Female-owned impacting ventures FS Card, CrowdJustice, and Bulletin round out this past week’s notable investing deals. Reid Hoffman of LinkedIn also notably led a $30 million funding raise for Change.org.
AeroFarms has raised over $34 million towards a targeted $40 million Series D, according to a SEC Filing. AeroFarms grows leafy greens using aeroponics, in a misting environment without soil using a novel combination of LED lights, and growth algorithms. Based in Newark, New Jersey in the U.S.
Bulletin – female and Millenial owned “WeWork for on-demand physical retail space for digital first retail stores, has raised $2.2 million in seed funding. Its timing is ripe given the continued disruption of the the retail industry amidst Amazon’s expansion. Based in New York, New York.
Coins – blockchain fintech provider of financial services for the unbanked in the Philippines and Thailand, has raised $5 million in VC funding. Huge opportunity providing banking services to the 73% of the 600 million consumers who remain underserved in banking in the region. Based in the Philippines.
CrowdJustice – female-owned crowdfunding platform focused on public interest litigation, has raised $2 million in seed funding and plans to expand to the U.S., where incarceration rates are the highest in the world. Based in London in the U.K.
Epic – provides children unlimited access to more than 25,000 curated, high-quality books and videos. Started in 2014, Epic has reached over 5 million children. Raised $8 million in Series C. Based in Redwood City, California in the U.S.
Fazla Gida – technology platform that gives supermarkets a quick and easy way to offer unsold products online to food banks and humanitarian organizations. Fazla Gida is among the 5 foodtech startups that won accelerator funding from the Good Kitchen. Based in Turkey.
Kaishuo Jianggushi, like Epic, a China-based online provider of children’s stories, has raised $13 million in new VC funding. The content platform, which includes a WeChat public account, a mobile app and audio shows, has six million users. Based in Shanghai.
Lemonaid Health – Imagine getting a doctor’s prescription for only $15 online. Its platform aims to provide medical services, prescriptions, tele-health over digital. Raised $11 million in Series A. Based in San Francisco, California in the U.S.
Outcome Health – an ad-based platform that plans to engage patients while they are thinking about their health, in their doctor’s waiting room or exam rooms. $500 million at a $5 billion pre-money valuation. Based in Chicago in the U.S.
Prumentum – wealth management startup has raised $25 million in Series A funding. With its acquisition of an equity stake in Plancorp, a reputable wealth management firm, it plans to create a Hybrid-Robo solution, pairing Artificial Intelligence and other cutting-edge technology with human advisors to provide personalized financial planning and wealth management services direct to consumers at scale. Based in San Jose, California in the U.S.
Spin – wants to bring dockless bike-share to the U.S., programs that are already popular in China and in Europe. Plans to roll out 100,000 bikes across the country. Raised $8 million in funding. Based in San Francisco, California in the U.S.
Tuandaiwang enables users to lend their savings at higher returns than traditional savings rates. The peer-to-peer lending platform claims that individuals and companies have borrowed around RMB78 billion ($11.4 billion) since launching. RMB1.8 billion ($262 million) pre-IPO investment round. Based in China.
Other Relevant News of Interest
LinkedIn co-founder Reid Hoffman led a $30 million funding of Change.org.
First Reserve is in talks to acquire the wind farms of Brazilian energy company Queiroz Galvao Energia, according to Bloomberg.
Actis has agreed to acquire the Brazilian wind farms business of Spain’s Gestamp Renewables, according to Bloomberg, in a deal that could be worth around $760 million.
The Bay area has become the global hub for faux protein.
Scale is the real barrier for cultured meat or artificial protein.
U.S. President Trump has decided to withdraw from the Paris Accord. We covered its significance last week. Tesla’s Elon Musk tweeted he would leave White House Councils as a result (see video).