Category: economy

Auto Added by WPeMatico

Startups Weekly: A much-needed unicorn IPO update

As I’m sure everyone reading this knows, female-founded businesses receive just over 2 percent of venture capital on an annual basis. Most of those checks are written to early-stage startups…. Read more »

Equity Shot: Pinterest and Zoom file to go public

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. What a Friday. This afternoon (mere hours after we released our regularly scheduled… Read more »

Nigerian fintech startup OneFi acquires payment company Amplify

Lagos based online lending startup OneFi is buying Nigerian payment solutions company Amplify for an undisclosed amount. OneFi will take over Amplify’s IP, team, and client network of over 1000… Read more »

Uber said to be raising $1B at a $10B valuation for its self-driving car unit

Uber is in negotiations with investors, including the SoftBank Vision Fund, to secure an investment as large as $1 billion for its autonomous vehicles unit. The deal would value the… Read more »

CXA, a health-focused digital insurance startup, raises $25M

CXA Group, a Singapore-based startup that helps make insurance more accessible and affordable, has raised $25 million for expansion in Asia and later into Europe and North America. The startup… Read more »

U.S. rule changes could mean more startups would need government approval to hire immigrants

Jeff Farrah Contributor Share on Twitter Jeff Farrah is the general counsel of the National Venture Capital Association. Big changes in DC could mean that more startups will need the… Read more »

The next great debate will be about the role of tech in society and government

Tony Blair Contributor Share on Twitter Tony Blair is the Executive Chairman of the Institute for Global Change and former Prime Minister of Great Britain and Northern Ireland. The Industrial Revolution dramatically… Read more »

Startups Weekly: What’s up with YC? Plus, mobility layoffs and Airbnb’s grand plans

Where to begin… Netflix darling Marie Kondo is hitting up Sand Hill Road in search of $40 million to fund an ecommerce platform, Y Combinator is giving $150,000 to a… Read more »

Venture investors and startup execs say they don’t need Elizabeth Warren to defend them from big tech

Responding to Elizabeth Warren’s call to regulate and break up some of the nation’s largest technology companies, the venture capitalists that invest in technology companies are advising the presidential hopeful… Read more »

VCs have growing appetite for ‘AgriFood’

Venture investors are pouring billions of dollars into feeding their hunger for food and agriculture startups. Whether that trend line is due to enthusiasm for the sector or just broader… Read more »

Omidyar Network spins out its fintech investment arm as Flourish, with up to $300 million

After 12 years spent investing in impact-oriented financial services startups around the globe, the Omidyar Network, which serves as the family investment office for eBay founder Pierre Omidyar, is spinning… Read more »

A healthcare investment fund has become one of Israel’s largest with a $660 million close

One of Israel’s single largest venture capital funds is a new later stage vehicle focused on healthcare. The aMoon investment firm launched its second vehicle in April 2018 and it… Read more »

Africa Roundup: Kenya’s BRCK acquires EveryLayer, Nigeria’s TeamApt eyes global expansion

Kenyan  communications hardware company BRCK acquired the assets of Nairobi based internet provider Surf and its U.S. parent EveryLayer in a purchase deal of an undisclosed amount in February. Based in Nairobi, Surf is a… Read more »

On-demand logistics startup Lalamove raises $300M for Asia growth and becomes a unicorn

Lalamove, a Hong Kong-based on-demand logistics startup, has closed a $300 million Series D round as it seeks expansion across Asia. In doing so, the company has officially entered the… Read more »

Investors are still failing to back founders from diverse backgrounds

The large majority of venture dollars are invested in companies run by white men with a university degree, according to a new report by RateMyInvestor and Diversity VC. This new data… Read more »

First China, now Starbucks gets an ambitious VC-funded rival in Indonesia

Asia’s venture capital-backed startups are gunning for Starbucks . In China, the U.S. coffee giant is being pushed by Luckin Coffee, a $2.2 billion challenger surfing China’s on-demand wave, and… Read more »

Entrepreneur First eyes further Asia growth to build its global network of founders

British startup venture builder Entrepreneur First is eying additional expansion in Asia, where its operation is now as large as it is in Europe, as it expands its reach in… Read more »

Warung Pintar raises $27.5M to digitize Indonesia’s street vendors

The digital revolution in Indonesia, Southeast Asia’s largest economy, continues to attract big money from investors. Hot on the heels of a $50 million round for Bukalapak, a billion-dollar company… Read more »

Startups Weekly: Squad’s screen-shares and Slack’s swastika

We’re three weeks into January. We’ve recovered from our CES hangover and, hopefully, from the CES flu. We’ve started writing the correct year, 2019, not 2018. Venture capitalists have gone… Read more »

Backing Culture Genesis, T.I. launches Tech Cypha, an investment syndicate for tech deals

With an inaugural investment into the Los Angeles-based entertainment startup Culture Genesis, Clifford Harris Jr., who’s better known as “T.I.”, has launched a new syndicated investment vehicle called Tech Cypha. Launched by… Read more »

Redpoint Ventures is raising another $400M to invest in Chinese companies

Redpoint Ventures is doubling down on China. The firm, headquartered in Menlo Park, has filed documents with the U.S. Securities and Exchange Commission to raise $400 million across two new… Read more »

1 2 3