U.S. Fintech PayActiv Raises $100 Million Through Series C Funding Round Le By Eldridge Crowdfund Insider. : PayActiv, a U.S.-based provider of employment-based holistic financial wellness services, announced on Thursday it secured $100 million through its Series C funding round, which was led by Eldridge and includes existing PayActiv shareholders Generation Partners and the Ziegler Link*Age Fund II. As previously reported, PayActiv describes itself as a holistic financial wellness platform for employees to get on-demand access to earned but unpaid wages. The company claims that businesses that use its services see significant cost reductions through increased engagement and retention.
Impossible Foods, which specializes in non-meat-based alternative foods, has closed a funding round and come away with $200 million, according to a press release. The Series G round was led by Coatue, a new investor. Existing investors Mirae Asset Global Investments and Temasek, as well as new investor XN, also contributed, the release stated. The [...]
Silicon Valley Venture Capitalist Confidence Index(tm) Rebounds In Q2 Of 2020 From All Time Low In Q1
SAN FRANCISCO, August 13, 2020-- The Silicon Valley Venture Capitalist Confidence Index(tm) for the second quarter of 2020 registered 3.0 on a 5-point scale (with 5 indicating high confidence and 1 indicating low confidence). The Q2 Index measurement, based on a June 2020 survey of 26 San Francisco Bay Area venture capitalists, rebounded strongly from the previous quarter's Index reading of 2.33, which was the lowest reading of VC confidence in the more than 16-year history of this ongoing quarterly research.
CHICAGO, August 13, 2020-- Kin Insurance, the insurance technology company that makes home insurance easy and affordable, today announced a $35 million Series B round. The funding was led by Commerce Ventures with participation from Hudson Structured Capital Management Ltd. (doing its reinsurance business as HSCM Bermuda), Flourish Ventures, QED, Alpha Edison, Allegis NL Capital, Avanta Ventures (venture arm of CSAA Insurance Group, a AAA Insurer), August Capital, the University of Chicago via its Startup Investment Program, and others. This round brings Kin's total funding to date to $86 million.
Cecelia Health Completes $13M Series B Financing To Transform Lives Of People Living With Diabetes And Other Chronic Conditions
Cecelia Health Completes $13 Million Series B Financing to Transform Lives of People Living with Diabetes and Other Chronic Conditions Rittenhouse Ventures and Endo Investors lead oversubscribed round, joined by Boston Millennia Partners, SustainVC and G100 Capital NEW YORK, August 13, 2020-- Cecelia Health, a leading technology-enabled diabetes and other chronic disease management company, announced today it has completed a $13 million Series B funding round. The investment was co-led by Rittenhouse Ventures and Endo Investors, and includes investments from Boston Millennia Partners, SustainVC, G100 Capital, and others.
With the COVID-19 pandemic far from over, the health of student-athletes and everyone else on campus is at serious risk. It's time to blow the whistle on college football being played this year.
Wall Street investors are circling for a stake in the Serie A TV division but before cashing in the broadcasting rights profit they need to tackle the elephant in the room: racism.
Providing For The Future: Despite Covid-19 Crisis & Falling Oil Prices, Russia's Gold & Foreign Exchange Reserves Reach All-time High -- Society's Child -
The value of Russia's gold and foreign currency holdings has risen by almost $9 billion in a week. This means it's sitting on $600 billion in forex reserves - an all-time record beating August 2008's previous high of $598 billion. That was just before the global financial crisis, or 'Great Recession', which wreaked havoc worldwide towards the end of the 2000s. Back then, the slush fund started to dwindle rapidly, due to the economic crisis, and lost over $100 billion in value in the following three months.
Clarion Partners Believes Property Competitiveness and Sustainability Go Hand-In-HandAug 13, 2020 3:10 PM ETTweet This: Clarion Partners, an independent investment manager of @FTI_US, has issued its annual ESG report, highlighting the firm's belief that property competitiveness and #sustainability go hand-in-hand: https://bit.ly/3iE651K Press ReleaseNEW YORK, August 13, 2020 /3BL Media/- Clarion Partners LLC, an independent investment manager of Franklin Templeton, has issued its annual report on the firm's substantial environmental, social and governance (ESG) initiatives.
"We are being patient with our capital, but we expect the pace of investment to increase over the next 12 months as opportunities present themselves," said CEO Bruce Flatt.