Venture Capital

Boeing Bets on Flying Taxis

Boeing has invested $450 million into a company known as Wisk as part of their joint venture with Google co-founder Larry Page to develop pilotless flying taxis

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SoftBank Investing $146 Million in Qraft Technologies

SoftBank has made a name for itself as being one of the world’s leading investors in tech start-ups and has recently upheld that title by investing $146 million into Qraft Technologies Inc. to bolster their development of AI tools associated with stock trading

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Whoop Scores $3.6 Billion Valuation

Whoop, which creates a fitness tracker that is favored by professional athletes, reached a $3.6bn valuation following an investment from the usual suspects, SoftBank, signalling a willingness from investors to challenge tech giants in the health monitoring business

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Brex Leverage

While several lenders have historically offered loan services to start-ups, Brex is looking to take advantage of the increase in venture debt financing with a $150 million fund. The newly launched Brex Venture Debt will look to compete with the likes of Silicon Valley Bank, Amex, and BofA to offer early-stage venture-backed businesses an alternative financing option. Brex is aiming to be a one-stop for start-up credit financing

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Shelf.io Showing Impressive Growth Trajectory

Shelf.io announced an impressive set of metrics this morning, including that from July 2020 to July 2021, it grew its annual recurring revenue (ARR) 4x. Shelf also disclosed that it secured a $52.5 million Series B led by Tiger Global and Insight Partners

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Klarna Reaches $31 Billion Valuation

03.01.21 - Klarna the Swedish buy now, pay later behemoth and upstart bank, has raised $1 billion in new funding at a post-money valuation of $31 billion. That sees the company retain the crown as the highest-valued private fintech in Europe

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Personio is the HR Unicorn

01.18.21 - A German-based HR start-up is now well into Unicorn status after picking up $125 million in series D funding with a $1.7 billion post-money valuation - catching up to the ranks of other German unicorn start-ups such as N26

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The Silent Boom In RiskTech

12.21.20 - Far from the coastal enclaves of Silicon Valley, Atlanta based OneTrust just announced the closing of a massive $300M Series C funding round pushing its valuation to $5.1B with combined funding of $710M

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MessageBird Hits Unicorn Status

10.13.20 - If history has taught us anything, it’s don’t underestimate the Dutch. MessageBird is a competitor to Twilio. MessageBird provides a similar platform and last week it announced a $3 billion valuation after the close of its Series C funding round. The space of communications is enormous and there’s room for multiple large players

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DoorDash Confirms Series wtH

06.22.20 - DoorDash the American food delivery company has confirmed that it is raising a $400 Million Series H round of funding at a post-money valuation of $16 billion despite the company privately filing to go public earlier this year and a having raised $340 million in debt financing this February. Durble Capital Partners, Fidelity, and T. Rowe Price are leading the round

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SoftBank Launching $100M Fund to Invest in Founders of Color

06.08.20 - Change is coming. In the wake of protests and riots that rocked the globe over the past week organizations are making big moves to tackle racial inequality head on. The financial sector may be ready to right the wrongs of the past in lending discrimination practices that existed throughout the 20th century and even cases well into the 2010’s. Practices that hindered entire generations of people of color to build generational wealth and equity

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Impossible Foods Grabs $500M Series F Amid Crisis

03.16.20 - Impossible Foods just raised $500 million in a Series F funding round, bringing its total funding to nearly $1.3 billion.Mirae Asset Global Investments, a new backer, led the round, according to a statement from the company. Existing investors, including Khosla Ventures and Temasek Holdings, also participated. The last time Impossible Foods raised money was in May 2019, when it pulled $300 million for its Series E round

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You're Fired, Venture Capital Portfolio Companies Trimming The Fat

01.13.20 - Spring cleaning seems to have arrived early with Venture-backed companies cleaning house with layoffs - likely under pressure from their boards as the venture investing climate is sobering up from the insanity of the 2010’s

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