)
Carbon3D gets $1 billion valuation
California-based three-dimensional printing start-up, Carbon3D, said it had raised $100 million in a round led by Google Ventures, Reinet Investments and Russian billionaire Yuri Miler, giving it a valuation of about $1 billion. The Series-C round also saw the participation from existing investors Sequoia Capital, Silver Lake Kraftwerk and Northgate Capital.
Lifesum to double user numbers
Swedish health start-up Lifesum is aiming to double its user base by early next year as its app gains popularity in the US, helped by integration with Apple watch. It seeks 20 million registered users by April, up from 11 million now, said chief executive Henrik Torstensson. Lifesum is up against bigger sporting-goods giants gobbling up apps that help users shed weight.
Fanuc backs Preferred Networks
Japanese robot maker Fanuc has announced a 900 million yen ($7.3 million) investment in Atlanta-based artificial intelligence start-up Preferred Networks. Fanuc, the world's largest maker of automation equipment, will use Preferred Networks' machine learning techniques to create robots that can independently detect and correct production flaws.
New genomics firm launched
Private equity firm Warburg Pincus is joining Sutter Hill Ventures and industrial gene sequencing company Illumina, with a commitment of $100 million, to foray into the world of custom genomics with the launch of a new company Helix. Helix is aiming to be a central repository for personalised genetic information. Illumina chief executive Jay Flatley will serve as chairman of the new company's board.
HR start-up gets funding
Indonesian human resource management platform Talenta said it had got an undisclosed funding from Silicon Valley-based Fenox Venture Capital and East Venture Capital. Talenta, which helps small and medium businesses manage human resource, is planning to deploy the proceeds to add human resources in sales and marketing. Founded in 2013 by Joshua Kevin, it intends to follow the software-as-a-service model and offer services to over 10,000 companies in the next five years.
If you have any information to share, please write to bsreporter@bsmail.in
