Financial Markets
Top stories summarized by our editors
6/26/2019

Intercontinental Exchange will launch a heating oil futures contract for delivery into the New York harbor on July 29 to challenge contracts offered by CME's New York Mercantile Exchange.

6/26/2019

The venture capital industry is starting to make some progress in its effort to improve gender and racial diversity, according to a report from Deloitte and the National Venture Capital Association. Since 2016 the number of venture capital firms running inclusion or diversity efforts has almost doubled, the report says.

6/26/2019

Carbon, a startup digital manufacturing platform, raised $360 million in a funding round that gave it a $2.4 billion valuation. With the new money it plans to grow in Europe and Asia and pick up the pace of research and development.

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VentureBeat
6/26/2019

MX, a startup that develops software used by financial institutions, raised $100 million in its most recent funding round. Battery Ventures, H.I.G. Capital and Industry Ventures participated in the round, among others.

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VentureBeat
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Battery Ventures
6/26/2019

Budderly, a startup that helps corporate clients cut their energy costs, raised $55 million in equity and debt in its most recent round of financing. The company aims to manage about $3 billion in clients' energy spending in the next decade.

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VentureBeat
6/26/2019

Cobalt Robotics, a startup that makes robots designed to help human security personnel patrol offices, parking lots and warehouses, raised $35 million in its most recent funding round. The new money will be used to fund a nationwide expansion, said CEO Travis Deyle.

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VentureBeat
6/26/2019

Ocrolus, a startup that analyzes financial documents, raised $24 million in a recent funding round. The new capital will be used for expansion into functions relating to consumer lending and bank underwriting, according to co-founder and CEO Sam Bobley.

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VentureBeat
6/26/2019

Omnidian, a startup that provides a variety of services to owners of residential, commercial and industrial solar installations, raised $15 million in its most recent funding round. The new money will finance growth in the US.

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VentureBeat
6/26/2019

Norway-based eSmart Systems, a startup that helps energy utilities monitor their systems, evaluate their condition and fix problems, raised $34 million in its most recent funding round. The company plans to press ahead with international expansion.

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VentureBeat
6/26/2019

DayTwo, an Israeli health tech startup that uses gut profiling and other clinical data to personalize nutrition, raised $31 million in its most recent funding round. Investors included Johnson & Johnson and Seventure Partners, among others.

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Reuters
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Johnson & Johnson