Crunchbase Daily: Souche, Remitly, Shippo, Australian Unity, Guazi, Xiaozhu, Markforged - November 1, 2017

?utm_source=cb_daily&utm_medium=email&utm_campaign=20171101&send_email={EMAIL} November 1, 2017 [Share on Twitter ]( [Share on Facebook ]( mailto:?subject=See the Crunchbase Daily Lawmakers grill Facebook over Russia U.S. senators pressed Facebook’s chief lawyer on why the company did not catch 2016 election ads bought using rubles and how much it knows about its millions of advertisers. The grilling follows disclosures that roughly 126 million U.S. users may have seen content created by Russian government-backed trolls. Razer seeks up to $550M in IPO [Razer]( the maker of high-end PCs and peripherals for gamers, is set to raise as much as $550 million from its Hong Kong IPO. The company said in its prospectus that it doesn’t expect to be profitable for some time as it focuses on expanding its business. Early stage slowdown may cause ripple There appears to be a slow but [consistent hollowing-out]( of the seed and early-stage end of the U.S. startup deal pipeline. Crunchbase News has put together a series of charts visualizing the trends, which could point to a bearish turn in the venture investment cycle. InVision raises $100M for product design [InVision]( a developer of software for digital product design, announced that it has secured $100 million in a Series E funding round led by Battery Ventures and joined by new and existing investors. The financing brings total capital raised by the six-year-old, New York-based company to $235 million. For more stories, follow [@crunchbasenews]( on Twitter and check us out on [Facebook](. [ ] Recent Activity on Crunchbase [198]( [Funding Rounds Added]( [331]( [Acquisitions Recorded]( [$3.5B]( [Fundings Captured]( [9,360](?utm_source=cb_daily&utm_medium=email&utm_campaign=20171101&utm_content=recent_activity&utm_term=entities&send_email={EMAIL}) [Entities Updated](?utm_source=cb_daily&utm_medium=email&utm_campaign=20171101&utm_content=recent_activity&utm_term=entities&send_email={EMAIL}) [ ] [Advertise on Crunchbase]( Crunchbase Enterprise Arm your team with real-time company data to close deals faster. GET STARTED [ ] Featured Searches and Lists Name Type Entries [Seed rounds over $1M in 2017]( Funding rounds 1,439 [Companies raise over $100M in the last 3 months]( Funding rounds 120 [Select 2017 IPOs]( Companies 132 [More Featured Searches and Lists]( [ ] Recent Investments [Souche]( [$335M]( / [Series E](utm_mediumEmail--) Souche is a second-hand car trading service provider in China. The Hangzhou-based company has 330K monthly active users on its platform. Categories: Internet Services · Hardware · Commerce and Shopping · Consumer Electronics · Computer · E-Commerce · Internet Founders: [Junhong Yao]( Investors: [Alibaba]( (Lead), [Warburg Pincus]( [Cmb International]( [+ 1 more](utm_mediumEmail--) [Remitly]( [$115M]( / [Series D](utm_mediumEmail--) Remitly enables users to make international money transfers. The Seattle-based company has expanded its annual send volume to nearly $4B, up from $1B a year ago. Categories: Financial Services · Software · Payments · Mobile · Finance · FinTech · Mobile Payments Founders: [Shivaas Gulati]( [Josh Hug]( [Matt / Matthew Oppenheimer]( Investors: [PayU]( (Lead), [DN Capital]( [Draper Fisher Jurvetson (DFJ)]( [+ 1 more](utm_mediumEmail--) [Shippo]( [$20M]( / [Series B](utm_mediumEmail--) Shippo is a business shipping platform. The San Francisco-based company, which quietly raised the funding last spring, works with eBay, Ipsy, Martha Stewart, and 15K other customers. Categories: Transportation · Software · Commerce and Shopping · Shipping · E-Commerce · B2B · Logistics · Developer APIs Founders: [Simon Kreuz]( [Laura Behrens Wu]( Investors: [Union Square Ventures]( [SoftTech VC]( [Bessemer Venture Partners]( (Lead) More Investments Company Amount / Round Lead Investor [Australian Unity]( $250M / [Funding Round](utm_mediumEmail--) – [Guazi.com]( $180M / [Series B](utm_mediumEmail--) – [Xiaozhu.com]( $120M / [Series E](utm_mediumEmail--) [YF Capital (Yunfeng Capital)]( [Markforged]( $30M / [Series C](utm_mediumEmail--) [next47]( [Kano Computing]( $28M / [Series B](utm_mediumEmail--) [Breyer Capital]( [Thames Trust]( [CorpInfo]( $20M / [Corporate Round](utm_mediumEmail--) – [Jernigan Capital]( $15M / [Post-IPO Equity](utm_mediumEmail--) – [LifeSmart]( $12M / [Series B](utm_mediumEmail--) [Walden International]( [All Recent Funding Activity]( [ ] Recent Acquisitions [Tech Blend]( Pending acquisition by [Cabot Corporation]( for $64M More Acquisitions Company Acquired by Amount [MTData]( [Telstra]( – [All Recent Acquisition Activity]( [ ] Upcoming Tech Events [AI Frontiers Conference]( November 3-5, 2017 2017-11-03 in Santa Clara AI Frontiers, the leading applied AI conference, brings together pioneering scientists and business people who have deployed AI at scale. More Events Start Date Event Location Nov 16, 2017 [Angel Capital Expo San Francisco]( San Francisco Nov 29, 2017 [IoT Tech Expo North America 2017]( Santa Clara Nov 1, 2017 [ad:tech New York 2017]( New York Nov 2, 2017 [Streaming Media West 2017]( Huntington Beach [More Upcoming Events]( Demo Days Start Date Event Location Nov 7, 2017 [Bantunium Labs 1st Annual Virtual Demo Day and Pitch Competition]( Atlanta Dec 2, 2017 [Bay Angels - Investors pitch event]( Menlo Park Dec 6, 2017 [NYC Digital Health Forum]( New York [More Upcoming Demo Days]( Accelerator Deadlines Date Accelerator Location Nov 3, 2017 [The Yield Lab]( St Louis Nov 22, 2017 [CanopyBoulder]( Boulder Nov 11, 2017 [Alchemist Accelerator]( San Francisco [More Upcoming Deadlines]( Don’t see your event? Reach out to us at events@crunchbase.com. ?utm_source=cb_daily&utm_medium=email&utm_campaign=20171101&utm_content=footer&send_email={EMAIL} Discover innovative companies and the people behind them. 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