Fundings and Exits

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Alex Wilhelm is the editor-in-chief of Crunchbase News and co-host of Equity, TechCrunch’s venture capital-focused podcast. More posts by this contributor: We’re taking a look at the IPOs of tech’s biggest players, the firms that we call the Big 5. We started with Amazon. Next up on our list is Google, the search and advertising giant. Google, now
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Dear Floyd Mayweather, While perusing Facebook, I chanced across your post drumming up interest in the upcoming Stox initial coin offering (ICO). I understand your motivations in wanting to diversify your portfolio of investments, but I caution that your actions are reckless and potentially financially damaging to you and your fans. ICOs, like any other securities offering,
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Chinese smartphone maker Xiaomi has secured a $1 billion loan in order to develop its international focus and build out its offline sales presence. The company revealed today that it has secured a three-year syndicated loan agreement from 18 banks across Europe, Middle East, India, China, Hong Kong and Taiwan. Deutsche Bank and Morgan Stanley served as joint
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Brolly, a U.K. ‘insurtech’ startup that offers an app to help you manage and purchase various insurance products, has raised £1 million in seed funding. Valar Ventures, the U.S.-based venture fund backed by Peter Thiel, led the round, with Pi Labs co-leading. Entrepreneur First (EF) also participated via the company builder’s £40 million “Next Stage
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With its Stripe Connect product, Stripe wants to make it easier for on-demand and marketplace businesses to not only process payments from their customers, but also make payments to contractors and vendors. In an effort to bolster the tax reporting tools available to them, the company has acquired long-term partner Payable. Payable operates a platform aimed at
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It’s hard raising money as a consumer packaged goods (CPG) company, but one startup wants to make it easier. CircleUp, which already helps consumer brands raise millions in equity financing, is now going to issue loans to help smaller CPG companies raise working capital and avoid cash crunches. Historically CircleUp has operated an equity investment
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Since 2010, Marqeta has quietly established itself as the underlying tech provider for businesses that are looking to issue virtual and physical debit and credit cards to employees, partners and customers alike. As it looks to expand internationally and sign up customers around the globe, the company has taken $25 million in strategic investment from payments heavyweight
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Beijing-based Momenta announced this morning that it raised a $46 million Series B round led by NIO Capital, Sequoia Capital China and Hillhouse Capital. Momenta produces self-driving car software that applies deep learning to mapping, path planning and object recognition problems. Shunwei Capital, Sinovation Ventures, Unity Ventures and Daimler also participated in the round. Quite a few
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British enterprise software company Sage Group has agreed to purchase Intacct, a 19-year-old accounting software company, for $850 million, the companies announced today. A cash and stock transaction, the deal aims to help build out Sage’s cloud financial management offerings. Intacct, which competes with Financial Force and Oracle’s NetSuite, said in a related statement that it
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Duolingo, the popular language learning service that was co-founded by reCAPTCHA founder Luis von Ahn, today announced that it has raised a $25 million Series E round led by Drive Capital. This brings Duolingo’s total funding to $108.3 million and the company says that its valuation in this last round was $700 million. Gina Gotthilf,
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Dynamic Yield, which uses machine learning to help online marketers personalize customer experiences on their site, has added $9 million to its Series C, bringing it to a new total of $31 million. Its new investors are DTCP (Deutsche Telekom Capital Partners) and La Maison. The round was first announced in December, with participation from
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Indian startup Rentomojo — which lets consumers rent appliances furniture, motorbikes and other urban living essentials — has closed a $10 million Series B to continue its expansion. The round was led by Bain Capital Ventures, and others that put in include Lending Club founder and former CEO Renaud Laplanche and existing investors Accel and IDG. It’s
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WaveOptics, a UK startup that builds waveguide-based optics — technology based on hologram physics and photonic crystals — for augmented reality hardware, has raised $16 million (£12 million) to help build the next phase of its business. The Series B round of funding — which comes from previous investors Octopus Ventures, Touchstone Innovations plc and Robert Bosch Venture
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Broadly, the venture capital industry is thriving. But still, too often, women seeking funding are left out of the boom because of hidden biases, sexism and a general unawareness. Because of this — and recent reports of incredibly low-brow behavior among high-profile investors — it is more important than ever to understand where women founders stand when fundraising. Since 2015,