Founders Fund backs Modumetal

Seattle-based Modumetal, a producer of nanolaminated metals and materials, has secured undisclosed funding. The investors included Founders Fund, Chevron Technology Ventures, BP Ventures and ConocoPhillips.


ZocDoc snaps up $130 mln

New York City-based ZocDoc, an online medical care scheduling service, has secured $130 million in funding. Baillie Gifford and Atomico led the round with participation from return backer Founders Fund.


Founders Fund leads $50 mln round in Radius

San Francisco-based Radius, a provider of business-to-business predictive marketing software, announced it has raised a $50 million round led by Founders Fund. Formation 8, Glynn Capital Management, Jerry Yang’s AME Cloud Ventures, Salesforce Ventures, BlueRun Ventures and Yuan Capital also participated in the round.


Visa backs VC-backed payments startup Stripe

Visa Inc has made an undisclosed investment in Stripe, a mobile and online payment provider. According to Crunchbase, Stripe’s backers include Sequoia Capital, Thrive Capital, Founders Fund, Khosla Ventures, Andreessen Horowitz and General Catalyst Partners.


Zesty collects $17 mln Series A

San Francisco-based Zesty, a healthy food delivery service, has secured $17 million in Series A funding, the company announced in a blog post on its site. Index Ventures led the round with participation from Founders Fund and Forerunner Ventures.



Formation 8, Foundation Capital co-lead $32.3 mln funding in Bolt Threads

Formation 8 and Foundation Capital have co-led a $32.3 million Series B funding round in Bolt Threads, which makes silk fibers based on proteins found in nature. Founders Fund participated in the funding. Bolt Threads, which has emerged from stealth, has raised a total of $40 million, including a Series A funding led by Foundation Capital.


Collective Health snags $38 mln Series B

San Mateo, California-based Collective Health, a self-insurance platform provider, has raised $38 million in Series B funding. Founders Fund and New Enterprise Associates led the round with participation from Formation 8, Redpoint Ventures, RRE Ventures, Subtraction Capital and Rock Health.


Rakuten invests $300 mln in Lyft

Rakuten Inc. said Thursday it has agreed to buy an 11.9 percent stake in Lyft. Rakuten said it is investing $300 million as lead investor of Lyft’s $530 million series E investment round. Other investors of the E round were not disclosed. San Francisco-based Lyft, a car-sharing app, has received backing from Andreessen Horowitz, Mayfield, Founders Fund, Coatue Management, Third Point Management and Alibaba.


SOLS rakes in $11.1 mln Series B

SOLS, a provider of 3D printing and custom mass-manufacturing technology, has closed $11.1 million in Series B funding. The investors included Founders Fund, Lux Capital, Tenaya Capital and Melo7 Tech Partners. In addition to the funding, SOLS has named Terdema Ussery, president and CEO of the Dallas Mavericks, to its board of directors.


Google and Fidelity invest $1 bln into SpaceX

SpaceX, a maker of rockets and spacecraft, has raised $1 billion in funding, the company confirmed in a post on its site. The investors were Google and Fidelity. As a result of their investment, Google and Fidelity will both own “just under 10 percent” of SpaceX. SpaceX is also backed by Founders Fund, Draper Fisher Jurvetson, Valor Equity Partners and Capricorn.To read the announcement, visit here.


Home network nabs over $65 mln

Home network has closed over $65 million in funding. The investors included Valor Equity Partners, Lowe’s Companies Inc, Founders Fund, Battery Ventures, Panorama Point Partners, Capricorn Investment Group and home improvement expert Ty Pennington. In addition to the funding, Antonio Gracias, CEO of Valor Equity Partners, has been appointed to Porch’s board of directors.


GGV Capital, DST lead $25 mln Series B funding in Boxed

GGV Capital and Digital Sky Technologies have led a $25 million Series B funding round in Boxed, a mobile app for wholesale club shopping. Other investors in the funding round include Founders Fund, AME Cloud Ventures, Vaizra Investments and early investors First Round Capital, Greycroft Partners and Signia Venture Partners. Jeff Richards, managing partner at GGV Capital, will join Boxed’s board.

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