Big Health, the startup behind Sleepio, raises $12M to scale delivery of non-drug mental health solutions

Sleepio Today Big Health, which is already backed by Index Ventures, is disclosing that it has raised $12 million (£9.15m) in new funding led by Octopus Ventures. Also participating are Kaiser Permanente Ventures, Index, Sean Duffy (CEO, Omada Health), and JamJar Investments (the UK-based investment fund of the innocent drinks founders). Noteworthy is that Esther Dyson, and Peter Read are also… Read More

Zeek, a startup that lets you buy and sell unwanted gift vouchers, closes $9.5M Series B

Zeek Israeli startup Zeek, whose app lets you buy and sell unwanted store gift vouchers, has closed $9.5 million in Series B funding. The round was led by Scale-Up Venture Capital, with participation from long list of additional investors, some of which contributed to the company’s Series A early last year. They include Blumberg Capital, Qualcomm Incorporated (via its venture investment… Read More

PureLiFi scores £7M Series B to commercialize pulsating light-based Wi-FI alternative

Launch.ed, Edinburgh University.
ILG shortlist 2016.
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No reproduction without permission PureLifi, the University of Edinburgh spin out that is developing what it calls ‘LiFi’ technology, an alternative to Wi-Fi that uses modulating LED light as a way of sending data from one LiFi-equipped device to another, has raised just over £7 million in Series B funding. Leading the round is Singapore’s state-owned investment firm Temasek, while the startup says the new… Read More

FiveAI picks up $2.7M to build AI-driven software for autonomous vehicles

Founders FiveAI is a rather ambitious U.K. startup that’s building AI-driven software to help accelerate the development of autonomous vehicles. The young company wants to apply the latest developments in computer vision and AI/machine learning to enable self-driving cars to do more of the heavy-lifting regards to understanding and navigating their immediate environment. Read More