Category: Fundings and Exits

Mojio raises another $7 million for its connected car platform

Vancouver, Canada-based Mojio started out as a connected car gadget and platform that wasn’t unlike Automatic and similar services. That approach didn’t really work out for the company, though, and in late 2015 Mojio pivoted from targeting consumers to going after the B2B2C market with a focus on its platform play. In the process, the company’s founder…

Danish banking app Lunar Way raises €4.2M

Danish banking app Lunar Way is one of a plethora of startups in Europe attempting to update the retail banking experience with a mobile-first offering. However, rather than securing a banking license of its own — à la challenger banks such as Monzo, Atom, Starling and Tandem in the U.K. — the Danish company is…

Honda invests in Southeast Asia-based Uber rival Grab

Southeast Asia’s Grab, a ride-sharing rival to Uber, has welcomed a new backer after Honda announced a strategic, undisclosed investment in the company today. Grab raised a $750 million round led by SoftBank at a valuation of $3 billion in September, yet still it is adding more backers. This deal is an extension of that huge…

Vesper grabs $15M to build a durable low-power mic that listens forever

As digital assistants like Siri and Alexa become more intelligent, there’s a growing need for them to always be accessible. Current microphone tech has been too power-hungry to keep permanently enabled. As a result, a new class of products, home assistants, like Amazon’s Alexa-enabled products and Google Home, have arisen as power-connected alternatives. Vesper is aiming…