• IP platform PatSnap picks up $38M from Sequoia and Xiaomi founder's fund

    3 days ago - By Tech Crunch

    PatSnap , a Euro-Asian company that offers a patent and R&D platform and services, has pulled in a $38 million Series D funding round led by existing investors Sequoia and Shunwei Capital, the investment firm founded by Xiaomi co-founder and CEO Lei Jun. Southeast Asia's Qualgro also took part.
    All three backed the company in 2016 when it led an undisclosed Series C round. While PatSnap didn't give a figure for that previous round, it is saying this time around that it has raised over $100 million to date. Doing some quick via math via figures on Crunchbase suggests that the Series C was...
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  • Farmdrop picks up £10M Series B

    3 days ago - By Tech Crunch

    Farmdrop , the farmer-friendly online grocery platform based in the U.K., has picked up £10 million in new funding. New investors in this Series B round include LGT Impact Ventures (described as a growth equity investor that invests in businesses making a positive contribution to society), and Belltown Ventures, a renewable energy investment specialist with an interest in agricultural technology. Previous backer Atomico also followed on.
    Founded by ex-city broker Ben Pugh in 2014, Farmdrop originally launched as a ‘click and collect' service that let you order groceries online from...
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