosed Funding

USD 32M

Kyulux was founded as a spinoff of Kyushu University’s Center for Organic Photonics and Electronics Research (OPERA), which has developed TADF OLED (Thermally Activated Delayed Fluorescence Organic Light Emitting Diode) technology for display and lighting. TADF is recognized as the third generation of OLED emitting mechanisms and claims to enable 100% internal quantum efficiency in OLEDs without using rare metals such as Iridium.

Founded

2015

Location

Fukuoka (Japan)

Investors

NAGASE, Samsung Display, Samsung Venture Investment and 8 Other Investors

SPREAD
SPREAD

Producer and supplier of hydroponically-grown lettuce

Disclosed Funding

Undisclosed

Spread is a producer and supplier of hydroponically-grown lettuce. It offers four different varieties of leaf lettuce such as Mediterranean leaf lettuce, pleated lettuce, frilly lettuce, and fringe lettuce. It owns and operates automated vertical hydroponic facilities in Kameoka and Kansai for its production activities. The products are supplied to the domestic supermarkets and retailers of Japan under the brand name “Vegatus.” It has received gold award for it’s automated hydroponic growing facility “Vegetable Factory” at the Edison Innovation Awards in 2016.

Founded

2006

Location

Kyoto (Japan)

Investors

That’s all folks!! To know more, visit tracxn.com

Copyright @ 2019, Tracxn Technologies Private Limited. All rights reserved.

The Soonicorn Club of Sweden: The Top Tech Companies To Watch Out For

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With a population of just over 10 million, Sweden is home to a very high number of startups, including the hugely popular ones – Klarna, Spotify, Truecaller and Skype. With one of the highest GDP per capita in the EU, it ranks among the world’s top ten most competitive countries (Source: WEF). Sweden also leads in the ease of doing business (Source: World Bank EDBI) with and its capital, Stockholm, produces the second-highest number of billion-dollar tech companies per capita, after Silicon Valley.

The reforms undertaken by the government after 1990s – Deregulation of key industries, a new competition Act to prevent monopolization coupled with broad product market reforms have immensely benefited the growth of startup culture in Sweden.

There are currently over 3.5K+ tech startups in Sweden, of which 450+ companies have already been acquired or gone public.

We, at Tracxn, closely monitor the latest activities in startups across the world and also other associated ecosystem entities such as the venture capital funds, private equity funds and investment banks amongst others.

In this edition, we have listed the ‘Soonicorn Club of Sweden’ – an exclusive list of the most promising Swedish startups that have also reached significant valuation milestones over the previous few years.

The Unicorns

Unicorns, with their valuations exceeding the billion dollar mark, and even multi-billion mark in a few cases, represent the crème de la crème of the Swedish tech startup companies.

Klarna
Klarna

Point of sale financing solutions

Disclosed Funding

USD 682M

Klarna provides solutions for point of sale financing. It offers multiple payment methods such as Installments for paying in 4 interest-free installments; Pay in 30 days for paying within the term of 30 days from the day of shipping; and Financing for paying within the term of 3 to 36 months. Users can shop at stores via the app and pay later in 4 equal installments. They can create wishlists and also receive price drop alerts. Merchants can integrate Klarna with e-commerce platforms. Offers an online checkout solution including identification & payments and an in-store checkout solution for physical stores. Also, the company has acquired a full banking license.

Founded

2005

Location

Stockholm (Sweden)

Investors

Snoop Dogg, H&M, Creandum and 17 Other Investors

The Soonicorns: Companies You Need to Watch Out For

The Soonicorns – soon to be Unicorns – are the handful of highly valued startups which have successfully grown out of their nascency to attract valuations of over a few hundred millions. Watch out for these companies in the coming years as they take on the journey to becoming the elite Unicorns.

Snow Software
Snow Software

Application for tracking, optimizing and generating reports related to software licenses

Disclosed Funding

USD 120M

Snow Software provides a solution for tracking, optimizing and generating reports related to software licenses. The product offers features such as an automatic update of the software inventory, tracking the license status and renewal dates, estimating the cost of upgrade and downgrade of a particular volume of licenses, periodic management report generation and tracking the software assets for mobile devices. It also provides services for the implementation of SAM software and training related to SAM for enterprises. Key customers include ABB, Toyota, RBS, DHL, and AVIS.

Founded

1997

Location

Solna (Sweden)

Investors

Sumeru Equity Partners, Ontario Pension Board, Vitruvian Partners

Aprea
Aprea

Developer of small molecule therapeutics targeting tumor suppressor proteins

Disclosed Funding

USD 113M

Aprea develops small molecule therapeutics targeting tumor suppressor proteins. The company focuses on p53, a tumor suppressor protein that induces cell cycle arrest or cell death. The company’s lead candidate is APR-246, that acts by reactivating mutant and defective native p53, leading to tumor cell death. APR-246 is currently in Phase III for High-grade Serous Ovarian Cancer (platinum-sensitive) and is in Phase II AML (Acute Myeloid Leukaemia). The company is also developing APR-017, which induces p53-mediated apoptosis by restoring p53 activity in cancer cell lines with mutant p53.

