Hedge Fund That Bet Against GameStop Shuts Down
A London-based hedge fund that suffered losses betting against US retailer GameStop during the first meme stock rally in January is shutting its doors [Editor's note: the link may be paywalled; alternative source]. From a report: White Square Capital.....»»
Index Ventures’ trio of new funds leads to $3 billion, and more TikTok
Index Ventures has closed a trio of new funds: a $900 million early-stage fund, a $2 billion growth-stage fund and a previously announced $200 million seed-stage fund. The close gives Index $3 billion in new capital, its largest tranche yet, to deplo.....»»
Allocate banks $5M to open up venture capital fund access
The world of venture capital investing is a relatively small one, and family offices and accredited investors are eager to get involved, but find it difficult to access fund managers. The world of venture capital investing is a relatively s.....»»
Untitled Ventures joins the scramble for Russian & Eastern European startups with a $118M warchest
Sorry Mr. Putin, but there’s a race on for Russian and Eastern European founders. And right now, those awful capitalists in the corrupt West are starting to out-gun the opposition! But seriously… only the other day a $100 million fund aimed at Ru.....»»
Indonesia “sea-to-table” platform Aruna hooks $35M led by Prosus and East Ventures Growth Fund
When Aruna’s founders first met at university, they wanted to find a way to use their studies in information technology to help family members who were running small fisheries. Indonesia is one of the world’s largest fisheries producers, but the.....»»
Michael Arrington’s next act
As longtime TechCrunch readers know well, Michael Arrington co-founded TechCrunch and Crunchbase, as well as the venture fund CrunchFund, which was later renamed Tuesday Capital. But In 2017, Arrington announced that he was shifting gears and becomin.....»»
Hyper is a new fund that offers $300k checks and promise of a media slingshot for founders
Hyper is a $60M early-stage fund co-founded by Josh Buckley, Product Hunt’s current CEO along with writer, founder and designer Dustin Curtis. Two ex-Sequoia operators are part of the team at launch as well. Malika Cantor as Partner and GM and Asht.....»»
Speedinvest launches second $70.8M fund aimed at specialist marketplaces and consumer startups
Pan-European early-stage VC Speedinvest has reached the final close for its second fund aimed at specialist marketplaces and consumer startups. Aside from institutional LPs, the €60m / $70.8M fund was also backed by marketplace founders and executi.....»»
Indian food delivery startup Swiggy raises $1.25 billion led by SoftBank and Prosus
It took SoftBank several years, but the Japanese investment giant is now ready to bet on India’s food delivery market. Swiggy said on Tuesday it has closed a $1.25 billion financing round led by SoftBank Vision Fund 2 and Prosus Ventures. The new f.....»»
Amazon Shuts Down NSO Group Infrastructure
Amazon Web Services (AWS) has shut down infrastructure and accounts linked to Israeli surveillance vendor NSO Group, Amazon said in a statement. From a report: The move comes as a group of media outlets and activist organizations published new resear.....»»
Breakr raises $4.2M to connect influencers with emerging musicians
Music app Breakr this week announced a $4.2 million seed round, led by Slow Ventures. The latest raise follows $700,000 in funding led by Andreessen Horowitz’s TxO fund – a round the people behind the service considered a sort of proof of concept.....»»
Foxconn, CTBC Financial to jointly set up EV industry fund
Foxconn Electronics (Hon Hai Precision Industry) will cooperate with CTBC Financial Holding to set up an industry fund specifically for investing in companies engaged in electric vehicles (EVs) in a bid to boost development of EV-related industry sec.....»»
Traditional VCs turn to emerging managers for deal flow and, in some cases, new partners
Nasir Qadree, a Washington-based investor who just raised $62.1 million for his debut venture fund, recently told us that as his fundraising gained momentum, he was approached by established firms that are looking to absorb new talent. He opted to go.....»»
First Trust Nasdaq Cybersecurity ETF is now Available for Sale in Mexican Pension Plans.
WHEATON, Ill.–(BUSINESS WIRE)–First Trust Advisors L.P. (“First Trust”), a global exchange-traded fund (ETF) provider and asset manager, announced that the Mexican pension funds investment regulator, La Comisión Nacional del Sistema.....»»
United and Mesa To Buy Electric Planes For Short Trips
United and a regional airline partner are hoping to use a new electric plane to revitalize short-haul flying. The Wall Street Journal reports: United's venture fund and Mesa Air Group Inc. are investing in Heart Aerospace, a Swedish company developin.....»»
Cybereason raises $275M at Series F, adds Steven Mnuchin to board
Cybereason, a US-Israeli late-stage cybersecurity startup that provides extended detection and response (XDR) services, has secured $275 million in Series F funding. The investment was led by Liberty Strategic Capital, a venture capital fund recent.....»»
M1 Finance raises $150M in SoftBank-led Series E, boosts valuation to $1.45B
Just over four months after announcing a $75 million Series D, M1 Finance today is announcing a new $150 million Series E round of funding led by SoftBank’s Vision Fund 2. The financing, which also included participation from existing backers, prop.....»»
Former Nutanix execs launch new startup with $50M seed round
Today a new software company from two former Nutanix executives called DevRev emerged from stealth with a $50 million seed round from Mayfield Fund, Khosla Ventures and several industry luminaries. The company, which aims to bring the coding and reve.....»»
Micromobility operator Veo raises $16M to fund U.S. expansion
Shared micromobility operator Veo has raised $16 million in new funding as the company ramps up its expansion plans in the United States. The Series A funding round, which follows permit awards in Santa Monica, San Diego and New York, will be used to.....»»
Female Founders Fund closes third fund with $57M for female founders
Female Founders Fund announced Tuesday the closing of its Fund III after raising $57 million to create what it considers “the largest fund for seed capital specifically for female founders.” Female Founders Fund announced Tuesday the cl.....»»
WebOps platform Pantheon raises $100M from SoftBank Vision Fund
WebOps SaaS platform Pantheon, which started out as a Drupal and WordPress hosting service many years ago, today announced that it has raised a $100 million Series E round solely funded by the Softbank Vision Fund. With this round, Pantheon has now r.....»»