In a statement software maker SpotOn said, it had raised $300 million in a late-stage funding round led by investment firm Dragoneer, which valued the company at $3.6 billion. The fundraiser also saw participation from growth-stage venture capital fund G… Read More ›
venture capital
Israeli tech startup Masterschool raises $100M in early stage funding round
In a statement Masterschool, an Israeli network of tech career-training schools said, it had raised $100 million in an early stage funding round led by venture firm Group 11. Ronald Cohen, Target Global, Dynamic Loop Capital, and Pitango Ventures, and… Read More ›
E-Bike startup Zoomo raises $20M in Series B funding round
On Tuesday, Zoomo, a startup that designs and sells commercial grade e-bikes for online deliveries said, it had raised an additional $20 million in its latest funding round to fund its European expansion and grow its software and engineering teams…. Read More ›
Private equity firms scramble to exit from China’s education sector
With China enacting a new law that bans private tutoring firms from making a profit from teaching core school subjects and raising capital, private equity investors are scrambling to exit the sector after pouring billions of dollars into it. With… Read More ›
Venture Capital GGV raises $2.52 billion in latest funding round
On Thursday, Venture Capital firm GGV stated, it raised $2.52 billion for its latest group of funds marking it as its largest fund raising so far. The development follows several successful initial public offerings of its portfolio companies, including Affirm… Read More ›
U.S.-China investment slides to 9-year low
According to a research report, investment flows between the United States and China touched its nine-year nadir during the first half of 2020 due to increasing Chinese belligerence-induced tensions which could see more Chinese companies come under U.S. pressure to… Read More ›
Franco-German Doctolib gains unicorn status in latest funding round
Its latest funding round included existing investors including investment firm Eurazeo, France’s state-owned investment bank Bpifrance and venture funds Kernel and Accel. Doctolib, a Franco-German startup which created an online booking platform for doctors stated, it has raised 150 million… Read More ›
India exempts small startups from angel tax to promote growth and jobs
The government has raised the investment threshold to 250 million rupees, up from 100 million rupees, on which tax exemptions can be availed. In a strategic move, India eased tax pressures for a new genre of businesses and exempt them… Read More ›
Fintech companies powering Britain’s growth despite Brexit
Fintech startups have drawn investments from venture capitalist companies, mainly based out of the U.S., and despite the uncertainty surrounding Brexit negotiations, the inflow of funds has placed Britain third in the global race to attract venture capital funds. A… Read More ›
Softbank, Greylock Partners, GM and others invest in Silicon Valley self-driving startup Nauto
Nauto has had the distinction of attracting big names from the auto industry in its funding rounds. Palo Alto-based Nauto, a Silicon Valley startup which develops software for self-driving vehicles, has disclosed it closed a $159 million series B funding… Read More ›