Founded

2003

Location

Boston (United States), Stockholm (Sweden)

Investors

Janus Henderson Investors, Redmile Group, Rock Springs Capital and 6 Other Investors

BIMA
BIMA

Platform for mobile-based insurance and health services

Disclosed Funding

USD 112M

BIMA provides a platform for mobile-based insurance and health services. It offers a range of policies for life, accident, and health insurances. It offers claim processing and reimbursement services for customers. It offers new products, technologies, and distribution channels based on customer data & monitoring solutions.

Founded

2010

Location

Stockholm (Sweden)

Investors

Axiata, LeapFrog Investments, Millicom and 2 Other Investors

Tink
Tink

Open banking API provider

Disclosed Funding

USD 108M

Tink provides open-banking APIs. The company offers plug and play application programming interfaces (APIs), that allow banks and Fintech companies to build account aggregation, payment initiation, data enrichment, and personal finance management products. Utilizes machine learning models to analyze data that comes from multiple sources. Banks and Fintech companies can integrate Tink’s products into their existing apps or use them to develop stand-alone services.

Founded

2012

Location

Stockholm (Sweden)

Investors

PayPal, Insight Venture Partners, Nordea and 8 Other Investors

KRY
KRY

Provider of tele-consultation platform for patients

Disclosed Funding

USD 95M

KRY is an online telemedicine platform for patients. The application platform allows the patients to register and seek advice and prescriptions of medicines via video conferencing tool. The physicians can also enable referrals to further care or sick note for a range of conditions including asthma, allergies, sinus infection, mental health disorders and more.

Founded

2014

Location

Stockholm (Sweden)

Investors

Index Ventures, Accel, Creandum and 2 Other Investors

OxThera
OxThera

Provider of microbial based drug products to treat hyperoxaluria

Disclosed Funding

USD 93M

OxThera provides microbial based drug products to treat hyperoxaluria. They develop products, based on cell and enzyme-based proprietary technologies, for metabolic disorders based on excess oxalate from endogenous and exogenous sources. Oxabact delivers an orally delivered composition of live bacteria, Oxalobacter Formigenes and is primarily targeting the orphan disease primary Hyperoxaluria. The other product Oxazyme is a non-systemic orally delivered drug composed of recombinant oxalate decarboxylase for treatment of Hyperoxaluria and to prevent the formation of calcium-oxalate kidney stone, and in phase 3 of the clinical trial.

Founded

2005

Location

Stockholm (Sweden)

Investors

Life Sciences Partners, Ysios Capital, Sunstone Capital and 8 Other Investors

Truecaller
Truecaller

Caller ID & call management app

Disclosed Funding

USD 91M

Truecaller offers phone directory app on mobile that enables users to see who is calling them and offers an option to block unwanted calls. Some of Truecaller’s directory data comes from users sharing the names and numbers in their contacts’ books (Opt-in process) and the rest of the directory data comes from the partner white/yellow pages companies around the world. The app is available for both iOS and Android devices and it is available on the web as well.

Founded

2009

Location

Stockholm (Sweden)

Investors

Zenith Group, Arun Sarin, Atomico and 7 Other Investors

glō
glō

Nanotechnology based LED technology provider

Disclosed Funding

USD 89M

GLO is a technology spin-out from the Nanometer Structure Consortium (nm) at Lund University. The company holds more than 50+ patents in the area of nanotechnology-based LEDs. GLO has developed a technology to fabricate single-crystal semiconductor nanowire structures. These LEDs emit a wide range of Visible spectrum colors with high intensity. The applications include displays and screens, lighting and illumination, and automotive headlights.

Founded

2005

Location

Sunnyvale (United States), Lund (Sweden)

Investors

Wellington Partners Venture Capital, Teknoinvest, Foundations Asset Management and 8 Other Investors

NA-KD
NA-KD

Online retailer of fashion products

Disclosed Funding

USD 89M

NA-KD is an online retailer of fashion products. The product offerings include apparel, lingerie, footwear and fashion accessories such as jewelry, bags, sunglasses, headgear & watches. It stocks products of brands such as Calvin Klein, Fila, Levi’s, Mango and more. The products are mainly for women and are shipped worldwide.

Founded

2015

Location

Gothenburg (Sweden)

Investors

Partech, eEquity, Northzone and 11 Other Investors

Voi
Voi

Dockless electric kick-scooter sharing service

Disclosed Funding

USD 84M

VOI is an app-based electric kick-scooter sharing service. The company operates its own fleet of electric kick-scooters on a dockless/free-float model with no designated pick-up/drop-off points. Users can search, locate, & book services, via the app. The app also enables users to lock/unlock scooters and make online payments. The company partners with local governments, universities, enterprises, and brands to operate its services. Its mobile app is available for iOS and Android devices.

Founded

2018

Location

Stockholm (Sweden)

Investors

Balderton Capital, LocalGlobe, Creandum and 8 Other Investors

Min Doktor
Min Doktor

Provider of online doctor consultation platform for patients

Disclosed Funding

USD 76M

Min Doktor is a telemedicine platform for patients which provides online access to registered doctors through video consultations. The application platform (app) allows the patients to register on the platform and fill the questionnaires to avail consultation services. The doctors will consult via audio or text or video based media to give diagnostic insights and treatment solutions for the patients.

