Here’s a list of today’s tech funding stories, updated as the day unfolds. Tip us here if you have a deal to share.
Jet lands $350M with another $150M on the way
Amazon competitor Jet.com has raised a gargantuan new round of funding, giving the company a valuation of $1.5 billion.
Today, Jet announced the close of a $350 million raise from Fidelity, Alibaba, Bain Capital, and Google Ventures. The company is also in the process of raising another $150 million. When the next round closes, Jet will have raised $720 million in total.
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Kabuku raises $6M to further develop its 3D printing tech
Tokyo-based 3D printing startup Kabuku announced today that it closed a 750 million yen funding round ($6 million), Japanese website The Bridge reported.
Global Brain, Dentsu Digital Holdings, and Mitsui Sumitomo Insurance Venture Capital participated in the investment.
More: Kabuku
European smartwatch brand Vector Watch raises $5M to become the ‘industry standard’ in wearables
Vector Watch, a London-headquartered company that makes smartwatches that last for up to 30 days on a single charge, has raised a fresh $5 million in funding.
The round was led by Bucharest-based investor GECAD Group, with participation from Catalyst Romania and “a group of high net worth individuals.” The company had previously raised a $2 million seed round from GECAD Group in 2014.
This list will be updated with breaking funding news all day. Check back for more.
