Startups got less investment funding in 2016

[dealmaker]

Skurt raises $10M to grow its rental-car delivery service
Skurt, the Los Angeles–based rental car delivery startup, reaped the money in Series A funding. The round was led by Upfront Ventures, which also led a $1.3 million seed round, andincluded a strategic investmentfrom BMW, as well as funding from Troy Carter's Cross Culture Ventures, Expansion VC, Greycroft and Magic Johnson.(TechCrunch)

 

[dealmaker]

San Mateo truck startup takes on Uber, Alphabet
Another entrant in the self-driving truck business unveiled what it's been up to on Friday, this one a San Mateo startup run by a 21-year-old robotics enthusiast. Embark is taking on Uber and Alphabet. (Silicon Valley Business Journal)

 

[RRY16]

https://www.theguardian.com/technol...crisis-has-americas-highest-paid-feeling-poor

 

[dealmaker]

Layer lands $15M in Series B funding
San Francisco-based Layer, which develops mobile communications software for the business market, said it raised $15 million in Series B funding. The funding was led by Greycroft Partners, and also included Microsoft Ventures and Salesforce Ventures. As part of the funding, Layer disclosed that it had acquired a messaging startup, Cola. (Techcrunch)

 

[dealmaker]

Fluxx Gets $16M
San Francisco-based Fluxx, which develops grant-management software for philanthropic organizations, announced this week that it has raised $16M in a Series B funding round. The funding was led by Canvas Ventures, and also included Kresge Foundation and Felicis Ventures. Jason Ricci is co-founder and CEO of Fluxx. (Silicontap)

 

[dealmaker]

Alibaba leads $18M round into AR car nav startup WayRay
A day after Intel bought autonomous car technology provider Mobileye, Alibaba led an $18 million funding round into WayRay, an augmented-reality car navigation startup. WayRay, based in Switzerland,builds heads-up displaysfor drivers, as well as fully augmented reality and virtual reality immersive systems intended for eventual use in self-driving cars.(Venture Beat)

 

[dealmaker]

Startup scores $52.5M to expand digital health platform
Livongo Health has received a $52.5 million investment tobroaden the reachof its digital health-management tools, including its flagship diabetes-management platform.The Mountain View, Calif.-based company will further develop its diabetes-management platform, expand the platform to include other conditions and move into international markets with the financing influx, according to CEO Glen Tullman.(Modern Healthcare)