Founded

2013

Location

Malmo (Sweden)

Investors

ICA Gruppen, EQT Ventures, Christian Jansson and 4 Other Investors

Magine
Magine

Cloud based TV platform to deliver video content

Disclosed Funding

USD 67M

Magine is a cloud-based TV platform that allows broadcasters to deliver live and time-shifted content to users as well as catch-up and on-demand programming across various devices such as tablets, phones, Smart TVs, and computers. Products include Magine TV and Magine Pro. Also provides video encoding and quality assurance services. Operates on a monthly subscription model which varies from market to market. Partners include Amazon CloudFront, Gracenote, and SpotX among others.

Founded

2012

Location

Stockholm (Sweden)

Investors

Varenne Investment

Acast
Acast

App based podcast aggregator

Disclosed Funding

USD 67M

Acast is a provider of a podcast aggregator that enables users to follow, share and connect with podcasters around the world. It enables podcasters to upload their podcasts. Also enables producers to host podcasts and monetize them through its ad-supported platform. Has launched a product “Acast Access” for paywalled content distribution. Also offers solutions to track and measure campaigns. Available for Android and iOS platforms.

Founded

2014

Location

Stockholm (Sweden)

Investors

Ny Teknik, Inbox Capital and 5 Other Investors

Syncron
Syncron

Cloud-based after-sales service management solutions

Disclosed Funding

USD 67M

Syncron provides a suite of aftermarket service optimization solutions in the fields of inventory management, price management, order management, and master data management, primarily to manufacturing and distribution companies. Product offerings include ‘Syncron Inventory’ – an inventory optimization solution for service/spare parts, ‘Syncron Price’ – a pricing engine for service parts, ‘Syncron Order’ – an order management solution for after-sales services, ‘Syncron Uptime’ – IoT-enabled predictive maintenance solution for equipment, ‘Syncron MasterData’ – an MDM & BI solution, and ‘Syncron Analytics’ – an end-to-end analytics solution for data-driven insights. Caters to multiple domains including aerospace & defense, agriculture, automotive, electronics, energy, medical & industrial equipment, mining & construction, oil & gas, rail & shipping, and logistics.

Founded

1999

Location

Stockholm (Sweden)

Investors

Summit Partners, Ture Invest, TechnoRocks

Saltside
Saltside

Creates online classifieds websites in developing countries

Disclosed Funding

USD 65M

Saltside Technologies develops and operates websites in emerging markets, with a special preference for online classified sites. They have three of them – ikman.lk in Sri Lanka, Bikroy.com in Bangladesh and Tonaton.com in Ghana. They are the biggest classified sites in their markets. They have offices in each country they operate in. Their development team sits in Bangalore, India and Colombo, Srilanka. Saltside Technologies is backed by Investment AB Kinnevik

Founded

2011

Location

Gothenburg (Sweden)

Investors

Hillhouse Capital Group, Brummer Orthodontics, Kinnevik and 2 Other Investors

Automile
Automile

Integrated solutions for fleet management & vehicle tracking

Disclosed Funding

USD 56M

Automile provides integrated hardware & software solutions for fleet management and vehicle telematics. The solution consists of a plug-and-play OBD-device and its corresponding fleet management platform. The solution covers aspects such as real-time location tracking, FMCSA-certified HOS (Hours of Service) management, route planning & optimization, geofencing, vehicle inspections & maintenance management, driver identification & keyless entry, task assignment & driver messaging, expense tracking & management, fuel management & mileage tracking, and incident management among others. It is available for a monthly subscription fee depending on the number of vehicles along with a one-time fee for the device. Caters to multiple industries including agriculture, construction, transportation/logistics, and utility service fleets.

Founded

2013

Location

Palo Alto (United States), Stockholm (Sweden)

Investors

Insight Venture Partners, SaaStr, Dawn Capital and 7 Other Investors

Quinyx
Quinyx

Cloud-based workforce management software

Disclosed Funding

USD 53M

Quinyx is cloud-based workforce management software. Features include scheduling, task management and tracking of employee process, pay calculation, absentees overview, staff planning, optimized scheduling and forecasting, communication through Qmail, text messaging, etc. Clients include Gant, Hilton, Benugo, Hestia Care, Burger King, etc.

Founded

2005

Location

Stockholm (Sweden)

Investors

Battery Ventures, Zobito, Alfven and Didrikson

Readly
Readly

Online digital newsstand

Disclosed Funding

USD 47M

Readly is an online digital newsstand. It enables users to read digital newsstands and magazines through the login or mobile application. Users can read news & articles based on various topics such as fashion & lifestyle, travel, and more. It provides features such as offline reading and sharing the subscription plan with friends/family on up to 5 devices. Available for iOS and Android devices.

Founded

2013

Location

Stockholm (Sweden)

Investors

AP3, Zouk Capital, Swedbank Robur and 5 Other Investors

G-Loot
G-Loot

eSports competitive gaming platform

Disclosed Funding

USD 43M

G-Loot is an online eSports competitive gaming platform that allows gamers to play games via mobile, tablet, and PC/desktop platform and win cash prizes. Offers automated Windows desktop app with anti-cheat, secure transactions, instant stats, and replays. Also broadcasts eSports gaming videos to the gamers through Twitch. Partners include Turborilla, Plantronics, Twitch, and others.

