Join Transform 2021 this July 12-16. Register for the AI event of the year.


Here’s a list of today’s tech funding stories, updated as the day unfolds. Tip us here if you have a deal to share.

Alibaba names Gobi Partners its investment manager for $130M Hong Kong startup fund

China’s ecommerce giant Alibaba on Thursday named Gobi Partners its first investment manager for a new HK$1 billion ($130 million) not-for-profit fund aimed at Hong Kong entrepreneurs and startups.

Alibaba chief executive Jack Ma — who yesterday took to a panel with U.S. President Barack Obama — first announced plans for the fund back in February, but it looks as though it’s officially been launched today.

Read more

UK financial tech startup SalaryFinance raises $6.1M from Brightbridge Ventures

Brightbridge Ventures gave $6.1 million to financial tech startup SalaryFinance for its latest funding round, the UK-based company announced today.

Founded by Dan Cobley, formerly managing director at Google UK, SalaryFinance offers a financial benefit service for employees that allows them to pay personal debts directly from their paycheck at low interest rates, the company said.

Read more

Cloud security startup Zenedge raises $4M led by Canada’s Telus

Zenedge announced today that it took in a $4 million series B round led by Canadian telecommunications company Telus. The San Jose, California-based startup said that it will use capital to expand its services in Canada and Europe by adding new DDoS mitigation services in Toronto and Amsterdam.

Read more

Nuzzel raises $1.7M for its social content curator that anyone can now use

Social news aggregator Nuzzel has raised $1.7 million in new funding from a bunch of individual investors including Salesforce chief executive Marc Benioff, Google’s Matt Cutts, SoftBank vice chairman Nikesh Arora, and others. This announcement comes as the company evolves its social aggregator product — it’s now available to everyone, meaning that you don’t need to have a Twitter account to use the service.

Read more

Kuddly, a company that charges $2 for professional pet advice, raises $1.5M

Marketplace for veterinarian services Kuddly announced today that it fetched a $1.5 million investment for its seed round in October. The investment came from Exponential Partners and will allow Kuddly to fuel growth and tech development, the startup said.

Read more

 

This list will be updated with breaking funding news all day. Check back for more.

VentureBeat

VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative technology and transact. Our site delivers essential information on data technologies and strategies to guide you as you lead your organizations. We invite you to become a member of our community, to access:
  • up-to-date information on the subjects of interest to you
  • our newsletters
  • gated thought-leader content and discounted access to our prized events, such as Transform 2021: Learn More
  • networking features, and more
Become a member