Zuck and Bezos back seed stage scout fund Village Global
Product Hunt’s first employee Erik Torenberg is ready to fund fresh new startups, not just reveal them to the world. Today is the soft launch of Village Global, a seed and pre-seed early stage venture capital fund looking to connect entrepreneurs to cash as well as all-star mentors. Facebook’s Mark Zuckerberg, Amazon’s Jeff Bezos, LinkedIn’s Reid Hoffman,… Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/PHNgXfPRc_c/
Groupon’s billionaire co-founder Eric Lefkofsky just raised $70 million for his new company
Chicago billionaire Eric Lefkofsky has started five companies, none of which would seem to lead him to found a company that’s trying to cure cancer. Yet investors just gave his newest, two-year-old concern, Tempus, $70 million in Series C funding to do just that. Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/vXxnDonpaH8/
Mobile hardware lab Nanoport gets $7 million in seed funding
Held at Moscone Center in San Francisco earlier this month, Mobile World Congress Americas was a pretty uninspiring show, but a few interesting startups stood out among the rows and rows of mobile companies. Nanoport was among the more interesting exhibits on the floor, offering up an array of different smartphone technologies aimed at rethinking the way we interact with our devices. The… Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/TUSApMlbse8/
Didi invests $200M in Chinese auto trading platform RenRenChe
China’s Didi Chuxing is already well-known for making investments, but this time around the ride-sharing company has stepped beyond backing companies in its core industry with its latest deal. That’s because Didi has backed RenRenChe, China-based online peer-to-peer car marketplace, via a strategic investment that is confirmed at $200 million. It’s not clear what… Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/5l_mzKPOdDA/
Accelo hauls in $9 million to digitize operations for project-driven small businesses
Accelo, a six-year old startup, is trying to solve a big problem for project-driven small businesses like architects, accountants and designers. These companies, which typically have less than 100 employees, don’t usually have access to software to get a complete view of their business operations. That’s where Accelo comes in. It has designed a set of tools specifically for… Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/dICJkrQpFkQ/
Marketing startup Synup gets $6M Series A to help brands manage their online reputation
Synup, a startup that helps marketers monitor where their brands are mentioned online, announced that it has raised $6 million in Series A funding led by Vertex Ventures. Existing investor Prime Venture Partners also returned for the round. Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/XmGUDb91qSc/
Inkitt, a ‘reader powered’ book publisher, raises $3.9M to discover the next best-selling author
Inkitt, which bills itself as “the world’s first reader-powered book publisher,” has raised $3.9 million in pre-series A funding, in a round led by Redalpine, with Frontline Ventures, Speedinvest and a number of private investors also participating. The Berlin-based startup is part writing and reading community, and part publishing house, with one aspect feeding the other. Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/6fiknQD2dSM/
Photo marketplace Picfair raises £1.5M, aims to ‘weaponise’ photographers
Picfair, the London-based photo marketplace founded by ex-journalist Benji Lanyado, has raised £1.5 million in new funding — capital it plans to use to market its “fair trade photography” proposition to the plethora of companies that need authentic photo content. Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/f8aq-jJuxko/
Backed by Accel, GlowRoad helps Indian women build home businesses
Indian e-commerce company GlowRoad is built on a simple premise. By connecting manufacturers with resellers and using drop shipping, it keeps everyone’s overhead costs low. The Bangalore-based startup, however, doesn’t just aspire to be an online reseller network. Founded by a former physician, GlowRoad’s goal is to give housewives and stay-at-home mothers a low-risk way to… Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/QHZ2KPr055s/
SAP buys customer identity management firm Gigya for $350M
SAP, the German enterprise software giant, today announced an acquisition to strengthen its hybris e-commerce division. It has acquired Gigya, a firm that helps online properties manage customer identities and profiles. Terms of the deal have not been disclosed officially, but our sources tell us it is for $350 million. This was the same figure that was reported yesterday when the news leaked… Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/RoPLVnaODKo/