Founded

2012

Location

Stockholm (Sweden)

Investors

Swedbank Robur, Norron, Inbox Capital and 5 Other Investors

Soundtrack Your Brand
Soundtrack Your Brand

Music streaming solution provider for businesses

Disclosed Funding

USD 42M

Soundtrack Your Brand is a provider of music streaming solution for businesses. Offers unlimited music streaming, scheduled playlists that can be customized at different venues, social features, and business support among others. Features include the facility to play a customized soundtrack based on the mood, energy levels, beats, genres and decades and explicit-lyrics filter. Available for Android, iOS, and Windows platforms. Pricing is based on monthly usage.

Founded

2013

Location

Stockholm (Sweden)

Investors

Telia Company, Northzone, Creandum and 10 Other Investors

Natural Cycles
Natural Cycles

Provider of an app to track fertility

Disclosed Funding

USD 38M

Natural Cycles offers a mobile app to keep track of ovulation cycle to find out the ovulation day. The app takes a daily measurement of body temperature as input and based on the changes in temperature suggests when the women are expected to be fertile during the ovulation cycle. The Company’s product received CE mark approval.

Founded

2013

Location

Stockholm (Sweden)

Investors

EQT Ventures, Sunstone, e.ventures and 2 Other Investors

Peltarion
Peltarion

Operational AI platform for the deployment of neural network

Disclosed Funding

USD 37M

Peltario provides an operational AI platform to develop neural network based software for industrial use cases. The platform is known as the Synapse which is a Microsoft.NET framework-based development environment for neural networks and adaptive systems. It allows data mining, statistical analysis, visualization, design and training of neural networks and adaptive systems and the deployment of them. It features four different operating modes preprocessing, development/design, training, and post-processing/deployment. Claims that the speed at which AI systems can be built and deployed on the operational platform in orders of magnitude is faster than industry tools like TensorFlow. Clients include NASA, Tesla, General Electric, Dell, BMW, Deutsche Bank, Lloyds Banking Group, and the Universities of Harvard, MIT and Oxford among many.

Founded

2004

Location

Stockholm (Sweden)

Investors

EQT Ventures, FAM

ORBITAL SYSTEMS
ORBITAL SYSTEMS

Digital water recycling shower system

Disclosed Funding

USD 32M

Orbital Systems has developed a digital shower water recycling solution. They offer a shower system ‘The Oas’ which consists of a smart sensor which analyzes water 20-times per second, disposes of dirt particles, water is purified using micron & ultra-violet purifier and then the purified water is reheated & circulated to shower. Real-time usage & savings of water are communicated to a cloud network which can be analyzed through a mobile application. Also, individual shower details, energy savings & filter status can be viewed.

Founded

2012

Location

Malmo (Sweden)

Investors

European Investment Bank, Sandberg Development, Niklas Zennstrom and 9 Other Investors

Zenterio
Zenterio

TV and OTT content delivery solutions provider

Disclosed Funding

USD 30M

Zenterio provides TV and OTT content management and delivery solutions for operators. Offers Zenterio OS, a hardware-independent OS that provides TV and interactive digital services. It also provides cloud-based solutions for content aggregation, data & analytics, home automation integrations, etc. Features include search and recommendation, multiscreen viewing, music services, interactive advertising, and social interactivity.

Founded

2002

Location

Linkoping (Sweden)

Investors

Harbert Management, Scope Capital Advisory

Rebtel
Rebtel

Mobile application for calling and messages

Disclosed Funding

USD 28M

Rebtel is a mobile application for calling and messages. It allows users to make affordable local and international calls and messages over the 3G/4G, Wi-Fi or local phone lines. Its features include the ability to invite friends & earn calling minutes and send international mobile top-ups to friends and family members. The app is available for iOS and Android devices.

Founded

2006

Location

Stockholm (Sweden)

Investors

Balderton Capital, Index Ventures

That’s all folks!! To know more, visit tracxn.com

Copyright @ 2019, Tracxn Technologies Private Limited. All rights reserved.

The Soonicorn Club of Germany: The Top Tech Companies To Watch Out For

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Germany has one of the most vibrant startup cultures in mainland Europe, with a national reputation for fostering innovation and entrepreneurial talent all across the continent. This reputation far precedes the startup era with Germany being a science and technology powerhouse since the early twentieth century.

In terms of sheer size, Germany is the largest economy in Europe and the fifth largest in the world. The government actively supports innovation and entrepreneurship and undertakes multiple initiatives to improve access to capital for startups and small businesses.

The German capital of Berlin is the hub for entrepreneurs, providing a diverse and inclusive ecosystem with world-class startup ecosystem. Munich and Hamburg are rapidly picking up pace with a rising number of startups based in these cities.

With over 11K+ tech startups, including 1000+ public ones, Germany is the nervecentre of the European startup ecosystem in the new world order of the millenium. .

We, at Tracxn, keep a track of the latest happenings in the world of startups and their associated ecosystems – including venture capital funds, private equity funds and investment banks amongst others.

In this edition, we have the ‘Soonicorn Club of Germany’ – an exclusive list of the most promising German startups that have also reached significant valuation milestones over the previous few years.

The Unicorns

Unicorns, with their valuations exceeding the billion dollar mark, and even multi-billion mark in a few cases, represent the crème de la crème of the German tech startup companies.

