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NEX raises $25M, launches Active Arcade to get people moving
NEX raises $25M, launches Active Arcade to get people moving
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Unicorn Nest news

NEX raises $25M, launches Active Arcade to get people moving

– NEX, a motion entertainment startup, raised $25m funding.
– The round was led by Blue Pool Capital and joined by Samsung Ventures, SparkLabs and Susquehanna.
– It brings NEX to a valuation of $100m.
– The company is building motion entertainment – content that encourages physical movement.

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Lucata raises $11.9M to accelerate graph analytics with specialized hardware
Lucata raises $11.9M to accelerate graph analytics with specialized hardware
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Unicorn Nest news

Lucata raises $11.9M to accelerate graph analytics with specialized hardware

– Graph analytics startup Lucata announced that it raised $11.9 million in series B funding, bringing its total raised to nearly $30 million.
Notre Dame, Middleburg Capital Development, Blu Ventures, Hunt Holdings, Maulick Capital, Varian Capital, Samsung Ventures, and Irish Angels participated in the round, which CEO Michael Mallick says will be put toward commercializing the company’s computing architecture for graph analytics and AI use cases.

Source
Genvid Holdings Raises $113M in Series C Funding
Genvid Holdings Raises $113M in Series C Funding
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Unicorn Nest news

Genvid Holdings Raises $113M in Series C Funding

– Genvid is a NYC-based provider of interactive livestreaming technologies and services.
– Company announced $113m Series C funding.
– The round was co-led by existing investors Valor Equity Partners and Atreides Management with participation from new investors Third Point Ventures, Cobalt Capital, LightShed Ventures, XN, and Lux Capital, existing investors Galaxy Interactive, Horizons Ventures, OCA Ventures (via OCA’s new growth equity fund), and Makers Fund and strategic partners Huya, NTT DOCOMO Ventures, and Samsung Ventures.
– The company intends to use the funds to establish Genvid Entertainment LLC, a new publishing subsidiary dedicated to producing Massive Interactive Live Events.

Source
Noom Announces $540 Million in Growth Funding to Further Accelerate Expansion of its Digital Health Platform
Noom Announces $540 Million in Growth Funding to Further Accelerate Expansion of its Digital Health Platform
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Unicorn Nest news

Noom Announces $540 Million in Growth Funding to Further Accelerate Expansion of its Digital Health Platform

– Noom announced its approximately $540m Series F funding led by Silver Lake.
– The round was also participated by Oak HC/FT, Temasek, and Novo Holdings.
– Existing investors Sequoia Capital, RRE, and Samsung Ventures also participated.
– Noom is a leading digital health platform focused on behavior change.
– The company applies a highly-differentiated, psychology-based approach to health and wellness by harnessing behavior change and technology to create long-term positive health outcomes.
– With more than a decade of research, innovation, and product development, Noom has attracted millions of global users to its powerful consumer-first platform.

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Israel’s electric powertrain maker IRP Systems raises a $31M Series C
Israel’s electric powertrain maker IRP Systems raises a $31M Series C
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Unicorn Nest news

Israel’s electric powertrain maker IRP Systems raises a $31M Series C

– IRP Systems, a maker of innovative electric powertrains for electric vehicles, raised $31m Series C funding.
– The round was led by Clal Insurance and Altshuler Shaham, which are Israeli institutional investors.
– Also participating was Samsung Ventures, Renault-Nissan importer Carasso Motors and Shlomo Group, as well as existing investors such as Entrée Capital, Fosun RZ Capital and JAL Ventures.
– The company will use the new case to scale the development of its systems for EVs and reduce the path to mass production, expand R&D, operations and customer support and make a push on global sales and marketing.

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