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Sequoia Raises $6b Fund To Compete With Softbank
Sequoia Capital has raised $6 billion, the Financial Times reports. The firm has plans to raise $2 billion more. The firm's $6 billion global-focused fund is the largest in Silicon Valley's history. For months, prominent Silicon Valley-based venture firm Sequoia Capital has been quietly amassing a multi-billion dollar fortune to take on global competitors — primarily, the Japanese funding conglomerate Softbank. Now, the Financial Times reports that Sequoia has closed its first fundraising efforts for its new fund at $6 ... Full investment news article
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University of Nebraska Foundation,
Neurotechnology Startup Dreem Raises $35m To Expand Distribution Of Its Sleep Headband
Dreem today announced it has raised $35 million to further develop its headband that improves sleep by monitoring brainwaves. In addition to neurtechnology, the Dreem headband uses auditory stimulation to help people fall asleep faster and sleep deeper. The latest round of funding was co-led by U.S. consumer product giant Johnson & Johnson and French state bank […] Full investment news article
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Louisiana Economic Development,