BioNTech
BioNTech

Developer of vaccines for treating multiple cancers

Disclosed Funding

USD 1.40B

BioNTech is an immunotherapy company that researches, develops and manufactures individualized immunotherapies for treating cancer and other diseases. Its focus is on technologies ranging from individualized mRNA-based medicines through Chimeric Antigen Receptors /T-cell Receptor-based products and antibody checkpoint immunomodulators. Its drug pipeline includes several vaccines for different cancers such as melanoma, head & neck cancer, breast cancer (all in phase I or phase II). The company has its own proprietary platform for developing mRNA drugs, T cell therapies, engineered nanoparticles for cancer immunotherapy, and small molecules. In addition, the company develops, manufactures and commercializes biomarker-based in vitro diagnostic devices. The company has launched RNXtract, a sample preparation, and companion diagnostic kit called MammaTyper. It is a molecular IVD kit that allows the classification of breast cancer tumor subtypes by quantitative determination of mRNA expression of ER, PR, HER2, and Ki-67 in FFPE tissues.

Founded

2008

Location

Mainz (Germany)

Investors

Fidelity Investments, Redmile Group, Invus Group and 11 Other Investors

Medici Living
Medici Living

Provider of branded rental accommodations

Disclosed Funding

USD 1.13B

Medici Living provides fully-managed rental housing services. The company also provides co-living spaces. Additionally, it also provides furnished living spaces. Tenants can search & book accommodations on monthly rental plans via the online platform.

Founded

2012

Location

Berlin (Germany)

Investors

AUTO1.com
AUTO1.com

Online distributor of used cars

Disclosed Funding

USD 657M

Auto1 is an online wholesale dealer of used cars with its own inventory. Claims to be a brand-independent distributor offering inspected and certified used cars to dealers across Europe. Also offers a digital remarketing platform helping dealers to auction vehicles in a B2B trading environment. Dealers can part exchange any vehicle at fixed prices or sell directly to the platform under its zero-risk-trade program. The company sources its inventory from multiple channels including OEMs, dealerships, and its own business units.

Founded

2012

Location

Berlin (Germany)

Investors

SoftBank Group, Target Global, Baillie Gifford and 6 Other Investors

GetYourGuide
GetYourGuide

Online marketplace for tours & activities from professional tour operators

Disclosed Funding

USD 655M

GetYourGuide is an online marketplace for tours/activities across the world, from local professional tour operators. It aggregates & categorizes tours and activities on a platform that offers price coupons, last minute & along with regular bookings from tour operators. Additionally, the back-end also enables users to manage their offerings, bookings, & payments on its centralized platform. Its mobile app is available for iOS and Android devices. Monetizes through commissions on bookings.

Founded

2009

Location

Berlin (Germany)

Investors

SoftBank Vision Fund, Temasek, Lakestar and 15 Other Investors

N26
N26

Mobile-first bank for consumer & businesses

Disclosed Funding

USD 513M

N26 provides mobile-first bank for consumers and businesses. It enables users to open a bank account along with a MasterCard and a mobile application for managing finances. It features 3D secure Mastercards for fraud prevention. Its app enables users to send, receive, & request money, and to make an international money transfer with TransferWise. Also offers business banking solutions for freelancers and self-employed.

Founded

2013

Location

Berlin (Germany)

Investors

Insight Venture Partners, GIC, Earlybird Venture Capital and 18 Other Investors

CureVac
CureVac

Developer of mRNA-based therapeutics against cancer and infectious diseases

Disclosed Funding

USD 335M

CureVac develops Messenger RNA (mRNA) based therapeutics against cancer and infectious diseases. The company has designed and developed the RNAntibody to enable prolonged expression of functional antibodies and antibody-like proteins from mRNA. CV9104, in Phase I clinical trials, is an investigational therapeutic vaccine for patients with prostate cancer. The vaccine is injected into the skin and is designed to stimulate the body’s immune system to destroy prostate cancer cells. CV9202, in Phase I clinical trials, is an investigational therapeutic vaccine for patients with non-small cell lung cancer. CV9202 targets six tumor-associated antigens, namely 5T4, Mage C1, Mage C2, NY-ESO-1, Survivin, and MUC1.

Founded

2000

Location

Tubingen (Germany)

Investors

CEPI and 7 Other Investors

Omio
Omio

Online platform for booking transport services

Disclosed Funding

USD 296M

Omio (formerly known as GoEuro) is an online platform to discover & book train, bus & flight tickets, primarily for European destinations. Users can search & compare different train, bus and flight routes available between the two destinations and book train, bus & flight tickets (including that of public transport) from multiple partner operators (includes SNCF, Trenitalia, EasyJet, and DB among others) after providing relevant details. Also provides information on accommodation booking in partnership with Booking.com. Its mobile app is available for iOS and Android devices.

Founded

2013

Location

Berlin (Germany)

Investors

Kinnevik, Temasek, Hillhouse Capital Group and 16 Other Investors

Celonis
Celonis

Software to analyze business optimization

Disclosed Funding

USD 78M

Celonis offers software to analyze business process optimization. The product identifies inefficient process and displays it on a dashboard. The company uses data mining techniques, visualizations, machine learning techniques and predictive analytics to capture insights that are generated on the dashboard. Its clients are Siemens, KPMG, Deloitte, Bayer and Vodafone among others.

