Homebrew is announcing the close of its third fund. This time they’ve raised $90 million, an increase from $50 million in 2015 and $35 million for its debut fund in 2013. Led by Hunter Walk and Satya Patel, the seed-stage venture firm has spent the past five years investing in U.S.-based startups at the onset. Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/8cqK-0RLzdc/
YapStone is raising $100M to take on PayPal, Stripe in marketplace payments, nabs $71M so far
While a part of the fintech world remains abuzz with crypo-talk, a startup that’s built a business around the more traditional world of payments has raised a significant round of funding as it vies to take on the likes of PayPal, Stripe, Adyen and Dwolla. YapStone, which provides payment services to marketplace-style businesses — customers vary from the likes of HomeAway to… Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/9k0P-yReJo8/
Simplified investing app Stash raises $37.5 million Series D as it heads into banking
Stash, the micro-investing app that’s been a hit with first-time investors, announced today it has raised an additional $37.5 million in Series D funding in a round led by Union Square Ventures. Existing investors Breyer Capital, Coatue Management, Entree Capital, Goodwater Capital and Valar Ventures also participated. The company competes with a range of new investment apps –… Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/eGc8J_VPHrU/
XebiaLabs lands $100 million Series B led by Susquehanna Growth Equity and Accel
XebiaLabs, the Boston-based software startup that helps companies automate DevOps functions, announced a healthy $100 million Series B investment led by Susquehanna Growth Equity and Accel. Today’s investment brings the total raised to $121.5 million. Derek Langone, Xebia’s CEO says they raised the money out of a desire to expand more rapidly. “You always want to raise money… Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/RBrln9u-Ado/
nOCD gets $1M seed round to help people with obsessive-compulsive disorder
nOCD, an app created to help people treat obsessive-compulsive disorder, will launch an Android version and add more features after raising a $1 million seed round from early-stage healthcare investment firm 7wire Ventures. Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/974DIp5ZhLg/
New project outfits Indonesia’s street vendors with free Wi-Fi and smart tech
Investors in Indonesia have started a new project aimed at digitizing the kiosk shops that adorn the streets of capital city Jakarta. Warung Pintar — ‘smart kiosk store’ — helps street vendors revamp their store with a bright and colorful design, and a range of tech that includes a digital POS, free Wi-Fi, an LCD screen, power bank chargers and more. The venture was… Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/xtCgTly9di0/
Apple, LG and Valve did not invest in OLED display maker eMagin
Update: A source very close to Apple says that the company has not invested in OLED display maker eMagin — and, according to a statement eMagin has now also published, nor have Valve and LG: “eMagin Corporation, or the “Company,” (NYSE American:EMAN) a leader in the development, design and manufacture of Active Matrix OLED microdisplays for high resolution… Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/1ji-C2XUhxM/
Axel Springer is investing in Magic Leap for some reason
Magic Leap is the gift that keeps on giving. The company has been working for years on augmented reality technologies and raised a gigantic pile of cash on the way. German media company Axel Springer is announcing today that it is investing an undisclosed amount in Magic Leap. The German company is taking a stake in Magic Leap through its Axel Springer Digital Ventures division. In its… Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/R419ahACP3Y/
Alibaba invests another $1.3 billion into its offline retail strategy
Alibaba has furthered its physical retail footprint after it invested another billion dollars into projects to develop its so-called “new retail” strategy which combines online and offline. The Chinese firm, the dominant e-commerce player in its country, gobbled up a 15 percent stake in Beijing Easyhome Furnishing for RMB 5.45 billion, or around $867 million, and pumped $486… Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/810lcQWRwKs/
Raise softly and deliver a big exit
In the world of venture capital, the prospect of a successful “exit” looms large in the minds of investors. A VC’s business model is less about the money that goes into a startup than it is about what comes out. It’s true that most companies fail to exit gracefully, and of those that do, surprisingly few exit by going public. Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/b52ce6YZTFI/ Source: https://techcrunch.com/
