Ceres Imaging raises $5 million to pinpoint crop stress for farmers

 Oakland, Calif.-based Ceres Imaging has raised $5 million in a Series A investment led by Romulus Capital. The startup uses cameras, sensors and software to pinpoint crop stress in the field for farmers, so that they can apply herbicides, pesticides and irrigation just where it’s needed. Ceres, like several other startups, started out with the notion to build a drone just for… Read More

Mya raises $11.4M Series A to streamline recruiting for retail, warehouse and call center jobs

 Recruiting is miserable. The experience lacks so many things: transparency, fairness, timeliness and so on that solutions to date have only addressed part of the problem. LinkedIn made the resume digital and put people in (mostly) one place. Others have created labor marketplaces and educational resources to “fix” hiring, but last time I checked hiring was still broken. With… Read More

Kreditech raises €110M from Naspers’ PayU in strategic financing partnership

 Kreditech, the German startup backed by Peter Thiel, Rakuten and the IFC that creates credit ratings and provides finance to people who may not otherwise have credit histories, has raised another round of funding from one of its strategic partners. PayU, the payments company owned by Naspers that is known by some as the “PayPal of emerging markets” — its business is mainly… Read More

Startups, you must raise this much to join the 1%

 Joining the exclusive club of one-percenters is hard, and, by definition, nearly every company fails to gain entry. For founders and investors alike, the heartening thing is that, in most cases, even a small seed and Series A round puts your company in the top half of startups founded in or after 2003. And there’s one good thing about being middle of the pack — you have plenty… Read More

Free streaming service Tubi TV grabs $20 million in new funding

 San Francisco-based Tubi TV has raised an additional $20 million for its advertising supported streaming service for TV and movies. Investors in the round are betting on the fact that the next big streaming competitor won’t be a direct rival to Netflix and others with a subscription-based business model, but rather a free service that offers a wide variety of titles for free viewing.… Read More

Cover raises $1.6 million to make in-law units easy to add to any back yard

 Whether you call them granny units, in-laws or backyard studios, accessory dwelling units are rising in popularity in the US, in part due to new regulations that make it easier to obtain permits to build them in California.
Now, a startup called Cover Technologies Inc. has raised $1.6 million in seed funding to give accessory dwelling units a high-tech makeover. General Catalyst and Khosla… Read More

Cabify nets $100M to take on Uber in Latin America, reportedly raising $400M more

 One more regional on-demand transport startup is raising a big round of funding to fortify itself for the next phase of competition against the likes of Uber and incumbent taxi firms. Cabify, the ride-sharing startup that operates in Latin America, Spain and Portugal, has raised just under $100 million in new funding ($99,999,994 to be exact), according to a Form D SEC filing for Maxi… Read More