Founded

2011

Location

Munich (Germany)

Investors

Accel, 83North, Cross Continental Ventures

The Soonicorns: Companies You Need to Watch Out For

The Soonicorns – soon to be Unicorns – are the handful of highly valued startups which have successfully grown out of their nascency to attract valuations of over a few hundred millions. Watch out for these companies in the coming years as they take on the journey to becoming the elite Unicorns.

Kreditech
Kreditech

Micro loans provider

Disclosed Funding

USD 282M

Kreditech provides a direct lending platform for customers. It offers multiple products- Kredito24 for interest-free fixed-term loans and 30-day microloan for customers to finance their purchases; Monedo Now for installment loans at zero percent financing; and LaaS for e-commerce loans at zero percent financing. Its partners include PayU, VOX, Apart, Allegro, Travelist, etc.

Founded

2012

Location

Hamburg (Germany)

Investors

PayU, Rakuten, IFC and 21 Other Investors

Glycotope
Glycotope

Developer of Glyco-optimized antibodies and provider of contract research and manufacturing services.

Disclosed Funding

USD 270M

Glycotope develops therapeutics based on glycosylation structures, as well as antibodies against glyco-epitopes on cancer cells. Its leading candidate GlycoBody PankoMab-GE is a proprietary antibody that is currently in phase 2 of clinical trials for ovarian and lung cancer. Other antibodies include EGFR antibody CetuGEX, glyco-optimized cetuximab for head and neck cancer; TrasGEXm, a Glycotope’s HER2 antibody for gastric cancer; and others. It also offers a wide range of analytical, manufacturing and other research services. It also offers immune function assay kits based on flow cytometry procedures.

Founded

2001

Location

Berlin (Germany)

Investors

Octapharma, Eckert Life Science Accelerator, Octapharma Plasma

Adjust
Adjust

Mobile attribution and analytics for app marketers

Disclosed Funding

USD 256M

Adjust offers an open source SDK that enables app developers to track and analyze things like user acquisition, feature releases, and user lifetime cohorts. Also enables the tracking of interactions in the app in real time to see how users engage over their full lifetime. Clients include some of the world’s largest brands such as Baidu, Deutsche Telekom, Universal Music, Spotify, and Viacom.

Founded

2012

Location

Berlin (Germany)

Investors

Highland Europe, Morgan Stanley, Sofina and 5 Other Investors

BestSecret
BestSecret

Online shopping platform using private-sales

Disclosed Funding

USD 248M

BestSecret is an online shopping platform using private-sales. Members are recommended for inclusion by select premium partners via invites that are generated by sellers or other members. It provides clothing and fashion accessories for women, men & kids. The products are sold at discounted prices to its registered members.

Founded

2007

Location

Aschheim (Germany)

Investors

Ardian

Immatics
Immatics

Developing T -cell based immunotherapies for treatment of cancer

Disclosed Funding

USD 236M

Immatics is developing T-cell based immunotherapies for cancer treatment. Its propriety platform XPRESIDENT is involved in identifying and validate antigens (tumor-associated peptides) specific to cancer cells and subsequently develops adoptive cell therapies and bispecific TCRs for treating cancer. IMA101, using its proprietary ACTolog approach, which is T-cell products generated from peripheral blood cells with defined target selectivity. The candidates are in phase 1 of the clinical trial.

Founded

2000

Location

Tubingen (Germany)

Investors

Wellington Partners Venture Capital, Dievini, Amgen Business Development and 13 Other Investors

Signavio
Signavio

Web-based business process management software

Disclosed Funding

USD 230M

Signavio is a SaaS-based business process and decision management software. Its offering helps companies model, analyze and optimize business processes and decisions. Its Process Editor combines BPM and social networking, thereby makes collaboration easier. It helps increase transparency in business by making sure that all the processes adhere to compliance regulations. Clientele includes Rossmann, Hirslanden, Privera, and Consensus.

Founded

2009

Location

Berlin (Germany)

Investors

Apax Partners, Summit Partners, Deutsche Telekom Capital Partners

Raisin
Raisin

Marketplace for term deposits

Disclosed Funding

USD 200M

Raisin is a Berlin-based fintech startup which operates an online marketplace for fixed-term deposits in Germany. They help customers to conveniently access term deposit products from their partner banks across Europe and secure better interest rates. For their partner banks, they provide easy and scalable access to alternative funding pools at low and variable cost. The customer has to open an account with Keytrade Bank on signup. After account validation, customer can browse through and select from different term deposit options. At the end of the term, deposit amount and interest are automatically transferred back to raisin account. It earns revenue as a commission from partner banks.

Founded

2013

Location

Berlin (Germany)

Investors

PayPal, Index Ventures, Thrive Capital and 9 Other Investors

JenaValve Technology
JenaValve Technology

Provider of pericardial transcatheter aortic valve replacement and delivery system

Disclosed Funding

USD 186M

JenaValve is providing Pericardial Transcatheter Aortic Valve Replacement (TAVR) for transapical and transfemoral delivery. The product includes a root valve sewn onto a stent and a delivery system. The product received CE approval for the treatment of aortic valve stenosis for treatment of patients suffering from the aortic valve. insufficiency.