Deliveroo raises $385M in new funding, now valued at ‘over $2 Billion’
Deliveroo, the London headquartered restaurant food delivery startup, has raised $385 million in new funding, giving it a valuation of “over $2 billion,” according to the company. Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/Gdh9naoVu4w/
Southeast Asia games firm Sea, formerly Garena, files for $1 billion US IPO
Southeast Asia-based games and e-commerce firm Sea, formerly known as Garena, has officially filed for its much-anticipated U.S. IPO. The company, which is valued at over $3.75 billion, will list on the New York Stock Exchange as ‘SE’ and is looking to raise $1 billion. Sea is best known for its Garena gaming business, which predominantly focuses on PC games but also includes… Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/52wTxQY3mB8/
Facebook drops no-vote stock plan, Zuck will sell shares to fund philanthropy
Mark Zuckerberg has gotten so rich that he can fund his philanthropic foundation and retain voting control without Facebook having to issue a proposed non-voting class of stock that faced shareholder resistance. Today Facebook announced that it’s withdrawn its plan to issue Class C no-vote stock and has resolved the shareholder lawsuit seeking to block the corporate governance overhaul. Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/V4IdMCghckw/
Despite all odds, Hyperloop One just raised another $85 million
Hyperloop One, a three-year-old, L.A.-based company working to create near-supersonic trains that can whisk both passengers and cargo in giant pneumatic tubes at speeds of many hundreds of miles per hour, has raised $85 million in fresh funding, as first reported in Recode. Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/oDLDlVG-70U/
Live from Disrupt SF: Equity talks Slack, Lyft and flying cars
Hello and welcome back to Equity, TechCrunch’s weekly venture capital-themed podcast where we work to unpack the numbers lurking behind the news. This week we have a special episode for you all. We recorded live from Disrupt San Francisco, right in the middle of the main floor. Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/X1nYdH2V84s/
East Ventures announces new $30M fund to continue investing in Indonesia
East Ventures is back at it again with another new fund to invest in early-stage companies in Indonesia, Southeast Asia’s largest economy and the world’s fourth most populous country.
This new $30 million fund is the firm’s sixth to date in Southeast Asia, and remarkably its second in 2017 alone. Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/GyPbTCCP3go/
Database provider MongoDB has filed to go public
MongoDB, a database software company based in New York, has filed to go public with the Securities and Exchange Commission as it continues to burn a ton of cash despite its revenue almost doubling year-over-year. The company, which provides open-source database software that became very attractive among early-stage startups, is one of a myriad of companies that have sought to go public by… Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/SfArI6UlfO8/
Baidu announces $1.5B fund to back self-driving car startups
Baidu is putting some serious cash behind its self-driving car push after it announced a $1.5 billion fund that’s focused on backing autonomous driving tech companies. The Chinese giant, best known for its internet search service and AI technology, has prioritized autonomous vehicles in a major way in recent years, so this comes as little surprise. Baidu made its Apollo self-driving… Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/32RyfkOVSRA/
Freight startup Flexport soars from ‘unsexy’ to $800M valuation
Flexport handles the boring logistics of a trillion-dollar business: the transport of shipping containers around the world. Because the work of freight forwarding seemed so bland, it was long ignored by the tech world. But digitizing the paperwork let Flexport speed up shipping so clients keep less inventory on hand while never running out. Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/5tkcpa91SzQ/
DogBuddy, the European dog sitting marketplace, scores €5M Series A
DogBuddy, a pan-European online marketplace for dog sitting, has closed €5 million in Series A funding, money it plans for further expansion. Backing the London-headquartered startup in this round is existing investor Sweet Capital, the investment fund started by the founders of King.com, and a number of new unnamed private investors. It brings total raised by DogBuddy to €10 million. Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/n1MXnWiMLDM/ Source: https://techcrunch.com/
