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Capital Gains: A Startup That Literally Just Puts Butter in Coffee and More Funding News

Also, the news app Flipboard raised $50 million.

Todd Bernard

Buttered coffee, news-reading apps, synthetic biology and other startups raised lots of money this week. Here’s what happened on the funding front:

  • News-reading app maker Flipboard (which was previously talking with Twitter about a possible acquisition) landed $50 million from J.P. Morgan that reportedly values the company at somewhere between $800 million and $1.3 billion (TechCrunch).
  • Synthetic biology startup Ginkgo Bioworks, founded by a group of MIT scientists and an alum of Y Combinator, raised $45 million in a Series B round led by Viking Global, with OS Fund, Y Combinator and Felicis Ventures contributing (Fortune).
  • Continuum Analytics, which supplies different versions of the Python programming language, raised $24 million in a new round led by BuildGroup and General Catalyst (VentureBeat).
  • Enterprise data software maker Cazena raised $20 million in a new Series B round led by Formation 8, with participation from Andreessen Horowitz and North Bridge Venture Partners (TechCrunch).
  • Granular, which makes management software specialized for large farms, raised $18.7 million in a Series B round led by Tao Capital Partners (TechCrunch).
  • Photo-sharing and marketplace site 500px raised a $13 million Series B round to help it expand globally, an investment led by Visual China Group, with participation from Andreessen Horowitz, Harrison Metal and ff Venture Capital (VentureBeat).
  • Bulletproof, a startup that’s really a coffee chain specializing in ruining coffee by putting butter in it, raised $9 million from Trinity Ventures (Fortune).
  • UXPin builds technology to help businesses collaborate more effectively on design-related issues. The company raised $5 million in a Series A funding round led by True Ventures (MarketWatch).

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