Founded

2006

Location

Irvine (United States), Munich (Germany)

Investors

Valiance, Atlas Venture, Gimv and 7 Other Investors

wefox
wefox

Insurance policy management platform

Disclosed Funding

USD 158M

Wefox is an insurance policy management platform that helps users optimize their insurance policies. The platform enables customers, brokers and insurance companies to manage insurance products and business processes. Users can view their policies and compare them with other available policies. Wefox experts help customers find insurance products based on their requirements. Insurance brokers can automate their administrative tasks through the platform.

Founded

2014

Location

Berlin (Germany)

Investors

Mubadala, Horizons Ventures, Idinvest Partners and 12 Other Investors

Isarna Therapeutics
Isarna Therapeutics

Developer of TGF-B inhibitors based therapies for ophthalmic, fibrotic diseases and cancer

Disclosed Funding

USD 158M

Isarna Therapeutics develops TGF-B inhibitors that stimulate the human immune system to effectively treat ophthalmic, fibrotic diseases cancer. Its lead product ISTH0036 for ophthalmology is undergoing Phase 1 trials. Other candidates include ISTH1106 for fibrosis, ISTH0047, and ISTH1047 for oncology which are in pre-clinical stage. Its leading candidate ISTH0036 is a locked nucleic acid-modified antisense oligonucleotide selectively targeting the messenger ribonucleic acid (mRNA) of TGF-β2. The company received FDA orphan drug designation for ISTH0036, for the prevention of scarring post glaucoma filtration surgery.

Founded

1998

Location

Munich (Germany)

Investors

Global Asset Fund, MIG Fonds, Newtec and 6 Other Investors

Frontier Car Group
Frontier Car Group

Builds & runs C2B marketplaces for used cars in emerging markets

Disclosed Funding

USD 153M

Frontier Car Group builds and runs digital used car marketplaces in emerging markets across the world. Some of its C2B marketplaces include Vendenos tu Auto in Chile, VendeTuAuto in Mexico, Cars45 in Nigeria, Ototrink in Turkey, CarFirst in Pakistan, and BeliMobilGue in Indonesia. Its marketplaces enable sellers to get online quotes with instant pricing, schedule physical inspections and one of its inspection centers, and get a competitive offer from the dealer network. The company also offers a range of B2B and B2C financial products.

Founded

2016

Location

Berlin (Germany)

Investors

Olx Group, Balderton Capital, TPG and 17 Other Investors

HomeToGo
HomeToGo

Meta-search platform for vacation rentals

Disclosed Funding

USD 150M

HomeToGo is an online metasearch platform to discover vacation rentals and hotels. The platform enables users to search, discover and compare vacation rentals and hotels from multiple OTAs/accommodation providers/travel websites (including Booking.com, HomeAway, VacationRentals.com, everystay, VRBO & e-domizil) by providing relevant details. Users are then redirected to the corresponding service providers’ website to complete the bookings. Its mobile app is available for iOS and Android devices.

Founded

2014

Location

Berlin (Germany)

Investors

Insight Venture Partners, Acton Capital Partners, DN Capital and 4 Other Investors

Deposit Solutions
Deposit Solutions

Open architecture platform for retail deposits

Disclosed Funding

USD 150M

Deposit Solutions offers an open architecture platform that allows banks to gather retail deposits from across Europe onto their home balance sheet without requiring a proprietary local retail infrastructure. It allows European banks which seek money (Product Banks) to list their savings offers on an open architecture platform and at the same time allows retail banks (Client Banks) to market all savings products listed by other banks on the platform to their own clients. Bank’s clients can use all savings offers with just their one account at their Client Bank and do not need to open numerous new accounts at other banks. Deposit offers from Product Banks are listed on the Deposit Solutions platform and marketed to savers in their respective local markets through 1)A closed network of local Client Banks (COMONEA channel) 2) Open marketing channels (retail channel ZINSPILOT).

Founded

2011

Location

Hamburg (Germany)

Investors

Vitruvian Partners, Kinnevik, E.ventures and 10 Other Investors

solarisBank
solarisBank

API provider for banking platform development

Disclosed Funding

USD 149M

solarisBank is a tech company with a German banking license offering an API-accessible banking platform. It enables digital companies to create custom services as per their requirements. It offers various services such as payment services for the marketplace, issuing vouchers, e-money and escrow solutions. It also offers banking services, a suite of banking services through APIs, support for account creation and maintenance, transaction services, as well as deposit and credit business. It also provides add-on services, AML/KYC-compliant identification etc.

Founded

2016

Location

Berlin (Germany)

Investors

FinLeap, Arvato Systems, SBI Holdings and 8 Other Investors

Dreamlines
Dreamlines

Online marketplace for cruises

Disclosed Funding

USD 143M

Dreamlines is an online platform to book cruises. The company partners with cruise/shipping operators (including MSC, Nicko, TUI, Celebrity Cruises, Costa, and Hapag Lloyd) and enables users to search, compare & book cruises on the platform after providing relevant travel details. Additionally, the platform also provides end-to-end information on ships, cruise routes, ports, and customer reviews. Its mobile app is available for iOS and Android devices.

