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Capital Gains: Refinery29, a Pokémon Go tech supplier and on-demand motorcycles all found new funding

Time Warner’s Turner makes another digital play.

capital gains Todd Bernard / Recode

Time Warner made its latest bet on digital, a company that makes tech for games like Pokémon Go swallowed over $180 million and an Indonesian motorcycle-hailing app is set to raise a bunch of money. Here’s what happened on the funding front this past week:

  • Digital publisher Refinery29, whose audience is primarily millennial women, has raised a new round of funding led by Time Warner’s Turner division. Last year, Refinery29 raised $50 million at a $300 million valuation. Just a few months ago, Turner invested in another video-focused digital publisher, Mashable.
  • Investment heavyweights KKR and Warburg Pincus are in talks to join a $400 million funding round for the Indonesian motorcycle ride-hailing startup PT Go-Jek. The round would set the company’s value at about $1.2 billion (Wall Street Journal).
  • Unity Technologies, a startup that makes underlying technology for video games (including Pokémon Go), has raised $181 million in new funding as it looks to shore up its position in augmented and virtual reality. The round was led by DFJ Growth; other investors include the China Investment Corporation, FreeS Fund, Thrive Capital, WestSummit Capital and Max Levchin (New York Times).
  • Free, online computer programming education startup Codecademy raised $30 million in a Series C round led by the venture arm of South African media conglomerate Naspers (VentureBeat).
  • True Fit, which helps online shoppers figure out whether something will fit them, raised $25 million from a group of investors that includes Jump Capital, Signal Peak Ventures and Intel Capital (Boston Business Journal).
  • CornerJob, a startup that focuses on recruiting for low-skill jobs through mobile messaging, raised $25 million of Series B funding from Northzone and the Mexican media company TV Azteca (TechCrunch).
  • Genetics startup Trace Genomics, which makes soil testing technology for farmers to better understand what kind of crops they can grow, raised $4 million in a round led by Refactor Capital, with money from Fall Line Capital, Viking Global and the company Illumina (TechCrunch).
  • SnapTravel, a startup that uses a mix of chatbots and human agents to help customers with hotel and travel booking, raised $1.1 million in funding from Lightbank and Bee Partners (VentureBeat).

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