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Capital Gains: Uber Wants to Raise Another Billion, Palantir's Quiet Round and More

Uber's hunting for a $60 billion-$70 billion valuation.

Todd Bernard

It’s relatively easy for Uber to raise money, which is why the company is looking to put together another billion-dollar funding round. Here’s the story on this move and other big funding headlines from this past week:

  • Uber CEO Travis Kalanick says he doesn’t want to take the company public anytime soon. And he doesn’t need to, since private investors look like they are going to give him another $1 billion at a valuation between $60 billion and $70 billion (The New York Times).
  • Palantir was able to add $105 million to its earlier $450 million funding round, giving it a valuation of around $20 billion. This gives the company about $2.3 billion in total funding (Business Insider).
  • Virtual reality game developer Playful raised $25 million from a group of unnamed investors. The company’s new game, “Lucky’s Tale,” will be available on Oculus headsets when they launch next year (Wall Street Journal).
  • The health startup Amino, which operates a service that allows patients to evaluate doctors, emerged from stealth this past week and announced that it had raised $19.4 million in its latest round. Investors include Accel, Charles River Ventures and Rock Health (New York Times).
  • Zignal Labs, a company that analyzes media data (Tweets, Facebook posts, etc.), raised $15 million in a new round of funding. Last October, the company raised $10.7 million (Globe Newswire).
  • Mobile banking startup Moven raised $12 million in a round led by Route 66 Ventures, giving the company about $25 million in total funding (Business Insider).
  • Clutter, a personal storage startup, raised $9 million in a Series A funding round led by Sequoia Capital. This gives the company about $12 million in total funding (Wall Street Journal).
  • Mouth Foods, a startup led by Razorfish co-founder Craig Kanarick that sells craft foods and alcohol, raised $5.5 million in a round led by KarpReilly (Wall Street Journal).

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