For many years the allure of Silicon Valley was contingent on the ability to move here. Its ecosystem didn't work remotely. "We see a very strong indication that where you're located does matter... come to Silicon Valley," intoned Joe Kraus of Google Ventures at the first Disrupt conference I ever intended, speaking for essentially all [...]
There is a sense that models are in need of a change to safeguard otherwise resilient sectors such as tech from the fated 'bubble' scenario that many skeptics see on the horizon, and with this, the deal structures and ultimately ROI is also changing.
Aparajit Bhandarkar, managing partner -- Venture Capital at Varanium, told FE that the fintech space, where the fund intends to make investments, may include verticals like payments, lending, wealth management, insurance tech, cyber security, payroll processing, etc.
Balto, the world's first artificial intelligence software for real-time call guidance and coaching, announced today that it closed a $3 million seed financing round ST. LOUIS, September 26, 2019-- Participating in the round are OCA Ventures (co-lead), Stage Venture Partners (co-lead), Jump Capital, Cultivation Capital, SaaS Ventures, TIA Ventures, and Sandalphon Capital. This round of funding will be used to scale the organization's sales and marketing capabilities, expand headcount, and make major investments in applying A.I. to help sales teams make their sales messaging more effective.
ST. LOUIS, Sept. 26, 2019 /PRNewswire/ -- Participating in the round are OCA Ventures (co-lead), Stage Venture Partners (co-lead), Jump Capital, Cultivation Capital, SaaS Ventures, TIA Ventures, and Sandalphon Capital. This round of funding will be used to scale the organization's sales...
Maven Ventures has raised $65 million for its third fund, according to a blog post on its site. The fund will make seed investments between $750,000 and $1 million in software startups.
Nigerian digital-only bank Kuda, which is based in London and Lagos, has raised $1.6 million while its platform is still in the beta-testing stage. Kuda is the first digital-only bank in Nigeria to be issued with a micro-finance license from the Nigerian Central Bank, Techcrunch reports. The fintech startup attracted the funding from investor Haresh Aswani, [...] The post Nigerian Digital-Only Bank Raises $1.6M Pre-Seed Investment appeared first on Moguldom.
LAUSANNE, Switzerland, September 23, 2019-- Kandou, a global leader in connectivity IP and chip solutions, today announced an additional investment of $56 million, through a consortium of institutional, strategic, and private investors, bringing the total investment in the company to nearly $100 million. The investment will be used to scale all aspects of Kandou's operations and to expand the development and deployment of its high speed, low power interconnect devices.
Panache Ventures, a seed-stage venture firm, has closed its debut fund at $58 million, beating its initial $40 million target. The fund's investors include Alberta Enterprise Corporation, Fonds de solidarite FTQ, [...]
In this week's newsletter: Airbnb, WeWork and Postmates prep IPOs. : Hello and welcome back to Startups Weekly, a weekend newsletter that dives into the week's noteworthy news pertaining to startups and venture capital. Before I jump into today's topic, let's catch up a bit. Last week, I profiled an e-commerce startup Part & Parcel. Before that, I wrote about Stripe's grand plans. Remember, you can send me tips, suggestions and feedback to firstname.lastname@example.org or on Twitter @KateClarkTweets. If you don't subscribe to Startups Weekly yet, you can do that here.