Founded

2012

Location

Hamburg (Germany)

Investors

Global Ports Holding, Princeville Global, HV Holtzbrinck Ventures and 11 Other Investors

ICW
ICW

Provider of interoperability solutions for the healthcare organisations

Disclosed Funding

USD 141M

InterComponentWare provides interoperability solutions for healthcare organizations. The company develops eHealth suite platform that enables healthcare organizations to optimize their patient’s medical records for better care and patient engagement solutions. Their solutions include continuity-of-care information at the point of care, optimizes transitions of care, plans and manages hospital discharges to reduce readmissions, and also gives access to the patient’s longitudinal record by enabling data-driven electronic conversation. They also offer image and document exchange solutions and gives access to patient and provider portal for health record management solutions.

Founded

1998

Location

Walldorf (Germany)

Investors

EnBW

smava
smava

Comparison platform for consumer credit products

Disclosed Funding

USD 135M

Smava is an aggregator of loan products and a credit marketplace. It provides comparison platform for personal loans, annuity, line of credit, and car loans. It features a credit calculator and debt restructuring advisory services. It enables users to compare and buy loan online. Its partners include Barclaycard, ING, Postbank, CarCredit, Santander, etc.

Founded

2007

Location

Berlin (Germany)

Investors

Vitruvian Partners, Runa Capital, Mojo.capital and 16 Other Investors

INFARM
INFARM

Developer of IoT-powered indoor hydroponic vertical farms

Disclosed Funding

USD 129M

Infarm is a developer of IoT-powered indoor hydroponic vertical farms. It develops and installs IoT-powered indoor vertical farming systems at retail spaces, bars, restaurants, and distribution warehouses to grow herbs and vegetables. The in-farm sensors collect and record the farm data and allow users to remotely monitor crop growth from smartphones. It has partnered with major food retailers including Edeka, Metro, Migros, Casino, Intermarche, Auchan, Selgros, and Amazon fresh to deploy their modular farms. Has won the Vision Award Competition in 2016 and stood as a finalist in World Changing Ideas Awards 2017 for its modular farm design.

Founded

2013

Location

Berlin (Germany)

Investors

TriplePoint Capital, Atomico, Balderton Capital and 9 Other Investors

Heliatek
Heliatek

Manufacturer of organic solar films

Disclosed Funding

USD 117M

Heliatek is a manufacturer of organic-based solar photovoltaics & other variety of solar panels including transparent panels, ultra-thin panels, ultra-light, colored panels, and others. Claims that these solar films can be incorporated with cement, glass, PVC and metal substrate without affecting the aesthetic beauty of the structure.

Founded

2006

Location

Dresden (Germany)

Investors

Aqton, BASF, BNP Paribas and 15 Other Investors

SpotCap
SpotCap

Loan financing platform for businesses

Disclosed Funding

USD 117M

SpotCap provides a loan financing platform for small and medium-sized businesses. It enables users to apply for a loan by filling the application form and uploading documents for tax, accounting, and bank information. Its partners include FBAA, KPMG, and AFG.

Founded

2014

Location

Berlin (Germany)

Investors

Heartland, Finstar Financial Group, HV Holtzbrinck Ventures and 4 Other Investors

Novaliq
Novaliq

Developer of reformulation of drug for ocular therapeutics

Disclosed Funding

USD 115M

Novaliq is developing reformulated drug products based on semi-fluorinated alkanesfor ocuar therapeutics. Its proprietary platform uses semi-fluorinated alkanes as a delivery alternative to water, and drug carriers being perfluorohexyloctane and perfluorobutylpentane. The company has an approved OTC product called NovaTears to cure a mild dry eye. In addition, the company has another compound called CyclASol for a severe dry eye which in phase 3 trials. Its a non-aqueous and preservative-free formulation containing cyclosporine.

Founded

2007

Location

Heidelberg (Germany)

Investors

Dievini

Curetis
Curetis

Provider of molecular diagnostics platform to detect infectious diseases

Disclosed Funding

USD 112M

Curetis provides a molecular diagnostics device to detect infectious diseases. The company focuses on multiparameter testing of many analytes in a single run, providing broad panels of combined pathogen and resistance gene detection for a wide range of diseases. The company develops the Unyvero A50 System for the detection of bacterial infections using PCR technology in hospitalized patients. Using a variety of cartridges, diseases such as pneumonia or implant and tissue infections can also be diagnosed within 4–5 hours.

Founded

2007

Location

Holzgerlingen (Germany)

Investors

Yorkville Advisors, European Investment Bank, BioMedPartners and 8 Other Investors

Tado
Tado

Smart AC management device provider

Disclosed Funding

USD 107M

Tado is a smart AC management device provider. Claims to have developed an IR device that can control AC from a remote control. Users can remotely control their AC using the app. The device recognizes the user presence and sets up the temperature accordingly.

Founded

2011

Location

Munich (Germany)

Investors

E.on, Total, Energy Innovation Capital and 13 Other Investors

Lilium
Lilium

Developer of electric jet with VTOL capabilities

Disclosed Funding

USD 101M

Lilium is working towards developing an all-electric jet with VTOL (Vertical Take-Off and Landing) capabilities. As per the company’s claims, its five-seater jet (4 passengers + 1 pilot) would be able to reach a max speed of 300 km/h and a range of 300 km. The company is developing a network of landing pads across cities/regions and plans to roll out its aerial mobility services by 2025. Passengers can locate a nearby available landing pad and plan their journey via an app.

Founded

2015

Location

Wessling (Germany)

Investors

Tencent, LGT Group, Atomico and 6 Other Investors

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