With its latest funding round, Formlabs has achieved unicorn status. The Massachusetts-based 3D printing startup just raised another $15 million. The latest round brings its total funding up to $100 million, and puts the company in the relatively rare air of hardware startups with valuations in excess of $1 billion. This latest funding, which follows… Continue reading Formlabs goes unicorn with latest funding round
Category: Fundings
Golden Gate Ventures hits first close on new $100M fund for Southeast Asia
One of the fascinating things about watching an emerging startup ecosystem is that it isn’t just companies that are scaling, the very VC firms that feed them are growing themselves, too. That’s perhaps best embodied by Golden Gate Ventures, a Singapore-based firm founded by three Silicon Valley entrepreneurs in 2011 which is about to close a… Continue reading Golden Gate Ventures hits first close on new $100M fund for Southeast Asia
What every startup founder should know about exits
Benjamin Joffe Contributor Benjamin Joffe is a partner at HAX. More posts by this contributor 70 years of VC innovation 2017 crowdfunding guide The dream of a startup founder can often be summarized by the following well-intentioned, and mostly delusional, quote: “We’ll raise a few rounds and in a few years we’ll IPO on Nasdaq.” But… Continue reading What every startup founder should know about exits
Skyline AI raises $18M Series A for its machine learning-based real estate investment tech
Skyline AI founders Iri Amirav, Or Hiltch, Guy Zipori and Amir Leitersdorf A mere four months after coming out of stealth mode with $3 million in seed funding, real estate investment startup Skyline AI announced that it has raised an $18 million Series A. The round was led by Sequoia Capital, a returning investor, and… Continue reading Skyline AI raises $18M Series A for its machine learning-based real estate investment tech
Blockchain media project Civil turns to Asia with fund to kickstart 100 new media ventures
Civil, the blockchain-based journalism organization, is casting its eye to Asia after it set up a $1 million fund that’s aimed at seeding 100 new media projects across the continent over the next three years. The organization has teamed up with Splice, a Singapore-based media startup which will manage the fund, according to an announcement. There’s… Continue reading Blockchain media project Civil turns to Asia with fund to kickstart 100 new media ventures
Bus-sharing app Shuttl gets $11M Series B from investors including Amazon India
Shuttl, a service that lets Indian city dwellers find seats on multiple bus routes through one app, announced today that it has raised a $11 million Series B led by Amazon India, Amazon Alexa Fund and Dentsu Ventures. Returning investors Sequoia Capital, Times Internet and Lightspeed Ventures also participated. The Gurgaon-based startup’s last round of… Continue reading Bus-sharing app Shuttl gets $11M Series B from investors including Amazon India
Grover raises €37M Series A to offer latest tech products as a subscription
Grover, the Berlin-based startup that offers “pay-as-you-go” subscriptions to the latest consumer tech as an alternative to owning products outright, has raised €37 million in funding. The Series A round is led by Circularity Capital LLP — a VC that specialises in the so-called “circular economy” — with participation from fintech investor Coparion, Samsung NEXT,… Continue reading Grover raises €37M Series A to offer latest tech products as a subscription
Experian leads $28M investment in Southeast Asia fintech startup C88
Experian is making its first major bet on Southeast Asia and its population of over 650 million consumers after the financial credit giant backed Singapore-based C88 Financial Technologies, which operates financial marketplaces that help lenders reach new audiences. C88 today announced a $28 million Series C investment round that’s led by Experian with participation from a host… Continue reading Experian leads $28M investment in Southeast Asia fintech startup C88
Home run exits happen stealthily for biotech
Joanna Glasner Contributor More posts by this contributor While tech waffles on going public, biotech IPOs boom Shoe startups aren’t dragging their feet Startup exit tallies commonly underestimate biotech returns. Unlike most tech deals, the biggest profits in bio often come long after an IPO or acquisition. Take Juno Therapeutics, a publicly traded cancer immunology company… Continue reading Home run exits happen stealthily for biotech
WeWork China raises $500M to triple the number of cities it covers
WeWork’s China business is getting a fresh injection of capital after it raised $500 million. The company entered China two years ago and today it covers Beijing, Shanghai and Chengdu with nearly 40 locations. It claims 20,000 members, and it is also active in Hong Kong, which technically falls under ‘Greater China.’ The new capital… Continue reading WeWork China raises $500M to triple the number of cities it covers