Naspers leads $210M round for Indian food-delivery startup | Funding round brings in $43M for cloud startup Nginx | Tech recruitment startup Hired raises $30M
June 21, 2018
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Naspers leads $210M round for Indian food-delivery startup
Swiggy, an Indian food-delivery startup that says it is running a fleet of 40,000 vehicles, raised $210 million in a funding round led by the media conglomerate Naspers, an early investor in China's Tencent. Sources said the transaction gave Swiggy a valuation in the vicinity of $1.3 billion.
TechCrunch (6/20) 
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Capital Call
Funding round brings in $43M for cloud startup Nginx
Nginx, a startup that develops and manages cloud-based "microservices," raised $43 million in its most recent funding round. The company will use the capital to continue product development and to build relationships with new partners.
VentureBeat (6/21) 
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Tech recruitment startup Hired raises $30M
Hired, a recruitment marketplace that matches tech workers with companies that need them, has received a $30 million investment from the Investment Management Corporation of Ontario. Corporate employers use Hired's platform to apply to hire workers, a reversal of the traditional approach.
VentureBeat (6/20) 
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Bossa Nova, maker of robots for retailers, brings in $29M
Bossa Nova, a startup that developed a robot that keeps an eye on retailers' shelves and notes when items need to be restocked, raised $29 million in its most recent funding round. Some of the money will be used to expand single-store trials.
Xconomy (6/21) 
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Meditation app startup Calm raises $27M
Calm, a startup whose app is intended to help users improve their sleep or reduce depression or anxiety, raised $27 million in a recent round. The company plans to use the money to step up global expansion.
VentureBeat (6/20) 
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View from Abroad
Ebook subscription service Blinkist raises $18.8M
Blinkist, a German startup that condenses popular nonfiction books and makes them available online on a subscription basis, raised $18.8 million in its most recent funding round. The company plans to hire country-specific managers and to begin offering products in languages other than German and English.
VentureBeat (6/20) 
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Self-driving vehicle startup Silexica raises $18M
Silexica, a German startup developing tools to be used in writing software for autonomous vehicles, as well as other types of complex software, raised $18 million in its most recent funding round. The company will use the money to further develop a product it calls SLX, as well as to build a platform for running complex software simulations.
VentureBeat (6/20) 
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Cash register software startup Tiller raises $13.9M
Tiller, a French startup that developed software that turns iPads into cash registers for restaurants, raised $13.9 million in its most recent funding round. The company plans to use the capital to expand beyond France and Spain, where most of its customers are now.
TechCrunch (6/20) 
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Corporate Venture Capital
Deep learning startup Bonsai bought by Microsoft
Microsoft has acquired Bonsai, a startup that creates deep learning tools to be used by businesses, to bolster its artificial intelligence capabilities. Bonsai's tools give people without AI experience the ability to teach autonomous systems how to carry out tasks.
VentureBeat (6/20) 
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NVCA News
NVCA Webinar: Programs for Deep-Technology Startups at the National Science Foundation
Join NVCA and the National Science Foundation (NSF) on Thursday, June 28, at 12 p.m. ET for a webinar diving into the agency's innovative programs that provide entrepreneurial training and seed capital to startups. During this webinar, NSF directors will discuss how they work with startups, what they've learned, and how this relates to the private investment ecosystem. Register here.
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Access the latest venture capital investment data
Each quarter, NVCA and PitchBook publish the PitchBook-NVCA Venture Monitor, the authoritative report on venture capital activity in the entrepreneurial ecosystem. The Venture Monitor provides a complete look at venture capital activity, reporting on fundraising, investments, exits and other relevant industry analysis. Read the latest report.
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