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vcaonline.com 6 minutes ago

Bespoke Financial, The Nation's First Commercial Cannabis Lender, Closes $8M Series A

Further strengthening its reputation as a fast growth fintech company offering flexible lending to the entire cannabis supply chain LOS ANGELES, April 19, 2021-- Bespoke Financial, the first Fintech lender in the country providing debt financing to cannabis companies, announced today the close of a $8 million Series A, bringing the company's total funding to date to over $28 million. The raise was co-led by Snoop Dogg's Casa Verde Capital and Sweat Equity Ventures and includes participation from Ceres Group Holdings, Greenhouse Capital Partners, DoubleLine Capital's Co-Founder & Former President Philip Barach, and New York venture capitalist Robert Stavis.
Read by 57% of LPs

entrepreneur.com 8 hours, 26 minutes ago

Clubhouse Is Now Valued At $4 Billion, Thanks To Its Latest Round Of Funding

Released in April 2020, the social media app has some notable users, including Oprah, Elon Musk and Mark Zuckerberg. : Clubhouse closed its new Series C round of financing, bringing the value of the audio-conferencing social media app to $4 billion, Reuters reports. The company made the announcement at a weekly town hall on Sunday but did not reveal the specific amount of money it raised.
Read by 45% of LPs

inc42.com 9 hours, 6 minutes ago

Blinc Invest Looks To Back Early Stage Startups With $13 Mn Fund

Venture capital firm BlinC Invest announced the first close of its INR 100 Cr ($13 Mn) alternative investment fund (AIF)...
Read by 68% of LPs

techcrunch.com 11 hours, 35 minutes ago

The Station: A Chat With Scale Ai's Alexandr Wang, The Nyc Scooter Winners And Tusimple Goes Public - Techcrunch

The Station is a weekly newsletter dedicated to all things transportation. Sign up here -- just click The Station -- to receive it every weekend in your inbox. Hi there, new and returning readers. This is The Station, a weekly newsletter dedicated to all the ways people and packages move (today and in the future) from [...]
Read by 35% of LPs

techcrunch.com 11 hours, 35 minutes ago

Cannabis Lender Bespoke Financial Raises $8M From Casa Verde Capital And Sweat Equity Ventures - Techcrunch

Cannabis financing company Bespoke Financial today announced it raised $8 million in a Series A financing round. Through this round, the company brought new, key investors into its corner as it fights to bring financing solutions to companies in the cannabis space. Bespoke is a direct lender and provides several financing solutions to companies operating [...]
Read by 74% of LPs

businessinsider.com 14 hours, 6 minutes ago

Two Sigma Ventures Portfolio Companies Detail Changes For Remote Work

Summary List PlacementDepending on whom you talk to on Wall Street, the future of the office can be a very different picture. Some companies have been sticklers about getting people back to work, while others are adopting a more flexible approach. Two Sigma Ventures, the venture arm of the financial firm Two Sigma, is helping some of its 60 portfolio companies make the long-term pivot to going remote, and staying that way. The push for remote work comes as Two Sigma Investments, of which the TSV is a part, is making changes of its own.
Read by 55% of LPs

techcrunch.com 14 hours, 56 minutes ago

Clubhouse Closes An Undisclosed $4bn Valuation Series C Round, As Tech Giants' Clones Circle - Techcrunch

Buzzy 'social audio' app Clubhouse has raised a Series C funding round, reportedly valuing the company at $4 billion. Clubhouse said the new round of financing was led by Andrew Chen of Andreessen Horowitz, with participation from DST Global, Tiger Global and Elad Gil. This round means Clubhouse has tripled the valuation it attained in [...]
Read by 70% of LPs

fiercebiotech.com 15 hours, 36 minutes ago

Adagio Raises A Monster $336M Round For Bespoke Covid-19 Drug Battle | Fiercebiotech

Adagio raises a monster $336M round for bespoke COVID-19 drug battle badams Mon, 04/19/2021 - 06:59.: Adagio Therapeutics has nabbed a massive $336 million series C from a who's who of investors as it more than triples its previous funding drive last year. The company raised $50 million in its debut last year and $80 million in November; Now, as vaccines start to play a bigger part in global protection, there is still a major need for a bespoke treatment to help those who are still getting infected and reduce their risk of severe illness or death.
Read by 53% of LPs

benzinga.com 16 hours, 31 minutes ago

Apple Inc. (nasdaq:aapl), Facebook, Inc. (nasdaq:fb) - Clubhouse Said To Get $4B Valuation In Latest Funding As Rivals Inch Closer | Benzinga

The audio-based social media startup Clubhouse announced Sunday it had secured an undisclosed amount of funding in a Series C round led by existing investor Andrew Chen, of Andressen Horowitz, as it looks to scale up in face of rising competition. read more.
Read by 41% of LPs

businessinsider.com April 18, 2021

Unicorn Cybersecurity Startups: Billion-dollar Valuations

Summary List PlacementUnicorns -- startups valued at $1 billion or more -- are becoming increasingly common in the cybersecurity industry. Venture capital funding for cybersecurity startups hit an all-time high in 2020, with over $7.8 billion invested globally, according to data published by Crunchbase this week, as the onset of the COVID-19 pandemic created new challenges and opportunities. Cybersecurity funding in the US jumped 22% from the year prior, outpacing the 15% growth of the overall US venture market.
Read by 67% of LPs