Tag: venture capital

Capture investment opportunities created by megatrends

Best Buy investing millions in Brown Venture Group, a firm exclusively backing BIPOC founders

Last summer, in the wake of George Floyd’s murder, Best Buy committed to “do better” when it came to supporting communities of color. As part of the retail giant’s self-proclaimed mission to better address underrepresentation and technology inequities, the company announced today that it is investing up to $10 million in Brown Venture Group. Minnesota-based…
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5 August 2021 0

What Square’s acquisition of Afterpay means for startups

On Sunday Square announced it was gobbling up Afterpay in a deal worth $29 billion at the time of announcement. Alex followed up yesterday with more details on why the deal made sense for Square and Afterpay over here, but we wanted to ask some notable VCs what it means for the startup market. For…
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3 August 2021 0

Gapsquare, a pioneer of machine learning into gender pay disparity, is acquired by XpertHR

Inequalities between women and men in the workplace have been exacerbated during the COVID-19 pandemic and are likely to persist in the near future, according to the International Labour Organization (ILO). The World Economic Forum estimates globally it will take 267.6 years to close the gender gap in economic participation and opportunity. So it’s even…
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3 August 2021 0

Introducing the Open Cap Table Coalition

Aron Solomon Contributor Aron Solomon, J.D., is the head of Strategy for Esquire Digital and the editor of Today’s Esquire. He has taught entrepreneurship at McGill University and the University of Pennsylvania, and was the founder of LegalX, a legal technology accelerator. More posts by this contributor If you don’t want robotic dogs patrolling the…
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29 July 2021 0

iAngels raises $55 million, anchored by the European Investment Fund, for first institutional fund

iAngels, the private investment platform founded and helmed by Mor Assia and Shelly Hod Moyal, has today announced the close of its first institutional fund. The firm has raised $55.5 million, which was anchored by the European Investment Fund, which put in $25 million. This brings iAngels’ total assets under management to $300 million. Until…
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27 July 2021 0

One of Nigeria’s high profile angel investors is launching a fund for African startups

Olumide Soyombo is one of the well-known active angel investors in Nigeria tech startups and Africa at large. Since he began angel investing in 2014, Soyombo has invested in 33 startups, including Stripe-owned Paystack, PiggyVest, and TeamApt. Today, the investor is announcing the launch of Voltron Capital, a Pan-African venture capital firm he co-founded with…
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26 July 2021 0

Extra Crunch roundup: finding GTM, China’s edtech clampdown and how to define growth

Early-stage startups tend to claim that their go-to-market strategy is fully operational. In reality, GTM is a stark numbers game, and even with a solid plan in place, it can be easily foiled by common problems like turf battles and poor communication. Finding GTM fit is a milestone for any startup that includes everything from…
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23 July 2021 0

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 Russian speaking entrepreneurs appeared, and others are proliferating. Now, London-based Untitled Ventures plans…
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22 July 2021 0

Capchase raises $280M to scale its financing platform for subscription businesses

Almost overnight, platforms that offer non-dilutive capital for recurring revenue businesses have become white-hot. It was only in March that Pipe — which aims to be the “Nasdaq for revenue” — raised $150 million, but two months later had raised $250 million at a $2 billion valuation. This fever is now reaching Europe, where today…
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20 July 2021 0

Choco bites into $100M Series B, at a $600M valuation, to build a more transparent, sustainable food supply chain

The United States estimates of the food produced here approximately 40% is wasted. Globally, $2.6 trillion annually is lost. Berlin-based Choco, which has built ordering software for restaurants and their suppliers, is working to digitize the food supply chain and announced $100 million in Series B funding, led by Left Lane Capital, to give it…
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20 July 2021 0