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.
Grocery delivery giant Instacart raises $220M at rumored $2B valuation
Instacart, the grocery delivery startup backed by Andreessen Horowitz, has reportedly raised a massive $220 million funding round. The company declined to comment on its rumored $2 billion valuation.
Car marketplace Beepi closes $12.7M round
Beepi, a peer-to-peer marketplace for selling used cars, today announced a $12.7 million raise from Yuri Milner, SAB Capital Management’s Scott Bommer, and 86 other investors via investment site AngelList. The company claims its round counts as “the largest syndicate in AngelList history.”
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Read more: Press release
Video chat startup VideoDesk raises $4.8M
VideoDesk, a provider of video chat technology for businesses and merchants, announced it has raised $4.8 million in seed funding from unnamed investors. The company will use the new funding to further improve its product and for customer acquisition.
Read more: Press release
Ostendo grabs $3M
Ostendo, a company developing chips that will give smartphones and other devices hologram capabilities, has raised $3 million in new funding (out of $15 million it’s seeking), according to a filing to the U.S. Securities and Exchange Commission. The company raised $70 million this past summer.
Read more: SEC
Stealth “smart devices” company InSensi raises $825,000
InSensi today revealed it has secured at least $825,000 in a public filing. The stealth, New York-based company claims it’s “working hard on the next generation of smart devices.”
Read more: SEC
This list will be updated with breaking funding news all day. Check back for more.
