As the news of the week starts to wind down, we’ve put together a roundup of the biggest stories and funding rounds in collaboration with our sister company Index.
This week in numbers:
Index sourced 144 funding events this week. The median investment amount was $5 million, with the largest event clocking in at a whopping $1 billion Series F round for Uber.
Three breakout funding rounds
Here are some of the headlines that made it to Index’s global trending page.
Instagram has switched on its advertising API [The Next Web]
Adidas acquires mobile fitness company Runtastic for $239M [The Next Web]
Tinder and Forbes are launching a new app for power networking [Business Insider]
Xiaomi regains top spot in China’s smartphone market [TechCrunch]
That’s the week in funding news and trending headlines, refined from raw Index data and curated by our team. Hungry for more? Track what’s happening in tech throughout the week with Index.